Prices for domestic steel beams picked up slightly in Northern Europe this week following three consecutive weeks of falls, although market activity remained low, sources told Metal Bulletin on Wednesday April 11.Metal Bulletin's price assessment for S235-grade, 200x200mm category-2 H-beams made in Northern Europe edged up to ?,?600-620 ($740-765) per tonne delivered on Wednesday April 11, compare...Read More
By Ira EpsteinGold rallies on threat of strike against Syria.https://www.iraepstein.com/ Read More
Domestic prices for mesh-quality wire rod produced and delivered in Europe went unchanged this week, with demand at mills remaining healthy, sources said on Wednesday April 11.Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Northern Europe was unchanged on Wednesday at ?,?550-560 ($679-691) per tonne delivered.One European mill intends to raise prices for all...Read More
Cranbrook, B.C., April 11th, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") (the "Company") announces that it has received formal approval from the Court of Queen's Bench of Alberta - the final step in completing the spin-out of Taiga Gold Corp. Shareholders of Record on April 12th, 2018 will receive one share of Taiga for each two shares of Eagle Plains. Shareholders voted overwhelmingly in f...Read More
By Steve St. AngeloAs the U.S. and global economy speed towards the Seneca Cliff, very few individuals understand the fragile nature of currencies. Today, we use the lightning speed of the digital banking system to make our purchases at the store or online. It has become seemingly natural to buy groceries at the swipe of a card. Only a small percentage of purchases are made with cash... pa...Read More
Turkish steel mills resumed their deep-sea scrap purchases on Wednesday April 11, with slightly lower prices from Baltic Sea suppliers.A steel producer in the Izmir region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $352 per tonne and bonus at $362 per tonne cfr on Wednesday.The supplier said that they are still discussing the tonnages with the mill, but the cargo was scheduled for th...Read More
- Dow set to drop 300 points at open after Trump tweet today- Stocks see sell off and gold pops to test resistance at $1,350/oz- US stock futures suggest over 1% losses at New York open- Oil surged to a two-week high and has surged nearly 7% this week- U.S. bombing Syria may provoke escalation of conflict with Russia and wider conflict in volatile Middle EastPresident Donald Trump warned Russia...Read More
Physical iron ore prices softened on Wednesday April 11 amid a retreating futures market in China.Metal Bulletin 62% Fe Iron Ore Index: $64.79 per tonne cfr Qingdao, down by $0.51 per tonneMetal Bulletin 58% Fe Premium Index: $52.51 per tonne cfr Qingdao, down by $0.24 per tonneMetal Bulletin 65% Fe Iron Ore Index: $81.70 per tonne cfr Qingdao, down by $1 per tonneMetal Bulletin 62% Fe China Port...Read More
Marshall Swing says stay thirsty for shiny physical silver because we won't be returning to some of the recent prices ever again. Here's an update...Editor's Note: As we move into spring let's not forget that Marshall has one of the boldest calls out there: Global Economic Collapse this July 20-27, 2018.*****by Marshall Swing of The Church of ActsNo time for a wordy analysis, most thoughts are in...Read More
Attacking Syria has nothing to do with chemical weapons, western values or democracy.Continue...Read More
China's focus on environmental protection continues to affect miners producing low-grade iron ore that have had to offer price discounts on their products, though some believe that Chinese mills' narrowing margins could alter market dynamics. On Monday April 9, Australia's Atlas Iron announced its acquisition by compatriot miner Mineral Resources.The acquisition follows Atlas's plans to increase t...Read More
Granada Gold Mine Inc. (TSXV:GGM) is preparing for a bankable Feasibility Study in 2018Angela Harmantas | April 11, 2018 | SmallCapPower: It has been a busy year for Granada Gold Mine Inc. (TSXV:GGM) leading into PDAC 2018. After undergoing a rebranding in early 2017, the Company put drills in the ground at the Granada gold project in Quebec to further define the resource. In January 2018, Grana...Read More
Bill says there is a very real possibility China and Russia take down the system using silver. Here's how it would be done...Bill Holter interviewed by Greg Hunter on USA WatchdogFinancial writer and gold expert Bill Holter's biggest worry right now is escalating military action in Syria. Holter warns, "This is so, so dangerous. Obviously, you worry about a hot war because with the weapons you hav...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Money votes with its feet, and capital flows out of the country show that investors are no longer interested in Canada as a place to do business, according to Shark Tank star and chairman of O'Shares ETFs, Kevin O'Leary. Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the M...Read More
Buying activity in the Iranian export market for steel billet was muted in the week ended Wednesday April 11 amid reduced demand for finished steel products in customers' markets as well as expectations of further price decreases in the near term.Metal Bulletin's weekly price assessment for Iranian billet exports fell to $495-505 per tonne fob on April 11, from the previous range of $500-515 per t...Read More
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 sectors.Read More
Just when everyone was getting used to gold sitting around and doing nothing while tech stocks provided non-stop thrills and chills, the metal took Continue...Read More
SHANGHAI, Apr 11 (SMM) – Most base metals futures gained on Wednesday April 11 except for SHFE tin. Nickel rose over 1%, while copper, aluminium, lead, and zinc inched up.Ferrous metals went down across the board as coke led the loss with a 2.5% drop. Coking coal dipped nearly 1.7%, hot-rolled coil slid over 1%, while iron ore and rebar were down almost 1%.Copper: Dragged by the underperform...Read More
Stainless steel prices in Asia are likely to remain bearish on expectations of continued low demand in the second quarter of the year, while prices in North America are likely to be supported by the Section 232 import tariffs in the United States.Asian outlook bearishEast Asian import prices for stainless steel are likely either to decline further or to hold relatively steady at low levels during...Read More