Adjusted net income of $143 million, or 79c/share, for the second quarter of 2019 was up 10% yoy."We are confident that our Xylem team will continue to deliver mid-single-digit growth and strong margin expansion in the second half of the year, despite seeing some slowing in Europe," said CEO and president Patrick Decker."As digitization of the water sector drives new demand, we're seeing accelerat...Read More
Low-grade manganese ore prices have given up most of July's gains in the past two weeks due to lower offers and general risk aversion in China. Fastmarkets' manganese ore index 37% Mn, cif Tianjin, dropped 12 cents to $5.39 per dmtu on Friday August 2 after producers reported aggressive counter-bids from buyers in China, prompting them to offer low to secure sales. Some deals were reported as...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to update investors and shareholders on the Company's subscription box service.Recent data from PipeCandy has reported on the definitive interest that has been generated within the industry following Unilever's acquisition of Dollar Shave Club for $1 billion. Following the acquisition, th...Read More
Pan American apologised to the victims and to the community on behalf of Tahoe, which it had acquired in February.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,21457,82645,699141,164429,131499,077532,656 Change from Prior Reporting Period 333-2,805-10,499-34,621-34,493-44,787-47,797 Traders 21061675360287168 Small Speculators LongShortOpen Interest 64,22130,642563,298 -8,774-5,764-53,561 non reportable posit...Read More
SRSrocco The gold and silver prices have held up remarkably well compared to the broader markets as they continue to sell off today. While the Dow Jones Index is down more than 250 points, gold and silver are just slightly lower. However, gold has traded in the green several times today. If we look at the 5-minute chart, we can plainly see that gold and silver have been trading in an opp...Read More
The gold miners' stocks have surged dramatically this summer, catapulted higher by gold's major bull-market breakout. That atypical strength bucking the normal summer-doldrums slump has carried this sector right back to its traditional strong season. That begins with a robust autumn rally starting in late summers. This year's autumn-rally setup is very unusual, but investment buying could...Read More
- Dave KranzlerThe price of gold has rejected numerous attempts by the banks to hammer the gold price below $1400 using paper gold derivatives on the Comex and the LBMA. I have not seen gold behave with such resiliency in the last 19 years when the Comex banks have an extremely large short position in Comex paper.The action in the price of gold is signalling that large buyers are accumulating...Read More
By: Ira EpsteinGold daily chart, had an outside day. Market is caught in the two Bollinger bands. Market is churning here and eventually will breakout of here..Read More
- Stefan GleasonFollowing months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted - or many traders anticipated.The Trump administration wants the Fed to help drive the fiat U.S. dollar lower versus foreign currencies, especially those of major exportin...Read More
- Gary TanashianContrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy.Making an appropriate return after a few months on hiatus, ladies and gentlemen... the Macrocosm.Gold stocks are about counter-cyclicality as gold rises vs. US stocks...Gold rises vs. Glo...Read More
China imported 52.6 million tonnes of bauxite in the first six months of 2019, up by 30.2% year on year, according to official but unconfirmed data seen by Fastmarkets. This compares with the 40.4 million tonnes imported in January-June 2018. The increase was largely attributed to supply tightness in the Chinese domestic market, resulting from supply-side disruptions amid frequent environmental in...Read More
Gold Options Doubled Today (August 1) in Hours... If you followed the gold recommendation I made here yesterday you could have doubled your money. Many of my subscribers did. Here's how:Read More
There was massive short covering in yesterday's gold rise. Yen crashed against the US dollar while gold rose. This is safe haven demand is nothing else. Trump said that he will impose additional ten percent tariff on the remaining $300 billion Chinese imports from September 1. There is recession fears and more global trade war fears. Gold is bound to rise more. Chinese retaliatory action will be...Read More
Gold futures settled with loss on Thursday after a Federal Reserve rate cut failed to stem strength in the U.S. dollar Prices for the metal, however, climbed in electronic trading Thursday afternoon, as U.S. President Donald Trump's latest threat of additional tariffs on Chinese goods lifted demand for the haven metal. In a tweet, Trump said that "trade talks are continuing, and during talks the U...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Gold futures finished lower Wednesday, then extended their decline in to the electronic trading session after the Federal Reserve reduced its key interest rate by a quarter point, as expected. The yellow metal sold off shortly after the Fed news, but Jeff Wright, executive vice president of GoldMining Inc., said he does not expect prices to dip below $1,400 as "the FOMC cuts 25 basis points and al...Read More
Price movements in the global ferrous scrap markets were mixed in the past week. Poor demand in India and Turkey caused prices to fall or remain stable, but Asian scrap buyers have accepted increased prices because of higher settlements in the domestic market of the principal supplier, the United States. Weak downstream markets keep Turkish mills away from spot market Higher freight cost pushes do...Read More
Soaring iron ore prices have pushed Chinese hot metal costs up above those for ferrous scrap over recent months, stimulating greater use of the secondary raw material, according to calculations by Fastmarkets' research team. Fastmarkets' Steel Cost Service updates for the first and second quarters of 2019 detail average global integrated (BOF-route) plant's crude steel costs rose to an average of...Read More