The crude oil price started 2018 with a BANG rising from an opening $60 to a January peak of $67, a gain of 12% in less than 1 month! Whilst February saw the oil price give up all of Januarys gains by falling from $67 to $58 before recovering towards the top of the emerging $67 - $58 trading range. The oil price trading range trend for March (inline with my last update) set the scene for the curre...Read More
Full Article: Gold on the Verge of "Thousand Dollar" BreakoutBy: CMG WealthThe USD has just begun its third successive fall after another lower recovery high in a hugely strong multi-decade chart pattern, fueled by international economic feuds and an administration who favors weak-dollar policy to begin with.Full Article: Gold on the Verge of "Thousand Dollar" BreakoutBy: CMG WealthDisclaimer (C...Read More
Compagnie de Tifnout Tiranimine (CTT) has resumed cobalt production at its plant after operational difficulties resulted in a one-week closure. Operations restarted at the plant in Morocco this week and production is ramping up to normal levels, a source close to...Read More
Cranbrook, British Columbia (FSCwire) - Taiga Gold Corp (CSE: "TGC") (the "Company") announces that it has now launched its website, which can be viewed at www.taigagold.com.The company also announces that has established a tentative opening date for the trading in its securities of Monday, April 30th on the Canadian Securities Exchange ("CSE"). This date is intended to ensure that all sharehold...Read More
Everyone is talking about the incredible price move in silver on April 18, 2018. For years we have been talking about the setup in the metals markets and alerting our members to opportunities as they arise. Recently, we alerted our members to an incredible opportunity in Silver and we caught this move before it skyrocketed higher. Now, everyone wants to know what’s next. He...Read More
John Williams of Shadowstats.com, a leading online alternative economic-resource sees the potential for an explosive move in the PMs sector / commodities.According to Shadowstats, the official inflation numbers are significantly understated - consumers are being robbed as the pace of price increases exceeds wages. Shadowstats finds that the GDP is slowing at a rapid clip, which will be reflected...Read More
By Alasdair MacleodSince the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services in a modern economy are taken to include pensions, unemployment and disability benefits, healthcare and education. Most states also provi...Read More
By supporting this law, Trump has quite possibly done more to advance the growth of the legal cannabis industry than any other presidentContinue...Read More
By Rory HallThis is about as underreported as it gets. A tiny, almost nonexistent report appeared in Trend.az news service on Thursday April 19 announcing that Turkey's Central Bank had moved 220 tons of gold out of the Federal Reserve System to take possession in Turkey. Trend is also reporting that an additional 95 tons of gold is being moved out of the Federal Reserve and back to Turkey.Remem...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort237,28874,21952,500173,535358,797463,323485,516Change from Prior Reporting Period 2,831-4,866-2616,73916,3499,30911,222Traders19174754657271175 Small Speculators LongShortOpen Interest 46,90624,713510,229 1,332-58110,641 non reportable positionsChange from the previous reporting...Read More
Back in the 1500s, a financial agent of Queen Elizabeth I named Thomas Gresham observed that that "bad money drives out good." That is, if two kinds of money Continue...Read More
Gold remains largely forgotten, off the radars of most investors. But that's likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a coup...Read More
The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinleyContinue...Read More
Prices for hot-rolled coil (HRC) imported into India from South Korea have fallen by about $30 per tonne in the past month, with a southern India-based end-user booking a large shipment at $660-665 per tonne cfr Chennai port this week.Importers based in the northern port of Mumbai were unsuccessful in booking the South Korean shipment, which comprised about 25,000 tonnes of HRC, although it was fi...Read More
- 'Powerful bull market' will likely send gold to $5,000 to $10,000- If USD & Treasuries keep falling, stocks may decline at 'moment's notice'- Traditional portfolio of stocks and bonds will not protect investors- "Gold will replace bonds as the go-to hedge"by Brian Delaney of Secure InvestmentsGold is gaining momentum after a 5-year consolidation and is set to challenge the 2011 highs some tim...Read More
DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence Of several Threats to the Markets and Economy, there is one which is both Paramount and probable to be realized. But this Great Threat also provides an opportunity for Great Profit and Wealth Protection for those who...Read More
The first earning season after the tax changes is upon us. Earnings have not disappointed with many corporations posting the expected 20% earning surge YOY. But Insider selling more than doubled this past week.$370 Trillion in fiat money contracts are tied to LIBOR, which is set to die in 2021. The problem is all the contracts tied to that rate that come due AFTER 2021 and LIBOR is on the rise.Loo...Read More
Friday Wrap: Um, so if you're not on silver's side, you might want to raise that white flag right about now. Silver is about to make things really messy...This morning I asked if silver might test a 16-handle based on a new possible contrarian indicator?So far my theory is wrong, but either way, we're down, and it hasn't been an easy day to sit through.But we need to look at the bright side - we'r...Read More
Import prices for flat steel products in South America have all declined this week, on reduced buying appetite in the markets, Metal Bulletin has heard."There is low buying interest, with clients adopting a wait-and-see approach," a South America-focused steel trader said. "The market seemed to be weak in China [this week], with mills holding [back] their offers."Offer prices for China-origin hot-...Read More