Marshall is back with an important update on gold & silver going into the all-important Fed minutes release this afternoon...Marshall Swing of The Church of Acts dropped a quick line to get everybody up to speed on the latest price action in gold & silver.He said to let his charts do the talking for him as this is turning out to be an exciting week, which might very well reach a crescendo with the...Read More

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More

VANCOUVER, British Columbia, May 23, 2018 (GLOBE NEWSWIRE) -- Blue Sky Uranium Corp. (BSK.V) (MAL2.F) (BKUCF), ("Blue Sky" or the "Company") is pleased to report that the initial process testing on oxide material from the Company's Ivana uranium-vanadium deposit demonstrated that simple wet scrubbing followed by wet screening results in the upgrading of metal concentration by approximately 300%...Read More

The internationalization of iron ore futures traded on the Dalian Commodity Exchange (DCE) emerged as a key discussion topic at the Singapore Exchange's (SGX) 2018 Iron Ore Week. The opening up of the iron ore contract on May 4 followed the announcement earlier this year by the International Energy Exchange (INE), a subsidiary of the Shanghai Futures Exchange, that it would allow non-Chinese compa...Read More

This article was written for Miles Franklin by Gary Christenson. This is speculation on a complex subject.Hyperinflation Myths:Hyperinflation occurs in banana-republics and not modern western countries.Hyperinflation cannot occur in the United States because the U.S. issues dollars - the reserve currency.BOTH IDEAS ARE INCORRECT. For more, read Bill Holter:WHAT ARE THE CONSEQUENCES OF HYPERI...Read More

Gold and silver would have reached stratosphere due to developments in Iran and the Korean peninsula. Crude oil induced inflation would have supported gold. It is only a cyclical period that is preventing gold price from rising. Reduction in net short positions in silver should pave the way for a rally anytime. It's a great time to invest in gold and silver for the medium term as well as the lon...Read More

Domestic prices for heavy steel plate in Europe have been largely unchanged over the past week, supported by lack of competitive import offers, sources told Metal Bulletin on Wednesday 23."Current exchange rates makes importing unattractive for buyers," an Italian source said.The euro has lost about 2.01% against the dollar since the beginning of May, according to exchange rate service Oanda.The l...Read More

By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD...Read More

"It was noted that it was premature to conclude that inflation would remain at levels around 2%, especially after several years in which inflation had persistently run below the Fed's 2% Continue...Read More

Prices for domestic hollow steel sections edged downward slightly in Northern Europe this week, with trade activity remaining thin, market sources told Metal Bulletin on Wednesday May 23.Metal Bulletin's price assessment for commodity-size, grade-S235 square hollow sections made and delivered in Northern Europe widened downward by ?,?5 per tonne to ?,?640-655 ($754-772) per tonne delivered on May...Read More

Everyone seems to agree that if interest rates keep rising a recession and equities bear market will ensue. But no one knows where the breaking point is in terms of, say 10-year Treasury yields. So it's become a topic of debate with a lot of heavy-hitters offering opinions. Yesterday Goldman Sachs weighed in: Goldman: Don't worry about rising interest rates until the 10-year yield hits 4%(CNBC)...Read More

In yesterday's analysis, we explained how it's possible for the precious metals sector to move higher in very short term and at the same time still form the next local bottom close to $1,250. The key part of the analysis was that this week's turning point may turn out to be declines' starting, not ending. We also argued that we could see a small decline in the USD Index and that might be enough...Read More

Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe were unchanged this week, with weaker demand in the domestic market and a lack of import offers, sources said on Wednesday May 23.The Southern European domestic price for mesh-quality wire rod was unchanged over the week at ?,?525-535 ($619-631) per tonne delivered on May 23."There is a degree of...Read More

Minerals Council president Mxolisi Mgojo announced the changes at the council's 128th annual general meeting on Wednesday and said the new logo and name had come after "extensive research". "This change signals our desire to move forward, building a new legacy, and creating a future of which all South Africans can be proud," he said. "And while we acknowledge our past, we do not accept t...Read More

SHANGHAI, May 23 (SMM) – Most nonferrous metals traded weakly, rangebound on Wednesday May 23. SHFE tin recovered slightly from its poor performance last week and gained 0.8%. SHFE copper saw a smaller increase, and closer higher than yesterday. SHFE zinc dropped close to 1%, aluminium slid 0.8%, nickel lost 0.6% and lead dipped.The ferrous complex fell across the board with coking...Read More

Domestic prices for steel beams in Northern Europe fell again this week on continuing limited demand, sources told Metal Bulletin on Wednesday May 23. Metal Bulletin's weekly price assessment for domestic S235-grade, 200x200mm category-2 H-beam in Northern Europe dipped ?,?5 per tonne to ?,?590-615 ($695-724) per tonne delivered on Wednesday May 23, from ?,?595-620...Read More

Paction will acquire 1126 sq.km of ground held by Impact for C$350,000 cash and 2.12 million shares, with a resource milestone and royalty also potentially coming into play if subsequent exploration is successful.Read More

SHANGHAI, May 23 (SMM) – As supplies accumulated in Shanghai, spot copper offers widened to a discount of 110-30 yuan/mt over the SHFE 1806 contract on Wednesday May 23. This compared with a discount of 90 yuan/mt to flat on Tuesday.As supplies of standard-quality copper grew, especially of imported brands, offers fell to a discount of 110 yuan/mt from 90 yuan/mt the previous day. Trans...Read More

The Turkish steel mills extended their silence in the deep-sea scrap markets while the lira weakened further amid sluggish demand for finished steel, sources said on Wednesday May 23.The lira continued to lose value against the US dollar due to the political uncertainty in the Middle Eastern country created by the calling of early elections.And it slid to a new historic low on Wednesday following...Read More

RAPAPORT... The Gemological Institute of America (GIA) has partneredwith Chow Tai Fook on a pilot program that will use blockchain to deliverdigital diamond-grading reports. The GIA will create a permanent and immutable record fordiamonds from the jewelry retailer's "T Mark" brand, the organizations said in ajoint statement Wednesday. The platform will begin in a selection of Chow TaiFook's Hong K...Read More