The global antimony market was quiet in the week ended Friday February 1 with trading slowing down ahead of the Lunar New Year. Chinese market participants will be largely absent from the market for a week dated February 4-10 for the annual celebration. In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week at $7,800-8,000 per tonne on...Read More
Three-month base metals prices on the London Metal Exchange were mixed this morning, Monday February 4, with copper down by 0.4% at $6,116 per tonne and zinc leading on the upside with a 0.6% gain. Aluminium, nickel and lead were all up by 0.2% and tin was little changed.With the Lunar New Year holidays (February 4-10) underway in China and across most of Asia, volume across the LME base metals co...Read More
In Europe, the ferro-silicon price fell to lows last seen in February 2017 last week on suppliers competing for business from steelmakers keen to push down their feedstock prices amid weakening underlying consumption; while the domestic Chinese market dropped by 2.4% week on week amid quiet business conditions ahead of Lunar New Year. Chinese domestic and export prices drop European market...Read More
Global vanadium prices were stable to slightly firmer in the week ended Friday February 1, underpinned by fundamental tightness albeit with many Chinese players already out for the new year holidays. European vanadium prices firm as sellers see no pressure to destock Chinese markets hold steady while market winds down for Lunar New Year US ferro-vanadium price rises on deal done at high...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China. To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China - Ferro-vanadium, 78% min, fob China, $ per kg V - Vanadium pentoxide, 98% min, fob C...Read More
Import prices for steel slab in Southeast Asia and East Asia increased over the past week amid higher offers after a month-long price decline, although trading activity was sparse due to the wide bid-offer spread.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $430-445 per tonne cfr on Monday February 4, up $15-20 per tonne from a week earlier.One deal...Read More
OceanaGold (TSX: OGC; ASX: OGC) says its mines in the Philippines, New Zealand and the U.S. will produce a total of between 500,000 and 550,000 oz. of gold and 14,000 to 15,000 tonnes of copper this year at all-in sustaining costs (AISC) ranging from US$850 and US$900 per oz. gold sold.In 2018 the company produced 533,300 oz. of gold and 15,000 tonnes of copper at AISC of US$767 per ounce.This ye...Read More
Brian Paes-Braga (Director, Fiore Group) discusses his investment into the film & television business with Thunderbird Entertainment. Jennifer Twiner McCarron (CEO, Thunderbird Entertainment) explains the massive content streaming investment opportunity with Netflix, Amazon, Apple TV, etc.Join us at an upcoming event! http://www.cambridgehouse.comBe part of our investment community:http://www.camb...Read More
by Morris HubbarttFebruary 5, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com a...Read More
After surging to its highest price since May 2018, gold has pulled back sharply in recent days because of renewed optimism for the global economic outlook and for stocks. This doesn't mean that the gold bull market is over, with a range of indicators, key being growing economic and geopolitical uncertainty, pointing to firmer gold during 2019. That will act as a powerful tailwind for many gold sto...Read More
Let's go over some stocks that were still trading on the TSX index with low multiples just a few months ago and see whether they're still bargains. A combination of gold and energy stocks, this trio would have made a sound addition to a portfolio with their previous valuations. However, as we return to them today, we'll see that the economic landscape has shifted quite dramatically since then, ske...Read More
I used to be a much more flexible investor than I am nowadays.I would invest in anything as long as I thought it was undervalued. I cared more about my so-called "margin of safety" versus the quality of the business. If I could buy assets for 50% less than what I thought they were worth, I was all over it.But after some lackluster results, I changed my habits. I now focus on the best companies I c...Read More
In a well-diversified portfolio, investors should hold some gold stocks, as these stocks act as a buffer with little correlation to the rest of the market. They rally when the U.S. dollar weakens, when there is a lot of uncertainty in the market, and when investors are looking for a "safe haven" in their portfolios.Strong U.S. economic data, a strong US dollar, and a return of investor optimism ha...Read More
Gold has pulled back sharply in recent days after hitting an 11-month high of over US$1,323 an ounce. While this has sparked some concern that gold will weaken further, there is every indication that 2019 will be a strong year for the precious metal. Many pundits believe that it has once again entered a bull market and could rise to US$1,350 per ounce or even higher. That positive outlook will b...Read More
by Morris HubbarttFebruary 5, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com a...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 5, 2019 Gold price sales offer opportunity but patience is required.I like to see a market swoon of at least $50/ounce before buying any fresh medium-term gold or related positions. Most amateur gold investors should wait for $100/ounce declines before buying or use very tight stop-lo...Read More
Base metal futures were higher in Asian trade, as was iron ore as Vale SA warned a further 30 million tonnes of production would be impacted after a Brazil court ordered the suspension of eight tailings dams in the wake of the deadly Brumadinho disaster late last month. "This would be an incremental supply shock to the iron ore market and would support prices at higher than expected levels,"...Read More
The market for the small capitalization early stage mining and exploration companies remains very sluggish. However, we expect to see a change very soon. Since 2015, some mining stocks have been in a bull market phase and have seen substantial percentage moves up. So attention is now merited! IMPERIAL MINING GROUP on TSXV at 10 cents a share is...Read More
I just got back from a trip to Texas. Here is a picture of the Permian Basin from the air:When I first saw it, I didn't know what it was. Not farms, not houses. Just empty dirt lots lined up like track homes. After some research, I discovered that those squares are DUCs: drilled but uncompleted wells. I find it absolutely amazing. What it means is that the United States has more oil and gas than...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC published the first report on Friday, February 1, 2019. After th...Read More