U.S. Steel had a rough week.In fact, it has been a rough two weeks with the stock falling from $27 to just above $20. As it continues to fall, smart investors will be looking for where it will bounce. The bounce is likely to occur at a support trend line at $18.30-$18.50. I will be buying it at this level and expecting as much as a 10% bounce within days.

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Interest rates are nearing a key breakout. This goes in the face of the uber dovish Federal Reserve chatter from the Fed Minutes this past week. The bottom line is, interest rates can go up even if the Federal Reserve does not want them to. This is what is called an open market system. While the Federal Reserve can manipulate them through quantitative easing, lowering the Fed Funds Rate and other metics, ultimately, if time is up, time is up.

Interest rates are close to a breakout. This is likely to happen by early next week and it will be a huge F-U to the Federal Reserve. The big question is, how high will they go. Notice in the chart below of the $TBT which mirrors interest rates (yields). There is a down-sloping trend line connecting recent highs. There is also the daily 50 moving average. Both these points meet at the current price. When price breaks above them, it will be like a jail break and a mega surge is likely. It is possible to see the 10 year yield which currently trades at 1.58%, jump to 2.00%. While that does not sound like a lot, it is the equivelant of two rate hikes by the Federal Reserve.

#Investorideas Interviews CEO of #CypriumMining @CypriumMining(#TSX: $CUG.V); ”We find #Mexico, safe modern and friendly to business”

Point Roberts, WA, Delta BC – August 18, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors including mining stocks , issues a  recent exclusive  interview with Alain Lambert, Chairman and CEO  of Cyprium Mining Corporation (TSX-V: CUG). Cyprium’s main project is the re-opening of the Potosi silver mine which is one of Mexico’s most historic silver mine located in the world class mining district of Santa Eulalia, Chihuahua State, Mexico.

Alain talks about the background of the company, its strategy in acquiring assets and the development of the Potosi silver mine. He discusses the recent start of production and goes on to discuss the next phase of exploration and what to look for next. 

He also shares insight into the pros and cons of doing business in Mexico and the great team the company has assembled there. 

SilverCrest (TSXV: $SIL.V)Reports More High Grade Underground Sampling Results at Las Chispas; Multiple Sample Results Greater than 2,500 gpt AgEq*

VANCOUVER, BC – August 18, 2016 – (Investorideas Newswire) SilverCrest Metals Inc. (TSXV: $SIL.V) (“SilverCrest” or the “Company”) is pleased to announce an update on the underground rehabilitation program with additional assay results from underground channel sampling at its Las Chispas Project (“Las Chispas”) located in Sonora, Mexico. Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins of the fourteen historically reported veins at Las Chispas have had documented production, which occurred between 1880 and 1930. SilverCrest’s initial focus is on these three veins; the Las Chispas, William Tell and Babicanora. This news release reports on the sampling assay results of the William Tell vein. For more information on Las Chispas and recent channel sampling and drill results, please refer to our website at www.silvercrestmetals.com.