A summary of Nornickel's production results for the first half of 2019In brief Nornickel increased production across all base metals, particularly copper, and platinum-group metals in the first half of 2019. Refined nickel output fell 4% in the second quarter of 2019 from the first quarter to 54,000 tonnes, which reflects scheduled maintenance at the...Read More

You have to love it when a plan comes together.For the Saudis, it was a question of how on earth they could deal with the booming Permian Basin.To put it lightly, the U.S. oil industry was a thorn in the side to Saudi Arabia.This year, however, a revelation came to light regarding Saudi Arabia's pride and joy - the Ghawar oil field - that was even more harmful to the House of Saud.For decades, rou...Read More

* GRAPHIC-2019 asset returns: (Adds aluminium spreads, updates prices)By Eric OnstadLONDON, July 31 (Reuters) - Lead touched a two-week low onWednesday after inventories piled up and a major refineryassured consumers that a maintenance stoppage would not resultin shortages.Markets were on edge ahead of a second set of Chinesefactory data due on Thursday and an expected U.S. interest ratecut later...Read More

Here is the video summary of the July 31st INK Morning report where we take a look at Husky Energy's (HSE) journey back to free cash flow.INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Script:Husky Energy expects to deliver $800 million in free cash flow this year and $3 billion by 2023.If the company succeed...Read More

Here is the video summary of the July 30 INK Morning report where we provide a rebuttal to the deflationary case and highlight InterRent REIT (IIP.UN) as a stock that could benefit from continued inflation.INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Script:We hear a lot of talk about deflation coming back,...Read More

A summary of Glencore's production results for the half year ended on June 30, 2019, as well as its adjusted full-year production guidance.In brief Glencore's copper production totaled 663,000 tonnes in the first six months of 2019, marking a 5% decline against the same period of 2018. The company attributed the fall to the open-cut depletion at Alumbrera in Argentina and the sale of the Punitaqui...Read More

Asian equities were weaker in the morning of Wednesday July 31 on uncertainty on the progress in US/China trade negotiations, although base metals, which have focused more on brighter Chinese manufacturing purchasing managers' index (PMI) data, rose by an average of 0.4%. Chinese manufacturing PMI rises to 49.7 in July, from 49.4 in June. Busy day ahead for economic data. Market awaits U...Read More

A fresh wave of stockpiling activities boosted the Chinese cobalt metal spot market price on Wednesday July 31. Fastmarkets assessed the price of cobalt 99.8% Co min, exw China at 222,000-232,000 yuan per tonne ($12.83-13.53 per lb, minus China VAT) on Wednesday, up 0.9% from 220,000-230,000 yuan per tonne on July 26. Renewed speculative buying this week was prompted by a combination of an ea...Read More

Chinese subsidy reforms will cool down the electric vehicle (EV) market and weigh on battery demand in the second half of 2019, Umicore chief executive officer Mark Grynberg said in a conference call on Wednesday July 31.The Belgian battery raw materials producer maintained a forecast for stable or falling income in 2019 when it reported its results for the first half of the year on Wednesday. Pro...Read More

Chinese cobalt metal exports jumped up in June due to strong overseas traders' buying appetites on appealing arbitrage profits, Fastmarkets learned.A total of 279 tonnes of cobalt metal were shipped outside China in June, up by 6.4% from 170 tonnes in May, according to official, but unconfirmed, data seen by Fastmarkets. The spike in metal outflows in June also brought total exports of the blue me...Read More

- Dave KranzlerRegardless of the Fed Funds rate policy decision by the FOMC today, the economy is spinning down the drain. Lower rates won't help stimulate much economic activity. Maybe it will arouse a little more financial engineering activity on Wall Street and it might give a temporary boost to mortgage refinancings. But the economic "recovery" of the last 8 years has been an illusion base...Read More

By: Ira Epstein$1,425.60 keeps the gold price bias to the upside:Read More

Sales at Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) dropped by 12.1% in the second quarter from a year earlier because of weakness in markets both at home and abroad, it said.Its sales volumes totaled 1.16 million tonnes in April-June, down from 1.32 million tonnes in the second quarter of last year, it said in its earnings report on Tuesday July 30. The faltering Brazilian economy...Read More

Domestic prices for hot-rolled coil (HRC) in the EU have inched down over the past week due to slow trading, sources told Fastmarkets on Wednesday July 31.Demand was expected to be almost nil in August due to the seasonal slowdown, and although the market will recover in September, sources believed that generally activity will remain poor.Fastmarkets' weekly price assessment for steel HRC, domesti...Read More

David Stockman appears on "Cavuto: Coast to Coast" (Fox Business Network, July 31, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner...Read More

Will Lehr of www.PerpetualAssets.com interviews Jim Willie of www.Golden-Jackass.comJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More

Marc Faber looks at what the global economy and markets are telling us and the brewing global pension crisis.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham...Read More

"I think that Trump is likely to lose the next election because I think the U.S. economy can easily be in recession."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, an...Read More

My God, if you're three years old and you're saying you're feeling a certain way or you think you're a boy or a girl or whatever the case may be, I Continue...Read More

Despite the finger-pointing and outcries of dismay from those who are watching the government discard the rule of law at every turn, the question is not whether Continue...Read More