Prices in the European domestic stainless steel market were stable this week but decreases are likely either late in May or early in June because of falling nickel prices as well as generally weak market conditions, sources said. Fastmarkets MB assessed the price of grade-304 stainless steel cold-rolled (CR) sheets at ?,?2,240-2,300 ($2,510-2,577) per tonne delivered on Friday May 10, unchanged we...Read More
China's stainless steel prices were unchanged over the past week, with trading activity in the market being described as stable.The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,500 yuan ($2,065-2,139) per tonne including value-added tax for the week ended Wednesday May 8, unchanged from two weeks earlier. China obse...Read More
Austenitic alloy steel scrap prices in Europe and the United Kingdom weakened this week because of further falls in nickel prices, sources told Fastmarkets MB.The three-month official nickel price on the London Metal Exchange was $11,900/11,925 per tonne on Friday May 10, down from $13,180/13,200 per tonne a month earlier. This drop of 10% over the preceding month was not initially tracked by aust...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday May 10:Aluminium scrapFloated Frag: ?,?1,010-1,050 per tonne from ?,?1,025-1,060Cast: ?,?910-930 per...Read More
Gay Huey Evans will be the first female chairperson of the London Metal Exchange, replacing Brian Bender when he retires at end of the year, Fastmarkets understands. Huey Evans has spent more than 30 years working in the financial services industry. She is currently a non-executive director of Itau BBA International Ltd, deputy chairperson of The Financial Reporting Council and a board...Read More
Guyana Goldfields (TSX:GUY) has a checkered past, but previous troubles may have made this stock a bargain.In 2016, Guyana stock was trading as high as $10 per share. Today, they’re barely over $1 apiece. With a market cap of roughly $200 million, many investors are calling it quits.To be sure, this stock comes with plenty of risks, but if you dig a bit deeper, an attractive bet emerges. He...Read More
It's always difficult when we have to watch our portfolios experience declines and a loss of value. But if you are well diversified, you are somewhat sheltered from the storm, because a well-diversified portfolio of holdings is designed to do just that.With the markets becoming increasingly jittery and seeing continued downward pressure, gold stocks are a good place to park your money for calm in...Read More
It's not "different this time." The steep, prolonged yield curve inversion reflects the onset of a deep global economic contraction which is now being confirmed by leading indicators such as semiconductor and auto sales. At some point the Fed is going to be forced by the market to cut the Fed Funds rate, as the 1yr Treasury is now yielding less that the Fed Funds target rate. In addition, the...Read More
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bil...Read More
Jason talks about how 2 Federal Reserve Board of Governors have come out in support of uncapped QE in order to copy Japan and doing yield targeting in the US bond market like Japan.The Fed is dusting off a QE replacement, last used during World War II https://www.marketwatch.com/amp/story...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. J...Read More
In 2006, former Vice President Joe Biden told a South Carolina rotary club audience that he proudly voted for the Secure Fence Act - authorizing the construction Continue...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Greg Weldon of Weldon Financial joins me for a sensational interview on how he views the precious metals now and which one he favors over the others. Plus, Greg has some warnings about why a failure to finalize a trade deal with China very soon could be very problematic for the U.S. stock market. So, be sure to stic...Read More
Not only can ounces be added to that stack, but frugality also means being better prepared for a recession, for rising food costs, and for layoffs...by Daisy Luther of The Organic PrepperThere's a big movement towards frugality afoot these days. It probably has something to do with our declining economy, record unemployment levels, and the increasing price of food, but only the wisest families are...Read More
The days of the 40-year career with the same company are gone. The gold watch is gone. And in most cases, the company pension is gone too, or it's been replaced by a self-managed IRA or 401(k) plan. The first thing you need to know about retirement today is it's entirely your responsibility. Here are seven ways retirement has changed in the last 25 years and what you can do about it.1. Inheritance...Read More
CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.sotomayorent.com/preorder...click here to join the new IG Jumpoff Channel https://www.youtube.com/channel/UC3Th...lets help defend tommy sotomayor against this crap by showing your support at https://igg.me/at/defendtommy/xclick here to subscribe to the new TNN Raw Channel https://w...Read More
Tommy Fleetwood played his way into contention at the Betfred British Masters after a third round 68 at Hillside Golf Club.?-? SUBSCRIBE: http://et.golf/Subscribe Lee Westwood bids for his 25th European Tour victory as he joins tournament host Tommy Fleetwood at Hillside Golf Club for the Betfred British Masters. He is part of a strong line-up of British players which includes Ryder Cup stars Flee...Read More
FIFA 19 TOTS Allan Review (91) FIFA 19 TOTS Allan Player Review!Subscribe for FIFA 19 Player Reviews: https://www.youtube.com/user/marshall...Second Channel: https://www.youtube.com/user/Marshall...?~... http://fb.gg/marshall89hd ?~... LIVE Streams!?-?Business Enquiries: marshall89@digitalsportsmgmt.com?-?Facebook: https://www.facebook.com/Marshall89HD/?-?Twitch: https://www.twitch.tv/marshall89hd...Read More
McEwen Mining Inc. (NYSE: MUX, TSX: MUX) is a gold and silver producer, with principal assets in the Americas: the San Jos?(C) mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development. We learned from Mr. Rob McEwen, who is Chief...Read More
What does the current situation look like for the silver miners? Unfortunately it's not looking good as they are back in big trouble. Here's why...Nolan Watson interviewed by Jason Burack of Wall St For Main StJason asks Nolan about the state of the primary gold and silver miners. Unfortunately, silver miners are back in big trouble again.Nolan Watson provides great insights into his latest deals,...Read More