Flat steel buyers in the United Arab Emirates and Saudi Arabia preferred to wait for new prices to be announced before making any new purchases, sources told Metal Bulletin on Tuesday January 2.There was no new price published after the New Year holiday, and the domestic markets in those countries were trying to get used to the imposition of 5% VAT on January 1, 2018.However, most buyers were expe...Read More

Nothing should happen to your body without your consent.Seems pretty straightforward. Yet our society is predicated on ignoring consent.Recently we have heard all about famous and powerful people ignoring consent when it comes to sexual advances.But consent is just as important when it comes to labor, for instance. Completely forced labor is slavery.Taxes also amount to a less intense form of forc...Read More

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in December 2017.The case list below includes only updates. For other continuing cases in 2017, see the January, February, March, April, May, June, July, August, September, October and November updates.INVESTIGATING REGIONProductOrigin of...Read More

With resignations, acquisitions and co-operation agreements, the last few weeks of 2017 were unusually busy for many European steel companies. Metal Bulletin brings together some of the more important stories from the festive period.British Steel chief resigns British Steel has started 2018 without a permanent chief executive officer, after the resignation of Peter Bernscher on December...Read More

Turkey's ministry of economy removed the country's import duty on rebar on Monday January 1, sources told Metal Bulletin this week.The ministry had previously cut the import tax to 10% from the previous 30% on July 28, due to high domestic rebar prices.Metal Bulletin's weekly price assessment for domestic...Read More

CloseGain/LossGold $1318.20+$15.00Silver$17.17+$0.23XAU88.14+3.36%HUI198.60+3.27%GDM666.00+2.30%JSE Gold1317.36+13.77USD91.86-0.44Euro120.65+0.62Yen89.12+0.31Oil$60.37-$0.0510-Year2.458%+0.047T-Bond151.84375-1.15625Dow24824.01+0.42%Nasdaq7006.90+1.50%S&P2695.79+0.83% The Metals: Gold gained $11.20 to $1314.40 in midmorning New York trade before it pared back heading into midday, but it the...Read More

By Ira EpsteinGold and silver have a nice start to the year. Budget talks will be in focus.https://www.iraepstein.com/ Read More

By Jordan Roy-Byrne There are very few sellers leftThere were very few sellers left in January 2016 when the devastating "forever bear" was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and juniors down by 40% to 45% in less than five months. However, both GDX and GDXJ have been able...Read More

Source: Jack Chan for Streetwise Reports 01/02/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting buy signals for both gold and silver at the close of 2017. -->Our proprietary cycle indicator is up.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long...Read More

Prices for imported steel billet and rebar in the UAE and Saudi Arabia have increased, while domestic rebar prices in the UAE have remained stable, sources told Metal Bulletin this week. Demand for locally produced rebar, meanwhile, was strong in and market participants expect prices to increase. Billet Iranian mills were offering billet at $535-540 per tonne cfr to the UAE, while billet from Gulf...Read More

Graceland Updates By Stewart Thomson 1. The world's most awesome asset is taking the world gold community into the new year with grand style. Please click here now. Double-click to enlarge. Gold has stunned most analysts and roared to my $1310 target price without missing a heartbeat!2. The bull wedge pattern is both majestic and powerful. The ultimate price target of this p...Read More

Gold has broken the $1300 resistance point. How much higher will it go? We've been at this point several time, however, this could be the one that propels gold much higher. The cycles guys have been saying it for a while. But it might just be a seasonal bounce. The key is if it breaks last year's monthly high of $1350. In other news, debt continues to climb higher around the globe and military ten...Read More

By Dave KranzlerI experienced a real eye-opener this past week. The lease on my fiance's Audi A3 terminates soon. I was scanning the "pre-owned" inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4's that had come off lease. Instead, I was shocked to see at both dealers a large selection of 2016/2017 A4s with less then 20k miles. Some under 10...Read More

Join Mike Maloney for his latest report on what he expects for 2018. Bitcoin, stocks, gold and silver are all covered in this in-depth look at today's financial climate...strap in because this is not going to be pretty - unless you are a precious metals or crypto investor.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global l...Read More

By Frank HolmesStrengths? In the final week of the year, the Bloomberg survey of analysts and traders showed the majority of respondents are bullish on the gold price for a third straight week. The yellow metal will end 2017 on a strong note closing out the year with a 13.09 percent gain for spot prices, while the U.S. dollar will see its worst year in more than a decade. Silver...Read More

The Turkish deep-sea scrap market remained silent on Tuesday January 2, as suppliers remained out of the market, sources told Metal Bulletin.Steel mills in the country paused their deep-sea bookings two weeks ago, but are expected to book more cargoes for February.However, suppliers have stayed away during the New...Read More

By Keith WeinerWe hope everyone had a happy New Year.There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash...Read More

By Graham SummersJune of 2017 marked the date at which the inflation genie was let out of the bottle.That was the month that:1) Fed Chair Janet Yellen began the process through which the Fed publicly admitted that it has no clue about how inflation really works.2) The Bank of Japan (BoJ) announced it would continue its massive QE program despite clear evidence Japan's economy was out of...Read More

For Part 1 of this interview, CLICK HEREMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this te...Read More

By Michael J. KosaresWith such a solid end to 2017, it prompts the question what we might expect of gold in 2018. The most immediate question is whether or not it will pick up where it left off 2017 and continue its climb into the New Year, or fizzle and spend the year going sideways or worse, down. I have refrained from the perennial turn of the year prediction sweepstakes for a number years, b...Read More