Craig Hemke says JP Morgan won't get caught in an silver short squeeze again like they did in 2011. Here's why...Craig Hemke interviewed by Max Keiser of The Keiser ReportIn this latest interview, Max and Craig take a deep dive into what really happened to gold and silver in 2011.Craig explains how the run-up in silver to nearly $50 occurred, and what has been done since so that JP Morgan doesn't...Read More

Boom! The U.S. and its allies struck Syria in response to a suspected deadly chemical attack several days ago. Gold should be the safe haven in such situations, right? But the price of gold was practically unchanged on Monday. What happened? U.S. Strikes Syria. Gold YawnsA lot has happened in recent days. Luckily, we have kept an eye on the most important developments for you, so let's analyze...Read More

In a world of cheap emerging market labor and ever-more-dexterous robots, inflation - especially the wage-driven variety - seems like yesterday's news. But Continue...Read More

China's hot-rolled coil prices edged up on Tuesday April 17 amid a strengthening of the paper market, particularly in the morning trading session.DomesticEastern China (Shanghai): 3,940-3,980 yuan ($627-634) per tonne, narrowed upward by 10 yuan per tonneNorthern China (Tianjin): 3,880-3,900 yuan per tonne, up 10 yuan per tonne In Shanghai, spot cargoes were traded at the higher end of range in th...Read More

Many, including Russia's President Putin, have asked why the US launched an illegal attack on Syria prior to the chemical weapons inspectors examining the site of the alleged chemical attack.Continue...Read More

SHANGHAI, Apr 17 (SMM) – China’s investment in fixed assets, excluding rural households, stood at 10.08 trillion yuan in the first quarter of this year, up 7.5% year on year, according to latest data from the National Bureau of Statistics on Tuesday April 17. The growth was 0.4 percentage point slower than in the first two months of this year.Of the total, private investment in fixed a...Read More

North and South Korea are in talks to announce an official end to the military conflict which has been technically ongoing since the 1950s.Continue...Read More

SHANGHAI, Apr 17 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs US treasury yield rates declined, the US dollar index fell 0.41% overnight and hovered around 89.4. Base metals rose across the board, with LME metals driving their SHFE counterparts. LME aluminium rose close to 5% and hit a new high since September 2011 at one...Read More

The Mint Corporation's (TSXV:MIT) subsidiary signs and exclusive licensing agreements with Interac Corp. for the United Arab Emirates (UAE)SmallCapPower | April 17, 2018: The Mint Corporation's (TSXV:MIT) latest announcement is set to change the way purchases are made in one part of the Middle East. Effective April 15, 2018, Mint's majority-owned subsidiary, Mint Middle East LLC (MME), has signed...Read More

Fears that a global trade war would swiftly follow the imposition of Section 232 tariffs by the United States have been overplayed, World Steel Association (Worldsteel) director-general Edwin Basson has said, launching its latest short-range forecast.The tariff debate is moving further and further away from steel, according to Basson, who said that initial fears of a significant effect on steel pr...Read More

Wayne, Pennsylvania-based Genlith has teamed up with Chile's former mining undersecretary Ignacio Moreno to create the Chilean Cobalt Corp, a private concern which has signed an option agreement for a former producing region in northern Chile's Atacama Region.Read More

European flat steel product distributors reported a slight increase in shipments in February.The European federation for steel, tube and metals distribution and trade, Eurometal, said on Tuesday April 17, there had been a 0.6% year-on-year increase in shipments in February despite significant rise in prices. Metal Bulletin's price assessment for domestic hot-rolled coil (HRC) in Northern Europe...Read More

The Alpala deposit already has a mineral resource of 1.08 billion tonnes at a copper-equivalent grade of 0.68%, and has recently earned the backing of BlackRock, which took a 5% stake in SolGold this month.Read More

Turkish steel mills have continued their bookings for May deliveries of material as expected, while prices went up slightly on Tuesday April 17.A steel producer in the Iskenderun region booked a Baltic Sea cargo, comprising 13,000-17,000 tonnes of HMS 1&2 (80:20) at $356 per tonne and 7,000-8,000 tonnes of shredded at $361 per tonne cfr late on April 16.The cargo was scheduled to...Read More

RAPAPORT... Louis Vuitton has appointed Francesca Amfitheatrof artisticdirector of watches and jewelry, the luxury retailer said Monday.  Amfitheatrof (pictured) will be in charge of creating jewelry and high-jewelrycollections, as well as overseeing all Louis Vuitton watch designs.   "It is with great excitement that I join Louis Vuitton, ahouse I feel deeply connected to thro...Read More

SHANGHAI, Apr 17 (SMM) – Nonferrous metals received a boost on Tuesday April 17 as China's gross domestic product (GDP) for the first quarter came in along expectations. SHFE aluminium surged 2.4% and tin and lead rose over 1%. Copper and zinc gained close to 1%, and nickel edged up.Most ferrous metals came off from highs and closed with mixed results. Coke rose over 1% and coking coal a...Read More

(IDEX Online) - Leo Schachter said that Rosy Blue has become a minority investor in its business.   The transaction is expected to close soon, and will mark a culmination of over 30 years of a trading relationship built between the two groups, the Leo Schachter firm said in a statement.   "Leo Schachter will continue to operate independently under the Schachter family's majority ownersh...Read More

JOHANNESBURG (miningweekly.com) – Diamond miner De Beers’ global sightholder and auction sales earned the company $520-million in the third sales cycle of this year.This is lower than the $563-million earned in the second sales cycle of this year, as well as the $586-million earned in the third sales cycle of 2017.AdvertisementDe Beers CEO Bruce Cleaver said that while the second quart...Read More

The stoppage of Anglo American's Minas-Rio iron ore operation in Brazil will have an effect, albeit a small one, on worldwide supplies and prices of high-grade materials.The miner first halted iron ore output at its venture on Monday March 12, after a rupture of the slurry pipeline designed to transport material from the mining site in Minas Gerais state to the port terminal in Rio de Janeiro stat...Read More

RAPAPORT... The Diamond Producers Association (DPA) has appointed GrantMobley to manage relationships with the US jewelry industry.  As head of US trade, a newly created position, Mobley (pictured) will oversee the DPA's marketing program "Real is Rare. Real is a Diamond". He will interact with retailers and others in the industry, updating them about the campaign and hearing their...Read More