Italian steel trade unions have announced company-wide strike action at troubled Italian steelmaker Ilva, to take place on Tuesday September 11, four unions said in a joint statement on Friday August 31.The statement was co-signed by Fim-Cisl, Fiom-Cgil, Uilm and Usb.The decision to strike comes amid continued uncertainty over the future of the flat steel producer, after Luigi Di Maio, Italy's min...Read More

                           The Ducks are Lining Up!This chart is courtesy Real InvestmentAdvice.com and borrowed from a recent article: ‘Wicksell’sElegant Model’.   The brown areas in the chart highlight theperiods when ‘real rates&rsqu...Read More

Agriculture is always  a solid choice to invest. Peoplealways need to eat no matter the current economic outlook. This is why manypeople consider agricultural investments to be recession proof. The good newsis that you don’t actually have to own a farm to invest in them. Here is a lookat how to invest in farms, all without having to actually own one. 1. Farm REITs Investing in a farmin...Read More

Alloy steel scrap prices in Europe were unchanged this week for all grades, although there was growing pressure on prices for chrome steel scrap grades, sources told Metal Bulletin on Friday August 31....Read More

 CloseGain/LossOn WeekGold $1199.10-$1.10-0.54%Silver$14.51-$0.05-2.03%XAU66.24%4-0.2-2.13%HUI143.23-0.29%-2.44%GDM517.50-0.67%-1.98%JSE Gold996.21+24.51+4.74%USD95.09+0.44-0.04%Euro116.06-0.69-0.15%Yen90.09-0.09+0.07%Oil$69.80-$0.45+1.57%10-Year2.862%-0.003+1.74%Bond144.71875-0.25-0.77%Dow25964.82-0.09%+0.68%Nasdaq8109.54+0.26%+2.06%S&P2901.52+0.01%+0.93%  The Metals: Gold...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort207,370210,43360,824165,581173,843433,775445,100Change from Prior Reporting Period -6,130-11,7772,018-9485,629-5,060-4,130Traders181100935642280195 Small Speculators (C) GoldSeek.com LongShortOpen Interest 45,50834,183479,283 613-317-4,447 non reportable positionsChange from t...Read More

By David Brady, CFAMoney Managers ("Funds") continue to cut longs and add shorts, while Gold remains oversold technically and overbearish from a sentiment perspective. This has been the situation since May, and yet Gold continued to fall. I see this as a massive build-up of fuel for the coming rally. China controls the dollar price of Gold via USD/CNY and XAU/CNY to a lesser extent which is the...Read More

Steel slab export prices from Brazil narrowed downward in the week ended Friday August 31, with demand in the United States muted due to uncertainty about quota limits and high inventories....Read More

By Frank HolmesFor years, Adam Sharp has helped accredited and retail investors get in on the ground floor of some of the most promising early stage investment opportunities. These include not just venture capital but also equity crowdfunding and cryptocurrencies, which he added last year to his two research offerings, First Stage Investor and Crypto Asset Strategies.I recently had the pleasure...Read More

By Gary TanashianThe 'Gold as Inflation Hedge' CanardOn the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold "community". Per Campbell Harvey in this video with Kitco's Daniella (dig the flowing golden locks of hair)..."Gold is just too volatile" to be an effective inflation hedge.Well yes sir, you are right. Gold does not track inflation in a...Read More

This week, as investors and economists fixate on record highs set by major stock market indices, they have ignored much more significant developments that emerged from the Federal Reserve's annual meeting in Jackson Hole, Wyoming. Fed Chairman Jerome Powell delivered a speech that somehow was almost universally interpreted as a reiteration of his commitment to continue to raise rates throughout...Read More

By Jordan Roy-Byrne CMT, MFTA After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier. Although recent gains have met some resistance, the immediate path of least resistance should be higher. Let's take a look at the key support and resistance levels for the metals and the miners. Gold has retreate...Read More

By Keith WeinerLife is good. They could not have imagined what we have, back in the dark ages.So I have never understood why people prep for a return to the dark ages. The only thing I can think of is that they don't really picture what life is like. 14 hours a day of back-breaking labor to eke out a subsistence living. Subject to the risks of rain, sun, and insects.Prepping makes no sense to me...Read More

 CloseGain/LossOn WeekGold $1199.10-$1.10-0.54%Silver$14.51-$0.05-2.03%XAU66.24%4-0.2-2.13%HUI143.23-0.29%-2.44%GDM517.50-0.67%-1.98%JSE Gold996.21+24.51+4.74%USD95.09+0.44-0.04%Euro116.06-0.69-0.15%Yen90.09-0.09+0.07%Oil$69.80-$0.45+1.57%10-Year2.862%-0.003+1.74%Bond144.71875-0.25-0.77%Dow25964.82-0.09%+0.68%Nasdaq8109.54+0.26%+2.06%S&P2901.52+0.01%+0.93%  The Metals: Gold...Read More

News, Market Updates, Charts and Videos You May Have MissedHere is our weekly digest of the important news, market updates, charts and videos we covered this week.As emerging market currencies around the world collapse in value and gold reaches new record highs in these fiat currencies, we felt it important to look at the terrible situation in Venezuela and consider whether this will be the fate...Read More

Pig iron exporters in Brazil were insisting on high offer prices on Friday August 31, despite low bids, the weakness of the country's currency and the increased availability of material....Read More

Full Article: Sentiments measures bottoming on GoldBy: Olivier CrottazThere are several sentiment(s) indicators and these one's are very often calling for movements in advance especially when sentiments are at extreme levels.For example, when more than 85% of the contributors are bullish on an underlying like the USD, the currency fall during the following periodFull Article: Sentiments measures...Read More

Indian local secondary billet prices in the last week of August fell by at least 200 rupees ($3) per tonne when demand slowed down and the number of inquiries dwindled....Read More

The latest news and price moves to start the North American day on Friday August 31. ...Read More

In his most recent book, The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis, former CIA analyst Jim Rickards notes that some of the biggest financial bodies in the world have been warning of excessive risk in financial markets since 2014.Through a series of published papers, press releases, and public statements, institutions like the IMF and BIS have been subtly tellin...Read More