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Jim Rogers on US Economy, Gold, USD amidst Pandemic

July 02, 2020 / marketsanity.com

*This interview was recorded on June 26thJim Rogers, renowned investor and financial commentator, discusses current market themes amid the COVID-19 pandemic. Where is the US Dollar, gold, and silver headed given the expansive monetary policies aimed at combating virus-induced economic fallout? Will the Euro move beyond its current problems in relation to the conflict between the ECB and Germany's...Read More

Covid-19: Half A Million Dead. And Rising.

July 02, 2020 / marketsanity.com

Today marks a grim milestone as the world crosses the 10 million covid-19 cases threshold, as well as half a million dead from the virus.And the counts keep rising.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.co...Read More

Jordan Roy-Byrne: Most Important Macro/Precious Metals Chart Right Now...

July 02, 2020 / marketsanity.com

I present the most important chart in precious metals right now and I explain why.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subsc...Read More

Gerald Celente: The Economy is Dead, Killed by the Politicians' COVID War

July 02, 2020 / marketsanity.com

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

Peter Schiff: Gold Is The New Gold

July 02, 2020 / marketsanity.com

Topics:Air going back into the bubble is fueling Q2's phony rally from Q1.Spectacular gains in the gold stocks eclipse the gains in the Dow, Nasdaq, and S&P.Gold breaking out and stealing the spotlight from Bitcoin.The dollar privilege, enjoyed by all Americans, is about to go away.When the dollar loses its reserve status, gold will take its place.Congress and the Fed open the door for reparations...Read More

John Rubino: Gold and silver junior mining stocks about to be the next Robinhood trader obsession?

July 02, 2020 / marketsanity.com

The junior miners are a notoriously thinly traded and volatile sector. Let them catch the collective eye of millions of momentum traders and there's no real limit to their upside - or at least to their volatility.Continue...Read More

Rickards: Gold will be over $2000 soon

July 02, 2020 / marketsanity.com

Gold's worst ever bear market (2011-15) is behind us and gold is positioned for new highs of over $2,000 per ounce in the short run and much higher over the next several years.Continue...Read More

Mish Shedlock: Huge Political Disconnect Over the State of the Economy

July 02, 2020 / marketsanity.com

Trump can appeal to the base all he wants, but he better do something about independents, race relations, and immigration. Instead, Trump has Continue...Read More

What Went Wrong In 1971

July 02, 2020 / marketsanity.com

An interview with the gentlemen behind the website "WTF Happened in 1971?"Continue...Read More

Wuhan company now at the center of one of the biggest fake gold scandals

July 02, 2020 / marketsanity.com

The city of Wuhan, China, is back making headlines again - this time as the place of origin for one of the biggest gold counterfeiting scams ever.Continue...Read More

Challenging years ahead for global OCTG demand: Key takeaways from Fastmarkets' latest OCTG Intelligence Service Forecast Update

July 02, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.The latest forecast of global oil country tubular goods (OCTG) consumption paints a stark picture of the slowdown in demand from the energy industry in the wake of the Covid-19 outbreak and subsequent oil and gas retreat.For 2020, total global consumption is expected to amount to 13.2 million tonnes, a decline of nearly 3.5...Read More

Explorer Forges Major Partnership and Moves Ahead with Drill Program

July 01, 2020 / www.theaureport.com

In conversation with Maurice Jackson of Proven and Probable, the president and CEO of Riverside Resources describes his company's option agreement with Hochschild Mining and plans to move the Los Cuarentas Gold-Silver Project forward. Maurice: Today, we're going to highlight Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), a project generator that just consummated a definitive option agreement...Read More

Brazilian iron ore export volumes recover in June

July 02, 2020 / www.metalbulletin.com

Brazilian iron ore export volumes increased by 1.3% year on year in June, according to figures released by the country's economy ministry on Wednesday July 1.Shipment volumes totaled 30.05 million tonnes last month, compared with 29.66 million tonnes in June 2019.Exports also rose by 40% from May's total of 21.5 million tonnes.In May, there were concerns about the supply of iron...Read More

US metals groups cheer as USMCA takes effect

July 02, 2020 / www.metalbulletin.com

Industry associations up and down the steel and metals supply chain applauded the United States-Mexico-Canada Agreement (USMCA) trade pact going into effect on Wednesday July 1.The update to the North American Free Trade Agreement - which previously governed trade between the three nations - should increase demand while also assuring that essential cross-border supply chains remain intact, the Ame...Read More

Gold Stocks Still Undervalued / Commodities / Gold and Silver Stocks 2020

July 01, 2020 / www.marketoracle.co.uk

Gold miners’ stocksrocketed out of mid-March’s stock panic, breaking out to major new bull-markethighs in mid-May.  Such blisteringly-fastgains, and gold stocks’ upleg stalling out since, have left many tradersnervous about this sector.  Calls for aserious selloff are mounting.  But arguingin favor for more near-term gains to come, gold stocks never grew overvalued...Read More

Asian Metals Market Update: July-1-2020

July 01, 2020 / news.goldseek.com

Industrial metal demand and energies demand will be much higher than the second quarter. World will never be in lockdown mode for the rest of the year. Cities, localities, districts may be locked down but never a nation. Demand for metals and energies will be there. Pace of demand will vary each month in every nation. Human have to live with COVID. Wearing mask and other precautions need to be t...Read More

NEWSBREAK: China banning solid waste imports in 2021, but ferrous scrap exempted

July 02, 2020 / www.metalbulletin.com

China will ban the import of all solid waste from 2021 for environmental reasons, but ferrous scrap will not be affected by the move.Well-placed sources with deep knowledge of government policy told Fastmarkets on Wednesday July 1 that the ban - announced by the Ministry of Ecology and Environment a day earlier - does not affect imports of the steelmaking raw material.Import restrictions imposed s...Read More

High Premiums in Physical Gold Market: Scam or Supply Crisis? / Commodities / Gold & Silver 2020

July 01, 2020 / www.marketoracle.co.uk

During the coronavirus crisis many people couldn’t find physical gold, as there was a bullion shortage at dealerships. And these lucky individuals who managed to obtain bullion had to pay high premiums. We invite you to read our today’s article about the high premiums in physical gold market during the pandemic and find out whether they were indicated scam or supply crisis.Gold is expe...Read More

IN CASE YOU MISSED IT: 5 key stories from July 1

July 02, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday July 1 that are worth another look.Brazilian iron ore pellet producer Samarco is on schedule to resume operations by the end of 2020 despite health and safety measures taken to prevent Covid-19 from spreading among workers, the company told Fastmarkets on July 1.Industry associations up and down the steel and metals supply chain...Read More

Logistical uncertainty, tight nearby supply keep cobalt hydroxide prices, payables underpinned

July 02, 2020 / www.metalbulletin.com

Spot availability for cobalt hydroxide remained tight in late June, with many suppliers sold out for July cargoes and taking time to gauge how much material they will be able to offer in August amid shipment uncertainties from South Africa, sources told Fastmarkets this week.Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China stood at 65-67% on Wednesday July 1, unchanged since...Read More

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