Lepidico Ltd (ASX: LPD) is a lithium exploration and development company, who's strategic objective is to become a fully integrated lithium business from mine to battery-grade lithium chemical. At PDAC2019, we learned from Joe Walsh, Managing Director of Lepidico, that Lepidico is a unique investment opportunity in the lithium space, as the 100% owner and developer of the L-Max (R) and LOH-MaxTM t...Read More
The halving of China's new energy vehicle (NEV) subsidies will have a positive impact on the production of lithium-ion phosphate (LFP) batteries in the short term, but nickel-cobalt-manganese (NCM) lithium-ion battery development will benefit in the long run, delegates heard at Fastmarkets' Battery Materials conference in Shanghai on Thursday April 11. "The values of subsidies have been cut signif...Read More
Check out our new two-minute video that explains the INK Edge Outlook ranking process for stocks. Our goal in producing it was to cut through the haze to give our users a quick meaningful introduction on how to use INK Edge outlooks in real life investing. We hope you enjoy it! Read More
Healthy growth in nickel demand from the stainless steel and battery sectors and shrinking inventories on the Shanghai Futures Exchange and London Metals Exchange bodes well for nickel prices, according to Macquarie Capital senior commodities consultant Jim Lennon. "Our view is that, we have these two drivers in demand: stainless steel and batteries, and nickel inventories have been falling over t...Read More
The domestic prices for hot-rolled coil (HRC) in Europe have moved down slightly over the week although market sentiment is largely negative, sources told Fastmarkets.The only positive factor supporting domestic prices was high import offers, but it is unlikely to help EU mills to keep prices stable, market participants said.Buying activity has been low, with some buyers who had their stocks decre...Read More
China's hot-rolled coil prices stopped retreating on Thursday April 11 - and even rebounded in the eastern region - amid steady demand.DomesticEastern China (Shanghai): 3,980-3,990 yuan ($593-594) per tonne, up 10 yuan per tonneNorthern China (Tianjin): 3,930-3,940 yuan per tonne, unchangedA Hangzhou-based trader said the day's trading activity was slightly higher than a day earlier amid continual...Read More
China's major mills cut their daily output rates for crude steel in late March and their inventories of finished steel also dropped.Members of the China Iron & Steel Association (Cisa) produced crude steel at an average rate of 1.83 million tonnes per day during the last 11 days of March, down 3.56% from 1.9 million tpd in mid-March, according to data released by...Read More
Prices for domestic rebar in Turkey increased over the past seven days because of the Turkish lira weakening, with demand remaining low, sources said on Thursday April 11.Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY3,320-3,335 ($583-586) per tonne ex-works on Thursday, rising from TRY3,200-3,250 per tonne ex-works previously, where the price had remained since March 28...Read More
Highlights The head of Armstrong Economics, Martin Armstrong rejoins the show in Part II of the discussion.The dialogue includes an overview of the Presidential Cycle and US stock market performance. Stock indexes could climb to record highs if history acts as a guide amid fresh foreign capital inflows.Global investors seek out the key shares with big media exposure, such as the Dow 30 component...Read More
By: Gary TanashianFrom a post on gold and silver on Tuesday...Very simply, if it's an H&S it's a minor one with a target to the SMA 200 or short-term lateral support. Gold has curled back up to test the underside of its SMA 50. A takeout of 1310 and then the March high could put yeller back in business. Otherwise, don't personalize it. A test of the SMA 200 would be normal.The H&S was not my...Read More
Vancouver, BC / CNW Group - Cision / April 11, 2019 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: GAC, OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to announce that the Company's joint venture partner in Puna Operations Inc., ("Puna") has reported the first quarter 2019 operational results for the joint venture's Chinchillas silver-lead-zinc mine in Argentina."In the fi...Read More
By: Ira EpsteinWeekly gold chart shows $1295 area support. 100 DMA also support, $1,285. Resistance $1327.7Read More
Are these guys good, or what! On Wednesday, with Boeing shares getting clobbered, DaBoyz somehow managed to close the Dow six points higher on the day. That may not sound impressive, but considering that Boeing is by far the most heavily weighted stock in the Industrial Average, the feat was akin to getting a 747 Dreamlifter airborne with two engines out and a half-dozen Abrams battle tanks in...Read More
Brexit deal has been postponed till 31st October with a review in June. Brexit news will not affect pound for two months. Indonesia and India election trend will be closely watched over the next two months. Australian elections on 18th May will have a zero effect on global currency markets. USA-China have agreed to open enforcement offices on each side for the trade deal. I believe that the USA-...Read More
Turkish rebar export prices have decreased over the past week because offer prices have been pushed down by lower scrap costs, sources said on Thursday April 11.Fastmarkets' weekly price assessment for rebar exports from Turkey was $480-485 per tonne fob on an actual weight basis on Thursday, falling from $485-490 per tonne fob.Turkish steel producers offered rebar for export...Read More
The import price for steel billet went down in Egypt in the week ended Thursday April 11, with demand remaining weak, Fastmarkets has heard.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $455-458 per tonne cfr on Thursday, falling from $460-470 per tonne cfr last week.CIS-origin billet was offered to the country at $458-460 per tonne cfr but buyers believed $455 per...Read More
Turkish steel mills made a booking for scrap from the United States at a higher price compared with earlier this week, while another cargo transaction heard earlier today has since been disputed by the seller, sources said on Thursday April 11.A steel producer in the Iskenderun region booked a US-origin cargo comprising of HMS 1&2 (80:20) at $308 per tonne and shredded-scrap material at $313 per t...Read More
Jason Liosatos' talk with Paul Craig Roberts about the brutal arrest of Wikileaks founder Julian Assange at the Equadorian Embassy today, we also discuss the Washington coup in Venezuela, and the Brexit facade,?>>?Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co...Read More
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His j...Read More
Find out why Mike Maloney believes that Ray Dalio has his wires crossed in this week's video. In a nutshell, you can't blame something that you don't have. Link to Ray Dalio's article: https://www.economicprinciples.org/Wh... Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one...Read More