Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

China's nickel plate premiums fell amid a closed arbitrage window while market participants in Europe and the United States reported minimal buying interest in the week to Tuesday March 16.Poor arbitrage muted Chinese nickel plate market.European plate premiums reach balance with great demand for briquetteUS spot buying due to increase post-pandemicChina's nickel premium down; nickel sulfate upwar...Read More

Share this article TORONTO - Tinka Resources Ltd. [TK-TSXV; TKRFF-OTC; TLD-FSE] shares rallied in heavy trading volume Wednesday, March 17 after the company released new drilling results from the company's Ayawilca Project in Peru.The latest results include assays from six diamond drill holes from a 2020-2021 resource expansion and infill drill program.Four holes were located in the Camp area, an...Read More

"You have to check out Ben Franklin... How does Wall Street NOT see it coming?"When my colleague Alex Koyfman floated this odd question my way in the predawn hours this morning, I'll admit I was a bit confused at first.But if there's one thing I've learned over the past decade, it's to pay close attention to Alex whenever his excitement reaches a pitch like this. When Alex gets this excited, peop...Read More

GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) is a Canadian-based silver and gold producer, focused on operating, developing, exploring and acquiring high-quality projects in Mexico. The Company operates the Parral Tailings mine, in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects, in the state of Jalisco. We learned from Bradley Langille, President, CEO...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 17 that are worth another look.The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.Treatment charges (TCs)...Read More

Domestic prices for steel hot-dipped galvanized coil in Europe moved up again over the week to Wednesday March 17, due to a material shortage combined with strong demand, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe, was ?,?900-930 ($1,073-1,108) per tonne on March 17, up by ?,?10-30 per tonne week on week from ?,...Read More

Italian re-rollers have achieved a price rise in the domestic market for their heavy steel plate, due to the higher cost of steel slab feedstock, sources told Fastmarkets on Wednesday March 17.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?665-680 ($793-810) per tonne on March 17, up by ?,?10-15 per tonne from ?,?650-670 per tonne a week earlier....Read More

Prices for steel hollow sections in Europe were unchanged week-on-week on Wednesday March 17 despite mills taking on higher feedstock costs, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was unchanged at ?,?860-890 ($1,025-1,061) per tonne on Wednesday.The corresponding assessment for steel sections (medium), domestic, deli...Read More

Steel wire rod prices in Northern Europe have remained stable at high levels, with sentiment for April being upbeat on persistent shortages, good demand and limited imports, market sources told Fastmarkets on Wednesday March 17.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?660-690 ($787-822) per tonne on Wednesday, stable for th...Read More

Egypt consumed 471,000 tonnes of reinforcing bar (rebar) in February, down by 30.84% from 681,000 tonnes in the same month last year, according to Ramy Saleh, chief business development officer at Egyptian long steel producer El Marakby Steel.But Egypt's rebar consumption increased by 52.92% month on month, from 308,000 tonnes in January.Egypt's rebar consumption has been...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 17 that are worth another look.The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.Treatment charges (TCs)...Read More

Turkish deep-sea scrap import prices have been weakening recently because of strong supplies, with steelmakers also staying away from the market due to limited steel sales, sources said on Wednesday March 17.The most recent deep-sea bookings occurred at the end of the last week, when two Baltic Sea cargoes were sold at $435-437 per tonne cfr on HMS 1&2 (80:20) basis.Since then, steel mills in Turk...Read More

Japanese steel scrap exporters are facing acute problems in sourcing vessels in which to make shipments, leading to an oversupply of scrap at exporters' yards which in turn is driving down prices, market sources told Fastmarkets on Wednesday March 17.Rising freight rates have been inflating cfr-basis scrap and steel prices across Asia in recent weeks but the situation in Japan is now so severe tha...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 17 that are worth another look.The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.Treatment charges (TCs)...Read More

*This interview was first released on March 11thJim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducte...Read More

Export prices for steel billet from the Commonwealth of Independent States (CIS) continued to fall amid a lack of trading activity in the week to Wednesday March 17.Customers took wait-and-see positions, expecting further drops in the prices for raw materials and finished long steel products.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calcula...Read More

A recap of the insanity and litany of lies, and what may be to come.Hope it doesn't.Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website is The Market Ticker. Read More

Iranian exporters of steel billet and slab enjoyed demand from China in mid-March, with a number of cargoes reported sold to the Asian country over the week to Wednesdau March 17.A trading source reported two small billet cargoes being sold by a trader to another trader for further sale to China at $545 per tonne fob Iranian ports."These 15,000 tonnes will be added to a larger cargo going to China...Read More

J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that o...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More