Bob Moriarty of 321 Gold calculates what South32's acquisition offer for Arizona Mining means to the value of another company with a similar resource. Akie Camp, Cardiac CreekOn June 17th, 2018 an Australian company named South32 Ltd. (S32:ASX) agreed to buy the remaining 83% of shares in Arizona Mining Inc. (AZ:TSX) in a deal that values all of Arizona Mining at $2.1 billion Canadian pesos. The...Read More

"We've broken down and violated a lot of key levels in gold."Continue...Read More

John-Mark Staude, CEO of Riverside Resources, speaks with Maurice Jackson of Proven and Probable about his company's exploration in northern Mexico.Maurice Jackson: Today we will provide an update on Riverside Resources Inc. (RRI:TSX.V), Where Knowledge is Golden, trading on the TSXV, symbol RRI, and on the OTC, symbol RVSDF. Joining us for conversation is Dr. John-Mark Staude, the president, CEO...Read More

Sector expert Adrian Day looked at two 'favorite' junior explorers he considers 'good buys at current levels.' Lara Exploration Ltd. (LRA:TSX.V) (0.59) released some very strong results from channel sampling at a new polymetallic property in Peru. The Puituco Project returned 4.6% zinc, 4.9% lead and 27 grams per ton over 42.6 meters. These results make it more likely that Lara can execute a good...Read More

Precious metals expert Michael Ballanger explains why he believes gold is bottoming. Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings lower than this at other bottoming perio...Read More

Japan has requested dispute consultations at the World Trade Organization (WTO) regarding South Korean anti-dumping duties levied on stainless steel bars from Japan, the WTO said on June 21."Japan claims a third sunset review by [the South] Korean authorities, which led to a decision to maintain the duties [on stainless steel bar imports from Japan] was not carried out in accordance with the WTO's...Read More

Unusually quiet trading activity in molybdic oxide and alloys markets has pressured down prices in Europe so far this week, with the prospect of further falls if emerging offer prices for oxide are accepted and while steelmakers appear reluctant to buy alloys in a weakening market, sources said. Metal Bulletin assessed European molybdic oxide prices at $11.10-11.20 per lb in-warehouse Rotterd...Read More

Finnish stainless steelmaker Outokumpu's alloy steel surcharges for July deliveries of grade-304 cold-rolled (CR) stainless steel sheet have risen for the sixth consecutive month, the company's website announced on Thursday June 21.The company's July alloy surcharge for 2mm grade-304 CR stainless steel sheet is ?,?1,647 ($1,907) per tonne, a sharp increase from its June surcharge of ?,?1,527 per t...Read More

 CloseGain/LossGold $1267.40-$2.10Silver$16.31+$0.01XAU80.89-0.43%HUI174.60-0.47%GDM609.68-0.32%JSE Gold1068.94-6.73USD94.82-0.27Euro116.12+0.29Yen91.12+0.39Oil$65.54-$0.1710-Year2.895%-0.041T-Bond143.9375+0.4375Dow2749.76-0.80%Nasdaq7712.95-0.88%S&P24461.70-0.63%  The Metals: Gold dropped $8 to $1261.50 by a little after 8AM EST before it rallied back higher throughout mos...Read More

Japan has requested dispute consultations at the World Trade Organization (WTO) regarding South Korean anti-dumping duties levied on stainless steel bars from Japan, the WTO said on June 21."Japan claims a third sunset review by [the South] Korean authorities, which led to a decision to maintain the duties [on stainless steel bar imports from Japan] was not carried out in accordance with the WTO's...Read More

The United States has agreed to exemptions from Section 232 tariffs for some steel products from five countries.US Secretary of Commerce Wilbur Ross said the Bureau of Industry and Security had begun production exclusions on steel imports based on a "balanced approach that accounts for the needs of downstream industries while also recognizing the threatened impairment of national security caused b...Read More

 CloseGain/LossGold $1267.40-$2.10Silver$16.31+$0.01XAU80.89-0.43%HUI174.60-0.47%GDM609.68-0.32%JSE Gold1068.94-6.73USD94.82-0.27Euro116.12+0.29Yen91.12+0.39Oil$65.54-$0.1710-Year2.895%-0.041T-Bond143.9375+0.4375Dow2749.76-0.80%Nasdaq7712.95-0.88%S&P24461.70-0.63%  The Metals: Gold dropped $8 to $1261.50 by a little after 8AM EST before it rallied back higher throughout mos...Read More

By Stefan GleasonGold and silver markets entered this summer with sentiment toward the metals in something of a deep freeze.For several months, precious metals prices have gone essentially nowhere. No sustained rallies to attract momentum traders; no washout plunges to attract bargain hunters. The long, protracted stalemate between bulls and bears has frustrated metals investors and, frankly, bo...Read More

Source: Michael J. Ballanger for Streetwise Reports 06/21/2018 Precious metals expert Michael Ballanger explains why he believes gold is bottoming. -->Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning...Read More

Listen in on a conversation with Mickey Fulp, the Mercenary Geologist, and myself, Peter Bell. We discuss generators like Eagle Plains and current excitement around Taiga Gold Corp., which is a sponsor for Mickey's website. Legal Notice / Disclaimer: This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. G...Read More

By Frank HolmesThirty-year mortgage rates might have ticked up in the past 12 months, but for now that doesn't seem to be weighing on new home demand. According to the Commerce Department, housing starts climbed to an 11-year high of 1.35 million units in May, a clear sign that the market has continued to improve following the subprime mortgage crisis a decade ago. This is constructive pun ful...Read More

The decline in gold, silver and mining stocks continued yesterday, further increasing profits on our short position. But, since gold is already in the $1,260s, and our target area is $1,250 - $1,260, one should prepare for a nearby reversal. Indeed, one should be prepared, but it doesn't mean placing an exit order just yet. Apart from the price moving closer to our target of $1,250 - $1,260, we...Read More

The trade wars have escalated again. Should investors worry about them? Or should they focus on the Fed's hawkish policy? Let's find out what is a greater threat (or opportunity) for the gold market. Trade Wars Are Closer... Last week, President Trump slapped new steep tariffs on Chinese goods. He imposed 25% tariffs on almost $50 billion worth of goods (for most of them, tariffs will start on...Read More

Russia adds another 600,000 oz to it's gold reserves in MayHoldings of U.S. government debt slashed in half to $48.7 billion in April'Keeping money safe' from U.S. and Trump - Danske BankTrump increasing the national debt by another 6% to $21.1 trillion in less than 18 monthsAsian nations accumulating gold as shield against dollar devaluation and trade warsRussia dumps Treasuries for gold and in...Read More

Japan has requested dispute consultations at the World Trade Organization (WTO) regarding South Korean anti-dumping duties levied on stainless steel bars from Japan, the WTO said on June 21."Japan claims a third sunset review by [the South] Korean authorities, which led to a decision to maintain the duties [on stainless steel bar imports from Japan] was not carried out in accordance with the WTO's...Read More