MOSCOW (Reuters) - Russia's finance ministry is likely to see a higher inflow of foreign currency in November, but that will have no impact on the currency market for now, a Reuters survey showed on Friday.The finance ministry is expected to receive 481.5 billion roubles ($7.33 billion) worth of foreign currency for its reserves between Nov. 8 and Dec. 6, a poll of eight analysts and economists sh...Read More

Domestic rebar prices in Poland have been largely stable over the past week, with trading activity being slow due to holidays, sources told Fastmarkets on Friday November 2.Fastmarkets' price assessment for domestic 12mm B500B-grade rebar in Poland was 2,360-2,380 zloty ($620-625) per tonne ex-works on November 2, up by 10 zloty per tonne from 2,350-2,370 zloty per tonne ex-works last week.Polish...Read More

GENEVA (Reuters) - Argentina, Costa Rica, Japan and the European Union are supporting a U.S. drive to enforce greater transparency in World Trade Organization notifications, a proposal published by the WTO showed on Friday.The United States, which is pushing for tighter discipline at the WTO, surprised many diplomats last year with an initiative for administrative sanctions on countries that faile...Read More

The latest metal markets news and price moves to start the North American day on Friday November 2. Base metals prices on the London Metal Exchange were all higher during morning trading on Friday November 2, after the largest single-day inflow in LME copper stocks since February 2004.The three-month copper price climbed more than 1.5% to more than $6,200 per tonne after around 47,700 to...Read More

Alloy steel scrap prices followed divergent trajectories this week in Europe and the UK as a result of differing market fundamentals. In Europe, 18/8 scrap solids prices fell amid poor demand, while grade-316 solids prices edged higher because of very tight supplies. In both cased, however, market activity has been very slow and price movements were only marginal. Fastmark...Read More

SAN FRANCISCO (Reuters) - U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is imperiled if voters favor Democrats in next week’s congressional elections.While not fully accurate - stocks tend to rise regardless of who controls the government - it does bear out that the market has delivered a slightly stronger performance on average when Republica...Read More

 CloseGain/LossOn WeekGold $1233.10-$0.10-0.07%Silver$14.75+$0.01+0.34%XAU67.19UNCH+3.10%HUI149.44-0.20%+3.31%GDM546.24+0.37%+2.92%JSE Gold1133.17-6.35-6.63%USD96.45+0.18+0.10%Euro113.95-0.16-0.22%Yen88.41-0.46-1.13%Oil$63.14-$0.55-4.03%10-Year3.215%+0.076+4.42%Bond137.15625-1.28125-1.59%Dow25270.83-0.43%+2.36%Nasdaq7356.99-1.04%+2.65%S&P2723.06-0.63%+2.42%  The Metals: Gol...Read More

By Ira EpsteinGold will react to how Tuesday night election results come in.https://www.iraepstein.com/ Read More

* Talk of improved U.S.-China ties boosts risk appetite* 10-year U.S., German yields hit one-week highs* Euro zone manufacturing data disappoints* U.S. jobs data due 1230 GMT* EBA to publish stress test results at 1700 GMT (Updates pricing, adds detail on PMI data)By Virginia FurnessLONDON, Nov 2 (Reuters) - Euro zone government bond yields rose on Friday before U.S. jobs data and after reports th...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort168,754155,56091,460165,857197,062426,071444,082Change from Prior Reporting Period -23,824-7,63017,5102,443-12,872-3,871-2,992Traders17593885651274194 Small Speculators (C) GoldSeek.com LongShortOpen Interest 48,87030,859474,941 980101-2,891 non reportable positionsChange fr...Read More

By Peter Degraaf The Price of Gold appears to have bottomed, after declining since 2011. Here is a look at the weekly trend. Gold has carved out an ABC bottom, (C above A followed by a rise above B). The breakout at the blue arrow overcame six months of resistance. Price is now tackling the 200 week moving average at the green arrow. This chart courtesy Bloomberg.com shows the number...Read More

A very significant, very loud, very nasty warning signal has been given. It is extremely important for those who choose to live in the world of reality, and not the fantasy world from the US financial markets. The Reich theme of sluggish economic recovery is a total lie, since the recession which began in 2006 has repeated each and every year since then. The deception is derived from the wrong (...Read More

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global economics, financial markets, governmental policy, precious metals and the importance of prepar...Read More

Episode 9: Fall Of Empires: Rome vs USAEpisode 10: American Bread & Circus Read More

The gold miners' stocks suffered a rough late summer this year. A rare forced capitulation walloped them to deep new lows, short-circuiting their usual autumn rally. That's left this sector anomalously low as the subsequent winter rally gets underway, gold stocks' strongest seasonal surge of the year. Starting from beaten-down levels after skipping the prior seasonal rally gives gold stock...Read More

By David Brady, CFAGold remains stuck in a range, but has begun testing that range recently. On the downside, it broke 1219 support on Wednesday, the prior double bottom, and then stalled at 1214. On the upside, it hit 1246 on Monday, and following Wednesday's visit to 1214 it jumped back up towards 1240 yesterday. With 1251 being the 38.2% Fibonacci retracement of the entire decline from 1360 t...Read More

The "public pension crisis" is the kind of subject that's easy to over-analyze, in part because there are so many different examples of bad behavior out there and in part because the aggregate damage these entities will do when they start blowing up is immense. But most people see pensions as essentially an accounting issue - and therefore boring - so it doesn't pay to go back to this particular...Read More

By Nathan McDonaldThe trend is your friend and in this case, the trend comes tinged with a yellowish hue. As I have been highlighting recently, Central Banks around the world are finally waking up to the harsh reality that is our current geopolitical and financial situation. On the surface, things appear to be healthy, things appear to be running along smoothly, but as soon as you scrap even an...Read More

By Jordan Roy-Byrne CMT, MFTA It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed, gold stocks have been in a strong downtrend. In September they hit two and a half year lows. The oversold condition since then has been corrected but that rebound has been quite weak. Evidence of that can be seen in the GDX advance decline (A...Read More

By Daniel R. Amerman, CFAHome buyers in every city and state have been benefiting from a powerful financial cycle for almost five years. Most people are not aware of this cycle, but it has lowered the average monthly mortgage payment for home buyers on a national basis by about $250 per month since the end of 2013.The interest rate cycle in question is one of "yield curve spread" expansion and c...Read More