The Bank for International Settlements has published its June statement of account, which gives some information on its use of gold swaps and other gold-related derivatives in the month:https://www.bis.org/banking/balsheet/statofacc180630.pdfThe information provided in the BIS monthly statements is not sufficient to calculate a precise amount of gold-related derivatives, including swaps, but it...Read More

By Clint SiegnerPrecious metals investors have learned a difficult truth in recent years. The best way to control a market is to put Wall Street in charge of it.Gold and silver futures were created in the 1970s with the admitted purpose of "increasing volatility" in the markets and discouraging the ownership of physical bullion. It is a lesson that participants in other markets would do well to...Read More

By Dave KranzlerEvery month Government, corporate and household debt hits a new all-time high. The entire financial system is heading down an unsustainable path of debt issuance. The delinquency rate for auto and credit card debt is already at levels last seen in late 2008. The only reason the banks are not on the ropes - yet - is because they are still sitting on most of the liquidity the Fed i...Read More

Aiming to make money on gold price's decline is always controversial. The long-term fundamentals remain favorable and gold and silver are likely to exceed their previous highs in the coming years. True, but that doesn't mean that both metals can't move even lower in the next several weeks or even months. Different factors govern more short-term-oriented trades as markets are emotional, not logic...Read More

By Keith WeinerIn part I the Great Reset, we said that a reset is a terrible thing. The closest example is the fall of Rome in 476AD, in which more than 90% of the population of the city fled or died. No one should wish for this to happen, but we are unfortunate to live under a failing monetary system. Debt is growing exponentially. A way must be found to transition to the use of gold. We covere...Read More

- Trump, Russia and Brexit and resulting impact on gold and silver coin and bar demand- Global demand for gold and silver is mixed but overall sentiment is poor and depressed- U.S. bullion demand fell, UK demand lackluster despite Brexit, German demand is strong- Which nations are buying gold? China, Russia & Asian nations have cultural affinity- "Classic currency debasement" is ongoing and gol...Read More

COLORADO SPRINGS, July 16, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") reports preliminary production results for the second quarter ended June 30, 2018 of 5,806 ounces of gold, 593,955 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and N...Read More

COLORADO SPRINGS, Colo., July 16, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced phase two drill highlights from its Mina Gold exploration property located in Mineral County, Nevada. Mina Gold near surface high-grade gold intercepts include 15.24 meters of 3.34 grams per tonne (g/t) gold from surface and 12.19 meters of 2.98 g/t gold fro...Read More

China's crude steel and finished steel output both increased on year-on-year basis in the first six months of 2018 amid healthy profits. ...Read More

Getting lithium from brine is not a new concept. This idea has been proposed since the discovery of oilfields near Valleyview in Alberta which have such a high wastewater to oil ratio that treatment can run up to half of the cost of a barrel of oil. However, much like any other technology such as driveless vehicles, artifical intelligence or reusable rockets, the challenge is in the execution, no...Read More

With cannabis becoming legal in a majority of the United States of America, a number of new issues have arisen. Some of these issues rely on the creation of novel technologies for a solution.When it comes to payments, cryptocurrencies like DASH fit the bill quite well. We covered this last week.But there's another issue that's even more important when it comes to legal cannabis - testing for micr...Read More

The export market for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States was frozen because buyers - mostly in Turkey, which is the largest outlet market - preferred to postpone their bookings....Read More

Venezuela, formerly the world's largest hot-briquetted iron (HBI) exporter, currently has only limited volumes available for export due to a lack of pellets and continuing technical problems, sources said this week.Orinoco Iron is one of two HBI producers operating in Venezuela at the moment.The company is able to continue producing HBI because it manufactures uses iron ore fin...Read More

Pressured by ongoing trade tensions, base metals on the London Metal Exchange ended mostly lower at the close of trading on Monday July 16, with aluminium the only metal to trade in positive territory. ...Read More

Higher producer sales prices for 37% manganese ore have moved the low-grade market ahead of high grade in Metal Bulletin's pricing session in the week ended Friday July 13. ...Read More

The latest metal markets news and price moves to start the North American day on Monday July 16....Read More

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday July 16. With the exception of nickel and aluminum, base metals prices on the Shanghai Futures Exchange staged a modest recovery during Asian morning trading on Monday, with the market continuing to adjust to trade tensions between China and the United States. Check Metal Bulletin's liv...Read More

Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSS"We are in uncharted waters. Probably the best fundamental time to be in the metals, and no one cares." ~ David Morgan tells Silver Doctors...David Morgan of The Morgan Report interviewed by Silver Doctors1.5 billion ounces of silver demand is projected through 2030 in the green energy industry. Davi...Read More

Base metal market volatility is here for the long haul, according to a fund that has banked profits from the violent sanction-led price swings that have characterized market movements in the first half of 2018. The Raptor Commodities fund, launched by Arion Investment Management in October 2017, has locked in returns of 6.98% since its inception, the company told Metal Bulletin in a recent intervi...Read More

Pressured by ongoing trade tensions, base metals on the London Metal Exchange ended mostly lower at the close of trading on Monday July 16, with aluminium the only metal to trade in positive territory. ...Read More