Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
DAILY LME STOCK INVENTORY : 17/04/2018Aluminium up by 19375MT,Copper up by 2525MT,Lead unchange MT,Nickel down by -222MTZinc down by -2425MT. Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade. Netflix plunged $52.21 to $348.27 after the company reported lower than consensus new subscriptions in the second quarter. Johnson & Johnson added $0.94 to $125.63 after reporting higher than consensus second quarter earnings. The company also lowered guidance. Goldman Sachs gained $...Read More
Zinc Trading Hold Call – Zinc Jul Buy Hold call bc7 given at price 171.70 (172.20+171.20) Achieved 1st Target 173.80. CMP 174.60 Near to 2nd target. Profit of 2.9 x 2 lot = 5.8 PointsTIPS ID bc7 : Zinc Hold Carry Call - BUY Zinc Jul at CMP 172.20 Add more at price 171.20 with SL 170.50 for Target 173.80 - 175 Read More
Zinc Target Call – Zinc Buy Call bd8 given at price 171.85 Achieved 2nd Target 173.60. CMP 173.70. Total profit of 1.75 Points per lotCALL ID bd8 : Today Zinc Call - BUY Zinc at CMP 171.85 for Target 172.90 - 173.60 with SL below price 170.75 Read More
Free Zinc Call – Zinc Buy Call bd8 given at price 171.85 Achieved 1st Target 172.90. CMP 173.20. Profit of 1.35 Points per lotbd8 : Today Zinc Call - BUY Zinc at CMP 171.85 for Target 172.90 - 173.60 with SL below price 170.75 Read More
Copper Trading – BUY Copper at CMP 422.10 for Target 424.50 – 426 with SL below price 419 Read More
Today Zinc Call – BUY Zinc at CMP 171.85 for Target 172.90 – 173.60 with SL below price 170.75 Read More
Due to a technical error, Metal Bulletin's cfr China PHCC and HCC coking coal indices were published incorrectly on Monday July 16. The cfr China PHCC index should have been $186.78 per tonne on July 16, instead of $185.08 per tonne as published yesterday. The cfr China HCC index should have been $179.64 per tonne on July 16, instead of $175.85 per tonne as published yesterday. Metal Bulletin's pr...Read More
A significant number of seaborne cargoes of Australian and Brazilian 62% Fe iron ore changed hands on Tuesday July 17....Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. ...Read More
Pessimism persisted in the seaborne hard coking coal market on Tuesday July 17 with reports emerging over increasingly stringent import restrictions and high coking coal inventories. ...Read More
World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals (PGMs), the company said on Tuesday.Associated with jewellery and emissions-capping autocatalysts, about a third of platinum demand comes from other industrial applications. Producers are kee...Read More
The seaborne iron ore concentrate market cooled down last week, though sustained efforts by Chinese authorities to protect the environment appear to be supporting that for pellets....Read More
America's most powerful weapon of war does not shoot, fly or explode. It's not a submarine, plane, tank or laser. America's most powerful strategic weapon today is the dollar.The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. The doll...Read More
China's ferrous futures largely trended downward during morning trading on Tuesday July 17 with the benchmark coke contract ending the session with the biggest loss....Read More
My readers are familiar with my thesis that the world responds to a situation of too much debt and not enough growth with first currency wars, then trade wars and finally shooting wars.Currency wars begin in a condition of too much debt and not enough growth. Countries steal growth from their trading partners by cheapening their currencies to promote exports, discourage imports, import inflation a...Read More
I typically base my investment recommendations on fundamental measures. For example, I favor companies that have solid earnings, long dividend histories, and reasonable valuations.At the same time, there's one more thing I do before I make any final decision - and that's look at the investment's chart.Yes, there was a time earlier in my career when I completely dismissed charts and all related tec...Read More
Zinc prices on the London Metal Exchange climbed by 1.5% at the close of trading on Tuesday July 17, staging a marginal recovery during afternoon trading while the rest of the base metals complex continued to feel the effects of escalating global trade tensions....Read More
If you watch business news channels regularly, you’ll start to notice a pattern. Every three months, like clockwork, they’ll devote hundreds of hours of programming to a single topic.For about six weeks, you’ll hear the same words over and over and endure an endless parade of “breaking news” interruptions. Near the end of it, you’ll be ready to switch the channe...Read More
One topic that has received a lot of attention lately is what some call the crazy man theory of negotiation.This theory says that a rational actor trying to optimize the outcome of a negotiation can benefit from making the other party to the negotiation believe he's mentally unstable. This perceived instability by one side throws the other side off-guard and confuses their analysis. This confusion...Read More