Ask me what I am currently most enthusiastic about in the markets, and I'll tell you it is the underpricing of rate hike expectations. Let me elaborate on why, what it means for investors' portfolios and how to possibly profit from it. Why rate hike expectations may be underpricedLots of people ponder where interest rates might go. They may care if they have a loan where interest payments go up...Read More

Turning points in a financial system usually occur in discrete phases. At first, new information that contradicts existing preconceptions is dismissed as unimportant. But as more such data accumulates, a growing number of people come to expect the new trend to continue. In economist-speak, "expectations" change, and these become self-fulfilling prophecies, leading people to behave in ways that a...Read More

This article was written for Miles Franklin by Gary Christenson.The song "Cell Block Tango" from the Oscar winning movie "Chicago" included the line, "He Ran Into My Knife Ten Times."Those seven words suggest anger, bleeding and murder... The American people have "run into a financial knife" many times in the last century. (Solutions listed at the end.)In 1913 congress approved The Federal Reser...Read More

Update on Moss Mine Optimization PlanVANCOUVER , June 7, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce that Certified Grant Letters for Right of Way ("ROW") for the Powerline, Fiber-Optics and Access Road construction for the Moss Gold and Silver Mine located in N.W. Arizona have been received from the Bureau of Land Ma...Read More

Copper prices on the London Metal Exchange continued to lead the base metals complex higher at the close of trading on Thursday June 7, climbing 1.5% over the day to finish above $7,300 per tonne for the first time since January 2014.The red metal's price has risen more than 7% in June, with increased uncertainty surrounding labor negotiations at BHP Billiton's Escondida mine in Chile, the world's...Read More

Full Article: Which Is Developing A Bigger Bubble: Bitcoin Or The Stock Market?By: Avi GilburtBubbles in Nasdaq, bubbles in financial assets, bubbles in cryptos . . . bubbles are being reported everywhere. Moreover, more and more analysts are pointing to some financial crisis after another as each day goes by. Whether it is because of the cessation of QE, or because of the issues in Italy, or tra...Read More

 CloseGain/LossGold $1296.90-$0.20Silver$16.69+$0.01XAU82.99-0.47%HUI178.64-0.13%GDM625.19-0.45%JSE Gold1045.86+14.66USD93.45-0.21Euro118.00+0.28Yen91.18+0.38Oil$65.95+$1.2210-Year2.919%-0.053T-Bond144.375+1.125Dow25241.41+0.38%Nasdaq7635.07-0.70%S&P2770.37-0.07%  The Metals: Gold gained $6 to $1303.10 at about 8:30AM EST before it fell back to $1294.90 by midmorning, but i...Read More

Assertions that cobalt could soon be eliminated altogether from electric vehicles (EVs) are simply wrong, according to the chief executive officer of First Cobalt. Trent Mell, who heads the North American pure play cobalt company, said that while the EV sector is moving toward an era of lower cobalt content per vehicle, this nonetheless has positive implications for cobalt producers. "It lowers th...Read More

The European ferro-vanadium market surged earlier this week, amid a flurry of spot purchasing interest and renewed supply concerns.Spot prices for European ferro-vanadium increased to $69-71.20 per kg on June 6, delivered duty-paid in Europe, up 4.82% from $66.25-67.50 per kg on June 1, according to Metal Bulletin's mid-week assessment.Spot market buying interest picked up considerably this week f...Read More

The latest metal markets news and price moves to start the North American day on Thursday June 7.Copper prices on the London Metal Exchange surged to a fresh 2018 high during morning trading on Thursday June 7, leading the complex after supply-side disruptions pushed prices up."The upswing is continuing this morning, especially in the case of copper. It has climbed to nearly $7,300 per tonne in Lo...Read More

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday June 6.Base metals prices were on divergent paths during Asian morning trading on Thursday, with copper prices leading on the upside, while nickel was the weakest of the complex following its recent run of strength. Check Metal Bulletin's live futures report here.LME snapshot at 3am L...Read More

SHANGHAI, Jun 7 (SMM) – Nonferrous metals, except for SHFE zinc, rose across the board on Thursday June 7. Copper led the gains and jumped nearly 2.2%, aluminium rose nearly 2%, and lead, tin, and nickel inched up. The ferrous complex also soared except for iron ore. Coke gained over 2%, coking coal grew over 1%, rebar rose nearly 1.5%, and hot-rolled coil inched up close to 1%.Copper:...Read More

"Silver is stuck in a managed range of 16 to 17 for several months, but a decision point is coming soon and positioning and sentiment clearly favor..."by David Brady via Sprott Money NewsGiven that Gold continues to trade in a tight range ahead of the FOMC meeting next week-and nothing has changed in terms of its analysis, save for a bullish drop in open interest to 450k today-I am taking this opp...Read More

Metal Bulletin's Top Steelmakers 2018 list shows ArcelorMittal retaining the crown as the world's largest steel producer, but the mills of China, Japan, South Korea and India occupy positions 2-10. Nucor in the United States, with an output of over 21 million tonnes in 2017, is the highest-ranking steelmaker from outside the region, in 12th spot. Since China has about half of the world's global st...Read More

Copper prices on the London Metal Exchange continued to lead the base metals complex higher at the close of trading on Thursday June 7, climbing 1.5% over the day to finish above $7,300 per tonne for the first time since January 2014.The red metal's price has risen more than 7% in June, with increased uncertainty surrounding labor negotiations at BHP Billiton's Escondida mine in Chile, the world's...Read More

Comex copper prices ticked higher on Thursday June 6 due to bullish sentiment on the back of Escondida wage negotiations and a weakening dollar.Copper for July settlement on the Comex division of the New York Mercantile Exchange edged 4.5 cents or 1.4% higher to $3.307 per lb. "Copper price sentiment remains bullish on Thursday June 7; the three-month benchmark has hit a 2018 high...Read More

Trading activity in the physical iron ore market slowed down amid rangebound prices on Thursday June 7, in spite of increases in the downstream steel segment.Metal Bulletin 62% Fe Iron Ore Index: $66.84 per tonne cfr Qingdao, up by $0.28 per tonneMetal Bulletin 58% Fe Premium Index: $54.06 per tonne cfr Qingdao, up by $0.51 per tonneMetal Bulletin 65% Fe Iron Ore Index: $87.60 per tonne cfr Qingda...Read More

CLICK ON CHART TO ENLARGEAbove looks at the Silver/Gold ratio over the past 18-years.Three different times the ratio hit support alone line (1) and turned higher, sending a positive message to Silver and Gold.The ratio hit 15-year support again a couple of months ago, which appears to have held.Last month and this month the ratio is pushing higher and is now attempting a breakout at (2). A push h...Read More

SHANGHAI, Jun 7 (SMM) – Nonferrous metals, except for SHFE zinc, rose across the board on Thursday June 7. Copper led the gains and jumped nearly 2.2%, aluminium rose nearly 2%, and lead, tin, and nickel inched up. The ferrous complex also soared except for iron ore. Coke gained over 2%, coking coal grew over 1%, rebar rose nearly 1.5%, and hot-rolled coil inched up close to 1%.Copper:...Read More

SHANGHAI, Jun 7 (SMM) – Copper smelters in Yunnan province maintained normal operation as of Thursday June 7 after inspection teams from the central government settled in the province on Tuesday June 5, SMM surveyed. This suggested that previous rectifications in Yunnan were effective. Copper mines in the area were also little affected as most small and medium-sized mines...Read More