Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw China, yuan/tonne. Fastmarkets lith...Read More
Prices for cobalt metal, salts and intermediates rebounded in August, sparked by lower prices that encouraged restocking and momentum stemming from anticipated tightness after Glencore announced it will close its Mutanda copper-cobalt mine in the Democratic Republic of the Congo (DRC) by the end of this year.Price movesBenchmark cobalt prices rebounded firmly in August amid expectat...Read More
Demand for flat steel products in Turkey was weak in August because of the seasonal summer slowdown as well as falling prices, market participants have told Fastmarkets.And local producers have now filled their order books until late October, they said on Thursday September 5.Turkish steel prices increased on May 17 after the import duty into the United States, which was applied at a rate of 50% i...Read More
China's domestic hot-rolled coil prices continued to rise on Thursday September 5 on declining inventory levels, which encouraged mills to raise their export offers.DomesticEastern China (Shanghai): 3,690-3,700 yuan ($516-517) per tonne, up 10-20 yuan per tonneNorthern China (Tangshan): 3,640 yuan per tonne, narrowing upward 10 yuan per tonneA domestic steel consultancy said that spot markets arou...Read More
* Mp3 format. Recap.John Williams of Shadowstats.com returns to the show with a disruptive economic forecast.Shadowstats.com's analysis mirrors the work of Boston University Economist, Professor Kotlikoff.The nation may be facing a solvency crisis if long-term obligations continue to accumulate.John Williams finds that up to $80 trillion is required to keep the house-of-cards from implodin...Read More
Daniel AmermanThe fears of imminent recession have been multiplying, and this has led to 1) plunging long term bond yields; 2) yield curve inversions and near inversions; and 3) a fearful Federal Reserve going into "dovish" mode in the attempt to prevent such a recession.We've been here before, or at least we have with regard to those three particular components in combination. And the result wa...Read More
The import price for steel billet in Egypt fell in the week ended Thursday September 5, with market activity limited by buyers who were waiting until a court decides on the imposition of an import safeguard duty on the expectation that prices will subsequently fall. Egypt's Administrative Court suspended temporary safeguarding duties on billet and rebar in July, prompting a flurry of legal activit...Read More
By: Ira EpsteinGold at a key price level, having a challenge to go higher. Key area in play..Read More
Silver is the talk of the town. Silver has finally started showing its true colors. New silver traders and investors were surprised by recent price move. I have seen a lot of zoom and bust in silver since 2001. I have been fascinated by silver due to its uses. Silver is still a poor man's gold compared to gold. One should invest in silver even at current prices. Silver is still highly undervalue...Read More
Trading activity in China's domestic rebar market picked up on Thursday September 5 due to an open arbitrage window between physical and futures prices. Domestic Eastern China (Shanghai): 3,650-3,680 yuan ($510-514) per tonne, up 20 yuan per tonneNorthern China (Beijing): 3,640-3,660 yuan per tonne, up 30-40 yuan per tonneA gap of about 200 yuan per tonne between spot prices in eastern China and t...Read More
It's just the math, and Egon's being conservative with his inputs. Gold & silver are going higher in price, much higher, and Egon joins us to explain exactly why, and, more importantly, what's coming to global markets and the global economy.Egon sat down with Half Dollar on Thursday for a robust discussion on:- What is going on now in the global economy, and how does it compare to Nixon Closing th...Read More
Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street....Read More
"I think it goes up to $10,000. I don't think it's going to happen in the next 12 months, but I think the supply of gold, peak gold is there. The supply of gold is not growing. GDP per capita is still strong in China and India and Southeast Asia. 60% is bought for love, and that's a steady demand for gold," Holmes said.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors,...Read More
Jeff's article: https://goldsilver.com/blog/what-a-go...Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors:...Read More
Rick Rule, President & CEO of Sprott USA Holdings, speaks with us again on SBTV as we discuss why math alone is supporting the case for gold and silver, and dissect investor psychology to distinguish the habits of winners and losers in bull and bear markets.Discussed in this interview:01:32 Main reason for the rally in gold prices in 201904:12 Magnitude and duration of gold bull markets08:55 What...Read More
Michigan has become the first state to ban the sale of flavored e-cigarettes after its health department declared youth vaping a public health emergency. Continue...Read More
It's hardly surprising The New York Times and The Washington Post didn't bother to report on the rally at the British Home Office in support of Julian Assange.Continue...Read More
Fred Hickey, editor of the investment newsletter The High-Tech Strategist, sees greater excesses in financial markets than during the dotcom bubble. The veteran investor tells whereContinue...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More