By Avi GilburtFor weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a "fake," whereas another has been strongly suggesting that investors fade this rally, with many more supporting their opini...Read More

Richard (Rick) Mills The long-anticipated US Federal Reserve decision last Wednesday to notch interest rates downward was, like most of these over-hyped meetings, anti-climactic. Since the central bank in June hinted that a rate cut was in the offing, North American stock markets have trended up, but they took a hit on Wednesday following the Fed's decision to only lower rates by a quarter...Read More

By: Ira EpsteinGold's daily chart, set a bear trap last week. 18 week MA is $1,437 level. Base formed around $1,450 area..Read More

After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More

Aluminium premiums were largely stable in the global markets in the week ended Tuesday August 6, except in the US Midwest, where a lack of demand pushed the premium downward. US Midwest premium falls to lowest since March MJP premium stable but some lower deals heard due to financial year-end stock clearing European market flat with activity expected to resume later this month.US Midwest premium s...Read More

A summary of base metals premiums from across the globe for the week to Tuesday August 6. Please click...Read More

Prices of ferrous scrap in the Mexican steelmaking hubs of Monterrey and Baj?-o remained stable during the week ended Friday August 2, despite talks of price increases in these regions.In Monterrey, key ferrous scrap prices were stable week-on-week, several sources told Fastmarkets.Fastmarkets' assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was stable at...Read More

The export markets for CIS-origin hot-rolled coil and cold-rolled coil (HRC, CRC) have weakened on soft customers' markets and price competition with other exporters, sources told Fastmarkets on Monday August 5.Fastmarkets' price assessment for steel HRC, export, fob Black Sea, CIS, was $470-485 per tonne on Monday, down from $485-500 per tonne week on week."The local market is weakening here [in...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday August 6 that are worth another look.Lithium producer Orocobre and joint-venture partner Toyota Tsusho Corp have started construction on what will be the first lithium hydroxide plant in Japan. UC Rusal has suspended operations at Russia's biggest alumina plant in Achinsk due to a series of blasts at a Russian military base...Read More

Central banks continue to accumulate gold, Fed cuts rates, and U.S./China trade war intensifies.Yamana updates the market on its massive Agua Rica project.Barrick Gold and Kirkland Lake shine with strong Q2 earnings.Here's a look at the top news in the gold/silver mining sector and more for July 2019.Gold Mining Bull: Top News for July 2019 Gold prices (GLD) remain near six-year highs, providi...Read More

For the last decade, the monetary "experts" assured us that QE and ultra-low interest rates were a temporary crisis measure that could be reversed.2018 revealed the truth - that the Fed cannot normalize monetary policy without crushing financial markets.2019 has shown that policymakers have no political will for tighter monetary policy. Radical easing measures is the new normal.Global central bank...Read More

Switzerland-based commodities trader Werco Trade has hired metal concentrates trader Theresa Nepote as part of a push to expand the company's commercial capabilities, it said on Tuesday August 6.Nepote will join Werco as a senior trader, enabling the company to diversify into additional markets, the company said. She most recently traded zinc, lead and copper concentrates at Bluequest Resources an...Read More

A close in gold below $1476 will activate a short trigger on a monthly signal, automatically activating the targets below.The next targets below are $1465 to $1471.A close below $1450 will activate the yearly, monthly and daily short signals, activating short trigger points with targets below the mean at the $1400 to $1363 levels.Based on the forecast we published on September 28, 2018 for the fol...Read More

They've gotten away with decades of depressing the price and nothing will save them should the CFTC disallow them from continuing to dominate...by Ted Butler via Silver SeekThe newly-installed chairman of the CFTC, Dr. Heath Tarbert, in office for only two weeks, submitted an op-ed to Fox Business News the other day, in which he laid out his goals for the agency. Dr. Tarbert comes to the agency wi...Read More

Physical tin market participants disagree over the next move in the price, with some telling Fastmarkets that it could rebound after a slide of more than 12% over the past two months although weak demand and erratic stock moves continue to dent momentum. On the London Metal Exchange, the three-month tin price has fallen by 12.7% since June 5 from above $19,000 per tonne. The price is also down by...Read More

Observers of the copper market are looking at a trend that started in 2001 to determine where the market could find support after five days of successive selling took the price to two-year lows by Monday August 5.At $5,665 per tonne, the London Metal Exchange's benchmark three-month copper futures contract was down by 5.9% since Tuesday last week, having sold off again on Monday amid a worsening d...Read More

China's demand for imported billet could shrink in the coming months due to a surge in supply that could cause domestic spot prices to fall and make them more attractive to buyers.While large tonnages were delivered to the country over the past couple of months, market participants do not expect imports to continue at the same pace over the rest of the year. In June, China imported 110,000 tonnes...Read More

Financial market uncertainty and accommodative monetary policy will likely support gold investment demand.Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their expectations based on new information.Weaker economic growth may soften gold consumer demand near term, but structural economic reforms in India and China will likely support long-ter...Read More

Physical tin market participants disagree over the next move in the price, with some telling Fastmarkets that it could rebound after a slide of more than 12% over the past two months although weak demand and erratic stock moves continue to dent momentum. On the London Metal Exchange, the three-month tin price has fallen by 12.7% since June 5 from above $19,000 per tonne. The price is also down by...Read More

China's domestic rebar prices held steady on Tuesday August 6, but export prices for the long steel product fell as a result of a weaker yuan. Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($538-542) per tonne, unchangedNorthern China (Beijing): 3,730-3,760 yuan per tonne, unchangedTraders kept prices flat during the day to see how the futures market develops.Sellers would not have been able...Read More