- Jim Willie interviews Mark O'Byrne of GoldCore about the slowly erupting Global Financial Crisis II and the importance of being financially prepared but also "psychologically prepared" - "Not a single thing has been fixed" and vitally important people prepare now for the "next phase" of the currency wars and the global financial crisis which is set to impact financial markets, stocks, bonds,...Read More

DOWNLOAD MP3Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up Chris Martenson of PeakProsperity.com and famous author of The Crash Crouse and his latest book Prosper! joins me to dissect what's behind the Yellow Vest movement in France and why the mainstream media and those in power simply don't want you to know what's really going on there. Chris also tells us which p...Read More

Bond Market Turned Down & Interest Rates Up - Check!Two-Year yield bottomed September 2011Five-Year yield bottomed July 2012Ten-Year yield bottomed July 2016The 30+ year bond bull market is done.Housing Market Turned Down - Check!Mortgage rates bottomed in July 2016.Mortgage applications have fallen hard.London, Vancouver B.C. and Australian prices are down.New York, San Francisco, and Dallas pr...Read More

Because of its wide availability and exceptional conductivity, copper is found in everything from consumer products to automobiles to semiconductors. Last year global demand for the red metal stood at 23.6 million tons, and by 2027, it's projected to reach just under 30 million tons, representing an average annual growth rate of about 2.6 percent.This phenomenal growth is attributable not just t...Read More

By: RambusBelow is the combo chart which has the HUI on top, the UUP in the middle and GLD on the bottom. Everything looks fine.The GDX daily chart shows a nice breakout and backtest to the top rail of the bullish rising wedge and now the door is open for a move higher.Below is the weekly chart for the GDX which shows the breakout starting to gaining some momentum.Below is the weekly chart for...Read More

By: Ira EpsteinMetals roar to the upside - Palladium explodes to the upside. The world wants to inflate:Read More

ASIAN METALS MARKET UPDATEI am not concerned over the rise in gold prices. I was bullish on gold, I am bullish on gold and I will remain bullish on gold. There will be corrections in gold prices. It will not be a one way traffic. What will be the floor price/bottom price if gold prices fall? To me a correction of $100-$125 are a part and parcel of the bull rally in gold. Right now gold should no...Read More

The percentage of "buy" ratings on SPX stocks just surpassed the 2014 peakA good place to get analyst data is from Zacks, which shows the number of brokerages that are recommending a "buy," "hold," or "sell" rating for each stock. Looking at current S&P 500 Index (SPX) component stocks, the chart below shows the total percentage of recommendations that are a "buy." This data puzzled me for a long...Read More

Europe frets over the stability of Indonesian tin supply, China sees less product coming from Myanmar and US buyers are trying to wait out the current high tin prices. Europe mulls how to make up for lost Indonesian supply Chinese premiums flat while import window closed US sees little spot buying, with buyers said to be waiting for rising LME tin prices to subside.European premiums flatIn Europe,...Read More

Slight price increases have begun to emerge for domestic hollow steel sections in Europe as a result of increases in the upstream steel coil market. ArcelorMittal, the world's largest steelmaker, announced on Tuesday February 19 that its prices for hot-rolled coil, cold-rolled coil and hot-dipped galvanized coil would increase by ?,?30 per tonne with immediate effect. The producer's higher HRC off...Read More

Shanghai zinc premiums softened over the past week on low spot interest due to import losses and a backwardation in London Metal Exchange price spreads, while lead premiums were largely unchanged across the globe, Fastmarkets heard on Wednesday February 20. Shanghai zinc market saw transactions at a lower premium, and import losses hovered around $100 per tonne. The contango of zinc spreads in mid...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday February 20 that are worth another look.A blockchain pilot project designed to demonstrate the presence of artisanal and small-scale mining sites in the tungsten supply chain is scheduled to be completed in May 2019. Glencore expects healthy future demand for cobalt and a bottoming out of prices after a difficul...Read More

There's still much to come in terms of crypto news 2019. Yet there have already been several significant developments in the global crypto markets just seven weeks into Q1. In a historic first, two of the largest economies in South America settled a trade agreement in Bitcoin.A new browser extension called Tippin allows users to send small BTC tips to users on Twitter via the lightning network.Jap...Read More

Section 232 tariffs on aluminium and steel raised $3.6 billion in their first nine months, and revenues for the last two months are likely to push that figure up by around another $1 billion, US government data shows.That figure would be enough to cover the shortfall in funding sought by United States President Donald Trump for border security. In other words, aluminium and steel tariffs could fun...Read More

Detailed data for Chinese trade is still not available, but there are indications that the East Asian country may have become the biggest importer of pig iron in Asia last year, according to Fastmarkets' research team.We pointed out in June last year that the Chinese import pig iron market might revive to fill the widening gap between iron and steel production in China, alongside ferrous scrap.Hon...Read More

The process to exclude steel and aluminium from the Section 232 import tariffs applied by the United States is having some interesting consequences.Notably, in the event of a national security issue - which Section 232 was designed to address - the United States would theoretically rely on Japan for its steel and Saudi Arabia for its aluminium.Those countries have been granted the highest volume o...Read More

I'm accumulating gold, silver, and gold/silver stocks to maintain a 5-7% portfolio allocation to precious metals.I consider gold to be fairly valued or mildly undervalued at the current time. Not necessarily deeply undervalued like some argue, but a good long-term risk/reward opportunity.Streaming/royalty companies are my preferred choice.Silver and platinum are historically undervalued.Precio...Read More

Copper's three-month price on the London Metal Exchange was up over 1% at the close of trading on Wednesday February 20, breaching $6,400 per tonne for the first time since July 2018 amid high volumes and dwindling LME stocks. Total volumes traded in copper led the complex with more than 21,000 lots changing hands by the close, the most since January 4. Despite significant buying over the aft...Read More

The Comex copper market continued to move in a positive direction on Wednesday February 20, with global trade talks between the United States and China showing progress.The copper price for March settlement on the Comex division of the New York Mercantile Exchange increased 2.25 cents to $2.8970 per lb. Additionally, the red metal's price remains elevated against a backdrop of falling London....Read More

Seaborne iron ore prices fell across the board on Wednesday February 20 amid a quiet trading day, while Fortescue Metals Group (FMG) announced its product discount levels for March.MB 62% Fe Iron Ore Index: $88 per tonne cfr Qingdao, down $1.21 per tonne. MB 62% Fe Pilbara Blend Fines Index: $87.40 per tonne cfr Qingdao, down $1.21 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $89.10 per tonne...Read More