- Dave KranzlerI originally shared this analysis with my Mining Stock Journal subscribers in the October 17th issue. I sent it to Peter Spina at Goldseek.com because I saw the idea from one of his tweets a few weeks earlier. It's rare when the market mis-prices a larger cap producing mining company, thereby allowing aggressive investors an opportunity to buy into a high quality operati...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 329,16958,249101,409203,374505,657633,952665,315 Change from Prior Reporting Period -17,3562,4297,518-546-21,050-10,384-11,103 Traders 19458745550273163 Small Speculators LongShortOpen Interest 56,05124,688690,003 -62990-11,013 non reportable positionsCha...Read More
Japan is the canary in the bankers' coal mineBy: Darryl Robert Schoon"Japanification" describes a severe and prolonged deflationary state in which demand drops, prices and wages fall, and economic activity remains moribund for decades. Japan has been trapped in a deflationary state since the collapse of the Nikkei stock market bubble in 1990.Seventeen years after the collapse of the Nikkei, in T...Read More
By: Ira EpsteinGold was thrown back by the end of the day, higher lows and higher highs:Read More
There can be some calendar year end profit taking in gold by medium term investors and hedge funds IF and WHEN the details of US-China signed trade deal are known. I am not writing off gold and silver at the moment. I will prefer to read the full details of the trade deal and then take a call on short term investment decision in gold and silver. However I will prefer selected Indian stocks over...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Today's guest, Rob Kirby, shares his thoughts on the economy and why he feels the world will be running from dollars in the next decade. During our discussion Rob outlines how this current monetary system needs more debt and credit creation or else. Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He a...Read More
Turkish steel producers have continued to make deep-sea scrap purchases on Friday December 13, with prices climbing higher, sources said.A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 24,000 tonnes of HMS 1&2 (80:20) at $299.50 per tonne, 3,500 tonnes of bonus at $309.50 per tonne and 2,500 tonnes of busheling at $314.50 per tonne cfr.A steel mill in the Marmara region book...Read More
'He was proud to wear it. He wore it to School, but due to immediate bullying he put it away & didn't wear it to school again, sadly the damage was already done & [he] was now a target,' Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Max interviews Dave Collum, professor of organic chemistry at Cornell University and a libertarian with an annual year in review newsletter. They discuss 'quantitative failure' and share buybacks. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes...Read More
US Trade Representative Lighthizer has released some details of the phase one US-China trade deal... there's just one big elephant in the room that is raising a few eyebrows.href="https://www.zerohedge.com/geopolitical/lighthizer-confirms-china-pledged-40bn-ag-buys-next-year-there-just-one-problem" rel="noopener" target="_blank">Continue...Read More
Daniel Rosen, Rhodium Group founding partner, and Matthew Slaughter, dean and professor of international business at the Tuck School of Business at Dartmouth, join "Squawk Box" to discuss the prospects for a U.S.-China trade deal.Read More
For those confused about what the US and China actually agreed on after months of negotiations and all that confusion in the past few hours, here is the bottom line,from the USTR: "The United States Continue...Read More
Newsletter writer David Erfle is extremely bullish on mining stocks for the coming year. They're outperforming the metal and they've made higher lows. Once this consolidation period is over, they're most certainly heading higher, probably to new highs. There's so many good companies out there and David talks about 3 of them. Always a great dialogue.Read More
The gold stocks are acting bullishly and could be just waiting on the metals before launching the next impulsive advance. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDaily...Read More
Prices in the CIS export billet market moved up during the week to Friday December 13, as mills achieved higher prices for deals, supported by the uptrend in global semi-finished steel markets and the ongoing increase in scrap prices.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $411 per tonne on Friday December 13, up by $9 per tonne over the week.Several cargoes of Russi...Read More
Metinvest sees stable growth in global steel consumption and potential consolidation in the steel industry driving the profit pool from 2020, with a shift in distribution away from iron ore miners and towards steelmakers, according to sales director Dmitry Nikolayenko."This year has been very interesting from the point of view of profit pool distribution. There was a combination of factors that pu...Read More
Tim Johnson, CEO of Granite Creek Copper, sits down with Maurice Jackson of Proven and Probable to discuss the copper market, his company's exploration plans in the Yukon and its recent purchase of a 30% stake in its neighbor. Maurice Jackson: Joining us for conversation is Tim Johnson, the president and CEO of Granite Creek Copper Ltd. (GCX:TSX.V). It's a pleasure to have you back to provide us...Read More
Prices in Southeast Asia's steel billet market jumped on Friday December 13 amid the continued presence of Chinese importers in the spot market and an upswing in scrap prices in the bellwether Turkish market. At least 35,000 tonnes of Malaysian and Vietnamese billet have been sold to China at $433-435 per tonne cfr since last week. Billet from Southeast Asia is preferred among Chinese importers du...Read More