"Today, I'm here to tell you one thing: Iran lied.""That's like five Hiroshima bombs to be put on ballistic missiles," Netanyahu said.Continue...Read More

Over and over again, the following statement or something similar continues to find its way into commentary about gold:“…prospects of higher US interest rates have the ability to limit upside gains. It must be kept in mind that Gold is a zero-yielding asset that tends to lose its allure in a high-interest rate environment”  A variation of that statement:“Because gold...Read More

COLORADO SPRINGS, CO, April 30, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its 2018 first quarter earnings conference call scheduled for Wednesday, May 2, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned...Read More

The USD Index reversed in a quite clear way on Friday and gold rallied. It looked like a great bullish combination for the precious metals sector, but was it really one? Gold moved higher on volume that was the lowest since the beginning of the year and this means that Friday's rally shouldn't be taken at its face value, but instead it should be closely inspected. Moreover, silver just did what...Read More

The final week of April was outstanding for the cryptocurrency market, with Bitcoin increasing in value after a sharp decline over the past few months. There have been a number of positive developments - from Nasdaq CEO endorsing cryptocurrencies to the exponential increase in the sales of Ripple XRP currency. Here is a recap of all the noteworthy developments in the cryptocurrency industry from l...Read More

Full Article: SWOT Analysis: Gold Traders at Their Most Bullish in a YearBy: Frank HolmesStrengthsThe best performing metal this week was palladium, up 9.16 percent on concerns new Russian sanctions announced at the start of week could disrupt supplies. Gold traders and analysts are at their most bullish on the gold price in a year, according to the weekly Bloomberg survey. Gold ETFs saw holdings...Read More

By Clint SiegnerGold and silver have risen substantially off the price bottom put in just 2- 1/2 years ago, but the gains have yet to attract much notice. Gold has gained roughly 28% and silver is up 20%.Meanwhile, another metal has more than doubled since bottoming. This performance should have been more than enough to catch the attention of metals investors, if only they were watching. The me...Read More

In this article, we are going to explain and show you an interesting pattern that has been slowly forming over the past year in the precious metals sector. This pattern along with our analysis point to a significant rally to start in the next 4 months for gold, silver, platinum, palladium, and miners.Before we get into the details, below, it is important for every trader to step back and look at t...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12April 30, 2018 It's one of the fundamental principles of the stock market: when interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies with their sky-high price-to-earnings multiples should be among the biggest losers in an...Read More

By Gary TanashianWith gold testing its 200 day moving average this morning I thought I'd reproduce the first part of the precious metals segment from week's Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.[edit] Steve Saville updates gold's 'true fundamentals' here. Notice at the end what is not considered fundamentally mate...Read More

By Jordan Roy-Byrne CMT, MFTA It was music to gold bug ears. We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new. But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot. Gundlach's comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold s...Read More

LatestPrice – $16.47Pattern – price looks to have been in a corrective patternever since the impulsive move up off the December 2015 low culminating in the July2016 high. I expect this corrective phase is in its very final stages. WeeklyChartBollingerBands – price has been toing and froing between the upper and lower bands whichis typical of corrective action. Price is now back a...Read More

SHANGHAI, Apr 30 (SMM) – Silicon prices remained stable but still hovered at low levels for the week ended Friday April 27.The price of non-oxygen #553 silicon at Huangpu Port stood at 12,500 yuan/mt during the week. This compared with 12,850 yuan/mt during the same period last month. Some plants raised offers for low-grade silicon due to relatively stronger demand, and a few order...Read More

By Frank HolmesStrengths? The best performing metal this week was gold, down 0.92 percent. This week was fairly negative for gold as the dollar held strong and the 10-year Treasury yield reached its highest since 2014 to 3 percent. A new use of blockchain technology will allow jewelers to track diamonds and gold from where they were mined to where they will be sold in retail. F...Read More

Turkey's biggest steel producer, Erdemir Group, sold 1.937 million tonnes of flat steel products in January-March 2018, up by 9.19% from the 1.774 million tonnes sold in the corresponding period of 2017, the group said last week.The group reported earnings before interest, taxes, depreciation and amortization (Ebitda) for January-March 2018 of TRY1.67 billion ($411.91 million*). This was up by 25....Read More

By Steve St. AngeloWhen it comes to what happens during the next major market correction-crash, we can count on that "this time will be different" for the gold and silver prices. While many precious metals investors believe that gold and silver will crash along with the broader markets, the charts and data suggest the opposite.In my newest video, Why Gold & Silver Won't Crash Along With The St...Read More

By Keith WeinerA reader asked us this week about the personal savings rate. Most people can sense that something is wrong if the rate is in a long-term falling trend, or if it falls too low (whatever level that may be). We argue that falling savings is part of the larger process of capital destruction. And unfortunately, one should expect falling savings rates when there is falling yield purchas...Read More

CIS exporters of rebar and wire rod increased their offers in the week ending Monday April 30, on improving demand and low stocks in the global market, and in China in particular."At the moment we see an increase in demand in the major sales outlets. Stocks of material are minimal and there is already a [shortage] in the markets," a producing source told Metal Bulletin. Metal Bulletin's weekly pri...Read More

Economists have been struggling to explain how unemployment can fall to 4% without wages starting to accelerate. The following chart shows paychecks rising at about the rate of inflation over the past five years, which means the average worker's earnings don't buy much more now than in 2013. The reasons for this glacially slow recovery include demographics, debt, foreign competition and automati...Read More

By Avi GilburtAs the market continues to whipsaw market participants, it has certainly left many of you scratching your head.As each day goes by, it offers me another opportunity to chuckle when I see so many attempts by pundits to try to explain what latest news events cause each whipsaw. And when they try to fit their square pegs into round holes, or, when they don't have any pegs at all when...Read More