Subscribe: http://smarturl.it/SubscribePlacebohttp://www.placeboworld.co.uk/Placebo - Leni (Official Audio) taken from 'Black Market Music B-Sides'#PLACEBO20---------http://smarturl.it/FollowOnSpotifyhttp://www.placeboworld.co.ukhttps://www.facebook.com/officialplacebohttps://twitter.com/placeboworldhttp://instagram.com/placeboworldhttps://plus.google.com/+placeboworld---------This is the official...Read More
Along with the rest of the base metals complex tin enjoyed a nice bump on Thursday on speculation that Chinese miners are getting serious about production cuts and Beijing may start stockpiling metals to make the most of low prices.Tin gained nearly 2% to trade just under $15,000 on Thursday, recovering from a low of $14,200 a tonne hit earlier this week. The metal is still trading down more than...Read More
Party like it's 2008On Thursday, base metals rebounded from financial crisis levels hit earlier this week on speculation of output cuts in China, hopes a new program of stockpiling by the state and a possible probe by Beijing into short-selling by Chinese hedge funds.In New York trade on Thursday copper for delivery in March gained more than 2% to $2.09 per pound. On Monday the red metal hit i...Read More
Rio Tinto's (LON:RIO) decision on its long-delayed expansion of the Oyu Tolgoi copper and gold mine in Mongolia is likely to be affected by the current slump of the metal, which hit a fresh six-year low this week.The world's-second biggest miner, which began production from an open pit of Oyu Tolgoi over two years ago, has not finished lining up financing for the $5 billion expansion, Reuters rep...Read More
The depth of a bull market speaks to the size of the recovery and Rick believes that this bear market could be one for the history books. But when will the bear end?The depth of a bull market speaks to the size of the recovery and Rick believes that this bear market could be one for the history books. But when will the bear end?Watch Interview with Rick RuleTalking points from this week's intervie...Read More
Sell gold because of Draghi? Bank President Mario Draghi has been promising to pursue inflation with a vengeance. He recently vowed to "do what we must to raise inflation as quickly as possible." Draghi's efforts, which have driven down the euro, have somehow been taken by Wall Street as a great opportunity to sell gold. That's ridiculous. – CNBCDominant Social Theme: Whate...Read More
Remembering Woodrow Wilson's racism isn't enough. It's much easier to condemn one man's racism than to confront the institutional and cultural racism that haunts our nation. – USA Today OpinionDominant Social Theme: Racism needs to be opposed in all its forms. If people want to clump together, they should be forcibly separated.Free-Market Analysis: What is racism? USA Today i...Read More
Sell gold because of Draghi? Bank President Mario Draghi has been promising to pursue inflation with a vengeance. He recently vowed to "do what we must to raise inflation as quickly as possible." Draghi's efforts, which have driven down the euro, have somehow been taken by Wall Street as a great opportunity to sell gold. That's ridiculous. – CNBCDominant Social Theme: Whate...Read More
Remembering Woodrow Wilson's racism isn't enough. It's much easier to condemn one man's racism than to confront the institutional and cultural racism that haunts our nation. – USA Today OpinionDominant Social Theme: Racism needs to be opposed in all its forms. If people want to clump together, they should be forcibly separated.Free-Market Analysis: What is racism? USA Today i...Read More
It's hard to find an analysis of the mining and minerals sector that offers even a glimpse of a brighter future.A new report by consultants McKinsey & Company takes a fresh look at the industry and finds much of today's doom and gloom is misplaced.The study suggests that the steadily deteriorating quality of accessible resources combined with the current cuts in new mine investment, will likely sq...Read More
Anglo American sold the Mantos Blancos copper mine in Chile (pictured) earlier this year.Shares in Anglo American (LON:AAL), the second-worst performer in the FTSE 100 after Glencore this year, plummeted Wednesday, after HSBC downgraded it to 'reduce' from 'hold' and highlighted the miner's precarious cash flow situation may force it to cancel its dividend.The diversified miner's stock closed down...Read More
El Morro and Relincho projects are located approximately 40 km apart in Chile's Atacama region. (Image from archives)Canadian mining giants Goldcorp (TSX:G), (NYSE:GG) and Teck Resources (TSX:TCK.A & TCK.B) (NYSE:TCK) have finished combining their respective El Morro and Relincho projects in Chile.The projects, located approximately 40 kilometres apart in Chile's copper-rich Atacama region, are...Read More
The Fed is About to Make Life Harder For Big Banks … It's considering changes to its annual stress test. The Federal Reserve administers stress tests to the largest U.S. banks each year to see how they would fare in a hypothetically turbulent economy. The regulator is expected to make those tests more difficult to pass. No changes have officially been proposed but, as the New York Times...Read More
NATO urges calm after Turkey downs Russian jet … NATO and UN urge a de-escalation in tensions between Ankara and Moscow after Turkish planes shot down Russian jet. … NATO has called on Turkey and Russia to show restraint as tensions rise in the wake of the downing of a Russian jet near the Turkey-Syria border. The Russian warplane was shot down for violating Turkish airspace on Tuesday...Read More
The Fed is About to Make Life Harder For Big Banks … It's considering changes to its annual stress test. The Federal Reserve administers stress tests to the largest U.S. banks each year to see how they would fare in a hypothetically turbulent economy. The regulator is expected to make those tests more difficult to pass. No changes have officially been proposed but, as the New York Times...Read More
NATO urges calm after Turkey downs Russian jet … NATO and UN urge a de-escalation in tensions between Ankara and Moscow after Turkish planes shot down Russian jet. … NATO has called on Turkey and Russia to show restraint as tensions rise in the wake of the downing of a Russian jet near the Turkey-Syria border. The Russian warplane was shot down for violating Turkish airspace on Tuesday...Read More
Al Korelin talks with Jay about his radio program and website with podcasts, explains what the goal is for KEReports.com and talks about some of the guests.Read More
Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recoveryIt's been a brutal November for copper which despite a nice bump on Tuesday is down more than 10% during the month.In New York on Tuesday copper gained 2.5% to $2.06 a pound after coming dangerously close to dropping through $2.00 on Monday, the lowest since Mar...Read More