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GLOBAL MARKETS-World stock markets edge higher as U.S.-China trade tariffs kick in

July 07, 2018 / in.investing.com

(Updates with early afternoon trading)By David RandallNEW YORK, July 6 (Reuters) - World stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the United States and China on billions of dollars of trade became a reality, though concerns about the conflict escalating capped the appetite for risk.MSCI's measure of world equities markets .MIWD00000PUS rose...Read More

Gold Remains Lower After Jobs Report

July 07, 2018 / in.investing.com

Investing.com - Gold prices remained lower on Friday as the U.S. dollar weakened and U.S. trade tariffs against China went into effect.Comex gold futures for August delivery decreased 0.16% to $1,256.80 a troy ounce as of 10:24 AM ET (14:24 GMT).Trade conflict between the two biggest economies in the world began in force on Friday, when U.S. tariffs on $34 billion worth of Chinese goods went into...Read More

GLOBAL MARKETS-Stocks, euro survive first battle of U.S.-China trade war

July 07, 2018 / in.investing.com

* World stocks up 0.2 pct, China shares rise* Tariffs on Chinese goods kick in, Beijing retaliates* Economic barometer copper falls* Market volatility falls even as uncertainty risesBy Saikat ChatterjeeLONDON, July 6 (Reuters) - Stocks rose and the euro climbed to a three-week peak as the imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by ma...Read More

Metal Markets Are Preparing for a New World Disorder

July 07, 2018 / in.investing.com

(Bloomberg) -- Donald Trump’s attempts to re-balance global trade have already sent the metals world into a tizzy. As countries respond to U.S. tariffs and sanctions, the disarray is set to increase.Steel prices and aluminum premiums are shooting up in the U.S. thanks to tariffs, threatening to wreak havoc on manufacturers. Everywhere else metal prices are on a roller-coaster ride, with copp...Read More

Gold Falls as Trade Tariffs Begin

July 07, 2018 / in.investing.com

Investing.com - Gold prices were lower on Friday as the U.S. dollar weakened and U.S. trade tariffs against China went into effect.Comex gold futures for August delivery decreased 0.21% to $1,256.20 a troy ounce as of 6:06 AM ET (10:06 GMT).U.S. tariffs on $34 billion worth of Chinese goods went into effect at 12:01 AM ET (04:01 GMT) on Friday, with additional tariffs on another $16 billion expect...Read More

GLOBAL MARKETS-Stocks, euro rise as shots fired in U.S.-China trade war

July 07, 2018 / in.investing.com

* World stocks up 0.2 pct, China shares rise* Tariffs on Chinese goods kick in, Beijing retaliates* Economic barometer copper falls* U.S. crude price stick upBy Saikat ChatterjeeLONDON, July 6 (Reuters) - The imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday with stocks edging higher and the euro climbing a three-week peak...Read More

UPDATE 2-Shanghai steel firm as China capacity cuts outweigh tariff woes

July 07, 2018 / in.investing.com

* U.S. tariffs on $34 bln of imported Chinese goods begin* China says will take action to respond to U.S. tariffs* Spot iron ore at lowest level in over three months (Updates prices)By Manolo Serapio JrMANILA, July 6 (Reuters) - Chinese steel prices recovered from early losses to trade firmer on Friday as Beijing's efforts to cut production capacity as part of its pollution fight have countered co...Read More

GLOBAL MARKETS-China leads rebound by Asia shares as U.S. tariffs kick in

July 07, 2018 / in.investing.com

* MSCI Asia ex-Japan index up 0.4 pct, Nikkei gains 1.1 pct* Shanghai shares fall near 2016 low, then recover sharply* Tariffs on $34 bln of Chinese imports to U.S. now in effect* European markets seen opening 0.5-0.6 pct higher* Copper extends losses on worries about global growthBy Andrew Galbraith and Hideyuki SanoSHANGHAI/TOKYO, July 6 (Reuters) - Asian stocks bounced back from 9-month lows in...Read More

UPDATE 1-UK Stocks-Factors to watch on July 6

July 07, 2018 / in.investing.com

(Adds company news items and futures)July 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 26 points higher at 7,630 on Friday, according to financial bookmakers, with futures FFIc1 up 0.44 percent ahead of the cash market open.* ROLLS-ROYCE: Rolls-Royce Holdings RR.L said it would sell its loss-making commercial marine business to Kongsberg Gruppen ASA KOG.OL for an enterprise value...Read More

UK Stocks-Factors to watch on July 6

July 07, 2018 / in.investing.com

July 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 26 points higher at 7,630 on Friday, according to financial bookmakers.* BHP BILLITON: Negotiations between workers and BHP Billiton Plc BLT.L at the Escondida copper mine in Chile, the world's largest, are "far from reaching agreement" with less than three weeks to go before the negotiation deadline, a union official told Reuters o...Read More

GLOBAL MARKETS-Asian stocks shaky as Sino-U.S. trade war begins

July 07, 2018 / in.investing.com

* MSCI Asia ex-Japan index down 0.1 pct, Nikkei up 1.1 pct* Shanghai shares fall to near 2016 low, then recover* Tariffs on $34 bln of Chinese imports to U.S. now in effect* Copper extends losses on worries about global growthBy Andrew Galbraith and Hideyuki SanoSHANGHAI/TOKYO, July 6 (Reuters) - Asian stocks wobbled on Friday, as Washington slapped tariffs on Chinese imports, a move many investor...Read More

FI Fighter’s Truisms

July 07, 2018 / fifighter.com

for kicks, I’m going to spit out some early FI/investing “truisms” over the next wk many ppl prob think they know, really don’t, keep falling for and getting duped by. let’s see how many subs I lose! ??~?- FI Fighter (@FI_Fighter) July 7, 2018Truism #1: just b/c u have a lot of money and achieved early FI doesn’t mean u know shit about investing. Being popular a...Read More

Neometals Ltd (ASX: NMT, OTC: RDRUY): Aim to Create the Most Sustainable Highest-Margin Lithium Business, Interview with Mike Tamlin, COO

July 07, 2018 / www.metalsnews.com

Neometals Limited ("Neometals" - ASX:NMT) is a developer of industrial mineral and advanced materials projects. Neometals has two key divisions - a fully integrated Lithium business and a Titanium-Vanadium development business. Both are supported by proprietary technologies that assist downstream integration through revenue enhancement and cost efficiencies. Neometals owns a 13.8% stake in the Mt...Read More

Trouble in Paradise

July 07, 2018 / www.acting-man.com

Impressive Zeal for Faded IdealsUncompromising independence, rugged individualism, and limitless personal freedom were once essential to the American character. According to popular American folklore, they still are. We have some reservations. Rugged individualists suffer mid-life identity crisis. [PT] The principles that gave rise to the American character died long ago. Freedom. Libert...Read More

The Trump Economy Is Great For Businesses But Can It Save America? Charles Ortel Explains

July 07, 2018 / marketsanity.com

TOPICS IN THIS INTERVIEW:01:15 Assessing the economy and the potential for a recession10:15 An economy running on an artificial stimulus17:55 Is there a rise of socialism through artificial intelligence?25:05 Maximizing your wealth and business for the second half of 2018Charles Ortel is a successful value investor, accounting expert and Clinton Foundation investigator.Read More

North Korea says talks with Pompeo 'regrettable'

July 07, 2018 / marketsanity.com

North Korea says the conclusion of the follow-up talks was "very concerning" and could lead to a "dangerous phase that might rattle our willingness for denuclearization that had been firm."Continue...Read More

Rick Rule on Investing in Natural Resources

July 07, 2018 / www.theaureport.com

Rick Rule, CEO of Sprott U.S. Holdings, speaks with Maurice Jackson of Proven and Probable about investing in precious and base metals, energy, agriculture and water. Maurice Jackson: Today, we will have a discussion regarding the value propositions you may be overlooking for your natural resource portfolio. Joining us for our conversation is legendary Rick Rule of Sprott Global Resource Investme...Read More

Goldcorp Makes Strategic Investment in Gold Explorer

July 07, 2018 / www.theaureport.com

Proceeds will fund exploration drilling at U.S. sites. Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) recently announced the arrangement of a non-brokered private placement to raise CA$4,415,605. The placement will consist of 12,616,014 shares of Allegiant at a price of CA$0.35 per common share.In addition, Goldcorp Inc. is making a strategic investment in Allegiant to purchase 5,923,819 Allegiant...Read More

Mineralization at Brazil Project Likely Larger than Envisaged

July 07, 2018 / www.theaureport.com

Auger drill results better define target trends and support that notion. Cabral Gold Project MapCabral Gold Inc. (CBR:TSX.V; CBGZF:OTC.MKTS) announced that ongoing auger drilling and pitting on the Central/Pau de Merenda target of the Cuiu Cuiu project in Brazil initially showed "highly anomalous results in both gold counts and geochemical analyses," according to the news release. Pau de Merenda...Read More

Gold Price Selling Exhausting / Commodities / Gold and Silver 2018

July 07, 2018 / www.marketoracle.co.uk

Gold has been afflictedby relentless selling over the past few weeks or so, forcing it to majorlows.  While summer-doldrums weakness istypical, gold’s recent drop is on the large side even for this time of year.  It was fueled by truly-extreme short sellingby gold-futures speculators, which is quickly exhausting.  That is paving the way for gold’s majorautumn rally to st...Read More

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