From A Technical Analysis PerspectiveCrude remains short-termbullish as long as the nearest WTI contract trades above the blue dottedhorizontal support region.Oil ran up and made higherhighs inside the pale blue trend channel. The progress got confirmed bygeopolitical newsflow. Moreover, the most important commodity price gained despitea stronger US dollar. A breakout above the January 2018 h...Read More

 CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41%  The Metals: G...Read More

In light of feedback received as part of the consultation on its international cobalt price specifications, Metal Bulletin will change the names of its benchmark in-warehouse Rotterdam assessments from January 2019. From January 2019, the name 'standard-grade' will replace the name 'low-grade'. The name 'alloy-grade' will replace the name 'high-grade'. The last date prices will be published under...Read More

HighlightsLynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on risk of impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion. In only 100 years the purchasing power of the dollar has evaporated, data from the Federal Reser...Read More

First published on Sun May 6, 2018 for members of ElliottWaveTrader.net:A sideways correction lasting a year and a half certainly does a lot to sour investors on a market.And, even though we have not dropped below 20 in GDX this entire time and the GLD has been consolidating just under its breakout region for months, the bearishness and frustration in the complex is palpable.In fact, I have even s...Read More

 CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41%  The Metals: G...Read More

Prices of Chinese domestic battery-grade lithium compounds stemmed the recent downtrend, while prices in other regions assessed by Metal Bulletin dipped on Thursday May 10. Battery-grade lithium compounds spot prices in China stabilized this week Rest-of-the-world battery-grade lithium compounds softened due to price falls in the Chinese domestic market over the past three weeks Sluggish...Read More

By Steve St. AngeloMost Americans don't know, but the housing market is heading toward another epic bubble. However, the bubble forming today is much different than the subprime housing meltdown in 2007. Back in 2007, there was an oversupply of homes, whereas today there is a shortage. With more buyers than sellers bidding up prices, the U.S. median home price value hit a new record high o...Read More

 CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41%  The Metals: G...Read More

Full Article: You might want to think about ditching the FANG stocks for gold minersBy: Jesse FelderRising gold prices could result in major gains for these stocks: Barrick Gold, Agnico Eagle, Nemont Mining and Goldcorp.These BANG stocks are trading at a significant discount to its normal range. Full Article: You might want to think about ditching the FANG stocks for gold minersBy: Jesse Felder...Read More

This first chart is a daily line chart for GLD which shows it has completed 5 reversal points so far and is working on the all important 6th reversal point back up to the top rail. This is where the bulls need to step up to the plate. The weekly chart below shows the 2 1/2 year triangle that has been building out with 5 completed reversal points so far. A touch of the bottom rail will complete the...Read More

By Avi GilburtFirst published on Sun May 6, 2018 for members : A sideways correction lasting a year and a half certainly does a lot to sour investors on a market. And, even though we have not dropped below 20 in GDX this entire time and the GLD has been consolidating just under its breakout region for months, the bearishness and frustration in the complex is palpable. In fact, I have even...Read More

By Ira EpsteinGold consolidates but still doesn't look ready to move much. https://www.iraepstein.com/ Read More

Mark Levin takes the macro view - the Constitutional view - of what Mueller, Comey and the rest of the crime syndicate is trying to do to the President.Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books...Read More

Hot-rolled coil prices in the United States inched up for a third straight week as some market participants questioned whether widespread speculation about a summer correction would survive a recent plunge in imports.American Metal Market's hot-rolled coil index stands at $43.96 per hundredweight ($879.20 per ton), up 0.2% from $43.87 per cwt ($877.40 per ton) a week ago and up 34.7% from $32...Read More

Full Article: Multibillion Dollar Shipwreck Found Off ColombiaBy: Rossella LorenziColombia has found what may be the holy grail of treasure shipwrecks - an 18th century Spanish galleon that went down off the country's coast with a treasure of gold, coins and precious stones now valued between $4 billion and $17 billion.The multibillion-dollar ship, called the San Jose, has been at a center of a d...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort198,54891,10857,613181,586316,570437,747465,291Change from Prior Reporting Period -11,029-11,690-8,5431,8514,963-17,721-15,270Traders18783864953282184 Small Speculators LongShortOpen Interest 53,65126,107491,398 1,363-1,088-16,358 non reportable positionsChange from the previous...Read More

By Ryan WildayOver the last few months, I have released a couple articles suggesting a potential bottom was in for the crypto market. Unfortunately, support levels that I called out did not hold, so I had to look lower.I am writing anew having seen a very bullish pattern off the recent lows struck on April 1. Currently, most of the coins we track have the "impulsive five," a pattern we look for...Read More

Some flat steel prices in Turkey's import markets fell this week, with demand remaining limited, market participants told Metal Bulletin on Friday May 11. Most domestic producers closed their order books for June production and have not announced new prices for July output. And with the Turkish lira continuing to lose value against other currencies during the week, imports are becoming i...Read More

Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certainGold nugget (placer gold) from Colorado, USA. Source: Commons.wikimedia.orgby Lawrence Thomas, Gold TelegraphThe demand for gold is increasing, yet new di...Read More