Today, I am going to show you the foolproof method on how to buy gold stocks.Our simply system, is both easy to follow and has a historical track record that proves it consistently beats the market. Read More
The three-month lead price on the London Metal Exchange was the standout performer on Monday October 21, closing at its highest level since July 2018 and breaching $2,200 per tonne despite moderate turnover. Lead futures on the LME closed at $2,211 per tonne this afternoon, a climb of more than 1.5% against Friday's close of $2,172 per tonne, while some 2,850 lots had been traded by the close, whi...Read More
(Adds timings)By Elizabeth Piper, Kylie MacLellan and William JamesLONDON, Oct 21 (Reuters) - Prime Minister Boris Johnson willtry to drive the legislation needed to take Britain out of theEuropean Union through parliament in the next 10 days, or elsebreak his "do or die" pledge to leave on Oct. 31.On Monday, Johnson was forced to abandon his attempt to havea straight 'yes or no' vote on...Read More
Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama rose by 0.1% month on month in September 2019, according to data released by major Japanese trading house Marubeni Corp on Monday October 21. Aluminium stocks at the three ports totaled 326,700 tonnes on September 30, up 600 tonnes from the end of August, marking the fourth consecutive monthly stock incre...Read More
Estimated global primary aluminium production fell by 3.2% month on month in September 2019, according to figures published by the International Aluminium Institute (IAI) on Monday October 21. Total worldwide primary aluminium output came to an estimated 50.1 million tonnes in September compared with around 53.3 million tonnes in August 2019. Depressed production figures were reported for all prim...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Here are five Fastmarkets MB stories you might have missed on Monday October 21 that are worth another look.Brazilian apparent steel consumption was down by 6.4% in September, compared with the corresponding month in 2018, with demand retreating for both domestic and imported materials, national industry association Instituto A??o Brasil said on Thursday October 17.Estimated global primary alumini...Read More
Production at Yanfolila was up by 11% quarter on quarter and 37% year on year to 30,484oz of gold poured.Hummingbird's strong performance was helped by a rise in gold prices. Average gold prices for Q3 were US$1,422/oz, up from US$1,311/oz in Q2 and US$1,217 in Q3 2018, the company said"We are pleased to report that for the fourth quarter in a row production has increased and costs have decreased....Read More
Softening demand and ample availability caused manganese ore suppliers to cut their offer prices on Friday October 18. Many ore buyers in China held back from the market in anticipation of prices softening further in coming weeks after miners lowered their offer prices for November-delivery cargoes. This weighed heavily on high- and low-grade seaborne manganese prices and limited the volume of sal...Read More
The tungsten market remained cautiously bullish in Europe and China in the week to Friday October 18 due to lingering positive sentiment and tightening concentrate supply in China. The Chinese ammonium paratungstate export price rose by 4.3% week on week in response to continued strengthening in the Chinese market, but some market participants said they expect further uptrend momentum to be limite...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday October 18. China Key drivers The high end of the antimony, MMTA standard grade II, ddp China price range continued to rise after domestic suppliers increased their offer prices on lingering bullish sentiment. Trading activities waned after some consumers retreated from the market after completing st...Read More
BHP chief executive Andrew Mackenzie opened the meeting with remarks on safety and company culture, highlighting the company's efforts to reduce the likelihood of tailings dam failures, as well asRead More
Clive MaundThe normal and natural business cycle where periods of growth were punctuated by healthy recessions has been all but eliminated by government and Central Bank interference. The recessionary phases which saw bearmarkets and retrenchment were a part of the cycle that is essential for the maintenance of a healthy economy, because it involved the correction of excess and the elimination o...Read More
There is still a chance of Brexit by 31st October. This is the reason why cable has not crashed and gold has not zoomed. US-China trade talks will be closely watched as the month progresses. Crude oil and industrial metals will be very volatile. IMF has also said that gold and silver are hedges against inflation. After a long time, silver has been invoked as an inflation hedge. Invest in silver...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Turkish steel producers skipped the first working day of the week, with no deep-sea bookings concluded and prices steady, sources said on Monday October 21.As a result of lack of fresh trades, the daily scrap indices remained flat at the beginning of the week.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was...Read More
Turkish domestic scrap prices increased up over the past week in response to rising imported scrap values, sources said on Monday October 21.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,380-1,505 ($239-261) per tonne on Monday, up from the TRY1,300-1,430 per tonne of last week.The upturn in the assessment came following rising b...Read More
Speaking to reporters on Friday about the widely condemned withdrawal from Northeastern Syria, President Trump claimed, "We've taken control of the oil in the Middle East - the oil we're talking about. The oil everybody was worried about. We have the U.S. is in control of that."After that comment was questioned, Trump doubled down on Friday, tweeting:And then again on Sunday, Trump tweeted:Both of...Read More
Here is what's new today on INK Ultra Money.Gold vs. Bitcoin: What Can Save You? - Real Vision (Free video)Positioning for gloom and boom with ATCO - INK Research (Subscriber video, free audio)Should every portfolio have a little exposure to bitcoin? - Real Vision (Subscriber video)Continue reading for links and summaries of each episode.1. Gold vs. Bitcoin: What Can Save You? - Real VisionA spot...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index had a quiet week adding 2 points to close at 1095.72.MACD climbed 5.6 points to 0.88. RSI edged up 6% or 2.5 points to 42.9.Support remains at 1085 and 1080. Resistance is at 1100 and 1120.The INK Canadian Insider Index outpaced the SPDR S&P 500 ETF (SPY*US) which was...Read More