Momentum has shifted back in gold and silver's favor for now, said Jim Wyckoff, senior market analyst at Kitco News. "When we last talked, the markets, both gold and silver, were in a near-term price downtrend. Remember, we talked about key support levels that had to hold to keep prices from accelerating to the downside and those key price support levels, technical levels, did indeed hold," Wyckof...Read More
The European ferro-silicon market seems set to test the March 2018 price range of ?,?1,650-1,700 per tonne, with suppliers reporting several sales of standard-grade material for prompt delivery already done at ?,?1,620 per tonne.One regular trading company said it is not offering any such material below ?,?1,600 ($1,916) per tonne, although the bulk of sources suggest a range between ?,?1,500-1,60...Read More
Gary Shilling is president of A. Gary Shilling & Co., a New Jersey consultancy, a Registered Investment Advisor and author of "The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation." Some portfolios he manages invest in currencies and commodities.Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
Abby Martin explores what's missing from coverage of Biden's announcement of the Afghanistan withdrawal. Read More
The most significant Trump-era alliance is between corporate outlets and security state agencies, whose evidence-free claims they unquestioningly disseminate.Continue...Read More
Last week we noted that Gold and gold stocks had made a short-term bottom. Continue...Read More
12-14 months ago we were told by food "experts" and deflationistas that food prices would only be up temporarily for a few months and would return to normal levels. Prices Rising Faster Than Expected https://www.ntd.com/prices-rising-fas...?EUR
For anyone who needs an update on how World War I began, just read the headlines of today and change the names slightly. No one country actually started that war. The rulers of all of them did stupid things, one after another and all of a sudden the world was in flames. The same silly shit is happening today.Continue...Read More
"We are well-hedged in '21, but there's pressure built up for '22, and so there will have to be some price increases," CEO James Continue...Read More
When they aren't arresting Pastors and harassing and ticketing 85 yr old church ladies they are beating the sh*t out of frail and elderly men.Continue...Read More
It was announced Thursday that Russia will close off the Kerch Strait to all foreign warships for six months amid rising Ukraine tensions, and after the US threatened to send additional warships Continue...Read More
Last week President Biden announced a "full" US withdrawal from Afghanistan - the longest war in US history - by the 20th anniversary of the 9/11 attack on the United States. While this announcement is to be welcomed, the delayed US withdrawal may result in Americans and Afghans dying needlessly for good PR optics back home. We all remember how many Americans died after President Bush's "Mission A...Read More
Hugo Salinas Price is a Mexican business magnate, investor, and philanthropist. He is the founder of Mexico's Elektra retail chain. The current head of Elektra is his son Ricardo Salinas Pliego. Hugo Salinas Price currently is retired from retailing and focuses on being a proponent of a sound financial policy for Mexico. Salinas Price is President, Mexican Civic Association Pro Silver, A.C.Read More
The world's biggest gold consumer, China, has given domestic and international banks permission to import large amountsContinue...Read More
Royalty & streaming company Empress Royalty's three strategic partnerships give it access to precious metal projects in different parts of the world. Empress Royalty Corp. (EMPR:TSX; EMPYF:OTCQB) is a royalty & streaming company with a portfolio of 15 gold and silver investments in Mexico, Mozambique and Canada.What is a royalty & streaming company, and why are these wealth-creation instruments g...Read More
Rick Mills of Ahead of the Herd profiles Magna Gold and explains why he believes it is on the verge of leading the next line of mid-tier precious metals producers in Mexico. In the mining industry, location is often the key determinant of a project's success.For precious metals, although gold and silver can be mined in various regions of the world, few could match the steady production and explor...Read More
In conversation with Maurice Jackson of Proven and Probable, Dr. John-Mark Staude, the CEO of Riverside Resources, discusses the latest news out of its Cecilia Project in Sonora. Maurice Jackson: Joining us for a conversation is Dr. John-Mark Staude, the CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). It's always a pleasure to speak with you, sir. Riverside Resources has some updates fo...Read More
Liberty Steel's management has promised Ostrava steelworks in Czech Republic will retain its carbon emissions allowances, addressing trade union's fears they will be lent to another mill, Fastmarkets has learned. On Wednesday April 14, OS KOVO trade union warned of a readiness to strike at Liberty's Ostrava plant amid concerns stemming from market chatter and international media that implied...Read More
Gold had a good day yesterday, but asit hits the $1,770 resistance line, it will be anything but easy for the yellowmetal. The real test has begun.And so, it happened. Gold moved right toits target level that seemed to be the max that it could reach, but that didn’tseem to be the most likely outcome. Just because it wasn’t the most likelyoutcome, doesn’t make it impossible. The &...Read More