By Avi GilburtFirst published on Sunday Dec 31 for members: While I am unable to answer the question in the title of this update definitively, I will show you what the market has to do in order to answer the question in the affirmative. But, first I want to reflect on 2017. We approached 2017 with high expectations that the market would provide us with a strong 3rd wave break out off the 2...Read More

China's domestic rebar prices continued to tumble on Friday January 5 amid weak demand. Domestic Eastern China (Shanghai): 3,950-4,000 yuan ($608-615) per tonne, down 120-130 yuan per tonneNorthern China (Beijing): 3,950-4,000 yuan per tonne, down 30-50 yuan per tonneTrading activity was very during the day due to bad weather, market sources said. Various parts of China have been experiencing low...Read More

By George SmithI'm sure there will be some shocking events in 2018, but I have no idea what they will be. There are too many wildcards in the mix, with one big one taking center stage: States. The civilized world, such as it was, took a nosedive after the Sarajevo assassinations in 1914 ignited the political tinderbox in Europe. To pay for the massive slaughter that followed, states aban...Read More

BULL MARKET IN GOLD...We are now about to commence a full-fledged bull market in gold and gold mining stocks. The paper manipulation has been the chosen deception but did allow investors to take advantage of opportunities in some gold stocks that were incredibly undervalued and literally being given away at those prices. We expect to see enormous...Read More

Gold rose despite some better than expected US December private ADP numbers. The US dollar is still on the weaker side against the euro and sterling. This is the best chance for gold to rise to the $1400-$1430 zone and for silver to test $2000. FOMC minutes preventing a gold price fall is very positive for bullion in the near term. Investors know that the chances of a quicker interest rate hike...Read More

European stainless steel base prices have remained unchanged over the past week, with market activity quiet early in 2018, sources told Metal Bulletin on Friday January 5.Metal Bulletin's weekly base price assessment for 2mm, grade-304 CR stainless steel sheet was ?,?1,060-1,130 ($1,277-1,361) per tonne delivered in Northern Europe on Friday."The market is still very quiet, with many countries sti...Read More

China's domestic stainless steel prices rebounded slightly over the past week on gains in the nickel market.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,200-15,500 yuan ($2,339-2,385) per tonne including VAT for the week ended Thursday January 4, narrowing upward from 15,000-15,500 yuan per tonne a week earlier. Market partic...Read More

So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to be a dull period for the yellow metal, as it was traded within a narrow range of $1,200-$1,300 for most of the year.However, all that glitters is not gold, and all that does not fluctuate like Bitcoin is n...Read More

– Critical hardware flaw breaks basic security: risks to online banking & digital assets– Nearly all computers worldwide, smartphones and other devices – exposed to major security risk– Two separate security flaws identified in devices powered by Intel, ARM and AMD chips– Vulnerability known about for six months by tech insiders– Cyber crime represents the b...Read More

I keep reading articles claiming that inflation is nowhere to be found.If that is true, explain the following four charts.Copper has broken out of a 10-year downtrend.This chart suggests that Copper will be retesting its 2011 highs.Another inflationary industrial metal (steel) is posting a similar pattern.There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards...Read More

I keep reading articles claiming that inflation is nowhere to be found.If that is true, explain the following four charts.Copper has broken out of a 10-year downtrend.This chart suggests that Copper will be retesting its 2011 highs.Another inflationary industrial metal (steel) is posting a similar pattern.There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards...Read More

Yesterday, the minutes ofthe FOMC December meeting were released. What do they sayabout the Fed’s stance and what do they mean for the gold market?The Fed IsDivided over Number of Hikes in 2018At the December meeting, the U.S. central bank increased the federal funds rate by a quarter percentage point to a range 1.25-1.50 percent. The move was widely expected by investors, but there was no u...Read More

The gold miners' stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to the metal which drives their profits. And gold itself is likely to power dramatically higher this year as euphoric record-high stock m...Read More

I keep reading articles claiming that inflation is nowhere to be found.If that is true, explain the following four charts.Copper has broken out of a 10-year downtrend.This chart suggests that Copper will be retesting its 2011 highs.Another inflationary industrial metal (steel) is posting a similar pattern.There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards...Read More

Automobile production in Argentina edged down by 0.1% year on year in 2017.Car output came to 472,158 units last year, down from 472,776 units in 2016, according to figures released by national auto association Adefa on Thursday January 4. Sales to the domestic...Read More

CloseGain/LossOn WeekGold $1320.50-$1.40+1.33%Silver$17.20UNCH+1.53%XAU87.39-0.45%+2.49%HUI198.13-0.32%+3.03%GDM661.89-0.20%+1.73%JSE Gold1322.71+17.52+1.47%USD91.97+0.10-0.36%Euro120.42-0.26+0.32%Yen88.43-0.27-0.43%Oil$61.44-$0.57+1.69%10-Year2.477%+0.025+2.74%Bond151.9375-0.375-0.63%Dow25295.87+0.88%+2.33%Nasdaq7136.56+0.83%+3.38%S&P2743.15+0.70%+2.60% The Metals: Gold fell $5.70 to $131...Read More

Here are today's videos and charts (double-click to enlarge):SFS Key Charts & Video UpdateSF60 Key Charts & Video UpdateSF Juniors Key Charts & Video AnalysisSF Trader Time Key Charts & Video Analysis*********Unique Introduction For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you 3 of my next Super Force Surge Signals free of charge, as I send them to paid s...Read More

I keep reading articles claiming that inflation is nowhere to be found.If that is true, explain the following four charts.Copper has broken out of a 10-year downtrend.This chart suggests that Copper will be retesting its 2011 highs.Another inflationary industrial metal (steel) is posting a similar pattern.There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards...Read More

Metalsinvestors may have missed it given the gloomy sentiment that plagued marketsfor much of 2017, but gold just finishedits best year since 2011.Perhapsin a year like the one just passed, 13% gains are simply not inspiring. U.S.stocks finished about 25% higher for the year, and crypto-currencies includingBitcoin left all other asset classes in the dust. Bitcoin gained roughly 1,400%. Diehard gol...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort241,42878,16060,048155,104332,704456,580470,912Change from Prior Reporting Period 38,83811,5182,405-36527,76640,87841,689Traders17086744552246183 Small Speculators LongShortOpen Interest 44,15129,819500,731 3,3832,57244,261 non reportable positionsChange from the previous reporti...Read More