By Rory HallHaving a subscription to TFMetals Report is truly awesome. The knowledge that flows through that site, even on the free side, is truly remarkable. I was reading what Craig had to say about gold and silver making that huge move on Wednesday Feb 14, as I wasn't really able to find anything to support these "moon shots" that happened soon after the COMEX opened but of course, Mr. Hemke...Read More
By Avi GilburtWe have been here several times before over the last year. The market has bottomed, provided us with a strong rally, but has failed to confirm the major break out for which we have been looking. As I noted over the weekend, the 144-minute silver chart has been quite prescient in identifying turns in this market. And, it has still not yet failed us. But, the question is what...Read More
Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar. Gold in USD – 10 Years – (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises ...Read More
Prices for light iron, grade-5C steel scrap from the United Kingdom were largely unchanged this week, with buyers continuing to secure satisfactory volumes of material and paying current market prices, sources told Metal Bulletin on Friday February 16.The key scrap export markets in Turkey and India strengthened this week, but the knock-on effect to the UK grade-5C market has been limited so far,...Read More
Volatility has come storming back.Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days.Continue...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 Gold-Eagle Readers: Send me an email to trading@superforcesignals.com and I'll send you my special report on three key gold stocks set to extend their rallies and do in a...Read More
VANCOUVER , Feb. 16, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce we have entered the final stages of commissioning at the Moss Mine. We have commenced leaching ore on the pad in preparation for our first gold pour in Q1 2018. The final US$3M working capital draw is underway as we transition from developm...Read More
It's mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college.Continue...Read More
CloseGain/LossOn WeekGold $1348.70-$4.70+2.58%Silver$16.68-$0.20+2.21%XAU83.23-2.63%+6.23%HUI184.95-2.33%+5.96%GDM631.75-2.20%+5.84%JSE Gold1204.14+7.09+6.38%USD89.15+0.57-1.42%Euro124.12-0.90+1.42%Yen94.00-0.27+2.07%Oil$61.68+$0.34+4.19%10-Year2.871%-0.031+0.56%Bond144.28125+0.28125+0.39%Dow25219.38+0.08%+4.25%Nasdaq7239.47-0.23%+5.31%S&P2732.22+0.04%+4.30% The Metals: Gold gained $8.30 t...Read More
The price range for austenitic alloy steel scrap imported into mainland Europe rose by ?,?10-30 per tonne week-on-week on Friday February 16, after the nickel price rose sharply.Metal Bulletin's weekly price assessment on Friday for 18/8 stainless steel solids imported into mainland Europe was ?,?1,150-1,160 ($1,435-1,448) per tonne cif main European ports, compared with ?,?1,120-1,150 per tonne c...Read More
We have been here several times before over the last year.The market has bottomed, provided us with a strong rally, but has failed to confirm the major break out for which we have been looking. As I noted over the weekend, the 144-minute silver chart has been quite prescient in identifying turns in this market.And, it has still not yet failed us.But, the question is what type of turn are we seeing...Read More
In January the stock market recorded all-time highs in its strongest start since 1987, as investors gave a "thumbs up" to the Trump growth agenda of massive tax cuts, infrastructure spending and a loosening of regulations. Business too gave a "thumbs up" for an economic recovery that was tentative for so long but finally is taking root. And, few care that Mr. Trump's spending and slashing of taxes...Read More
Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar.Gold in USD - 10 Years - (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises in the cost of gaso...Read More
As a general rule, the most successful man in life is the man who has the best informationBy Richard (Rick) MillsThe stock market pullback of the last couple of weeks has shown that markets are jittery, and will likely be volatile for awhile as investors keep a vigil on rising bond yields (inflation) and potential interest rate hikes. In these uncertain times, one sector that appears to be holdi...Read More
US economics is extremely predictable. It doesn't matter who is President and what party he comes from. Because every president will spendContinue...Read More
Full Article: What Does a Broad Stock Market Correction Mean for Gold Stocks?By: Katusa ResearchDuring Volmageddon, we experienced the largest one-day point drop ever for the S&P 500 at 113.19 points, but an overall drop of 124.21 points within 24 hours.February 5th was the largest one-day point drop, it was nowhere near the all-time largest decline in percentage for one day. The largest one-da...Read More
The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking distance of...Read More
Steel scrap prices in the world's major markets remained firm during the working week from Monday February 12 to Friday February 16.Turkish steel mills continued their deep-sea scrap purchases for March, with prices going up slightly over the week.Meanwhile, the United States' export market enjoyed the demand from Turkish mills and expected stronger prices in the country's own domestic market.Impo...Read More
It's mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college. But in yet another example of how we baby boomers have rigged the system in our favor at the expense of pretty much everyone else, student loans - barely necessary when most boomers graduated 40 years ago - have become a life-defining...Read More
This conversation with Tony Deden didn't make it into the final cut of his recent Real Vision 2-part interview, so you'll sure as hell want to see what did. Watch the Grant Williams series on Real Vision and become a great investor: http://rvtv.io/2syx4qhIn Part I, Grant travels to Grindelwald, Switzerland for the first-ever interview with Tony Deden, chairman of Edelweiss Holdings. Tony's focus o...Read More