The Pope told Juan Carlos Cruz, a gay man who was raped by Catholic priests, that God loves gay people and it is fine to be homosexual.Continue...Read More

By Clint SiegnerPractically nobody enters the foreign exchange markets looking to buy and hold. Currency trading is generally a short-term game, and there isn't much regard for analysis of the longer-term fundamentals.That much is evident given the ongoing rally in the Federal Reserve Note dollar, despite its outlook being downright grim.Nobody should be fooled by recent outperformance relative...Read More

By Jeff Thomas of International ManSnollygoster is an archaic term for:"A fellow who wants office, regardless of party, platform or principles, and who, whenever he wins, gets there by the sheer force of monumental talknophical assumnancy."All right, that's a rather antiquated definition, but then, "snollygoster" is a very antiquated term. It hasn't been in use since the mid-1800's.Another defin...Read More

SHANGHAI, May 21 (SMM) – As the environmental inspection team from the central government settled in Baotou on Monday May 21, production of silicon-manganese alloy and ferrosilicon alloy is likely to be affected as plants shut down from Monday in Shiguai industrial park in Baotou city of Inner Mongolia, SMM learned. Though it was estimated that several hundred mt of silic...Read More

Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More

By Frank HolmesStrengths? The best performing metal this week was silver, down just 1.34 percent. Both gold and silver stabilized by Wednesday, after real yields surged about 9 basis points the first few days of the week, and then largely traded sideways the rest of the week. Despite the dollar the interest rates continued higher, but at a slower pace.? During the...Read More

The price of gold moved considerably lower in the past several weeks, despite the pause that we saw in the final part of the previous week. The yellow metal moved below $1,300 and confirmed this move by several daily closes below it. Moreover, gold confirmed the breakdown below the rising medium-term support line that's based on the daily closing prices of December 2016 and December 2017 lows. C...Read More

I sent you a video on Friday talking about how markets were finally showing clearer direction. The dollar has had the clearest break up after trading for months between 88 Continue...Read More

Ah, Italy. My people; fun to be around, a nightmare to govern. And now an existential threat to the European Union, the euro currency, and the global bond markets.After suffering for over a decade under a monetary regime designed by and for efficient economies like Germany, the Italian people have finally said enough, giving a majority of their votes in this month's election to parties that prom...Read More

COEUR D'ALENE, Idaho, May 21, 2018 (GLOBE NEWSWIRE) -- New Jersey Mining Company (NJMC) ("NJMC" or the "Company") announced today that it has sold its Toboggan project to Hecla Silver Valley, a wholly-owned subsidiary of Hecla Mining Company (HL) ("Hecla") for $3-million cash.New Jersey's Toboggan property sold to Hecla Silver Valley was comprised of the surface rights to the Little Baldy patent...Read More

Prices in the Russian market for hot-rolled (HR) and cold-rolled (CR) steel sheet were stable during the week ended Monday May 21 because buyers were waiting for a possible price reduction driven by the weaker export market."We will wait until June [before buying] because mills can cut their prices to us because of lower prices in the export market," a trader told Metal Bulletin. He added that pri...Read More

Here's a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread Continue...Read More

By JS KimI have long lamented the incessantly click-bait "gold ready to explode higher any day" and "silver ready to explode higher any day" headlines that torment the precious metals community frequently throughout most years. I have always kept hedging strategies in anticipation of these large price raids, and notification of bottom price targets and notifications of reversals in prices excl...Read More

By Keith WeinerMoney has a dual function. Please allow us to go deeper, and more philosophical than we typically do. We promise to tie this into our ongoing discussion of capital consumption. In the following, we will discuss some examples that use the dollar. We are not conceding that the dollar is money (i.e. the most marketable good, or the extinguisher of debt). We just need some simple case...Read More

Export prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have moved down again over the past seven days, with deals being reported at lower prices after mills cut their prices last week.Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $540-575 per tonne fob Black Sea on Monday May 21, widening from $550-570 per tonne a we...Read More

Jonathan Tepper (@jtepper2), chief editor of Variant Perception, and @John_Hempton, chief investment officer of Bronte Capital Management, share their macro and micro expertise on corporate concentration and corporate fraud.2:09 How do managers contend with increasing industry consolidation?8:51 "A time of disruption", while barriers to entry rise12:04 Summertime for corporate fraudJames "Jim" Gra...Read More

By Jeff Thomas of International ManSnollygoster is an archaic term for:"A fellow who wants office, regardless of party, platform or principles, and who, whenever he wins, gets there by the sheer force of monumental talknophical assumnancy."All right, that's a rather antiquated definition, but then, "snollygoster" is a very antiquated term. It hasn't been in use since the mid-1800's.Another defin...Read More

China's domestic hot-rolled coil prices remained unchanged on Monday May 21 amid subdued demand. Domestic Eastern China (Shanghai): 4,250-4,270 yuan ($666-669) per tonne, unchanged Northern China (Tianjin): 4,090-4,110 yuan per tonne, unchanged https://www.metalbulletin.com/My-price-book.html?Price=42402 Losses in the futures market resulted in buyers keeping their procurement rates low during the...Read More

The amount of initial coin offerings, or ICOs, has risen dramatically in the past couple of years as more companies flock to the new and controversial way to raise capital.Continue...Read More

The price of gold moved considerably lower in the past several weeks, despite the pause that we saw in the final part of the previous week. The yellow metal moved below $1,300 and confirmed this move by several daily closes below it. Moreover, gold confirmed the breakdown below the rising medium-term support line that's based on the daily closing prices of December 2016 and December 2017 lows. C...Read More