Recent News

Miners' Rally? What Rally? Watch Out for More Fake Moves!

February 21, 2018 / news.goldseek.com

Remember how mining stocks soared on Valentine's Day and how we wrote that a rally is not necessarily bullish? Guess what - this rally has been more than erased. Miners not only closed below the February 14th opening price, but also below the February 13th and 12th closing prices. Mining stocks big rally turned out to be nothing more than just a regular 50% retracement during a decline - somethi...Read More

But, What About The Housing Market?

February 21, 2018 / news.goldseek.com

By Dave KranzlerA colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed a tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the headwinds of marginally higher interest rates and a consumer that is bulging from the eyeballs with debt. W...Read More

Mike Maloney: Will Cryptos Free Or Enslave Mankind?

February 21, 2018 / marketsanity.com

Mike Maloney recently gave a speech at Anarchapulco titled: Freedom or Enslavement: The Crypto Revolution. In this video he summarizes his greatest hopes and fears for the the Bitcoin/blockchain area. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highl...Read More

5 Big Drivers of Higher Inflation Rates Ahead

February 21, 2018 / news.goldseek.com

By Stefan GleasonInvestors got lulled into a state of inflation complacency. Persistently low official inflation rates in recent years depressed bond yields along with risk premiums on all financial assets.That's changing in 2018. Five drivers of higher inflation rates are now starting to kick in.Inflation Driver #1: Rising CPIThe Consumer Price Index (CPI) is a notoriously flawed measure of inf...Read More

EUROPE PLATE: Italian re-rollers raise prices on higher slab costs

February 21, 2018 / www.metalbulletin.com

Domestic prices for heavy steel plate in Southern Europe have increased this week with Italian re-rollers pushing their offers upward, sources told Metal Bulletin on Wednesday February 21.The increase was supported by growth in slab prices, according to market sources.Metal Bulletin's weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Europe was ?,?570-580 ($704-717) p...Read More

Dollar:Gold

February 21, 2018 / news.goldseek.com

By Gary SavageThis video examines the current cyclical setup of both the US Dollar and gold and details specific time and price projections for each in the upcoming 4 weeks.https://blog.smartmoneytrackerpremium.com/ Read More

5 Things Investors Should Know About China this New Year

February 21, 2018 / news.goldseek.com

By Frank HolmesLast Friday marked the first day of the Chinese Lunar New Year, also known as the Spring Festival, China's most important holiday. The fire rooster struts off-stage, clearing the way for the loyal earth dog. According to CLSA's tongue-in-cheek Feng Shui Index, health care, consumer and paper products are favored to outperform early this year, followed by internet, utilities and te...Read More

EUROPE SECTIONS: Southern EU tube mills raise prices again amid coil problems

February 21, 2018 / www.metalbulletin.com

Southern European tube mills have increased their prices for commodity-grade hollow steel sections again this week in an attempt to offset the pressures of higher prices and low availability in steel coil, sources told Metal Bulletin.Metal Bulletin's price assessment for Southern Europe-origin hollow sections was ?,?625-660 ($772-816) per tonne on Wednesday February 21, compared with ?,?625-655 pe...Read More

Zinc One Reports Final High-Grade Zinc Results from Sampling Program at Bongara Zinc Mine Project, Peru; Update on Current Drill Program

February 21, 2018 / news.goldseek.com

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZOF) (FSE: RH33) ("Zinc One" or the "Company") has received results from the final batch of surface and pit samples at its Bongar? Zinc Mine Project in north-central Peru. The program included a total of 446 samples from historic pits and surface channel samples from the Bongarita, M...Read More

Bitcoin or British Pound 'Pretty Much Failed' As Currency?

February 21, 2018 / news.goldseek.com

- Bitcoin has 'pretty much failed' as a currency says Bank of England Carney- Bitcoin is neither a store of value nor a useful way to buy things - BOE's Carney- Project fear against crypto-currencies or an out of control investing bubble?- Bitcoin will likely recover in value but is speculative and not for widows and orphans- British pound has been a terrible store of value - unlike gold- Pound...Read More

Ternium 'cautious' about US Section 232; no expected effects on trade

February 21, 2018 / www.metalbulletin.com

The recommendations made by the United States Department of Commerce for trade action against steel imports under its Section 232 powers would introduce "an elementary of uncertainty" into the market that would last until a final decision on the matter is made, according to Latin American steel group Ternium."We are looking at [this subject] with caution," M??ximo Vedoya, who will replace Daniel N...Read More

Martin Armstrong: Socialism Always Moves to Tyranny

February 21, 2018 / marketsanity.com

The economic message taught in most universities is very distorted. It universally teaches children to judge economic systems from the perspective of their victimsContinue...Read More

Gold Miners' Rally? What Rally? Watch Out for More Fake Moves! / Commodities / Gold and Silver Stocks 2018

February 21, 2018 / www.marketoracle.co.uk

Rememberhow mining stocks soared on Valentine’s Day and how we wrote that a rally isnot necessarily bullish? Guess what – this rally has been more than erased.Miners not only closed below the February 14th opening price, butalso below the February 13th and 12th closing prices.Mining stocks big rally turned out to be nothing more than just a regular 50%retracement during a decline &ndas...Read More

Jim Rickards: Turkey Will Be Ground Zero in the Next Global Debt Crisis

February 21, 2018 / marketsanity.com

Turkey is a beautiful country with a rich history including Greek, Roman and Muslim influences that make it one of the most fascinating places on Earth. Continue...Read More

Bitcoin or British Pound 'Pretty Much Failed' As Currency? / Commodities / Gold and Silver 2018

February 21, 2018 / www.marketoracle.co.uk

– Bitcoin has ‘pretty much failed’ as a currency says Bank of England Carney– Bitcoin is neither a store of value nor a useful way to buy things – BOE’s Carney– Project fear against crypto-currencies or an out of control investing bubble?– Bitcoin will likely recover in value but is speculative and not for widows and orphans– British pound has...Read More

EUROPE WIRE ROD: Prices unchanged amid strong demand expectations

February 21, 2018 / www.metalbulletin.com

Domestic prices for steel wire rod were unchanged across Europe over the past week, with market participants expecting strong demand in the coming months, sources told Metal Bulletin on Wednesday February 21.Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Northern Europe was ?,?545-560 ($673-692) per tonne delivered on...Read More

The End Is Near

February 21, 2018 / www.gold-eagle.com

The doomsayers have been calling for recession for years. Mainstream economists laughed at them, painting a rosy picture. However, the recent plunge in the stock market strengthened the pessimists' hand. They interpret the dive as a signal of a coming recession. Is the end of the stock market boom really near?What Lies Ahead?The recent stock market turmoil brought traders to their knees. We, of co...Read More

John Rubino: Return of the Bond Vigilantes...What does it mean for the Markets?

February 21, 2018 / marketsanity.com

John Rubino discusses how the Bond Vigilantes are enforcing a reconciliation of political myth with economic reality and what this means for stocks, bonds, commodities and precious metals.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to...Read More

Gold Seeker Closing Report: Gold Ends Lower While Silver Edges Up

February 21, 2018 / news.goldseek.com

CloseGain/LossGold $1324.50-$6.20Silver$16.48+$0.01XAU80.51-0.39%HUI178.65-0.19%GDM611.03-0.78%JSE Gold1147.05-5.55USD90.05+0.34Euro122.92-0.45Yen93.03-0.34Oil$61.68-$0.1110-Year2.936%+0.055T-Bond142.6875-1.1875Dow24797.78-0.67%Nasdaq7218.23-0.22%S&P2701.33-0.55% The Metals: Gold dropped $5.20 to $1325.50 in late Asian trade before it rallied up to $1332.90 in midmorning New York trade and...Read More

DAILY SCRAP REPORT: Turkish mills halt deep-sea purchases following Section 232 report

February 21, 2018 / www.metalbulletin.com

Turkish steel mills paused their deep-sea scrap purchasing activity on Wednesday February 21 after news broke of the delivery of the Section 232 report in the United States, according to market sources.The mills in the country were expected to book more cargoes for March but they have slowed down their transactions and have booked only one cargo since the US Department of Commerce delivered its re...Read More

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