Spot market copper concentrate treatment and refining charges (TC/RCs) rose to 3.5-month highs in mid-May, with the market becoming progressively bearish due to the continued outage at Sterlite Copper's Tuticorin smelter in India. Metal Bulletin's copper concentrates TC/RC index rose by $2.4/0.24 cents over the past two weeks to $70.5/7.05 cents, its highest since the end of January. Terms fo...Read More

Kinder Morgan's Trans Mountain Expansion Project. Source: Kinder Morgan.The Canadian government is prepared to back Kinder Morgan Canada's [KML-TSX] stalled Trans Mountain pipeline expansion project by indemnifying the project from any financial loss.Finance Minister Bill Morneau said the offer is open not just to Kinder Morgan, but any company that wants to build the pipeline if Kinder Morgan opt...Read More

Sampling on the Clone property in the Golden Triangle of northwestern British Columbia. Source: Sunvest Minerals Corp.Sunvest Minerals Corp. [SSS-TSXV; SRKZF-OTC] said Wednesday May 16 that it has significantly expanded its tenure position on the Clone Project located near Stewart in the Golden Triangle region of northwestern British Columbia.The company said it has added to its position by stakin...Read More

The Turkish steel mills have gone quiet in the deep-sea scrap markets once again, sources said on Wednesday May 16.After the news of a UK cargo sold on May 15 at $345 per tonne for HMS 1&2 (80:20) and $366 per tonne for shredded, no more deep-sea transactions have been heard in the market.Baltic Sea scrap suppliers were heard offering HMS 1&2 (80:20) at $360 per tonne cfr, but were ready to sell a...Read More

So, oil prices are going to rise...You know it; I know it.Hell, the entire market knows it at this point.WTI is making its way toward $75 a barrel this week; Brent is teasing $80 a barrel.The market has finally woken up.The pundits are raving about their favorite oil stocks - never mind that all those picks are the same. They grab the biggest, most identifiable names in the sector and laud them as...Read More

May 16, 2018 (Investorideas.com Newswire) Once seen as remote, British Columbia's Golden Triangle has opened up dramatically, with two mines now in production, three new hydro-power facilities, a link to the provincial power grid, and roads throughout the region. Lawrence Roulston, managing director of WestBay Capital Advisors, discusses the changing mining landscape there and profiles a number of...Read More

May 16, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan updates his gold and silver charts.Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are m...Read More

Via Sovereignman.comAs if things weren't bad enough for beleaguered Tesla...The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as "boring" and "b...Read More

Comex copper prices experienced minor buying during midweek trading on Wednesday May 16 morning in the US, with little to push the market in either direction.Copper for July settlement on the Comex division of the New York Mercantile Exchange inched up 0.50 cents or 0.2% to $3.0610 per lb. "In the short term, we envisage LME copper prices to continue consolidating within the converging...Read More

"Whether the mask is labeled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus-the bureaucracy, the police, the military. Not the one facing us across the frontier of the battle lines, which is not so much our enemy as our brothers' enemy, but the one that calls itself our protector and makes us its slaves. No matter what the circumstances, the worst...Read More

Most of the base metals prices on the London Metal Exchange were little changed on the morning of Wednesday May 16, the exceptions were zinc (+0.6%) and tin (-0.5%). Copper was up by 0.1% at $6,818 per tonne.Volume on the LME has been below average, with 3,245 lots traded as at 06.27 am London time. This follows a day of two halves on Tuesday where prices came under pressure as the morning progres...Read More

 CloseGain/LossGold $1290.40-$2.10Silver$16.37+$0.09XAU81.93+0.20%HUI177.77-0.11%GDM622.01-0.19%JSE Gold1016.71-24.50USD93.40+0.16Euro118.04-0.42Yen90.83+0.05Oil$71.49+$0.1810-Year3.097%+0.025T-Bond140.90625-0.15625Dow24768.93+0.25%Nasdaq7398.30+0.63%S&P2722.46+0.41%  The Metals: Gold gained $4.30 to $1296.80 in Asia before it dropped back to $1286.50 in London and then bou...Read More

The comments below are an edited and abridged synopsis of an article by Lance RobertsCurrently, 75.4 million baby boomers in America-about 26% of the US population-have reached, or will reach, retirement age by 2030. Unfortunately, the majority of these individuals are woefully under-saved for retirement and are hoping for compounded annual rates of return to bail them out.It isn't going to happen...Read More

01:00 What is the most contrary investment opportunity going?03:40 China's growing middle class and digital future09:10 How important are dividends to investors?10:40 Who picks up the pieces after the next economic meltdown?18:10 US debt action plan26:00 Teaching the next generation to become investorsJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a...Read More

After an epic (generation-spanning at the long end) decline in interest rates, the trend has finally reversed. Which means, if history is still a reliable guide, there's a number that ends this cycle and ushers in the next recession and equities bear market. But what is it?Here's a chart (from MishTalk via Crescat Capital) that shows the relationship between short term interest rates and economi...Read More

The comments below are an edited and abridged synopsis of an article by SRSRoccoThe housing market is heading for another epic bubble. However, the bubble forming today is different than the meltdown in 2007. Then, there was an oversupply of homes; today there is a shortage. With more buyers than sellers bidding up prices, the US median home price value hit a new record high at the end of 2017, an...Read More

Danielle DiMartino Booth spoke to a group of Brussels Parliamentarians as she discussed quantitative easing efforts. She sat down with Bart to discuss this and more. Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic n...Read More

On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in... And growing once again thanks to the new short position. What's in store for the rest of the month and the next few ones? Something epic. Let's start todays' analysis with the two most im...Read More

The release of infill drilling results at a Nevada gold project shows continuing resource potential. GSV Project LocationsGold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) recently announced results from its 2018 infill drilling program at the Dark Star oxide gold deposit. Some 4,605 meters of infill drilling have been achieved at this site in 28 holes. This phase of drilling was completed in mi...Read More

The comments below are an edited and abridged synopsis of an article by Tyler DurdenWe have warning words from another billionaire hedge fund manager as expectations of further market disruptions loom.After the largest hedge fund in the world shifted to a net short equities position (Ray Dalio's Bridgewater), Dan Loeb's Third Point dramatically increased its short bets. Billionaire Loeb wrote in h...Read More