Piedmont Lithium Limited (Nasdaq: PLL; ASX: PLL) holds a 100% interest in the Piedmont Lithium Project, located approximately 30 miles west of Charlotte, North Carolina, within the world-class Carolina Tin-Spodumene Belt and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world's lithium between the 1950s and the 1980s. We learned from Keith Phi...Read More
During the golden age of Islam, there was a doctor, chemist, and thinker named Ab?<< Bakr Muhammad ibn Zakariyy?? al-R??z?<<, or Rhazes for short.Rhazes is known for many things, including the identification of smallpox and measles, scientific studies on bloodletting, and the discovery of chemicals, such as alcohol among others.At one point, Rhazes was asked to choose a site for a new hospital in...Read More
Flat steel export prices from the Commonwealth of Independent States (CIS) were stable in the week ending Monday January 27, although the direction prices might take remains unclear because of the opposing moods of suppliers and buyers.Fastmarkets' weekly price assessment for steel hot-rolled coil (HRC), export, fob Black Sea was $475-490 per tonne on Monday January 27, unchanged we...Read More
In our latest Insights newsletter, we focus on the crude inflation challenge facing the Federal Reserve which is set to release its next policy statement on Wednesday January 29th. Our feature video of the week is a contrarian idea that could potentially gain traction with investors in a downturn and our insider of the week has an out-of-consensus view on Canadian natural gas. Read our latest her...Read More
Domestic prices for hot-rolled coil in Northern Europe increased day on day on Tuesday January 28 due to a combination of good order books at EU mills and uncompetitive import offers, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?466.56 ($514.29) per tonne on January 28, up by ?,?5.31 per tonne day on day from ?,?461.25 per tonn...Read More
Some flat steel import prices in the United Arab Emirates and Saudi Arabia decreased this week on lower offers and bids, but demand was weak because buyers wanted to see which direction the market would take after the Chinese new year holiday, sources told Fastmarkets on Tuesday January 28.The lunar new year break started on January 25, and was expected to end on January 30. But the outbreak of a...Read More
The United States' steel imports declined by nearly 18% in December compared with the same month in 2018 but rose by 0.5% sequentially.Steel mill product imports totaled 1,409,279 tonnes in the final month of last year, according to preliminary data updated on Monday January 27 by the US Commerce Department's Enforcement and Compliance division. That's down from 1,717,818 tonnes in Dece...Read More
Domestic and import prices for steel rebar in the United Arab Emirates changed over the past week, while demand was moderate because buyers wanted to wait for the direction of prices after China returns from the Lunar New Year holiday, market sources said on Tuesday January 28.The Chinese New Year holiday break began on January 25 and will end on February 2 after the Chinese government ordered an...Read More
Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will not be publishing the following daily and weekly steel prices on Friday January 31. Steel hot-rolled coil index export, fob main port China, $/tonneSteel hot-rolled coil domestic, ex-whs Eastern China, yuan/tonneSteel cold-rolled coil domestic, delivered Eastern China domestic, yuan/tonneSteel plate domestic, delive...Read More
Mexican steel scrap prices changed little in the week ended Friday January 24, with market participants waiting to see a clearer definition of the international price trend.Until the previous week, Mexican prices had shown consecutive price rises, but this was interrupted by a shift in the global trend for the raw material.Fastmarkets' weekly assessment of the steel scrap No1 heavy melt consumer b...Read More
The Turkish deep-sea scrap import markets have remained quiet since yesterday, with both sellers and buyers holding back from the markets, sources said on Tuesday January 28.The mills in Turkey have booked only two deep-sea cargoes in the past two weeks because of the sluggish rebar and billet markets in the country.Late on January 22, a steel mill in the Iskenderun region booked a UK cargo compri...Read More
Saturday marked the Chinese Lunar New Year, a time when as many as 400 million people ordinarily travel to visit family and go on vacation. Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day celebration, while some 79 million passengers were expected to take flights, up more than 8 percent from 73 million a year earlier. The new Daxing International Air...Read More
Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More
Dave KranzlerThe mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for the formation of the CPFB in the first pl...Read More
Rob KirbyA very short preamble to what follows is this: Frank Veneroso did foundational work that led to the creation of GATA [Gold Anti-Trust Action]. Frank Veneroso's utterances in this regard originated from information fed to him back in the 1990's about gold lending and swapping via Central Banks and Bullion Banks by Bank of England gold head - Terry Smeeton. Bill Murphy had intimate...Read More
By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
"It's time to sell. We are totally out of stocks. . . . There is a difference between insiders and small investors. Small investors are upset if they miss another two or three percent to the upside, while the big investor is afraid they can lose 40% to the downside. I am afraid they can lose 40% to the downside. I am standing aside unless I see something totally different."Charles Nenner founded,...Read More
Bob Moriarty the founder of the websites 321gold.com and 321energy.com sits down with Maurice Jackson of Proven and Probable to discuss geopolitics, bursting bubbles, and some unique buying opportunities for speculators. Hear from one the most highly regarding minds, as he shares his thoughts on the impeachment trial of President Trump, and the impacts that it may have domestically as well as glob...Read More
For Parts 1 & 2 of this video series, CLICK HEREFor Part 3 of this video series, CLICK HEREFor Part 4 of this video series, CLICK HEREThe coronavirus has all the hallmarks of a true Black Swan event. In addition to presenting a major public health risk, the coronavirus is already doing serious economic damage. China, the world's second-largest economy, is essentially "closed for business" right no...Read More