Democrats Have SURRENDERED In Portland, Agree To Demands From DHS And Trump, Abandon Antifa Leftists. While Democrats are framing it as a victory this is actually a conditional surrender. Perhaps due to the far leftists making Democrats look bad and helping Trump they have agreed to the demands of the DHS and Trump to bolster local law enforcement and protect federal building. Oregon will deploy S...Read More

The pace of infections has accelerated since the U.S. passed 100,000 dead on May 27.Continue...Read More

For the gold:silver to return near 15:1, monetary demand for silver must return, as money is Continue...Read More

What is really significant is how quickly it went through the previous high as well as $1,800 with relative ease Continue...Read More

Turkish steel mills resumed their deep-sea scrap purchases with prices edging up, sources said on Wednesday July 29.A steel mill in the Iskenderun region booked a European cargo, comprising 18,000 tonnes of HMS 1&2 (80:20) at $273 per tonne and 9,000 tonnes of bonus scrap at $283 per tonne cfr.Another steel mill in the Izmir region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $275 per...Read More

Export prices for steel billet from the Commonwealth of Independent States continued to climb over the week ended Wednesday July 29, with offers from mills being limited by the ending of the month.The CIS export prices gained further support from rising import scrap costs in Turkey.The index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $270.82 per tonne...Read More

Iranian export prices for steel billet and slab climbed in the week to Wednesday July 29 with customers accepting increases in a recent round of sales.Fastmarkets' weekly price assessment for steel billet, export, fob ports Iran, was $388-392 per tonne on July 29, against $380-385 per tonne a week earlier.Chadormaly Mining & Industrial was reported to have sold a 30,000-tonne cargo of billet in a...Read More

James Kwantes of Resource Opportunities outlines the investment thesis behind GSP Resource Corp., which is exploring prospects in British Columbia adjacent to the working Highland Valley Copper Mine. Dwight Eisenhower was in the Oval Office and America was still on the gold standard when British Columbia prospector Dick Billingsley first staked mining claims. Then 14, Billingsley pounded in wood...Read More

Troilus Gold triples its gold resource to 8.25 million ounces in two years, and exploration continues. Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) has taken to heart the old adage that the best place to find a mine is beside an existing mine. The Troilus Gold Mine, located in Quebec's Fr?tet-Evans Greenstone Belt and operated by Inmet Mining from 1996 until 2010, produced 2 million ounces of gold a...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 29 that are worth another look.The United States Department of Commerce has launched anti-dumping (AD) and countervailing duty (CVD) investigations - some alleging triple-digit margins - into seamless standard, line and pressure pipe imports from four...Read More

The Technical Secretariat of Anti-Dumping (TSAIP) of the Gulf Co-operation Countries (GCC) has announced its preliminary determination in its steel safeguarding case, the World Trade Organization said on July 23.According to the preliminary results, GCC countries decided that the import of steel products under investigation had increased significantly to the region, which was causing serious harm...Read More

With silver breaking out decisively to the upside, bears are running for cover.We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.”That...Read More

(Denver, Colorado - July 29, 2020) GoldSeek.com is pleased to announce that it will be launching its new website in the coming days. This will be the third major revision to the GoldSeek website over the past 25-years.In the next version of GoldSeek.com, we are excited to announce the following features:Live Gold Prices - streaming live gold prices & charts Mobile Friendly - smartphone &...Read More

Silver has made impressive gains over the past week which resulted from its breaking out at last from the giant Double Bottom base pattern that started to form as far back as 2013, so it's been a long wait for silver investors for this to happen. Over the past week it has done exactly as predicted in the "breakout Souvenir article" posted on the site on the 22nd, running quickly at the strong re...Read More

By Avi GilburtLast week, I put out an article outlining my expectation for a pullback in GLD before we head to the 200+ region. Within the comments section, I outlined my plan as to how I am going to play for a potential pullback. However, that pullback has not yet materialized.For those that have followed me closely for years, you know that I have been heavily long physical metals and mining s...Read More

By: Ira EpsteinGold has spent 6 days in a row over the upper Bollinger band, this is unheard of. I have seen a 7 day before, this is a sign of great strength! Gold has 18DMA at 1836+ area and rising quickly. Silver had an amazing move. I would be very careful, $4-range in one day! I appreciate your bravery, but I just don't have it. I would avoid leverage futures here:Read More

Domestic prices for hot-rolled coil in have increased over the week to Wednesday July 29 in Northern Europe and stood unchanged in the south of Europe, sources told Fastmarkets. Market activity has been gradually declining over the week because the European market is entering the traditionally slow month of August, but the sentiment remains positive. Steelmakers will resume production at higher pr...Read More

Gold and silver are firm before the FOMC. There is expectation that Federal Reserve will reiterate of easy monetary policy for a very long time. Federal Reserve and most central banks will tolerate higher inflation for the rest of the year and next year. This is one of the reason why gold and silver prices are rising. I have been saying for quite a while that global economic growth in the third...Read More

The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Ov...Read More

European domestic cold-rolled coil prices were fairly stable over the week to Wednesday July 29 due to a seasonal demand slowdown, sources told Fastmarkets. Fastmarkets' weekly price assessment for steel cold-rolled coil, domestic, exw Northern Europe was ?,?490-510 ($575-598) per tonne on Wednesday, compared with ?,?485-510 per tonne a week earlier. The assessment reflects "workable" prices...Read More