Dear Rich Lifer,As I mentioned in one of my issues last week, I attended the first annual Paradigm Press summit in New York City and gave a talk to both live attendees and thousands of additional investors with streaming access to the event.The entire event was terrific with eye-opening insights from many additional presenters - Jim Rickards, Nomi Prins, Tim Sykes, Ray Kurzweil, George Gilder, Gra...Read More
Dear Rich Lifer,You've heard the saying when it comes to trading stocks: buy low and sell high. The same strategy applies to making money buying items in stores.This is called retail arbitrage, and it can make you a small fortune pretty quickly if you know how to do it right, and with Black Friday and the Holidays right around the corner, there has never been a better time to try it out.E-commerce...Read More
China's domestic rebar prices increased further on Monday November 18 amid low inventories, though participants were less optimistic about the market due to softening demand. Eastern China (Shanghai): 3,940-3,970 yuan ($562-566) per tonne, up 70-80 yuan per tonne Northern China (Beijing): 3,720-3,750 yuan per tonne, up 20-30 yuan per tonneLow stock levels in the spot market continued to provide up...Read More
Key data from the pricing sessions in Asia and Europe in the week ended Friday November 15.ChinaKey drivers The Chinese silicon export market continued to gain momentum for the fourth consecutive week in response to higher offer prices amid supply tightness in the dry season from November to May. According to market sources, an increase of around 100 yuan ($14) per tonne has been seen in Chi...Read More
The price of seaborne low-grade manganese ore managed to tick upward in the latest assessment period, which ended on Friday November 15, amid a revival in buying appetites.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin, rose by 3 cents week on week to $3.28 per dry metric tonne unit (dmtu) on November 15, the first rise recorded since late August, when the price was $5.04 per dmtu.Fastmarke...Read More
Industry figures at the International Ferro-alloys conference in Budapest this week will be discussing future developments in the manganese markets after a dramatic turn in the manganese flake price over the past year; Fastmarkets looks at the key reasons behind the slump. The manganese 99.7% electrolytic manganese flake, in-whs Rotterdam price fell to $1,610-1,670 per tonne on November 8, down by...Read More
Large-scale cobalt supply from recycled electric vehicle (EV) batteries is yet to come, Tiger Pan, vice general manager of GEM Co Ltd, told Fastmarkets in a recent interview. Shenzhen-headquartered battery materials producer GEM has established 16 recycling industrial parks in over 10 provinces in China. The company recycles about 5,000 tonnes per year of cobalt, and about 10,000 tpy of nickel. In...Read More
Weeks of slow spot buying from consumers comfortable working with low stock levels has brought cheaper offers into the spot cobalt market so far in November. Competitive negotiations for 2020 long-term contracts, macroeconomic concerns and cautiousness around the pace and timing of an uptick in cobalt usage by the battery sector have also created more reserved sentiment, market sources told Fastma...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 15.ChinaThe domestic spot alloy price in China remained steady with producers continuing to report limited supply of 75% grade material but that demand also remains weak. The export alloy price was similarly unchanged after major Chinese suppliers refused...Read More
Now under the leadership of Tom Wendt Jr, the family owned and operated Wendt Corp has served the scrap metal recycling industry for over 40 years. Bette Kovach asks him about the growth of the business founded by his father, now chairman, in 1977 and company strategy to supply ever more demanding markets.Wendt CorpWhile still in high school, Tom Wendt accompanied his father, Thomas Wendt Sr, to a...Read More
More than 20 people have died in clashes between protesters and security forces in Bolivia since disputed presidential elections in October and the resignation of Evo Morales on Nov. 10.The United Nations has warned that the country risks spinning out of control."The country is split and people on both sides of the political divide are extremely angry," Michelle Bachelet, the United Nations High C...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) has agreed to sell its 50% interest in Kalgoorlie Consolidated Gold Mines (KCGM) in Western Australia to Saracen Mineral Holdings (ASX: SAR) for US$750 million in cash.KCGM owns and operates the Kalgoorlie mine, also known as the Super Pit, about 550 km east of Perth.Barrick holds a 50% interest in the joint-venture and Newmont Goldcorp (TSX: NGT; NYSE: NEM)...Read More
Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareEvery new chief executive starts with a "to do" list and Mike Henry, the new man in the top job at BHP w...Read More
Volkswagen's new ID.3 electric vehicle will be 40% cheaper to build than th...Read full newsRead More
"Excellent #nickel market overview by Nornickel with great insights on the challenges facing HPAL projects in Indonesia https://t.co/cdsgR59xwS"Read full newsRead More
Amazon avoids paying federal tax - for the second year in a row, according to a new report.Read full newsRead More
SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app ...Read full newsRead More
Canada's Saracen Mineral Holdings is the buyer.Read full newsRead More
"$SNDE - Sundance Energy Australia Limited (SNDE) CEO Eric McCrady on Q3 2019 Results - Earnings Call Transcript. Continue reading: https://t.co/NPbW6p7Sv4 #investing #stockmarket #markets"Read full newsRead More
"All Investors Are Bullish, Timing Makes The Difference - Weekly Blog # 603. Get more info on Seeking Alpha: https://t.co/aA0clveNfc #economy #stockmarket #investing"Read full newsRead More