Category: Metals & Mining
The analysis published under this category are as follows.
Sunday, May 05, 2019
US $2 Trillion Infrastructure Plan Will Require Mega Metals / Commodities / Metals & Mining
By: Richard_Mills
The White House and Congress finally agreed to put their significant differences aside and work together on something constructive, no pun intended.
On Wednesday it was announced that President Trump and Democratic congressional leaders plan to spend $2 trillion on US roads, bridges, power grids, water and broadband infrastructure - bricks and mortar priorities that are sorely underfunded in both the United States and Canada.
For more on this, read our The global infrastructure deficit: the road not yet taken
“We just had a very productive meeting with the president of the United States,” House of Representatives Speaker Nancy Polosi said during a press scrum, adding: “We did come to one agreement: That the agreement would be big and bold.”
Read full article... Read full article...
Friday, February 15, 2019
Plunging Inventories have Zinc Bulls Ready to Run / Commodities / Metals & Mining
By: Richard_Mills
On Tuesday zinc inventories in London Metal Exchange (LME) warehouses sunk into territory that one metal analyst believes could signal a major price kick for the base metal, used mostly for galvanizing steel to prevent corrosion.
The one-year chart below shows LME inventories falling steadily, touching the 108,425-tonne mark as of Feb. 11 - a 52-week low. It’s a long way from the annual high of 256,175 tonnes reached in August.
Cormark Securities mining analyst Stefan Ioannou said last fall that if zinc supply drops 2,000 to 3,000 tonnes a day it would be a very bullish price signal, especially if inventories go as low as 100,000 tonnes. The one-week chart shows zinc inventories dropping from 112,750 tonnes on Feb. 5 to 108,500t on Feb 11 - a fall of 4,250 tonnes, and within only 8,000 tonnes of Ioannou’s100,000t target zone.
Read full article... Read full article...
Monday, October 15, 2018
2019’s Hottest Commodity Is About To Explode / Commodities / Metals & Mining
By: OilPrice_Com
It’s the most critical economic resource you’ve never heard of.
Element “V”.
Without this unknown commodity, you can’t build as strong a bridge, factory or skyscraper. It’s used extensively in planes, trains and supertankers.
It could soon form the backbone of America’s $386 billion electrical grid.
Forget oil or gold. Wars could even be fought over this unusual metal.
The scary part? None of it is produced in the United States. China, Russia and South Africa control almost all of the global production, and we’re locked in the middle of a trade war.
Read full article... Read full article...
Wednesday, August 22, 2018
Just Take The Metals Out Back And Shoot Them! / Commodities / Metals & Mining
By: Avi_Gilburt
So, does my title appropriately capture the sentiment about metals right now?
While the title may seem a bit extreme to some of you, many are leaving the metals for dead, and others have already written their obituaries.
Read full article... Read full article...
Friday, August 10, 2018
Getting Dangerous To Be A Bear In Metals / Commodities / Metals & Mining
By: Avi_Gilburt
First published Sat Aug 4 for members of ElliottWaveTrader.net: As the world-wide population has grown, much concern has been building regarding how we will be able to continually feed this ever-growing population. Since there are only so many resources available, many scientists question our ability to produce enough food to be able to sustain our population.
I think we are getting to the same point regarding the bears in the metals market. What invariably occurs within markets is that the more entrenched a trend becomes, the greater the number of believers in that trend grow. So, as a bull market hits its highs, with the great majority believing the rally will go on forever, there is no one left to continue to buy to push it even higher. That is why bull markets do not end because of selling, but, rather, a lack of buying. There are no more buyers to bring to the market since everyone has been converted into a buyer and those buyers simply run out of money.
Read full article... Read full article...
Monday, January 22, 2018
This Could Be The Hottest Mining Stock Of 2018 / Commodities / Metals & Mining
By: OilPrice_Com
...
Thursday, January 04, 2018
Chartology of the Canadian Venture Composite Index $CDNX / Commodities / Metals & Mining
By: Rambus_Chartology
Tonight I would like to start out by looking at the $CDNX, Canadian Venture Composite Index, which blasted higher last week and is following through this week. The reason this index is so important is because it not only has many junior precious metals stocks, but also many small cap energy related stocks as well as other speculative venture capital stocks from other sectors. This is a very good sign for the overall stock markets and commodities in general, as it shows risk capital is finding a home in which to park. This is another important clue that there is no top in the stock markets yet, because the risk on trade is still healthy.
Friday, December 01, 2017
Why Have You Been So Quiet About Metals? / Commodities / Metals & Mining
By: Avi_Gilburt
The question in the title is one of the most frequent comments I have been getting of late. And, the answer is quite simple: They are not doing anything right now. In fact, if you look at the charts, we have been in the same general region for several months.
But, you see, many of you really don’t want an update to know what I really think about the complex. Rather, many of you want an update to either soothe your emotions about the market, or to provide some confirmation bias for you. It has become purely emotional for you, so you feel the need to constantly deal with your emotions.
Read full article... Read full article...
Thursday, October 26, 2017
XME Miners/Metals ETF Pushing Towards Significant Breakout / Commodities / Metals & Mining
By: Mike_Paulenoff
The SPDR S&P Metals and Mining ETF (XME) could be on the verge of a surprising, very powerful upside breakout after completing a 6-month corrective accumulation period.
After Trump was elected last November, the XME climbed from just under 25 to a February 2017 high at 35.21, or a whopping 41%, in anticipation of the enactment of the Trump agenda, concurrent with lower taxes, stronger economic growth, and upward pressure on inflation.
Read full article... Read full article...
Tuesday, October 24, 2017
Vanadium: The Metal We Can’t Do Without And Don’t Produce / Commodities / Metals & Mining
By: Richard_Mills
From swords to jet engines
One of the world’s least known metals is also of great importance, and likely to become more so as renewable energies catch up with and possibly eclipse fossil fuels. Yet vanadium’s primary use as a steel alloy is set to keep prices buoyant and North American explorers racing to find a domestic source of the metal that was once used to make swords so strong and sharp the mere sight of them struck fear into the hearts of their enemies.
Read full article... Read full article...
Thursday, September 14, 2017
The $10 Trillion Resource North Korea Can't Tap / Commodities / Metals & Mining
By: OilPrice_Com
North Korea may not have proved petroleum reserves, but it’s estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.
Of course, there are no official reports on how much North Korea’s mineral wealth really is, but according to rough estimates from earlier this decade, Pyongyang’s deposits of coal, iron ore, zinc, copper, graphite, gold, silver, magnesite, molybdenite, and many others, are worth between US$6 trillion and US$10 trillion, as per South Korean projections reported by Quartz.
Read full article... Read full article...
Thursday, July 20, 2017
Basic Materials and Commodities Analysis and Trend Forecasts / Commodities / Metals & Mining
By: Rambus_Chartology
Since the Basic Materials sector is breaking out I would like to take an in-depth look at some of the stocks that make up the Basic Materials sector along with some commodities in general. Most commodities have had a tough go of it since they topped out in 2011, but there are some signs that they may be bottoming, which could lead to a substantial rally over the intermediate to the long term. As you will see some of the bottoming formations are very symmetrical while others are pretty ugly, but as long as they can make a higher high and higher low an uptrend is in place.
Lets start with the CRB index which built out a one year bearish rising wedge formation that broke to the downside in March of this year. The price action has been chopping to the downside and has gotten a bounce to the upside in late June. Normally the price objective of a rising wedge is down to the first reversal point where the pattern started to build out.
Read full article... Read full article...
Wednesday, June 14, 2017
Hell Freezes Over: CFTC Finds Trader Guilty of Metals Price Rigging / Commodities / Metals & Mining
By: MoneyMetals
It must have been painfully awkward for the Commodity Futures Trading Commission (CFTC).
Last year, Deutsche Bank settled a civil suit involving blatant market rigging and turned over reams of information, including chat logs and voice recordings. The trove contained plenty of damning evidence which had gone overlooked by the CFTC.
Read full article... Read full article...
Monday, May 29, 2017
How Investors Can Profit From The Coming Resource Wars / Commodities / Metals & Mining
By: OilPrice_Com
...
Wednesday, May 24, 2017
The No.1 Commodity Play In The World Today / Commodities / Metals & Mining
By: OilPrice_Com
...
Tuesday, May 23, 2017
The Only Metal Trump Wants More Than Gold / Commodities / Metals & Mining
By: OilPrice_Com
...
Sunday, March 26, 2017
Major Supply Shortage: Critical Minerals Igniting Cobalt Bull Market Mania / Commodities / Metals & Mining
By: Metals_Report
Collapsing oil prices are only the beginning as fossil fuels are turning into a historic relic, says Kenneth Ameduri, chief editor of Crush the Street. He discusses two commodities whose demand he expects to skyrocket as the world shifts to cleaner energy.
Elon Musk is at the forefront of this movement with his innovations that are turning fossil fuels into a historic relic. Some say oil's true price per barrel with the "supply glut" that exists and the innovations in the battery space is $20 per barrel.
Read full article... Read full article...
Monday, March 20, 2017
Physical Metals Demand Plus Manipulation Suits Will Break Paper Market / Commodities / Metals & Mining
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now, and he puts out some of the best analysis on banking schemes, the flaws of Keynesian economics and evidence of manipulation in the gold and silver markets.
Craig, it's great to have you back and thanks for joining us again today and, how are you?
Read full article... Read full article...
Monday, February 06, 2017
How Investors Can Profit From Trumps Military Ambitions / Commodities / Metals & Mining
By: OilPrice_Com
Tesla just activated its battery gigafactory, and China is moving to hoard the world’s cobalt supplies at the same time that Trump promises a military build-up that can only happen with the precious metal. This all means supply panic for everything from the electric car break-out to the military industrial complex.
Right in the middle of this we have small-cap North American explorers—our new potential barons-in-the-making—in whose hands our energy revolution now lies.
Read full article... Read full article...
Monday, January 30, 2017
Manganese Is Energy Critical / Commodities / Metals & Mining
By: Richard_Mills
In 1917 the War Industries Board (WIB) noted that the United States was deficient in certain minerals of great importance to war making and self defense. A pre-World War II list of materials contained a total of 29 materials: 14 were strategic materials that ‘must be based entirely or in substantial part on sources outside the United States.' There were 15 critical materials that would be easier to source, perhaps even domestically, than the strategic materials.
The 1939 Strategic Materials Act authorized US$100 million to purchase strategic raw materials for a stockpile of 42 strategic and critical materials needed for wartime production.
Read full article... Read full article...