CloseGain/LossGold $1314.90-$3.30Silver$17.14-$0.03XAU87.08-1.19%HUI197.35-0.63%GDM660.98-0.75%JSE Gold1338.73+21.37USD92.18+0.32Euro120.12-0.53Yen88.97-0.15Oil$61.63+$1.2610-Year2.440%-0.018T-Bond152.28125+0.53125Dow24922.68+0.40%Nasdaq7065.53+0.84%S&P2713.06+0.64% The Metals: Gold dropped $6.40 to $1311.80 in Asia before it rallied to $1317.80 in London and then fell back to a new sessio...Read More
Gold moved visibly higher during the first session of the year and this time mining stocks accompanied it. In fact, it seems that they are back on the track after a short pause. What's the likely reason behind this year's rally and what does it imply going forward?Let's jump right into the mining stock charts (chart courtesy of http://stockcharts.com). Gold stocks indeed broke above the rising...Read More
Due to a technical error, the following prices were not published by Metal Bulletin Group on Monday January 1:CIS Export Semi-finished and Flat steelCIS Export Semi-finished and Long steelCIS Billet IndexRussia Domestic Long and Flat steelTurkey Domestic Ferrous Scrap AssessmentsAll prices were rolled over from the previous week, due to seasonal holidays.Metal Bulletin Group's Price Book has been...Read More
By Rory HallIf one is interested in picking up some numismatic coins that have the potential to carry some heavy premiums in the years to come 2017 could be one the years to add to your stack. Not all coins produced during 2017 will command high premiums in the future, and maybe not a single one will, but if one looks through the offerings at the US Mint, Perth Mint and Royal Canadian Mint I kno...Read More
Click Here to Listen to the InterviewHead of The Morgan Report, David Morgan rejoins the show with comments on Bitcoin, Altcoins and the PMs sector.Contrary to the mainstream opinion, BTC and Altcoins are here to stay; digital currency represents a decentralized alternative to antiquated fiat money.While the uninitiated complain about the energy consumption of BTC mining, the cognoscente understan...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 precious metals or crypto investor.If you enjoyed watching this video, be sure to pick up a free copy of Mike's bestselling book, Guide to Investing in Gold & Si...Read More
The pattern shift first noticed the end of September is now in it's 13th week. BofA Merrill Lynch confirms the shift with 11 out of their 19 bear market signals being triggered. Are the Feds ready?Tax law changes and repatriation provides fuel to push stock and bond markets higher. Of course, there are some positive changes for individuals that should put more money in their pockets and (hopefully...Read More
By Jeff ClarkGold or cryptos?That's actually the wrong question, as Mike Maloney points out in his new episode of Hidden Secrets of Money. This movie-quality production follows his three-year journey into investigating the cryptocurrency landscape. He expected to find nothing but a digital payment system. Instead..."What I found is a technology that can revolutionize the planet." Gold and crypt...Read More
Domestic prices for rebar in Southern Europe have remained unchanged over the past week, with the majority of market participants yet to return from seasonal holidays, sources told Metal Bulletin on Wednesday January 3.Metal Bulletin's weekly domestic price assessment for Southern European rebar was stable at ?,?505-530 ($608-638) per tonne delivered on Wednesday."We have only just returned to the...Read More
By Gary SavageThis video explains why the stock market will be headed higher for now, and likely through the first week of earnings season.https://blog.smartmoneytrackerpremium.com/ Read More
With his first year in office drawing to a close, the US president has been talking up his economic record in typical Trump style. But one man who does not share Trump's optimism is former congressman Ron Paul. He told RT the growth is not even for all people.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, in...Read More
The paradoxical technical situation for oil that we highlighted in the last update has continued - and has gotten even more extreme. In that update we concluded that oil's very bullish volume indicators pointed to its continuing to advance, despite COT and Hedgers charts and sentiment indicators showing extremes that would normally call for a reversal to the downside, and that is what has happen...Read More
The Turkish deep-sea scrap market remained quiet on Wednesday January 3, with supply still tight, according to market sources.Turkish mills were expected to book more cargoes for February but the suppliers were largely out of the market."Scrap collection is slow due to heavy winter conditions and holiday...Read More
By Gary ChristensonFinancial sanity and stability may not return, but we can protect our assets and learn from the discussion.The DOW, S&P500, NASDAQ and other markets sell at all-time highs. However, many imbalances exist within our financial world.This is not new - things have been crazy before, are now, and will be again. But to regain financial sanity we need:From "Doug Casey on the New Fed...Read More
By Rory HallDr Warren Coats, former Chief of the SDR with the title Assistant Director of the Monetary and Financial Systems Department at the IMF penned an article on a return to the gold standard in 2013 - A Hard Anchor for the Dollar. Not a classic gold standard, but an "updated version" of a gold standard that would allow for entities like the IMF, World Bank and BIS to stay involved and b...Read More
By Avi GilburtAs Ecclesiastes notes, "There is nothing new under the sun." This, too, applies to the stock market.The average investor trap is the same throughout whatever period you wish to review. Markets become overexuberant, see a correction, sentiment resets, and markets rally on to their next phase of overexuberance. It is really that simple. Yet, we overcomplicate matters by relying on ec...Read More
Iron ore prices rose just short of $75 per tonne cfr China on Wednesday January 3 despite a retreat in the Chinese steel and futures markets.Metal Bulletin's 62% Fe Iron Ore Index Today: $74.97 per tonne cfr QingdaoDaily change: up by $0.26 per tonneMonth-to-date average: $74.84 per tonneMetal Bulletin's 58% Fe Premium Index...Read More
By BullionStarhttps://www.bullionstar.com/Throughout gold rush and gold mining history, the discovery of a large gold nugget is a phenomenon which always causes excitement throughout a mining community as well as capturing the wider public's imagination. It has probably something to do with so much gold being found at the same time, often with relative ease.Gold nuggets can be found in alluvial...Read More
By Frank HolmesAs we begin a New Year, I want to share with you the five most popular Frank Talk posts of 2017. One common theme you'll see in these posts is they all center on the topic of gold. Although we specialize in educating investors about gold and managing gold funds, it's worth noting that our gold posts garnered more interest than our bitcoin and blockchain posts in this year of crypt...Read More
The seaborne iron ore market continued to see thin trading with prices staying rangebound on Wednesday January 3 amid losses in China's steel and futures markets.Key driversChina's benchmark steel and iron ore futures contracts posted a short-lived uptick in the morning before trending downward after that to end the day in negative territory.The weathervane billet price in Tangshan fell 50 yuan ($...Read More