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Trump proposes $100 billion in additional tariffs on Chinese products

April 05, 2018 / marketsanity.com

"In light of China's unfair retaliation, I have instructed the USTR to consider whether $100 billion of additional tariffs would be appropriate under section 301 and,Continue...Read More

SRSrocco Blows The 'Our All In Sustaining Costs Are $5 To Mine Silver' Claim Out Of The Water

April 05, 2018 / www.silverdoctors.com

Some companies claim they're making bank selling $16 silver all day long, but Steve St. Angelo dives into the details to reveal quite a different reality...by Steve St Angelo of SRSrocco ReportJust two mines supply the United States with half of its silver production, and both are located in Alaska. It's quite amazing that Alaska now produces half of the silver for the U.S. when only 30 years ag...Read More

Analyst: Sell These 2 Chip Stocks

April 05, 2018 / www.schaeffersresearch.com

UBS started MU and TXN off with "sell" ratingsChip stocks Micron Technology, Inc. (NASDAQ:MU) and Texas Instruments Incorporated (NASDAQ:TXN) are both sitting out the broad-market rally after receiving bearish brokerage notes to start the day. Specifically, UBS initiated coverage on the two semiconductor stocks with "sell" ratings, as well as price targets of $35 and $85, respectively. Majority...Read More

Och-Ziff deal isn't final yet as judge weighs `victim' Bid

April 05, 2018 / www.mining.com

(Bloomberg) - A U.S. judge held out the prospect of scuttling Och-Ziff Capital Management Group LLC's plea agreement with the U.S. if he concludes an investor group is entitled to as much $600 million over lost mining rights tied to a sprawling African bribery scheme.U.S. District Judge Nicholas Garaufis is due to sentence an Och-Ziff unit after it pleaded guilty in September 2016 to participatin...Read More

TURKEY STEEL BILLET: Turkish billet prices fall further in line with lower CIS offers

April 05, 2018 / www.metalbulletin.com

Turkish billet prices continued to decrease over the past week on lower offers from CIS suppliers and weakening imported scrap values, sources said on Thursday April 5.Metal Bulletin's weekly price assessment for billet imports into Turkey was $530-540 per tonne cfr, down from the $540-550 per tonne of last week.The suppliers in the CIS region...Read More

China Says It Never Backs Down in the Face of Threats After Trade Salvos with U.S.

April 05, 2018 / www.kitco.com

BEIJING (Reuters) - China has never surrendered to external pressure and it will win any trade war with the United States, the nation’s state media stressed in a series of editorials and columns in the hours after the world’s two top economies targeted each other with steep tariffs.While China’a Ambassador to the United States Cui Tiankai stressed in comments to reporters in Wash...Read More

Study: Opioid Use Lower In States That Eased Marijuana Laws

April 02, 2018 / marketsanity.com

"There likely is a role for medical marijuana in reducing the use of prescribed opioids for the management of pain."Continue...Read More

Bill Murphy: Things Are So Out-Of-Whack In Silver There Must Be Something Seriously Wrong

April 05, 2018 / www.silverdoctors.com

With open interest nearly at all-time highs, yet with silver in the low 16's, Bill says we're set up for an explosive move like nobody's ever seen before...Bill Murphy interviewed on Kennedy FinancialBill Murphy is back to discuss the latest action going on in the gold & silver markets.Bill says that there is something going on in the silver market that just isn't right, and because of the latest...Read More

Lowe's Stock Jumps on Bullish UBS Outlook

April 05, 2018 / www.schaeffersresearch.com

Lowe's stock's 200-day moving average has been supportive recentlyShares of homebuilding retailer Lowe's Companies, Inc. (NYSE:LOW) are on the rise, after UBS put the stock on its "most preferred" list. An extensive amount of catalysts have been cited as the reason behind the firm's bullish outlook, including Lowe's impending change in CEO, and a good consumer spending environment, which is being...Read More

Vedanta copper unit draws ire of movie stars on pollution claims

April 05, 2018 / www.mining.com

(Bloomberg) - Vedanta Ltd.'s plan to expand a copper smelter in India as part of an $8 billion drive to boost its national production capacity for metals is being dogged by movie stars and local protesters.Stars-turned-politicians Rajinikanth and Kamal Haasan are lending their voices to protests by neighboring villagers against the plant in Tamil Nadu because of health concerns. Vedanta is workin...Read More

Weatherly CEO quits

April 05, 2018 / www.mining-journal.com

Craig Thomas has run the Namibia-focused miner since 2015, after being promoted from COO.Weatherly had to push back a loan repayment due to Orion Mine Finance on March 31, and has seen a precipitous fall in its share price recently. A three-year peak in mid-February of £0.023 (US$0.032) per share came before more announcements about the financial situation, triggering the 70% fall to &p...Read More

EGYPT STEEL BILLET, REBAR: Billet import prices decrease, demand weakens

April 05, 2018 / www.metalbulletin.com

Import prices for steel billet in Egypt fell this week on declining demand, sources told Metal Bulletin on Thursday April 5.CIS-origin billet was on offer in Egypt at $540-545 per tonne cfr, down from last week's $550-555 per tonne cfr. No new price was heard from Iran. Metal Bulletin's weekly...Read More

Gold Prices Slide as Safe Haven Demand Fizzles

April 06, 2018 / in.investing.com

Investing.com - Gold prices fell on Thursday as risk appetite recovered amid investor bets that recent tariff announcements by the U.S. and China are negotiating tactics and the countries will ultimately reach a compromise.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were last down by $13.10, or around 1%, to $1,327.20 a troy ounce at 10:46AM ET (14:46GM...Read More

Porter Stansberry: How Americans Lost 69% of Their Savings

April 05, 2018 / marketsanity.com

Editor's note: Porter says the coming Debt Jubilee is inevitable... and it will be devastating for most of America. But you don't have to be a victim. His recent presentationContinue...Read More

Biogen Stock Hit With $100 Price-Target Cut After Ugly Q1

April 05, 2018 / www.schaeffersresearch.com

Barclays doesn't see any near-term catalysts for BIIB sharesAnalysts have long been a fan of biotech stock Biogen Inc (NASDAQ:BIIB). Of the 23 brokerage firms that have coverage on BIIB, 16 say to buy it, and there are zero "sell" ratings. The equity also boasts a 12-month price target of $375.10, which represents a 37% premium to the Wednesday close of $272.40. But with the shares coming off an a...Read More

World's top miner BHP quits global coal group over climate stance

April 05, 2018 / www.mining.com

World's number one miner BHP (ASX:BHP) confirmed Thursday it has decided to leave the World Coal Association (WCA) over differences on climate change, but said it will keep its affiliation to the US Chamber of Commerce, which was also under review.The miner, which publicly supports the Paris climate accord, first signalled its intent to potentially leave the global coal-lobbying group last year, a...Read More

Solar power drew $161 billion in 2017, more than any other technology

April 05, 2018 / www.mining.com

Solar power last year attracted far more investment than any other technology, reaching almost $161 billion, a 18% increase when compared to 2016, a new study backed by the United Nations shows.According to the report, released Tuesday by the UN Environment's Economy Division, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance, solar made up 57% of last year's to...Read More

Dollar edges up as trade war fears fade

April 05, 2018 / www.kitco.com

LONDON (Reuters) - The dollar rose to a two-week high against a basket of major currencies on Thursday, encouraged by a rebound on Wall Street and signs the United States may negotiate a resolution to a trade dispute with China.Beijing on Wednesday imposed tariffs on key U.S. imports including soybeans, planes, cars, beef and chemicals in response to similar measures from the United States.That pr...Read More

Mining in Trump's America: boom or bust?

April 05, 2018 / www.mining-journal.com

As a broad statement, it's hard to disagree with; Donald Trump and his administration have made life easier for miners through cutting regulation and forcing a change of attitude from the permitting authorities, on top of handing back cash through tax cuts.Read More

China's Secret Gold Supplier Is Singapore

April 05, 2018 / marketsanity.com

Since 2013 China continues to absorb physical gold from the rest of the world at a Continue...Read More

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