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

Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) expects to increase its iron ore production from the third quarter, after transportation issues reduced output in the first six months of the year, the company's chief financial officer, Marcelo Ribeiro, said on Wednesday July 29.Own output and third-party purchases are estimated to be near the 10-million-tonne quarterly level during the s...Read More

(Denver, Colorado - July 29, 2020) GoldSeek.com is pleased to announce that it will be launching its new website in the coming days. This will be the third major revision to the GoldSeek website over the past 25-years.In the next version of GoldSeek.com, we are excited to announce the following features:Live Gold Prices - streaming live gold prices & charts Mobile Friendly - smartphone &...Read More

Hubert MoolmanThe following is an update of a previous article:During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing.Here is a chart of the US monetary base to illustrate the similarity: With the 2008 actions they were able to avoid the colla...Read More

The U.S. Mint made an unusual request last week. In a press release dated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them.As you may have noticed, people just aren't making transactions with coinage like they used to. That's especially the case now in the age of the coronavirus. With many people sheltering-in-place, bil...Read More

Silver has made impressive gains over the past week which resulted from its breaking out at last from the giant Double Bottom base pattern that started to form as far back as 2013, so it's been a long wait for silver investors for this to happen. Over the past week it has done exactly as predicted in the "breakout Souvenir article" posted on the site on the 22nd, running quickly at the strong re...Read More

By Avi GilburtLast week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining s...Read More

Due to measures taking by the West Point Mint to protect workers from the virus, the production of gold and silver coins will be reduced over the next 12-18 months. By enacting these worker policy changes, the U.S. Mint will not be able to produce gold and silver bullion coins at the same time. Thus, if demand continues to be strong for Gold and Silver Eagles, we could see higher premiums...Read More

Dear Friend of GATA and Gold:Appended is tomorrow's editorial in the Financial Times, which, taking note of gold's sharp rise in price, begins with a factual error, goes on to sulk for six paragraphs, and concludes with the hope and expectation that gold will go back in the dumpster eventually.The error beginning the editorial is the assertion that gold doesn't pay interest. Gold doesn't automa...Read More

By: Ira EpsteinGold has spent 6 days in a row over the upper Bollinger band, this is unheard of. I have seen a 7 day before, this is a sign of great strength! Gold has 18DMA at 1836+ area and rising quickly. Silver had an amazing move. I would be very careful, $4-range in one day! I appreciate your bravery, but I just don't have it. I would avoid leverage futures here:Read More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

Global tin premiums were flat in the week ended Tuesday July 28, with a rising three-month tin price on the London Metal Exchange and tightening forward spreads being the key deterrents to spot business, while a closed arbitrage window and lack of spot liquidity meant that deals remained rare.US premium holds steady on lack of tradesClosed arbitrage window for most of the past two weeks limits buy...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 29 that are worth another look.The United States Department of Commerce has launched anti-dumping (AD) and countervailing duty (CVD) investigations - some alleging triple-digit margins - into seamless standard, line and pressure pipe imports from four...Read More

The three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Wednesday July 29, shrugging off downward pressure from an inflow of 15,050 tonnes of material in the morning, while nickel followed higher in a positive afternoon session for the majority of the base-metals complex.Zinc's outright price on the LME closed at $2,297 per tonne on Wednesda...Read More

Seaborne premium hard coking coal prices were relatively stable on Wednesday July 29 in a quiet seaborne market, with most participants in wait-and-see mode. Fastmarkets indicesPremium hard coking coal, fob DBCT: $108.60 per tonne, down $0.66 per tonne Premium hard coking coal, cfr Jingtang: $118.88 per tonne, up $0.09 per tonneHard coking coal, fob DBCT: $89.34 per tonne, up $1 per...Read More

Markets were for the most part consolidating this morning, Wednesday July 29, with base and precious metals prices mixed, albeit with the path of least resistance remaining to the upside.Traders are having to weigh up the continuing spread of the Covid-19 virus across the United States and pockets of second waves in other major economies and some disappointing economic news, against the prospects...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view. We also review our price forecasting accuracy for the second quarter 2020.Q2 2020 price forecast performance review According to the results of Fastmarkets' Apex for the second quarter of 2020 published this week, Fastmarkets' base metals research team was the second most accurate price forecaster for nickel (99.06%), lead...Read More

The market is very strong right now...by David Morgan of The Morgan ReportTHE SILVER BULL RUN HAS STARTED $30 COMING? | https://www.themorganreport.comThe silver bull run has started and $30 could be coming! In today's video, we talk with Endeavour Silver CEO Bradford Cooke and precious metals analyst David Morgan to get their take on the silver bull run, asset protection, digital currencies, and...Read More

And silver is still VERY SCARCE in the US!by Harvey Organ of Harvey Organ BlogJULY 28//GOLD CONTINUES TO GAIN: UP $13.25 TO $1948.85//SILVER DOWN 14 CENTS AS WE FINISH WITH COMEX EXPIRY//MINT SLOWS DOWN GOLD AND SILVER COIN SALES//CHINA VS USA//EUROPE VS USA//CORONAVIRUS UPDATE//SWAMP STORIES//GOLD: $: 1948.85 UP $13.25 The quote is London spot price (cash market)This is an all time highSi...Read More

Things have changed in the last 2 months, big time...By Matt from Silver Fortune via Silver FortuneThings have changed in the last 2 months, big time...Read More