Risk sentiment was borderline negative on the morning of Wednesday June 12 after the possibility of US President Donald Trump and China's Xi Jinping meeting later this month at the Group of Twenty (G20) Summit in Japan was dubbed extremely unlikely.Trump threatened more tariffs on Chinese imports if there is not enough progress on trade negotiations with China or if the meeting with President Xi d...Read More
The price in Europe for molybdenum oxide rose in the first half of the week ended Wednesday June 12, with a workers' strike at Molymet's Nos plant in Chile supporting sentiment in an already tightening market.Earlier in the week, workers affiliated with trade union No1 at the Nos plant, Molymet's main production unit, went on strike after rejecting the Chilean molybdenum producer's latest offer in...Read More
South African ferro-chrome producer Mogale Alloys will idle two furnaces amid low ferro-chrome prices and rising costs, owner Afarak announced on Wednesday June 12.The plant normally produces 110,000 tonnes per year of ferro-chrome. It will continue to produce 4,000 tonnes per month of plasma charge chrome and 1,400 tpm of medium carbon ferro-chrome.The news came just a few weeks after Helsinki-he...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday June 12:The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday June 12:Aluminium scrapGroup 1 pure 99% & litho: ?1,260-1,300...Read More
Please check out myt-shirts and support by purchasing https://shop.spreadshirt.com/kevinsco...Follow me on Twitter https://twitter.com/kevinellerbe32Minorities for Trump on Facebook:https://www.facebook.com/groups/13615...FaceBook https://www.facebook.com/senseoutofno...Read More
Guest:Jayant Bhandari advises institutional investors on the natural resource sector. He was a Director on the board of Gold Canyon, a publicly-listed Canadian company, until its merger with another entity. Earlier, he worked for six years with US Global Investors (San Antonio, Texas), a boutique natural resource investment firm, and for one year with Casey Research. Before emigrating from India,...Read More
Rockridge Resources (TSX-V: ROCK) / (Frankfurt: RR0) is an exploration company focused on acquiring, exploring & developing mineral resource properties in Canada. Its focus is copper & base metals; more specifically - base, green energy & battery metals - of which copper is all three. Not just in any place, only top-tier mining jurisdictions such as Saskatchewan. And, only in mi...Read More
Rockridge Resources (TSX-V: ROCK) / (Frankfurt: RR0) is an exploration company focused on acquiring, exploring & developing mineral resource properties in Canada. Its focus is copper & base metals; more specifically - base, green energy & battery metals - of which copper is all three. Not just in any place, only top-tier mining jurisdictions such as Saskatchewan. And, only in mi...Read More
The demise follows Symbol starting operations at the 60%-owned Macy mine in mid-2018 and making its first shipment of a DSO zinc product in December.Read More
Dear Energy and Capital Reader,My name is Lillie, and I'm a first-year college student currently studying at the University of Amsterdam in the Netherlands.Given my many years of experience, I can safely say that I don't know much about most things; however, I do know a good opportunity when I hear one, and when my uncle offered to pay me to write 1,000 words on the Amsterdam Fintech conference, I...Read More
Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP) is the custodian of New Zealand's only material resource of ultralow cadmium, environmentally friendly pastoral phosphate fertilizer, and aims to be the premier supplier of direct application phosphate to the New Zealand and global agricultural sector. The low-cost resource located 400 meters under the water offshore New Zealand, represents one...Read More
It'll likely go down as the biggest IPO of the year.Beyond Meat (NASDAQ: BYND), the company that makes a pretty spectacular plant-based burger, debuted less than two months ago.Since then, the stock has climbed more than 313%.Those who got in early made a boatload of cash.Those who are chasing it now, however, are going to lose a lot of money.Although Beyond Meat is a solid company that will do ve...Read More
- Gary Christenson, The Deviant InvestorWe can face reality by swallowing the "red pill" (from the movie "The Matrix). This choice is uncomfortable because it opposes the propaganda from mainstream media, government statisticians, and Wall Street cheerleaders.The "red pill" road is difficult and sometimes lonely. Gold is a "red pill" choice.The "blue pill" path is easier and reassuring. Other...Read More
By: Ira EpsteinGold Fibonacci shows supports below, 18 DMA about to move above the 100 DMA, moving above is a bullish crossover:Read More
Here is the best explanation I've seen to date of how the U.S. stock market works. It is from John Jay, who posts regularly in the Rick's Picks Forum: "The stock market is the primary bag-man the Federal Reserve uses to transfer the U.S. Dollars they create from thin air to the .01%." Just so. When you consider how many hundreds of billions of dollars find their way into the pockets of the ve...Read More
Michael Pento joins us to discuss the causes of the ongoing financial crisis, the inevitable bursting of multiple debt and asset bubbles, how a wise investor can protect themselves, and the fact that war remains a possibility at the end of economic cycles that run concurrent with the decline of great empires.Michael Pento is a specialist in Austrian economics and is the President of Pento Portfoli...Read More
Jason Hartman talks with G Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable. [6:53...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
Discussed on this episode:- The origin of Shadow Stats- NAFTA's influence on economic record keeping- The government shutdown has impacted economic reporting- The next recession is underway and the Fed triggered itWalter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Gove...Read More