Today Zinc Free Tips – Buy Zinc at CMP 207.50 for Target 208.80 – 209.80 with SL below price 206.30AFTER POST CONTENT Read More
SHANGHAI, May 11 (SMM) –Copper: The US dollar fell as the US consumer-price inflation growth for April missed expectations. Crude oil prices extended its gains as closing prices registered a new high since 2014, and this buoyed copper prices. LME copper surged overnight with a higher trading range, and now stands among moving averages. The SHFE 1807 contract cli...Read More
War is one of the most primitive and senseless manifestations of the human experience, so naturally, most sane people with families, ambitions and kind hearts want nothing to do with such things. Unfortunately, as we are seeing with the Syrian escalation, governments thrive on war, as it gives them a pressing excuse to grab more power and take extrajudicial measures-both at home and abroad.To get...Read More
Despite the relentless rise of the U.S. dollar during the past four weeks, the gold price has managed to hold critical support at the $1300 level due mostly to crude oil continuing to rise. The GDX is also trying to close the week above its 200-day moving average and strong resistance at $23 on the back of a tame U.S. inflation report released on Thursday. The inflation report boosted both gold an...Read More
WASHINGTON (Reuters) - The Federal Reserve board will hold a public vote on whether to lift growth restrictions on scandal-hit Wells Fargo following pressure from Democratic Senator Elizabeth Warren, the Massachusetts lawmaker said on Friday.The Fed’s policy shift could make it tougher for Wells Fargo to shake off the unprecedented sanctions that the bank said on Thursday are expected to cri...Read More
Colorado School of Mines conferred 201 master's degrees and 52 doctoral degrees at its Spring 2018 Graduate Commencement on May 10, kicking off two days of commencement exercises at the university. The Dr. Bhakta Rath and Sushama Rath Research Award, recognizing the Mines doctoral graduate whose thesis demonstrates the greatest potential for societal impact, was awarded to Chuancheng Duan,...Read More
Aluminium Tips – SELL Aluminium at CMP 155 for Target 154.10 – 153.60 with SL Above price 156. Risk Taker trade 2 lotsAFTER POST CONTENT Read More
ArcelorMittal predicts that demand for steel will continue to pick up after posting positive financial results for the first quarter of 2018, the company said on Friday May 11."The improvement in global steel market dynamics has continued into 2018, supporting an encouraging financial performance in the first quarter," chairman and chief executive officer Lakshmi Mittal said.The world's biggest st...Read More
Have you ever paid late fees on your rent? Have you ever had your debit card declined publicly when getting groceries? Have you ever had your long-term plans interrupted because your finances came up short?If you have, you’re one of the millions of Americans who need margin in their personal finances. To have margin means that you have space, or cushion room, not just for your bills but also...Read More
(Reuters) - The Trump administration will propose sweeping changes to the nation’s biofuel policy, including expanding it to exports and cutting the number of waivers for small refineries, a source briefed on the plans told Reuters.The U.S. Renewable Fuel Standard (RFS) program requires refiners to either blend biofuels like corn-based ethanol into the fuel pool or buy credits from those who...Read More
ArcelorMittal Europe's first-quarter 2018 earnings jumped 14.9% year-on-year due to higher steel shipments and prices, the company said on Friday May 11.Earnings before interest, taxes, depreciation and amortization (Ebitda) at ArcelorMittal Europe increased to $1.04 billion in the first three months of 2018, up from an Ebitda of $909 million in the corresponding period in 2017. The increase was m...Read More
MIDROC Gold Mine's Lega Dembi mine in the country's south has been hit by protests recently over its environmental impact. Ethiopia's mining ministry ramped up anger last month by renewing the two-decade old mine's licence, Reuters said, and local media reported two protesters were killed by state security. Following two weeks of protests, mining ministry spokesman Bacha Faji told s...Read More
The timing is fit for a movie plot climax!Just as Trump announced intentions to get out of Syria, Assad did something unspeakable. According to Assad’s opposition, the Syrian government “once again” used chemicals weapons on civilians.At a time when the war is almost won for Assad, he decided to re-ignite international calls for his ouster by senselessly murdering about the same...Read More
(Reuters) - The S&P 500 was flat on Friday as technology stocks fell after a six-day rally, while healthcare shares rose on expectations that President Donald Trump’s speech on drug prices will largely spare the industry.The tech sector .SPLRCT was down 0.4 percent, as Apple dropped after a nine-day winning streak that saw it edge closer to $1 trillion in market capitalization.Also weigh...Read More
The price of imported steel billet and local rebar prices have been mostly unchanged in Egypt this week, sources told Metal Bulletin on Thursday May 10.The country's rebar biggest producer, Ezz Steel, is still offering material at E ?12,528 ($705) per tonne ex-works, including 14% VAT, while Beshay Steel, also a major domestic producer, is offering rebar at E ?12,525 per tonne ex-works including 1...Read More
The transgender movement blurs the line between two words: gender and sex.I am willing to surrender the word gender. The new definition of gender is that it is not a scientific term, but rather a cultural identifier of traits typically related to biological sex. So a biological male who feels like he fits the role society views as female could change his gender because gender is a social construct...Read More
* LME/ShFE arb: bit.ly/2wZSAEz* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl (Updates prices and lead, adds Glencore, Indonesia)By Zandi ShabalalaLONDON, May 11 (Reuters) - Aluminium fell to its lowest in a week on Friday and ended the week in negative territory as the market corrected after a recent price surge on U.S. sanctions against the world’s largest producer and its major shareho...Read More
Hot-rolled coil prices in the United States inched up for a third straight week as some market participants questioned whether widespread speculation about a summer correction would survive a recent plunge in imports.American Metal Market's hot-rolled coil index stands at $43.96 per hundredweight ($879.20 per ton), up 0.2% from $43.87 per cwt ($877.40 per ton) a week ago and up 34.7% from $32...Read More
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."-Benjamin FranklinThe ease with which Americans are prepared to welcome boots on the ground, regional lockdowns, routine invasions of their privacy, and the dismantling of every constitutional right intended to serve as a bulwark against government abuses is beyond unnerving.I am...Read More
Perhaps the most exciting thing about the Orexplore GeoCore X10 core scanner and Chrysos Corporation's photon assay tools is that nobody is really sure where their biggest impacts will be.Read More