Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

Goldhas turned vigorously lower yesterday. And not only gold at that. Red, red,everywhere in precious metals you looked. The silent scream we wrote about inthe Wednesday’s Alert for our subscribers brought serious repercussions.Immediately and just in time to reap the benefits. Today, we will devoteextraordinary attention to the long-term view of the PMs complex. In yesterday’s Part I,...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday March 20 that are worth another look.The Democratic Republic of the Congo, the world's top producer of cobalt and a key copper producer, has re-enacted an export ban on copper and cobalt concentrates, official documents obtained by Fastmarkets show.China's strict restrictions on scrap metal imports from the United States...Read More

If you have been following our research over the past few months, you already know that we’ve called just about every major move in Gold over the past 14+ months.  Recently, we called for Gold to rally to  $1300 area, establish a minor peak, stall and retrace back to setup a momentum base pattern.  We predicted this move to take place back in January 2019 – nearly 30+ da...Read More

There is a sense oftriumphalism in the tag-line, “U.S.A. is now a net oil exporter”. Reminiscentof “Mission Accomplished”; first it’s not true, second; what’s hiding in thewings is sinister.In February, in thePermian,  Initial Production netLegacy-Loss (IPnL), which measures change in production capacity, was down 42%on the peak in May 201898.5% of changes...Read More

Goldis turning vigorously lower. And not only gold at that. Red, red, everywhere inprecious metals you look. The silent scream we wrote about yesterday broughtserious repercussions. In this article, we devote extraordinary attention tothe short-term picture throughout the PMs complex. Stay tuned as in the comingday(s) we’ll explain here how it affects the long-term charts and the 2012-2013&n...Read More

Haveyou heard of Alexandria Ocasio-Cortez?At29 years old, she’s the youngest Congressperson in history.Alsoknown as “AOC,” Cortez is quite a sensation among young left-leaning folks. Nosurprise, she’s often referred to as the Democratic version of Trump. 2.4million fans follow her on Twitter.Likeany socialist, AOC is full of “ideas.” Most of them involve taking...Read More

“The best thing you can do is know how to have a balanced portfolio.” Ray Dalio, Bridgewater Associates “The Flash Boys story put in jeopardy billions of dollars of Wall Street profits and a way of financial life.” Michael Lewis What’s the line in that popular song. . . .  “Are you happy in this modern world?”In an article headlined Robots conquered...Read More

The question is not ‘if’ but ‘when’. This is what more and more analysts think about the US recession. We invite you to read our today’s article about the NBER’s recession indicators and find out whether the economic slump is really coming soon – and what it all means for the gold market.Talks about a possible economic slump are getting louder. More and mo...Read More

It’s important to understand Gold’s fundamentals as it will help us confirm a new bull market.To this point, Gold’s rallies have failed to make higher highs and higher lows because, although there has been improvement in fundamentals, the fundamentals have not turned bullish yet.The technical trigger will be Gold and gold stock outperformance of the stock market which will likely...Read More

Precious metals expert discusses recent movements in the markets. In life, there are a distant events from one's past that embed themselves in one's memory banks in a manner and forcefulness that is directly related to their personal or historical importance. The birth of one's first child, one's first love affair or an athletic achievement fall into the "personal" category; the end of WWII, the f...Read More

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear a tremendous interview with Craig Hemke of the TF Metals Report. Craig weighs in again and offers a concise and clear explanation on what’s been happening in the broken and rigged silver futures markets. And also tells us why he sees 2019 being a similar setup to what we saw in gold and silver...Read More

Yields dropped across the board today as the Fed said it would be patient. A "Dot Plot" shows no hikes expected in 2019. The lead chart shows interest levels today vs those on December 18, the last meeting in which the Fed hiked rates. 22 Inversions! 7-Year with FFR, 1-Month, 3-Month, 1-Year 5-Year with FFR, 1-Month, 3-Month, 1-Year, 2-Year, 3-Year 3-Year with FFR, 1-Month, 3-Mon...Read More

If the central economic planners (CEP) lose control and the fiat monetary balance is broken, where do you hide! In the most recent years the pendulum as held firm on the side of the CEPs and central bank put (Greenspan Put, Bernanke Put, Yellen Put, Powell Put [just]) was (and is) a real thing. Now in 2019, after being sold the story the easy monetary policy can end and return to normal. The...Read More

Zinc's three-month price on the London Metal Exchange was higher at the close of trading on Wednesday March 20, bolstered by an 11-year low in LME stocks, with the price continuing to approach $2,900 per tonne - a level not seen since July 2018.Total on-warrant material was at its lowest level since 2008 at just 44,300 tonnes, while LME data showed five dominant warrant-holding positions. Three of...Read More

The United States' copper market was at a standstill during trading on Wednesday March 20 morning, with a stronger dollar adding pressure to the complex. The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down 0.15 cents to $2.9215 per lb.The dollar index was trading at 96.46, up 0.07%. Over the past few sessions, the market has entered a consolida...Read More

Gold has rebounded since March 5 despite a mixed macro backdrop.Gold's spec positioning lightens for a third week in a row.ETF investors buy gold for the first time in six weeks.Expect a warm macro backdrop for gold in Spring 2019 on 1) dovish Fed's stance and 2) unsustainable rally in US equities.I am bullish on GLDM over the short term and beyond. A warm spring breeze, John Rula (Saatchi Art) In...Read More

Trading in the seaborne coking coal spot market remained largely muted on Wednesday March 20 despite the emergence of slightly lower offers.A top Australian brand with a laycan of April 20-29 was sold to an end user in northern China at $212 per tonne cfr China, sources told Fastmarkets. The transaction was heard after the cut-off time for Fastmarkets' indices, and as such was not included in the...Read More

The USA is engaged in quantitative tightening while most other countries are still easing. This points to a stronger U.S. dollar.Excess bank reserves held at the Fed should keep long-term rates lower for longer.Actual Working Monetary Base AWMB should continue to rise keeping the U.S. economy expanding.Unfortunately, the strong U.S. dollar should keep the U.S. price of gold subdued for some time.B...Read More

Sacrilege to less than half the crowd, the idea of cleaning common date junk silver coins, silver rounds, and silver bullion bars can somehow still be controversial.Yet, if you would prefer to rid some of the tarnish from your common date silver pieces, the team at SD Bullion recently put up a handy quick video and blog on "How to Clean Silver".To begin, we will reiterate... never clean highly col...Read More