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

https://www.bloomberg.com/Diamonds are set to slump further, according to a hedge fund whose bet on marijuana made it the world's best performer in 2016.Prices of the precious gem may slump as much as 10 percent this year as it loses appeal with younger consumers and faces challenges from synthetic alternatives, said Singapore-based Ben Cleary, who co-manages the $500 million Tribeca Global Natura...Read More

Import prices for containerized heavy melting scrap (HMS) in Taiwan showed some signs of softening this week on increased supply.Metal Bulletin's price assessment for imports of United States-origin HMS 1&2 (80:20) into Taiwan was $348-360 per tonne cfr for the week ended Friday January 19, widening downward by $2 per tonne from a week earlier.Sellers continued to offer cargoes at $360 per tonne c...Read More

VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank HolmesThe Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Holmes giving out 3 top picks each.Here are my predictions for the top picks.Marin Katusa - Blackbird Energy (BBI.V) , Equinox Gold (EQX.T), GoldMining (GOLD.v), Northern Dynasty (NDM.T)?Rick Rule - EMX Royalty (...Read More

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 of the US Mint. The US Mint is a branch of th...Read More

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More

The US economy boosted by the Republican tax reform plan is seen prompting higher interest ratesContinue...Read More

VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank HolmesThe Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Holmes giving out 3 top picks each.Here are my predictions for the top picks.Marin Katusa - Blackbird Energy (BBI.V) , Equinox Gold (EQX.T), GoldMining (GOLD.v), Northern Dynasty (NDM.T)?Rick Rule - EMX Royalty (...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

(IDEX Online) - The  VICENZAORO January show kicked off on Friday, with 1,500 brands taking part in the international jewelry show organized by the Italian Exhibition Group (IEG) which was created by a merger between Rimini Fiera and Fiera di Vicenza.   Undersecretary of the Ministry of Economic Development, Ivan Scalfarotto, said at the opening ceremony: "Rimini and Vicenza, togeth...Read More

Jason Burack of Wall St for Main St interviewed first time guest, gold fund manager of the Old Mutual Gold & Silver Fund, Ned Naylor-Leyland http://www.omglobalinvestors.com/swit...Ned is a well-known figure in the world of gold and silver investing, with over 17 years' experience and is a frequent presenter at industry conferences. Having worked for Smith & Williamson Ned founded a dedicated prec...Read More

Jason asks Gordon about a lot of global macro topics including: a review of 2017, will central bankers really take away the liquidity punch bowl in 2018, when will the US Dollar be replaced, China's credit bubble, gold, commodities, crypto currency and more!Mr. Long is a former senior group executive with two Fortune 500 international corporations, a principal in a high tech public start-up and fo...Read More

"Identified borderline content will remain on YouTube behind an interstitial, won't be recommended, won't be monetized, and won't have key Continue...Read More

Gold is climbing as bond yields rise andthe dollar falls, over speculation that China is pulling back on buying USTreasuries and Japan signals it is winding down its quantitative easingprogram. Meanwhile, US debt continues to grow after the Republicans underPresident Trump pusheda trillion dollars worth of tax cuts through the Senate, that the Congressional Budget Office thinks will add$1.7 trilli...Read More

The world’s leadinggold-stock ETF is nearing a major upside breakout from key technicallevels.  GDX is getting closer tochallenging and powering above $25.  Thatwould accelerate the sentiment shift in this deeply-undervalued sector back tobullish, enticing investors to return.  Goodoperating results from the major gold miners in their upcoming Q4’17 earningsseason could...Read More

Black swans are very surprising and rare events. As they are beyond the realm of normal expectations, it is impossible to predict them. However, analysts do not care about such details and they outdo each other in forecasts. Our favorite is the list of ten outrageous predictions published by the Saxo Bank. The risk events include: the loss of Fed’s independence for the U.S. Treasury, the plu...Read More

In 2017, the word “disappointment” took on a new spelling – “G-D-X.”After several failed break-out attempts in 2017, there is no question that it provided us a year of frustration.As of Friday, the metals have now give us another indication that a break out attempt may be setting up yet again.And, just like the others we tracked last year, I am unable to tell you defi...Read More

It had to happen after a terrific run from early December, so a consolidation in precious metals is hardly aContinue...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