The largely synchronized moves in gold, copper and oil have been disrupted in part by the trade war and U.S. monetary policy. Blu Putnam, Chief Economist at CME Group, explains. More insights Read more stories like this on OpenMarkets. And for trader tools and resources visit: https://activetrader.cmegroup.comRead More

Cobalt prices have risen by more than 25% since Glencore announced it would close its Mutanda mine and in doing so bring forward expectations of a shortfall in cobalt supply. But with other projects ramping up or in the pipeline, stockpiles to be worked through, and a short-term approach to raw materials procurement, Chinese battery-related buyers are skeptical they will be affected by tightness i...Read More

Ahead of Fastmarkets' Battery Materials Europe conference in Amsterdam, find out what our industry experts think are the key drivers in the market and what's on the horizon. Fastmarkets will host a free web seminar on Wednesday September 18 at 3pm London time to discuss recent market moves in the battery raw materials sector. Click here to register for the webinar. Date Wednesday September 18, 201...Read More

Millrock Resources Inc. (TSX-V: MRO) is a project generator company, focused on gold and copper in Alaska, USA, and Sonora, Mexico. We learned from Gregory Beischer, President and CEO of Millrock Resources, that their key projects currently are the large copper porphyry project, called Batamote, in Sonora, Mexico, and the Chisna project in Alaska. Of particular note is a new strategic acquisition...Read More

I am getting old. Perhaps I drank too much on vacation - those umbrella drinks at the tiki bar were brutal in hindsight. An honest Scotch is a better, more pure libation. Scotch will tell you right up front what it is about. There is no pussyfooting around like you'll find in pink drinks near the water.There is something about toes in the sand and girls in bikinis that makes the mind go soft. Perh...Read More

Gold Standard Ventures Corp. (NYSE AMERICAN: GSV, TSX: GSV) is an advanced stage gold exploration company focused on district scale discoveries on its Railroad-Pinion Project, located within the prolific Carlin Trend in Nevada. We learned from William Gehlen, manager of corporate development of Gold Standard Ventures Corp., that currently they are advancing three high-grade deposits, within the Ra...Read More

Prices for most flat steel products imported into the United Arab Emirates and Saudi Arabia decreased on lower offers heard in the week ended Tuesday August 20, with demand yet to recover after the Eid al-Adha religious holiday last week.The market was expected to improve later in the month, when the holiday season comes to an end.UAEOffers on imports of hot-rolled coil (HRC) from China and Japan...Read More

The principal flat steel suppliers to Russia's Central Federal District around Moscow kept their prices unchanged this week despite a slowdown in demand, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia, was unchanged at 45,100-45,500 roubles ($676-681) per tonne on Monday August 19, including 20% VAT. "Mills are citing pla...Read More

The European Commission (EC) proposed some adjustments to the existing safeguard measures for steel product imports in Europe to the World Trade Organization (WTO) on August 14, Fastmarkets has learned.The definitive safeguard mechanism already in place increases the level of tariff-free quotas for each product category by 5% annually. The first liberalization took place on July 1, 2019, which was...Read More

Prices for steel rebar and billet in the United Arab Emirates have remained stable over the past week, with demand poor after the Eid al-Adha religious holiday last week, sources said on Tuesday August 20.Market participants believed that demand would improve after the UAE's biggest producer, Emirates Steel, announced its new rebar price, which it usually does on the 20th day of each month.Domesti...Read More

The European Commission (EC) proposed some adjustments to the existing safeguard measures for steel product imports in Europe to the World Trade Organization (WTO) on August 14, Fastmarkets has learned.The definitive safeguard mechanism already in place increases the level of tariff-free quotas for each product category by 5% annually. The first liberalization took place on July 1, 2019, which was...Read More

China's domestic rebar prices stopped rising on Tuesday August 20 amid a weakening of steel futures and soft demand. Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($524-528) per tonne, unchangedNorthern China (Beijing): 3,620-3,640 yuan per tonne, unchangedBuyers, having done some restocking on Monday, cut their procurement rates, which kept rebar prices from rising further, sources said. De...Read More

Demand for deep-sea scrap in Turkey remained sluggish because of the weak markets for finished long steel and billet, sources said on Tuesday August 20.There were only a few mills in the market looking to book scrap this week, while many other mills were quiet, and had halted or cut production, the sources said."I heard that three steel mills were looking for deep-sea material today," a Turkish mi...Read More

David Haggith Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not "great" as I've heard some claiming. It was, by US historical standards, mediocre. Second, the biggest tax cuts in history only got us down to 2.9% GDP growth for 2018. GDP growth had been pegged originally around 3.1%, but that was revised...Read More

- Clint SiegnerThe world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. "Investors" are even buying some "junk" rated bonds which will repay the bearer less than purchase price upon maturity. Now European banks, who ha...Read More

By: Ira EpsteinGold in a drift. Long-term, nothing bearish. The miners are different..Read More

Aug. 16th, 2019(S14-E709)Featured GuestsGerald Celente &Bill MurphyNote: Guest order via seniority.Please Listen HereInterview RecapBill Murphy of GATA.org returns with GATA.org's latest report on the stunning 3 month PMs rally.Once silver breaches $21 is breached, the next leg could send silver sky-high.The cost of living relative to typical domestic income per capita has increased sharply.T...Read More

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

The global economy is about to collapse into a depression worse than that of the 1930s, and its roots are deeper than trade wars, this according to Gerald Celente, publisher of The Trends Journal. "It's one big scam, it's ready to blow apart, it has almost nothing to do with trade wars and tariffs," Celente told Kitco News. The "Greatest Depression," as Celente calls it, will likely strike after t...Read More

The word "recession" has been thrown around a lot lately, putting many investors on edge. Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index, and CNBC's senior markets commentator Mike Santoli, join "Squawk Box" to discuss the best metrics of investor sentiment.Robert Shiller is an American economist, academic, and best-selling author. He currently s...Read More