Import prices for stainless steel in East Asia rose over the past week following a surge in the price of nickel.Producers will attempt to sustain the upward trend in stainless steel prices going forward under the pretext of higher nickel costs, a trader in Taiwan said.But a trader in northern China said the jump in the price of nickel had been too abrupt and buyers are likely to be unwil...Read More

This is my second-last editorial for The Northern Miner, as I will soon depart to join gold miner Agnico Eagle Mines as a senior geologist in their Toronto head office, working on technical writing. Before I go, I'd like to pass on some lessons learned after 23 years at the Miner, including the past 14 years as editor-in-chief, beginning with some writing tips for aspiring business writers.Three b...Read More

With the increasing adoption of electric vehicles (EVs) and energy storage technologies, there is little doubt demand will grow for battery raw materials that must be sourced from the mining industry.We expect automotive companies and battery manufacturers to invest US$300 billion in the sector in the next 10 years, and they will require new battery mineral deposits to be developed.However, given...Read More

With the gold price jumping uncertainly around the $1,400 an ounce mark, it was left to the gold miners themselves to ensure a positive newsflow that supported their stocks this week.   Starting with the majors, Barrick Gold (NYSE:GOLD) (TSX:ABX) and Newmont Goldcorp (NYSE:NEM) (TSX:NGT) successfully concluded the long-awaited transaction establishing their new joint venture which will run...Read More

 Major fundamental processes and events create the large chart patterns seen on the monthly charts. It's important for gold and stock market investors to stay focused on the big picture, both technically and fundamentally.To view the big technical picture for gold, please click here now. Double-click to enlarge.Since 2001, my proprietary weekly chart signals system has only generated five buy...Read More

 Major fundamental processes and events create the large chart patterns seen on the monthly charts. It's important for gold and stock market investors to stay focused on the big picture, both technically and fundamentally.To view the big technical picture for gold, please click here now. Double-click to enlarge.Since 2001, my proprietary weekly chart signals system has only generated five buy...Read More

The company (TSXV: PAC) finished down 2.9% Thursday at 16c, capitalising it at nearly C$25 million. Its shares are down from 35c at the start of 2019."Pacton has a very strong portfolio of gold projects in Canada and Western Australia and has a comprehensive exploration program underway," Pacton executive chairman Dale Ginn said."We are particularly excited about the prospects for our Red Lake gol...Read More

The company has struck an option agreement to earn a 60% stake in the Makuutu project, described as one of the few large ionic clay-hosted REE deposits outside of China, with a good shot of beingRead More

With three AI and machine-driven systems that seek to better pinpoint mineral prospects, Brisbane-based Orefox now has six clients on its books.Read More

Liquefied natural gas (LNG) is the fastest-growing sector in the energy industry.According to a new report from Global Energy Monitor (GEM), over $1.3 trillion is being invested right now in over 200 LNG terminal projects around the world.GEM counts 202 LNG terminal projects currently in development, including 116 export terminals and 86 import terminals worldwide. It estimates that these new term...Read More

Gold dropped well below $1,400 on Monday. Mainstream analysts said sell-off was because hope for a resolution in the trade war interjected some optimism into the markets, pumped up risk sentiment and put a damper on safe-haven buying. But that optimism apparently faded fast. On Tuesday, gold began to rally again and pushed back above $1,400.The fact is economic realities don't support optimism....Read More

Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-mark...Read More

Fans of the improvisational comedy program Whose Line Is It Anyway? may recall host Drew Carey describing it as "the show where everything's made up and the points don't matter."Interestingly, if we replace "show" with "economic doctrine," and "points" with "money," we end up with a near-accurate description of modern monetary theory (MMT).You may have noticed MMT trending in the news in the pas...Read More

- David H. SmithGLD (SPDR Gold Shares NYSE) is the world's largest gold-centric Exchange Traded Fund (ETF). On Friday June 21, 2019 - one day after The Gold and Silver Volcano is Ready to Erupt was posted on this site - a record single day's inflow (gold buying) of over $1.5 billion took place.This stampede, led by hedge funds and "algos" (automated computer buy/sell programs based upon volu...Read More

By: Ira EpsteinGold is overbought, near resistance area again:Read More

Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.Key Takeaways:[3:54] Asset inflation is making the rich richer and leaving the...Read More

Michael Pento gives a tremendous interview on what he sees as pending doom in the stock market and why he believes we're in for a bout of stagflation that will make the 1970s look like a walk in the park. He also makes a compelling case for gold during an interest rate environment that he believes will soon be turning profoundly negative in real terms. *The interview begins at 6:05Michael Pento is...Read More

Part 1 (part 2 below)President Trump Fed nominee Judy Shelton discusses the gold standard. Part 2President Trump Fed nominee Judy Shelton joins "Santelli Exchange" to discuss the interest rate policy, where she stands in terms of Fed policy and the popularity in cryptocurrency and what it says about government backed currency.Read More

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

Carl E. Walter, longtime bank executive and coauthor of "Red Capitalism," joins the program to discuss important recent happenings in China.2:55 Reading the tea-leaves8:12 Baoshang Bank: A small fish causing big problems14:12 Hong Kong and the mainland19:56 More stimulus on the way?24:38 Swapping loans for bondsJames "Jim" Grant is an American writer and publisher and the founder of Grant's Intere...Read More