Canada Silver Cobalt Works (TSX-V: CCW) Presenting at the Proactive One2One Virtual Forum 13th May 2021 Canada Silver Cobalt Works, a unique and...Read full newsRead More

Granada Gold Mine Inc. is a Canadian junior mining and exploration company with Gold and Silver properties in Quebec and Ontario. The Company's current...Read full newsRead More

#Inflation soars, yet #silver gets "tamped" down againOn Wednesday #WallStreet posted one of its biggest inflation numbers in history.Although once again the...Read full newsRead More

Kenorland Minerals Ltd. (TSXV: KLD, FSE:3WQ0) has just acquires a district-scale land package, in Ontario's Birch-Uchi Greenstone Belt, in the Red Lake District of Northwestern Ontario. We learned from Zach Flood, President, CEO and Director of Kenorland Minerals, that they are about to wrap up the 9,000-meter drill program, at their Frotet gold JV, with Sumitomo Metal Mining in Northern Quebec th...Read More

Eastern China's Shagang will participate in a mixed ownership reform of central China's Anyang Iron & Steel, and the former is likely to emerge as the controlling shareholder in the latter, according to a notice released by Anyang Steel late on Thursday May 13.The change in shareholding will neither influence the steel production of the two mills - based in the provinces of Jiangsu and Henan...Read More

Gold scored some victories over thepast days, but it’s playing a risky game. One misstep and the yellow metalmight lose the war.Sometimes, a good strategist needs togive up a few battles to eventually win the war. Or, at least, convince theirenemy that they’re defeated while preparing a counterattack. Just the same, achess player may need to sacrifice a piece in order to checkmate a ki...Read More

A summary of German industrial group Thyssenkrupp's results for the second quarter of its current business year 2020-21, covering the period from January 1 to March 31, 2021.In brief Thyssenkrupp's second-quarter results continue to improve after a successful first quarter, with all segments contributing to better earnings. Thyssenkrupp's Steel Europe segment reported significantly improved sales,...Read More

Gold bugs are closely watching what happens with Treasuries. Last year, the gold price hit a record high of $2,034/oz, largely due to the fact that investors were piling into bonds as a safe haven against pandemic-related uncertainty. A descending US dollar and negative real rates (when bond yields minus the inflation rate fall below 0%) were also important antecedents. Over the past several weeks...Read More

We recently completed some interesting research related to one of our newest Custom Indexes – the Commodities to Smart Cash Index (C2SC Heat Index) – weighted by the US Dollar and VIX.  We’ve been reviewing this new index for months watching it to see how it reacts to various trends in Lumber, Gold, Treasury Yields, the Smart Cash Index, and other weighted values.  Rece...Read More

The United Arab Emirates' state-owned General Holding Corporation (Senaat) has offered Arkan Building Materials the opportunity to combine Senaat's subsidiary Emirates Steel with Arkan, Arkan Building Materials said on Sunday May 9.Emirates Steel - based in Abu Dhabi, UAE - is the country's only integrated steel producer and is wholly owned by Senaat, with Arkan's 51% of shares belonging to Senaat...Read More

Let’s start by defining hyperinflation… “Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.”  (source)In addition, hyperin...Read More

The GDX and HUI Index are enjoying ablissful moment. With HUI behaving civilly, will the GDX cling to theunrealistic and try to leap to cloud “ten”?With the GDX ETF punching a hole throughits glass ceiling, the seniorminers are now witnessing an environment that’s beyond their wildestdreams: sunshine, clear skies and a utopia that’s eluded them since thebeginning of the New...Read More

China's new tax regime for ferrous raw materials and steel exports will kick off a new era for the steel sector, one in which demand and supply will become more balanced and the country cuts its dependency on iron ore at a faster pace. Chinese authorities announced last week that, from May 1, import duties for metallics and semi-finished steel would be removed and that export duties for raw materi...Read More

This second part of our research article related to the new Bullish price phase in Precious Metals and Miners will continue to explore the potential range and targets for higher price trends.In the first part of this article, I discussed how precious metals have started moving higher in somewhat of a stealth mode – not really drawing a lot of attention from traders.  While other commodi...Read More

Almost in stealth mode, precious metals have begun to bottom and start a new upside price trend while the US stock market focused on the FOMC meeting a few weeks back and current economic data.  Gold, Silver, and many of the Miner ETFs recently started a moderately strong push higher – almost completely behind the scenes of the hype in the markets regarding IPOs and Bitcoin’s new...Read More

Gold had a good day yesterday, but asit hits the $1,770 resistance line, it will be anything but easy for the yellowmetal. The real test has begun.And so, it happened. Gold moved right toits target level that seemed to be the max that it could reach, but that didn’tseem to be the most likely outcome. Just because it wasn’t the most likelyoutcome, doesn’t make it impossible. The &...Read More

The recent rally in the bond yields pushed gold prices down, but this trend won’t continue forever, as the Fed will likely be forced to step in.In March, we saw a continuation of the rally in bond yields that started in February. As the chart below shows, the 10-year real interest rates have soared from -1.06 on February 10 to -0.66 percent on March 23. What is clear from the chart is the st...Read More

Feel like a victim knowing you are participating in a manipulated market, or jump for joy knowing this provides an edge. The choice is yours...by Korbinian Koller via Midas Touch ConsultingYou can feel like a victim knowing you are participating in a manipulated market, or you can jump of joy knowing this provides an edge for you. The choice is yours. Blaming trading losses on outside circumstance...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:Unprecedentedly high flat steel product pricing in the United States was forecast to persist through the current quarter and well into the second half of 2021.Actual US hot-rolled coil prices in April slightly outpaced our forecasts, with Fastmarkets' US HRC index ave...Read More

The S&P 500 red candle and then some – erased in aday, that‘s what you get with the Fed always having your back. The staircaseclimb certainly looks like continuing without any real breather. Whatever steepascent you compare it to (Jun or early Sep 2020), this one is different in thatit doesn‘t offer but token corrections. Not that it would be reasonable toexpect a steep downs...Read More