Three weeks before China admitted that a mysterious virus was circulating in the city of Wuhan, a 61-year-old woman who lived about a mile from several bat research facility was Continue...Read More

Former FDA Commissioner Scott Gottlieb has brought up a very interesting point regarding China's unwillingness to share evidence with western investigators looking into the origins of the COVID-19 pandemic.Continue...Read More

"That virology lab is still up and running. It's still probably conducting the same kinds of research it was conducting that may have well led to this virus escaping from that laboratory."Continue...Read More

Congratulations; we hit $100 trillion this week. That's the cost of keeping Western civilization together.Continue...Read More

Over the next few weeks, gold is set to outperform Bitcoin, said Florian Grummes, managing director of Midas Touch Consulting.The question is how long this outperformance can last? Read More

Peter Krauth, editor of the "Silver Stock Investor" newsletter, explains how he arrives at a price target of $300 per oz, plus his opinions on other areas of the Silver and Gold markets. Peter Krauth's website - https://silverstockinvestor.com/?>>?Read More

Tim Johnson, CEO of Granite Creek Copper, talks with Maurice Jackson of Proven and Probable about his company's project in the Yukon and its aggressive plans to grow the resource. Maurice Jackson: Joining us for conversation is Tim Johnson, the CEO of Granite Creek Copper Ltd. (GCX:TSX.V; GCXXF:OTC). It is always a pleasure to speak with you as you have some important updates for shareholders reg...Read More

China's domestic rebar prices rose sharply on Monday May 31 following strong gains in the billet market over the weekend, but demand decreased in response to the increases.DomesticEastern China (Shanghai): 5,000-5,030 yuan ($785-790) per tonne, up by 170 yuan per tonne A $6-trillion budget for the United States' fiscal year 2022 unveiled by President Joe Biden last Friday led to bullish sentiment...Read More

Energy majors Royal Dutch Shell, Exxon Mobil and Chevron received landmark rebukes - in court or from investors - on Wednesday May 26 in attempts to force the companies into reducing carbon emissions.In a Dutch court, Shell was ordered to reduce carbon dioxide emissions by 45% from 2019 levels, and to do so by 2030 - doubling its current pace.Activist shareholders Engine No1 will hold two seats on...Read More

China's relentless "suggestions" to industry that it wants to see stable commodity prices appear to have suppressed speculative behavior and are beginning to cool bullish market conditions, sources told Fastmarkets on Thursday May 27.Rising commodity prices were highlighted for the third time in 14 days, on Wednesday May 26, during the the weekly executive meeting of China's State Council, le...Read More

Seaborne low- and high-grade manganese ore prices held steady in the week to Friday May 28, with participants in the market awaiting for miners to make offers for July-shipment in the following week. Fastmarkets' manganese ore index 37% Mn, cif Tianjin was unchanged week on week at $4.50 per dry metric tonne unit (dmtu) on May 28.No liquidity was reported to Fastmarkets, while there was concern am...Read More

The seaborne premium hard coking coal price in the cfr market jumped on Monday May 31, with a deal heard done at $275 per tonne cfr China, sources told Fastmarkets. Fastmarkets indicesPremium hard coking coal, fob DBCT: $153.89 per tonne, up $1.09 per tonnePremium hard coking coal, cfr Jingtang: $284.64 per tonne, up $21.19 per tonneHard coking coal, fob DBCT: $129.95 per tonne, unchangedHard coki...Read More

In Part I of this research article, I tried to highlight the major market cycle phases that often drive volatility, uncertainty, and bigger trends in the US/Global markets as well as Precious Metals.  Additionally, my team and I highlighted the technical confluence pattern that has setup as Gold prices have rallied above downward sloping price channels (price Flags) recently.  This confl...Read More

Union workers at BHP's Spence mine in northern Chile have overwhelmingly rejected the latest wage proposal from the company, according to a post on the Spence union's website on Saturday May 29.Some 1,091 workers out a total of 1,126 voted against the latest wage offer from BHP, union management at Spence...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Recent weeks have brought two key developments with regard to trade policy on stainless steel products that will be to the detriment of consumers.In China, the country's stainless steelmakers no longer enjoy a 13% export rebate as of May 1, reducing greatly their incentive to export and instead leading them to focus on supply...Read More

Bill Gates has a theory about green premiums: He wants to eliminate them entirely. The American business magnate and philanthropist calls green premiums the additional cost of choosing a clean technology over one that emits a greater amount of greenhouse gases.In other words, the price that metals and mining companies are starting to charge their customers for producing low-carbon produc...Read More

China's new tax regime for ferrous raw materials and steel exports will kick off a new era for the steel sector, one in which demand and supply will become more balanced and the country cuts its dependency on iron ore at a faster pace. Chinese authorities announced last week that, from May 1, import duties for metallics and semi-finished steel would be removed and that export duties for raw materi...Read More

Proposed changes to the London Metal Exchange's market structure may actually have the opposite effect to its desired intention: destroying liquidity, not increasing it.Attention has been focused on the proposed permanent closure of the LME ring, the incentivization of electronic trade and changes to margin methodology, which were central issues in the exchange's recently closed discussion paper.B...Read More

The seaborne premium hard coking coal price in the cfr market jumped on Monday May 31, with a deal heard done at $275 per tonne cfr China, sources told Fastmarkets. Fastmarkets indicesPremium hard coking coal, fob DBCT: $153.89 per tonne, up $1.09 per tonnePremium hard coking coal, cfr Jingtang: $284.64 per tonne, up $21.19 per tonneHard coking coal, fob DBCT: $129.95 per tonne, unchangedHard coki...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