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BASE METALS WARRANT REPORT 13/11

November 14, 2019 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 13.Please click...Read More

Nov 12 Uranium week: End-of-year buying?

November 12, 2019 / www.fnarena.com

Weekly Reports |Nov 12 2019A sudden jump in buyer interest, and subsequently the uranium spot price, begs the question whether utilities have already begun their traditional buying ahead of year-end.-Spot uranium volumes and prices jump-Year-end buying?-President Trump's? Working Group report pendingBy Greg PeelThe week before last brought the announcement of a 90-day extension to waivers of...Read More

Providence Sits on 6 High Grade Gold Mines from Yesteryear

November 13, 2019 / www.321gold.com

Bob Moriarty ArchivesNov 13, 2019A friend approached me a couple of years back about putting some money into a private placement for a young exploration company that had an option on a number of old gold mines in the California mother lode country. I did and have waited patiently (well, not really patiently) for some time to do a piece about the company and what they have. But there was nothing th...Read More

LIVE FUTURES REPORT 13/11: Selling pressure pushes LME zinc price down 2%; tin approaches $16,000/t

November 14, 2019 / www.metalbulletin.com

The three-month zinc price on the London Metal Exchange continued its sell-off at the close of trading on Wednesday November 13, recording moderate turnover, while tin's outright price teased a break below nearby support.Zinc futures on the LME closed at $2,422 per tonne on Wednesday, the lowest closing price for the metal since October 16. Turnover was broadly average at just over 7,400 lots exch...Read More

GATA Finally Admits Their Followers are Manipulating Gold

November 13, 2019 / www.321gold.com

Bob Moriarty ArchivesNov 13, 2019Because of California Truth in Advertising regulations, the frauds in the financial markets claiming to be gold bugs have had to label themselves with accurate titles representing what they really are. That’s why we have a Golden Jackass, a Turd and GATA who uses a picture ofDon Quixote,as a depiction of what they do. Don Quixote wasthe blind fool who tilted...Read More

TSX touches all-time high

November 14, 2019 / www.mining-journal.com

Overall, metals and mining equities in Toronto missed out on the fun, closing a collective 2% lower. However gold major Barrick Gold (TSX: ABX) gained 1.5% for the day and Guyana Goldfields (TSX: GUY), which plunged in October on lowered guidance and another review of its flagship operation, showed an improvement. Its shares gained C10c to close up almost 18% at 66c, but they remain near...Read More

Anglo American impresses with Bowen tweaks

November 13, 2019 / www.mining-journal.com

Sterck visited the assets in the Bowen basin, central Queensland, on Wednesday, and said in a note his key takeaway was "the logical approach being taken to delivering these improvements as well asRead More

ICDA 2019: Chrome ore production cuts necessary to stabilize alloy market surplus

November 14, 2019 / www.metalbulletin.com

A cutback in chrome ore production is needed to rebalance the surplus affecting the ferro-chrome supply chain, delegates claimed at this week's ICDA Chromium 2019 conference in New Delhi, India.Following prolonged weakness in the metallurgical chrome ore and ferro-chrome markets this year, a number of participants have reduced their FeCr output in recent months, in an attempt to contain the amount...Read More

Chinese copper smelters to lead benchmark TC/RC talks after Japanese decline - source

November 14, 2019 / www.metalbulletin.com

Chinese copper smelters will continue to lead benchmark copper concentrate negotiations despite approaching Japan's Pan Pacific Copper (PPC) to negotiate the annual deal from a stronger position, sources said. During late-October's LME Week, talk emerged that Chinese smelters would accept an agreement set by PPC, Asia's largest copper smelter outside China, if it settled a number earlier than duri...Read More

COMEX Gold Into Year End

November 13, 2019 / news.goldseek.com

- Craig Hemke, TF MetalsWith the expected price pullback underway, what can we expect for the remainder of the month and into year-end? Will the price action continue to resemble 2010, or will it play out more like 2016 instead?As we've discussed each of the past two weeks, the current selloff/pullback in COMEX gold and silver is as unsurprising as it was unavoidable. The COMEX market-making Ban...Read More

The Power of Gold in times of Crisis and 2020 Vision

November 13, 2019 / news.goldseek.com

Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessNovember 2019"I'm no insect. Gold is a great way to make a lot of money." - Thomas Kaplan, Electrum GroupMichael J. Kosares, USA Gold2020 visionFive charts to contemplate as we prepare for the new year1. Gold's annual returns 2000 to presentIn the February edition of this newsletter,...Read More

The Two Horsemen

November 13, 2019 / news.goldseek.com

- Gary TanashianGlobal central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky.A real economy and...Read More

Gold: Tactics To Stay Happy

November 13, 2019 / news.goldseek.com

- Stewart Thomson, Graceland Updates 1. It doesn't take much downside price action to make gold investors nervous, or much upside price action to make greed appear.2. It's probably true that no fever is like gold fever!3. To reduce these swings in emotion, my suggestion is for investors to do most of their buying and selling at major support and resistance zones....Read More

Revisiting the Dow to Gold Ratio

November 13, 2019 / news.goldseek.com

- Gary Christenson, The Deviant InvestorPresident Roosevelt made owning gold for American citizens, with minor exceptions, illegal in 1933. See Executive Order # 6102. Begin the DOW to gold ratio analysis in 1933.Many people have discussed the Dow to gold ratio. It fell from over 40 in the year 2000 when the DOW (11,750) was expensive, and gold sold for less than $300. In those days paper asse...Read More

Gold Traders Rewarded for Bucking the Trend - technical video update

November 13, 2019 / news.goldseek.com

Subscribers who used Hidden Pivot targets from Rick's Picks to trade against gold's steep fall have done well bottom-fishing this week. Here's how they did it -- and judge for yourself whether you could have done these trades yourself. www.RickAckerman.comRead More

Precious Metals Update Video: Gold oversold and ahead of itself

November 13, 2019 / news.goldseek.com

By: Ira EpsteinGold should test the 18- week moving average.. but from what level? Lower highs with lower lows, gold's 18-day moving average converging with 100-DMA around $1484/89Read More

Low-grade manganese ore market continues to soften, high-grade price bounces

November 14, 2019 / www.metalbulletin.com

Prices for seaborne low-grade and high-grade manganese ore were on divergent paths in the week ended Friday November 8, with the former continuing to trend downward on persistently weak market sentiment while the latter experienced a slight rebound following a number of large-volume deals.Fastmarkets' manganese ore index 37% Mn, cif Tianjin dropped by 10 cents week on week to $3.25 per dry metric...Read More

MINOR METALS MARKET REPORT 13/11: Low buying appetite pushes antimony prices down further

November 14, 2019 / www.metalbulletin.com

An overview of the minor metals markets and their latest price moves.Read More

DAILY SCRAP REPORT: Mills continue to book scrap at steady prices

November 14, 2019 / www.metalbulletin.com

Turkish steel producers have continued their deep-sea scrap purchases for December deliveries at steady prices, sources said on Wednesday November 13.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $262 per tonne and 5,000 tonnes of bonus at $272 per tonne cfr.A Monday booking from...Read More

MORNING VIEW: LME base metals prices under pressure after Trump threatens higher tariffs if deal not reached

November 14, 2019 / www.metalbulletin.com

Markets in general are under pressure following United States President Donald Trump's speech at the Economic Club of New York on Tuesday November 12, where he failed to provide any reassurance that a trade deal had been reached with China; indeed, Trump even threatened that tariffs would be "raised very substantially" if a deal was not reached.Gold prices and US treasuries rise while demand for h...Read More

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