The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying unleashin...Read More
Bitcoin is on a tear. Since the start of the year, it is up 200%. Since its low in December 2018, it is up 256%.The burning question is: how high can it go this time?Bitcoin hitting $20,000 was a fast and dirty affair at the end of 2017, with a quick spike up and not a lot of volume.And of course there was the relentless news coverage and ridiculous talk of HODL and Lambos and what not.So what abo...Read More
Jun 28, 2019 Guest(s): David Morgan The Morgan Report Although gold has seen historically high gains this week, silver's potential shouldn't be overlooked, according to David Morgan, editor of the Morgan Report."Silver is the only place to go at this level," Morgan said. "If you get 92 silver rounds for what you get one ounce for, it pays to just buy the silver, wait, and swap it into gold when...Read More
Jun 28, 2019 Guest(s): Chris Versace Chief Investment Officer at Tematica Research The Federal Reserve and markets are intensely focused on discussion among world leaders during the Group of 20 summit in Japan as what unfolds will influence the outcome of the global economy, according to Chris Versace, chief investment officer at Tematica Research. "It's a binary outcome," he said. "Either trade...Read More
The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back traders, with their buying unleashin...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose modestly as investors awaited news from the meeting between President Donald Trump and his Chinese counterpart, Xi Jinping, at the G-20 summit. Apple's (AAPL - Get Report) chief design officer, Jony Ive, will be leaving the tech giant to start an independent design firm. Shares of App...Read More
Treatment charges (TCs) on copper concentrates are marginally lower this week because of further aggressive bids from traders on third-quarter tonnages despite fresh spot supply from the Cobre Panama greenfield project.Fastmarkets' Asia-Pacific TC/RC index dropped to $52.4 per tonne/5.24 cents per lb on Friday June 28, its lowest since the index was launched in June 2013. It was $53.5 per tonne/5....Read More
Nickel's three-month price on the London Metal Exchange maintained weekly gains of around 5% at the close of trading on Friday June 28, closing at $12,690 per tonne while turnover was moderately light with some 8,800 lots of nickel exchanged by the close.The metal's three-month price began the week trading just above the $12,000-per-tonne support level, after trading below that mark the week prior...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Adam HamiltonArchivesJun 28, 2019 The gold miners' stocks just blasted higher to a major decisive breakout this week! Driven by gold's own huge bull-market breakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a game changer, starting to shift long-apathetic sector sentiment back towards bullish. This will increasingly attract back tr...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
* GRAPHIC-2019 asset returns:* Market looks ahead to G20 meeting * Premium for cash zinc over three-month contract narrows (Updates closing prices)By Pratima DesaiLONDON, June 28 (Reuters) - Copper prices were steady onFriday ahead of a meeting of G20 leaders but recorded theirworst quarterly performance since 2015 due to the protractedU.S.-China trade dispute which has undermined growth and deman...Read More
The Shandong stake is being acquired at the cost of A6.2c per share, while the direct investment into Triton is costing Jinan Hi-Tech 4.1c per share.Read More
Treatment charges (TCs) on copper concentrates are marginally lower this week because of further aggressive bids from traders on third-quarter tonnages despite fresh spot supply from the Cobre Panama greenfield project.Fastmarkets' Asia-Pacific TC/RC index dropped to $52.4 per tonne/5.24 cents per lb on Friday June 28, its lowest since the index was launched in June 2013. It was $53.5 per tonne/5....Read More
Chinese imports of manganese ore soared to a record high in May after comparatively low prices for ore and strength in domestic alloy markets in late February and early March led to increased bookings for cargoes loaded in March and April.China imported 3.36 million tonnes of manganese ore in May, up by 46.3% from 2.29 million tonnes in the prior month, according to official, but unconfirmed, data...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 298,10861,55459,841160,228420,378518,177541,773 Change from Prior Reporting Period 23,475-8,7563,18618,23554,53044,89648,960 Traders 20775745660287189 Small Speculators LongShortOpen Interest 59,42835,832577,605 7,0733,00951,969 non reportable positionsCh...Read More
By: Ira EpsteinGold technical update -- preparing for the G20, China and more:Read More
The Fitch Group unit says it's increasingly likely that China might use its near-monopoly (72% of the global rare earths market) as leverage over the coming months.The US is highly dependent on Chinese imports to satisfy its demand for rare earth metals, with China having supplied up to 80% of the rare earths imported by the US between 2014 and 2017.According to Fitch, historical precedence sugges...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Gold futures finished lower Thursday, suffering back-to-back losses after the haven metal scored a nearly six-year high early in the week. The impending sideline meetings at the Group of 20 conference in Japan between U.S. President Donald Trump and his Chinese counterpart Xi Jinping held the attention of financial markets, which had been supportive for gold in recent sessions. Analysts at Zaner...Read More