By Ira EpsteinGold waits to see how Dollar reacts to whatever happens over government funding issue.https://www.iraepstein.com/ Read More

DavidSmith: Two years ago, in this space, I penned an essaydiscussing how Americans - and other countries that are "dollarized"- where the local currency is either the USD or pegged to it - had asignificant advantage when it came to getting the most for their money whenexchanging dollars for precious metals.Lately I looked into this issue again and the good newsis - it's still a good dea...Read More

Indian local secondary billet prices were showing signs of weakness on Friday January 19 despite making a week-on-week gain of 400 rupees ($6) per tonne.Prices for Indian domestic secondary billet, mainly produced in induction furnaces, ended the week at 32,300-32,500 rupees ($506-509) per tonne ex-mill. This was an increase of 400 rupees per tonne compared with Metal Bulletin's assessment last we...Read More

The world's leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4'17 earnings season could prove the catalyst to f...Read More

By Gary TanashianAs symbolized by the 3 Amigos, the macro backdrop is riding on to its destiny. That forward destiny is a top in stocks vs. gold (Amigo 1), a rise in long-term interest rates to potential if not probable limits (Amigo 2) and an end to the yield curve's flattening trend (Amigo 3).When our zany friends complete the journey, big changes are likely in the macro markets.Let's take a c...Read More

Gold bullion tends to rise January and February before Chinese New Year (see table)Gold is nearly 8% and $100 higher since Fed raised rates one month agoOptions traders are bullish and suggest gold has room to run (see chart)Nervous in short term, positive in medium term - gold at $1,500 in 2018From Bloomberg:Gold's breakneck rally eased this week, but tailwinds in both physical and paper markets...Read More

By Ronan Manlyhttps://www.bullionstar.com/Recently, Russian television network RT extensively quoted me in a series of articles about the US Government's gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody o...Read More

Yields on U.S. Treasuries have leaped recently. It will wreck the yellow metal. Or maybe not.Yields Reach New Heights. Breakthrough for Gold?Last week, we wrote that concerns emerged that China could stop or slow buying the U.S. Treasuries. The U.S. bond yields reacted strongly. We noted that in theory it should sink gold, but the usual “correlation between bullion and Treasury yields broke...Read More

China domestic rebar prices strengthened again on Friday January 19 on gains in the futures and billet markets. Domestic Eastern China (Shanghai): 3,800-3,850 yuan ($591-599) per tonne, up 20-40 yuan per tonne Northern China (Beijing): 3,820-3,850 yuan per tonne, up 20-30 yuan per tonne Rebar futures as well as billet prices rose during the day, which pushed up spot prices for the long steel produ...Read More

In this space two years ago, I penned an essay discussing how Americans - and other countries that are "dollarized" - where the local currency is either the USD or pegged to it - had a significant advantage when it came to getting the most for their money when exchanging dollars for precious metals.Lately I looked into this issue again and the good news is - it's still a good deal. In relation to...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort301,86390,15273,170158,202390,709533,235554,031Change from Prior Reporting Period 12,7024,2793,9008,10320,33924,70528,518Traders19091904457270206 Small Speculators LongShortOpen Interest 49,09828,302582,333 2,173-1,64026,878 non reportable positionsChange from the previous report...Read More

European stainless steel base prices for grade-316 cold-rolled (CR) sheet have widened downward by ?,?15 per tonne, sources told Metal Bulletin on Friday January 19.Metal Bulletin's weekly base price assessment for domestic grade-316 CR stainless steel widened week-on-week to ?,?1,345-1,430 ($1,644-1,748) per tonne delivered in Europe on Friday, compared with ?,?1,360-1,430 per tonne delivered in...Read More

As a general rule, the most successful man in life is the man who has the best informationBy Richard (Rick) Mills Gold is climbing as bond yields rise and the dollar falls, over speculation that China is pulling back on buying US Treasuries and Japan signals it is winding down its quantitative easing program. Meanwhile, US debt continues to grow after the Republicans under President Trump pushe...Read More

China's domestic stainless steel prices continued to trend downward over the past week amid high selling interest coupled with soft demand. Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,500-15,200 yuan ($2,256-2,365) per tonne including VAT for the week ended Thursday January 18, down 200 yuan per tonne a week earlier. Steel.....Read More

The world's leading gold-stock ETF is nearing a major upside breakout from key technical levels. GDX is getting closer to challenging and powering above $25. That would accelerate the sentiment shift in this deeply-undervalued sector back to bullish, enticing investors to return. Good operating results from the major gold miners in their upcoming Q4'17 earnings season could prove the catal...Read More

DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence (Part 1) Key Sector Bubbles Bursting and Mega-Moves Up in others are our forecast for 2018 and we expect the Bursting and one Mega-Spike UP to begin very soon. (See our latest Alerts and Letters for our Specific Fo...Read More

By Dave KranzlerPeople who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth. - Jesse LivermoreBoeing's stock has gone parabolic. It's doubled since April 2017:The stock now trades at a 31x PE ratio, for whatever that's worse. I'm sure if I went through the numbers closely, I could find numerous accounting manipulations which added...Read More

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices ended the week on the rise, after some falls over the period. Metal Bulletin's 62% Fe Iron Ore Index hit $76 per tonne on Friday, boosted by gains in China's futures market.Buyers of seaborne coking coal are waiting on the market sidelines in expectation of lower prices in the weeks ahea...Read More

By Gary SavageToday's video looks at the recent price action in gold and miners with a detailed analysis of the trading difficulties confronting one's human nature. https://blog.smartmoneytrackerpremium.com/ Read More

An alleviation of supply concerns in the seaborne coking coal market has led to prices for the steelmaking raw material starting to retreat this month, but just how low they fall will be determined by how quickly demand rises over the next few weeks when Chinese buyers make an expected return.Fixed-price spot transactions in the seaborne premium hard coking coal market have been scarce in recent w...Read More