The US has "been working around the clock through diplomatic channels to try to bring an end to the conflict.""We are ready to lend support if the parties... seek a ceasefire," Blinken added.Continue...Read More

"...for the life of me I can't understand why the left is so excited about money-printing when all the data shows that the people who benefit from money-printing are rich people."Continue...Read More

The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as "sound money" and enacting legislative change across the country to reduce sales taxes on the precious metals. Jp Cortez, policy director of the League, tells David Lin, anchor for Kitco News, that there is a big discrepancy across the country when it comes to tax rates for gold and silver;...Read More

Silver market expert David Morgan says there is pressure building in the silver market. The #SilverSqueeze and WallStreetSilver movement is growing, and now a whole new group - the next generation - is becoming convicted about investing in physical silver. Find David online: http://themorganreport.com0:00 Intro?EUR<1:48 #SilverSqueeze 2.03:47 Pressure building5:48 Next generation & silver7:49 Silv...Read More

Independent financial analyst and geologist Matt Badiali discusses the new technology that Nevada Exploration is using to search for gold in Nevada. On one memorable episode of "How the Earth Was Made," Dr. Richard Goldfarb of the Colorado School of Mines dropped a challenge to gold explorers everywhere: Find Nevada's missing gold.Nevada is one of the most prolific gold producing regions in the w...Read More

Sector expert Michael Ballanger examines the parallels between the present and the inflationary years of the mid-1970s, and also comments on how gold markets are responding. 1970s gas lines. Source: Wikipedia CommonsFor many of those following the writings of this "dithering old fool," who continues to hold an unfailing conviction in the strategic importance of gold and silver ownership in an oth...Read More

The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg.  But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish.  Traders are skeptical about gold stocks’upside potential, wary of another serious selloff.  The gold miners’ just-reported Q1’21operating and financial results...Read More

Junior miners may soon suffer abreakdown of the short-term support line. So, what’s responsible for theirunderperformance of gold and stocks?Today’s technical part of the analysis isgoing to be brief, as I have discussed multiple things this week and mycomments remain up-to-date. There’s not much to add today, and we’ll go overonly one technical chart – the one where...Read More

Rebar producers in Egypt have increased their prices by another E ?400 ($25.50) per tonne with effect from Monday May 17, sources told Fastmarkets. Rebar producers in Egypt are now offering the product at E ?14,300,14,600 per tonne ex-works including 14% VAT, compared with E ?13,900-14,200 per tonne ex-works announced on May 7. The latest increase follows an earlier E ?400 per tonne increase...Read More

Brazil's apparent steel consumption in April was up by 95.70% compared with the same month in 2020 when the Covid-19 pandemic first took hold in the country, the country's national steelmaker association, Instituto A??o Brasil, said on Friday May 14.Instituto A??o Brasil said demand for steel plummeted in April 2020.Steel usage hit 2.23 million tonnes in April 2021, up from 1.14 million tonnes a y...Read More

Here are five Fastmarkets stories you might have missed on Monday May 17 that are worth another look.Brazilian domestic flat steel prices increased this month after steelmakers applied price increases of up to 17% to most distributors.Chinese corporations should increase their use of futures products to...Read More

Molybdenum prices rose 15% during last week's trading when a combination of low inventories, steady consumption and high copper prices brought the already-limited production outlook into sharp focus. Would-be buyers found themselves caught short or with limited offers last week after a strong first quarter gave way to slower activity in April"I don't know how healthy this rally is, but I'd be feel...Read More

Major Chinese lithium producer Ganfeng Lithium has signed a memorandum of understanding with Argentina's Mining Ministry and Jujuy provincial state for the development of a lithium-ion battery factory in the north of the country, Argentina's government announced on Friday May 14.The parties also agreed to cooperate on identifying further opportunities to invest in the country's lithium sector. Arg...Read More

The bullish momentum on the London Metal Exchange resumed on Monday May 17, following a pullback at the end of last week, with lead and zinc leading and returning to prices they had hit one week earlier when most metals set new LME year-to-date peaks. At $3,014 per tonne on Monday at 5pm, LME zinc's three-month price had the largest increase from Friday's close of $2,938, which had been a 1.8% fal...Read More

Here are five Fastmarkets stories you might have missed on Monday May 17 that are worth another look.Brazilian domestic flat steel prices increased this month after steelmakers applied price increases of up to 17% to most distributors.Chinese corporations should increase their use of futures products to...Read More

Chinese corporations should increase their use of futures products to hedge against recent price spikes in major commodities across the world, an industry body has said. Rising procurement costs of raw materials have made the lives of small and medium enterprises tough, while higher prices of end products could lead to waning consumption, Ma Wensheng, vice chairman of China Futures Association sai...Read More

The prices of precious metals are going to surge in the back half of the year...Craig Hemke interviewed on USA Watchdog by Greg HunterFinancial writer, market analyst and precious metals expert Craig Hemke predicted last year (about this time) that silver was headed way up. It was up more than 45% for 2020 and was one of the best performing assets of the year. Now, Hemke is predicting "another 45%...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Recent weeks have largely been a repetition of the weeks leading up to our previous tracker in mid-April. A flurry of price increases have been announced, and largely obtained, by leading steelmakers in both Europe and the United States while buyers struggle to secure spot tonnages.Although steel output is rising in both reg...Read More

Key data from pricing session in London on Monday May 17Key drivers:  Offers and bids below the previous range led to a fall in prices despite the fresh inquiries from China.  Prices are yet to hit a level where...Read More

Brazil's apparent steel consumption in April was up by 95.70% compared with the same month in 2020 when the Covid-19 pandemic first took hold in the country, the country's national steelmaker association, Instituto A??o Brasil, said on Friday May 14.Instituto A??o Brasil said demand for steel plummeted in April 2020.Steel usage hit 2.23 million tonnes in April 2021, up from 1.14 million tonnes a y...Read More