Physical iron ore prices weakened further on Thursday November 7 amid losses in derivatives markets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $83.17 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $83.20 per tonne, down $0.09 per tonne.62% Fe low-alumina fines, cfr Qingdao: $82.05 per tonne, down $0.81 per tonne.58% Fe fines high-premium, cfr Qi...Read More

The price for steel rebar in Egypt decreased in the week ended Thursday November 7 even as imports costs for steel billet rose, sources told Fastmarkets.Egyptian rebar producers were offering rebar at E ?9,600-9,900 ($592-610) per tonne ex-works including 14% VAT, down from last week's E ?10,400-10,900 per tonne ex-works including VAT. Sales were made at E ?9,500-9,800 per tonne ex-works including...Read More

Bob Moriarty of 321gold discusses the implications of the drill results the company released at its gold project in Fiji. Lion One TuvatuWhen I found out Quinton Hennigh was going to be a geological advisor to Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) back in early 2019, I wrote about them. They just announced results that pretty much prove what I was trying to say. In technical terms, they h...Read More

"Michigan is currently stealing from people across the state...Counties have been authorized to take not just what they are owed, but to take people's life savings."Continue...Read More

Further drilling is planned to increase the project's now existing resource. TerraX Minerals Inc. (TXR:TSX.V) announced in a news release that an initial mineral resource estimate was prepared for its Yellowknife City gold project in the Northwest Territories.The Inferred resource is an estimated 735,000 ounces (735 Koz) and composed of two parts. One is a pit-constrained Inferred resource of 11....Read More

China's domestic rebar prices edged up further on Thursday November 7 on declining inventory levels, though the futures market registered a drop on a pessimistic outlook.Eastern China (Shanghai): 3,730-3,760 yuan ($532-536) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,650-3,670 yuan per tonne, up 10 yuan per tonnesRebar inventory levels in the spot markets of major Chinese cities wer...Read More

Trade buzz boosted stocks todayThe Dow surged higher today, on news the U.S. and China plan to begin rolling back tariffs to increase the chances of a trade deal. The blue-chip index recorded another all-time high, as did the S&P 500 Index and Nasdaq. Two of the best sectors were tech and financials, while investors also watched the 10-year Treasury yield rise the most since the last presidential...Read More

ARLO calls are crossing at 45 times the average intraday pace todayHome automation company Arlo Technologies Inc (NYSE:ARLO) is slated to report third-quarter earnings after tonight's close. ARLO stock has a dismal history of earnings reactions -- having closed down double-digit percentage points following three of the firm's last four reports -- but one options trader today is betting on a major...Read More

Nickel supply prompted the most heated discussions among market participants at the annual Antaike International Nickel & Cobalt Conference in Yichang on November 5-6, especially those involved in the electric vehicle (EV) battery raw materials supply chain, because of volatilities in the past two months. Meanwhile, the looming closure of Glencore's Mutanda copper-cobalt mine in the Democrati...Read More

Options volume has ramped up on EXPE and TRIP today in responseThe U.S. stock market is continuing its torrid pace, soaring this time thanks to optimistic trade buzz. However, three stocks stocks sitting out the surge today are travel names Expedia Group Inc (NASDAQ:EXPE) and TripAdvisor Inc (NASDAQ:TRIP), as well as biotech concern ObsEva SA (NASDAQ:OBSV). Here's a quick look at what's moving the...Read More

Upbeat U.S.-China trade news is lifting industrial stocks todayGeneral Electric Company (NYSE:GE) surged into double-digit territory in late October, as Wall Street cheered the industrial conglomerate's impressive earnings report. GE stock has yet to look back, and is up 2.6% today at $11.30, earlier hitting a new annual high of $11.31, on positive U.S.-China trade headlines, and pacing toward its...Read More

Walmart, Canada Goose, and J C Penney will reportThe Federal Reserve will be in focus next week, with a handful of speeches from central bank officials -- namely Fed Chair Jerome Powell -- on tap, along with a pair of key inflation updates. The retail sector will also be on Wall Street's radar, with earnings from several retailers, including Walmart (WMT), starting to roll in ahead of the critical...Read More

LONDON, 4 November 2019 - Comment from BullionVault features in a gold-price report posted today on MSN, the web portal and news-site run by I.T. giant Microsoft.Weighing against gold right now are rumours of a US-China trade deal, plus the US Federal Reserve "talking up a 'pause' in its rate cuts" MSN quotes Adrian Ash, director of research at BullionVault.But global economic growth is weakening...Read More

Hebei Steel, China's second largest steel mill, has announced its purchase price for silico-manganese will be 6,100 yuan ($870) per tonne for November delivery, down by 1,200 yuan per tonne from its October tender price, market sources told Fastmarkets on Thursday November 7. This compares with the October delivery tender price set at 7,300 yuan per tonne in late September. Hebei Steel releas...Read More

LONDON, 3 November 2019 - BullionVault tips and money-saving suggestions are quoted at length today in a full-page article about buying gold for investment in the finance section of the Mail on Sunday, the UK's best-selling mid-market tabloid newspaper.Asked about British gold Sovereign coins - sometimes promoted as 'rare' or highly collectible - "Do not feel pressured into buying due to a special...Read More

URI had been an attractive target for premium buyers over the past yearSubscribers to Schaeffer's Weekly Options Countdown service just scored a nice profit on the United Rentals, Inc. (NYSE:URI) weekly 11/1 132-strike call. Below, we'll explain why we expected a big surge from URI, and how the winning trade unfolded in just one week.At the time of our initial recommendation on Sunday, Oct. 27,...Read More

LONDON, 24 October 2019 - Comment from BullionVault is quoted today by MarketWatch, the US finance news-site from the Dow Jones group of companies."Gold does best when people lose faith in central bankers," the report quotes Adrian Ash, director of research at BullionVault in London - and today saw the last policy announcement from retiring European Central Bank president Mario Draghi, plus contin...Read More

HALO puts have been popular recentlyHalozyme Therapeutics, Inc. (NASDAQ:HALO) is trading 1.2% lower today at $16.70, taking a breather after a 10.5% gap higher on Tuesday following corporate restructuring news. Despite today's pullback, the shares could be flashing a long-term buy signal right now, if past is precedent.More specifically, data from Schaeffer's Senior Quantitative Analyst Rocky Whi...Read More

LONDON, 1 October 2019 - Comment from BullionVault is posted today on the news pages of major US investing platform Fidelity."Monday's quarter-end sell off in gold was ugly but not surprising," the report quotes Adrian Ash, director of research at BullionVault, in comments first made to news-site MarketWatch. You can read Adrian's view - also syndicated to US investing platform TD Ameritrade - in...Read More

We wrote a very telling research article on October 24th, 2019.  We never published it because we had other articles scheduled to be published over the next few weeks in the queue and because our subscribers get our trade alerts before the general public. At this point, we are sharing that past article as well as some current research for Natural Gas that should be very interesting to you.Pay...Read More