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SMM Evening Comments (Jan 9)

January 09, 2017 / news.metal.com

SHANGHAI, Jan 9 (SMM)? 1/4 ?Nonferrous metals traded higher this afternoon with zinc and nickel rising over 1%. Lead and copper were up close to 1%, while tin and aluminium edged down slightly.Ferrous metals were firm today with iron ore leading the gain with over 3% rise. Coking coal moved higher by 1.7%, while hot-rolled coil and rebar rose over 1%. Coke also traded up slightly.Copper: SHFE copp...Read More

Exclusive: China base metals output data

January 09, 2017 / news.metal.com

SHANGHAI, Jan 9 (SMM) – SMM surveys major Chinese producers in the base metals market every month to get first-hand production data. The following table shows the latest output in December and our forecast for January.CopperChina’s copper output rose in December as some large producers looked to hit their annual production target at the year-end. Qingyuan Jiangxi Copper and Shandong Hu...Read More

Data: SHFE, DCE market movement (Jan 9)

January 09, 2017 / news.metal.com

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SMM Morning Comments (Jan 9)

January 09, 2017 / news.metal.com

SHANGHAI, Jan 9 (SMM)? 1/4 ?Cooper: While LME copper sees temporary support at $7,100/mt, the SHFE copper is expected to trade downwards to 54,000 yuan/mt. However, the implementation of copper scrap policy and the expected supply tightness of concentrate would limit the down side. LME copper is expected to trade at $7,090-7,150/mt today and the SHFE 1803 contract is to trade at 54,300-54,900 yuan...Read More

Gold Mining Show MINER or BUST 2016 Gold Mining Documentary

January 09, 2017 / www.youtube.com

The real Gold Rush...Gold mining in northern British Columbia Canada chasing down placer gold in the remote woods can be a hard task and spending the last 18 years chasing the dream of one day become a full-time gold miner has been a bit of work and a whole lot of adventure. Exploring for gold is a life changing event and doing the job right for a sucssesfull gold mine and the environment isn't ea...Read More

Could NATO Try to Divide Russia Up?

January 09, 2017 / www.thedailybell.com

NATO seeks to break up Russia into small client states ... Scores of people have staged a protest in a northern German port city against the deployment and transport of NATO troops and weapons through the city. The protesters marched through the city of Bremerhaven, holding signs and banners that read, "No NATO deployment! End the militaristic march against Russia!" and "Out of NATO." -Press TVAcc...Read More

Could NATO Try to Divide Russia Up?

January 09, 2017 / www.thedailybell.com

NATO seeks to break up Russia into small client states ... Scores of people have staged a protest in a northern German port city against the deployment and transport of NATO troops and weapons through the city. The protesters marched through the city of Bremerhaven, holding signs and banners that read, "No NATO deployment! End the militaristic march against Russia!" and "Out of NATO." -Press TVAcc...Read More

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January 09, 2017 / www.youtube.com

?-??,,??",,??OE?? 1/4 ??,, NOBS??EUR ??~??"???... ?,OE?????EUR(?OEOE?,???EUR?~?)??EUR ???? ?????? 1/2 ?,,?... ??oe?,,???,, ?????? ?o??Read More

CHART: How every commodity performed in 2016

January 08, 2017 / www.mining.com

Courtesy of: Visual Capitalist2016 Commodity PerformanceIt was an up and down year for commodities, but things ultimately finished in the black.The S&P Goldman Sachs Commodity Index (GSCI) climbed 10.1% on the year - it was just enough to edge out the S&P 500, which ended 2016 with a 9.5% return.WINNERS IN 2016The biggest winners on the year were base metals and the oil and gas sector.Here's how b...Read More

Gold / Silver / Copper futures - weekly outlook: January 9 - 13

January 08, 2017 / in.investing.com

Investing.com - Gold prices fell on Friday, retreating from the previous sessions one-month highs as the dollar strengthened against a currency basket after U.S. jobs data showed a slowdown in hiring in December but a pickup in wage growth.Gold for February delivery settled down 0.73% at $1,172.65 on the Comex division of the New York Mercantile Exchange.The metal was still 1.97% higher for the we...Read More

SMM Evening Comments (Jan 8)

January 08, 2017 / news.metal.com

SHANGHAI, Jan 8 (SMM)? 1/4 ?Nonferrous metals traded lower today except for the slight rise in zinc price. While lead was stable, aluminium and copper dropped close to 1%. Nickel and tin also edged down.  Ferrous metals saw a rather strong movement today. Iron ore and coking coal rose almost 3%, while coke, hot-rolled coil and rebar rose nearly 1%.Copper: We see room for SHFE copper prices to...Read More

Data: SHFE, DCE market movement (Jan 8)

January 08, 2017 / news.metal.com

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SMM Morning Comments (Jan 8)

January 08, 2017 / news.metal.com

SHANGHAI, Jan 8 (SMM)? 1/4 ?Copper:  LME copper fell below the 10-day moving average and is expected to stay soft at $7,090-7,140/mt today with support at $7,000/mt. The SHFE 1803 copper is expected to trade at 54,300-54,800 yuan/mt. Spot prices are expected at 20 yuan/mt discount to 30 yuan/mt premiums today.Aluminium: The support of the 10-day moving averages became weaker for LME aluminium...Read More

CIA Bases Congressional Russian Hacking Report on Possibilities, Not Truth

January 08, 2017 / www.thedailybell.com

Intel report warns Moscow will try to influence elections in countries allied to US. The declassified version of the report warned that other countries were also vulnerable to attack. – IndependentIntelligence in the US is becoming even more emphatic about the Russian threat to elections, claiming that Russians will start to disrupt the elections of other countries like they are disrupting...Read More

Goldfinger - Hang-Ups (Full)

January 08, 2017 / www.youtube.com

Album released on CD and cassette in 1997 through Mojo Records, Jive Records and Columbia House and on vinyl in 2015 through Sony Music and SRC Vinyl.1. Superman (0:00)2. My Head (3:06)3. If Only (6:10)4. The Lonely Place (8:35)5. 20 ? Goodbye (11:55)6. Question (13:53)7. Disorder (16:50)8. Carlita (20:04)9. Too Late (23:21)10. I Need To Know (25:41)11. Authority (28:35)12. S.M.P. (31:16)13. The L...Read More

CIA Bases Congressional Russian Hacking Report on Possibilities, Not Truth

January 08, 2017 / www.thedailybell.com

Intel report warns Moscow will try to influence elections in countries allied to US. The declassified version of the report warned that other countries were also vulnerable to attack. – IndependentIntelligence in the US is becoming even more emphatic about the Russian threat to elections, claiming that Russians will start to disrupt the elections of other countries like they are disrupting...Read More

Toni Erdmann

January 08, 2017 / www.youtube.com

Winfried doesn't see much of his daughter Ines and decides to surprise her with a visit. It's an awkward move because Ines has a responsible position as a corporate strategist in Bucharest. Winfried is a practical joker and his little jabs at his daughter's lifestyle make things even worse. Father and daughter reach an impasse, and Winfried agrees to return home to Germany. Enter flashy "Toni Erdm...Read More

Bank of England’s Andrew Haldane Admits Economic Forecasting Errors

January 07, 2017 / www.thedailybell.com

Chief economist of Bank of England admits errors in Brexit forecasting … Andrew Haldane says his profession must adapt to regain the trust of the public, claiming narrow models ignored 'irrational behaviour.' The Bank of England's chief economist has admitted his profession is in crisis having failed to foresee the 2008 financial crash and having misjudged the impact of the Brexit vote. -G...Read More

President Obama Is No Military Marvel

January 07, 2017 / www.thedailybell.com

Obama awarded Pentagon’s medal for distinguished public service Sarah Palin criticized the decision, saying “this is what happens when you grow up thinking every kid gets a trophy.” -Washington PostPresident Barrack Obama recently received a medal from the Department of Defence. The medal for Distinguished Public Service was awarded by Defense Secretary Ashton Carter.The award wa...Read More

Bank of England’s Andrew Haldane Admits Economic Forecasting Errors

January 07, 2017 / www.thedailybell.com

Chief economist of Bank of England admits errors in Brexit forecasting … Andrew Haldane says his profession must adapt to regain the trust of the public, claiming narrow models ignored 'irrational behaviour.' The Bank of England's chief economist has admitted his profession is in crisis having failed to foresee the 2008 financial crash and having misjudged the impact of the Brexit vote. -G...Read More

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