The European stainless steel market was stable this week, but with prices remaining depressed because of competition among sellers, Fastmarkets heard on Friday November 16.Imported material continued to arrive from Asia and combined with domestic materials to give consumers a glut of purchasing options.But although it remains a buyers' market, prices have not moved any lower...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday November 16:Aluminium scrapFloated Frag: ?,?1,000-1,050 per tonne from ?,?990-1,050Mixed turnings...Read More
Asia ferrous scrap prices are still falling this because because of weak demand from steel mills and ample supply from various origins.There were further price falls in the key import markets of Taiwan and Vietnam falls across most grades of heavy melting scrap, with containerized prices for Vietnam matching that of Taiwan.Vietnamese containerized ferrous scrap prices typically fetch a premium of...Read More
Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Friday November 16.Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Friday, with zinc, copper and tin registering gains while the rest of the complex weakened.Check Fastmarket MB's live futures report here. The availability of copper scrap units in...Read More
It's been a tough stretch - up until recently that is - for Eldorado Gold Corp (TSX:ELD)(NYSE:EGO).Eldorado stock is currently trading at less than $1 on the TSX Index following what has been an epic collapse in the company's stock price over the past eight years or so since commodity prices began tumbling back in 2011.Since then, ELD has lost more than 95% of its value, significantly outpacing th...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Mish Shedlock of MishTalk.com about the credit cycle turning. They discuss the recent Bloomberg opinion piece arguing that 'capitalism is not working.' They also talk about 50 million empty homes in China and what that portends for the global economy.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report...Read More
Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to investors in prec...Read More
Schiller Institute science advisor Jason Ross discusses China's imperial ambitions in Africa through its Belt And Road Initiative and the challenges it poses to the US-dominated Bretton Woods system.Read More
"I'm not allowed to say that men aren't women or ask questions about the notion of transgenderism at all anymore? That a multi billion dollar company is censoring BASIC FACTS and silencing Continue...Read More
Precious metals expert Michael Ballanger discusses the recent rise in precious metals prices and what he sees ahead for the metals. As many of us have grown to appreciate over the years, forecasts tend to be nothing more than "educated guesses" and no matter what methods one uses, predicting directional and amplitudinal movements in economics or finance or asset prices is analogous to standing in...Read More
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical.Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hinds...Read More
The major gold miners’stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarterearnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, andproduction-growth struggles persisted. But these elite companies did hold the line on costs, portending soaringearnings as gold recovers.&...Read More
Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed’s unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low...Read More
Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSMetals & Markets: Ted Butler, the world's foremost expert on the JP Morgan silver manipulation story, joins us as this week's special guest... Ted Butler of Butler Research interviewed by James Anderson for SD BullionGold and silver markets held up in price this week. Gold spot prices appear to be...Read More
Most people assume that their financial standing is defined by how much they earn, how much they're worth, or some combination of both. And there's no doubt that this has some bearing. Forbes magazine defines "rich" as a person who earns in excess of $1 million per year (about $83,333 per month, or just under $20,000 a week), and "poor" as someone who earns less than $25,000 a year.But even more i...Read More
Nov 19, 2018 Guest(s): Matthew Lennox-King President, CEO & Director, Contact Gold The goal of an exploration company is to take ownership of each project and not focus on selling assets to major miners, said Matthew Lennox-King, president and CEO of Contact Gold. "The only way you can attract that attention [from the majors] is to continue to advance the project as if you're going to own it. Th...Read More
Nov 19, 2018 Guest(s): Matthew Turner President, CEO & Director, Rockhaven Resources The Yukon has had a history of being the last jurisdiction to be explored in a cycle and the first to get cut, but recent developments have changed that, said Matthew Turner, president and CEO of Rockhaven Resources. "In these cycles, it was the last jurisdiction that would get the exploration dollars and the fi...Read More
Nov 19, 2018 Guest(s): Ugo Landry-Tolszczuk President, COO, CFO, SRG Graphite Inc. Graphite is less talked about but is just as important as lithium and cobalt as a component to the electric vehicles, this according to Ugo Landry-Tolszczuk, president of SRG Graphite Inc. "Graphite, a little bit, has been the forgotten metal. I think what we've seen in the lithium space, the cobalt space, I think...Read More
"When the financial elites are dealing with hopeless situations, they will make decisions that they know are absolutely foolhardy, have no merit and no prospects for success long term."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-...Read More
Just days after taking back the House, a Democratic Congressmen has proposed outlawing "military-style semi-automatic assault weapons" and forcing existing owners Continue...Read More