Mexican scrap prices were stable or higher last week as low availability for some grades led to exceptional deals at increased prices, according to sources.Market participants reported that some scrap buyers had planned a 200 pesos ($8) price cut for last week, but by the end of the week such changes were not applied."In the whole month of April, buyers announced price cuts of around 1,000 pesos,...Read More

By Craig HemkeOne might think that the current madness combined with QE?^? from the global central banks would lead to surging speculator interest in owning and trading COMEX precious metals futures. But the opposite is true. How weird is that?These are odd times in the global precious metals markets. Across COMEX and LBMA, all sorts of strange occurrences have been taking place. From the COMEX...Read More

COLORADO SPRINGS, CO, May 05, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") reported consolidated production results for the first quarter ended March 31, 2020 of 10,142 ounces of gold and 407,625 ounces of silver. In addition to precious metals, the Company produced base metals resulting in net revenue of $28 million and...Read More

Graceland Updates By Stewart Thomson 1. Please click here now. Switzerland loves bunkers and Switzerland loves gold.2. The simple difference between the Swiss government and the US government is that the Swiss government loves to prepare its citizens for hardship, and America's government leaves its citizens totally unprepared for hardship, while engaging in relentless debt-funde...Read More

Sector expert Michael Ballanger reflects on how Rodney Dangerfield's famous one-liner applies to today's gold market.Rodney Dangerfield Wikimedia CommonsIn March 1967, for most of the adult population in North America, the most popular comedians were almost all television series personalities, such as Carol Burnett, Buddy Ebsen and Dick Van Dyke. These stars were the softcore comics enjoyed by t...Read More

Steve St. Angelo, SRSrocco Report With North Dakota Bakken oil production down more than 30%, the death of the mighty shale region has begun. There is no way for the companies producing shale oil in the Bakken to recover from this global contagion overnight collapse. Yes, it virtually happened overnight. Since March 1st, the Bakken has seen at least 400,000 barrels per day of production s...Read More

By: Ira EpsteinGold's action is not bad! You can see the short-term daily chart show the downtrend in the short-term, to break out of the pattern, gold would need to get over $1737:Read More

There will be a sell off if gold and silver fall today. Crude oil is bullish. There will be renewed short term hot money in crude oil (long positions) if crude oil rises till Thursday. Gold is somehow managing to float over $1700. Corrections up to $1650 will be a part of the bullish trend. Short term bearish trend will be there only if gold falls below $1650. Day traders and jobbers need to rem...Read More

The Turkish deep-sea scrap import markets remained quiet with the mills seeking lower prices amid weak finished steel markets, sources said on Tuesday May 5.The most recent cargo deal was recorded on Friday May 1 when a steel mill in the Iskenderun region booked a European cargo comprising 17,000 tonnes of HMS 1&2 (80:20) at $236 per tonne cfr and 7,000 tonnes of bonus at $246 per tonne cfr, sendi...Read More

Some of the prices for steel billet and rebar in the United Arab Emirates decreased over the past week, with demand weak because of the Islamic holy month of Ramadan, as well as the Covid-19 pandemic, market sources said on Tuesday May 5.Authorities in the United Arab Emirates announced a curfew from 10pm until 6am local time for the Ramadan period, which started on April 23.Market participants in...Read More

Well, it seems we are closer to solving the mystery of why some regions of the world exhibit higher covid-19 mortality infection and mortality rates than others. New research is revealing that covid-19 mutated early on in the pandemic to create a more transmissive strain: the G clade, which may also be associated with a higher viral load. The G clade was dominant in Italy, which suggests that's wh...Read More

John Rubino of Dollar Collapse explains how the Fed's recent actions will affect everything from bankrupt cities to Airbnb. John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodoll...Read More

Is the downturn over? Hardly! Harry gives his view of where we are in the cycle, and discusses the economic impacts of retail closings and unemploymentHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical...Read More

What has been going on with precious metals prices for the past decade? Much of the price is still dictated by the large traders on the Comex. Price discovery can only take place in a free market with equal representation of both the buy and sell side. What's actually happening is that a hand-full of paper derivatives traders control the price and control the markets. This is a case of the tail wa...Read More

Time Stamp References:0:30 - The starting of GoldCore.4:26 - Bail-ins and bail-outs.5:50 - Bank account guarantees.7:00 - Why countries may inflate.8:40 - Their focus is on bullion.12:30 - Jurisdictional risks.22:00 - Silver outlook.26:45 - Systemic risks and debt reset.29:45 - Stay optimistic we will get thru this.Tom welcomes a new guest to the show Mark O'Byrne who is Research Director and foun...Read More

Picking up on our last video about the Newsweek report that the US has been funding bat coronavirus 'gain of function' research at the Wuhan Institute of Virology, we dig further into the "Was covid-19 created in a lab?" debate. Digging into the biochemistry of viruses, we are struck in particular by a genetic string of RNA in covid-19 - specifically the polybasic furin cleavage site PRRA - that h...Read More

Governments and central banks are throwing all the money they can into financial markets to support a flaying global economy rocked to its core from the COVID-19 pandemic.Although the world could see the worst downturn since the Great Depression of the 1930s, Axel Merk, chief investment officer and president of Merk Investments, warned investors: "there will be no free lunch."Merk said that he lik...Read More

Imagine you're on a ship that has struck an iceberg, and you know it's going down. You quickly grab the life vests for you and your family. You rush to the deck to go to the lifeboats, but there you encounter some authority...that is actively taking life vests away from one group of people by force, and giving them to another group of people, and leading them to the lifeboats - deciding who will l...Read More

The FED has opened both doors to the flood gates of irrevocable debt. Record levels of money printing are silently destroying the US dollar. Over 30M jobs have been lost, and the Economic rebound potential is being destroyed day by day. Today I'll uncover the truth behind the headlines, so you can make intelligent decisions around protecting yourself, your families, and your wealth...coming up.Lyn...Read More

Professor Neil Ferguson - whose dire coronavirus predictions prompted worldwide lockdown measures still in place - broke his own advice on the need for strict social distancing to hook up with his married lover, according to the Telegraph.Continue...Read More