Analysts go overweight on HZNP and BMY sharesTwo names enjoying positive analyst attention this morning are drug concerns Horizon Pharma PLC (NASDAQ:HZNP) and Bristol-Myers Squibb Co (NYSE:BMY). Here's how the shares of HZNP and BMY stocks are trading this morning following the upbeat brokerage notes. HZNP stock was upgraded to "outperform" from "market perform" at BMO, which also lifted its price...Read More

Craig HemkeAs global interest plummets to historically negative levels and as the U.S. bond market reveals a deeply inverted yield curve it's time again to assess what all of this means for the precious metals investor.Just yesterday, a fellow on CNBC remarked that "no one had seen this coming". By "this", he meant a sharp rally in both gold and bonds. Oh really? We write these articles for Spro...Read More

By: Ira EpsteinGold still up on the week. This pullback may not have been a cap on the gold rally. Was this a one day event?Read More

Trump and his delay of additional trade tariff will not have any impact on gold and silver. Yesterday's fall was just an excuse to book some profit. Long term bullish factors such as de-dollarization, central bank buying and interest rate cut trend is here to stay. Even corrections up to $1370 (if any) will be a part of the bullish trend. Silver will rise. I do not foresee it falling below $158...Read More

The apparel concern reported an earnings and revenue beat, but weak quarterly profit margins Outerwear manufacturer Canada Goose Inc (NYSE:GOOS) is down after stepping into the earnings confessional this morning and posting a second-quarter earnings and revenue beat, thought profit margins were weaker than expected. The company cited a higher portion of its sales going to department stores for the...Read More

The yield on 10-year Treasury note fell below the 2-year Treasury yield Dow Jones Industrial Average (DJI) futures are taking a beating this morning, trading more than 300 points below fair value. This has the blue-chip index on track to pare the bulk of the gains from yesterday's trade-induced rally. Bank stocks are under the most pressure, after the yield on the 10-yearTreasury note fell below...Read More

The U.S. Treasury yield has fallen below the S&P dividend yieldFor the longest time, it was generally accepted that bond yields would be higher than stock dividend yields. Stocks, through stock price appreciation, have potential for huge returns that aren't possible with bonds. Stocks have outperformed bonds over the long-term, and one of the costs of these higher returns was lower yields from sto...Read More

A series of press reports relating to the changes in Indonesia's nickel ore export ban policy amid volatile nickel prices on the London Metal Exchange has left market participants baffled, Fastmarkets understands.The latest news regarding Indonesian nickel exports claims that Indonesia's President Joko Widodo will make the final decision on whether the country will bring an export ban on mineral o...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 14.Please click...Read More

Black Snow Capital founder Alexander Campbell foresees problems in the Chinese banking system leading to money-printing.He likes buying gold denominated in renminbi to take advantage of possible Chinese capital flight.As an alternative, he likes buying call spreads on the GLD ETF, with a long expiry. There is huge potential for an outflow of capital from China's banking system into gold, Black Sno...Read More

The three-month price of zinc on the London Metal Exchange continued to slide at the close of trading on Wednesday August 14, slipping below the support level at $2,300 per tonne amid a 2.8% selloff, while tin futures held on to gains above the $17,000 per tonne threshold.Volumes traded over the day were moderately low, with copper's 13,234 lots topping the complex, while 11,200 lots of aluminium,...Read More

In the United States, the nickel 4x4 cut cathode premium weakened on the high end while nickel briquette premiums held their wide range, European market players eyed the forward curve and Chinese players maintained focus on the import window. US 4x4 nickel cut cathodes respond to falls from cheaper nickel forms European premiums steady but backwardation may signal a future sell-off Chinese premium...Read More

As the silver price continues to rally, some interesting signs have emerged...Chris Marcus from Arcadia Economics interviews David MorganAs the silver price continues to rally, some interesting signs have emerged. And given all that's happening, I was fortunate to talk with David Morgan of The Morgan Report. Who may well be more qualified than just about anyone in the world to make sense of what'...Read More

The banks have had some success in covering their shorts. Here's Harvey with the details...by Harvey Organ of Harvey Organ BlogAUGUST 12/SILVER SHORT COVERING BY THE BANKS: SILVER IS UP 11 CENTS TO $17.08//GOLD UP %7.30 TO $1506.10//PROTESTERS CONTINUE TO PLAY HAVOC IN HONG KONG//MAINLAND CHINA HAS THEIR ARMY ON FULL ALERT READY TO CROSS OVER FROM SHENZEN//REPO RATES RISE TO 8% AS BANKS IN CHINA D...Read More

Silver is a very misunderstood metal, but for Keith, silver is a...Palisade Radio interviews Keith NeumeyerKeith discusses the early days of building First Majestic Silver. People thought he was crazy to start a silver company, but they are now one of the top five silver producers on the planet. Silver is a very misunderstood metal, but for Keith, it is a strategic metal that the world will contin...Read More

The price of steel rebar in the domestic market of Northern Europe has been stable over the past week amid subdued trading that is typical for this time of year, sources told Fastmarkets on Wednesday August 14.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?500-520 ($560-582) per tonne on Wednesday.The market slowdown in the north...Read More

An overview of the noble alloys markets and the reasons for any price moves.Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday August 14 that are worth another look.A series of press reports relating to the changes in Indonesia's nickel ore export ban policy amid volatile nickel prices on the London Metal Exchange has left market participants baffled, Fastmarkets understands.China announced a third round of copper scrap import quotas on August 14, all...Read More

Chinaannounced a third round of copper scrap import quotas on Wednesday August 14, allowing a select list of importers to bring an additional 87,680 tonnes of copper scrap into the country by the end of 2019, according to the Bureau of International Recycling.The list of waste import quotas, which covers waste and scrap forms of of aluminium, copper, ferrous metals and paper, was published by...Read More

Resumed buying activity in the United States amid a low outright tin price caused tin ingot premiums to widen this week, while questions surrounding physical demand continue to cap premium ranges in Europe and Asia. US market reports uptick in buying momentum  European traders cautious of tightening spreads  Demand woes keep Asia premium static US range widens on countervailing trends T...Read More