The three-month nickel price on the London Metal Exchange pushed up during morning trading on Thursday October 10, climbing by nearly 2% amid an ongoing drawdown of LME inventories. Nickel's outright price was recently trading at $17,620 per tonne, appreciating by around $285 per tonne with just over 1,800 lots exchanged as of 9:10am London time.LME nickel stocks now sit at 102,696 tonnes in total...Read More
Base metals prices on the Shanghai Futures Exchange exhibited mixed moves but were largely little changed during the morning trading session on Thursday October 10, with market participants digesting conflicting trade headlines.As has been the case for much of this week, the base metals seem content to drift while they await direction from high-level trade talks between China and the United States...Read More
Coal industry billionaire Hans Mende joined the board of Jupiter Mines on Wednesday October 9 as a non-executive director, the Australian Stock Exchange-listed mining company has announced.Mende is co-founder and executive chairman of AMCI Group, a substantial shareholder...Read More
China's domestic stainless steel prices increased slightly this week on a spike in restocking demand following a national holiday in the country on October 1-7.Fastmarkets' price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country's major market of Wuxi was 15,800-16,100 yuan ($2,214-2,256) per tonne including value-added tax for the week ended Wedne...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedThe future of mining is (still) peopleSPONSOREDproudfootAccenture's resources lead Ann Burns acknowledges one of the three aims in the Triple Zero concept is seen as the "holy...Read More
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Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
"The bearish consensus view on iron ore… is too bearish, in our view," said Jefferies analyst Christopher LaFemina in a note.Read More
The price of gasoline is soaring in California. In some places drivers report paying over $5 a gallon in what has become a record gap between the Golden State's gas prices and the national average.According to AAA, the average price for a gallon of gas in California is $4.183 right now - 63% higher than the national average. And it comes at a time when gas prices are traditionally lower.The blame...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 334,38358,82053,301167,755478,697555,439590,818 Change from Prior Reporting Period 11,5835,013-5,1984,70511,95911,09011,774 Traders 21469785451292175 Small Speculators LongShortOpen Interest 61,51826,139616,957 98229812,072 non reportable...Read More
Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still near record highs, the normal portfolio-diversification motive for owning gold is lacking. Thu...Read More
By: Ira EpsteinGold has been stuck for a week and a half trading around the 18-DMA..Read More
Do not believe in Trump on the trade deal. Let there be a trade deal and the details made public. Then only gold will fall. Till there is a confirmation of a trade deal, I will prefer to use a buy on sharp dips strategy for gold and silver. Intraday volatility will rise in gold and silver. Traders and investors are used to one way price moves. It seems they do not like wider range trading. I hav...Read More
RICO was designed to go after organized crime syndicates. It was first used against the mobsters in the 1930's during prohibition when all the bootleggers were running around killing people in the streets. Oh, and more importantly they weren't paying taxes on all the booze they were selling and you know how the government hates to cheated on their theft, I mean taxes. First of all that's why they...Read More
For Part 1 of this interview, CLICK HEREFor Part 2 of this interview, CLICK HEREIn this final part of the series, Mike and Chris discuss the ramifications of the growing political divide in the USA. What are the solutions? What can we do? Stay tuned until the end for Mike's trademark answer to these most important questions.Christopher Martenson is a former American biochemical scientist. Currentl...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Desperation continues at the Fed. They're expanding their balance sheet (again), but denying that it's QE, despite the fact that they've added almost $200 billion to their balance sheet in just a matter of days. Fed Chair Powell is also out-and-about pretending that everything is just fine. Central planners always box themselves into a corner. Neither lies, nor more counterfeiting can fix the trou...Read More
"Taken together with other deployments I have extended or authorized within the last month, this involves about 3,000 United States forces," the Pentagon chief said.Continue...Read More
In Canada, they are now fining people whose cell phone is visible in their car. You don't have to be using it at all. If it is simply visible it is deemed to be a distraction. Continue...Read More
Today's relief rally is brought to you by chastened US and Chinese trade negotiators who are now working on a "mini" trade deal that will apparently include a reduction in USContinue...Read More