The inter-merchant spot market for light iron scrap in the UK dropped in the week ended Friday January 31, with British domestic prices dragged down by persistent weakness in the European export market to key buyers in Turkey and the Indian subcontinent, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, w...Read More

The price of austenitic alloy steel scrap in the UK domestic market decreased this week because of lower nickel costs, sources told Fastmarkets on Friday January 31. Fastmarkets' price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was ?750-780 ($979-1,018) per tonne on Friday, down by ?20-30 per tonne from ?780-800...Read More

The price of ferrous scrap imported into India dropped again in the week ended Friday January 31, while trading activity paused following a mid-week drop in international scrap prices, sources have told Fastmarkets.Fastmarkets' calculation of the steel scrap, shredded, index, import, cfr Nhava Sheva, India, was $291.99 per tonne on Friday, down from $296.51 per tonne on January 24, marking the thi...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 376,40146,30986,056192,300553,114654,757685,479 Change from Prior Reporting Period 1,608-10,789-55,418-20,145-11,234-73,955-77,441 Traders 22856825857311180 Small Speculators LongShortOpen Interest 60,78230,060715,539 -4,335-849-78,290 non reportable posi...Read More

The US stock markets dramatically surged mostly in a straight line since mid-October. This extraordinary rally started when the Federal Reserve announced it would resume expanding its balance sheet for the first time in years. The deluge of new liquidity from that quantitative-easing bond buying has again acted like rocket fuel for stock markets. After shooting vertically they are in real...Read More

David SmithIn late December 2019, a bill from the German finance ministry - which had passed the lower legislative house - proposed lowering the "anonymous purchase limit" for precious metals from EUR10,000 to EUR2,000 (about $2,200), a reduction of 80%.At the current price, one could buy less than one and one-half troy ounces of gold without activating customer ID paperwork, and for businesses...Read More

Steve St. Angelo, SRSrocco Report The majority of precious metals investors do not understand the important fundamental factor to acquire and hold gold and silver. While most precious metals analysts promote investing in gold and silver due to the highly leveraged money supply, debt, and derivatives, they fail to warn about the "Energy Impact Factor." In my newest video update, The Amazing...Read More

By: Robert LambourneSince May 2019 the Bank for International Settlements, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives from an estimated 78 tonnes to an estimated 313 tonnes as of December 2019.The bank's total gold swaps and derivatives stood at 250 tonnes in November 2019.The BIS uses gold swaps and other gold derivatives to gain...Read More

Dave KranzlerThe total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It's the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled out from under stocks. The trigger could be anything. Eventually the market will acknowledge and accept the fact th...Read More

By: Ira EpsteinGold higher lows and higher highs. $1,567.90 key short-term support. 18-dma at $1,568+Read More

To Watch Update #8, CLICK HERE As Chris says in the video: this is an alert we'd hoped not to have to deliver. A new study coming out of China reports that the Wuhan coronavirus has an Ro of 4.1. That means it's much more contagious than previously feared. If indeed the case, an Ro of 4.1 means there is NO way of stopping this virus from becoming a full-blown global pandemic. This study has not y...Read More

Eric Sprott discusses the impact the coronavirus will have on the global economy and how this will drive gold and silver prices in the weeks and months ahead.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eri...Read More

To Watch Update #8, CLICK HERE Thursday the World Health Organization (W.H.O.) declared that the Wuhan coronavirus is indeed now a pandemic. Scary news, right? Well...not if you kept listening. The W.H.O. then proceeded to downplay the risk to public health and took pains to make it clear it doesn't recommend placing restrictions on global trade & travel at this time.What?!? When we may be in dea...Read More

Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 31. Europe The high-carbon ferro-chrome market ticked up with demand continuing to recover and contract customers increasing their tonnages, according to some producers. But there were also reports of...Read More

To Watch Update #7, CLICK HERE Science journal The Lancet just released a study that finds initial evidence that men are substantially more vulnerable to coronaviruses than women.Why? Watch the video. Dr. Chris Martenson PhD walks through the science behind the findings, explaining it in simple layman terms.To get Chris Martenson's report on pandemic preparation, go to https://www.peakprosperity....Read More

David Morgan joins us to talk about where precious metals are currently, how it compares to the past and the potential for an acceleration phase in the not too distant future.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selectio...Read More

"We will also start to remove content with false claims or conspiracy theories that have been flagged by leading global health organizations and local health authorities that could cause harm to people who believeContinue...Read More

The fear around the coronavirus around the world has now escalated but the relatively small fatality rate don't justify all the hysteria, said Gerald Celente, publisher of The Trends Journal."Fear is an easy thing to sell, whether it's in war, or weather, or this, but the numbers aren't showing it," Celente told Kitco News. Gerald Celente is a pioneer trend strategist and founder of The Trends Res...Read More

First, the US has sent the CDC and the WHO is on top of it. There are cases outside of China and so far they display the same death rate of less than 3%. There is nothing so far to indicate that ChinaContinue...Read More

"Our economy is in free-fall." Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free eboo...Read More