Turkish steel producers went quiet again on Wednesday January 31 but still expected to book more cargoes for March, according to sources.Market participants expected the Turkish buyers to show some buying interest through to the end of the week."The Turks need to buy more scrap for March. I think they will be back in the...Read More
Commodities fund Tiberius is seeking to underpin a new world of digital currency transactions with a bullish future for industrial and precious metals, by launching a physical metals-backed cryptocurrency called Tiberius Coin.The fund, based in Zug in Switzerland, has more than $300 million of assets under management. In March, it will allow initial investment in the currency ahead of an ICO, or I...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Solstice Gold (TSXV: DVI) Raises $8.37 Million as Dunnedin Completes Spin Out of Gold Assets at Kahuna Project Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Dunnedin Ventures Inc. (TSXV: DVI) (the "Company") to...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Tudor Gold (TSXV: TUD) (FSE: TUC) Reports 94.5m of 0.75 g/t Gold at Treaty Creek, Including 76.5m of 0.86 g/t Gold Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Com...Read More
Comex copper prices bounced back on Wednesday January 31 after a multi-session downturn with a softening dollar lifting the metals complex. Copper for March settlement on the Comex division of the New York Mercantile Exchange gained 2.90 cents or 0.9% to $3.2180 per lb. The contract had been on a four-day losing streak. "Judging by the limited pullback and decent dip-buying interest, bulls are sti...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Scandium International Mining (TSX: SCY) Signs Letter of Intent with Granges AB to Test Scandium Alloys in Heat Exchanger Applications Reno, Nevada - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Scandium International Mining Corp. (TSX: SC...Read More
Unprecedented Extremes in Overbought ReadingsReaders may recall our recent articles on the blow-off move in the stock market, entitled Punch-Drunk Investors and Extinct Bears (see Part 1 & Part 2 for the details). Bears remained firmly extinct as of last week - in fact, some of the sentiment indicators we are keeping tabs on have become even more stretched, as incredible as that may sound. For ins...Read More
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Wednesday January 31, the exceptions being aluminium (-0.3%) and lead that is little changed, while the rest of the complex is up by an average of 0.6% - ranged between tin (0.4%) and nickel (0.7%), with copper prices up by 0.5% at $7,117 per tonne. Volume has been average with 8,535 lots traded as of 07.08...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vendetta (TSXV: VTT) Reports Shallow High Grade Drilling Results from Surface at the Pegmont #Lead-Zinc Project Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vendetta Mining Corp. (TSXV: VTT) (the "Company")is...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Millennial Lithium (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) Announces Positive Preliminary Economic Assessment Results with Strong Upside Potential for Its Pastos Grandes Project, ArgentinaUS$ 824 million after-tax NPV at 8% discount rate and IRR of 23.4% for 2...Read More
Domestic prices for heavy steel plate in Europe are expected to rise following the positive trend settled in the region's market for steel coil products, sources told Metal Bulletin on Wednesday January 31.High slab costs are also expected to support higher plate prices, especially in Southern European, where the majority of plate produced by re-rollers, according to market source.Metal Bulletin's...Read More
CloseGain/LossGold $1345.70+$8.90Silver$17.33+$0.22XAU87.66+1.27%HUI196.44+1.24%GDM663.10+1.04%JSE Gold1245.08+5.68USD89.10-0.13Euro124.13+0.16Yen91.70-0.27Oil$64.73+$0.2310-Year2.720%-0.004T-Bond147.78125+0.40625Dow26149.39+0.28%Nasdaq7411.48+0.12%S&P2823.81+0.05% The Metals: Gold gained $8.30 to $1345.10 by midmorning in New York before it dropped back to $1334.10 after this afternoon's...Read More
By Ira EpsteinGold holds key support at 18-Day Moving Average of Closes.https://www.iraepstein.com/ Read More
Domestic prices for cold-rolled coil (CRC) increased in the European Union this week, in line with a general upturn in sentiment in the region, sources told Metal Bulletin.Domestic prices for cold-rolled coil (CRC) increased in the European Union this week, in line with a general upturn in sentiment in the region, sources told Metal Bulletin.Prices for domestic hot-rolled coil (HRC) have incr...Read More
TOPICS IN THIS INTERVIEW:01:50 Is this Gold's big breakout?06:40 Bitcoin's dominance against speculative digital assets14:20 Money attracting talent and innovation17:15 Digital tokens for the stock market 2.020:10 Outlook for Bitcoin and the Blockchain spaceAndrew ("Andy") Hoffman, CFA joined Miles Franklin, one of America's oldest, largest bullion dealers, in October 2011 and serves as Marketing...Read More
By Dave KranzlerSometimes I wonder if the Fed is just toying with the financial media and economic analysts. The Fed's constant threat to raise rates and unwind its balance sheet seems to be taken seriously by most commentators. Even the few analysts I respect, like David Stockman, include the assumption the Fed will reduce its balance sheet by a few hundred billion per year.And yet, nearl...Read More
High prices for steel slabs from the CIS region and Brazil are unlikely to cause further price increases in the Turkish coil and Italian heavy plate markets, according to market sources.The increase in slab costs was supported by reduced availability of the material, and has already been reflected in finished steel product prices in two main outlet markets - Turkey and the European Union. Further...Read More
We come to a point in every boom where you know it's time to exit the merry-go-round. That's when people start saying this time is different. Looks like we're getting there now. Euphoria seems to be breaking out all over the place. But it can't and won't last. This time is going to be much much worse!Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Par...Read More