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Billionaire Investor Paul Singer Calls Cryptocurrencies A 'Brilliant Scam

February 20, 2018 / marketsanity.com

"Since bitcoin and its cousins are, at the core, absolutely and utterly nothing, there is no limit on bitcoin supply except the outer boundaries of human folly."Continue...Read More

Dr. Jeffrey Kern: "Gold Stocks Will Break Dec 2016 Low"

February 20, 2018 / marketsanity.com

Dr. Jeffrey M. Kern has been an academic clinical psychologist at Texas A&M University and the University of Nevada - Las Vegas since 1979, specializing in the measurement and prediction of human behavior. Continue...Read More

GULF STEEL BILLET, REBAR: Rebar prices unchanged, billet import prices up on rebar demand

February 20, 2018 / www.metalbulletin.com

Local and import rebar prices in the United Arab Emirates and Saudi Arabia remained unchanged this week while the price of billet imports into the UAE increased, sources told Metal Bulletin on Tuesday February 20.Demand for locally produced rebar in the UAE was still strong.Domestic rebarThe major rebar producers in the UAE rolled over their prices for March and April production.The country's bigg...Read More

Japan's steel demand dips in December, Q1 outlook flat

February 20, 2018 / www.metalbulletin.com

Steel demand in Japan fell in December amid a slowdown in the country's manufacturing sector, statistics released by the Japan Iron & Steel Federation (JISF) show.The country's total domestic steel consumption dropped 1.5% year on year to 3.81 million tonnes.Demand in the manufacturing sector dropped 4.6% compared with the same month in 2016 to 1.62 million tonnes due to lower steel consumption ra...Read More

Argentina's crude steel output up 18% in Jan

February 20, 2018 / www.metalbulletin.com

Crude steel output in Argentina increased 18% year on year in January, according to figures released by national steel association Acero Argentino on Tuesday February 20.Production came to 343,800 tonnes in January 2018, up from 291,300 tonnes a year before.But January's output fell 9.7% from December 2017's crude steel production of 380,080 tonnes due to maintenance work being carried out by loca...Read More

US Section 232 could put pressure on prices for scrap and Turkish steel

February 20, 2018 / www.metalbulletin.com

The Section 232 report announced by the US Commerce Secretary Wilbur Ross is expected to hit prices in Turkish steel and scrap markets if approved, according to market participants.US Commerce Secretary Wilbur Ross said President Donald Trump and his administration are considering massive across-the-board tariffs and restrictive quotas following the department's Section 232 investigation into stee...Read More

Contractors start FEED study at Stellar's Sierra Leone project

February 20, 2018 / www.miningweekly.com

JOHANNESBURG (miningweekly.com) – The front-end engineering and design (FEED) study for the underground mine development at Aim-listed Stellar Diamonds’ Tongo-Tonguma project, in Sierra Leone, is now under way.Stellar on Tuesday said a team of five consultants from contractors Paradigm Project Management (PPM) and SRK Consulting have arrived on site to start the various work streams re...Read More

Jewelers Focus on Digital at Inhorgenta

February 20, 2018 / www.diamonds.net

RAPAPORT... The digital transformation of the jewelry businesswas a major theme at Inhorgenta Munich, with jewelers speaking of the need toadapt to increased online retail sales. "One of the key challengesfaced by the industry is to win younger target groups without losing theregular clientele," said Gesa Michahelles, managing director for the Germany,Austria and Switzerland region at designer bra...Read More

Ed Karr: Inflation Is Beginning To Rear Its Ugly Head

February 20, 2018 / marketsanity.com

Mr. Karr discusses how you need to get the time the market cycles correctly. Gold is currently catching a pretty good bid, particularly with the recent dollar decline. We have seen an increase in volatility recently, and things are looking pretty good for precious metals. We could break through the 1350 level this year, and 2018 is shaping up to be an excellent year for gold.Most central banks are...Read More

Eric Peters: Systemic Risks are Mounting

February 20, 2018 / marketsanity.com

Erik Townsend welcomes Eric Peters to MacroVoices. Erik and Eric discuss if this is just a small equity market dislocation or is this bigger, the VIX complex and why the Inverse VIX products were flawed. They put context on the increasing rates, the movement of the dollar, stagflation and inflation risks. They further consider the impact of the changes of leadership at the FED and the policy tools...Read More

Section 232 recommendations favor blanket measures against imports

February 20, 2018 / www.metalbulletin.com

On Friday February 16, US Commerce Secretary Wilbur Ross revealed what recommendations were made after the Section 232 investigation was complete. Three alternative remedies were proposed: a global tariff of at least 24% on all steel imports; a tariff of at least 53% on all steel imports from 12 countries (Brazil, China, Costa Rica, Egypt, India, Malaysia, South Korea, Russia, South Africa, Thaila...Read More

DAILY SCRAP REPORT: Turkish mills slow down deep-sea purchases

February 20, 2018 / www.metalbulletin.com

The steel mills in Turkey continued their deep-sea scrap purchases on Tuesday February 20 but at a slow pace, Metal Bulletin was told.A steel producer in the Iskenderun region booked a Baltic Sea cargo, comprising 17,000 tonnes of HMS 1&2 (80:20) and 5,000 tonnes of rail at an average price of $355 per tonne cfr.The cargo was scheduled to be shipped by the second half of March, sources said.As a r...Read More

IRON ORE PRICES: Benchmark index stays above $78 per tonne cfr China

February 20, 2018 / www.metalbulletin.com

Iron ore prices remained unchanged at $78 per tonne cfr China with market participants still away for the Chinese New Year celebrations.Metal Bulletin's 62% Fe Iron Ore Index Today: $78.43 per tonne cfr Qingdao Daily change: unchanged Month-to-date average: $76.71 per tonne Metal Bulletin's...Read More

US Section 232 could put pressure on prices for scrap and Turkish steel

February 20, 2018 / www.metalbulletin.com

The Section 232 report announced by the US Commerce Secretary Wilbur Ross is expected to hit prices in Turkish steel and scrap markets if approved, according to market participants.US Commerce Secretary Wilbur Ross said President Donald Trump and his administration are considering massive across-the-board tariffs and restrictive quotas following the department's Section 232 investigation into stee...Read More

FORECAST: US aluminium import tariffs short-term bullish, long-term bearish for Asian premiums - sources

February 20, 2018 / www.metalbulletin.com

The imposition of import tariffs and/or quotas by the US government on aluminium and aluminium products could push Asian premiums up in the short term but drive them down in the long term, market participants said.US Secretary of Commerce Wilbur Ross on Friday February 16 recommended a series of tariffs and/or quotas in addition to existing duties in place on aluminium and steel imports following...Read More

GLOBAL CHROME WRAP: Charge chrome prices edge up while rest of Chinese market holds steady

February 20, 2018 / www.metalbulletin.com

Charge chrome import prices in China moved higher, South African producers raised their offers following the appreciation of the rand and prices weakened both in Europe and the United States. Charge chrome import prices edge higherOre and domestic alloy prices unchanged in ChinaPrices increase in Japan, hold in South KoreaAlloy prices dip in Europe and US Charge chrome prices edged up in China on...Read More

On the heels of JORC upgrade, ABR ramps things up at Fort Cady

February 20, 2018 / finfeed.com

Published on: Feb 20, 2018 | by finfeedAmerican Pacific Borate and Lithium (ASX:ABR) has today updated the market on its progress advancing its 100 per cent owned Fort Cady Borate and Lithium Project in Southern California, USA.Recently, ABR delivered a significantly upgraded JORC Mineral Resource Estimate for Fort Cady, increasing both tons and grade. The project resides in a highly prospective...Read More

Section 232 recommendations favor blanket measures against imports

February 20, 2018 / www.metalbulletin.com

On Friday February 16, US Commerce Secretary Wilbur Ross revealed what recommendations were made after the Section 232 investigation was complete. Three alternative remedies were proposed: a global tariff of at least 24% on all steel imports; a tariff of at least 53% on all steel imports from 12 countries (Brazil, China, Costa Rica, Egypt, India, Malaysia, South Korea, Russia, South Africa, Thaila...Read More

Section 232 recommendations favor blanket measures against imports

February 20, 2018 / www.metalbulletin.com

On Friday February 16, US Commerce Secretary Wilbur Ross revealed what recommendations were made after the Section 232 investigation was complete. Three alternative remedies were proposed: a global tariff of at least 24% on all steel imports; a tariff of at least 53% on all steel imports from 12 countries (Brazil, China, Costa Rica, Egypt, India, Malaysia, South Korea, Russia, South Africa, Thaila...Read More

Don’t Talk to Police! Legal Behavior Justified a Search

February 20, 2018 / www.thedailybell.com

It was legal to carry weed in his car when he was in Washington state.But now he was in Indiana, pulled over for a broken headlight. The cop didn’t smell anything suspicious, nor did he suspect the driver of being impaired. But he did ask some questions.And that is where the driver screwed up. It is hard in the moment. An intimidating person with a gun is interrogating you. But you have got...Read More

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