The following chart illustrates that there is a strong inverse relationship between the US Dollar and Gold. When the Dollar rises, the gold price tends to fall and visa versa, it should not be surprising given that the Gold is priced in dollars. The only recent deviation from the correlation was October to December which coincided with stock market weakness i.e. SAFEHAVEN buying of the Dollar AND...Read More

Eastern China's Shagang has lowered the list prices for its rebar and wire rod booked and shipped in mid-June. The mill is selling its HRB400 16-25mm rebar at 4,070 yuan ($588) per tonne over the June 11-20 period, down 180 yuan per tonne from its last...Read More

I make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning of a real bull phase or bull market for the sector. I make that point with the example of Q1 2016, when a very powerful gold stock “launch” erupted but in Q2 of that year we (NFTRH) were already advising a degrading of those fundamentals. A public article I...Read More

After a period of economic prosperity, itis a given that eventually a period of economic decline will follow. This is awell known reality. Since at least the early 80s there has beena period of great economic prosperity. Yes, there were many recessions duringthat period, however, as a whole it has been a prosperous period.Now, there are many signs that we arelikely to get a period of serious econo...Read More

China's finished steel exports fell in May on both a year-on-year basis as well as when compared with the preceding month. The country shipped 5.74 million tonnes of finished steel abroad last month, down 16.5% from a year earlier, according preliminary Chinese customs data released on Monday June 10.Last month's exports are also...Read More

Domestic rebar prices in Brazil fell during May as leading steelmakers battle with new participants for market share amid low domestic demand, retreating from announced price increases.Fastmarkets' domestic rebar price assessment was 2,450-2,600 Reais per tonne delivered on June 7, down from 2,600-2,720 Reais per tonne a month prior. The bottom of the price range is at its lowest for this year.Lon...Read More

A Perfect Storm is hitting the Gold market, with an internal factor (return to Quantitative Easing on steroids), an external factor (Shanghai Gold Exchange taking market share), and a systemic factor (Basel 3 Rule permitting Gold in account ratios). All three forces are positive in releasing Gold from the corrupt clutches of the Anglo-American banker organization. The Eastern Hemisphere has a pl...Read More

By: Doug CaseyInternational Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He's clearly stated this in many interviews.His desire to minimize his taxes has brought scorn from many in the mainstream media, and politicians from both sides of the aisle. These people are of the opinion that paying taxes is an honorable and necessary...Read More

- DOWNLOAD MP3Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up we have an incredible interview with business icon and two-time presidential candidate Steve Forbes, CEO of Forbes. Mr. Forbes unloads on the Fed and its horrific track record -- with accuracy that's worse than a bunch of monkeys throwing darts at a dart board he says. He discusses Donald Trump's chances at re...Read More

By: IRA EPSTEINGold's 100-month closing averages current resistance, $1,350 area. Gold had a stellar performance, bulls have to be pleased..Read More

A headline today (Friday - June 14) on the front page of The Wall Street Journal is the most encouraging we've seen in years for gold bugs. If you've been on the sidelines, here's a trade to jump back in.Many subscribers a reporting fantastic gains based on the gold recommendations from Rick's Picks. Even people who have only been with us for a week are making money. Read More

Dear RayFinancial RepressionThe Referees SuckBoston, New York, and ???Last week we started a mini-series in the form of an open letter responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. I wrote that he was kinda, sorta wrong in Why and How Capitalism Needs to Be Reformed, Parts 1 and 2 but really, really wrong in It's Time to Look More Carefully at 'Moneta...Read More

South32's decision to review the future of its manganese alloy assets comes as little surprise to fellow manganese alloy producers because they are likely to be considering similar options. The review, which could result in the divestment of the assets, reflects a wider predicament affecting alloy producers struggling with historically high ore prices and a subdued market for their own product. So...Read More

The London Metal Exchange has decided on a dispute over when the load-in, load-out (LILO) rule should have been activated, ruling in favor of warehouse company Istim. People familiar with the situation said that the warehousing firm had been found to have acted vigorously and without delay in its dealings with Glencore at its warehouses in Port Klang, Malaysia, following large cancellations of alu...Read More

Gold futures gave up much of their earlier gains on Friday, with strength in the U.S. dollar prompting prices for the precious metal to post only a modest gain for the session, down significantly from their highest intraday level in 14 months. Prices eased back from the session's best levels with the dollar on track for a gain on the week, putting some pressure on dollar-denominated gold prices. T...Read More

Hillary Clinton recently shared a glimpse of her lavish D.C. home — dubbed "Whitehaven" - with Architectural Digest. And while I'm more of a modern design kinda guy, I have to say it's definitely a nice pad… especially since it's not even the Clintons' primary residence!Of course, seeing pictures of the lavish home also made me think about a story I originally discussed many years ago....Read More

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More

When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.BRECKENRIDGE, Colo., June 12, 2019 /PRNewswire-PRWeb/ -- When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.What most don't know is that the town of BreckenridgeRead full newsRead More

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More

Genome sequencing is set to revolutionise the diagnosis of rare childhood conditions, according to researchers in Cambridge.All seriously ill children in England with an unexplained disorder will be eligible for genome analysis, which involves mapping a person's entire genetic code, from next year.So far, about 350 babies and children in intensive care at Addenbrooke's Hospital have had...Read More