Recent News

COT Gold, Silver and US Dollar Index Report - March 23, 2018

March 23, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort223,88275,151102,004173,307340,577499,193517,732Change from Prior Reporting Period -10,5498,66819,29111,703-9,83720,44518,122Traders17890965160278205 Small Speculators LongShortOpen Interest 46,30627,767545,499 -1,70861518,737 non reportable positionsChange from the previous repo...Read More

TURKEY FLAT STEEL: Some prices dip as demand slides again

March 23, 2018 / www.metalbulletin.com

Some flat steel prices in Turkey's domestic and import markets went down slightly this week, although export prices were unchanged despite weak demand, market participants told Metal Bulletin on Friday March 23.Local producers were fully booked until June.Domestic pricesHot-rolled coil (HRC) producers in Turkey have been offering material at $665-670 per tonne ex-works for late-May and early-June...Read More

Eric Sprott discusses the latest Fed meeting and the ongoing drop in the stock market and then explains how this relates to gold and silver prices

March 23, 2018 / marketsanity.com

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

This Company Could Become a Top Explorer in Nevada

March 23, 2018 / www.theaureport.com

Jeb Handwerger of Gold Stock Trades profiles a company that he believes is in the right place at the right time. I recently heard an interview with Van Eck Gold Fund Manager Joe Foster, one of the smartestminds in the industry, who expects a major economic slowdown over the near term and a stockmarket decline that will increase risk, volatility and cause a huge move in gold.That is exactly what I...Read More

Hidden No More, The Currency Wars Take Center Stage

March 23, 2018 / news.goldseek.com

By Nathan McDonaldThe market stands on a sinkhole, waiting for the next feather to drop. A feather that will bring down the system and send us into another economic crisis that will make the 2008 crash look like an opening act. For years, I and many others within the precious metals space have written about a hidden war unfolding behind the scenes. To those with wide open eyes, you can see it, y...Read More

Investors not yet sold on Pacific power play

March 23, 2018 / www.mining-journal.com

Investors are a little circumspect about Australian remote-power generator Pacific Energy's debt-funded A$90 million (US$70 million) acquisition of rival Contract Power Group (CPG), and suspension of dividend payments, marking Pacific's shares down slightly after it emerged from a trading halt.Staff reporter Panoramic Resources' Pacific Energy power plant in Western Australia23 MARCH 201823/03...Read More

CHINA HRC: Prices nosedive amid trade tensions with US

March 23, 2018 / www.metalbulletin.com

China's hot-rolled coil prices tumbled on Friday March 23 along with the paper market amid mounting trade tensions between the country and the United States.DomesticEastern China (Shanghai): 3,760-3,800 yuan ($594-600) per tonne, down 120 yuan per tonneNorthern China (Tianjin): 3,710-3,740 yuan per tonne, down 160 yuan per tonneHRC futures slumped during Thursday night's trading session with risk...Read More

Jordan Roy-Byrne: 2018 Likely to Set Off Large Gold Rally

March 23, 2018 / marketsanity.com

Jordan discusses the latest in the gold market and how it has been quite subdued. He is not predicting an imminent breakout although one should be looking to take advantage of the value out there. Juniors are unlikely to get much cheaper than where they are now, so there is minimal downside risk. The market will improve it's just a matter of timing. There is still a bit of time before we make the...Read More

The Problem with the TSX Venture Exchange

March 23, 2018 / www.theaureport.com

Precious metals expert Michael Ballanger takes a look back at the highs and lows of the TSX Venture, contemplates the zinc and silver markets, and comments on "bullish" acquisition.To start, take a look at the chart I have posted below and tell me that is not a great-looking chart. It is the chart of the TSX Venture Exchange, the exchange that has financed a great many of the world's biggest disco...Read More

Trading Barbs Down To The Wire

March 23, 2018 / news.goldseek.com

The opening salvos have been fired and the body count could soon start piling up. No, I am not talking about the steel and aluminum tariffs announced by Trump a couple of weeks ago (which seemed to be more of a ploy to try and encourage favorable NAFTA/trade negotiations rather than a real act of 'war'). Rather, the sides doing battle now are the world's two biggest economic guns - the U.S....Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain on the Week While Stocks Drop 6%

March 23, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1345.70+$17.40+2.44%Silver$16.53+$0.14+1.22%XAU81.50+2.66%+3.56%HUI176.86+3.01%+3.33%GDM616.94+2.55%+3.08%JSE Gold1131.26+41.30+7.65%USD89.45-0.33-0.84%Euro123.56+0.45+0.56%Yen95.70+0.61+1.46%Oil$65.88+$1.58+5.68%10-Year2.812%-0.009-1.16%Bond145.00+0.25-0.32%Dow23533.20-1.77%-5.67%Nasdaq6992.67-2.43%-6.54%S&P2588.26-2.10%-5.95%  The Metals: Gold...Read More

Gold and Silver Possession Is a Constitutional Right - and a Practical Imperative / Commodities / Gold and Silver 2018

March 23, 2018 / www.marketoracle.co.uk

By DavidSmith, It's a safe bet that most readers of this column who holdphysical precious metals – gold, silver, platinum and palladium – do so becausethey view them as a store of value. Gold and silver especially, have served inthe role of honest money for at least five millennia.With a melting point 700 degrees higher than gold, the Spaniardsweren't able to determine how to utilize p...Read More

STEEL WEEK IN BRIEF: Trade tensions between US-China, falling raw materials costs, Section 232 takes effect...

March 23, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Increasing trade tensions between the United States and China had significant repercussions on the global steel markets on Friday March 23.Ferrous futures in China plunged during the morning trading session, with both countries announcing tariffs on each other's products.China has announced plans to imp...Read More

Gold Juniors' Q4'17 Fundamentals

March 23, 2018 / news.goldseek.com

The junior gold miners' stocks have spent much of the past year grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling taxphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn't mislead them. The juniors' recent Q4 results...Read More

Gold Junior Mining Stocks GDXJ Fundamentals / Commodities / Gold and Silver Stocks 2018

March 23, 2018 / www.marketoracle.co.uk

The junior gold miners’stocks have spent much of the past year grinding sideways near lows, sappingconfidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by thedazzling taxphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herdsentiment doesn’t mislead them.  Thejuniors&rsq...Read More

GoldSeek Radio Nugget: Bill Murphy and Chris Waltzek

March 23, 2018 / news.goldseek.com

HighlightsBill Murphy of GATA.org returns with his perspective on the PMs sector. Savvy central banks around the globe recognize the strategic significance of bullion as sound money as seen by the continuing trend of PMs accumulation. Russia recently added several tons of 70 lbs. silver bars to the national stockpile. The silver bullion market is vulnerable to a short-squeeze, merely one billion...Read More

Gold And Silver Possession Is A Constitutional Right - And A Practical Imperative

March 23, 2018 / www.gold-eagle.com

It's a safe bet that most readers of this column who hold physical precious metals - gold, silver, platinum and palladium - do so because they view them as a store of value. Gold and silver especially, have served in the role of honest money for at least five millennia.With a melting point 700 degrees higher than gold, the Spaniards weren't able to determine how to utilize platinum, but they still...Read More

WTO members 'concerned' about US tariffs' effect on global trading

March 23, 2018 / www.metalbulletin.com

Members of the World Trade Organization (WTO) have voiced concerns about the decision by the United States to impose tariffs on imports of steel and aluminium, and the effect these may have on the global trading system.More than 40 members, including the 28 nations of the EU, took the floor at the WTO's Council on Trade in Goods on Friday March 23 to speak against the measures taken by the US.The...Read More

Elon Musk Deletes Facebook Pages for SpaceX and Tesla

March 23, 2018 / marketsanity.com

Elon Musk deleted the Facebook pages for SpaceX and Tesla on Friday after Facebook has come under heavy fire for it's privacy protections Continue...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain on the Week While Stocks Drop 6%

March 23, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1345.70+$17.40+2.44%Silver$16.53+$0.14+1.22%XAU81.50+2.66%+3.56%HUI176.86+3.01%+3.33%GDM616.94+2.55%+3.08%JSE Gold1131.26+41.30+7.65%USD89.45-0.33-0.84%Euro123.56+0.45+0.56%Yen95.70+0.61+1.46%Oil$65.88+$1.58+5.68%10-Year2.812%-0.009-1.16%Bond145.00+0.25-0.32%Dow23533.20-1.77%-5.67%Nasdaq6992.67-2.43%-6.54%S&P2588.26-2.10%-5.95%  The Metals: Gold...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok