Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) forecasts a rise in special steel long product demand and prices in 2018, the company said after reporting successful results for 2017.Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) forecasts demand and price growth for special steel long products in 2018, the company said after reporting successful result...Read More

The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities h...Read More

If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today: On the bull market's ninth birthday, here's how it stacks up against historyo The Dow has quadrupled during the bull market, which turned 9 on Friday.o This is the biggest and longest bull market for the Dow post-WWII, according to Leuthold Group.The bullish...Read More

As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind.Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition.The paint is barely dry on Trump's first tranche of tax cuts, and he's already talking about round two!Tr...Read More

The economic data is now beginning to reveal what the bond market has been screaming for weeks: namely that INFLATION. HAS. ARRIVED.In the last 24 hours we've seen:Core inflation rose 2.2% year over year for the month of February.Media one-year inflation expectations rose to 2.83% from 2.71%Wage data rose at an annualized pace of 3% over the last three months.The markets have already taken note, w...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transactions: rebarRebar Turkey, export, rebar, offered at $615-620 per tonne cfr on theoretical weight basis, to...Read More

 CloseGain/LossGold $1325.80+$2.10Silver$16.57+$0.02XAU79.70+0.04%HUI174.25-0.09%GDM606.84-0.03%JSE Gold1090.13-15.81USD89.74-0.14Euro123.90+0.48Yen93.88-0.18Oil$60.71-$0.6510-Year2.847%-0.020T-Bond145.15625+0.40625Dow25007.03-0.68%Nasdaq7511.01-1.02%S&P2765.31-0.64%  The Metals: Gold fell $6.60 to $1317.10 in Asia before it jumped up to $1327.50 in early New York trade and...Read More

By Frank HolmesFriday marked the ninth anniversary of the stock bull market, the second longest since World War II following the spectacular run in the 1990s that finally met its match when the tech bubble burst in March 2000. The current expansion, which some consider the "most hated bull market in history," has largely been fueled by extraordinarily accommodative monetary policy in the form of...Read More

 CloseGain/LossGold $1325.80+$2.10Silver$16.57+$0.02XAU79.70+0.04%HUI174.25-0.09%GDM606.84-0.03%JSE Gold1090.13-15.81USD89.74-0.14Euro123.90+0.48Yen93.88-0.18Oil$60.71-$0.6510-Year2.847%-0.020T-Bond145.15625+0.40625Dow25007.03-0.68%Nasdaq7511.01-1.02%S&P2765.31-0.64%  The Metals: Gold fell $6.60 to $1317.10 in Asia before it jumped up to $1327.50 in early New York trade and...Read More

For those that follow me regularly, you will know that I have been tracking a set-up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I also believe that GDX can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to...Read More

The economic data is now beginning to reveal what the bond market has been screaming for weeks: namely that INFLATION. HAS. ARRIVED.In the last 24 hours we've seen:Core inflation rose 2.2% year over year for the month of February.Media one-year inflation expectations rose to 2.83% from 2.71%Wage data rose at an annualized pace of 3% over the last three months.The markets have already taken note, w...Read More

March 13th, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce its First Gold Pour at the Moss Mine in NW Arizona, USA, a commitment of up to US$100 Million for Acquisition and Development from its partner Sprott Private Resource Lending LP ("Sprott Lending") and a CAD$2 Million Non-Brokered Expl...Read More

Sampling at Golden Arrow Resources Corp.'s Antofalla silver-gold property in northwest Argentina's Catamarca province. Photo Credit: Golden Arrow Resources Corp. Golden Arrow Resources Corp. (TSXV: GRG) a member of the Grosso Group of companies is placing its precious and base metal exploration assets in Argentina into a new, 100%-owned subsidiary called New Golden Exploration, now that its...Read More

Analysts split on China's demand as gold jewelry tastes change...LEADING ANALYSTS are split over the prospects for China's private gold buying in 2018, as a "healthy outlook" from one consultancy contrasts with a "tough year in store" from another."China's gold demand is likely to have peaked in 2013," says Thomson Reuters GFMS, "and is very unlikely to return to those levels in future, regardless...Read More

UK ferrous scrap prices for monthly deliveries to consumers in March have rebounded, recovering losses from last month, with the prices of almost all grades up by ?30 per tonne amid firm demand, trade sources told Metal Bulletin this week.Only borings bucked the trend, with the price increasing by only ?25 per tonne.Trend-indicating grades in the UK such as HMS 1&2 (old steel) and OA (plate and...Read More

Camino Minerals Corp. ("Camino" or the "Company") (COR: TSX-V) is pleased to report that the 2018 soil sampling program has delineated a new target area along the Diva Structural Trend at its Los Chapitos project ("Chapitos"), located in southern Peru. The soil sampling program tested a six kilometer-long area along the projection of the Diva Structure and centered on the Adriana Zone ("Adriana...Read More

Graceland Updates By Stewart Thomson 1. As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind.2. Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition.3. Please click here now. The paint is ba...Read More

There has been an incredible amount of chatter as to how many times the Federal Reserve is going to raise rates in 2018, and the speed at which it will raise them by. For gold investors, the old question lingers, "What will rising interest rates mean for the price of gold?" The simple viewpoint has been that rising rates are bad for gold because gold is not an interest-bearing asset. Why would you...Read More

The Turkish steel scrap market remained quiet on Tuesday March 13, with the mills in the country holding back from deep-sea scrap purchases since the end of last week.The mills stepped back from the market after the Section 232 tariffs were officially signed in the United States, imposing a 25% import duty on all steel products. The Turkish mills are now watching the market to see what direction i...Read More

- Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England- Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil- Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes- Central bank gold purchases continue to be major drivers of gold market- Russian central bank gold reserves now exceed th...Read More