Direction of global stock markets will be the key to industrial metal prices and silver. Gold if it does not rise will see more correction. Crude oil will remain unaffected by any news on very strong short term fundamentals. Physical demand of copper, silver, nickel and zinc will be the key. The next three days are very crucial for copper, zinc and nickel. If they fall, they will sink and move i...Read More
Brazilian iron ore pellet producer Samarco has reached a final agreement with Brazilian authorities and its shareholders - Vale and BHP - to settle legal action that resulted from a tailings dam disaster in 2015. The agreement was signed by Samarco, Vale, BHP, and the Brazilian prosecution offices of the federal government and the states of Minas Gerais and Esp?-rito Santo, as well as other govern...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
China's ferrous futures tumbled in the first hour of trading on Tuesday June 26 but went on to recover most of those losses before the end of the morning session. Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,681 yuan ($563) per tonne, down 9 yuan per tonne October hot-rolled coil: 3,812 yuan per tonne, down 9 yuan per tonne Dalian Commodity Exchange September...Read More
Don't lose your cryptos...guard them like precious metals!!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked clo...Read More
Lior Gantz run wealthresearchgroup.com. He's bullish on three impressive stocks. They hold the potential for large gains ahead. Two of them are currently paying dividends. And they're all trading at low valuations when considering the returns. Lior doesn't see large returns ahead for precious metals or cryptos, but believes they will shine again. It's just a matter of time. Lior Gantz has been ca...Read More
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.Read More
"I didn't see why it was necessary to fire her," Seinfeld said in an interview with ET Online. Seinfeld believes the executives may have overrated Continue...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'veContinue...Read More
China's domestic rebar prices picked up more downward momentum on Tuesday June 26 amid a continual decline in the futures market. Domestic Eastern China (Shanghai): 3,960-4,000 yuan ($606-612) per tonne, down 70 yuan per tonne Northern China (Beijing): 3,850-3,900 yuan per tonne, down 20 yuan per tonne Rebar futures have been trending downward since last Thursday, which weighed on sentiment in the...Read More
Farmers in the United States are now killing themselves at a higher rate than any other group. Data shows that the suicide rate in the fields of Continue...Read More
The Court's decision was the latest example of a newly invigorated conservative majority defeating the liberal agendaContinue...Read More
Thin trading due to weak demand in Southeast Asia kept steel billet and slab import prices unchanged across the region, including East Asia, over the past week.BilletMetal Bulletin's assessment of import prices for billet in Southeast Asia was $545-550 per tonne cfr for the week ended Monday June 25, unchanged from a week earlier.Billet from the Commonwealth of Independent States (CIS) was heard b...Read More
A California federal court dismissed climate change lawsuits against major oil corporations put forth by the governments of San Francisco and Oakland Continue...Read More
The CEO of Millrock Resources, Gregory Beischer, speaks with Maurice Jackson of Proven and Probable about the many projects his company is exploring.Maurice Jackson: Today we will highlight a company that has established itself as a premier project generator, Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX). Joining us today is Gregory Beischer, the president, CEO and director of Millrock Resource...Read More
A Haywood Securities note described this company's recently announced corporate strategy, which includes spinning out its copper assets. In a June 21 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) intends to spin out its copper assets, three of which have upside potential, into a new corporation called Solaris Copper Inc. "Our valuation for...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
Prices for vanadium pentoxide (V2O5) jumped in China and Europe in the week ended Friday June 22, buoyed by tight supply in the spot market, while US ferro-vanadium quotations stabilized though low availability persists there. China's vanadium export prices jump on domestic tightnessEuropean vanadium market moved higher owing to tight spot cargoes US ferro-vanadium market largely was stable,...Read More
Ferro-chrome prices are rising in China amid domestic smelters shutdowns and South African supply concerns. Domestic ferro-chrome production shutdowns push up alloy prices in China South African charge chrome prices jump Ore prices continue to edge higher No impact from China tightness on Japan, South Korea European prices hold at 2018 high Imported ferro-chrome prices kept rising in China on Frid...Read More
The US Equities markets rotated over 1.35% lower on Monday, June 25, after a very eventful weekend full of news and global political concerns. Much of this fear results from unknowns resulting from Europe, Asia, China, Mexico and the US. Currently, there are so many “contagion factors” at play, we don’t know how all of it will eventually play out in the long run.Europ...Read More