"Vancouver Housing Unaffordability Due To Foreign Ownership, Chinese Funds, & Migrant Millionaires, Study Says | Zero Hedge https://t.co/7UhldSArPv"Read full newsRead More
This latest window of opportunity to get crypto-rich is coming to a close. Since we first alerted you to it, Bitcoin is up 62%. It has surged from below $8,000 to over $13,000. That's impressive. But it's not as impressive as the performance of the Crypto66 opportunity we told you to buy two weeks ago. That investment has delivered returns as high as 180% in the same amount of time. You'll N...Read More
Investors are laser-focused on this weekend's G-20 meeting in Japan, but famed hedge-fund manager Kyle Bass predicted that nothing of importance will be achieved there, and that investors should prepare for President Donald Trump to slap tariffs on every last dollar of Chinese imports. President Donald Trump and Chinese President Xi Jinping are expected to meet on the sidelines of the G-20 gatheri...Read More
Nickel's three-month price on the London Metal Exchange was lower at the close of trading on Monday July 1, failing to sustain recent gains while poor data from China's manufacturing sector damped buying sentiment.Three-month nickel futures closed at $12,350 per tonne during the afternoon, down by a little less than 3% from an intraday high of $12,850 per tonne, its highest level since April.Marke...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The S&P 500 hit a record close Monday after President Donald Trump saying he'll ease export restrictions on U.S. companies doing business with China's Huawei Technologies. Chipmaker Nvidia (NVDA - Get Report) rose following the easing of export restrictions on Huawei. Nvidia is Real Money's Stock of the Day. Shares o...Read More
Despite China's ban of low-quality copper scrap imports since the beginning of 2019, the volume of copper units contained in scrap imports has defied expectations by rising in the first five months of this year. Between January and May this year, China imported 682,508 gross tonnes of copper scrap, according to customs data. All of the imports are of the higher-grade category 6 scrap. This is down...Read More
Nickel market participants cite technical squeezes as the root cause of a 9% increase in nickel prices over June, with Shanghai and London exchange contracts targeted amid slack supply and demand.The LME three-month nickel price peaked at $12,850 per tonne on the morning of Monday July 1, its highest since April and an increase of more than 9% from a low of $11,605 per tonne on June 7.Despite a 2....Read More
Point one...Our analysis has indicated that we have been in a positive market (bull market) for gold and some gold stocks since 2015. But it depends on which ones! Some have already moved sharply up but a major move up will come later with more stocks participating as the gold bullion price rises above $1500 and perhaps...Read More
The company raised A$4.5 million at 4c to complete its recapitalisation via an oversubscribed issue, and started trading at a peak 4.6c before easing to 4.3c after around 1.2 million shares were sold this morning. By afternoon it was back to 4c, giving an estimated market capitalisation of $2.5 million. The company, from the stable of Queensland resources executive and Nickel Mines chair...Read More
The collapse of "mining galleries" near the active Kamoto openpit at Katanga that reportedly killed a number of illegal miners hasn't impacted mine production, according to the mining major. The pit is understood to contribute about two-thirds of the ore processed at Katanga. But the incident (again) made clear that "security at the operations needs to be increased", BMO said in a note."If this ev...Read More
June 28th, 2019(S14-E702)Featured GuestsWolf Richter& Bill MurphyPlease Listen Here - MP3Interview RecapBill Murphy of GATA.org returns to the show with fresh insights on the stunning PMs shares rally, which outperformed the key US equities markets.Gold may have built a final base in preparation for liftoff to $2,000+ in the coming years, as the "Gold Cartel" runs out of physical bullion to s...Read More
It has been a truly glorious month for gold, and the purpose of this update is to point out firstly that the gold breakout of the past week was genuine and secondly that any short term reaction back as far as $1380 or even $1370 will not negate the breakout - instead it should be seized upon as an opportunity to build positions across the sector, especially in trampled down undervalued silver st...Read More
- Jordan Roy-Byrne CMT, MFTAAs I pen this article, Gold is set to close the month and the quarter above $1400/oz and holding the majority of its recent gains. That does not necessitate continued strength but it is a good sign.The technicals and fundamentals are finally in place for Gold. It is outperforming all major currencies and the Federal Reserve is weeks away from beginning a new cycle of...Read More
Gold and silver can fall more after the US-China meeting at G20. Gold will crash if it trades below $1390. Silver will crash if it trades below $1505. Copper and crude oil should rise today. Traders will assess the US-China trade talk. Since details are not yet made public, reaction will be limited. I do not think North Korea will have any impact on currencies or bullion. Do not confuse that tr...Read More
* GRAPHIC-2019 asset returns:* Discount for cash against 3-month aluminium narrows (Updates with official prices, U.S. data and nickel)By Pratima DesaiLONDON, July 1 (Reuters) - Copper prices hit six-week highson Monday as sentiment turned positive after the United Statesand China agreed a trade truce, but weak manufacturing datareinforced expectations of slowing economic activity and demand.Bench...Read More
The Monday Market Minute U.S. equity futures point to fresh record highs on Wall Street Monday following a breakthrough in U.S.-China trade talks and a surge in global oil prices.President Trump says the U.S. is 'back on track' after agreeing to re-start talks with China, pause fresh tariffs and loosen export restrictions on Huawei TechnologiesEuropean stocks book solid gains, led by the trade-s...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 28ChinaChina's silicon export price slides on signs of a weakening domestic market due to more supply and limited bookings for July cargoes. Sellers open to cheaper bids to achieve sales early in expectation of slow demand in the summer lull and increasing supply during rainy season. Most refiners in Yunnan provin...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. Fastmarkets MB prices Click here for Fastmarket MB's price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonne Click here for Fastmarket MB's price assessment for the cobalt sulfate, Co 20.5% basis China ex-works, adjustment to the standard-grade cobalt low-end price, $/I...Read More
Despite China's ban of low-quality copper scrap imports since the beginning of 2019, the volume of copper units contained in scrap imports has defied expectations by rising in the first five months of this year. Between January and May this year, China imported 682,508 gross tonnes of copper scrap, according to customs data. All of the imports are of the higher-grade category 6 scrap. This is down...Read More