Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based Recyclers have quickly gained sales traction on Amazon.com since launching in November 2018. The good natured (R) Handy Recycler is now listed as one of the 10 bestselling recycling products on the e-commerce platform.With average monthly traffic of over 1.8 bi...Read More
By: Ira EpsteinGold - 100 week average (~$1272/3 and rising) possible correction low. Biased down. Oversold.Gold/Silver ratio -- higher it goes, the more silver you load up in your shopping cart:Read More
GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/ Read More
By: Rambus I know it may have come as a shock to some of you on why I raised some capital by selling a few PM stocks today. Whenever you see a false breakout of any chart pattern and the price action trades below the bottom rail of the original pattern that can setup a bearish situation. It's like a head fake. The stock forms what looks like a great breakout and maybe even accompanied by a break...Read More
ASIAN METALS MARKET UPDATEMomentum for gold and silver is bearish. I am happy with the correction. There will be good demand in every Asian nation. Buyers and investors will vanish if gold and silver fall next week. European central bank meeting today can affect euro as well as bullion. Lower growth forecast for this year has already been factored in by the markets and such they will not impact....Read More
Stagnant spot activity continued to weigh on the cobalt sulfate price in China, with spot offer prices marching lower in the mid-week assessment on Wednesday March 6 amid persistent selling pressure. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market price at 57,000-60,000 yuan ($8,491-8,938) per tonne on March 6, down by 3,000-4,000 yuan per tonne or 5.6% from 60,000-64,000 yu...Read More
* LME copper stocks rise from decade low * Cash to 3-month spread falls sharply * Dollar strengthens after ECB policy change * Nickel falls more than 3 percent (Updates with closing prices)By Peter HobsonLONDON, March 7 (Reuters) - Copper prices fell on Thursdayas rising stockpiles and a drop in the premium for directlyavailable metal signalled a supply squeeze on the London MetalExchange may be e...Read More
European aluminium ingot is trading at its lowest level in three years, sparking a significant decline in scrap prices on Wednesday March 6. Fastmarkets assessed the price of aluminium scrap and foundry ingots LM24 gravity diecasting ingot in the United Kingdom at ?1,370-1,420 ($1,801-1,867) per tonne on Wednesday, down from ?1,380-1,440 per tonne the week before and at its lowest level sin...Read More
Turkish steel producers continued to replenish low stock levels by booking more deep-sea scrap at firm prices, sources told Fastmarkets on Thursday March 7.A steel mill in the Marmara region booked a US cargo comprising 32,000 tonnes of HMS 1&2 (80:20) at $322 per tonne, 5,000 tonnes of shredded at $327 per tonne and 3,000 tonnes of bonus at $332 per tonne cfr.This was...Read More
Drilling operations at McEwen Mining's Gold Bar Project in central Nevada. Source: McEwen Mining Inc.McEwen Mining Inc. [MUX-TSX, NYSE] said Thursday March 7 that it has elected to suspend the dividend distribution of one-half cent per share, an amount that would have been paid on March 15, 2019 to shareholders of record on March 8, 2019."We have been experiencing operating issues at our Black Fox...Read More
The Comex copper price continued to drift on Thursday March 7 with uncertainty around US-China trade talks forcing market participants to retreat and delay any serious price action. The copper price for May settlement on the Comex division of the New York Mercantile Exchange declined 1.15 cents to $2.9070 per lb. Additionally, European buying was lackluster ahead of the European Central Bank's pol...Read More
Gold futures settled higher Wednesday, halting what had been a string of seven straight losses-the longest such string of declines in two years. "With optimism regarding a trade deal and Brexit fading, the risk-off mood has waned and has allowed a modicum of support to the precious metals," analysts at Zaner Precious Metals wrote in a daily note. April gold GCJ9, -0.02% rose $2.90, or 0.2%, to s...Read More
Three-month base metals prices on the London Metal Exchange were for the most part weaker again this morning, Thursday March 7.With the exception of tin that was up by 0.5% and aluminium that was little changed, the rest of the complex were down between 0.2% for lead and 1.4% for nickel.Copper was off by 0.4% at $6,428 per tonne, compared with $6,455 per tonne at Wednesday's close, while nickel ha...Read More
Stagnant spot activity continued to weigh on the cobalt sulfate price in China, with spot offer prices marching lower in the mid-week assessment on Wednesday March 6 amid persistent selling pressure. Fastmarkets assessed the Chinese cobalt sulfate, basis 20.5% Co market price at 57,000-60,000 yuan ($8,491-8,938) per tonne on March 6, down by 3,000-4,000 yuan per tonne or 5.6% from 60,000-64,000 yu...Read More
You know what they say...The devil is in the details.And investors looking to get rich in the legal cannabis market would be wise to pay attention to the details of new legalization measures before those measures become law.This, dear reader, is the secret to pot stock profits.Let me explain...THIS is how you get rich in the legal cannabis marketFor nearly five years now, I've been helping investo...Read More
Domestic prices for hot-rolled coil (HRC) in Europe have been largely stable over the past week, although steelmakers were targeting increases, sources told Fastmarkets on Thursday March 7.Prices in the domestic market have been stable due to largely unchanged import offers and resistance among end-users to a price rise, according to market sources.Northern EuropeThe outlook on further price chang...Read More
China's hot-rolled coil exporters were insisting on higher offer prices on Thursday March 7 despite the slight drop in the domestic spot market, with most sellers feeling little need to export.DomesticEastern China (Shanghai): 3,820-3,840 yuan ($569-572) per tonne, down 20 yuan per tonneNorthern China (Tianjin): 3,750-3,770 yuan per tonne, down 20 yuan per tonneShanghai sellers began the...Read More
China's major mills continued to raise their daily output rates for crude steel in mid-February, while their finished steel inventories also rose.Members of the China Iron & Steel Association (Cisa) produced crude steel at an average rate of 1.95 million tonnes per day during the second 10 days of February, up 1.6% from 1.92 million tpd in early February, according to data released by the industry...Read More
According to the latest IIROC short report for the period ending February 28th, shorts appear to be pressing against insiders at Indigo Books & Music (IDG). The bookseller had a negligible short position in mid-February, but that soared to 3.1% of the stock's float by month end. Short sellers may be betting that the stock is vulnerable to seasonal factors with the busy Christmas shopping season n...Read More
Reinforcing bar (rebar) steel prices have risen in the United States following late-February's mill hikes, while import prices have fallen following confirmed offers for Italian material. Fastmarkets' assessment for domestic rebar increased to $35.25-36.50 per hundredweight ($705-730 per short ton) fob mill on Wednesday March 6, up by 2.6% from $34.25-35.75 per cwt previously. At the same time, th...Read More