Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
The country that controls the supply of this resource has the same control that oil powers had in the mid-twentieth century. Every other country in the world must do their bidding.Continue...Read More
According to a new study, researchers used CRISPR to reduce the body weight of mice by 20 percent.Continue...Read More
Back in the days of the Fed's QE, much of thinking analyst world (the non-thinking segment would merely accept everything that the Fed did without question, after all their Continue...Read More
"The end is coming for those attempting to disrupt Hong Kong and antagonize China," reads a piece published by the state's propaganda machine Xinhua News Agency.Continue...Read More
The CIS steel export billet market continued to weaken on the first trading day in September, amid a pessimistic mood in the global scrap market and limited demand in the major sales outlets.Given these conditions, a fresh booking was heard on Monday September 2 only after a significant price discount was provided by the selling mill.A 30,000-tonne cargo of Russia-origin material...Read More
Gold has been the major beneficiary of the latest breakdown in trade war negotiations. However, the metal may have run too far, too fast. Continue...Read More
Gold gained 6% last month; however, silver was able to gain double digit's with a monthly price advance of 11%.Continue...Read More
China's domestic rebar market picked up amid rising futures on Monday September 2, but export prices dropped on expectations of higher production this month due to looser steelmaking restrictions in Tangshan. Domestic Eastern China (Shanghai): 3,590-3,620 yuan ($501-505) per tonne, up 30-50 yuan per tonneNorthern China (Beijing): 3,580-3,600 yuan per tonne, up 40 yuan per tonneRebar futures increa...Read More
The new visual features allow investors to get a better understanding of the project and the existing drill results. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) debuted on its website a 360-degree site tour and geological model of its Larder gold project in the Abitibi Belt, it announced in a news release. The new online features employ VRIFY technology, for which Larder is well suited du...Read More
Assay results are in from a high-priority target on the property. GoGold Resources Inc. (GGD:TSX) announced in a news release the assay results from holes drilled at Los Ricos in Jalisco, Mexico.The company noted that three new diamond drill holes at the Los Ricos Main area showed wide intervals of gold-silver mineralization in the Los Ricos vein near surface. For example, drill hole LRGG-19-028...Read More
The transaction enhances the company's existing nearby project, where maiden drilling recently started. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) closed its acquisition of the Goldstorm project in Northern Nevada from Mountain View Gold for 25,000 Seabridge common shares, it announced in a news release. The Goldstorm property sits about 3 kilometers to the east of Seabridge's Snowstorm project ,...Read More
Investors yanked loads of cash out of the steel-loaded commodity fund in AugustAmong sector exchange-traded funds (ETFs), the steel-loaded SPDR S&P Metals & Mining ETF (NYSEARCA:XME) appears perhaps likelier than most to have a wild month of September. Our quantified data shows that XME sports a respectable 60% positive returns for the month over the last 10 years -- but the fund's average Septemb...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
The major Egyptian rebar producers have kept their rebar prices unchanged for orders to be placed in September, market sources told Fastmarkets on Monday September 2.The country's biggest producer, Ezz Steel, is offering rebar at E ?11,890 ($718) per tonne ex-works, Beshay Steel is offering rebar at E ?11,830 per tonne ex-works and El-Marakby Steel's price is E ?11,580 per tonne ex-works. All thes...Read More
Currency exchange rates can make or break a steel trade, and with forex volatility in emerging markets expected to continue for the rest of the year, the Asian ferrous markets are likely to see more price fluctuations before the end of 2019.These five currency pairs should be on your watch-list for the significant influences they could bring to bear on key global steel and ferrous scrap trade flow...Read More
The protracted economic battle between the United States and China will rewrite the rules of global trading and will not be resolved anytime soon, steel market sources in Asia told Fastmarkets."The world will wait and see who is able to gain the upper hand in the end and then follow the new rules of trading set by the winner," a major trader in China said.Market sources expect the entire ferrous s...Read More
The global market for direct-reduced (DR) iron pellets was under pressure from falling prices for both steel scrap and finished steel products in August, sources told Fastmarkets last week.Fastmarkets lowered its iron ore DR-grade pellet premium, Middle East reference, to $62 per tonne on Friday August 30, from $65 per tonne on July 31."A [DR pellet premium of] $62 per tonne is still 'in the ballp...Read More
Treatment charges for zinc and lead (TCs) rose in August with the arbitrage to bring material into China switching markedly to a negative value.TCs for lead concentrates in particular rose sharply, to levels not seen in the past two years. The arbitrage loss to bring refined lead into China hit 1,100-2,300 yuan ($154-321) per tonne at the end of the month, with the futures price rising on the Lond...Read More