Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an attempt to protect people from advertisements promoted by "financial products and services Continue...Read More
The Debt Markets are beginning to flash multiple warnings that "all is not well."High yield credit, also called Junk Bonds, leads stocks and most risk assets to the upside. With that in mind, consider that the High Yield Credit ETF (HYG) has broken its uptrend from the 2016 bottom.This is a MAJOR warning that the "risk on" move of the last few months is stalling out if not preparing for a correcti...Read More
CloseGain/LossGold $1336.80-$5.20Silver$17.11-$0.07XAU86.56-1.03%HUI194.03-0.89%GDM656.14-1.09%JSE Gold1239.40-60.77USD89.23-0.13Euro123.97+0.14Yen91.97+0.06Oil$64.50-$1.0610-Year2.724%+0.033T-Bond147.34375-0.78125Dow26076.89-1.37%Nasdaq7402.48-0.86%S&P2822.43-1.09% The Metals: Gold dropped $7.50 to $1334.50 in Asia before it bounced back to $1348.90 by a little after 9AM EST, but it then...Read More
By Ira EpsteinGold and silver fall into support levels off of rising US interest rates and stock market correction.https://www.iraepstein.com/ Read More
The DOJ and SEC have begun investigating an Apple software update that slows down older iPhones, according to a story from Bloomberg published Tuesday. Continue...Read More
The Debt Markets are beginning to flash multiple warnings that "all is not well."High yield credit, also called Junk Bonds, leads stocks and most risk assets to the upside. With that in mind, consider that the High Yield Credit ETF (HYG) has broken its uptrend from the 2016 bottom.This is a MAJOR warning that the "risk on" move of the last few months is stalling out if not preparing for a correcti...Read More
VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) - MGX Minerals Inc. ("MGX" or the "Company") (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that wholly-owned subsidiary ZincNyx Energy Solutions, Inc. ("ZincNyx") has commenced development of a scaled-up 20 kW system for use in utility-scale battery storage. The 20kW/160kWh modules represent a 4x increase in both energy a...Read More
Most of the prices for rebar and billet in the United Arab Emirates and Saudi Arabia were stable this week while imports were silent, sources told Metal Bulletin on Tuesday January 30.Demand for local rebar, meanwhile, was strong in the UAE. Domestic rebar Major local rebar producers in the UAE announced new prices on January 16. The country's biggest producer, Emirates Steel, is offering rebar at...Read More
Technically and fundamentally, gold is poised to resume its magnificent rally that is taking investors into what I call a "bull era."The next FOMC meeting announcement is tomorrow. I expect the Fed to strongly signal more rate hikes and ramped up quantitative easing. There's an outside chance that bank deregulation is addressed, but that's likely going to happen in the next meeting.Regardless, eve...Read More
Many are the metaphors used to describe the agent that initiates a major crisis. Light the fuse, or pull the trigger, pull the rug out from under the room, or pull on the string for unraveling the sweater, these are commonly heard. What comes soon is the Bonfire of the Vanities, a term the Jackass prefers since irony is thick. Hardly the burning of objects deemed as tempting toward occasions of...Read More
"The Federal Reserve is effectively becoming a net seller of Treasury debt as it shrinks its balance sheet, and foreign central banks probably will not purchaseContinue...Read More
Full Article: "Gold And Silver Are Going to Explode" By: Bill MurphyGold and silver should be trading at much higher levels when compared with historical prices, said Bill Murphy, Director of the Gold Anti-Trust Action Committee."Two of the markets that should be on fire are gold and silver," Murphy told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "when you look...Read More
China's domestic rebar prices were flat on Tuesday January 30 amid weak futures and sparse trading.Domestic Eastern China (Shanghai): 3,820-3,890 yuan ($603-614) per tonne, unchanged Northern China (Beijing): 3,900-3,940 yuan per tonne, unchanged Weakening futures kept the spot market bearish and resulted in buyers lowering their procurement rates further during the day. But sellers kept their off...Read More
Graceland Updates By Stewart Thomson 1. Technically and fundamentally, gold is poised to resume its magnificent rally that is taking investors into what I call a "bull era".2. The next FOMC meeting announcement is tomorrow. I expect the Fed to strongly signal more rate hikes and ramped up quantitative easing. There's an outside chance that bank deregulation is addressed, but tha...Read More
Frank Holmes, CEO and chief investment officer of US Global Investors, talks about gold, blockchain technology and more.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
Many are the metaphors used to describe the agent that initiates a major crisis. Light the fuse, or pull the trigger, pull the rug out from under the room, or pull on the string for unraveling the sweater, these are commonly heard. What comes soon is the Bonfire of the Vanities, a term the Jackass prefers since irony is thick. Hardly the burning of objects deemed as tempting toward occasions of si...Read More
Last week the Senate confirmed Jerome Powell as Federal Reserve Chairman by a vote of 84-13. This is in contrast to the contentious debates and closer votes over Janet Yellen's confirmation in 2014 and Ben Bernanke's confirmation for a second term in 2010. Powell benefited from a perception that the economy's recovery from the 2007-08 meltdown proves that the Fed is a capable manager of monetary...Read More
Last week the Senate confirmed Jerome Powell as Federal Reserve Chairman by a vote of 84-13. This is in contrast to the contentious debates and closer votes over Janet Yellen's confirmation in 2014 and Ben Bernanke's confirmation for a second term in 2010. Powell benefited from a perception that the economy's recovery from the 2007-08 meltdown proves that the Fed is a capable manager of monetary p...Read More
By BullionStarThe traditional phrase "worth your weight in gold" has been used since Roman times, and is a well-known saying signifying that someone or something is very valuable, helpful, or to be treasured.But taken literally, what 'value' would a person be worth if they were worth their own weight in gold?For a given gold price, the answer not surprisingly depends on the person's weight, so...Read More
Predicting the likely path of the prices of the metals in the near term is easy. Just look at the fundamentals. We have invested many man-years in developing the theory, model, and software to calculate it. Every week we publish charts and our calculated fundamental prices.However, predicting the outlook for a longer period of time is much harder. The fundamental shows the relative pressures in th...Read More