Jason talks about the relationship between gold prices in US Dollars and the Dollar. Normally, they're inversely or negatively correlated. However, for short periods of time they can rise together and in periods of extreme crisis, like during the 2008-2009 global financial crisis, they can rise together for 6 months. Track Gold Prices and U.S. Dollar Correlation For Free Here: https://www.macrotre...Read More

With a national debt approaching $23 trillion and a trillion dollar deficit for this year alone, Congress last week decided to double down on suicidal spending, passing a two year budget that has the United States careening toward catastrophe. While we cannot say precisely when the economic crash will occur, we do know that it is coming. And last week Congress pounded down on the accelerator.We ar...Read More

"In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past." Continue...Read More

Bloomberg is reporting that China has halted imports of U.S. agricultural products, a move that will further heat up trade tensions between the world's two superpowers. Continue...Read More

"We cannot let those killed in El Paso, Texas, and Dayton, Ohio, die in vain. Likewise for those so seriously wounded. We can never forget them, and those many who came before them. Republicans and Democrats must come together and get strong"Continue...Read More

TOPICS IN THIS INTERVIEW:01:15 Fed rate cuts and recession risks looming05:35 The realization that the economy is going to implode08:20 Gold strongly closing out Q3 201912:40 Gold on steroids: Silver is severely undervalued!18:30 Bitcoin $10,000, speculation or utility driven value?25:00 How to own Gold in the safest way possibleMark O'Byrne is executive and research director of www.GoldCore.com w...Read More

Turkish steel producers have not made any deep-sea bookings at the start of this week because of soft demand for finished long steel, sources said on Monday August 5.After the mills booked several deep-sea cargoes in the week ending July 26, they have backed out of the market."The mills in Turkey want to sell some [rebar] before resuming their...Read More

More deals have been made in the United States pig iron market at higher prices because of improved market fundamentals, sources told Fastmarkets during the week ended Friday August 2.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $365-368 per tonne on Friday, widening upward from $365 per tonne a week before.Bookings of Ukraine-origin pig iron for September shipme...Read More

Domestic scrap prices in the Turkish market fell slightly over the past week due to weak demand for finished steel, sources said on Monday August 5.Several steel mills in the Izmir region reduced their buy prices for auto bundle scrap by around 20-55 Turkish lira ($4-10) per tonne over the past week.Long steel mill...Read More

Sentiment was soft in the CIS export slab market in the first week of August, with modest demand from major buying outlets as well as weaker sales of finished flat steel both in customers' markets and domestically."I do not think mills will be able to hold prices at their current level any longer. The slab market is very soft," one trader told Fastmarkets on Monday August 5.A recent booking of Rus...Read More

Hitting bonanza grades during a gold bull means good things for investors. GoldStockBull subscribers know that gold mining stocks have done quite well in recent months. But companies that have recently found bonanza-grade gold have upside potential above and beyond that of their peers.2019 is proving to be a great year for gold. As COMEX Gold consolidates above $1,400 and now even $1,450, it's cl...Read More

Uncertainties surrounding the trade war between China and the United States sapped trading activity in both the futures and physical markets for Chinese rebar on Monday August 5, resulting in prices falling further.Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($546-551) per tonne, down 50 yuan per tonneNorthern China (Beijing): 3,730-3,760 yuan per tonne, down 20 yuan per tonneSeveral analy...Read More

The following is an email sent to me this morning by my friend since 1980 Ray Langevin of Ste-Foy, Quebec. Ray is chastising me for suggesting that we may need corrections. He has hurt my feelings with his admonishment not because he may be totally correct but because he writes in English better than I can.KC, you see what may happen when you call me to tell me that the gold market has gone up too...Read More

It was a full-blown meltdown for U.S. stocks todayU.S. stocks had their worst day of the year, extending recent weakness as the U.S.-China trade relationship took another turn for the worse. President Donald Trump accused China of currency manipulation after the yuan fell to its lowest point versus the dollar in a decade, and the Asian nation also reportedly halted crop imports from the U.S. When...Read More

ZNGA is on track to breach a key trendline of support todayEarlier today, President Donald Trump cited video games as the driver behind the two mass shootings over the weekend in El Paso, Texas and Dayton, Ohio. Trump's comments echoed that of House Minority Leader Kevin McCarthy, sending the video games sector lower across the board. Among the losers is Zynga Inc (NASDAQ:ZNGA), and options trad...Read More

Disney reports earnings post-close on Tuesday, and the shares have recently struggled after releasesWalt Disney Co (NYSE:DIS) has been one of the best Dow stocks in 2019 thanks to incredible success at the box office. The shares are being hit by the market weakness today, however, last seen down 2.5% at $138.16. At this level, DIS is set to close below the 50-day moving average for the first time...Read More

A look at how Trump's violent video game concerns are impacting EA, ATVI and GMEStocks are taking a serious hit today, as trade tensions between the U.S. and China ramp up. Video game stocks are in hot water today too, after President Donald Trump blamed video game violence for contributing to this weekend's mass shooting tragedies. Three stocks affected are Electronic Arts Inc. (NASDAQ:EA), Activ...Read More

Clive MaundThe charts we will look at in this update suggest that this is a perfect shorting setup that you see "once in a blue moon". On the 3-year chart for the S&P500 index we can see that it has essentially been trending higher all year, but has now arrived at an important double target - at the upper boundary of its giant broadening pattern, which may also be called a bullhorn or megaphone...Read More

By Avi GilburtThe Fed gave us exactly what the market expected in a .25% rate cut, and even gave us a "gift" with the early cessation of Quantitative Tightening. Normally, most would view this as a bullish catalyst. However, with market sentiment topping out in a bullish extreme, market participants interpreted the Fed action as bearish (despite its positive substance), and the market sold o...Read More

GIS is up 38% year-to-dateCereal maker General Mills, Inc. (NYSE:GIS) is down 0.8% at $53.20 this afternoon. GIS has been stuck in between the $52 and $54 levels since mid-May, with added support emerging at the 80-day moving average in late June. The shares touched an annual high of $54.74 just last month, and despite today's drop, remain 38% higher year-to-date.Implied volatilies on the equity a...Read More