The physical iron ore markets were largely inactive on Wednesday September 25 because of a key industry conference in China and the current restrictions on that country's steelmakers.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.34 per tonne, down by $0.49 per tonne62% Fe Pilbara Blend fines, cfr Qingdao: $90.73 per tonne, down by $0.49 per tonne.62% Fe low-alumina fines, cfr Qingdao:...Read More

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More

Financial and precious metals expert Egon von Greyerz (EvG) says the signs abound that we are nearing the end of this global fiat money experiment while central bankers are befuddled.Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers...Read More

Debt keeps on increasing at increasing rates. That should be good news for the repo market. And yet, Fed's Repo man is in a quandary. How could chaos reign in a stodgy market that's been around since 1917. The premise is simple. Buy securities to loosen liquidity. Sell securities to tighten liquidity. But Houston, we have a problem. This market broke down and no one has really explained why. That'...Read More

Some in the mainstream western media are lamenting why US President Donald Trump is dragging its feet to march off to another open-ended military conflict in the MiddleContinue...Read More

Charles Nenner has been calling for higher gold/precious metals prices for a while now. The market has finally caught up with his forecast. Gold will start rising again next year and eventually hit the $2500 mark. Look for a much more volatile VIX index, lower energy and food prices and a hastening of the deflationary trend. Strong dollar, low rates and higher bond prices. It's going to get intere...Read More

Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even went as far as to say that "its precious metals trading desk was a criminal enterprise operating inside the bank".Of course for those who have been following Ted Butler's research in recent years, the news hardly comes as a surprise. Although it does certainly add a new volatile el...Read More

I mean what I say that the central banks are TRAPPED!!!!! People have NO IDEA what we face. The system is unraveling but not even those in government have understood how it Continue...Read More

Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the universi...Read More

"Deutsche Bank has comprehensively examined the facts of the matter and has voluntarily provided the requested documents as far as possible," the bank said in a statement.Continue...Read More

"Wow. Impeachment over this?" Sen. Lindsey O. Graham (R-S.C.) said Wednesday. "What a nothing (non-quid pro quo) burger."Continue...Read More

House Speaker Nancy Pelosi (D-CA) said that "the release of the notes of the call by the White House confirms that the President engaged in behavior that undermines the integrity Continue...Read More

Gold began selling off mightily after Trump released the transcript of his conversation with the Ukrainian politician. Continue...Read More

Two Venezuelans have been charged with smuggling $5 million worth of gold bars inside the nose of an airplaneContinue...Read More

Iranian export prices for steel billet and slab have been mostly stable in the week to Wednesday September 25, with some deals heard for billet, sources told Fastmarkets on Wednesday.Iranian producers were offering billet at $350-360 per tonne fob, and deals totalling 200,000 tonnes were heard to China at $385-395 per tonne cfr. This price would be equivalent to $345-355 per tonne fob.A further...Read More

Eastern China's rebar prices retreated on Wednesday September 25, which went on to stimulate trading activity. Domestic Eastern China (Shanghai): 3,680-3,700 yuan ($517-520) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, unchangedSellers in eastern China lowered their prices after two days of increases, which led some end users in the region to raise thei...Read More

The mineralization there represents ounces that could be added to the existing resources. OceanaGold Corp. (OGC:TSX; OGC:ASX) announced in a news release that additional drilling at the Martha underground project at the Waihi gold mine in New Zealand significantly expanded the size of the exploration target, which represents mineralization that could be added to the existing resources. As such, t...Read More

The change went into effect today. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC; GTBDF:OTCQX) upgraded its listing to the OTCQX Best Market from the OTCQB Venture Market and began trading there today under the symbol GTBDF, it was announced in a news release."Great Bear Resources joins more than 26 companies that have utilized the OTCQB Venture Market to build their company's visibility and gr...Read More

Bob Moriarty of 321 Gold explains why he's a fan of this company's exploration efforts. Source: Blackrock GoldI finished my latest book in January. It took another month to get the layout and a cover made just right for it. Since that time about ten thousand people have bought the book or downloaded the Kindle version for free. It is one of the highest rated books I have ever seen on Amazon and I...Read More

In a report, iA Securities explains the deal and makes a recommendation to the shareholders of the seller. In a Sept. 23 research note, iA Securities analyst George Topping reported that Barkerville Gold Mines Ltd. (BGM:TSX.V) agreed to sell to Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) the remaining Barkerville shares Osisko does not already own, for CA$338 million, or CA$0.58 per share fully...Read More