It's no secret that the US debt has gone exponential, much like the stock market. While Donald Trump may be an expert in corporate bankruptcy, he's never taken a country through Chapter 11 before. But it sure looks like he's going to get his chance, sooner rather than later. Which is why precious metals are still a good idea, especially because of the apathetic response they're currently receiving...Read More

By Craig HemkeAfter rising together through 2012, the past five years have seen a massive divergence between the total amount of accumulated U.S. government debt and the price of COMEX gold. When, if ever, will we see this correlation reappear? After falling together through the late 1990s, the price of COMEX god and the total accumulated U.S. debt began to rise together since 2002. With the hel...Read More

The import markets for flat steel products in South American countries were very muted this month because of the Chinese new year holiday, which took place February 15-21.The lack of trading has prevented import values from showing any major changes in the past few weeks, but prices are expected to rise in late February/early March with the arrival of fresh China-origin offers in the market.The la...Read More

In this episode of the Keiser Report, Max and Stacy discuss the lie observations about cable news channels and the hysterically funny details of famed investment newsletter writer, Dennis Gartman, getting rekt on FOMO - Fear of Missing Out - after his 'blockchain' investment goes horribly wrong. In the second half, Max interviews journalist and author, Matt Taibbi, about the political landscape he...Read More

By Dave KranzlerFed Head, Jerome Powell, is not an economist. He's a politician who made a lot of money at the Carlyle Group. He has an undergraduate degree in politics and went to law school. After working for awhile as a lawyer at a big Wall St. firm, Powell migrated to investment banking at Dillon Read. Powell must have built a relationship with Nicholas Brady at Dillon Read, because he jumpe...Read More

Ray Dalio, founder, chairman and co-CIO of Bridgewater Associates, discusses opportunities in China, Europe's challenges, U.S. inflation and his investment principles. He spoke in Beijing with Tom Mackenzie on "Bloomberg Surveillance."Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on th...Read More

By Frank HolmesDisney's Black Panther is in theaters right now, breaking all kinds of box office records and wowing audiences. The film features a fictional, highly-advanced African country known as Wakanda, whose vast wealth and prosperity are derived almost exclusively from the mining of a rare, fantastical metal called vibranium.In its own colorful way, Black Panther does an excellent job dra...Read More

Some flat steel import offer prices in the United Arab Emirates and Saudi Arabia decreased this week despite the strong demand in the UAE, sources told Metal Bulletin on Tuesday February 27.UAEHot-rolled coil was being offered to the UAE at $620-630 per tonne cfr from China and $650-660 per tonne cfr from India.Buyers were bidding $630 per tonne cfr for India-origin HRC.Ukraine offered the product...Read More

In today's video, Mike Maloney presents a series of charts that tell a story of severe undervaluation of silver in relation to gold. In addition, by comparing the Weekly Transparent Holdings and COT Reports for gold & silver, another narrative rears its head: Are these charts evidence that JP Morgan has been accumulating a massive position of physical silver, and that this is actually the story of...Read More

Graceland Updates By Stewart Thomson 1. For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.2. Please click here now. Double-click to enlarge this daily gold chart. 3. There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the cur...Read More

China's hot-rolled coil export prices exceeded the $600-per-tonne mark on Tuesday February 27 while the domestic market stabilized after Monday's surge.DomesticEastern China (Shanghai): 4,170-4,190 yuan ($660-663) per tonne, narrowed upward by 10 yuan per tonneNorthern China (Tianjin): 4,100-4,130 yuan per tonne, unchangedThe paper market made up for early losses in the afternoon, enabling spot pr...Read More

By Gordon LongSLIDE 5Going into last year we were tracking close to 33 Tipping Points. We thought 33 to be high, but somewhat expected the overall number to fall off going into 2018, with fewer but those ones likely being more elevated.What we have identified however going into 2018 are 44 Tipping Points with 11 categorized as "High Risk". High Risk has traditionally been approximately 5-7 in...Read More

"The deadly school shooting this month in Parkland, Florida, has ignited national outrage and calls for action on gun reform. But while certain"Continue...Read More

- New Asian gold trading corridor could boost demand for 1 kg gold bars- Should increase turnover for yuan-denominated gold coins and bars - President- Secure supplies of physical gold from Middle East and Asia for China- China positioning itself as leading gold trading and owning nationby Karen Yeung in the SCMPThe Chinese Gold & Silver Exchange Society (CGSE), Hong Kong's gold exchange, is...Read More

The crude oil price started 2018 with a BANG, rising from an opening $60 to a January peak of $67, that's a 12% gain in less than 1 month! Here is my latest updated expectations for the crude oil price for 2018:TEXT VERSION:Whilst here is a reminder of my opening expectations and forecast for the Crude oil price for 2018, which was for a bullish trend towards a target high of $80.01 Jan 2018 - Cru...Read More

Mexican steelmaker Grupo Simec increased its earnings by 6% year-on-year in the fourth quarter of 2017, amid lower costs and expenses, but did not manage to keep itself in profit for the three months.Earnings before interests, taxes, depreciation and amortization amounted to 1.13 billion pesos ($61 million) during the period, up from 1.06 billion pesos in the fourth quarter of 2016, the company sa...Read More

"It's a joke. It's an absolute joke."FED. BALANCE SHEET LINK: https://www.federalreserve.gov/moneta...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 r...Read More

For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.This is the daily gold chart.There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the current move looks much more positive.During the latest pullback from $1370, the bears have only managed to push the...Read More

Local and imported rebar prices in the United Arab Emirates and Saudi Arabia remained unchanged this week although the price of billet imports into the UAE increased, sources told Metal Bulletin on Tuesday February 27.Demand for locally produced rebar in the UAE was still strong.Domestic rebarThe major rebar producers in the UAE rolled over their prices for March and April production last week.The...Read More

10%. That's what February's flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed's incoming chairman, is saying that Continue...Read More