Popular News

Locking up LNG Profits in 2020

October 30, 2019 / www.energyandcapital.com

What is the future of natural gas?At first glance, it's an easy answer: It's LNG, isn't it? That's probably the first thing that pops into the head of any investor looking to get a jump on natural gas investments... and it should.Just consider the growth.The first application to export liquefied natural gas out of the U.S. arrived on the Department of Energy's doorstep back on August 11, 2010. It...Read More

Chinese cobalt intermediates imports up 24.5% in Q3 vs Q2

October 31, 2019 / www.metalbulletin.com

China's imports of cobalt intermediates, including cobalt hydroxide, surged by 24.5% in July-September versus the prior quarter amid extensive procurement from Chinese consumers, who looked to take advantage of falling cobalt raw material prices during the period.China imported 85,571 tonnes of cobalt intermediates in the third quarter of this year, up from the 68,717 tonnes shipped in April-June...Read More

Liberty Steel assets to merge into single global group, to adopt neutral carbon business strategy

October 31, 2019 / www.metalbulletin.com

The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.It claimed this will give the new group 18 million tonnes of rolled steel capacity annually, making it the eighth largest steel producer outside China, with annual sales of approximately $15 billio...Read More

CHINA HRC: Prices stable but pessimism looms

October 31, 2019 / www.metalbulletin.com

China's hot-rolled coil prices remained stable for a third day on Wednesday October 30 with mills receiving a steady stream of orders, though stockists drew down their inventories on a bearish outlook for the market.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($495-498) per tonne, unchangedNorthern China (Tangshan): 3,500 yuan per tonne, unchangedSteady downstream demand kept prices flat du...Read More

IN CASE YOU MISSED IT: 5 key stories from October 30

October 31, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Wednesday October 30 that are worth another look.The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.Japanese copper producer Pan Pacific Copper (PPC) has offered its Chinese customers co...Read More

EUROPE SECTIONS: Prices flat despite falling feedstock costs

October 31, 2019 / www.metalbulletin.com

Prices for hollow steel sections in Northern and Southern Europe were unchanged this week even as feedstock costs continued to fall, market sources told Fastmarkets on Wednesday October 30.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?560-580 ($621-644) per tonne on Wednesday, unchanged week on week. "We have adjusted our pri...Read More

EUROPE SECTIONS: Prices stable but under pressure from challenging market conditions [CORRECTED]

October 31, 2019 / www.metalbulletin.com

Prices for hollow steel sections in Northern and Southern Europe were unchanged this week despite pressure from imports and recent feedstock costs, market sources told Fastmarkets on Wednesday October 23. Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?560-580 ($623-646) per tonne on Wednesday, unchanged week on week. Costs for the feeds...Read More

16 Tons and A Briefcase

October 30, 2019 / news.goldseek.com

Gary Christenson, The Deviant InvestorTennessee Ernie Ford sang about the plight of coal miners decades ago. His song remains relevant in today's increasingly crazy world."You load sixteen tons, what do to you getAnother day older and deeper in debtSaint Peter don't you call me 'cause I can't goI owe my soul to the company store."The owners paid in script which coal miners used as currency. Scri...Read More

Bitcoin Myths

October 30, 2019 / news.goldseek.com

Keith Weiner, Monetary MetalsKeith gave a keynote address the only speaker with an hour to cover his topic at the Gold and Alternative Investments Conference in Sydney on Saturday. Said topic was the nature of money."Money is a matter of functions four: a medium, a measure, a standard, a store."Most of the talk was structured around discussing these functions. Medium is pretty obvious: the doll...Read More

Gold Resource Corporation Reports Record Third Quarter Gold Production With Net Income of $3 Million, or $0.05 Per Share

October 30, 2019 / news.goldseek.com

Gold Resource Corporation Announces Third Quarter Conference Call Gold Resource Corporation's CEO Mr. Jason Reid will host the conference call Wednesday, October 30, 2019 at 11:00 a.m. Eastern Time. Topics of discussion will include third quarter results and an update on current operations. The conference call will be recorded and posted to the Company's website in three to five business da...Read More

COMEX Gold Ahead of The FOMC

October 30, 2019 / news.goldseek.com

- Craig HemkeWednesday afternoon brings the conclusion of The Fed's latest FOMC meeting, and the remainder of this week brings all sorts of U.S. economic data. All of this will impact gold and silver prices...but in which direction?As you know, prices of both COMEX Digital Gold and COMEX Digital Silver hit their highs for 2019 back in early September, when CDG hit $1565 and CDS reached $19.75....Read More

Precious Metals Update Video: Gold to hit the 18-week moving average?

October 30, 2019 / news.goldseek.com

By: Ira EpsteinGold's move yesterday did a lot of damage to the chart, no more uptrend short-term -- rebuilding pattern:Read More

DAILY SCRAP REPORT: European cargo nudges prices upward

October 31, 2019 / www.metalbulletin.com

A booking of European scrap by a Turkish steel mill came to light and helped to push up prices on Wednesday October 30, sources told Fastmarkets, with many traders returning to work after a two-day public holiday in Turkey.A steel producer in the Iskenderun region bought a European cargo on Friday comprising 22,500 tonnes of HMS 1&2 (80:20) at $248 per tonne and 2,500 tonnes of bonus for $258 per...Read More

James Rickards: The Next Financial Crash is Coming

October 27, 2019 / marketsanity.com

"We're back to the wonderful world of trillion dollar deficits last seen in 2011."Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first...Read More

Jim Rogers on N. Korea as investment destination, global economy, and where the future lies

October 24, 2019 / marketsanity.com

"In 'the land of the free' we're not very free."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In be...Read More

Patriot Act On Steroids: Trump's Dangerous New 'Pre-Crime' Plan

October 30, 2019 / marketsanity.com

Dubbed "The Surge" President Trump through his Attorney General have sent notice to law enforcement across the country that they need to be even MORE militarized and must receive more training on how to identify and punish Americans for crimes they have not (yet) committed. The FBI has a plan to go after "potential" threats by identifying, among others, "anti-government extremists." Who gets to de...Read More

James Howard Kunstler - We May Not Have a 2020 Election

October 30, 2019 / marketsanity.com

"When all is said and done, I am not convinced there is enough there to convict President Trump of anything. At the same time, there is probably going to be a lot of legal actions brought against the people who started this coup against him, and that's going to be extremely disturbing to the Left. I think one of the possibilities is we may not have a 2020 election. In some way or another, the coun...Read More

Rand Paul - Rise of the Zombies: The Unauthorized and Unaccountable Government You Pay For

October 30, 2019 / marketsanity.com

"Annually, Congress provides more than 300 billion dollars to over 1000 programs that have expired."Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophth...Read More

Jeff Berwick (DollarVigilante.com) and Luke Rudkowski (WeAreChange.org) Stormed Epstein's Private Island and Caught It All on Film

October 28, 2019 / marketsanity.com

Jeff Berwick and Luke Rudkowski recently hired a captain and sailed to Little St James Island in the US Virgin Islands, better known as Epstein's "Pedo" Island!Luke's video:Jeff's Video:Read More

Lawrence Wilkerson: Protecting Syrian Oil Is Not the Reason US Troops Are Staying in Syria

October 28, 2019 / marketsanity.com

Protecting Syrian oil that accounts for just 0.2 percent of world reserves is not the reason United States troops are staying in Syria, argues retired Army Colonel Lawrence Continue...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok