Recent News

Buying Opportunity in Stocks

January 30, 2018 / news.goldseek.com

By Gary SavageThis video explores the possibility that stocks are currently giving us a brief pull back before the next powerfully rising intermediate cycle begins.https://blog.smartmoneytrackerpremium.com/ Read More

GLOBAL VANADIUM WRAP: Supply tightness strengthens prices despite slower spot markets

January 30, 2018 / www.metalbulletin.com

Supply concerns continued to drive Chinese ferro-vanadium and global vanadium pentoxide (V2O5) prices, while European ferro-vanadium prices found stability at slightly lower levels while market activity slowed. Low availability continues to drive Chinese FeV, V2O5 markets European ferro-vanadium prices stabilize at slightly lower levels US FeV market continues to run on supply concerns, trader int...Read More

Gold and Silver: The Corruption Antidote

January 30, 2018 / news.goldseek.com

By Rory HallFor the past year the mainstream media has attempted to sale the U.S. citizens that Trump colluded with the Russian's to rig the election and deny hillary her rightful position as President of the United States.Over the past several months we have learned that hillary and her top supporters, including former White House occupant, Hussein Obama, actually may have committed treason and...Read More

Illinois' Debt Crisis Foreshadows America's Financial Future

January 30, 2018 / news.goldseek.com

By Clint Siegner Those wanting a glimpse into the future of our federal government's finances should have a gander at Illinois. The state recently "resolved" a high-profile battle over its budget. Taxpayers were clubbed with a 32% hike in income taxes in an effort to shore up massive underfunding in public employee pensions, among other deficiencies. But, predictably, it isn't working. Peopl...Read More

GLOBAL MANGANESE WRAP: Ore prices continue run up amid tighter supplies

January 30, 2018 / www.metalbulletin.com

Manganese ore prices continued to exhibit strength on thinning supplies last week, while Chinese alloy markets felt pressure from slowing demand. Tightening supplies drive ore prices upward Sluggish demand weakens Chinese alloy prices EU alloy markets remain firm in quiet market US alloy prices continue to run on cold-weather-related tightnessOre prices edge higher on tightening suppliesManganese...Read More

London Property Market Tumbles As Glut of Luxury Apartments Grows To 3,000

January 30, 2018 / news.goldseek.com

- Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell- London's still high priced property causes companies to locate offices elsewhere- At current rates, glut of London properties will take three years to sell- Leading London-based estate agents Foxtons' sees 42% drop in earnings, yoy- UK's largest estate agent issues second profit warning in three months-...Read More

Price of Silver Today Rallies and Is Poised to Soar in 2018

January 30, 2018 / moneymorning.com

Peter KrauthEditor's Note: 10 Reasons Why Gold Could Hit $3,000 in 2018The price of silver today (Tuesday, Jan. 30) is up 0.76% to $17.40 in morning trading. And I see plenty of bullish momentum ahead for silver prices in 2018.After exploding higher last week, the price of silver returned to mild consolidation mode on a mild dollar bounceback.The recent pullback has been "mild" because the U.S. D...Read More

Asian Metals Market Update: January-30-2018

January 30, 2018 / news.goldseek.com

Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More

Bidders for $500m Canada streaming deal as cobalt price surges-report

January 30, 2018 / www.mining.com

Cobalt prices have been one of the main beneficiaries of the scramble for battery materials by auto manufacturers.The metal quoted on the LME recently topped $80,000 a tonne, a gain of 140% since the beginning of last year. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.Negotiating a price for a streaming deal could be complicated by the limited si...Read More

Shares in Vancouver vanadium junior tank after securities probe

January 30, 2018 / www.mining.com

Shares in Vanadiumcorp Resource Inc (CVE:VRB) slumped Tuesday after the company announced the preliminary economic assessment for its flagship Lac Dor?(C) project in Quebec is being reviewed by regulators.During lunchtime trade the Vancouver-based junior was exchanging hands for $0.14, down just shy of 10 % on the TSX Venture Exchange, in higher than usual volumes. The microcap is now worth $32.5...Read More

WEEKLY BASE METAL PREMIUMS REPORT 30/01

January 30, 2018 / www.metalbulletin.com

A summary of base metals premiums across the globe for the week to Tuesday January 30.Read More

LIVE FUTURES REPORT 30/01: LME nickel prices close 3% lower; base metals pull back from last week's highs

January 30, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange closed in negative territory across the board on Tuesday January 30, with nickel slumping over 3%. Nickel prices rallied to a fresh two-and-a-half-year high of $13,915 per tonne last week, but has now come under increased selling pressure and a downward correction. "It's [nickel's] price action can be quite volatile. We are seeing broad based ri...Read More

APEX 2017: Base winner hits 96.4% accuracy for 2017, precious winner gets 97.9%

January 30, 2018 / www.metalbulletin.com

ABN Amro's Casper Burgering took the top spot on Metal Bulletin's Apex 2017 yearly base metals leaderboard with an accuracy rating of 96.4%.In second place for base metals was Investec with an accuracy rating of 96.1%, while Ed Meir of INTL FCStone was in third with 96%. Metal Bulletin Research took fourth place with 95.60% and Bert Melek from TD Securities was fifth with 94.10%. In the precious m...Read More

Asia Drives Growth in Swiss Watch Exports

January 30, 2018 / www.diamonds.net

RAPAPORT... Swiss watch exports grew last year amid stronger demand fromAsian markets, the Federation of the Swiss Watch Industry reported Tuesday.Exports for 2017 increased 2.7% year on year to $21.29billion (CHF 19.92 billion). Shipments to China jumped 19% to $1.64 billion(CHF 1.54 billion), while supply to Hong Kong rose 6% to $2.7billion (CHF 2.52 billion). Those improvements outweighed...Read More

GULF STEEL BILLET, REBAR: Most prices stable; import markets silent

January 30, 2018 / www.metalbulletin.com

Most of the prices for rebar and billet in the United Arab Emirates and Saudi Arabia were stable this week while imports were silent, sources told Metal Bulletin on Tuesday January 30.Demand for local rebar, meanwhile, was strong in the UAE. Domestic rebar Major local rebar producers in the UAE announced new prices on January 16. The country's biggest producer, Emirates Steel, is offering rebar at...Read More

Indian Bourse to Hold First Diamond Week

January 30, 2018 / www.diamonds.net

RAPAPORT... The Bharat Diamond Bourse (BDB) will host its first Indian DiamondWeek, featuring 200 to 250 polished-diamond companies, the organization saidMonday. The event, which will take place in April in Mumbai, aims tofoster connections between global buyers and Indian bourse members. While WorldFederation of Diamond Bourses (WFDB) members will receive priority, the eventis open to all diamond...Read More

De Beers Reports Provisional Sales of $665M of Rough at 1st Sale of 2018

January 30, 2018 / www.idexonline.com

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $665 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018, due to industry restocking following the holiday sales season.   Bruce Cleaver, CEO, De Beers Group, said: "Following positive early signs for diamond jewellery sales over the holiday season in the US, the need for the industry to...Read More

NORTH AMERICAN MORNING BRIEF 30/01: LME base metals lower; Noble Group reaches restructuring deal; Chadha to join Kyen Resources

January 30, 2018 / www.metalbulletin.com

The latest metal markets news and price moves to start the North American day on Tuesday January 30.Base metals prices on the London Metal Exchange were lower across the board after prices corrected from last week's gains.Nickel prices are the worst affected, down over 2%, as the result of a sell-off. But prices do remain firmly above the $13,000 per tonne barrier...Read More

Industry restocking boosts De Beers' cycle one rough diamond sales

January 30, 2018 / www.miningweekly.com

JOHANNESBURG (miningweekly.com) – Diamond miner De Beers achieved an “encouraging” sales performance in the first sales cycle of this year, with industry restocking contributing to increased demand for rough diamonds.The company sold $665-million worth of diamonds in the sales cycle, compared with sales of $445-million in the tenth cycle of 2017.Advertisement“This seasonal...Read More

GIA Allocates $2M for New Scholarships

January 30, 2018 / www.diamonds.net

RAPAPORT... The Gemological Institute of America (GIA) will offer $2million in scholarship funds in 2018 to students in its gemology and jewelry-manufacturing-arts programs.  The fund includes a new $500,000 endowment -the Charles and Erna Leutwyler Memorial Scholarship - named for two Texas jewelryretailers and GIA alumni, and donated by their estate. The scholarship provides$18,000 toward s...Read More

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