Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Turkey's imports of flat steel increased by 25.09% year on year in November 2017, according to the Turkish Statistical Institute (TUIK). The country imported 758,499 tonnes of flat steel, compared with 606,378 tonnes in November 2016, TUIK statistics published on Friday December 29 showed. The increase in imports was attributed to the fact that the November deliveries were mostly booked in July, w...Read More
The Turkish deep-sea scrap market remained quiet at the end of the week due to the New Year holiday period.Turkish steel producers paused their deep-sea bookings at the end of the week but were expected to continue to book more cargoes for February, Metal Bulletin was told on Friday...Read More
Posted: Dec 29, 2017JK: Discovery Watch Dec 29, 2017 with Jim Goddard and John KaiserPublished: Dec 29, 2017HSC: Discovery Watch Dec 29, 2017: Will a Hunt for Lost Cities Pay Off?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The pro...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"If this can happen to me, I promise you, it can happen to anyone."Read More
Dennis Gartman discusses which commodities will go higher into the new year.Dennis Gartman has been publishing his daily commentary, The Gartman Letter, since 1987. Over the years, he has also conducted numerous presentations and courses on issues relating to the capital markets and derivatives for various brokerage firms, central banks, and U.S. government entities. In recent years, Mr. Gartman h...Read More
Editor's note: In today's end-of-year issue, you'll find four big investment ides we wrote about in 2017. But this is no bland "retrospective" list. These ideas couldContinue...Read More
Doubtless, that is what this year-end rally would be called in Trumpian lingo, and the "bigliest" of squeezes is in silver, where shorts have been closing moreContinue...Read More
I love the gold bugs!They're steadfast in warning that you can't live on perpetually-expanding debt... or money printing... or zero interest policies. Mainstream economists have been lulled into believing Continue...Read More
Where will it go from here? Today is another down-day for the US dollar, the third in a row, capping a nasty year for the dollar, the worst sinceContinue...Read More
Huma Abedin's first cousin, Omar Amanat, 44 and an associate were convicted of Fraud on Tuesday for deceiving shareholders in their tech company by Continue...Read More
Of major nations, only Japan, Greece, Italy, and Portugal have debt-to-GDP ratios higher than the US. With the new tax overhaul, U.S. government debt will rise by oneContinue...Read More
With gold moving above $1,300 on the last day of trading in 2017 there are a number of encouraging signs that developed in the last 2 and a half weeks. Jordan Roy-Byrne, Founder of The Daily Gold shares his insights on the price action and what it means for 2018. We look at the recent shift in sentiment in the COT reports as well as the put/call ration in GLD.Read More
Posted: Dec 29, 2017JK: Discovery Watch Dec 29, 2017 with Jim Goddard and John KaiserPublished: Dec 29, 2017HSC: Discovery Watch Dec 29, 2017: Will a Hunt for Lost Cities Pay Off?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The pro...Read More
Low default rates, a lack of investment alternatives and continued strong foreign demand will support high-yield bonds in 2018. Continue...Read More
Improved demand and higher prices have been a welcome change for tungsten market participants outside China this year, but when it comes to price moves and price floors, China still holds the cards. Benchmark ammonium paratungstate (APT) prices assessed by Metal Bulletin - and used across the tungsten supply chain - were at $295-300 per mtu, cif Rotterdam on Friday December 15.By contrast, prices...Read More
Improved demand and higher prices have been a welcome change for tungsten market participants outside China this year, but when it comes to price moves and price floors, China still holds the cards. Benchmark ammonium paratungstate (APT) prices assessed by Metal Bulletin - and used across the tungsten supply chain - were at $295-300 per mtu, cif Rotterdam on Friday December 15.By contrast, prices...Read More
Posted: Dec 29, 2017JK: Discovery Watch Dec 29, 2017 with Jim Goddard and John KaiserPublished: Dec 29, 2017HSC: Discovery Watch Dec 29, 2017: Will a Hunt for Lost Cities Pay Off?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The pro...Read More