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 still fu...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 still fu...Read More
Aug 02, 2019 Guest(s): Dambisa Moyo There is a serious mismatch between the long-term problems our society faces and the short-sightedness of our policy makers, according to New York Times best-selling author, Dambisa Moyo. "These long-term economic challenges from demographics, to income inequality, to natural resource scarcity, and issues around debt...these are long-term economic issues that...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down Friday, as President Donald Trump's recent threat to levy 10% tariffs on an additional $300 billion of Chinese imports overshadowed the latest U.S. jobs data. Shares of Nike (NKE - Get Report) were falling as Trump's China tariff threat hit the retail sector. Nike is Real Money's Stock of the Da...Read More
Aluminium billet in the United States on Friday August 2 traded at its lowest premium since 2017 due to weak demand, while premiums in Europe, Brazil and Thailand were flat in quiet trading conditions. US premium falls to lowest since February 2017No change in quiet European marketBrazilian market flat on weak economyThailand market unchanged due to stable supply US billet upcharge sinks to Februa...Read More
Three-month base metals prices on the London Metal Exchange were predominantly weaker at the close of trading on Friday August 2, with copper leading losses and falling by some 2.2% to reach its lowest level since June 2017 amid a sharp sell-off across the complex.Largely prompted by fresh tariff threats against China from United States president Trump, investors took caution and reduced risk-expo...Read More
Adam HamiltonArchivesAug 02, 2019 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, bu...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday August 2. China UG2 chrome ore prices rose for the fourth consecutive week amid steady consumer demand.Transaction volumes were lower than in previous weeks, indicating that the recent surge in buying activity may be slowing.Domestic ferro-chrome spot prices remained stable following the release by...Read More
Trump tweeted that US officials had just returned from "constructive" talks with China, but again blamed China for backing out of a trade deal three months ago. He said while talks would continue, from September 1, the US would impose a 10% tariff on US$300 billion of goods being imported from China."We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal,...Read More
Ferrexpo (LSE: FXPO) said its revenue increased 28% year-on-year to US$787 million in the June quarter due to higher prices and an increase in sales. The company's underlying EBITDA was up 59% yoy to $372 million, and profit after tax was up 78% to $270 million.The company's declared interim ordinary dividend was up 100% year-on-year to 6.6c.Capital investment doubled to $114 million and its net d...Read More
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