An overview of the minor metals markets and the reasons for any price moves.Read More

Key data from the pricing session in Shanghai on Friday July 17. Key drivers  The cobalt metal price in China retreated slightly due to softening local futures prices amid weakened sentiment following a plunge on the stock market in China on Thursday. Spot...Read More

An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More

Markets were mixed across the board this morning, Friday July 17, while traders consolidate recent gains - key will be how well prices manage to hold up.The base metals traded on the London Metal Exchange were all down, but only by an average of 0.3%, while the base metals on the Shanghai Futures Exchange were mixed, but down by an average of 0.2% An European Union summit is underway today to try...Read More

Demand for Japanese steel scrap in key Vietnam import markets continued this week with domestic steelmakers sourcing the raw materials to churn out billet for Chinese buyers, sources said."A lot of spot demand for scrap in Asia is now [coming from] Vietnamese steel mills, which are betting on the Chinese appetite for billet imports to continue," a mill source in Asia told Fastmarkets on Friday Jul...Read More

Import prices for containerized ferrous scrap in Taiwan stopped increasing this week because buyers have started looking to secure material from Japan instead of the United States.The spread between bulk Japanese and containerized US-origin scrap narrowed to about $15 per tonne this week, making Japanese scrap a more economical choice for Taiwanese steel mills.Fastmarkets' daily price assessment f...Read More

Exports of manganese ore from South Africa have almost quadrupled from April to July, according to preliminary trade data seen by Fastmarkets, and the majority will head to China, where inventories are already rising and prices have fallen sharply. South Africa will export almost 2 million tonnes of manganese ore in July from around 500,000 tonnes in April when South Africa was under strict lockdo...Read More

As the country’s tax agency, the CRA affects the lives of Canadians more than much other government and federal institutions. While its usual duty is to ensure that everyone complies with their tax obligations and to offer tax incentives to those most in need, this year has been very different. The government had to provide financial relief to its citizens, and the CRA played a key role.The...Read More

Seabridge Gold is testing for a gold-copper porphyry mineral system similar to its KSM project. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it commenced drilling at its Iskut project in British Columbia. "Seabridge acquired the large land package at Iskut because we saw clear evidence of a porphyry system with many of the characteristics of our giant KSM project in rock...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Signs of topping, everywhere...by Harry Dent via Harry S. Dent Jr.Something BIG is brewingRead More

There will be a wealth transfer from fiat-backed assets to precious metals...Jeff Clark interviewed on Palisade RadioTom welcomes a new guest to Palisade, Precious Metals Analyst Jeff Clark.Jeff cautions that investors should be skeptical of mining companies' claims because they will always place their best foot forward.Both Jeff and Mike believe there will be a wealth transfer from fiat-backed as...Read More

To say we live in a time that will be taught in future history classes is an understatement. Not just because of the pandemic, but because America seems to be a country without a clear path ahead of it. It's a time marked by a divided and dysfunctional federal government. It's a time marked by a shrinking influence on the world stage. It's a time marked by slow but certain change in social norm...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Silver investmentdemand is exploding in recent months, skyrocketing higher inwildly-unprecedented fashion!  That has catapultedsilver sharply higher since mid-March’s COVID-19-lockdown stock panic.  Accelerating even in this usually-weak summerseason, the massive capital inflows deluging into silver show no signs ofabating.  This is very bullish for silver,yet most traders rem...Read More

Gold's price milestones have kept it in focus for the last couple of weeks, but this time we're focusing on silver. The white metal has made it past the US$1...Read full newsRead More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort330,20567,77759,596125,909427,927515,710555,300Change from Prior Reporting Period -6,825-1,8955,5667,4856,9116,22610,582Traders22765875666318190 Small Speculators LongShortOpen Interest 64,46524,875580,175 1,173-3,1837,399 non reportable positionsChange from the previous reportin...Read More

Spot gold getting higher than comex gold futures. Silver is still in bullish zone. Covid is spreading in nations which have opened after lockdown. Gold and silver are soft just due to vaccine hopes and nothing else. Rest of the factors are all bullish. Gold investment demand from ETF and others will not fall significantly unless there are other safe options. Federal Reserve meeting on 29th July...Read More