E.B. says, "Your experiences shape you, and they are cumulative. Therefore it's important with whom and how you spend your time." He has made the majority of his money on the more obvious trades. An example of this is the current gold to silver ratio. Momentum indicators are showing that we are in a new gold bull market, but most investors won't take notice until we take out the past highs. He thi...Read More

0:05 Introduction0:50 Gold mining sector commentary2:18 Exploration mining stock pick9:30 Royalty mining stock pick18:53 Producer mining stock pick28:00 Info on Mining Stock JournalDave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he...Read More

Domestic long steel prices in the Turkish market have retreated slightly over the past week on the back of a strengthening lira against the US dollar, sources said on Thursday October 24.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was TRY2,850-2,910 ($494-505) per tonne on Thursday, down from last week's TRY2,880-2,950 per tonne, including 18% V...Read More

The export prices of rebar and wire rod from Turkey have continued to increase over the past week, because of the rising cost of scrap and the reduced supplies due to production cuts in the country.Demand was still weak in any case, sources said on Thursday October 24.The mills in the country have raised their offer prices for exports of rebar to $410-420 per tonne fob on an actual weight basis, c...Read More

The price for steel rebar in Egypt was stable in the week ended Thursday October 24, but the import price for steel billet has increased again, sources have told Fastmarkets.Egyptian rebar producers reduced their domestic prices on October 9, but have not made any further changes since then.Ezz Steel, Egypt's biggest producer, was currently offering rebar at E ?10,900 ($672) per tonne, El Marakby...Read More

Seaborne iron ore prices looked set to find support from restocking demand in China in October but the outlook for the rest of the quarter and months ahead is uncertain.The spread between the mid-grade iron ore products, represented by Fastmarkets' index for 62% Fe iron ore, and the high-grade materials, represented by Fastmarkets' index for 65% Fe iron ore stood at $6.60 per tonne in September th...Read More

Microsoft's earnings beat couldn't pull the Dow back from 3M's dismal dayMore lackluster blue-chip earnings sent the Dow down 28 points today. Specifically, 3M (MMM) weighed on the index after slashing its full-year guidance, with that negative reaction offsetting a strong quarterly earningsreport from Microsoft (MSFT). In fact, it was a mixed day for earnings across the board. Outside the Dow, Tw...Read More

Meanwhile, sale talk has AYR shares running red-hotThe U.S. stock market is mixed today, as Wall Street sifts through a deluge of earnings reports. Among individual names making notable moves today is weed stock Tilray Inc (NASDAQ:TLRY), aircraft issue Aircastle Limited (NYSE:AYR), and semiconductor processing equipment specialist Lam Research Corporation (NASDAQ:LRCX). Here's a quick roundup of w...Read More

RSX is trying to push through the $24 regionThe VanEck Vectors Russia ETF (RSX) has been in focus multiple times in 2019, due to geopolitical developments, and the exchange-traded fund (ETF) is again making a big move today. RSX was last seen trading up 1% at $23.83, pacing for its best close in a month, likely thanks to buzz around Russia's agreement with Turkey to share Syrian territory, followi...Read More

Ford is lower after trimming its full-year guidanceWhile Tesla (TSLA) shocked the auto world with its earnings beat yesterday evening, Ford Motor Company (NYSE:F) hasn't been so lucky. Ford shares are down 7% to trade at $8.56, after the carmaker cut its full-year earnings forecast, citing weak demand in China and higher warranty costs. Also weighing on Ford is a 50-cent price-target cut to...Read More

The continued unpredictability of trade relations between China and the United States has made long-term planning harder for businesses, including mining companies.But what would happen to the mining sector if the trade wars were to end overnight?According to the heads of the world's largest miners, the impact would be smaller than one might expect.For starters, there would not be a sudden rush to...Read More

The retailer will report fiscal second-quarter earnings tomorrow morningOptions traders are blasting VF Corp (NYSE:VFC) today, as the retailer gets ready to report earnings tomorrow morning. At last check, 7,527 puts were on the tape, 37 times what's typically seen at this point, and a new 52-week peak. Call traders are busy, too, with around 2,400 contracts exchanged, quadruple the expected intra...Read More

Gold is the most effective commodity investment, yet it is under-invested, the WGC reports. What makes it special and deserving of our focus? And how to translate that focus into an appropriate allocation within one’s portfolio?Gold is Unique Commodity. Or… Maybe Not?Gold is often included into commodities. It seems natural, gold is a metal, after all. And just like other raw material...Read More

The study has 19 previous examples to take from, tooUnion Pacific Corporation (NYSE:UNP) has been strong in recent weeks, and today the shares have moved above the $170 level, last seen up 0.2% at $170.45. From a longer-term perspective, the stock recently pulled back to the 10-month moving average, which historically been a good time to go bullish on the freight concern. Schaeffer's Senior Quanti...Read More

Fastmarkets has identified several rounding discrepancies in its implied pellet premium historical prices between data published in the Excel file on the MB Iron Ore Index website; and those published in Price Book and distributed via the Excel Add-In. The Fastmarkets MB CFR China Implied Pellet Premiums are derived figures that are calculated by subtracting the weekly averages of the Fastmarkets...Read More

Sally Beauty has been suffering long term on the chartsShares of Sally Beauty Holdings, Inc. (NYSE:SBH) are down 1.2% at $16.20 this afternoon, reversing course after two-day climb up the charts, and a recent lift off their early September lows. Today's pullback may not be one-off, however, as data from Schaeffer's Senior Quantitative Analyst Rocky White, suggests a long-term bear signal may be f...Read More

3M's earnings report is weighing on the DowThe Dow Jones Industrial Average (DJI) is lower at midday, but has pared a triple-digit deficit at its session lows, as a dismal earnings report from 3M (MMM) offsets well-received quarterly reports from Microsoft (MSFT) and Dow Inc (DOW). The S&P 500 Index (SPX) is sitting just above breakeven, while the Nasdaq Composite (IXIC) is confidently higher...Read More

- RambusKeeping an open mind when it comes to trading the markets is paramount. If one gets locked into one scenario and refuses to acknowledge any other possibility you will eventually find yourself on the wrong side of the trade. Even though I have a ton of bullish charts for the PM complex I also have just as many charts which show possible negative price action.This last chart for tonight...Read More

- Avi GilburtThis market has been difficult for both the longs and the shorts for months now. While it has been unwilling to break down, it has also been equally unwilling to break out.What makes me scratch my head even more of late is that the Fed has come to the table with its "not-really-QE-4" of $60 billion a month. For those that remember, QE1 was approximately $100 billion a month on ave...Read More

By: Ira EpsteinGold continues of the path of trying to breaking down, $1475 area support on weekly chart. Gold in sideways market and difficult to read at times..Read More