Full Article: AS GOLD BREAKS OUT - THE WORLD IS ON THE PRECIPICEBy: Egon von GreyerzAs the world is standing on the precipice of a total breakdown, both economically and geopolitically, an obvious question is: "Where is the money coming from" to save the world from perdition. The same question was asked to Maharishi Mahesh Yogi in the 1970s when he was starting a global spiritual project. Maha...Read More

By Steve St. AngeloThe U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as the market price increased slightly month over month.Not on...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort225,80489,15854,354175,715337,515455,873481,027Change from Prior Reporting Period -11,48414,9391,8542,180-21,282-7,450-4,489Traders18785804455270185 Small Speculators LongShortOpen Interest 50,53725,383506,410 3,631670-3,819 non reportable positionsChange from the previous report...Read More

Back in 2005 a reporter took a tour of General Motors' headquarters, and in the resulting article one thing stood out: The executives and engineers the reporter interviewed were only modestly enthused about their sedans and sub-compacts. But they really liked talking about their expanded line of Hummers. Then oil spiked and gas prices hit records. And GM's bet on massive gas guzzlers blew up in...Read More

"We are in the process of evolving our emojis to reflect our values and the feedback we've received. Here's a preview:"Continue...Read More

Spot, battery-grade lithium carbonate prices continued to fall in China this week on thin buying activity, with buyers in no rush to buy ahead of the Labour Day holiday (April 29-May 1) and cautious given recent price declines.Chinese lithium carbonate battery-grade spot prices fall due to softer demand  Consumers of lithium carbonate battery-grade hold back on procuring material ahead of hol...Read More

By Nathan McDonaldHistoric. Simply historic. "We solemnly declare to our 80m Koreans and the world that there will no more war [sic] on the Korean peninsula and a new era of peace has begun." "It is our urgent historic assignment to put an end to this current abnormal state of ceasefire and establish a peace regime." "We have agreed to share a firm determination to open a new era in which all Ko...Read More

By Avi Gilburt & Xenia TaoubinaFor those that have followed the long-term bond market, you have likely seen many analysts attempting to call the top to the market. And, many have even tried multiple times. However, through the years, bonds continued to chug higher and high.On June 27th, 2016, we sent out a major alert to our members entitled "Beware of Bonds Blowing Up." Yes, we took o...Read More

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of...Read More

- Gold mining shares require timing and are speculative- Gold mining: "maximising risk, while minimising reward"- Gold mining is increasingly complicated, difficult & much riskier- Easier, more cost efficient and safer to buy physical gold than mining stocks- "If your strategy is buy and hold, or buy and forget, go for the metal, not the miners"- Owning allocated and segregated gold is a hedge...Read More

As a general rule, the most successful man in life is the man who has the best informationIf trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors and everyday consumers, and that is a curr...Read More

Import prices for flat steel in South America have increased this week, due to high-priced offers from China, Metal Bulletin has heard."[Chinese] export offers rose due to rising domestic values," a trader said on Friday April 27.China-origin offers of cold-rolled coil (CRC) were recorded at $680 per tonne cfr in Brazil and at $670-675 per tonne cfr along the region's Pacific coast.Meanwhile, Chin...Read More

SD Friday Wrap: Silver has gone down, gold is pinned down and under fire, and we are losing ground on the battlefield. Here's the situation...Editor's Note: This Friday Wrap was started on Friday at 1:30 p.m. EST and does not include any market/price action after that time.*****The gold to silver ratio is right at 80 again:The good news is that the 50-day moving average is pointing down, and we do...Read More

Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. As they have no cash flows, they cannot be valu...Read More

Coated coil prices in Turkey fell this week because of lackluster demand in both the local and export markets, sources told Metal Bulletin on Friday April 27.Domestic pricesOne Northern Turkish producer was offering 0.50mm hot-dipped galvanized coil (HDG) at $780 per tonne ex-works this week.Southern Turkish producers were offering the product at $810 per tonne ex-works this week, down from $820-8...Read More

By Steve St. AngeloThe U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as the market price increased slightly month over month.Not on...Read More

Is it Friday again? Must be time for another banking scandal! Seriously- these banking scandals are happening with such regularity and predictability Continue...Read More

Some flat steel prices in Turkey's domestic and export markets fell this week, with demand remaining limited, market participants told Metal Bulletin on Friday April 27. Buyers were expecting further price decreases because there has been no sign of an improvement in demand and the products booked now will be delivered in June at the earliest, which is the start of summer holidays in Turkey and it...Read More