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'No evidence' that recovering from Covid-19 gives people immunity, WHO says

April 26, 2020 / marketsanity.com

"People who assume that they are immune to a second infection because they have received a positive test result may ignore public health advice." Continue...Read More

Meat Supply Threats Grow With First Brazil Shutdown, US Turkey Halt

April 26, 2020 / marketsanity.com

It's no longer just the United States facing a meat shortage situation. With shutdowns spreading in the world's biggest exporters, serious questions are being raised over global shortfalls.Continue...Read More

South Korea prepares to welcome back tourists, after 'winning the fight' against Covid-19

April 26, 2020 / marketsanity.com

The World Health Organization praised South Korea's prompt mobilization - it had tested more than 270,000 people by mid-March Continue...Read More

Be prepared for "major correction" in gold price in the coming months that will then take us to new highs

April 26, 2020 / marketsanity.com

"A healthy relapse in the direction of US$1,350/1,400 would probably be the best thing for the gold price in the long term," he said.Continue...Read More

David Skarica: Gold and Junior Gold Stocks are the Only Game in Town

April 26, 2020 / marketsanity.com

Collin welcomes back a regular friend to the show David Skarica who is the founder and editor of Addicted to Profits. David says, "People are beginning to accept that gold is heading into a bull market," and the Bank of America has recently stated that, "Even the Fed can't print gold." We are still waiting on the retail investor to shift into silver, and investors should look for mature juniors th...Read More

Junior Gold Miners Dangerously Close to the Cliff / Commodities / Gold and Silver Stocks 2020

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

There are times to keep being focused on highertimeframes, yet the finer ones do send valuable signals at times too. Andtoday, every precious metals investor better pay attention to their message.Take a look at the below chartfeaturing the miners. We will compare the juniorminers to what GLD ETF and SPY did. The latter are ETFs representing gold and the S&P 500. Wezoomed in to the 2-hour char...Read More

Salzgitter axes earnings outlook for 2020 on coronavirus concerns

April 26, 2020 / www.metalbulletin.com

German steelmaker Salzgitter has downgraded its full-year earnings forecast for 2020 due to the Covid-19 pandemic, the company said in its preliminary report for the first quarter on April 24."We anticipate a negative pre-tax result in a significant, with a high probability, triple-digit million euro range for the financial year 2020. The scope of feasible scenarios is so extensive that precise qu...Read More

British Steel to resume production at UK special steel mill next week

April 26, 2020 / www.metalbulletin.com

British Steel is set to restart production at its North Yorkshire special steel mill, on Monday April 27, following a three-week shutdown the company announced on April 24.In addition to the 240,000 tonnes-per year special steel mill at Skinningrove in Redcar & Cleveland, the company said it also plans to reopen its Lisburn service centre in Northern Ireland."Whi...Read More

Germany's crude steel output down by 10% in March, WV Stahl says

April 26, 2020 / www.metalbulletin.com

Crude steel production in Germany fell by 10.36% year on year in March due to production cuts made to meet a drop in demand, the German steel federation, WV Stahl, said on April 23.Germany's crude steel production totaled 3.29 million tonnes in March 2020, down from 3.67 million tonnes in the corresponding period of 2019.A large number of end users, particularly automotive manufacturers, have stop...Read More

Gold Seeker Report: This Week in Mining Issue #10: Relatively Quiet on the Mining Front

April 26, 2020 / news.goldseek.com

Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-24, 2020$AUN.V, $BSR.V, $CDE, $GORO, $GPL, $KL, $PG.TO, $SAND, $SILV, $SKE.V, $VGCX.TOThere has been a considerable lack of news flow recently as a result of on-going mining suspensions due to COVID-19. This should change over the next couple of weeks as companies report Q1 results. The Mexican Federal Government has ex...Read More

Congressman presses CFTC: Does it have jurisdiction over manipulative trading by government?

April 26, 2020 / news.goldseek.com

Dear Friend of GATA and Gold:U.S. Rep. Alex X. Mooney, R-West Virginia, is pressing the U.S. Commodity Futures Trading Commission to answer the critical questions about market manipulation the commission long has refused to answer lest it expose the U.S. government's rigging of the futures markets and especially the gold and silver futures markets.In a letter dated April 13 and made public this...Read More

Viral Thoughts

April 26, 2020 / news.goldseek.com

Future TrajectoryJuggling ActTesting TimeThe Inflation/Deflation DebateHow High Will Unemployment Go?Puerto Rico and Missing My GymWe are looking at a world with parameters bounded by pure imagination; where we go from here is anyone's guess. Will Thomson and Chip Russell, Massif CapitalToday's letter will be another hop-around review of the crisis landscape. I'll touch on several topics instead...Read More

HOTTER ON METALS: Freeport may get Indonesia smelter reprieve

April 26, 2020 / www.metalbulletin.com

The Covid-19 pandemic may well provide Freeport-McMoRan with a silver lining it had never expected. The US copper producer is discussing with the government of Indonesia what should be done with the planned smelter in the Gresik region in the province of East Java. It has been forced to delay the completion timeline of December 2023 for the plant, due both to Covid-19-related disruptions to the wo...Read More

HOTTER ON METALS: LME metals pricing will not hit negative like oil

April 26, 2020 / www.metalbulletin.com

When the oil price fell into negative price territory at the start of the week ended April 24, it fueled fears that a similar situation could materialize in metals. The good news for users of the London Metal Exchange is the exchange's delivery mechanism that makes it virtually implausible, while its contract structure makes it even more unlikely. Here's why. The reason the West Texas In...Read More

RESEARCH: Key takeaways from the latest Base Metals Market Tracker

April 26, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: 4-million-tonne surplus for 2020We have made further downward revisions to our aluminium demand expectations for 2020 and, although there have been smelter capacity reduction in China too, the net effect is that our forecast for the global surplus this year has swelled to 4 million tonnes, from 2.7 million tonnes...Read More

Silver Seeker Report: This Week in Mining Issue #10: Relatively Quiet on the Mining Front

April 25, 2020 / silverseek.com

Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-24, 2020$AUN.V, $BSR.V, $CDE, $GORO, $GPL, $KL, $PG.TO, $SAND, $SILV, $SKE.V, $VGCX.TOThere has been a considerable lack of news flow recently as a result of on-going mining suspensions due to COVID-19. This should change over the next couple of weeks as companies report Q1 results. The Mexican Federal Government has exte...Read More

Key takeaways from the latest Galvanized Steel & Tinplate market tracker

April 26, 2020 / www.metalbulletin.com

Global markets are contracting in the face of the Covid-19 pandemic, and the prices for flat steel products continue to retreat, with prices for coated steels down by a further 5% since late March in most of the markets that Fastmarkets tracks.The latest edition of Fastmarkets' Galvanized Steel and Tinplate Market Tracker, for April 2020, is now available to view.Further price falls are almost cer...Read More

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

April 26, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.The recent decline in Chinese scrap prices - to their lowest in a couple of years - even as demand rises, suggests that Chinese scrap supply is increasingly sufficient. In terms of scrap demand, the question is more about price attractiveness. Mini-mills were reducing demand in February, largely because steel margins on scra...Read More

#HotChili is one of the top ASX listed copper developers with an advanced Chilean coastal range portfolio and a res...

March 29, 2020 / twitter.com

"#HotChili is one of the top ASX listed copper developers with an advanced Chilean coastal range portfolio and a resource base of 1.5Mt copper and 1Moz gold already established at its Productora project.Want to know more? Join us & #HotChili at #MJSSydneyhttps://t.co/9KSR6e1UiX"Read full newsRead More

Great interview with FPX Nickel's CEO Martin Turenne, providing an overview of the company's Decar #nickel project...

April 14, 2020 / twitter.com

"Great interview with FPX Nickel's CEO Martin Turenne, providing an overview of the company's Decar #nickel project and our plans for an updated PEA in Q3/Q4 2020Thanks to @CruxInvestorhttps://t.co/sLgo5kAw3q"Read full newsRead More

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