Topics:Why I interrupted Joe Rogan.Are capitalists mean?Dictionaries changed the definition of inflation.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is...Read More

The CIS export steel billet market had become firmer by the end of the current week with more customers accepting higher prices, spurred by rising raw materials costs globally and continuing positive sentiment in China.A large cargo of Ukrainian billet was reported sold to China at $415 per tonne cfr, equivalent to $370-375 per tonne fob Black Sea.Deals from the Black Sea basin were rare in China...Read More

The Critical Investor examines the latest news from this junior with a flagship copper-zinc project in Portugal, which also includes finalizing a joint venture with MATSA and preparing for the season's drill program. As gold stocks are getting all the attention at the moment, with gold firmly in an upward trend, it seems, one could almost forget the existence of base metal juniors. This is not e...Read More

Bob Moriarty of 321gold discusses a junior that is exploring a past-producing gold mine in Nevada. Alta Gold went bankrupt in April of 1999 due to low gold prices. They had an existing gold producing mine near Ely in Nevada they called the Griffon Mine. Nevada Sunrise picked up the project almost twenty years ago but didn't move it forward. Nevada Sunrise was bought out by Pilot Gold. Pilot chang...Read More

Gold Standard Ventures and its new investor agree to a series of financing transactions valued at US$22 million. Gold Standard Ventures Railroad-PinionIn a news release, Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced a strategic partnership with Orion Mine Finance who has agreed to invest US$22.5 million in the company."We are very pleased to announce our strategic partnership with...Read More

Demand for Japanese steel scrap in key Vietnam import markets continued this week with domestic steelmakers sourcing the raw materials to churn out billet for Chinese buyers, sources said."A lot of spot demand for scrap in Asia is now [coming from] Vietnamese steel mills, which are betting on the Chinese appetite for billet imports to continue," a mill source in Asia told Fastmarkets on Friday Jul...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday July 17.China The domestic market remained stable in the week ended Friday July 17, with limited spot trading, after many suppliers had sold out their cargoes available for this month. A number of smelters restarted their...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Prices hold, pipe buying stalls Seamless prices remained broadly stable in much of the world this month - with the notable exception of falling Japan fob prices, because oil and gas producers have been less inclined to fight for premium products as they cut their capital expenditure - but this was not the result of a balance...Read More

The number of cases of Covid-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800. It’s not easy to terminate the viruses, especially that they are not quite alive. Indeed, the pandemic of the coronavirus is still not over, as the chart below shows. The global number of daily confirmed Covid-19 cases has surpassed 220,0...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort330,20567,77759,596125,909427,927515,710555,300Change from Prior Reporting Period -6,825-1,8955,5667,4856,9116,22610,582Traders22765875666318190 Small Speculators LongShortOpen Interest 64,46524,875580,175 1,173-3,1837,399 non reportable positionsChange from the previous reportin...Read More

Spot gold getting higher than comex gold futures. Silver is still in bullish zone. Covid is spreading in nations which have opened after lockdown. Gold and silver are soft just due to vaccine hopes and nothing else. Rest of the factors are all bullish. Gold investment demand from ETF and others will not fall significantly unless there are other safe options. Federal Reserve meeting on 29th July...Read More

Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism. According to European steel association Eurofer, imports of rebar from outside of EU in January-April 2020 totaled 370,514 tonnes, down by 37% from 589,428 during the corresponding period of 2019. At...Read More

The next few weeks are certain to attract much attention to precious metals.  Hardly anyone can argue that Gold has not experienced an incredible upside price rally over the last 12+ months.  Recently, Gold closed above $1800 for the first time since 2011.  Our researchers believe the next target is $1935.  Keep reading to learn why we believe this is the next major price targe...Read More

Crude steel output in Italy decreased by 7.88% year on year in June due to the decrease in steel demand amid the effects of the Covid-19 lockdown measures, Italian steel association Federacciai said on Friday July 17.The county's crude steel production totaled 1.92 million tonnes in June 2020, down from 2.08 million tonnes in the same months of 2019.The June decrease, however, was less then the re...Read More

Previously, I have shown how  there were virtually no significant Silverrallies over the last 50 years during a period when the US Dollar index hasbeen rising.Betting on a silver rally when the US Dollarindex is in decline makes for great odds. There have been two significantSilver rallies in the last 50 years (marked out with rectangles on the chartbelow). During both of these, the US dollar...Read More

The US economy is nowherenear recovering from the lockdown measures imposed by cities and states duringthe covid-19 pandemic, and that is weighing on the US dollar, which has fallensharply since March. The beneficiary, asexpected, has been gold (and silver), which normally moves in the oppositedirection as the greenback. Year to date, spot gold has risen 16% to $1,811/oz,while the US Dollar I...Read More

A summary of Rio Tinto's second-quarter iron ore production report released on Friday July 17.In brief Output from Pilbara operations in Western Australia increased by 4% year on year and by 7% quarter on quarter.Shipments from the Pilbara rose by 1% year on year and by 19% quarter on quarter despite operational controls made in...Read More

Sometimes when we observe people on the streets, when we see crowded restaurants and pubs, it seems like the pandemic has ended. But is the global epidemic really over? Not at all. Please look at the chart below. As one can see, the daily number of confirmed cases of COVID-19 in the world is still in an upward trend. However, in the developed countries the number of daily new cases has declined a...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort330,20567,77759,596125,909427,927515,710555,300Change from Prior Reporting Period -6,825-1,8955,5667,4856,9116,22610,582Traders22765875666318190 Small Speculators LongShortOpen Interest 64,46524,875580,175 1,173-3,1837,399 non reportable positionsChange from the previous reportin...Read More

Miles Franklin sponsored this article by Gary Christenson. The opinions are his and are not investment advice.Breaking News:? Gold reached $1,800, close to its all-time high of $1,923.? Silver reached $19, a long way from its high of $50.? The NASDAQ hit another new high.? Tesla closed on July 10 at $1,544, a new high. Tesla looked outrageously high at $1,200...Read More