Popular News

CHINA REBAR: Domestic prices tumble on despite rising futures

November 15, 2018 / www.metalbulletin.com

China's domestic rebar market maintained its downward trend on Wednesday November 14 despite rising futures. Domestic Eastern China (Shanghai): 4,390-4,430 yuan ($631-637) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 4,180-4,230 yuan per tonne, down 70 yuan per tonneAmid deteriorating air quality in northern China over the past couple of days, a few steel mills in the region have...Read More

Pfizer loses blockbuster drug patent fight in UK Supreme Court

November 14, 2018 / www.kitco.com

LONDON (Reuters) - Pfizer lost the final round in a long-running patent battle in Britain on Wednesday after the country’s highest court ruled against it in a case involving its $5 billion-a-year pain drug Lyrica.The Supreme Court decision is a blow for the U.S. drugmaker - which had sought to affirm a secondary medical use patent for the product - and a win for generic drug companies Actavi...Read More

Gold Seeker Closing Report: Gold and Silver Jump 1%

November 14, 2018 / news.goldseek.com

 CloseGain/LossGold $1211.90+$10.20Silver$14.15+$0.16XAU63.53+2.74%HUI143.45+3.61%GDM522.86+1.78%JSE Gold1080.74-2.00USD96.92-0.27Euro113.20+0.31Yen88.15+0.29Oil$56.25+$0.5610-Year3.122%-0.018T-Bond138.96875+0.375Dow25080.50-0.81%Nasdaq7136.39-0.90%S&P2701.58-0.76%  The Metals: Gold traded mostly higher in Asia before it dropped back to $1197.80 in London, but it then shot...Read More

Ira Epstein's Metals Video 11 14 2018

November 14, 2018 / news.goldseek.com

By Ira EpsteinGold responds to crude oil being lost by day's end. Is there another leg down in oil coming?https://www.iraepstein.com/ Read More

UPDATE 2-Italian bond yields jump as Rome sticks to deficit target

November 14, 2018 / www.kitco.com

* Italian bond yields at three-week highs* Italy sticks to growth, deficit plans in revamped budget* Sets stage for EU showdown* Core euro zone bond yields down (Adds Italian CDS, updates prices)By Dhara RanasingheLONDON, Nov 14 (Reuters) - Italian bond yields hit three-week highs on Wednesday, widening the gap over top-rated German peers, after Italy re-submitted its 2019 budget to the European C...Read More

Another Gold Spec Short Squeeze Pending

November 14, 2018 / news.goldseek.com

By Craig HemkeIt may not be enough to reverse the momentum or flip the downtrend, but another Spec short squeeze is coming. Of that, you can be certain. And how do we know this? Because the COMEX is a rigged casino! The market-making Banks have monopolistic control of the proceedings, and this grants them almost unlimited power to rig results in their favor. To the point, Speculators (primarily...Read More

Golden Arrow Chairman's Update

November 14, 2018 / news.goldseek.com

Vancouver, BC / Newswire / November 14, 2018 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company".I would like to update our investors, that Golden Arrow is currently on track to deliver exceptional growth in value for our shareholders. Despite the current softness in the mining markets, our Company has been busy executing on a strategy that...Read More

Merk Research - U.S. Equity Markets

November 14, 2018 / news.goldseek.com

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More

As Oil Plunges, Energy Junk Bonds Turn Dangerous Again

November 14, 2018 / news.goldseek.com

Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time:Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults NextThe price of oil has plunged nearly 40% since June to $65.63, and junk bonds in the US energy sector are getting hammered, after a phenomenal boom that pea...Read More

$2.06 Crude Target Absurd but Useful

November 14, 2018 / news.goldseek.com

Crude's price fluctuations are a circus act that I've watched with diminishing interest over the years. It's easy enough to predict short-term swings with sufficient accuracy to make money at it, as Rick's Picks subscribers who traded NYMEX futures and energy ETFs yesterday would be happy to attest. But paying diligent attention to the constant barrage of supply-and-demand spin that drives the b...Read More

Asian Metals Market Update: Nov 14 2018

November 14, 2018 / news.goldseek.com

Crude oil can rise anytime. Momentum can reverse on value-based buying. I am satisfied with the gold price performance yesterday. It did not nosedive. If gold and silver do not fall today, then there will be short covering and a rise. Any reconciliation between China-USA on the trade war issue will be bullish for copper and industrial metals. Right now everything is mere speculation. Next week...Read More

INTL FERRO-ALLOYS CONF: Manganese ore price fall more likely than silico-manganese rally

November 15, 2018 / www.metalbulletin.com

Manganese ore prices are overheated compared with production costs and manganese alloy prices, making them prone to a decline next year, panelists said at Fastmarkets' 34th International Ferro-alloys conference in Lisbon this week. Manganese ore prices have trended higher since May this year. Fastmarkets MB's 44% manganese ore index was last calculated at $7.13 per dry metric tonne unit dmtu,...Read More

Gerald Celente: Debt Balloon, Rising Oil and War Will Set Stage for New Economic 9/11

November 15, 2018 / marketsanity.com

Today on TruNews, Gerald Celente, the founder of Trends Research Institute, joins the program to discuss how the world may be facing a new economic 9/11 through an explosion of global debt, rising oil prices, and a new world war. Gerald details why peace was a dirty word in the 2018 midterms, why the rise of nationalism in Europe means the beginning of the end of the EU, and how a new SWIFT financ...Read More

Peter Schiff discusses the latest news concering gold

November 14, 2018 / marketsanity.com

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

Axel Merk - Economic Slowdown Coming To America?

November 14, 2018 / marketsanity.com

Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More

The 3 Biggest Threats To The Economy-Robert Kiyosaki featuring Richard Duncan

November 14, 2018 / marketsanity.com

There are three economic developments currently at play that likely will dramatically impact the global economy and your wealth. Asian-based economist Richard Duncan joins Robert & Kim to reveal these three developments, and more importantly, what you can do to navigate the inevitable disruption that will come from these threats.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the...Read More

Global trade conflicts pressure Voestalpine's H1 earnings down 11%

November 15, 2018 / www.metalbulletin.com

Special steelmaker Voestalpine attributed an 11% fall in its earnings for the first half of 2018 to continuing global trade conflicts, it said late last week.The Austrian company reported a decline of 11.2% in earnings before interest, taxes, depreciation and amortization (Ebitda) over April-September 2018, the first half of its financial year, to ?,?860 million ($969 million). This compared with...Read More

John Rubino - At Some Point the Whole Thing Blows Up

November 13, 2018 / marketsanity.com

"The concept of fiat currencies will be called into question when all this happens. The dollar might lead this down or some other fiat currency might lead it down. . . .At some point, they will realize all the fiat currencies are basically in the same boat. . . . We can't know the timing of this, but we can know what will do well when this happens, and that is gold and silver."John Rubino is the f...Read More

Paulson & Co keeps stake in gold investments during Q3 -filing

November 14, 2018 / www.mining.com

NEW YORK - Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal.With investors continuing to favor the U.S. dollar and riskier assets against the backdrop of a global trade war, New York-based Paulson &...Read More

Steen Jakobsen: The Four Horsemen Portend A Painful Reckoning

November 13, 2018 / marketsanity.com

Steen Jacobsen, Chief Economist and Chief Investment Officer of Saxo Bank sees economic slowdown ahead. Specifically, his "Four Horseman" indicators: the drivers of economic growth, are all flashing red.Jacobsen believes that the central banks will continue their liquidity tightening efforts for as long as they can get away with (i.e., until the financial markets start toppling over). In his opini...Read More

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