- Reuters
Canada asks chemical plants to check pollution after leaks hit Indigenous community
Canada on Friday ordered some petrochemical plants in Ontario to take strict measures to control pollution from cancer-causing chemical benzene after release from a facility forced a First Nation community to declare a state of emergency. Federal Environment and Climate Change Minister Steven Guilbeault issued the order to the petrochemical industry in Sarnia, Ontario, a city less than 300 km (186 miles) west of Toronto. Last month, Aamjiwnaang First Nation declared a state of emergency due to a chemical release from German company INEOS Styrolution's plastic manufacturing plant, which resulted in at least 10 people visiting the hospital.
- Yahoo Life Shopping
The 27 best Walmart deals to shop this weekend — save up to 75% on early Memorial Day sales, summer essentials and more
Ready for your pre-summer perusal: A massive patio umbrella for over half off, a 65-inch Hisense smart TV for under $500 and a Keurig hot/iced coffeemaker for nearly $70 off.
- Yahoo Finance Video
The story behind the surge in silver, copper, and gold
Copper (HG=F) and Silver (SI=F) have both risen to new highs as demand increases for these metals, while Gold (GC=F) also rises as China's Ministry of Finance proceeds with a stimulus plan involving the sale of $138 billion worth of ultra-long special sovereign bonds. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone joins Market Domination Overtime to give insight into metals and how the markets might trade moving forward. McGlone elaborates on what could happen with silver as China looks to buy many precious metals: "There's potential rumors that, we know China has been the biggest buyer of gold, not just Chinese Central Bank, but citizens. There may be some hoarding of silver, but the key thing I'm more worried about silver is that it might follow that path, that autocorrelation path in copper which spikes and then goes back down. In the macro, the big picture, though, I'm very favorable in terms of commodities, most favorable to metals versus most other commodities. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
