China's domestic hot-rolled coil prices gained on Monday December 23 as supply remained short in the east of the country, but a mill based in northern China exported material at a low level despite high offers, market participants said.DomesticEastern China (Shanghai): 3,900-3,910 yuan ($556-558) per tonne, up 30 yuan per tonneNorthern China (Tangshan): 3,640-3,650 yuan per tonne, widening upward...Read More

China's rebar prices were mixed on Monday December 23, with market participants divided in their outlook for the market in January.Eastern China (Shanghai): 3,800-3,830 yuan ($542-546) per tonne, down 10 yuan per tonneNorthern China (Beijing): 3,520-3,560 yuan per tonne, up 20 yuan per tonneSome participants think inventory in the spot market in January will stay low, which will sup...Read More

Here are five Fastmarkets MB stories you might have missed on Monday December 23 that are worth another look....Read More

Key data from the pricing sessions in Asia and Europe in the week to Friday December 20. Europe Key drivers  European silicon spot prices continued momentum from previous weeks. The metal is closing the year in a positive mood after constant falls in the second and third quarters of 2019.  Trading has slowed slightly down ahead of the holiday but European sources...Read More

Key data from the pricing sessions in Asia and Europe in the week to Friday December 20.ChinaKey drivers The price of antimony, MMTA standard grade II, ddp China, continued to drop for the seventh consecutive week in the latest assessment period ended Wednesday December 18, as suppliers cut offer prices further amid scant buying interest.Some suppliers lowered prices in an effort to sell off stock...Read More

The fate of indium stocks once held by the failed Fanya Metal Exchange and due to be auctioned this week will remain a major concern for indium market participants going into 2020.An upcoming auction on Sunday December 29 for Fanya's 3,609.5 tonnes of indium is likely to be the last held for the now defunct exchange's hefty minor metals inventories, but the uncertainty clouding the indium market w...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comDec 24, 2019Massive upside breakouts are taking place across the precious metals sector.Many mining stocks, especially silver-oriented, are skyrocketing.Unfortunately, I believe most investors who are Trump fans have become over-obsessed with the relatively minor but media-promoted gains i...Read More

"'It's a complete mess': Energy market in flux ahead of a global shipping revolution, analysts warn"That was the headline today on CNBC, as we are a week away from the implementation of IMO 2020 rules.On January 1, 2020, the International Maritime Organization (IMO) will impose new emissions regulations designed to significantly curb pollution produced by the world's ships.The new rules will outla...Read More

David HaggithThis little monster that feeds beneath the surface of global banking at its core briefly raised one ugly eye out of the water as 2018 turned into 2019. I wrote back then that the interest spike we saw in the kind of overnight interbank lending known as repurchase agreements (repos) was just the foreshock of a financial crisis being created by the Fed's monetary tightening. I said th...Read More

Joseph T. SalernoThe flood of obituaries that noted the passing of Paul Volcker (1927-2019) last week have almost all lauded his achievement as Fed chair (1979-1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s.Volcker was referred to as the "former Fed chairman who fought inflation" (here); "inflation tamer" and "a full-fledged inflation warrior" (here...Read More

- Clint Siegner, Money MetalsZero Interest Rate Policy (ZIRP) was considered "extraordinary" when central bankers rolled that out roughly ten years ago. At that time, people would still have laughed at the idea of negative interest rates. Lenders didn't pay borrowers and nobody paid their bank to hold their deposits.So much has changed in the past 10 years. Now negative interest rate policies (N...Read More

StrengthsThe best performing metal this week was silver, up 1.57 percent with money managers raising their net long position by about 20 percent. The number of gold bulls outnumbered the bears for a third straight week, according to the Bloomberg survey of gold traders and analysts. Turkey increased its gold reserves overall in the month of November to 18.16 million ounces, up from 17.79 milli...Read More

Gold and silver are bullish at the moment and can rise further. The more the rise, the more will be short covering and increase in long positions. This a golden Christmas for gold bulls but not so golden Christmas for the masses. Central bank are eating away are hard earned by using inflation as a policy measures for decision making. Inflation is nothing but price rise. Salaries are stable for m...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

In this episode of the Keiser Report from Buenos Aires, Max and Stacy celebrate Christmas Eve with a look back at the biggest stories and trends of 2019. Deglobalization and Deglobalization roared ahead in the year as central banks started stockpiling and repatriating gold. It was also a year that was almost the opposite of 2018 in that going long almost anything performed well: from stocks to bon...Read More

Is Paul Volker a legend or a myth? He's largely credited as the man who broke the back of inflation. While he vigorously attacked inflation through double digit interest rates, but that was after the Fed had dramatically raised the money supply and caused the inflationary wave we were suffering through. History will be the judge of interest rate manipulation.Read More

Holiday shopping set records this past weekend, with Super Saturday sales reaching $34.4 billion, the largest single day in U.S. retail history, according to Customer Growth Partners.Continue...Read More

On a day when most Americans are spending time with family and friends, gold logged a significant breakout on its chart. Continue...Read More

For full ownership, the earn-in period is two years. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it entered an agreement to earn in 100% of AurCrest Gold's Western Fold property in Ontario's Red Lake District."We see the Western Fold property option as a low cost and potentially high reward opportunity for the company while we continue to advance our flagship Pamlico pr...Read More

The highlights and benefits of the transaction are provided in a Haywood report. In a Dec. 17 research note, Haywood analyst Kerry Smith purported that Equinox Gold Corp.'s (EQX:TSX.V) acquisition of Leagold Mining is "a good transaction at a good price" and recommended accumulating shares.Smith outlined the deal. With the transaction, Leagold shareholders will receive 0.331 of an Equinox share,...Read More