Turkish steel producers stepped back from the market on Friday September 6 - no new bookings were heard following a series of price falls this week, sources said.Three bookings on Tuesday lowered prices by $12.30 per tonne from Monday. A steel mill in the Marmara region purchased a UK cargo comprising 18,000 tonnes of HMS 1&2 (80:20) at $250 per tonne cfr. A steel mill in the Izmir region booked a...Read More

Turkish steel billet prices continued to decrease in early September in line with falling scrap values and limited demand for the material, sources said on Thursday September 5.Fastmarkets' weekly price assessment for steel billet, import, cfr main port Turkey, was $385-395 per tonne on Thursday, down by $10 week on week.One cargo of Russia-origin material was nevertheless heard sold to Turkey at...Read More

Erik Townsend and Patrick Ceresna welcome Grant Williams to MacroVoices. They discuss global negative yielding debt, outlook on gold and what effect recession will have on the US stock market & more.Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience in finance on the Asian, A...Read More

Eric Sprott recaps a volatile week in the precious metals and looks ahead to earnings season and more developments in the mining sharesEric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott As...Read More

Silver has been rallying, recently reaching past $19 per ounce until a big spike down on Thursday. Although fortunately Craig Hemke of TF Metals (www.tfmetalsreport.com) joined me on the show to give an update on the move, and where things stand in the bigger picture.Craig's one of the more informed silver analysts out there, and he talked about what's driving the rally, the large additions into t...Read More

Jordan Roy-Byrne, Founder of The Daily Gold joins me to address the pullback in precious metals today. It's very hard to say if this is the start of the overdue correction most technicians are waiting for but there are some key levels to watch as we close the week tomorrow.Also pay close attention to the bounce in yields as the bond market will pay a big roll in the length of the metals pullback.J...Read More

"You can't cancel Dave Chappelle." Read More

Harley Schlanger's work can be found at LaRouchePAC.com.Read More

David Moadel has been urging readers for years to have a precious metals insurance policy as part of their portfolio to insure wealth against governmental blunders. Red ink is flowing around the world and no one is offering real solutions. Add to that the trade war and China's efforts to become the global power and you've got a recipe for chaos. So time to start stacking.David Moadel is a trader a...Read More

Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More

"If you stick with the old rules, you will lose ... you have to think differently about the bond market," El-Erian told CNBC.Continue...Read More

China's domestic rebar prices retreated on Friday September 6 due to weaker demand caused by a typhoon on the country's eastern coast. Domestic Eastern China (Shanghai): 3,620-3,650 yuan ($504-508) per tonne, down 30 yuan per tonneNorthern China (Beijing): 3,630-3,660 yuan per tonne, widening downward by 10 per tonneEastern and Southern China experienced heavy rain during the day as a result of Ty...Read More

The recently released resource estimate and other reasons why this Canadian firm makes a premium takeout target are provided in an iA Securities report. Source: Probe MetalsIn a Sept. 3 research note, iA Securities analyst George Topping reported that the size, potential and location of Probe Metals Inc.'s (PRB:TSX.V) Val d'Or projects in Quebec put the company on "producers' mergers and acquisit...Read More

Stainless steel flat product prices in Europe remained unchanged this week with poor demand countering the effect of high nickel prices, sources told Fastmarkets on Friday September 6. Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,300-2,350 ($2,539-2,594) per tonne on Wednesday, unchanged week on week. Di...Read More

China's Hebei Steel, the country's second largest steel mill, has released its purchase price for silico-manganese at 7,700 yuan ($1,078) per tonne for September delivery, down by 150 yuan per tonne from its August tender price, market sources told Fastmarkets. The Friday September 6 announcement for the September tender price for silico-manganese came much later than expected. The tender result i...Read More

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Later in today’s program we’ll hear a fascinating interview with Greg Weldon of Weldon Financial. Greg breaks down the recent move in silver, a move off of a breakout point he called spot on on this program a few weeks ago, and also gives us his thoughts on the pullback we saw on Thursday.Greg also tells us at wha...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 365,38564,83855,608147,717485,458568,710605,904 Change from Prior Reporting Period 2,776-9331,311-1,1492,7862,9383,164 Traders 22563835559312178 Small Speculators LongShortOpen Interest 65,64828,454634,358 -4,763-4,989-1,825 non reportable...Read More

Gary SavageGold pushing into a resistance area, will it be an intermediate top?Gary SavageRead More

By: Ira EpsteinWill gold churn around $1,530? Gold could not breakout higher past the upper Bollinger band and the breakdown has done nothing to the chart, does not start a new trend, yet:Read More

Recent news suggests that oil producers are attempting to increase production levels after failing to attempt to push prices higher by cutting production levels.  Globally, oil producers want to see oil prices rise above $65 ppb in an effort to support profit and production cost expectations.  The real issue for the nation/states that rely on oil production/sales is that the global econo...Read More