Key data from the Wednesday January 31 pricing session in Europe:Germanium Metal Rotterdam $/kg Key drivers: - An operation disruption at Teck's Trail Operations in January continues to drive prices higher - Production shutdowns in China's Nanjing and Yunnan provinces...Read More
Base metals prices on the London Metal Exchange are struggling to extend gains and are consolidating in high ground this morning, Thursday February 1. Copper ($7,073 per tonne), zinc, aluminium and nickel prices are off between 0.2% and 0.4%, while lead and tin prices are up by 0.2% and 0.1% respectively.Volume has been below average with 6,950 lots traded as of 07.07 am London time. This follows...Read More
China's ferrous futures had little movement during morning trading on Thursday February 1 following talk about the possible extension of steelmaking restrictions in Hebei province.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,952 yuan ($627) per tonne, down 1 yuan per tonne May hot rolled coil: 3,979 yuan per tonne, up 9 yuan per tonne Dalian Commodity Exchange Ma...Read More
http://www.cbc.ca/news/canada/saskatoon/Future of Creighton, Sask.’s main industry ‘up in the air,’ according to longtime Mayor Bruce FidlerAn agreement between the Saskatchewan and federal governments worth approximately $2 million will aim to help junior mining companies in their exploration of northern Saskatchewan and Manitoba. The agreement was signed in December 2017.The fu...Read More
China's currency appreciation and rising nickel prices fueled gains in East Asia's stainless steel market over the past week.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm cold-rolled coil was $2,250-2,300 per tonne cif East Asian ports for the week ended Wednesday January 31, up $100-150 per tonne from $2,100-2,200 per tonne cif a week earlier.Metal Bulletin's assessment of...Read More
As China's copper smelters are looking to import more blister copper, an intermediate product of refined copper production, to fill the supply gap arising from the drastic drop in the scrap import quota this year, Metal Bulletin is looking to provide regular trackers on the refining charges (RCs) of the increasingly popular product. For the first 11 months 2017, China had imported 731,339 tonnes o...Read More
Feb 01, 2018 Guest(s): Adrian Day Gold stocks are undervalued relative to physical gold, said Adrian Day, president of Adrian Day Asset Management."[Gold stocks] have lagged, not just in the last six months, but they've lagged in the last several years," Day told Kitco News on the sidelines of the Vancouver Resource Investment Conference."To me, the bigger question is less of timing and more of...Read More
Feb 02, 2018 Guest(s): Gabriel Khan Product Manager, Royal Canadian Mint It has been 30 years since the Silver Maple Leaf was first issued, and the Royal Canadian Mint has produced a special edition of the coin for its 30th anniversary. "We've paid homage to the Silver Maple Leaf and we've come up with a special design for it," said Gabriel Khan, Product Manager for the Royal Canadian Mint.Like...Read More
Russian President Vladimir Putin is scheduled to participate in the grid connection today of the country's latest reactor - unit 4 of the Rostov nuclear power plant, which is near the city of Volgodonsk. The Kremlin announced Putin's working visit to Rostov would include a video conference broadcasting the milestone at the plant.Rosatom's director-general, Alexey Likhachov (centre), at the Rostov...Read More
Topics:01:35 Trump presidency merging state and corporate powers11:25 Potential of war with North Korea and Iran19:00 The death of the petrodollar and the aftermath21:15 Cryptocurrencies and Blockchain democracy28:35 Cannabis legalization progress and insights31:15 Where to find out more from Gerald CelenteGerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. H...Read More
Click Here to Listen to the InterviewFormer Goldman Sachs, senior technical analyst, Charles Nenner of Charles Nenner Research Center, rejoins the show.As long as the Dow Jones Industrials Average maintains support above 23,000, the remarkable multi year share rally should continue.Their proprietary software yields precise price entries / exits for gold.2018 could be a spectacular year for the PMs...Read More
This week, Eric Sprott gives his take on the latest US jobs report and the impact it is having today on precious metal prices. He also discusses the latest charges of bank price manipulation in gold and silver.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's larges...Read More
In this video, Luke Rudkowski of WeAreChange gives you the latest breaking news on Donald Trump and the Deep state with an interview with the former Presidential candidate and congressman Ron Paul and Journalist Andrew Meyer. This as the president faces off against the FBI and the release of the FISA memo. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for presid...Read More
The most famous libertarian alive, Ron Paul, will not be allowed to speak at the Libertarian National Convention.Continue...Read More
By Ira EpsteinGold holds key support levels and advances nicely.https://www.iraepstein.com/ Read More
The World Gold Council published its gold market outlook for 2018. Will gold continue its January rally or should we expect declines?Continue...Read More
The Brazilian long steel market was largely stable in January, but prices are now expected rise and a government decision on whether to allow ArcelorMittal Brasil to take control of Votorantim Siderurgia's long steel assets is imminent.That transaction is currently under review by the tribunal of Brazil's competition regulator, Cade, which is composed of six commissioners and a chairman, ArcelorMi...Read More
As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in January 2018.The case list below includes only updates.(1) BRAZIL HRC(2)...Read More
Looking back to the last quarter of 2017, the average accuracy of MBR forecasts published in the Steel Market Tracker was 94% (when compared to forecasts published in the September issue). Our forecasts of European flat steel prices proved to be precise once again, with European domestic CRC and HRC prices scoring 99% and 98% accuracy respectively. Although we considered Chinese domestic rebar pri...Read More
Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.Read More