Near the start of every year, I share our ever-popular Periodic Table of Commodity Returns, now updated to reflect the final results of 2019. To view the interactive table and download a copy of your own, click here. Commodities as a whole had a mostly positive 2019, returning 16.53 percent as measured by the S&P GSCI. This far surpasses commodities' five-year average return of about negativ...Read More

By: Ira EpsteinWill Pelosi take away the trade-deal Trump victory with an impeachment delivery to the Senate?Gold APRIL (now updated) Futures. Gold is down the first trading day of the week, 18-DMA is at $1497 area and rising. Gold peaked out at missile day. Read More

RambusHeads UP ...from Rambus Chartology."You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It's not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to October...Read More

Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More

Domestic and import prices for steel rebar and billet in the United Arab Emirates have decreased over the past week, while demand was moderate, market sources said on Tuesday January 14.Market participants in the UAE believed that any price changes will depend on raw materials costs, and that demand was unlikely to improve significantly because stock levels were sufficient for the time being.Local...Read More

Rebar prices in eastern China rebar continued to soften on Tuesday January 14 despite a pick-up in the futures market, with demand remaining persistently weak.Eastern China (Shanghai): 3,640-3,670 yuan ($528-532) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,540-3,560 yuan per tonne, unchangedRebar futures posted strong gains during the day amid optimism generated by the scheduled...Read More

Export steel slab prices from the Commonwealth of Independent States (CIS) rose by $15-20 per tonne in the first half of January 2020 on steady customer interest as well as a surge in the flat steel segment.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was at $420-425 per tonne on Monday January 13, up by $15-20 per tonne from $405 per tonne fob a week earlier - a...Read More

China's Pangang Group has paused some vanadium pentoxide (V2O5) production at one of its three blast furnaces to conduct maintenance, a source at the company confirmed to Fastmarkets. The maintenance started last month and will last for 70 days, the source said. Around 1,000 tonnes of V2O5 will be taken out of production over this period at the company's Panzhihua production base. Pangang has two...Read More

Silicon and bulk alloys producer Ferroglobe has appointed Marco Levi as its chief executive officer, replacing Pedro Larrea, who leaves the company to seek new professional challenges, according to a company statement on Monday January 13. The new chief executive will be in charge of designing a new strategy that will lead the ferro-alloys maker, which has recently moved its headquarters to Madrid...Read More

* China Dec unwrought copper imports at 527,000 T - customs * Annual copper imports down 6% at 4.98 mln T - customs * Copper concs imports hit annual record high of 21.99 mln T * Dec aluminium exports highest since July; annual shipmentsdrop (Adds graphics)By Tom DalyBEIJING, Jan 14 (Reuters) - China's unwrought copper importsrose 9.1% in December from the previous month to their highestsince Marc...Read More

Bob Moriarty of 321gold reports on the latest drill results from this company's Montana project. The world is at an interesting junction. Awash in debt caused by promises that governments cannot possibly fulfill, civil disorder takes place in at least fourteen different countries. The U.S. political system has tied itself into partisan knots in an effort to replay the 2016 election with a Preside...Read More

The report updates and the company being a takeout target are discussed in an iA Securities report. In a Jan. 7 research note, iA Securities analyst George Topping reported that Rubicon Minerals Corp. (RMX:TSX; RBYCF:OTCMKTS) updated the mineral resource at its Phoenix gold project in Red Lake, Ontario.Topping highlighted that the updated resource now contains 811,000 ounces (811 Koz) in the Meas...Read More

Chinese auto output and sales continued to drop in 2019 despite recoveries in the second half of the year, the China Association of Automobile Manufacturers (CAAM) said.The country produced 25.721 million units of vehicles in 2019, down 7.5% from a year earlier, while sales fell 8.2% to 25.769 million units, CAAM reported on its official website on Monday January 13.China remains the world's large...Read More

The China Iron & Steel Association (Cisa) expects Chinese steel consumption to rise by 2% to 890 million tonnes in 2020 based on anticipated growth in the construction, home appliance and railway sectors, according to a report it released on Tuesday January 11.Cisa's forecast is more optimistic than that of the China Metallurgical Industry Planning...Read More

All three indexes scored record highs earlier todayThe Dow finished marginally higher today and hit fresh record highs, as Wall Street weighed bank earnings with the latest U.S.-China trade headlines. The "phase one" trade deal to be signed tomorrow reportedly involves China buying over $200 billion worth of U.S. goods in the next two years, and ensures the U.S. won't implement any new tariffs on...Read More

ETSY is also drifting into overbought territorySmall business retail platform Etsy Inc (NASDAQ:ETSY) has started off 2020 red-hot, already posting a nearly 10% gain. It's more of the same today, with ETSY up 1% to trade at $48.97, on track for its highest close since a late-October. However, this rally has sent the stock running head-first into a historically bearish trendline. More specificall...Read More

There remains lingering skepticism around the Dow stockSeveral Dow stocks have been featured in this space in recent months. The latest blue chip to catch our attention is Walmart Inc (NYSE:WMT), with the retail stock finishing last year right in the middle of the pack, gaining just 27.6% in 2019 -- tame compared to, say, Apple's (AAPL) 86.2% return. Nevertheless, WMT's climb higher last year was...Read More

China's finished steel exports in December tumbled on a year-on-year basis despite being higher compared with a month earlier.For the whole of 2019, exports are also lower in comparison with 2018, according to...Read More

WM has been on a long-term uptrendTrash specialist Waste Management, Inc. (NYSE:WM) has been a long-term outperformer on the charts, easily surpassing the performance of the broader market in the past two years, and the shares are in the midst of another strong uptrend at the moment thanks to support from the 12-month moving average. As such, it looks like a prime time to get behind WM for its nex...Read More

The China Iron & Steel Association (Cisa) expects Chinese steel consumption to rise by 2% to 890 million tonnes in 2020 based on anticipated growth in the construction, home appliance and railway sectors, according to a report it released on Tuesday January 11.Cisa's forecast is more optimistic than that of the China Metallurgical Industry Planning...Read More