Metal Bulletin has launched two assessments to track spot and annual refining charges (RC) for blister copper imported to China following a month-long consultation. Blister copper, an intermediate copper product used by smelters for refined copper production, is known as one of the first options for scrap replacement. Import volumes of the increasingly popular blister copper, together with anodes,...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Generic Gold Corp. (GGC); @CSE_News February 28, 2018 (Investorideas.com Newswire) The common shares of Generic Gold Corp. have been approved for listing on the CSE.Listing and disclosure documents will be available at www.thecse.com on th...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cruz Cobalt (TSXV: CUZ) (OTC Pink: BKTPF) Initiates Drill Permit Process for Idaho Cobalt Prospect Vancouver, British Columbia - February 28, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8) is...Read More
Via Sovereignman.comWe've all seen the headlines: the cost of university education in the United States has become completely debilitating. And student debt keeps rising to record high levels.It's almost commonplace now for a 22-year old to graduate from university with $50,000+ in student debt.According to data from the Federal Reserve, the total amount of student debt in the United States is now...Read More
The Turkish steel mills stayed back from the scrap markets on Wednesday February 28, booking no deep-sea cargoes, but they are expected to secure more transactions for April, Metal Bulletin was told.Scrap prices were also expected to increase further, amid strong demand from the country's steel producers."I hear that a number of mills are looking for material for April now. I think we will continu...Read More
Via Soveriegnman.comEarlier this month, the United States government released its annual financial report for the year 2017.This is something the government does every year, similar to how large companies like Apple, or Warren Buffett's Berkshire Hathaway, publish their own annual reports.Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US...Read More
CloseGain/LossGold $1317.60-$1.00Silver$16.39-$0.03XAU78.27-0.89%HUI171.87-0.69%GDM597.17-1.04%JSE Gold1068.95-14.91USD90.63+0.23Euro122.00-0.33Yen93.83+0.56Oil$61.64-$1.3710-Year2.862%-0.039T-Bond144.50+0.9375Dow25029.20-1.50%Nasdaq7273.01-0.78%S&P2713.83-1.11% The Metals: Gold chopped in a relatively tight range of $1322.40 to $1316.00 and ended with a loss of just 0.08%. Silver rose to...Read More
Comex copper prices softened in the US morning on Wednesday February 28, with a stronger dollar and lower-than-expected Chinese data weighing on the base metals complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 3.10 cents or 1% to $3.1555 per lb. Earlier, the contract touched $3.1525, the lowest since February 13. Earlier this morning, China's manufa...Read More
Jordan Roy-Byrne of TheDailyGold.com shares why he thinks a drop in the gold stocks to the December 2016 low would be good for the sector.Read More
By Jordan Roy-Byrne CMT, MFTA Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has bene...Read More
Base metals traded on the London Metal Exchange are mainly weaker this morning, Wednesday February 28, with prices off by an average of 0.4%.Lead prices lead the decline with a 1% drop, followed by copper prices (-0.6%) at $6,989 per tonne. Tin, zinc and nickel prices are off between 0.2% and 0.4%, while aluminium prices are little changed.This follows a day of general weakness on Tuesday that saw...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
By Daniel R. Amerman, CFAThe United States national debt is currently about $20 trillion, and the federal government is paying some of the lowest interest rates in history on that debt. The Federal Reserve has raised interest rates five times now, and is publicly considering another seven increases between 2018 and 2020, for a total increase of 3%. What will be the impact on the national debt an...Read More
Here I will discuss physical gold reality as well as current gold supply and gold demand factors today. Let's begin with the gold's supply chain. Not just from the ground, and no gold is not a mere entry into a bookkeeping ledger or a digital liability. Physical gold is born from the most violent phenomenon we human beings have ever witnessed... exploding stars. Scientifically explained plane...Read More
Alasdair Macleod speaks to questions about when he thinks the next credit crisis will occur and the logic behind his view.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
The Money Bubble is inflating at different speeds in different places. But apparently no culture is immune: Household Debt Sees Quiet Boom Across the Globe(Wall Street Journal) - A decade after the global financial crisis, household debts are considered by many to be a problem of the past after having come down in the U.S., U.K. and many parts of the euro area.But in some corners of the globe in...Read More
By Gary SavageGold's daily cycle is becoming left translated as the US Dollar now appears to have formed an intermediate cycle low. This has significant implications for how gold is likely to perform over the next several weeks.https://blog.smartmoneytrackerpremium.com/ Read More
Domestic prices for cold-rolled coil (CRC) in the EU have been largely unchanged over the past week, although import prices have inched upward, sources told Metal Bulletin on Wednesday February 28."The market is more or less quiet, because buyers have booked their required volumes. Non-EU suppliers have increased their offers so imports are not having any negative effect on prices," a German trade...Read More
Taxes are often your biggest expense, unless you educate yourself. The historic new tax code means a whole new round of financial education is required. In this episode, Robert and Kim talk to their tax advisor, Tom Wheelwright, and tax law specialist Ed McCaffery. Find out how the new tax code impacts you, and what changes you must make to legally pay fewer taxes.Robert Kiyosaki is best known as...Read More