Reddit investors may liken the stock markets to a casino, but they've forgotten the most important part of that analogy: In a casino, the house always wins.Continue...Read More
Bob begins the conversation on [JB] spending packages. [JB] spending packages will be Jimmy Carter on steriods, it will be a disaster. Bitcoin is now rising and will it will come close to 100000 by the end of the year. The [CB] are pushing their digital currencies, but in the end this will fail.Bob's website: tradegeniusacademy.comRead More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
"Employers have been relatively quiet in the pandemic, we're now entering the next phase where employers are creating their own policies so that employees can go safely and sustainably back to the workplace."Continue...Read More
Don't tell me it can't be done. We've done it before. Talk to most responsible gun owners and hunters. They'll tell you there's no possible justification for having a hundred rounds in a weapon... What do you think, deer are wearing kevlar vests?Continue...Read More
"Not only the U.S. Mint, but other Mints around the world, Australia's Perth Mint, the Mexican Mint,Continue...Read More
Steel billet prices in Asia have jumped over the week to Friday April 30 on news that China will end import taxes for steelmaking raw materials, including semi-finished steel such as billets. "Many buyers increased their bids significantly this week because they were rushing to purchase billets ahead of the implementation of the new tax regime," a trader in east Asia said. Under the new import tax...Read More
Money manager Adrian Day discusses developments at several companies, resource and otherwise. The selection includes some dividend-paying stocks, and includes several buys, including one strong buy. It's Looking Up on All Fronts for Orogen Orogen Royalties Inc. (OGN:TSX.V, 0.36) has seen several pieces of good news on both its properties and at the corporate level. A new global resource for First...Read More
Rising electrification in America's auto industry is likely to boost the prices of key metals needed to make the electric and battery-powered transformation a reality. This McAlinden Research Partners article discusses the surging demand for copper and lithium, and the potential supply-side shortfalls. Rising electrification in America's auto industry is likely to boost the prices of key metals n...Read More
Cabral Gold reported that RC drilling returned 3 meters of 13.2 g/t gold at the newly identified Hamilton Novo vein target located 300 meters north of its MG gold deposit in the Cui? Cui? gold district. In a news release, Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) reported "assay results from follow-up RC holes at the Hamilton Novo target immediately south of the recently identified Machichie zo...Read More
This report for Bunker Hill Mining's namesake mine outlines a low cost operation. Bunker Hill Mining Corp. (BNKR:CSE; BHLL:OTCMKTS) released the findings of a preliminary economic assessment (PEA) of restarting the Bunker Hill mine in Idaho."Our PEA confirms that by maximizing the use of existing resources, partnerships and infrastructure, the Bunker Hill mine has the potential to be restarted ra...Read More
If you're still waiting to buy physical silver to start a stash, you're now playing financial Russian Roulette... with fourrounds in the cylinder.The chat rooms talk about buying silver andgold when they decline in price. "If silver goesdown to 22, I'm all in!" "When these 'excessive' premiums drop a fewdollars, I'm backing up the truck."1) Emotion and Sentiment Believe it or n...Read More
Brazilian flat steel producers are poised to raise domestic prices by 10-18% in May, due to rising global steel and raw materials values, along with resilient local demand, market participants told Fastmarkets this week.Companhia Sider??rgica Nacional (CSN), the country's second-biggest flat steel producer, led the way when commercial executive director, Luis Martinez announced a 16-18% incre...Read More
ArcelorMittal has again increased its official offer prices for all steel coil products in Northern Europe by ?,?20-50 ($24-60) per tonne, sources told Fastmarkets on Thursday April 29.The steelmaker had already increased its offers three times in April.With this latest increase, offer prices for hot-rolled coil reached ?,?1,020 ($1.233) per tonne ex-works, up by ?,?20 per tonne from the most rece...Read More
South American flat-rolled steel import prices were generally up in the week to Friday April 30, but have hit a temporary ceiling since the effects of the export tax rebate cut in China had been mostly factored in previously, market participants said.The majority of the assessments increased slightly, but the top end of the ranges were lower or unchanged, depending on the product.The increases com...Read More
Pig iron export prices from Brazil went up again during the week to Friday April 30 despite long lead times.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $545-560 per tonne on Friday, up from $540-545 per tonne the previous week.Offers were reported from only one...Read More
Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.Turkish scrap import prices jump $22 per tonne at the end of the weekUS scrap export prices remain fairly stableSlight improvement in Vietnamese scra...Read More
China's spot blister copper refining charges (RCs) rose in April to their highest level since September 2019 amid increased competition from domestic units and surging scrap availability.Fastmarkets' price assessment for copper blister 98-99% ,RC spot, cif China, was $185-200 per tonne on Friday April 30, up from $170-185 per tonne a month ago. Few tonnages were sold and offered in the $180s...Read More
While the whole London Metal Exchange base metals complex ended the month on solidly higher prices than at the start of April on a recent bullish streak, a dollar index at its highest in a week pushed down copper and aluminium prices at the close on Friday April 30. The dollar index reached 91.29 on Friday during afternoon trading, its highest since April 23 after bottoming at 90.42 on Thursday, r...Read More
The London Metal Exchange will announce the results of its discussion paper on market structure on or around June 8 and has not yet made any decisions on the whether to reopen the ring, it said. If the exchange decides to reopen the ring, which temporarily closed in March 2020 due to the Covid-19 pandemic, the earliest possible date would be the end of June, when social distancing criteria are exp...Read More