Technical analyst Jack Chan charts the latest movements in the gold and silver markets.Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term signals can last for days and weeks, and are more suitable fo...Read More

Boise, Idaho (February 12, 2018) - The Idaho State House today overwhelming approved a bill which helps restore constitutional, sound money in the Gem State. State representatives voted 60-9 to pass House Bill 449 sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for a hearing in the Local Government and Taxation Co...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transactions: rebarRebarTurkey, export, rebar, offered at $560-570 per tonne cfr, theoretical weight,...Read More

Remington Outdoor Co. is filing for Chapter 11 bankruptcy protection, the company announced MondayContinue...Read More

Last week, everyone focused on the stock marketsell-off. Reasonably enough, given the pace of the declines. But the analystsfailed to pay enough attention to the very important shift. That change may bemore important than Trump’s victory in the presidential election. Will thecritical switch make gold shine – or dull? ThreeImportant Legacies of Yellen’s Fed TenureA crucial change...Read More

- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"- Gold also valuable due to lack of correlation and hedge against...Read More

"Don't panic, buy the dip, who cares?" or "These are rumblings of an earthquake, people will be hurt like in 1929" - which one is it? I would call it a wake-up call.Continue...Read More

The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More

Turkish steel producers skipped Tuesday February 13 with no deep-sea bookings, amid high offer prices, market participants told Metal Bulletin.Scrap suppliers in the Baltic Sea region were heard offering HMS 1&2 (80:20) at around $355 per tonne cfr, but mills in Turkey were not willing to pay such high prices, sources said.The most recent deals, heard at the end of the last week, were from the Uni...Read More

There are nine indisputable signs on Wall Street that US Stocks have formed the Mother Of All Bubbles! Only the financially na??ve will not see these historic signs...as they are blinded by unbridled greed. Would that all intelligent investors who have gained profits for this long in the tooth bull will see and appreciate these 11 indications that the current IRRATIONAL EXHUBERANCE Mother Of All B...Read More

The physical metals will continue to outperform mining shares until there is some stabilization in the global arena, posits precious metals expert Michael Ballanger.In the "I hate to say I-told-you-so" category, it looks like the Punxsutawney Phil came out of his den last week, took one look at the state of the global stock markets, and decided to go back to bed for six years. One short week after...Read More

Last week, markets fell out of bed. Yesterday, they got up and dusted themselves off. I've been warning for months now that U.S. markets are in a rising bearish wedge. Continue...Read More

The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More

CloseGain/LossGold $1329.30+$8.00Silver$16.57+$0.05XAU81.06-0.03%HUI180.45UNCHGDM615.81+0.37%JSE Gold1170.31+51.97USD89.69-0.45Euro123.51+0.59Yen92.78+0.76Oil$59.19-$0.1010-Year2.829%-0.028T-Bond144.75+0.34375Dow24640.45+0.16%Nasdaq7013.51+0.45%S&P2662.94+0.26% The Metals: Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but it then rallied b...Read More

UK ferrous scrap prices for monthly deliveries to consumers in February have settled with decreases of around ?20-25 per tonne compared with January's settlements, trade sources told Metal Bulletin this week.One main factor in settling February contracts was the steady drop in the scrap import price into Turkey, a key export market for British steel scrap, sources said.Turkish buyers shied away f...Read More

Gold has staged a superb rebound from the $1310 support zone, but that was overshadowed by the truly spectacular reversals taking place in most of the Western world's gold stocks!This is the gold chart. I like the technical action being displayed right now. Here's why:First, $1370 is massive resistance. It's understandable that gold would build a modest head and shoulders top pattern after arrivin...Read More

It's been a wild run lately. Watching U.S. stocks plunge at one point over 10% in the past 10 days has certainly been a sobering experience for investors.Continue...Read More

The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More

By Ira EpsteinMetals bump up a bit as US Dollar falls in front of tomorrow's CPI data.https://www.iraepstein.com/ Read More

Full Article: SWOT Analysis: Chinese Gold Consumption Rose By: Frank HolmesStrengthsDespite the headwinds of rising interest rates, gold was the best performing metal this week, although down slightly by 1.24 percent. Gold traders are bullish for the fourth week in a row after the yellow metal posted its biggest monthly advance in five months in January, according to Bloomberg's weekly survey....Read More