The US stock market is once again in imminent danger of a major collapse. Please click here now. Double-click to enlarge this disturbing daily chart of the Dow.A rally towards resistance has taken the shape of a bear wedge. The rally failed to even reach that resistance zone, and now there's an ominous breakout to the downside.The US government has embraced socialism for almost every sec...Read More

Here are five Fastmarkets stories you might have missed on Wednesday April 22 that are worth another look.The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.Aluminium stocks on the London Metal Exchange continue to rise and there is now a lack of warehouse space in key Asia locations in a situation that mirrors i...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday April 22.Please click...Read More

Benefits of Buying Gold in BulkWhether you have already invested in gold or silver, or are just looking at how to start, you have probably seen how expensive it can be, and how much the fees are for vendors. We cover the best gold dealers to make a bulk purchase in high-grade gold and why you should consider wholesale gold bullion instead of just a few coins at a time.Considering Choosing Wholesal...Read More

The three-month copper price on the London Metal Exchange was the standout performer at the close of trading on Wednesday April 22, with its price action breaching nearby resistance at $5,100 per tonne, while nickel futures lost ground over the day. Copper's outright price on the LME closed at $5,126 per tonne on Wednesday afternoon, climbing from an intraday low of $4,973 per tonne, while turnove...Read More

captainewaveemail: admin@captainewave.comwebsite: www.captainewave.comApril 22, 2020SP500: Long Term Update:If our wave iv irregular type corrective pattern is the correct analysis, then it is complete at the 2191.86 low and the SP500 is now poised to rally to all time new highs again in wave v, as shown on the weekly SP500 chart. If we are now rallying in wave v, then our current count...Read More

West Texas Intermediate crude for June delivery was worth US$13.93 a barrel, Bloomberg reported, following oil for May delivery plunging into negative territory this week as a worldwide slump in demand has led to a lack of storage space.The Economist Intelligence Unit energy lead analyst Peter Kiernan said price pressure would continue in the coming months "as storage rapidly builds up and the glo...Read More

The deposit has a total resource of 1.42 billion tonnes at 5.Read More

Here are five Fastmarkets stories you might have missed on Wednesday April 22 that are worth another look.The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.Aluminium stocks on the London Metal Exchange continue to rise and there is now a lack of warehouse space in key Asia locations in a situation that mirrors i...Read More

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here."We expect that the demand both for equipment and in the aftermarket will be lower and that the effects of the pandemic will have a significant negative impact on revenu...Read More

Glencore' Katanga Mining subsidiary has cut its 2020 cobalt production guidance to 26,000 tonnes of cobalt contained in concentrates and hydroxides but has retained its copper guidance at 270,000 tonnes. The company had previously said it would produce 29,000 tonnes of cobalt this year. Katanga, which operates its 75%-owned subsidiary Kamoto Copper Company (KCC) in the Democratic Republic of Congo...Read More

CNN Health recently issued an article titled: Prominent scientists have bad news for the White House about coronavirus antibody testsAccording to the article, "Antibody tests - also known as serology tests - aren't meant to diagnose active coronavirus infections. Rather, they check for proteins in the immune system, known as antibodies, through a blood sample. Their presence means a person was...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a Software as a Service (SaaS) platform focused on the $30T USD retail supply chain market*, is pleased to announce it has begun integration with three new global channel partners. Following completion of technical integration with Venzee through its advanced Application Programming Interface (API), these new ch...Read More

Swiss commodities trader Glencore is to privatize its Katanga operations in the Democratic Republic of the Congo (DRC) and have it delisted from the Canadian bourse.Glencore, which currently owns 99.5% stake, will buy the rest of the shares of the Toronto-listed Katanga Mining Ltd, according to a statement issued by the company on Wednesday April 22.Read More

TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More

By: Ira EpsteinIn a corrective mode. Gold's sell-off culminated on Tuesday? The gold swing-line above a $1768..Read More

Full Gold Crown FEB 2 2020 I posted the potential for this just as the virus was becoming a thing.https://goldtadise.com/?p=455805.................RAMBUS WEEKEND REPORT MARCH 2017"Below is a 75 year quarterly chart we were watching very closely during the last impulse move down, because it broke below the brown shaded support and resistance zone going all the way back to the early 1970's. When t...Read More

The correction in gold is over. Continue with a buy on sharp dips strategy in silver. Look for signs of trend reversal in copper and crude oil. Extreme leverage with crude oil is the key reason for crude oil and crude oil related stocks to fall. At the end of the day fundamentals are the key. Now you know the real price of crude oil. Now you know how much you were being duped for your petrol/gas...Read More

Here are five Fastmarkets stories you might have missed on Wednesday April 22 that are worth another look.The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.Aluminium stocks on the London Metal Exchange continue to rise and there is now a lack of warehouse space in key Asia locations in a situation that mirrors i...Read More

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