With FEAR that Bitcoin's bear market trend will significantly worsen, Andy Hoffman of CryptoGoldCentral.com speaks of why optimism , community, and strong hands must prevail - as the most impactful innovation of our lifetimes continues to explosively grow, with a market valuation way undervaluing where it is, and where it's going. Ignore the FUD, from both within, and without, the Bitcoin communit...Read More
Technical analyst Jack Chan charts the latest movements in the gold and silver markets. Our proprietary cycle indicator is up.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.Gold sector is on a short-term buy signal.Short-term signals can last for days and weeks, and are more suitable for traders.Sp...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
Bank of JapanIt's a hot period in central banking. On Tuesday, the Bank of Japan kept its monetary policy on hold. Kuroda tried to convince the markets that the BoJ won't follow the Fed towards an exit from easy monetary policy soon. "We haven't reached the stage of thinking about how to handle an exit [from monetary easing]", he said. The BoJ Governor also insisted that the bank is fully committe...Read More
Iron ore prices tumbled below $73 per tonne cfr China on Tuesday January 30 after a drop in billet prices, with trades concluded at lower prices than a week ago. Metal Bulletin's 62% Fe Iron Ore Index Today: $72.97 per tonne cfr Qingdao Daily change: down by $1.36 per tonne Month-to-date average: $75.97 per tonne Metal Bulletin's 58% Fe Premium Index Today: $59.70 per tonne cfr...Read More
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