Recent News

LiCo Energy Metals jumps 25% on Ontario cobalt assays

January 03, 2018 / resourceworld.com

The Teledyne Mine portal near the historic Cobalt Mining Camp in northeast Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB] on Wednesday January 3 released assay results from drilling at its Teledyne property northeast of Cobalt, northeast Ontario. Investors reacted by sending the share price up 25% or $0.03 to $0.15 in morning trading. Volume was active, wit...Read More

DAILY SCRAP REPORT: Winter conditions, holidays keep Turkish imports quiet

January 03, 2018 / www.metalbulletin.com

The Turkish deep-sea scrap market remained quiet on Wednesday January 3, with supply still tight, according to market sources.Turkish mills were expected to book more cargoes for February but the suppliers were largely out of the market."Scrap collection is slow due to heavy winter conditions and holiday...Read More

LIVE FUTURES REPORT 03/01: Comex copper price slips for third straight day

January 03, 2018 / www.metalbulletin.com

The Comex copper price fell for a third successive day on Wednesday January 2, pressured lower by technical selling and a stronger dollar.Copper for March settlement on the Comex division of the New York Mercantile Exchange fell 2.2 cents or 0.7% to $3.2560 per lb. The contract had rallied throughout most of December, peaking at around a four-year high."Downside risks are likely to be...Read More

METALS MORNING VIEW 03/01: Metals' price rallies pause

January 03, 2018 / www.metalbulletin.com

Base metals traded on the London Metal Exchange are for the most part weaker on Wednesday January 3, led by a 1% fall in nickel prices to $12,530 per tonne. The rest are off between 0.4% for copperand 0.8% for aluminium, while tin is bucking the trend with a 0.5% rise. Volume has been light, with 5,367 lots traded as of 06:35 am London time. This comes after a mixed performance on Tuesday that saw...Read More

A Silver Stock Rated a Strong Buy

January 03, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop A Silver Stock Rated a Strong BuySource: Clive Maund for Streetwise Reports January 3, 2018 (Investorideas.com Newswire) Clive Maund conducts a technical analysis on a silver company and finds it is at a good entry point.There are a number of precious metal...Read More

IRAN FLAT STEEL IMPORTS: Buying weak amid political unrest, CIS national holidays

January 03, 2018 / www.metalbulletin.com

Buying activity in Iran's hot-rolled coil (HRC) and cold-rolled coil (CRC) import market has been sluggish in the week ending Wednesday January 3.Sources told Metal Bulletin this was largely due to national holidays affecting suppliers in the CIS region, which is the leading supplier of steel to Iran.However, had CIS mills been active in the market, trading activity with Iran would hardl...Read More

Exposed: Corrupt Bureau of Land Management Tried to Railroad Cliven Bundy

January 03, 2018 / www.thedailybell.com

The third trial of Cliven Bundy has ended in a mistrial. The prosecution failed to turn over documents that would have helped the defense.Two earlier trials ended in hung juries. On January 8th, a judge will decide if the case will be dismissed “with prejudice,” meaning that it cannot be once again brought to trial.This all started two years ago when Cliven Bundy asserted his rights...Read More

CHINA HRC: Domestic prices dip on falling futures

January 03, 2018 / www.metalbulletin.com

China's hot-rolled coil prices dipped on Wednesday January 3 following weakness in the paper market.DomesticEastern China (Shanghai): 4,280-4,300 yuan ($659-662) per tonne, down 10 yuan per tonne Northern China (Tianjin): 4,140-4,170 yuan per tonne, down 10 yuan per tonneDeclining futures dampened buying interest in the spot market, resulting in prices sliding during the day, according to market p...Read More

China AM: Ferrous futures down on high inventory, weak demand

January 03, 2018 / www.metalbulletin.com

China's ferrous futures dipped during morning trading on Wednesday January 3 with sentiment remaining bearish due to increasing steel inventory levels and weak demand.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,848 yuan ($592) per tonne, down 11 yuan per tonne May hot-rolled coil: 3,895 yuan per tonne, down 18 yuan per tonneDalian Commodity Exchange May iron ore...Read More

Argentina's ArcelorMittal Acindar appoints Pena Luz CEO

January 03, 2018 / www.metalbulletin.com

Argentinian steelmaker ArcelorMittal Acindar has named Marcelo Marino Pena Luz its new chief executive officer, the company announced on Tuesday January 2.He replaces Jos?(C) Ignacio Giraudo in the position.Pena Luz was previously vice president of operations at ArcelorMittal's Long Steel division in...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Lower

January 03, 2018 / news.goldseek.com

CloseGain/LossGold $1314.90-$3.30Silver$17.14-$0.03XAU87.08-1.19%HUI197.35-0.63%GDM660.98-0.75%JSE Gold1338.73+21.37USD92.18+0.32Euro120.12-0.53Yen88.97-0.15Oil$61.63+$1.2610-Year2.440%-0.018T-Bond152.28125+0.53125Dow24922.68+0.40%Nasdaq7065.53+0.84%S&P2713.06+0.64% The Metals: Gold dropped $6.40 to $1311.80 in Asia before it rallied to $1317.80 in London and then fell back to a new sessio...Read More

Strength or "Strength" in the Miners?

January 03, 2018 / news.goldseek.com

Gold moved visibly higher during the first session of the year and this time mining stocks accompanied it. In fact, it seems that they are back on the track after a short pause. What's the likely reason behind this year's rally and what does it imply going forward?Let's jump right into the mining stock charts (chart courtesy of http://stockcharts.com). Gold stocks indeed broke above the rising...Read More

PRICING NOTICE: Late publishing of CIS, Russia, Turkey ferrous prices

January 03, 2018 / www.metalbulletin.com

Due to a technical error, the following prices were not published by Metal Bulletin Group on Monday January 1:CIS Export Semi-finished and Flat steelCIS Export Semi-finished and Long steelCIS Billet IndexRussia Domestic Long and Flat steelTurkey Domestic Ferrous Scrap AssessmentsAll prices were rolled over from the previous week, due to seasonal holidays.Metal Bulletin Group's Price Book has been...Read More

2017 Mint Sales Set-up for Future Gains?

January 03, 2018 / news.goldseek.com

By Rory HallIf one is interested in picking up some numismatic coins that have the potential to carry some heavy premiums in the years to come 2017 could be one the years to add to your stack. Not all coins produced during 2017 will command high premiums in the future, and maybe not a single one will, but if one looks through the offerings at the US Mint, Perth Mint and Royal Canadian Mint I kno...Read More

David Morgan: We now have the opportunity to regain control of the entire financial system

January 03, 2018 / marketsanity.com

Click Here to Listen to the InterviewHead of The Morgan Report, David Morgan rejoins the show with comments on Bitcoin, Altcoins and the PMs sector.Contrary to the mainstream opinion, BTC and Altcoins are here to stay; digital currency represents a decentralized alternative to antiquated fiat money.While the uninitiated complain about the energy consumption of BTC mining, the cognoscente understan...Read More

Cryptos, Stocks, Gold and Silver: Things to Come in 2018

January 03, 2018 / news.goldseek.com

Join Mike Maloney for his latest report on what he expects for 2018. Bitcoin, stocks, gold, and silver are all covered in this in-depth look at today's financial climate...strap in because this is not going to be pretty - unless you are precious metals or crypto investor.If you enjoyed watching this video, be sure to pick up a free copy of Mike's bestselling book, Guide to Investing in Gold & Si...Read More

Lynette Zang: The Benefits of the New Tax Plan

January 03, 2018 / marketsanity.com

The pattern shift first noticed the end of September is now in it's 13th week. BofA Merrill Lynch confirms the shift with 11 out of their 19 bear market signals being triggered. Are the Feds ready?Tax law changes and repatriation provides fuel to push stock and bond markets higher. Of course, there are some positive changes for individuals that should put more money in their pockets and (hopefully...Read More

The Q/A Guide to Cryptos vs. Gold and Silver

January 03, 2018 / news.goldseek.com

By Jeff ClarkGold or cryptos?That's actually the wrong question, as Mike Maloney points out in his new episode of Hidden Secrets of Money. This movie-quality production follows his three-year journey into investigating the cryptocurrency landscape. He expected to find nothing but a digital payment system. Instead..."What I found is a technology that can revolutionize the planet." Gold and crypt...Read More

SOUTHERN EUROPE REBAR: Prices stable in quiet start to 2018

January 03, 2018 / www.metalbulletin.com

Domestic prices for rebar in Southern Europe have remained unchanged over the past week, with the majority of market participants yet to return from seasonal holidays, sources told Metal Bulletin on Wednesday January 3.Metal Bulletin's weekly domestic price assessment for Southern European rebar was stable at ?,?505-530 ($608-638) per tonne delivered on Wednesday."We have only just returned to the...Read More

Stock Market Update

January 03, 2018 / news.goldseek.com

By Gary SavageThis video explains why the stock market will be headed higher for now, and likely through the first week of earnings season.https://blog.smartmoneytrackerpremium.com/ Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok