Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Summary: Timmy, a precocious ten-year-old opens a lemonade stand and learns about unbacked currencies."Dad, I'm excited and ready for business. Mom made me sign an IOU when she gave me sugar and frozen lemonade so I have stuff to sell." Timmy looked up at his father and smiled in anticipation."Great job! This'll be a learning experience. Here comes your first customer." James, his father, wanted t...Read More
Cranbrook, B.C., April 6th, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") (the "Company") announces that it has completed a special meeting approving the spin-out of certain Saskatchewan gold assets into a separate company named Taiga Gold Corp ("Taiga"). 99.7% of voters approved the Plan of Arrangement transaction in addition to other business put before the shareholders. Under terms of the...Read More
CloseGain/LossOn WeekGold $1333.00+$6.70+0.54%Silver$16.36-$0.03+0.12%XAU81.54+0.09%+0.52%HUI177.59+0.71%+1.24%GDM616.10+0.66%+0.61%JSE Gold1118.06+32.49-0.83%USD90.10-0.38+0.04%Euro122.83+0.45-0.17%Yen93.61+0.51-0.47%Oil$63.54-$1.48-2.16%10-Year2.777%-0.059+1.28%Bond146.03125+1.125-0.26%Dow23932.76-2.34%-0.71%Nasdaq6915.11-2.28%-2.10%S&P2604.47-2.19%-1.38% The Metals: Go...Read More
CloseGain/LossOn WeekGold $1333.00+$6.70+0.54%Silver$16.36-$0.03+0.12%XAU81.54+0.09%+0.52%HUI177.59+0.71%+1.24%GDM616.10+0.66%+0.61%JSE Gold1118.06+32.49-0.83%USD90.10-0.38+0.04%Euro122.83+0.45-0.17%Yen93.61+0.51-0.47%Oil$63.54-$1.48-2.16%10-Year2.777%-0.059+1.28%Bond146.03125+1.125-0.26%Dow23932.76-2.34%-0.71%Nasdaq6915.11-2.28%-2.10%S&P2604.47-2.19%-1.38% The Metals: Go...Read More
Indian steel mills are likely to increase domestic hot rolled coil (HRC) prices about 750 rupees ($12) per tonne following a surge in commodities' prices in the international market this week, sources told Metal Bulletin.Officials from at least two Indian mills confirmed that the domestic price for HRC in April will be hiked at least Rs750 per tonne. "The mills have not officially sent a revised p...Read More
Full Article: MICKEY FULP | Trade Wars, Metals, and YouBy: Proven and ProbableMaurice Jackson:Welcome to "Proven & Probable", where we focus on metals, mining and more. I'm your host, Maurice Jackson. Joining us for a conversation is Mickey Fulp, the Mercenary Geologist, to discuss trade wars and how you may benefit. Mr. Fulp, welcome to the show, sir.Mickey Fulp: Thanks a lot, Maurice. Alway...Read More
We began months ago, noting the 3 Amigos destined for their goals. Here's a post from November 2017 explaining the macro fundamentals involved:Updating the 3 Amigos of the MacroAmigo #1 (SPX vs. Gold): Either reach major theoretical resistance (it's a ratio, after all) or abort mission by establishing a downtrend.Amigo #2 (10yr yield to 2.9% and 30yr yield to 3.3%): Destinations reached!Amigo #3 (...Read More
Real estate tends to ride an emotional rollercoaster, as anyone who made it through the 2000s can attest. But in some ways the current market is even stranger than those of past cycles. Consider: Home buying market so brutal, some home buyers make offer sight unseen(CNBC) - This spring home-buying season should be a coming-out party for Millennials, many of whom are finally ready to make a purch...Read More
Most flat steel prices in Turkey's domestic and export markets were stable this week, and demand was still poor, market participants told Metal Bulletin on Friday April 6.Local producers were fully booked until June, and most of them have not announced new prices for June production yet.Domestic pricesHot-rolled coil (HRC) producers in Turkey have been offering material at $675 per tonne ex-works...Read More
Do you know how much a trillion is (we refer here to the short scale)? A billion is hard enough to imagine, much less a trillion. But let's try. We can write it as 1,000,000,000,000 - that's a 1 with twelve zeroes. In other words it's a million million, or ten to the twelfth (1012). One trillion of dollars in $100 dollar bills would stack up to about 631 miles high. Given that the average annual i...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,67768,08852,011162,608351,473449,296471,572Change from Prior Reporting Period -24,35512,410-11,3855,165-32,330-30,575-31,305Traders18068734757261168 Small Speculators LongShortOpen Interest 43,84521,569493,141 -5,974-5,244-36,549 non reportable positionsChange from the previo...Read More
Here are today's videos and charts (double-click to enlarge):SFS Key Charts & Video UpdateSF60 Key Charts & Video UpdateSF Juniors Key Charts & Video AnalysisSF Trader Time Key Charts & Video Analysis*********Unique Introduction For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you 3 of my next Super Force Surge Signals free of charge, as I send them to paid s...Read More
Domestic prices of hot-rolled coil (HRC) and cold-rolled coil (CRC) in Argentina increased this month amid recovering demand and higher international prices."There was a small adjustment in some prices," an Argentinian distributor said.Metal Bulletin's monthly assessment of Argentina's domestic HRC increased to $750-755 per tonne ex-works on Friday April 6, from $740-745 per tonne ex-works a month...Read More
By Gary TanashianWe began months ago, noting the 3 Amigos destined for their goals. Here's a post from November 2017 explaining the macro fundamentals involved:Updating the 3 Amigos of the MacroAmigo #1 (SPX vs. Gold): Either reach major theoretical resistance (it's a ratio, after all) or abort mission by establishing a downtrend.Amigo #2 (10yr yield to 2.9% and 30yr yield to 3.3%): Destinations...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Something strange has been happening in precious metals lately. Gold has been doing a lot better than silver, even as the paper market internals have increasingly predicted the opposite. The result is a gold/silver ratio that's near the top of its historic range:In the paper markets (where futures contracts are traded) the imbalance is even more glaring, with gold speculators extremely bullish (wh...Read More