The judge used the phrase "race conscious admissions" rather than "affirmative action" to explain why she allowed the legal discrimination. Continue...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
Barton Biggs on how the Nomura Family's ability to recognize "Narrative Failure" made Nomura Japan's #1 financial firmWhy we're experiencing our own "Narrative Failure" today, and what specifically is failingPortfolio positioning for the narrative failure and beyondOutlook for the coming merger of monetary and fiscal narratives, and how that might unfoldRead More
In the aftermath of today's surprising WTO decision, in which the global trade mediator sided with the US in finding some $7.5BN in European Airbus subsidies illegal, momentsContinue...Read More
"The proposed step of limiting American portfolio investments in China makes me both think about the implications of this step and wonder if it is an inching toward bigger moves," Continue...Read More
"Sen. Sanders is conversing and in good spirits. He will be resting up over the next few days...We are canceling his events and appearances until further notice, and we will continue to provide appropriate updates."Continue...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday October 2.Key drivers A drop in the ferro-titanium price to $4.40-4.80 per kg delivered this week from $4.60-4.90 per kg last week reflects quiet consumer buying interest and only low levels of trading at lower prices. Consumers in the steel sectors have been slow to return to the market since the seasonal summer lull, both for prom...Read More
Taiwan will defer the imposition of anti-dumping and countervailing duties on five Chinese steel and stainless steel products, the island's customs administration said last week. The decision to delay the tariffs was made after considering the recommendation of Taiwan's International Trade Commission (ITC), the impact on Taiwan's economic interests and the global economic situation, Taiwan's Custo...Read More
The goals are to test for a greater depth of the current resource and for high-grade feeder structures. Lion One's Tuvatu Gold ProjectLion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it launched a high-grade feeder diamond drill program at its Tuvatu alkaline gold project in Fiji.The purpose of the campaign, which will consist of four holes, is to show that the Tuvatu res...Read More
After years of work, this milestone is a significant one for the process and the company's development. EnviroLeach Technologies Inc. (ETI:CSE; EVLLF:OTCQB) poured its first commercial gold bars using its proprietary formula and process, it announced in a news release. The 10-ounce bars, produced from 334 pounds of gravity concentrates, represent an average gold recovery of 96.6% with a leach tim...Read More
One area of mineralization encountered could represent a third discovery zone. Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that ongoing drilling at Black Pine in Idaho continues to return thick, high-grade intervals of Carlin-style oxide gold mineralization.New results are from the Discovery 2 zone. They "expand the footprint of mineralization and confirm the c...Read More
Prices for hollow steel sections in the European domestic market were unchanged this week although feedstock costs continued to decline, sources told Fastmarkets on Wednesday October 2.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?585-600 ($638-654) per tonne on Wednesday, flat week on week.The market continued to struggle with low de...Read More
Worries over ongoing trade war impacts rattled investors for the second day in a rowOngoing trade war worries after a big ISM manufacturing data miss sent the Dow to a 494-point loss today, with the index breaching its 50-day moving average in the process -- just as the S&P did to start the month on Tuesday. Ahead of the ISM non-manufacturing index due out Thursday and the marquee jobs report that...Read More
Zynex, meanwhile, is outperforming the broader stock marketThe U.S. stock market is spiraling for a second straight day, as fears over a potential global recession swirl. Three individual stocks making notable moves are diagnostic imaging specialist Lantheus Holdings Inc (NASDAQ:LNTH), media giant World Wrestling Entertainment, Inc. (NYSE:WWE), and medical device manufacturer Zynex Inc. (NASDAQ:ZY...Read More
The automaker said U.S. auto sales fell in the third quarterIt's a bloodbath on Wall Street today, and Ford Motor Company (NYSE:F) is not exempt from the selling. The automaker reported a 5% decline in U.S. auto sales for the third quarter, thanks to lower-than-expected figures for its Taurus and Mustang vehicles. F stock is down 4.1% to trade at $8.52 at last check, on track for its worst day s...Read More
JJCTF is essentially flat on the year, despite meaningful mine supply tightness.Global concentrate tightness is set to constrain more pronouncly refined production trends in Q4.In turn, the global refined copper market is due to show increasing signs of tightness (falling inventories, tighter spreads).We, therefore, approach JJCTF from a long side, expecting its tight fundamental backdrop to outwe...Read More
Sentiment couldn't get much more bearish on the stockHousing stocks have had a good year on the charts, and the group is in focus again today thanks to Lennar's (LEN) earnings beat this morning. Some analysts were predicting more strength out of the housing sector, and for those interested in betting bullishly, one name to consider is LGI Homes Inc (NASDAQ:LGIH), which just flashed in the study pe...Read More
Demand for flat steel products in Turkey was weak in September 2019 because of global price falls, market participants have told Fastmarkets.And local producers have now filled their order books until late November, they said on Wednesday October 2.Turkish steel prices increased on May 17 after the import duty into the United States, which had been applied at a rate of 50% in September 2018, was c...Read More
Analysts are bullish toward the underperforming pharmaceuticals sectorDrug stocks have underperformed recently, with just 19% of the 130 stocks we track under the "Pharmaceuticals & Biotechnology" umbrella trading north of their 80-day moving average. Analysts have barely budged in their bullish outlooks, though, with 65% of those covering these stocks still maintaining a "buy" rating -- putting t...Read More
The people who are prepared are going to reap rewards such asthey have never dreamed. We're going to have the biggest transfer of wealth inhistory – from the fools – to those who are prepared. – Bob Moriarty The run upof the last few months to $1,565 gold and $19silver has stalled out into a relatively high-level correction, giving backless than might be expected after such...Read More