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In A Major Shift, Trump Administration Says Syria's Assad "Does Not" Have To Go

June 26, 2020 / marketsanity.com

The Trump Administration's stance on Syria and Bashar al Assad goes against President Obama's and Sec. of State Clinton's policy since 2011. Ben takes a look at how this new policy is contrary to media narrative about Syria over the past decade.Read More

If you're not long gold equities you better hurry - Auryn Resources

June 26, 2020 / marketsanity.com

The economic impact of the COVID-19 pandemic, with blowout deficits and massive money printing, will create the perfect storm for precious metals and will launch a massive bull market for mining equities, according to one junior exploration executives.In an interview with Kitco News during the Mines and Money online connect virtual mining conference, Ivan Bebek, executive chairman of Auryn Resourc...Read More

Which Country Is the Largest Silver Investor In The World?

June 26, 2020 / marketsanity.com

Since 2010, investors from India, China, United States, Germany, and Canada purchased a tad bit more than two billion ounces of silver bar and coin. Continue...Read More

Industrial action at Tata Steel's Dutch operations pause for negotiations

June 26, 2020 / www.metalbulletin.com

Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week. All industrial action at Tata Steel IJmuiden has been temporarily stopped until Friday 1 pm local time after the company invited unions to the negotiation table, FNV said on Wednesday. "Due to the pressure of the strikes, the...Read More

Analyst Says Company Could Be a 'Breakout Explorer Name in 2020'

June 25, 2020 / www.theaureport.com

A Cormark Securities report highlights that recent exploration by Troilus Gold yields one of the best holes ever drilled on the property. In an April 22 research note, Cormark Securities analyst Richard Gray reported that Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) "Southwest zone is starting to bring the heat," and the company recently drilled one of the best holes ever on the property.The South...Read More

Gold's Long-term Turning Point is Here / Commodities / Gold & Silver 2020

June 25, 2020 / www.marketoracle.co.uk

Historical precedentsare in many a technician's toolbox – and it's a tool they reach for withsuccess repeatedly. Does the yellow metal offer any interesting parallels?Gold had declined andit recovered, but the above simply prolongs the 2008-2020 analogy; it doesn’tinvalidate it. Today, gold is attempting to break above the previous highs, butit’s not being successful in that. Go...Read More

Precious Metals Update Video: What a day, Gold at a key resistance zone: $1,800..

June 25, 2020 / news.goldseek.com

By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More

EU GREEN STEELMAKING: Salzgitter plans low-CO2 DRI plant

June 26, 2020 / www.metalbulletin.com

German steelmaker Salzgitter has taken a "concrete" step toward its low-carbon production goal by agreeing to a feasibility study with its industrial partners, the company announced on Wednesday June 24.The company agreed with the Federal State of Lower Saxony, the City of Wilhelmshaven and its industrial partners, logistics company Rhenus and energy company Uniper, to conduct a feasibility study...Read More

Don't Expect an Uneventful Summer for Gold & Silver / Commodities / Gold & Silver 2020

June 25, 2020 / www.marketoracle.co.uk

Bullion premiums have been drifting lower in recent weeksafter spiking earlier this spring. That in part reflects a waning of fear amonginvestors… and a hope for markets and the economy returning to normal as wehead into the summer.But make no mistake, these are NOT normal times. Not with some parts of the economy still locked down. Notwith the Federal Reserve embarked on an unlimited Quant...Read More

EGYPT STEEL BILLET, REBAR: Billet import price dips on unimproved demand

June 26, 2020 / www.metalbulletin.com

The billet import price decreased in Egypt because of lower offers and bids in the week to Thursday June 25, sources told Fastmarkets. CIS-origin billet was offered this week at $395-400 per tonne cfr, and buyers believed $375-380 per tonne cfr may be a "workable" price for the material. No deals were heard in the assessment period because of weak rebar consumption. As a result, Fastmarkets' weekl...Read More

Silver Price Trend Analysis / Commodities / Gold & Silver 2020

June 24, 2020 / www.marketoracle.co.uk

Long-term Trend AnalysisSilver faces very heavy overhead resistance from $18 all the way to $21 which means that it is going to be tough going and take significant effort for Silver to reach let alone breach $21. Whilst there is strong support at $16 and $14.5 (ignoring the crash low of $11.64). Therefore as was the case in January the long-term chart continues to warn to expect Silver to mark tim...Read More

Industrial action at Tata Steel's Dutch operations pause for negotiations

June 26, 2020 / www.metalbulletin.com

Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week. All industrial action at Tata Steel IJmuiden has been temporarily stopped until Friday 1 pm local time after the company invited unions to the negotiation table, FNV said on Wednesday. "Due to the pressure of the strikes, the...Read More

Trillion-dollar US infrastructure plan will draw in plenty of metal / Commodities / Infrastructure

June 24, 2020 / www.marketoracle.co.uk

Donald Trump appears tohave torn a page from Ahead of the Herd’s manual for recharging the USeconomy. In an earlier article we said what the globaleconomy really needs, in this low-growth, spending-stalled environment broughtabout by the pandemic, is a push - something big that will attract hugeamounts of investment, and workers. As we have suggested, this could be a massiveinfrast...Read More

All That Glitters When the World Jitters is Probably Gold / Commodities / Gold & Silver 2020

June 24, 2020 / www.marketoracle.co.uk

The economic pressures and concerns within the global marketshave not abated just because the US Fed has ramped up the printing presses.Inversely, the stock market price levels may be elevated based on a falseexpectation of a quick recovery and of future expectations that may be veryunrealistic.In terms of technical analysis, Gold has set up a very interesting sideways basing pattern after recentl...Read More

IN CASE YOU MISSED IT: 5 key stories from June 25

June 26, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday June 25 that are worth another look.Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week.Demand for copper in Europe is weak and economies are struggling to restart after coronavirus-related lockdowns, forcing c...Read More

2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypse

June 25, 2020 / news.goldseek.com

David Haggith Look at the plethora of problems in my list of 2020 economic predictions, which are so severe and so likely to get even worse that it's more difficult to imagine they won't get worse than to believe they will. Some are so bad that just a few of them would plunge us into an abyss of social and financial catastrophes.Here are my economic predictions for the remainder of 2020This...Read More

G. Edward Griffin: "Creature From Jekyll Island" Author Explains Federal Reserve's Banking Scheme

June 25, 2020 / news.goldseek.com

By: Chris MarcusThe majority of financial market participants were blindsided by the Federal Reserve's recent historic actions following the reported outbreak of the Corona virus.Yet for those who know about G. Edward Griffin and his legendary book "The Creature From Jekyll Island," the latest financial moves came as little surprise. As a result, they were prepared in advance.So to find out what...Read More

This Is What Is Most Dangerous About Our Stock Market Right Now

June 25, 2020 / news.goldseek.com

By Avi Gilburt, ElliottWaveTrader.netWhile many viewed unemployment, or the Covid virus, or the slowed GDP, or a myriad of other factors as reasons to believe the market is "dangerous," I propose that these four-letter words are more dangerous to your investment account than anything else:NEWS, BIAS, and HOPEYou see, many will turn to the news to determine which direction the market will move....Read More

Precious Metals Update Video: What a day, Gold at a key resistance zone: $1,800..

June 25, 2020 / news.goldseek.com

By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More

LIVE FUTURES REPORT 25/06: LME lead price continues upsurge; copper fails to breach $5,900

June 26, 2020 / www.metalbulletin.com

The three-month price of lead on the London Metal Exchange continued its upward trajectory at the close of trading on Thursday June 25, closing more than 1% higher and topping gains across the base-metals complex.But a steady uptick in copper futures over the afternoon was not enough to breach nearby resistance.Lead's outright price on the LME closed at $1,786 per tonne on Thursday afternoon, near...Read More

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