CloseGain/LossGold $1323.70+$0.20Silver$16.55-$0.03XAU79.67+0.98%HUI174.41+0.86%GDM607.04+0.60%JSE Gold1105.94-20.68USD89.88-0.25Euro123.42+0.34Yen94.06+0.37Oil$61.36-$0.6810-Year2.867%-0.030T-Bond144.75+0.59375Dow25178.61-0.62%Nasdaq7588.32+0.36%S&P2783.02-0.13% The Metals: Gold fell $9.10 to $1314.40 at about 8AM EST, but it then rallied back higher throughout most of t...Read More
Full Article: Massive Investment Mistakes and Lucrative Opportunities: Q&A with Doug Casey Part 2By: Doug CaseyEditor's Note: Yesterday, you received Part 1 of the Q&A with legendary speculator Doug Casey, the Chairman of Casey Research. Below is the second part of the interview series where Doug and Marin talk about risk mitigation in junior markets, two cryptocurrency plays that they're inve...Read More
COLORADO SPRINGS, CO, March 12, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the purchase of the County Line gold property located in Mineral and Nye Counties, Nevada from Nevada Select Royalty Inc. ("Nevada Select"), a wholly-owned subsidiary of Ely Gold Royalties Inc. (TSX-V: ELY, OTC: ELYGF). Gold Resource Corporation is a gold...Read More
The Turkish steel mills paused their deep-sea scrap purchases on Monday March 12, following the news about the United States applying import duties under Section 232, heard late last week.Market participants were unsure about the future direction of the market after US President Donald Trump used his powers under Section 232 to officially sign the previously announced tariffs on steel and aluminiu...Read More
Recently, the gold/silver ratio broke and held above the 80 level for the first time since before 2000 and is now hovering at that level again. This have attracted much attention from commentators, at least one of whom saw it as a distinct opportunity for investors to "...sell gold and buy silver!" - advice that at first thought makes strange sense for PM bulls. Gold has been the focus for such a...Read More
Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More
U.S. Secret Service Also Frustrated with U.S. Mint's "Lack of Supporting Action" Washington, DC (March 12, 2018) - Congressmen Alex Mooney (R-WV) criticized the United States Mint for its "disappointing and concerning" lack of awareness or action on the growing problem of high-quality counterfeits of U.S. precious-metals coins entering the country from China and elsewhere.In a letter dated March...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as a...Read More
Felix Sater, the man at the center of a controversial email "tying" President Trump to Russia while trying to work a business deal, has come forwardContinue...Read More
Demand for imported scrap in Turkey could suffer as a result of the United States applying tariffs on shipments of Turkish steel, a spokeswoman for German steel recycling association BDSV told Metal Bulletin on Monday March 12.Lower demand for Turkish steel in the US under tariffs could lead to a drop in steel production in Turkey and lower scrap demand from the country, the spokeswoman said.Altho...Read More
By Frank HolmesStrengths? The best performing metal this week was silver, up 0.43 percent as hedge funds cut their bearish outlook. After mostly bearish opinions last week, gold traders are leaning more bullish this week on the yellow metal's performance. BullionVault's Gold Investor Index rose last month to 54.1, up from 52.7 the prior month, when it was at the lowest level sinc...Read More
Think back to the halcyon days of the dot com boom. This was a time after Greenspan declared "irrational exuberance". Long Term Capital Management collapsed in 1998, and Greenspan decided to risk propelling exuberance to a level beyond irrational. Super-duper-irrational exuberance?Anyway, Greenspan cut interest rates a few times in late 1998. Technology companies were able to raise $5 million or m...Read More
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By Keith WeinerThink back to the halcyon days of the dot com boom. This was a time after Greenspan declared "irrational exuberance". Long Term Capital Management collapsed in 1998, and Greenspan decided to risk propelling exuberance to a level beyond irrational. Super-duper-irrational exuberance?Anyway, Greenspan cut interest rates a few times in late 1998. Technology companies were able to rais...Read More
Turkish domestic scrap prices have moved in varying directions over the past week, with some mills raising their buy prices for auto bundle scrap, while another mill reduced its buy price for ship scrap, sources said on Monday March 12.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) in Turkey was TRY1,260-1,420 ($330-372) per tonne delivered on March 12, widenin...Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - The intermediate correction from 2872 could continue until mid-May, but is mostly behind us.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which d...Read More
"Kevin, are we going for an additional tax cut, I understand?" Trump asked, drawing laughter from those gathered for the event. "Huh? He's the king of those tax cutsContinue...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.Mr. Celente, thanks again for the time today and welcome back.Gerald Celente: Oh, it's always great being on. Thank you.Mike Gl...Read More
The reduced availability of steel billet and increased prices for ferrous scrap resulted in the global steel billet market trending mostly upward during the week ended Friday March 9, Metal Bulletin has learnt.CIS, Turkey, North AfricaCIS export billet prices continued to climb during the week, supported by strong demand, lower supply of the semi-finished material and rising scrap costs.Mills were...Read More