What hypocrites. The whole lot of them.Read More
The long-awaiting day has finally arrived. After five long years, silver has finally reached its previous Continue...Read More
Precious metals are surging higher Tuesday, with both gold and silver hitting multi-year highs Continue...Read More
The price for steel billet imported into the United Arab Emirates has increased over the past week, with demand soft ahead of the Eid Al-Adha religious holiday, market sources said on Tuesday July 21.Eid Al-Adha was expected to be celebrated at the end of July, curtailing the demand in the country.The country's biggest producer, Emirates Steel, kept its rebar price unchanged at 1,773 dirhams ($483...Read More
A wealthy St. Louis couple who made headlines last month for displaying firearms in front of their home as a group of BLM activists marched towards the Mayor's Continue...Read More
"Dr. Fauci has been a true champion for our country during the Covid-19 pandemic and throughout his distinguished career, so it is only fitting that we honor him as we kick off theContinue...Read More
James Kwantes of Resource Opportunities profiles a company with a project in Quebec's Abitibi Greenstone Belt. Chevrier Drill RigGenesis Metals Corp. (GIS:TSX.V; GGISF:OTC) is building ounces and grade at its Chevrier project in Quebec's Abitibi Greenstone Belt, as Phase 1 drill results outline growing zones of higher-grade material within the existing Main Zone deposit. The drill results are ch...Read More
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment. Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's a...Read More
Bob Moriarty discusses the company's off-the-charts drill results at its Nevada silver project. Blackrock Gold Corp. (BRC:TSX.V; BKRRF:OTCMKTS) announced the first drill results from their latest program at their 100% controlled Tonopah West silver project in Nevada.Hole TW20-001 showed two massive silver intercepts. The highest grade was the 2,198 g/t Ag over 3.04 meters.Another layer that was t...Read More
Group Ten Metals announced it has closed a CA$4.5 million private placement financing and is now launching phase two of its exploration program at the Stillwater West PGE-Ni-Cu-Co project in Montana. In a news release,Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) reported that it has closed its previously announced CA$4.5 million financing, subject to the final approval of the TSX Vent...Read More
The European spot ferro-silicon market, which has been falling since March, appears to have found a floor due to near-term supply worries with production cuts and reduced export offers into Europe supporting offer prices, trade sources told Fastmarkets.The market, currently at a price last achieved in March 2016, plunged after consumers in the steel sector brought the cost of the feedstock down ag...Read More
Mark O'Byrne, GoldCoreDelighted to have been asked to speak on the Market Musings Podcast recently. Just click on the play button below to listen."Market Musings welcome the founder and research director Mark O'Byrne from GoldCore. When it come to gold and silver Mark is your man. He explains how gold has a tried and tested performance as a store of wealth over centuries, and why he thinks every...Read More
Ira EpsteinCentral Banks coming out this week and next week with policy meetings. The weekly gold chart makes another new high. Gold bias is up, trend is up, resistance remains the upper Bollinger band around $1831:Read More
Only covid vaccine hopes has resulted in global stock markets rising. Silver has to trade over $2020 today to rise quickly. Gold is rising from factors such as US imposing ban on certain Chinese companies due to its treatment of Muslim minorities and US presidential election drama. UK Pound should rise after Bank of England governor said that UK has recovered half of its output lost in March-Apr...Read More
The German government has revealed its steel action plan, with a focus on achieving its climate goals through "green" steelmaking as it strives to support the steel industry post-pandemic. The "Steel Action Concept - For a Strong Steel Industry in Germany and Europe" was developed by the Federal Ministry for Economic Affairs and Energy and hopes to send a strong signal for climate-friendly steel m...Read More
You may have heard that gold typically rallies seasonally from themiddle of the year. This trend is driven by jewelry demand, which increasesahead of the Christmas business, the Indian wedding season and the Chinese NewYear celebrations on the back of advance purchases by jewelers, which tend to putupward pressure on prices. But what about the seasonal trend in gold stocks? Since the earnings ofgo...Read More
Gold and silver markets advanced early thisweek, with silver leading the way. OnThursday, the metals sold off a bit as the U.S. dollar gained.The major trend for the dollar, however, isdown. The Dollar Index has been grinding lower since mid March, when it put ina spike high. Silver finally broke through $19 level with astrong close above it on Monday. Therehasn’t yet been...Read More
It’s official now! On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research stated that economic activity in the United States had peaked in February 2020 (and in Q4 2019, when it comes to the peak in quarterly economic activity), marking the start of a recession. The peak also designates the end of the expansion that began in June 2009 and lasted 128 months...Read More
The German government has revealed its steel action plan, with a focus on achieving its climate goals through "green" steelmaking as it strives to support the steel industry post-pandemic. The "Steel Action Concept - For a Strong Steel Industry in Germany and Europe" was developed by the Federal Ministry for Economic Affairs and Energy and hopes to send a strong signal for climate-friendly steel m...Read More
Summerdoldrums? Not for precious metals markets!Inearly July, gold and silver eachbroke out to fresh multi-year highs. The yellow metal is within strikingdistance of new all-time highs and the headline worthy figure of $2,000/oz.Thewhite metal, meanwhile, has a lot of catching up to do. And as it does, thegains in percentage terms could be explosive.Silver has already packed on 60% since its March...Read More