Jack ChanPosted Feb 11, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation on gold is at a new high.Speculation on silver is at levels of previous tops.The big picture is bullish.Long-te...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday February 11 that are worth another look.A block on the World Trade Organization's dispute settlement process has paralyzed progress in steel cases, including those pertaining to Section 232, which could result in a disparity between steel prices in the United States and those in the rest of the world, according to two trade expe...Read More
BNP Paribas will take on the over-the-counter (OTC) base and precious metal clients of fellow French bank Soci?(C)t?(C) G?(C)n?(C)rale (SocGen), which is reducing its commodities exposure, both companies confirmed to Fastmarkets on Tuesday February 11.SocGen announced last April that it would be closing its OTC and proprietary commodities trading business, including metals, as part of a global cos...Read More
Key data from the pricing sessions in the United States, Europe and Asia for the week ended Friday February 7.United StatesKey drivers Prices in the US increased for the first time since February 2018, with suppliers raising their offer prices, partly due to reduced global supply of cheap material from China as a result of logistical issues stemming from the outbreak of the novel coronavirus (2019...Read More
Prices for ferrous scrap in the Mexican domestic market were down in four grades and stable in five other grades in the week ended Friday February 7, with consumers attempting to reduce prices but meeting resistance from sellers.At least two scrap consumers in the region around the city of Monterrey announced price cuts for several grades last week, in the range of 100-150 pesos ($5-8) per tonne.M...Read More
The Turkish deep-sea scrap import markets have gone quiet after suppliers withdrew their offers on the expectation of higher prices, sources said on Tuesday February 11.The mills have been seeing some improvement in demand for material over the past week, following a sharp decline in prices.Turkish deep-sea scrap import prices fell sharply on February 4, on news of fresh cargoes being booked.And f...Read More
India's recently announced national budget got a mixed response from the country's steel sector, with some describing it as "disappointing" while others said it was "promising," sources told Fastmarkets.The Indian government's $428 billion budget for 2020-21 was presented on February 1.Part of the budget concerned the soon-to-be-launched National Logistics Policy, which will include various infras...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday February 11 that are worth another look.A block on the World Trade Organization's dispute settlement process has paralyzed progress in steel cases, including those pertaining to Section 232, which could result in a disparity between steel prices in the United States and those in the rest of the world, according to two trade expe...Read More
BNP Paribas will take on the over-the-counter (OTC) base and precious metal clients of fellow French bank Soci?(C)t?(C) G?(C)n?(C)rale (SocGen), which is reducing its commodities exposure, both companies confirmed to Fastmarkets on Tuesday February 11.SocGen announced last April that it would be closing its OTC and proprietary commodities trading business, including metals, as part of a global cos...Read More
Once again rises across a broad set of markets suggest traders were less worried about the fallout from the Wuhan coronavirus (2019-nCoV) this morning, Tuesday February 11.LME base metals prices up by an average of 1.2%; SHFE base metals up by 0.7% on average. China's CSI 300 Index up by 1.2%.Gold prices are consolidating and were recently quoted at $1,568 per oz.Base metalsThree-month base metals...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonneFastmarkets has discontinued the calculation and publication...Read More
BECOME AN SFTP MEMBERhttps://www.youtube.com/channel/UCzsq...DONATIONS to SFTPhttps://twitch.streamlabs.com/sftp1Superchat takes 30% we recommend you donate via stream labs in the link above.MIXER https://mixer.com/TommyCSFTPMerchhttps://teespring.com/stores/sftp-off...Patreon https://www.patreon.com/tommycDISCORD http://discord.gg/shotfromthepointDownload SFTP Podcasthttps://soundcloud.com/shotfr...Read More
Hey guys and gals,Textguide: https://i.imgur.com/fTjN5lb.pngSign up for the best guides on the market www.patreon.com/golfclashtommyBECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR NEW WEBSITE-https://www.golfclashtommy.comThis is the guide and tutorial for the Golden Shot hard. I give you 9 shots.Let me know if you do have any questionsBusiness email,tommylofberg@gmail.comF...Read More
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Allan J. Lichtman discusses, "Repeal the Second Amendment", at Politics and Prose.Examining the failed strategies of the gun control movement, Lichtman, Distinguished Professor of History at American University and author of The Case for Impeachment and The Embattled Vote in America, argues that the only way to control the country's rampant gun violence is by repealing the Second Amendment. Drawin...Read More
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