As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
By Avi GilburtLast week, I wrote an article about how I view the potential effects of an economic collapse on American society. Unfortunately, many of our readers took it as an opportunity to post their perspectives on Trump and the democrats.Yes, I know the country is exceptionally divided. However, I brought this issue to light not because I see one party as being the savior for this country o...Read More
By Ronan Manlyhttps://www.bullionstar.com/Probably the two best known gold mining stock indexes in the world's financial markets are the HUI and the XAU. HUI is the ticker symbol for the NYSE Arca Gold BUGS Index. XAU is the ticker symbol for the Philadelphia Gold and Silver Index. Both of these monikers make an appearance on many gold related websites and many general financial market websites...Read More
By Ira EpsteinToday's low in gold is important. https://iraepstein.com/ Read More
Metal Bulletin today amended the frequency of its Southeast Asia steel billet import price assessment from weekly to launch a daily price starting on Wednesday August 1, published on a $ per tonne cfr Philippines basis.Following a consultation period, Metal Bulletin is making the change in response to the sufficient market liquidity observed to support a daily assessment.The higher frequency is in...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in July 2018.The case list below includes only updates. For other continuing cases this year, see the updates for January, February, March, April, May and June.1. Eurasian Economic Union (EEU): flat coated steel from China, Ukraine2. Viet...Read More
John Rubino, DollarCollapse.com., discusses Trumps trade policy that is intended to reverse trade deficits and return high paying jobs and his stance on NATO.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1...Read More
Iconoclastic entrepreneur Ken Langone joins Robert & Kim to discuss the rise of socialism in the U.S., and its threat to capitalism. If young people lose confidence in capitalism, what effect will it have on the U.S.? Langone shares insights on founding Home Depot, and as a result, helping over 3,000 employees become millionaires.Ken's new book: I Love Capitalism!: An American StoryRobert Kiyosa...Read More
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 ebook). Gregory currently hosts a b...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
"This is a terrible situation and Attorney General Jeff Sessions should stop this Rigged Witch Hunt right now, before it continues to stain our country any further"Continue...Read More
The first drilling that an exploration company has conducted on a project located in a historical mining district has demonstrated gold continuity. Sponsored ContentRead How This Risk Taking Combat Pilot Become a Successful Investor. Get the Book Now "Finding gold in the shadow of headframes" is one of the old adages of mining, and it's one that Goldplay Exploration Ltd. (GPLY:TSX-V;GLYZF:OTCQB)...Read More
Prices for domestic hollow steel sections made in Europe were flat for a third week during the usual seasonal summer lull, sources told Metal Bulletin on Wednesday August 1.Metal Bulletin's price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged at ?,?640-660 ($749- 773) per tonne delivered on August 1."It's very slow and very quiet. We've seen...Read More
Domestic prices for steel beams in Europe went up this week because demand has remained high, with some market participants expecting further price increases, sources told Metal Bulletin on Wednesday August 1.Metal Bulletin's weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe narrowed week on week to ?,?630-640 ($738-749) per tonne delivered on August...Read More
Turkey imported 581,315 tonnes of flat steel in June 2018, down 14.12% from 676,906 tonnes in June 2017, according to the Turkish Statistical Institute (TUIK), on cheaper domestic prices.Demand for flat steel is weak in the country's domestic market, so import figures should not increase in the coming months. In addition, the import prices are not competitive compared to local prices. Metal Bullet...Read More
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun.While I have gone on record as to why I do not think the GLD ETF is a wise long-term investment hold, I still...Read More
As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in July 2018.The case list below includes only updates. For other continuing cases this year, see the updates for January, February, March, April, May and June.1. Eurasian Economic Union (EEU): flat coated steel from China, Ukraine2. Viet...Read More
CloseGain/LossGold $1216.10-$8.50Silver$15.39-$0.14XAU75.87-1.85%HUI164.46-1.15%GDM589.15-0.71%JSE Gold1067.54+8.62USD94.65+0.13Euro116.62-0.35Yen89.56+0.04Oil$67.66-$1.1010-Year3.005%+0.047T-Bond142.125-0.84375Dow25333.82-0.32%Nasdaq7707.29+0.46%S&P2813.36-0.10% The Metals: Gold dropped $4.60 to $1220.00 in Asia before it rallied back to unchanged in London and then fell...Read More
The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers.The Permian shale play in West Texas is once again booming with drilling and is full of oil field workers, some of which are abusing drugs and alcohol to help them get through long shifts, harsh working condition...Read More