Indian local secondary billet prices this week showed a slight fall of about 200 rupees per tonne week-on-week, with buyers staying away from the market and the number of inquiries to mills dwindling.Prices for Indian domestic secondary billet, which is mainly produced through the induction furnace route, ended the week at 31,800-32,000 rupees ($497-501) per tonne ex-mill on Friday February 2. Thi...Read More

Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More

The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big new source of physical demand. Third, the huge number of gold-related initial coin offerings (ICOs) in this largely unregulated pipeline will r...Read More

The gold price had a good start for 2018, rising from 1310 at the start of January to a high of $1367 with the most recent trading price of $1351. Which is set against my forecast for 2018 for the gold price to first target resistance $1375, an eventual break of which would propel the Gold price towards a 2018 target of $1500, and then further for the Gold price to ultimately target a trend toward...Read More

Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More

By Avi Gilburt First published on Wed Jan 31 for members: While I would love to suggest that the market is ready to break out in a big way, I still have no clear indications that is the case just yet. And, this comes more so from the GDX than either of the metals themselves. So, I am going to focus on the GDX in this update.The action over the last two days has been a lot more convoluted t...Read More

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More

Transaction prices for domestic rebar in Poland have been largely unchanged over the past week because buyers have not accepted higher offers, sources told Metal Bulletin on Friday February 2.Metal Bulletin's weekly price assessment for domestic 12mm B500B-grade rebar in Poland was 2,320-2,370 zloty ($695-710) per tonne ex-works on February 2, compared with 2,310-2,360 zloty per tonne ex-works a w...Read More

In its outlook for 2018, Thomson Reuters GFMS analysts see gold prices rising to $1,500 an ounce sometime this year on inflation fears. This would put gold at a level unseen since April 2013.According to Thomson Reuters, the price appreciation could be driven by "concerns that the United States may pull out of NAFTA," or the North American Free Trade Agreement. NAFTA, of course, is the trade pact...Read More

April Gold, most immediately the one shown at 1373.10 (see inset). Odds that it will be achieved within the next couple of days would shorten significantly if buyers are able to push easily past the 1354.30 midpoint resistance. At the close of Wednesday's regular session, buyers were stalled precisely at that number, but the shallow pullback so far is encouraging. A higher target of larger deg...Read More

Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action. The drill...Read More

Ready or not, a trade war between the U.S. and China is underway.On Monday, Jan. 22, President Trump announced steep 30% U.S. tariffs on imports of solar panels and washing machines.Continue...Read More

CloseGain/LossOn WeekGold $1331.80-$18.20-1.32%Silver$16.60-$0.64-4.65%XAU83.88-4.25%-7.12%HUI188.03-4.41%-7.54%GDM642.62-2.88%-5.89%JSE Gold1228.89-15.95-6.41%USD89.16+0.57+0.07%Euro124.59-0.60+0.28%Yen90.85-0.59-1.22%Oil$65.45-$0.35-1.45%10-Year2.838%+0.059+6.73%Bond145.00-1.5625-2.58%Dow25520.96-2.54%-4.12%Nasdaq7240.95-1.96%-3.53%S&P2762.13-2.12%-3.85% The Metals: Gold fell $22.50 to a...Read More

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Raw materialsIron ore prices ended Friday on the rise after experiencing declines early in the week. Metal Bulletin's 62% Fe Iron Ore Index came to $74.39 per tonne cfr Qingdao, amid gains in the futures and steel markets.Trading activity in the seaborne coking coal market remained thin on Friday, with...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 For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you my free report on what to look for on candlestick charts to signal the next big...Read More

- CFTC fines UBS, HSBC and Deutsche Bank millions of dollars each for gold price manipulation - Deutsche Bank 'engaged in a scheme to manipulate the price of precious metals futures contracts'- UBS 'attempted to manipulate the price of precious metals futures contracts'- HSBC engaged 'in numerous acts of spoofing with respect to certain futures products in gold and other precious metals'- Gol...Read More

While I would love to suggest that the market is ready to break out in a big way, I still have no clear indications that is the case just yet.And, this comes more so from the GDX than either of the metals themselves.So, I am going to focus on the GDX in this update.The action over the last two days has been a lot more convoluted than one would think by simply looking at the chart. In fact, since w...Read More

Inevitably, all things must come to an end. Our entire problem with government is we have ZERO accountability and ZERO qualification standards Continue...Read More

Full Article: Gold Lunar CyclesBy: CEO TechnicianWhen Bob Moriarty first mentioned moon cycles being a powerful indicator in the gold market I immediately wondered if Bob had spiked his morning coffee with some whiskey. However, after following this indicator for a couple of years I have come to the conclusion that it has some value.Like any indicator it certainly doesn't work 100% of the time,...Read More

By Frank HolmesIn its outlook for 2018, Thomson Reuters GFMS analysts see gold prices rising to $1,500 an ounce sometime this year on inflation fears. This would put gold at a level unseen since April 2013.According to Thomson Reuters, the price appreciation could be driven by "concerns that the United States may pull out of NAFTA," or the North American Free Trade Agreement. NAFTA, of course, i...Read More