CloseGain/LossGold $1357.70+$16.70Silver$17.56+$0.51XAU92.08+2.42%HUI207.17+2.19%GDM688.77+2.23%JSE Gold1313.95+48.88USD89.25-0.87Euro124.02+1.04Yen91.76+0.97Oil$65.61$1.1410-Year2.652%+0.006T-Bond148.65625-0.5625Dow26252.12+0.16%Nasdaq7415.06-0.61%S&P2837.54-0.06% The Metals: Gold climbed up to $1355.40 in midmorning New York trade before it pared back a bit into midday, but it then jumpe...Read More
For the past few years the "strong dollar" has been so central to the global financial story - enabling ever-lower interest rates and ever-higher financial asset prices pretty much everywhere - that it's easy to forget how illusory "strength" is for fiat currencies. Since mid-2017 that illusion has been evaporating, as the dollar falls (both against other fiat currencies and assets like oil, bit...Read More
Colorado Springs, CO., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2018 payable on February 23, 2018 to shareholders of record as of February 12, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxa...Read More
European domestic prices for steel beams have remained unchanged this week, with solid demand and well-booked mill rolling schedules supporting the market, sources told Metal Bulletin on Wednesday January 24."There is no problem at all in the beam market. Demand is good," one stockholder said."As far as we are seeing, there is no weakening in prices," one producer source told Metal Bulletin."Mill...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
By Frank HolmesIn a year when the S&P 500 hit all-time highs, gold also held strong, finishing 2017 up 13.5 percent, according to the World Gold Council. Gold's annual gain was the largest since 2010, outperforming all major asset classes other than stocks. Contributing to this gain was a weaker U.S. dollar, stock indices hitting new highs and geopolitical instability, all of which fueled uncert...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
Domestic prices for steel wire rod narrowed upward by ?,?20 per tonne in Southern Europe this week as mills in the region raised their offer prices, sources told Metal Bulletin on Wednesday January 24.Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Southern Europe narrowed upward to ?,?540-550 ($662-675) per tonne delivered on January 24, from ?,?520-550 per tonne de...Read More
Topics Include:*Central Banks have bought more gold than UST's since 2013*Why we are potentially on the cusp of a new set of rules for the international monetary system*Financial elites with the IMF and the Fed have said that the international monetary system is incoherent...there is no anchor*What Central Banks shifting from net sellers of gold, to net buyers of gold is signalling*Why the United...Read More
By Gary SavageThis video explains the currency and gold setups in place before the dollar began its precipitous breakdown and then projects price and time targets for a reversal of their current trends.https://blog.smartmoneytrackerpremium.com/ Read More
Turkish steel mills returned to the deep-sea scrap markets for material at lower prices on Wednesday January 24, after a short break for price negotiations.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at $346.50 per tonne cfr, down by $7.44 per tonne day-on-day.The daily index...Read More
For greed all nature is too little.Seneca Whenever the masses fully embrace a market, trouble is usually close at hand, and that's what occurred with bitcoin; the masses were completely enamoured with Bitcoin. The masses were euphoric and were expecting bitcoin to soar to the next galaxy. Wild targets of $100,000 were being issued that sounded more like the ravings of a lunatic than of an exper...Read More
What does 2018 hold for investors? In this episode, Robert & Kim are joined by Dennis Gartman, publisher of The Gartman Letter. Gartman has been actively investing and publishing for over 40 years, and oftentimes offers a contrarian's view. Find out what his projections are for gold, stocks and commodities.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance bo...Read More
By Gary TanashianAs the long-term interest rate Amigo continues upward, the anti-USD 'inflation trade' continues onward and more and more gold bug writers emerge from the woodwork, it is time for a little antidote to the inevitable pitches and hype to come.Everything is playing to script and with this little pullback to a higher low in the miners being resolved in the favored direction, the writ...Read More
Iron ore prices remained steady around $74 per tonne cfr China on Wednesday January 24 amid mixed signals from China's steel and futures markets.Metal Bulletin's 62% Fe Iron Ore Index Today: $74.53 per tonne cfr Qingdao Daily change: up by $0.24 per tonne Month-to-date average: $76.38 per tonne Metal Bulletin's 58% Fe...Read More
Billionaire hedge-fund manager Ray Dalio said that the bond market has slipped into a bear phase and warned that a rise in yields could spark the biggest crisis for fixed-income investors in almost 40 years.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of th...Read More
Source: Streetwise Reports 01/23/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is up.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 buy signal. Short-term signals can last...Read More
- Cyber war is increasing threat - Investors are not prepared for- Third most likely global risk in 2018 is cyber war say WEF- "Scale and sophistication of attacks is going to grow"- EU, US, NATO lay down ground rules for offensive cyber war- Ireland is viable target for attackers but is 'grossly unprepared for cyber war'- UK should expect attack that cripples infrastructure within 2 years- Tru...Read More