From the unimaginable lows, crude oil isshaking off the dust. Moving higher, can it rise like a phoenix?Before moving to thetechnical part of today’s analysis, it seems that a quote from yesterday’s OilTrading Alert would be appropriate:Crude oilwas just trading below 0. Well, not completely, but the nearest futurescontract was trading below 0 for the first time ever. In case you misse...Read More

There are times to keep being focused on highertimeframes, yet the finer ones do send valuable signals at times too. Andtoday, every precious metals investor better pay attention to their message.Take a look at the below chartfeaturing the miners. We will compare the juniorminers to what GLD ETF and SPY did. The latter are ETFs representing gold and the S&P 500. Wezoomed in to the 2-hour char...Read More

The recent economic reports show that the current coronavirus crisis will be bigger than the Great Recession. What does it imply for the gold market? US Economic Data Paints a Gloomy PictureThis week was full of new reports about the US economy. And guess what, I don’t have good news… First of all, let’s start with the update about the weekly initial unemployment benefits. In no...Read More

After a long term bear market in most commodity related stocks we are starting to hear analyst talk about inflation. From a Chartology perspective the deflationary scenario is still in play but how much lower can this sector go? In tonights Weekend Report, I’m going to update some long term commodity charts we’ve been following for years to see where they are currently trading in their...Read More

The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, including the Fed, cutting interest rates and pumping liquidity into the system. We invite you thus to read our today’s article about the monetary policy in time of plague and find out what the fresh central banks’ ba...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: 'Sell the rally' mentality here to stayAlthough the London Metal Exchange aluminium price has managed to recover modestly from recent lows, we suspect this is mostly short-covering. The lack of producer restraint, growing exchange inventories, a weak demand outlook and the 7 million tonnes of oversupply forecast f...Read More

Global markets are contracting in the face of the Covid-19 pandemic, and the prices for flat steel products continue to retreat, with prices for coated steels down by a further 5% since late March in most of the markets that Fastmarkets tracks.The latest edition of Fastmarkets' Galvanized Steel and Tinplate Market Tracker, for April 2020, is now available to view.Further price falls are almost cer...Read More

Ferro-alloys prices have generally retreated over the past month, with demand concerns gaining in prominence.The latest forecasts from Fastmarkets' team of analysts are ready to view.Ferro-alloy pricing trends have generally diverged ove the past month, depending on the security of the supply-side position of the market. With most supply concerns fading with the resumption of industrial activity i...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.The first quarter continued the trend of 2019 - for China to actively import relatively cheap metallics and semi-finished steel - but can this be sustained? The answer to this question will come down to the price competitiveness of the products, we believe. One additional incentive to continue to import metallics this year -...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.The recent decline in Chinese scrap prices - to their lowest in a couple of years - even as demand rises, suggests that Chinese scrap supply is increasingly sufficient. In terms of scrap demand, the question is more about price attractiveness. Mini-mills were reducing demand in February, largely because steel margins on scra...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices have fared relatively well over the past couple of months in the face of the threat from the Covid-19 pandemic.In grade-304 material, the most common grade of stainless steel, prices were down by about 5-7% since the turn of the year - not bad, when compared with the falls in prices of other assets so f...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More

"$SAIL - SailPoint Technologies Holdings, Inc. (SAIL) CEO Mark McClain on Q1 2020 Results - Earnings Call Transcript. https://t.co/HZXgYMBAvP #stocks #investing #stockmarket"Read full newsRead More

"With vein grades as high as 2,050 oz/ton (>70,000 g/t), #CastleEast falls within a much broader and productive horizon associated with a 300-m thick #Silver -rich sill ??"^??"???'?#CanadaCobaltWorks #Gowganda #MomentumStocks #Silvermine #Drillinghttps://t.co/rg11fqsfR3"Read full newsRead More

"In a #WorldGoldForum keynote, Ronald-Peter Stoeferle of @IGWTreport also discussed #silver, saying,Read full newsRead More

In May, the stock market is on the upswing. Driven by aggressive monetary policy, investors have been piling back into equities. For investors who held on through the March stock market crash, it’s been a welcome development. Some, however, are saying it won’t last.In April, billionaire Paul Singer said in a letter to investors that he expected a 50% decline in stocks. Prior to this, h...Read More

Saracen Minerals' Carosue Dam project in Western Australia. (Image courtesy if Saracen Minerals). Australia-focused market analyst Resources Monitor issued a short report stating that the island country is bound to overtake China in 2021 as the world's largest gold producer.According to Resources Monitor, Australia's role as a cost-effective producer is giving it the advantage it needs to take th...Read More

Diavik diamond mine in Canada's Northwest Territories. (Image courtesy of Rio Tinto). Rio Tinto (ASX, LON, NYSE: RIO) announced this weekend that it is introducing covid-19 testing at its Diavik diamond mine in Canada.Although most miners at this point, including Rio Tinto itself, have implemented protocols to avoid the spread of the disease at their mine sites, in this particular case the measur...Read More

Aintech personnel spraying Aircop, copper-enhanced quaternary ammonium, at the headquarters of Chile's Ministry of Mines. (Image from Baldo Prokurica's Twitter profile). Chile's Mining Minister Baldo Prokurica ordered that the building that houses his office be disinfected using quaternary ammonium enhanced with copper nanoparticles. This, in an effort to avoid the spread of covid-19. Both on hi...Read More