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Crypto Audioblog #18, w/Andy Hoffman - Bitcoin, Altcoins, Fiat Currency, and Sound Money

April 04, 2018 / marketsanity.com

In today's Crypto Audioblog, Andy Hoffman of CryptoGoldCentral.com and the World Crypto Network discusses the reason for Bitcoin's existence; the difference between Bitcoin and Altcoins; and his personal philosophy and crypto investment strategy.Andrew ("Andy") Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy's daily thoughts on cryptocurrencies and preci...Read More

The Battle Rages On With Gold & Silver Getting The Upper Hand On The Cartel

April 04, 2018 / www.silverdoctors.com

SD Midweek: There's wild swings in many markets, and the week has so far been hard fought, but gold & silver have the upper hand. Here's an update...On Monday I said every inch on the charts would be hard fought this week.Check out the gold to silver ratio:Wow those gyrations.We've gone from over 83 to 79 and back up to above 82.I would like to clarify my "hard fought" statement like this:The acti...Read More

Is Bitcoin Substitute for Gold?

April 04, 2018 / news.goldseek.com

John Maynard Keynes once famously called gold the "barbarous relic". The emergence of the cryptocurrencies seems to validate that thesis. Will gold survive in the digital era? Bitcoin as Digital GoldLet's face it. Bitcoin and gold are similar. Both assets are rare and their supply is limited (it cannot be increase at will by politicians or central bankers). Actually, Bitcoin was conceived as th...Read More

China announces VAT cut on all imported goods [UPDATED]

April 04, 2018 / www.metalbulletin.com

China will cut value-added tax (VAT) on all imported goods by 1 percentage point, 5.9%, effective from May 1, the Finance Ministry and State Administration of Taxation said in a filing late on Wednesday April 4. China currently applies two VAT rates for different products; 17% for almost all products and 11% for some products, including agriculture. The rates will be...Read More

Wine, Beer, Oreo's & More Are Contaminated With Dangerous Monsanto Chemicals

April 04, 2018 / marketsanity.com

On this episode of America's Lawyer, Mike Papantonio and Carol Moore talk about an investigation that found hazardous chemicals in regularly consumed foods and drinks in America. Anya Parampil then details how the Corona beer producer is aiming to take the water rights of Mexicali residents. Then Mollye Barrows talks about how the IRS won its case to review thousands of accounts from the digital b...Read More

Macro Roundup (Apr 4)

April 04, 2018 / news.metal.com

SHANGHAI, Apr 4 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar inched up and stood firmly above 90 as US stocks rebounded and as the euro edged down.SHFE metals fell across the board, except for copper and nickel, with zinc down close to 1%. Most LME metals gained, with nickel up close to 1%. LME copper touc...Read More

The 6 Fastest Growing Countries in Emerging Europe

April 04, 2018 / news.goldseek.com

By Frank HolmesWith volatility returning to domestic equities, it might be time for investors to consider increasing their exposure to foreign markets, specifically emerging Europe. As I shared with you in January, emerging Europe countries, as measured by the MSCI EM Europe 10/40 Index, finished last year up more than 20 percent, and so far in 2018 they've returned 1.17 percent, compared to the...Read More

DAILY SCRAP REPORT: Turkish mills book more deep-sea scrap at prices stable

April 04, 2018 / www.metalbulletin.com

Turkish steel producers started their May bookings with mostly steady prices on Wednesday April 4.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 19,000 tonnes of HMS 1&2 (80:20) at $356 per tonne, 9,000 tonnes of HMS 1&2 (90:10) and 5,000 tonnes of shredded at $361 per tonne, and 5,000...Read More

Camino Starts Step Out Drilling at Los Chapitos and Files NI 43-101 Technical Report

April 04, 2018 / news.goldseek.com

TSX Venture Symbol: COR OTCQB Symbol: CAMZF Frankfurt Symbol: XC01VANCOUVER , April 4, 2018 /CNW/ - Camino Minerals Corp. ("Camino" or the "Company") (COR:TSX-V) is pleased to announce it has completed and filed on SEDAR an updated NI 43-101 Technical Report ("the Report") for its Los Chapitos project ("Chapitos"), located in southern Peru . The Report was authored by Mr. David Burga , P.Geo. w...Read More

Martin Luther King Jr. Anniversary: Reminds Us Of Costs Of War To Society and Financial System

April 04, 2018 / news.goldseek.com

- Civil rights leader Martin Luther King Jr. assassinated 50 years ago today- An anti-war campaigner, protesting against the damage inflicted by military operations- King was almost prophetic in his vision that wars would drive a bigger wedge between rich and poor- Foresaw the damage that would come to US in terms of costs to society and the economy- Fifty years on Western nations can learn from...Read More

IRON ORE DAILY: Seaborne market dips further ahead of Chinese holiday

April 04, 2018 / www.metalbulletin.com

The seaborne iron ore market softened further on Wednesday April 4 amid falling steel prices in China, with premiums for index-linked cargoes of Pilbara Blend fines remaining subdued. Metal Bulletin 62% Fe Iron Ore Index: $63.57 per tonne cfr Qingdao, down by $0.19 per tonneMetal Bulletin 58% Fe Premium Index: $51.79 per tonne cfr Qingdao, down by $0.30 per tonneMetal Bulletin 65% Fe Iron Ore Inde...Read More

Will Trump's Tariffs Affect Gold? - Peter Hug

April 04, 2018 / marketsanity.com

Investors no longer believe that President Donald Trump's proposed tariffs will be detrimental to markets, this according to Peter Hug, Director of Global Trading at Kitco Metals."The market has basically reversed about 50% of the gains [in gold] since that announcement on the Chinese tariffs, [investors] believe that Trump's bark is worse than his bite, and they don't think it's as serious," Hug...Read More

Notice: Qingming holiday schedule

April 04, 2018 / news.metal.com

SMM offices will be closed from Thursday April 5 to Friday April 6 for the Qingming Festival holiday. There will be no news publication during this period. For queries, please contact Daisy Tseng at daisy@smm.cn  Read More

Mandalay's Costerfield shows depth potential

April 04, 2018 / www.mining-journal.com

Results from the newly named Youle vein included 0.58m at 272.1g/t gold and 13.3% antimony; 3.5m at 14.7g/t gold and 10.9% antimony; 0.37m at 120.9g/t gold and 11.1% antimony; 0.57m at 59.8g/t gold and 3.2% antimony; 0.18m at 16.2g/t gold and 55.8% antimony; and 0.15m at 76.4g/t gold and 33.3% antimony.Read More

What You Should Know About The Gold-Silver Ratio - Tom Cloud

April 04, 2018 / marketsanity.com

In today's video, Tom Cloud shares with viewers what they should know about the gold-silver ratio. Tom Cloud is a veteran precious metals advisor, serving clients around the world since 1977. Get Tom's powerful monetary insights and precious metals analysis every week on Follow the Money Radio with Jerry Robinson.Read More

China AM: Ferrous futures rise while trade war with US continues

April 04, 2018 / www.metalbulletin.com

China's ferrous futures apart from iron ore rose during the morning trading session on Wednesday April 4 amid a proposal to increase import duties on Chinese steel products by the United States.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,367 ($535) per tonne, up 23 yuan per tonne May hot-rolled coil: 3,737 yuan per tonne, up 39 yuan per tonne Dalian Commodit...Read More

SMM Evening Comments (Apr 4)

April 04, 2018 / news.metal.com

SHANGHAI, Apr 4 (SMM) – Nonferrous metals traded weakly on Wednesday April 4 as zinc led losses with a drop over 1.1%. Lead lost almost 0.7%, aluminium fell nearly 0.3%, and nickel, copper, and tin edged down.The ferrous complex saw wider drops than nonferrous metals as iron ore slumped some 4.2%. Rebar dipped over 1.1%, and hot-rolled coil slid nearly 1%. Coke and coking coal inched up over...Read More

California claims new discovery

April 04, 2018 / www.mining-journal.com

The fourth set of assays from drilling at the zone contained the highest grades to date and among the highest grades from the entire property, president and CEO Vishal Gupta said.Read More

Iranian export billet, slab prices drop on downtrend in global market

April 04, 2018 / www.metalbulletin.com

Iranian exporters of semi-finished steel products came back to the market after the Persian new year holiday late last month with price reductions that followed the trend in the wider global markets.Metal Bulletin's weekly price assessment for Iranian billet exports decreased to $500-515 per tonne fob on Wednesday April 4, from the previous range of $515-530 per tonne fob.Local producers Khouzesta...Read More

Snapshot: Copper spot market in Shanghai

April 04, 2018 / news.metal.com

SHANGHAI, Apr 4 (SMM) – Transactions cooled in the spot market for copper in Shanghai on Wednesday April 4 as premiums were offered at 30-70 yuan/mt against the SHFE 1804 contract. This compared with a premium of 30-100 yuan/mt on Tuesday April 3.Cargo holders made lower offers to cash in on the last trading day ahead of the Qingming Festival holiday, while traders bought on lower...Read More

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