Equinox Gold will incorporate Solaris Copper to hold all of Equinox's former copper assets.Equinox Gold, which announced the change last week, is the latest company to spin out assets that are enjoying a lift due to the anticipated electric vehicle revolution.The chief assets being moved to the new company are the Warintza project in Ecuador and the La Verde project in Mexico.Equinox chairman Ross...Read More
Gold has developed a clear downside trend break away from the strong resistance level near $1,364.The downtrend may pause near $1,250, but traders will be ready for the price to dip toward support near $1,210.Daryl Guppy Published9:04PM ET Mon, 25 June 2018CNBC.com Edgar Su | ReutersGold has developed a clear downside trend break away from the strong resistance level near $1,364. Many gold trader...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell sharply on Monday and traded lower for the ninth time in 10 sessions.Boeing Co. (BA) fell 2.3% after China's premier said his government was prepared to continue talks with France linked to the purchase of Airbus SE (EADSY) aircraft.Harley-Davidson Inc. (HOG) ended down 6% afte...Read More
The Monday Market Minute Global stocks extend declines as Trump opens new fronts in trade war.Reports suggest President will target tech sector in next tariff move to thwart China investment in U.S.Asia shares tumble, Europe set for weaker open as tariff threats trim risk appetite.Oil continues to slide as OPEC decision on output adds supply, but investors question details.Wall Street futur...Read More
The latest news and price moves to start the Asian day on Tuesday June 26.Nickel prices fell by more than 3% at the close of trading on the London Metal Exchange on Monday June 25 while other base metals prices also slumped. Read more in our live futures report.Here are how prices looked at the close of trading:The London Metal Exchange will introduce three regional hot-rolled coil contracts...Read More
SHANGHAI, Jun 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index dipped overnight on risk aversion and closed at 94.3. News reports suggested that companies with 25% or more Chinese ownership may be banned from buying US businesses with “industrially significant technology”.Base metals fell across the boar...Read More
SHANGHAI, Jun 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index dipped overnight on risk aversion and closed at 94.3. News reports suggested that companies with 25% or more Chinese ownership may be banned from buying US businesses with “industrially significant technology”.Base metals fell across the boar...Read More
The latest news and price moves to start the Asian day on Tuesday June 26.Nickel prices fell by more than 3% at the close of trading on the London Metal Exchange on Monday June 25 while other base metals prices also slumped. Read more in our live futures report.Here are how prices looked at the close of trading:The London Metal Exchange will introduce three regional hot-rolled coil contracts...Read More
(TTS $5/ Media $5) Donate For Recognition: https://streamlabs.com/chaizy1*Disclaimer* Brandon Grosso is a paid actor and does not own nor have access to this channel, All rights reserved to theCHAIZYchannelBecome a Sponsor: https://www.youtube.com/user/theCHAIZ...Discord: https://discord.gg/w9p9hdReddit - https://www.reddit.com/r/theCHAIZYcha...Instagram:https://www.instagram.com/faysalkhatib/http...Read More
Gold has weakened sharply in recent weeks because of the growing optimism surrounding the world economy. There are rising concerns, however, that Trump's trade policies could ignite a global trade war, which would cause economic growth to weaken. The impact of this would be exacerbated by higher crude and fears of another crisis for the euro because of Italy's deteriorating economy.In such an envi...Read More
A key part of Trump's political platform is his push to make America great again and revitalise U.S. industry. He intends to do this by levying a broad range of tariffs and other restrictions on free trade across a swathe of imported products so that locally manufactured products can compete. This saw Trump impose trade tariffs against the European Union (EU) and China, slapping tariffs on EU stee...Read More
Despite calls from some quarters in the U.K. for a second referendum, Brexit is still happening. As of March 29, 2019, the U.K. will no longer be part of the European Union. Though the implementation of Brexit will no doubt send waves through global markets, there may be upcoming opportunities for investors in the Canadian stock market.Short term, Britain's trade with Canada might contract, but as...Read More
Base metals on the London Metal Exchange ended mostly lower at the close of trading on Tuesday June 26, weakened by volatile trade relations between the United States and other major economies. "In terms of today's action, we are down once again in the metals space, as the sector typically lands squarely in the middle of any US/Chinese trade spat, real or imagined," INTL FCStone analyst Edward Mei...Read More
Being huge, consequential and technologically advanced, China isn't normally lumped into the "emerging" category with Brazil and Argentina. To most observers they've already left the kids table and are now seated with the developed-world adults. But that might be premature. A big part of China's economic ascendance was purchased with borrowed money - including a lot of US dollars - and came at the...Read More
There have been more deals for third-quarter cif main Japanese ports (MJP) aluminium supply agreed at a premium of $132 per tonne between several buyers and more than one producers, sources involved in the quarterly negotiations said on Tuesday June 26. The number, which could become the quarterly benchmark if more than 30,000 tonnes of business are confirmed at that level, represents a 2.3% incre...Read More
Comex copper prices traded at the lowest point since March 2018 on Tuesday June 26 with threats of a growing trade war weighing on the metals complex. Copper for July settlement on the Comex division of the New York Mercantile Exchange inched down 0.40 cents or 0.1% to $2.9830 per lb. Earlier, the contract touched $2.9795, the lowest since March 26. "Copper has slipped since mid-June due to growin...Read More
Weekly Reports |Jun 26 2018Following a recent burst of activity, volatility in the uranium market has waned once more.-Volume reasonable but volatility diminished-Uncertainty persists-New age reactor completes testingBy Greg PeelVolume in the uranium spot markets was a bit lower last week than the week before but not unreasonable, with 1.3mlbs U3O8 equivalent changing hands in eight transactions,...Read More
The European charge and high carbon ferro-chrome benchmark has settled at $1.38 per lb for the third quarter of 2018. The settlement represents a reduction of 4 cents compared with the second quarter of the year. Metal Bulletin reported on June 18 that the widely-anticipated price reduction would be smaller than early estimates, due to rising spot ferro-chrome prices in Europe and China. Metal Bul...Read More
IRD Note: The average household is bloated with debt, housing prices have peaked, many public pensions are on the verge of collapse in spite of 9-years of rising stock, bond and alternative asset values. But all of this was built on a foundation of debt, fraud and corruption. Dr. Paul Craig Roberts asks, "does the Fed have another 'rabbit' to pull out its hat?...When are America's global corporat...Read More
Bob Moriarty ArchivesJun 26, 2018Investors are utterly irrational in their buying habits. Imagine for a moment if you will, an investor in a nice gold stock watches his shares drop 25%, does he buy or sell?Well, in my experience, the average investor will sell based on nothing more than the fear of losing even more. That’s irrational as hell. If you have been watching the price of new Corvet...Read More