Gold moved lower in May and it's also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector is simply extremely boring. But with May now being over and with a new month, new factors are likely to come into play and the odds are that this month will be anything but boring. Especially, if we see th...Read More

By Avi GilburtBubbles in Nasdaq, bubbles in financial assets, bubbles in cryptos . . . bubbles are being reported everywhere. Moreover, more and more analysts are pointing to some financial crisis after another as each day goes by. Whether it is because of the cessation of QE, or because of the issues in Italy, or trade wars, etc., we are clearly not lacking for any reasons as to why this market...Read More

This blog post is a guest post on BullionStar's Blog by the renowned blogger JP Koning who will be writing about monetary economics, central banking and gold. BullionStar does not endorse or oppose the opinions presented but encourage a healthy debate.With Donald Trump close to re-instituting economic sanctions on Iran, it's worth remembering that gold served as a tool for skirting the the l...Read More

For most of the past few years, emerging market stocks and bonds were among the favorite investments of everyone from hedge funds to pension funds to retirees. Now, not so much. The next two charts (courtesy of Saturday's Wall Street Journal) show the huge recent run ending in January, to be replaced by a full-on rout. What happened? Well, it turns out that a big part of the apparent success of...Read More

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome back Axel Merk, President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a highly sought after guest at financial conferences and on news outlets throughout the world and it's great to have him back on with us.Axel, it's a pleasure to have you join us agai...Read More

By Keith WeinerPicture a scene in one of those action moves. Two guys are fighting for control over the steering wheel. The car is going 75mph, the road is narrow, and there is a drop over a cliff on one side. And there are lots of sharp curves.Central PlanningThis is a pretty good picture of the action at our central banks. Desperate men are fighting for who gets control of the monetary steerin...Read More

Trade wars will prevent gold from a big crash. The European commission has said that it will lodge a complaint against China (in WTO) for patent infringement along with complaints against the US over tariffs. There is also some speculation that the USA will coerce China to prevent it from using the yuan on petro dollar billings. All in all, other than economic factors the rest of the other fac...Read More

CIS export prices for rebar and wire rod continued to decline in early June under pressure from growing competition with Turkish suppliers as well as lower bids placed by customers.Metal Bulletin's weekly price assessment for CIS rebar exports was $545-550 per tonne fob Black Sea on Monday June 4, against $545-555 per tonne fob Black Sea last week.Russia's Abinsk Electric Steel Mill was offering r...Read More

Turkish steel producers have continued to book deep-sea scrap cargoes, with prices weakening further, sources said on Monday June 4.A steel producer in the Marmara region booked a European cargo late on June 1, comprising 20,000 tonnes of HMS 1&2 (75:25), 18,000 tonnes of a mixture of plate and structural scrap (P&S) and HMS 1, and 2,000 tonnes of busheling, at an average price of $334 per tonne c...Read More

Francine McKenna, (@retheauditors) transparency reporter at MarketWatch, joins the regular cast of characters to discuss auditing and accounting trends, and their crucial role for investors.4:07 What do investors get wrong about financial statements?8:41 Auditors do not draft financials13:49 Are certain law firms more likely to push the envelope?19:48 Do auditors have a fiduciary duty to investors...Read More

John adeptly answers FSN Member Jessy's question wondering if this time really is different. As Mark Twain said, "History doesn't repeat, but it does rhyme." Back in the Great Depression we were still on a gold standard, even though private holdings were outlawed. This put a lid on potential spending, although it wasn't perfect. Now, with the dollar being backed by nothing but a promise from the...Read More

Turkish domestic auto bundle scrap prices have gone down in line with the weakening imported scrap values, while ship scrap prices have remained stable over the past week, sources said on Monday June 4.A number of steel producers in the country have reduced their buy prices for auto bundle scrap by around TRY20-90 ($4-19) per tonne delivered.Alloy long steel mill Asil ??elik cut its buy price for...Read More

Physical iron ore prices softened on Monday June 4 amid losses in China's steel and futures markets.Metal Bulletin 62% Fe Iron Ore Index: $65.47 per tonne cfr Qingdao, down by $0.69 per tonneMetal Bulletin 58% Fe Premium Index: $53.51 per tonne cfr Qingdao, down by $0.05 per tonneMetal Bulletin 65% Fe Iron Ore Index: $86.30 per tonne cfr Qingdao, down by $0.10 per tonneMetal Bulletin 62% Fe China...Read More

"This has a lot to do with just not being competitive on a tax basis; not being competitive on a carbon tax basis, not being competitive on a corporate tax basis, and then on top of all this you've got tariffs coming in." Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the...Read More

Full description and comments at: https://www.peakprosperity.com/podcas...When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. And while legislation was passed in the aftermath to place restrictions on the 'Too Big To Jail/Fail' banks, it was heavily watered dow...Read More

Back in the late 1990s I interviewed for an analyst job with a value-oriented money manager. My main impression of our talk was how sad the guy was. The tech bubble was inContinue...Read More

The February mass shooting at a high school in Parkland, Florida prompted many parents to consider homeschooling. This is hardly surprising, as the misnamed federal "Gun-Free Schools"Continue...Read More

Mr. Putin has signed a law stipulating implementation of counter-sanctions towards the US and its allies.Continue...Read More

An explorer just released a PEA for its project in Peru. Great Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) has reported positive results for a Preliminary Economic Assessment (PEA) at the Coricancha gold-silver-lead-zinc-copper underground mine and mill complex. This site is located about 90 kilometers east of Lima, Peru."We are very pleased with the results of the Coricancha PEA as it confirm...Read More

James Kwantes, editor of Resource Opportunities, speaks with Ken Armstrong, the CEO of one of the more active diamond companies globally.Vancouver-based North Arrow Minerals Inc. (NAR:TSX.V) is one of the more active diamond exploration companies globally, with a portfolio of projects focused on Canada. Its most advanced-stage project is the large Naujaat deposit in Nunavut, which has a resource a...Read More