Recent News

SMM Evening Comments (Jan 24)

January 24, 2017 / news.metal.com

SHANGHAI, Jan 24 (SMM)? 1/4 ?Nonferrous metals futures traded lower this afternoon, only nickel and tin edging up slightly. Copper led the loss among base metals with a 1.7% drop, while zinc lost 1%. Aluminium and lead slightly dropped.The ferrous complex saw mixed trading today. While iron ore dropped 1%, coking coal, hot-rolled coil and rebar rose around 1%. Coke also gained 0.5%.Copper: Chinese...Read More

Data: SHFE, DCE market movement (Jan 24)

January 24, 2017 / news.metal.com

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Flash: China Copper Group sees record profits in 2017

January 24, 2017 / news.metal.com

China Copper Group has generated 706 million yuan of profits in 2017, setting a new record high since its establishment. The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article. Read More

SMM Morning Comments (Jan 24)

January 24, 2017 / news.metal.com

SHANGHAI, Jan 24 (SMM)? 1/4 ?Copper: Surging inventory has seen LME copper prices wander around the $7,000/mt level for a few days. Inventory levels and changes in spot premiums would set the tone for future LME copper movement in the short term. On the SHFE, open interest has increased to 708,000 lots with many of them speculative bets. We see increased volatility in the near term.Aluminium: LME...Read More

Jay Taylor - Tic Tac Toe

January 24, 2017 / www.youtube.com

Instagram : @vidasdesperdiciadas @stlbeatz Contact: stlbeatz@hotmail.com ?^+?^+ 90MOBB ?^+?^+Read More

The Guardian Wants Other Newspapers to Help Share in Trump Investigations

January 24, 2017 / www.thedailybell.com

Here is the key to investigating Donald Trump ... We were successful because we collaborated with other journalists. Now it is time for the media to join forces once again - especially given the threat Trump poses trump towers 'We are faced with a story that is too big and too important to handle on our own.'The Guardian claims it "broke" the story of the Panama Papers and can use the same t...Read More

Now the Entire EU Is Urged to Adopt a Basic Income

January 24, 2017 / www.thedailybell.com

EU states should guarantee minimum income for citizens ... The European Commission wants all EU member states to introduce minimum wages and incomes for their workers and unemployed, the head of the EU executive president said on Monday, in an effort to combat growing social inequality and poverty. The Commission, which has limited powers in the area of social policy, is preparing an overhaul of...Read More

The Guardian Wants Other Newspapers to Help Share in Trump Investigations

January 24, 2017 / www.thedailybell.com

Here is the key to investigating Donald Trump ... We were successful because we collaborated with other journalists. Now it is time for the media to join forces once again - especially given the threat Trump poses trump towers 'We are faced with a story that is too big and too important to handle on our own.'The Guardian claims it "broke" the story of the Panama Papers and can use the same t...Read More

Now the Entire EU Is Urged to Adopt a Basic Income

January 24, 2017 / www.thedailybell.com

EU states should guarantee minimum income for citizens ... The European Commission wants all EU member states to introduce minimum wages and incomes for their workers and unemployed, the head of the EU executive president said on Monday, in an effort to combat growing social inequality and poverty. The Commission, which has limited powers in the area of social policy, is preparing an overhaul of...Read More

Has A Uranium Bull Market Begun - An Interview with Collin Kettell of Palisade Global

January 24, 2017 / www.youtube.com

Jeff interviews Collin Kettell of Palisade Global and Palisade Radio, topics include: catching the bottom of the uranium market, a uranium market overview, the growth in nuclear power, a small number of company, the cost of uranium is not an important factor for a power plant, the demand for uranium does not drop even with large price increases, the recent performance of key uranium stocks, Collin...Read More

Gold and silver bullion and stocks in for a volatile ride

January 24, 2017 / www.adviceforinvestors.com

Investor's Digest technical analyst Brian Hoffman says trading in gold and silver mining stocks is likely to be quite volatile until it is clear where the precious metal prices head from the mid-December levels. Gold and silver bullion prices will likely bounce around before support levels firm and a rally can unfold.First, there was Brexit, with the United Kingdom voting to leave the European Uni...Read More

Frank Holmes - What is driving gold?

January 24, 2017 / www.youtube.com

We got up close and personal with Frank Holmes, CEO & CIO of US Global Investors at the 2016 International Mining and Resources Conference. We asked him what is driving gold and what Frank's prediction for gold is in the next 6 months.IMARC returns to the Melbourne Convention & Exhibition Centre 30 October - 2 November 2017. For more information please visit http://imarcmelbourne.com/Read More

Fillet Steak with Gremolata | Gordon Ramsay

January 24, 2017 / www.youtube.com

A quick recipe from the F Word archives - pan roasted fillet of beef with gremolata. Keeping the steak moist is the key, and don't forget to let it rest the same time it cooked.Gordon Ramsay Ultimate Fit Food: http://amzn.to/2FznHtkSubscribe for weekly cooking videos. If you liked this clip check out the rest of Gordon's channels:http://www.youtube.com/gordonramsayhttp://www.youtube.com/kitchennig...Read More

US demand growth to push copper market into deficit

January 23, 2017 / www.mining.com

The surge in the copper price to near 18-month highs following Donald Trump's win in the US presidential election came as a surprise to an industry under pressure since 2011 over growing supply.Bullishness about the impact of Trump's $500 billion infrastructure plans has cooled down considerably since then, but at $2.6430 per pound ($5,872 a tonne) in New York on Monday the bellwether metal is up...Read More

London Metal Exchange boss steps down after divisive year

January 23, 2017 / www.mining.com

Garry Jones, the London Metal Exchange (LME) chief executive for the last three years, has left one of the world's largest and oldest metals markets, becoming the second senior manager to step down in two months.The move, announced by LME's parent company Hong Kong Exchanges and Clearing Ltd (HKEX), follows a difficult year that saw declining volumes, a fraud case come to light and the departure o...Read More

Gold climbs to 2-month high as dollar tumbles on Trump uncertainty

January 23, 2017 / in.investing.com

Investing.com - Gold prices rose sharply during European morning trade on Monday, hitting the strongest level in around two months as the U.S. dollar tumbled amid uncertainty around the economic policies of new U.S. President Donald Trump.Gold for February delivery on the Comex division of the New York Mercantile Exchange touched a session high of $1,219.40 a troy ounce, a level not seen since Nov...Read More

Does China's copper semis market need more capacity?

January 23, 2017 / www.woodmac.com

Description This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved. For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making. Our analysts are based in the markets they analyse and work with...Read More

SMM Evening Comments (Jan 23)

January 23, 2017 / news.metal.com

SHANGHAI, Jan 23 (SMM)? 1/4 ?Copper: It appears to be difficult for SHFE copper to break through its several moving averages as physical demand remained sluggish ahead of Chinese New Year due to tighter cash. However, copper prices are unlikely to fall much considering tighter supply of copper ore and copper scrap. We expect prices to be rangebound in the near term.Aluminium: We maintain our view...Read More

Negative Trump Coverage Is Long-Term Threat to His Presidency

January 23, 2017 / www.thedailybell.com

While Trump fans are happy to see the antagonism, others worry about Trump’s long-term damage ... Donald Trump's "running war" on the media is continuing into his presidency, with statements over the weekend calling into question the extent to which information from the White House can be trusted. White House press secretary Sean Spicer on Monday will hold his first daily press briefing, a...Read More

Worldwide Container Woes Now Hitting German Banks

January 23, 2017 / www.thedailybell.com

Shipping crisis puts German banks under pressure ... The flailing container shipping industry is a massive problem for state banks, particularly in northern Germany. Some fear that skyrocketing risk provisions may cost taxpayers billions of euros. A report published on Sunday by German public broadcaster ARD has suggested that the northern German states of Hamburg and Schleswig-Holstein may ha...Read More

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