10%. That's what February’s flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed's incoming chairman, is saying that he's fine with inflation exceeding the target rate of 2%. Put another way, he's promising that monetary policy will be as loose as necessary to keep asset prices elevated and the wealth affectgenerating lots of debt-driven consumer spending. An...Read More

* Hole 008 was lost at 28m due to mechanical failure and drilled on the same pad as 007 at a steeper angle. Hole 007 was lost at 128.5m due to mechanical failure and broken ground.Drill holes to date were oriented to cross the most prominent structures seen in outcrops so core lengths reflect approximately the interpreted true width of the California zone mineralization but additional drilling is...Read More

Ferroglobe plc reported improved revenues for the fourth quarter and fiscal year 2017, which the company attributed to higher prices for silicon metal. London-based Ferroglobe reported revenue of $468.2 million in the fourth quarter, up 3.7% from $451.6 million in the third quarter. Meanwhile, revenue for the year 2017 was $1.7 billion, up 10.5% from $1.6 billion the previous year. The ferro-alloy...Read More

Cobalt prices made further gains last week, but the rally was kept in check by buyers able to satisfy some of their requirements by purchasing scrap and pulling forward contracted volumes. Metal Bulletin's benchmark price assessment for low-grade cobalt was $38.50-39.30 per lb, in-warehouse, on Friday February 23, up from $38.15-39.30 per lb midweek, and $38-39.30 a week earlier. High-gr...Read More

Turkish scrap import prices continued to climb on Tuesday February 27 with news of another Baltic Sea cargo sold at the end of last week.Market participants, however, expected prices to go up even further, while suppliers have already increased their offers, Metal Bulletin was told.A steel mill in the Izmir region booked the Baltic Sea cargo late on February 23, comprising 28,000 tonnes of HMS 1&2...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Margaux Resources (TSXV: MRL) (OTCQB: MARFF) Advances Exploration Strategy; Completes Two Important Consolidations of Contiguous Lands, Projects and Mineral Tenures; Announces Amendment to Jersey Emerald Option Agreement Calgary, Alberta - February 27, 2018...Read More

Import prices for steel billet in Southeast Asia edged up over the past week while those for slab in the wider region including East Asia experienced sharp gains amid limited offers.Metal Bulletin's assessment of import prices for billet in Southeast Asia was $540-555 per tonne cfr for the week ended Monday February 26, up $5 per tonne from a week earlier.Prices increased after trading activity pi...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Eureka (TSXV: EUK) Announces Proposed Acquisition of Kore Mining Vancouver, British Columbia - February 27, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Eureka Resources Inc. (TSXV: EUK) ("Eureka" or the "Company") is pleased to announce that it has s...Read More

We’re supposed to trust the government to keep us safe. But the two main law enforcement units that should have protected students against the Parkland shooter failed miserably.The shooter was handed to the Broward County Sheriff’s office and the FBI on a silver platter multiple times. There were tips that specifically mentioned school shootings. There were threats made by the shooter,...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Disappointment Brings a Bargain BuySource: Adrian Day for Streetwise Reports February 27, 2018 (Investorideas.com Newswire) Adrian Day of Adrian Day Asset Management looks into the results reported by a triad of companies, including one whose stock fell sha...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Veteran Precious Metals Newsletter Writer Brien Lundin Reveals His Next PicksSource: Streetwise Reports February 27, 2018 (Investorideas.com Newswire) With the price of gold staying firmly above $1,300/oz, Brien Lundin, editor of Gold Newsletter, discusses...Read More

Base metals traded on the London Metal Exchange are up across the board by an average of 0.4% this morning, Tuesday February 27.Aluminium prices lead the way with a gain of 0.7%, while the rest are up between 0.1% for zinc and 0.4% for tin, with copper prices up by 0.3% at $7,136 per tonne. Volume has been average with 6,677 lots traded as of 07.12 am London time. This follows a day of general str...Read More

Object of SpeculationThe prices of the metals fell last week, $22 and $0.24 respectively. It's an odd thing, isn't it? Each group of traders knows how gold "should" react to a particular type of news. But they all want the same thing - they want gold to go up. And when it doesn't, many hesitate to buy. Or even sell. This is why speculation cannot set a stable price (I'm talking to you, bitcoiners)...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Arizona Silver (TSXV: AZS) (OTCQB: AZASF) Commences Drilling on Its 100% Owned Ramsey Silver Project, La Pas County, Arizona Vancouver, British Columbia - February 27, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Arizona Silver Exploration Inc. (TSXV:...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Rise (CSE: RISE) (OTC Pink: RYES) Researches Historic Mining Methods at I-M MineRecent drilling showed high-grade gold in andesite wall rock adjacent to quartz vein.Research shows historic miners commonly left non-quartz wall rock unmined or as backfill.Pres...Read More

CloseGain/LossGold $1318.60-$14.60Silver$16.42-$0.21XAU78.97-2.82%HUI173.05-2.83%GDM603.45-2.01%JSE Gold1083.86-20.56USD90.40+0.55Euro122.33-0.87Yen93.27-0.37Oil$63.01-$0.9010-Year2.901%+0.038T-Bond143.6875-0.53125Dow25410.03-1.16%Nasdaq7330.35-1.23%S&P2744.28-1.27% The Metals: Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York t...Read More

Extracting Meaning from PPP "An alternative exchange rate - the purchasing power parity (PPP) conversion factor - is preferred because it reflects differences in price levels for both tradable and non-tradable goods and services and therefore provides a more meaningful comparison of real output." - the World Bank Headquarters of the World Bank in Washington. We have it on good authority that the...Read More

By Ira EpsteinSoaring US Dollar sinks metals.https://www.iraepstein.com/ Read More

David Stockman on "Closing Bell" (CNBC, Feb. 27, 2018)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author, most recen...Read More

10%. That's what February's flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed's incoming chairman, is saying that he's fine with inflation exceeding the target rate of 2%. Put another way, he's promising that monetary policy will be as loose as necessary to keep asset prices elevated and the wealth affect generating lots of debt-driven consumer spending. And -...Read More