The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR? Impressive advances in ore and alloy prices persisted in March, with most markets posting significant price gains. Strengthening demand from steelmakers along with supply shortages and depleted inventories in numerous markets, as well as freight and transportation...Read More
Inner Mongolia, China's ferro-chrome production heartland, has imposed restrictions on its metallurgical sector in a move that has fueled the high-carbon ferro-chrome markets in China and Europe, and although this may ease off, the gains were unlikely to be lost while alloy ramp-ups continue, sources have told Fastmarkets.The decision to restrict energy consumption in Inner Mongolia since December...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR?In a strong start to the year, January saw ore and alloy pricing gains across all markets priced by Fastmarkets - with the exception of Chinese silicon metal export prices, which retreated slightly last month after posting impressive gains in December 2020.The combination...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Fastmarkets analysts were invited to present our outlook for the coking coal market at Coaltrans Asia, held online on November 23-25. One of the key topics at the event was the trade tensions between China and Australia, which overtook Mongolia to become the largest coking coal exporter to China this year...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.In the iron ore market, supply issues including heavy rains at the start of the year, followed by staffing problems during the Covid-19 pandemic, have affected exports from Brazil. This has helped Australia gain a larger market share, but since June, Brazilian export volumes have returned to levels last seen before the...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Chinese blast furnace (BF) utilization rates have stagnated and iron ore port stock volumes are rising, reaching their highest levels since March, which suggests that iron ore supply is becoming excessive while demand is not growing. Unsurprisingly, prices dropped last week and we expect the trend to continue. The market has...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
If we can't stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking.Continue...Read More
Continue...Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Despite Vice President Mike Pence declaring that "Fatalities are declining all across the country," some scientists are concerned that the fatality rate will drastically increase in the coming weeks. Continue...Read More
"We thought this was only a respiratory virus. Turns out, it goes after the pancreas. It goes after the heart. It goes after the liver, the brain, the kidney and other organs. Continue...Read More
Chinese officials expressed "strong dissatisfaction" with U.S. sanctions over a new national security bill on Hong Kong, warning the U.S. not to cross "red lines" nor meddle in what China considersContinue...Read More
The $10 Federal Reserve Note today would only buy a little more than a half-ounce of silver. However, back in 1934, a $10 Silver Certificate Continue...Read More
Gold surged on Mondayafter a spike in coronavirus cases worldwide dashed hopes of a quick economicrecovery. Within 24-hours the number of infections globally rose 183,020, a newrecord, the World Health Organization reported, Reuters said the US saw a25% increase in new COVID-19 cases over the week ending June 21st. Spot prices tradedsharply higher, reaching a five-week high, before closing a...Read More
The current phase of the gold bull market, which started lastyear, is – we believe – the third and final wave of the secular bull run tracking back to 2001. It's going to create a tidal bore of immense size and power. Awave that those who hold the metal (and silver) can ride asinsurance against state-sponsored value-destruction of a country's currency,and as real money that cannot and...Read More
Crude oil moved above the previous highs and at the moment of writingthese words, it’s testing the upper border of the March price gap. And giventhe fundamental news that are reaching (and likely to reach) the market – the increasingCovid-19 cases in the U.S. and globally – it seems that black gold might nothave enough strength to keep pushing higher. The upper border of the Marc...Read More
With the gold price refusing to be knocked down below the $1,700/oz. level, it finished the weak above $1,750 [spot] and looks to be building a base, readying for its next leg higher. With continued monetary and fiscal malfeasance, showing no signs of abating anytime soon, it Is only a matter of time until new all-time highs in gold are reached. This will bode very well for the mining stocks. Th...Read More
MMX President Stefan Gleason: Why You Need REAL MONEY Like Never Before and How to Avoid One HUGE Mistake... Don't want to listen? Read the podcast below!Stefan Gleason, Money Metals ExchangeWelcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up we'll hear an interview with Money Metals president Stefan Gleason, who was a featured guest during the recent 360 Gold Summit. Stefan...Read More
Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic...Read More