Buy The Kudlow Krash...This week's appointment of former Bear Stearns' Chief Economist Larry Kudlow as head of the National Economic Council ("NEC") will go down in history as one of the worst appointments in U.S. economic and political history. Notwithstanding that I cannot nor ever could stand watching or listening to the this Wall Street/Washington sycophant, he has been lobbying for a place in...Read More
"We have reliable information at our disposal that US instructors have trained a number of militant groups in the vicinity of the town of At-Tanf, to stage provocations Continue...Read More
Our proprietary cycle indicator is down.To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator provides us with a clear direction how we should be speculating.InvestorsDuring a major buy si...Read More
China's holdings of US debt fell to a six-month low of $1.17 trillion in January, according to the latest data published by the Treasury Department.Continue...Read More
Some steel product prices in the United States have risen in response to the looming introduction of 25% tariffs on imports, while sentiment in steel markets outside the US has been dampened by fears of potential shifts in trade flows. US president Donald Trump signed the 25% tariff into law on March 8 after the conclusion of his government's Section 232 investigation, and from Friday March 23 the...Read More
Iron ore output at Anglo American's Brazilian Minas-Rio operation is still halted after a slurry pipeline rupture, but shipments are not expected to be affected, it told Metal Bulletin on Friday March 16."So far, there is no impact forecast," the miner said. "There are around 700,000 tonnes of iron ore stocked, which is a sufficient volume to meet the shipping schedule of the next vessels."The com...Read More
New long steel capacity in the pipeline in the Philippines may well disrupt trade flows in Asia once they come on stream, market sources told Metal Bulletin this week.This is because the Philippines could reduce its reliance on imports, which would result in seaborne cargoes being diverted elsewhere in the region. Major Philippine rebar producer SteelAsia Manufacturing Corp plans to increase its c...Read More
Tim Sykes here, taking over from Nilus.When most people fantasize about being a millionaire, they think about the sexy parts.The hot cars...The cool house…Maybe even swimming through a pool of money, Scrooge McDuck-style...Don't worry: With time and effort, these things can be yours.But to get there... you're going to have to wade through some slightly less glamorous times and put in a lot o...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Cobalt drilling activity worldwide quadrupled in Q4 and accounted for 50% of total activity of battery materials worldwide, according to data from Mining Intelligence.Fifty cobalt projects reported drill results in the last three months of 2017 up from 12 during the previous quarter. Glen Jones, managing directo...Read More
Potential ad hoc application of the new mining law in Democratic Republic of Congo, plus weaknesses in its transparency and conflict of interest measures, may leave the country's mining sector open to corrupt deals that could cost the country billions of dollars.Read full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
DENVER (AP) - The U.S. Environmental Protection Agency says it has almost finished an overdue review of damage claims from a Colorado mine waste spill that the agency accidentally triggered, but an internal agency accounting of those claims appears to be off by tens of millions of dollars.Read full newsRead More
SPEARFISH - The South Dakota Department of Environment and Natural Resources (DENR) announced Thursday that it reached an agreement with a mining company drilling exploration holes near the rim ofRead full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
Littering the runway with precious metalsRead full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the result o...Read More
The price of oil has rallied more than 20% since the start of October, and copper spot prices are up more than 40% since mid-way through 2016.Following a very tough period, commodities are starting to rebound again, as the market adjusts to inflationary pressures and the U.S.'s new weak dollar policy.These five companies should outperform the broader markets if recent strength in metals and mining...Read More
(Kitco News) - First U.S. town bans bitcoin mining after residents complained of skyrocketing electricity bills.A small town of Plattsburgh, New York, said last week that it is slapping an 18-month moratorium on cryptocurrency mining “to protect and enhance the City's natural, historic, cultural and electrical resources.”The city council’s vote was unanimous and the fine for igno...Read More
ProphetsWhy the U.S. Treasury Likes a Weak DollarSince low yields can't entice investors, the chance of future currency appreciation might.by Steven EnglanderMore stories by Steven EnglanderRead More