An overview of the minor metals markets and the reasons for any price moves.Read More
Canopy Growth Corporation (TSX:WEED) said it has doubled its licensed domestic production capacity and announced acquisition of Czech Medical cannabis distributorSmallCapPower | April 18, 2018: Canopy Growth Corporation (TSX:WEED) announced two key developments over the weekend - one, doubling of licensed domestic production capacity with receipt of new licenses; and the other, the acquisition of...Read More
The cobalt stocks on list could see their declines reverse if cobalt prices continue to riseSmallCapPower | April 18, 2018: Many cobalt companies have suffered significant price declines in recent months, with their stock prices sliding an average of ~16% YTD. However, cobalt prices remain strong, up 20% YTD. Cobalt prices could continue to surge, especially if the Democratic Republic of the Congo...Read More
No lithium-ion batteries. No electric vehicles. Oh, and no smartphones, either.That's how important goblin metal is to us.For some, namely Apple, Tesla, Volkswagen, and every other tech and auto company on the planet, securing future supplies of "blue gold" is the difference between posting a profit and filing for Chapter 11.But there's a rub in all of this...When two-thirds of the world's supply...Read More
Turkish steel producers have booked more deep-sea scrap for May deliveries, but prices fell amid weak finished steel markets, sources said on Wednesday April 18.One steel producer booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $355 per tonne and 15,000 tonnes of shredded at $360 per tonne cfr, late on Tuesday April 17. The cargo was scheduled to be shipped in the second hal...Read More
Millennial Lithium Corp. (TSX.V:ML, FSE:A3N2, OTCQB:MLNL) is an emerging exploration and development company, focused on world class lithium assets in Argentina. Millennial Lithium controls over 20,000 hectares of prime land, in the heart of the famed Lithium Triangle - home to the world's most prolific lithium riches. In Argentina, the Company is advancing two lithium projects to a production dec...Read More
Toronto, Ontario - April 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) RosCan Minerals Corporation (TSXV: ROS) ("RosCan" or the "Company") is pleased to announce that field exploration activities, consisting of prospecting, mapping and sampling, have commenced on the four permits (Kandiole-West, Kandiole-North, Moussala-North and Segundo-South) that comprise the Kandiole Project in west M...Read More
Via Sovereignman.comIn 1873 during the administration of Ulysses S. Grant, the government abolished its income tax.Aside from a single episode in 1894, there would be no income tax in the United States of America for nearly 40 years.It was during this period that the United States emerged as the largest, most powerful economy in the world.And the country achieved this with no income tax. No inflat...Read More
Vancouver, British Columbia - April 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) International Battery Metals Ltd. (CSE: IBAT) ("IBAT" or the "Company"), is pleased to confirm that it has appointed Dr. John Burba as President, Chief Executive Officer, Chairman and a director of the Company upon completion of the closing of its acquisition of Selective Adsorption Lithium, Inc. as announce...Read More
A Well Known Seasonal Phenomenon in the US Market - Is There More to It?I already discussed the "turn-of-the-month effect" in a previous issues of Seasonal Insights, see e.g. this report from earlier this year. The term describes the fact that price gains in the stock market tend to cluster around the turn of the month. By contrast, the rest of the time around the middle of the month is typically...Read More
Vancouver, British Columbia - April 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) B2Gold Corp.(TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") announces positive exploration drill results from the Fekola North Extension Zone extending gold mineralization to one kilometer north of the Fekola Reserve pit boundary and continuing successful resource infill drilling.Highl...Read More
"Is ours a government of the people, by the people, for the people, or a kakistocracy rather, for the benefit of knaves at the cost of fools?"- James Russell Lowell, 19th century American novelistLet us not mince words.We are living in an age of war profiteers.We are living in an age of scoundrels, liars, brutes and thugs. Many of them work for the U.S. government.We are living in an age of monst...Read More
Comex copper jumped to a month high on Wednesday April 18 amid an increase in technical buying and after China eased its monetary policy. Copper for May settlement on the Comex division of the New York Mercantile Exchange jumped 8.95 cents or 2.9% to $3.1680 per lb. Earlier, the contract touched $3.1785, the highest point since March 14. "The positive macro backdrop has provided the LME copper pri...Read More
The Lighthouse MovesPicture, if you will, a brick slowly falling off a cliff. The brick is printed with green ink, and engraved on it are the words "Federal Reserve Note" (FRN). A camera is mounted to the brick.The camera shows lots of things moving up. The cliff face is whizzing upwards at a blur. A black painted brick labeled "oil" is going up pretty fast, but not so fast as the cliff face. It i...Read More
The comments below are an edited and abridged synopsis of an article by James RickardsA slow, steady accumulation of debt with no particular plan for repayment can continue longer than expected, and then suddenly descend into a full-blown financial distress scenario and a rapid end-state of collapse.It's the lack of control that allows the debtor to reach the point of non-sustainable debt, and the...Read More
Base metals prices on the London Metal Exchange are on divergent paths so far this morning, Wednesday April 18, despite the strong risk sentiment seen across wider financial markets following solid earnings results and the surprise monetary easing announced by China's central bank. Nickel (+3.5%), Aluminium (+1.2%) and copper (+0.7%) are trading positively, while the rest of the complex was down b...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
CloseGain/LossGold $1348.60+$1.30Silver$17.18+$0.41XAU85.21+1.19%HUI184.34+0.92%GDM643.88+0.60%JSE Gold1093.98+29.74USD89.62+0.12Euro123.78+0.03Yen93.36-0.27Oil$68.47+$1.9510-Year2.877%+0.037T-Bond144.84375-1.1875Dow24748.07-0.16%Nasdaq7295.24+0.19%S&P2708.64+0.08% The Metals: Gold fell $5 to $1342.30 in Asia before it climbed up to $1355.60 in late morning New York trade...Read More
The comments below are an edited and abridged synopsis of an article by Phoenix CapitalThe single biggest concern for the Fed is inflation, because US Treasuries are currently in a massive bubble, and those Treasury yields trade based on inflation.If inflation rises, so do Treasury yields. If Treasury yields rise, Treasury prices fall. If Treasury prices fall, the bond bubble begins to burst.Here'...Read More
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Funds, gives his forecast for the gold mining markets and best performing sectors this year.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sect...Read More