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

Philip Kennedy (philipkennedy.com) discusses the future of the economy under Trump and the potential needed to fix the underlying problems. The pair also take a look at the long term role cryptocurrencies can play in the economy and beyond.Read More

The movie "Thelma and Louise" was released in 1991. One theme it discussed was "crossing over" or going beyond the point of no return. The consequences were tragic.Markets occasionally experience "Thelma and Louise" (T&L) moments when they "cross over" into a new phase. The results are usually traumatic. Now is a good time to call Miles Franklin to convert over-valued digital assets into real silv...Read More

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

SHANGHAI, Mar 23 (SMM) – Demand for nonferrous metals will surge as new energy vehicles are booming in China, said Lei Hongjun, chief engineer of the Yangtse Automobile Group. This is because new energy cars will utilise more metals, especially copper and aluminium, than traditional cars, he explained.Rising sales and output of electric cars is the biggest boost in demand for nonfe...Read More

The light iron scrap market in the United Kingdom is unchanged this week, extending a steady trend from the previous week, although signs are emerging that prices may fall in the near term.The market has been steady for two weeks in a row after four weeks of price rises stemming from strengthening demand to key export markets such as Turkey and the Indian subcontinent. Metal Bulletin's price asses...Read More

There are a range of factors which drive the Kondratiev waves. Following Schumpeter, we have focused so far on technological innovations. However, debt cycles are also a key. What are they?The debt cycles are comprised of alternate leveraging and deleveraging of debt. The former occurs when people incur debt, increasing the debt-to-income ratio, or the debt-to-assets ratio. The latter is the oppos...Read More

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

The market for containerized ferrous scrap imports into India showed signs of softening this week amid poor scrap demand and weaker local steel prices, sources told Metal Bulletin on Friday March 23.Market participants shied away from buying imports at a time of uncertainty in the steel markets after no scrap deals were heard in the Turkish deep sea scrap market for the second consecutive week and...Read More

- Market turmoil as trade war concerns deepen and Trump appoints war hawk Bolton- Oil, gold and silver jump as 'Russia China Hawk' Bolton appointed- Oil up 4%, gold up 2.2% and silver up 1.6% this week (see table)- Stocks down sharply - Nikkei down 4.5%, S&P 4.3% & Nasdaq 5.5%- Bolton scares jittery markets already shell-shocked by US' tariffs against China- Currency wars and trade wars tend to pr...Read More

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

China isn't ruling out the possibility of scaling back purchases of US Treasuries in response to tariffs put in place by President Trump.Continue...Read More

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

"If 'a picture is worth a thousand words,' how many words is this worth?????" Michael Avenatti tweeted. Continue...Read More

Prices for Brazil-origin steel slab remained unchanged this week, but the market expects there to be increases after the country was temporarily exempted from tariffs related to the Section 232 investigation on steel imports in the United States.Metal Bulletin's weekly assessment of Brazil's slab export prices was $580-590 per tonne fob on Friday March 23, stable from the previous week.Most Brazil...Read More

China began buying key Chinese stocks in an effort to support its stock market on Friday, people familiar with the matter saidContinue...Read More

This article was written for Miles Franklin by Gary Christenson.The movie "Thelma and Louise" was released in 1991. One theme it discussed was "crossing over" or going beyond the point of no return. The consequences were tragic.Markets occasionally experience "Thelma and Louise" (T&L) moments when they "cross over" into a new phase. The results are usually traumatic. Now is a good time to call M...Read More

China's rebar prices fell sharply in both the domestic and export markets on Friday March 23 after futures plunged in response to the country's brewing trade war with the United States. Domestic Eastern China (Shanghai): 3,500-3,580 yuan ($553-566) per tonne, down 110-120 yuan per tonne Northern China (Beijing): 3,750-3,780 yuan per tonne, down 80 yuan per tonne US President Donald Trump unveiled...Read More

There are a range of factors which drive the Kondratiev waves. Following Schumpeter, we have focused so far on technological innovations. However, debt cycles are also a key. What are they? The debt cycles are comprised of alternate leveraging and deleveraging of debt. The former occurs when people incur debt, increasing the debt-to-income ratio, or the debt-to-assets ratio. The latter is the o...Read More

The base price assessments for flat and long stainless steel products in Europe have gone unchanged this week in a slow market, sources told Metal Bulletin on Friday March 23.Metal Bulletin's weekly base price assessment on Friday for 2mm, grade-304 CR stainless steel sheet was stable over the week at ?,?1,050-1,130 ($1,295-1,393) per tonne delivered in Northern Europe on Friday."Market activity w...Read More