Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Jacob Marshall | 6'6" | no. 82Class of 2020 | Reidsville HSRead More
Bob Moriarty ArchivesOct 14, 2019I was writing aboutNevada Copper five months ago and the shares were $.395. Today as the price of copper has gone down by ten percent and we move into tax loss silly season, the shares are $.215. They were cheap then, they are cheaper now along with most of their brethren.This is the month I believe the world will catch onto the fact that the “Everything Bubb...Read More
Here are five Fastmarkets MB you might have missed on Friday October 11 that are worth another look.Most of the import prices for flat-rolled steel products were stable during the week ended October 11 in South America, because Chinese mills did not significantly change offers made before their Golden Week holiday, which ended on October 7.Miners MMG and Citic Metal have declared force majeure on...Read More
US president Donald Trump tweeted the "phase one" deal could be finalised and signed soon, with China already buying agricultural products and the US not increasing tariffs from 25% to 30% tomorrow."The relationship with China is very good," he said.Safe haven asset gold lost a bit of its lustre, dropping to about US$1,483 an ounce on the spot market this morning.Key market indices closed higher o...Read More
RambusPerspective is everything when it comes to the markets. It is always most important to look at the long term charts first and then work your way back to the shorter timeframes. Long term charts also show where major support and resistance resides that can have a calming affect on ones emotions when the inevitable corrections take place.Its been several months or so since we last looked at...Read More
By: Ira EpsteinGold 18-week moving average above $1,461+ Gold is in a correction mode right now. Read More
Gary Tanashian, NFTRHLet's take a look at some indicators that can come together to let us know when the next inflationary bout is in the offing.The spread between 10yr and 2yr yields (the most commonly watched yield spread/curve) is still steepening on the short-term. Live chart available here.What's more, it is doing this against a short-term bounce in yields (my TBT positions appreciate that...Read More
RambusPerspective is everything when it comes to the markets. It is always most important to look at the long term charts first and then work your way back to the shorter timeframes. Long term charts also show where major support and resistance resides that can have a calming affect on ones emotions when the inevitable corrections take place.Its been several months or so since we last looked at...Read More
By: Ira EpsteinGold 18-week moving average above $1,461+ Gold is in a correction mode right now. Read More
Mike Gleason Don't want to listen? Read the podcast below!Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.Coming up MoneyMetals.com columnist and Senior Analyst at The Morgan Report David Smith joins me for another wonderful conversation on why he thinks the recent correction in metals is creating what may be the last great buying opportunity in the sector, and also why he belie...Read More
Big GapsRising PressureVictoriously Breaking EvenBut Wait, There's More7 Deadly Economic Sins WeekNew York and ButterfliesLife would be so much easier if we didn't have to worry about our financial futures. Though I suppose we don't have to worry. Animals don't. Squirrels instinctively store away nuts and thus live through winter without much thought.We humans have retirement winters, and we'r...Read More
Global billet prices were given a boost during the week to Friday October 11 by an improvement in steel scrap import prices in the bellwether Turkish market and the return of Chinese buyers to the import markets.Turkish scrap prices rose after news emerged that a steelmaker in the country had booked a scrap cargo containing an 80:20 mix of No1 and No2 heavy melting scrap from the United States at...Read More
The Fed released the minutes from its last meeting yesterday. What can we learn from the new light they shine on the U.S. monetary policy? How will it affect the gold market?Minutes Show That FOMC Members Are More Worried NowThe minutes from the Sep FOMC meeting show that the Fed is more worried about the economy. The Committee members noted that downside risks had become more pronounced due to th...Read More
RambusPerspective is everything when it comes to the markets. It is always most important to look at the long term charts first and then work your way back to the shorter timeframes. Long term charts also show where major support and resistance resides that can have a calming affect on ones emotions when the inevitable corrections take place.Its been several months or so since we last looked at...Read More
By: Ira EpsteinGold 18-week moving average above $1,461+ Gold is in a correction mode right now. Read More