"California, with its large immigrant communities, would be disproportionately harmed by depressed participation in the 2020 census,"Continue...Read More
China's hot-rolled coil prices recovered some losses on Tuesday March 27 following a rebound in the futures market.DomesticEastern China (Shanghai): 3,730-3,780 yuan ($593-601) per tonne, up 30 yuan per tonneNorthern China (Tianjin): 3,710-3,740 yuan per tonne, up 40 yuan per tonneThe paper market charted a recovery during the day after successive days of decreases, which provided support to the s...Read More
I've predicted that in 2018 the US stock market would suffer a series of crashes somewhat akin to the 1987 event, but smaller in size.this interesting chart of the US stock market. Clearly, these mini-crashes are starting to happen.Having said that, I haven't sold any of my US bank stocks and I have no plans to do so.I'm still "long and strong" with the bank stocks in this environment. Bank profit...Read More
Gold production numbersfor 2017 are still being compiled but estimates call for the first annualdecline in mine output since 2008.The gold price felldramatically in the months following the2011 peak in prices. It has languished at,or near, the cost of production for years. Low gold prices are having apredictable effect on mine output. Much higher gold priceswill drive more exploration and should b...Read More
The developed world has lived with unnaturally-low interest rates for so long that it's become hard to imagine what life in a normal financial system would be like. But as rates finally start to rise, some of the necessary lifestyle adjustments are emerging. A big one is the fact that the days of refinancing one's house every few years to extract free cash or lower the monthly mortgage payment a...Read More
Facebook says this archive will contain "sensitive info like your private Wall posts, photos and profile information".Continue...Read More
Do you hear the military march? The world's largest economies are flexing their muscles and preparing for war. Will gold win the trade conflict between the United States and China?So It BeginsTrade war. This topic dominated the recent days. Last week, President Trump announced plans for tariffs on about $60 billion of Chinese imports. In response, Liu He, China's vice-prime minister, told Steven M...Read More
By Gordon LongLet's start by making sure we understand the terminology we will be using in our discussion today. Too many times I hear people use these terms in the wrong and often confusing context.LIQUIDITY: is about AVAILABILITY of Money & Credit. This is the role of the central bankers, that is to ensure there is always sufficient but not excessive Money Supply available. Historically the pr...Read More
Graceland Updates By Stewart Thomson 1. I've predicted that in 2018 the US stock market would suffer a series of crashes somewhat akin to the 1987 event, but smaller in size. 2. Please click here now. Double-click to enlarge this interesting chart of the US stock market. Clearly, these mini-crashes are starting to happen. 3. Having said that, I haven't sold any of my US...Read More
On Thursday, March 22, the trade war that has been brewing between China and the U.S. broke into full-scale combat.Continue...Read More
Last Thursday, the Dow Jones fell 724 points. It followed up with a 424 point decline on Friday. Meanwhile, the Nasdaq fell 2.43% Friday.Most analysts blamed the plunge on fear of an all-out trade war between the US and China. But the Federal Reserve rate hike on Wednesday also likely played a part in the stock market decline. The markets don't like the prospect of having their easy-money punch bo...Read More
TimkenSteel will raise its special bar quality (SBQ) product prices by $50-150 per ton effective Wednesday March 28, the company said in a leading move on Tuesday. The move comes after SBQ mills in the United States slated base price increases effective with April 1 shipments. US producers raised SBQ base prices three times...Read More
Do you hear the military march? The world's largest economies are flexing their muscles and preparing for war. Will gold win the trade conflict between the United States and China? So It BeginsTrade war. This topic dominated the recent days. Last week, President Trump announced plans for tariffs on about $60 billion of Chinese imports. In response, Liu He, China's vice-prime minister, told Stev...Read More
Dear Friend of GATA and Gold:In commentary posted today at GoldSeek, headlined "GATA Is at It Again" --http://news.goldseek.com/GoldSeek/1522155660.php-- financial letter writer Avi Gilburt accuses GATA of routinely taking quotes out of context, starting with the mention made of GATA by the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, in his address to the London Bullion Market Associ...Read More
Listening to hysterical commentary from the mainstream media about President Trump's tariff proposals, one would think his policies were in violation of the U.S. Constitution. Continue...Read More
As I noted yesterday, stocks still have some life in them.Calling the precise top of a bubble is all but impossible. This is particularly true when you have a White House administration that openly admits it views stocks as a "report card." Rarely does the one being graded have the ability to manipulate the results of his or her "report card." In this case, the White House does.Having said that, m...Read More
Source: Jack Chan for Streetwise Reports 03/26/2018 Technical analyst Jack Chan charts recent movements in the gold and silver markets. -->Our proprietary cycle indicator is now up.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal. Short-term signals ca...Read More
By Graham Summers As I noted yesterday, stocks still have some life in them. Calling the precise top of a bubble is all but impossible. This is particularly true when you have a White House administration that openly admits it views stocks as a "report card." Rarely does the one being graded have the ability to manipulate the results of his or her "report card." In this case, the White House d...Read More
Prices for imported billet in the United Arab Emirates fell this week on lower offers, while strong demand pushed up domestic rebar prices, sources told Metal Bulletin on Tuesday March 27.Demand for imported rebar in both the UAE and Saudi Arabia remained weak, however. Domestic rebar The major rebar producers in the UAE announced new rebar prices on Monday, March 26. The biggest steel p...Read More