Chinese cold-rolled coil export prices remained unchanged over the past week despite an anti-dumping investigation being instigated in Vietnam.Vietnam's Ministry of Industry & Trade launched the probe after requests from several Vietnamese producers. The investigation encompasses non-alloy cold-rolled steel sheet and coil in widths of less than 1,600mm and in thi...Read More

Recently, the World Gold Council published a 2019 edition of a report on gold as a strategic asset. The industry organization released later the UK edition as well. Plenty of food for thought. How can the learnings from these publications strengthen our investment decisions? Why Gold?Why investors should add gold, that does not bear any yield, to their portfolios? There are a few really good reaso...Read More

I am continually amazed at how every turn in the numbers and the economy seems to present new information that is bullish for gold and silver. The train of logic becomes downright laughable at times.Other than entertaining in a perverse sort of way, the various proclamations and conclusions end up sooner or later in confliction with each other.One of the more glaring examples involves buying gold...Read More

This is part 2 of 2 of my gold price trend forecast analysis update, (Part 1 https://youtu.be/u1yAB5s8BKQ)Also this analysis was first made available to patrons who support my work (Gold Price Breakout - Trend Forecast 2019 July Update). So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per monthSo the gold...Read More

Chinese spot copper premiums hit nine-month highs during a recent copper conference in the Chinese city of Qiqihar (September 5-6), but delegates were less optimistic for the annual benchmark contract negotiations for 2020. Fastmarkets looks at the key topics dominating the Chinese copper industry into the fourth quarter. Spot copper premiums basis cif Shanghai and in-warehouse Shanghai hit n...Read More

A few weeks ago we wrote that precious metals were at risk of a correction. First, they powered higher. But last week they ran into technical resistance levels that date back well beyond only a few years. This is true for Gold, Silver as well as the miner ETFs: GDX and GDXJ.Starting with Gold, we can see that it has struggled to get through $1550/oz. That’s not a surprise as we poi...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday September 10 that are worth another look.Codelco, the world's largest copper producer, will keep its European copper cathode premium for 2020 supply at $98 per tonne, the same level as for 2019, sources told Fastmarkets on September 10.Demand from the Asian energy sector and domestic buyers in Indonesia will continue to support...Read More

Cannabis markets haven't been doing so well lately.There has been an industry-wide correction that is still inplay after the mania that took place in 2018. We remain bullish on the sector in the long-term as the industry matures and more states legalize cannabis. And right now, there's an amazing opportunity unfolding.We've identified a way to buy shares of one of the top US cannabis stocks at a d...Read More

Reading the new today of the riots andprotests in Hong Kong as well as the military action between Iran and Israelsuggests to us that the metals markets are poised for a very big run this weekand possibly much further into the future.This type of Chaos creates a level ofuncertainty in the global markets that will prompt a massive surge in theprecious metals markets as traders and investors continu...Read More

Since we noted the initial move to break the 200 day moving average – and at least temporarily break the downtrend on August 27th – the Silver/Gold ratio (SLV/GLD) has held its breakout, looking to close the week and the month of August on a signal that we have long anticipated. Okay, but the monthly chart of the Silver/Gold ratio makes abundantly clear that nothing has happened that h...Read More

This is part 2/2 of my Silver Price 2019 trend forecast update - Part1 - Silver Price Tragets for 2019 - Forecast UpdateSo the Silver big question for 2019 is will the price be capped at resistance at $21 or like the Gold price breakout of its 5 year trading range to target the next resistance area of $25.Silver is Still Cheap Relative to Gold6 weeks ago ago the Gold / Silver ratio was trading at...Read More

Crudeoil moved sharply higher yesterday, almost touching the previous August highs,but it didn’t manage to break above them. The resistance that we outlined inthe previous Oil Trading Alerts kept the rally in check, and we already see theresult. Crude oil simply declines. What’s next? How far can it decline?Inshort, the previous outlook remains up-to-date, simply because the situationd...Read More

Precious metals expert Michael Ballanger discusses trends in the market and his recent trades. For those of you that have followed my raves and rants over the years, you are undisputedly aware of all of my biases when it comes to almost everything: bankers, politicians, invasive species, free market suppression, entitled Millennials, and finally, the utility of precious metals in a "financial orde...Read More

The new Alchemist went out at the end of July. And making the choice from its articles is always hard. What gems can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!Gordon’s Brown Bottom, 20 Years OnThe first article we would like to summarize for you is “Gordon’s Brown Bottom, 20 Years On” by Adrian Ash, Direct...Read More

Chinese spot copper premiums hit nine-month highs during a recent copper conference in the Chinese city of Qiqihar (September 5-6), but delegates were less optimistic for the annual benchmark contract negotiations for 2020. Fastmarkets looks at the key topics dominating the Chinese copper industry into the fourth quarter. Spot copper premiums basis cif Shanghai and in-warehouse Shanghai hit n...Read More

The three-month aluminium and copper prices on the London Metals Exchange defied a stronger dollar index to trade significant volumes by the end of the day's trading on Tuesday September 10. "Flow [of trading] this past week has been systematic short-covering and trading volumes are coming back under pressure suggesting prices will struggle to move aggressively," Marex Spectron said in a morning n...Read More

Gold & silver investors need to become a bit more sophisticated in understanding the dynamics of the overall market...by Steve St. Angelo of SRSrocco ReportWith the silver price now experiencing a correction after running up more than $5 in the past three months, we now see more articles suggesting price manipulation as the bullion banks hammer the metals. There continues to be this notion put f...Read More

The queue to remove aluminium from London Metal Exchange-approved warehouses operated by Istim in Port Klang, Malaysia, doubled to 64 days at the end of August, according to the latest LME data. At the end of July the queue was down to just 33 days, but a series of large cancellations throughout August have extended the time taken for metal to be delivered out of warehouses once again. Around 86,0...Read More

Wounded animals are the most dangerous of all creatures on this debt-ravaged planet...by Michael Ballanger via Streetwise Reports"The permabulls will tell you that the bullion banks and their treasury department conspirators have lost all power in this 'new paradigm' and we should relax and refrain from worry. I tend to disagree because wounded animals are the singular most dangerous of all creatu...Read More

Silver has been rallying and passed $19 until a big spike down on Thursday, but where do things really stand?by Chris Marcus with Craig Hemke via Arcadia EconomicsSilver has been rallying, recently reaching past $19 per ounce until a big spike down on Thursday. Although fortunately Craig Hemke of TF Metals joined me on the show to give an update on the move, and where things stand in the bigger...Read More