Recent News

Fire breaks out at Bill and Hillary Clinton's Westchester property

January 03, 2018 / marketsanity.com

A fire broke out at Bill and Hillary's Westchester home on Wednesday afternoon, according to officials.Continue...Read More

Gold Bullion Prices Have Best Year Since 2010 With Near 14% Gain In 2017

January 03, 2018 / www.gold-eagle.com

Gold posted second straight annual gain in USD in 2017- Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR- 2017 is gold's best year since 29.5% gain in 2010- Strong performance despite rate hikes and stock bubble - India's gold imports surged 67% in 2017, Turkish, Chinese demand strong- Gold finished 2017 with longest rally since June 2016- 2018: Currency War and The Year of the Phoenix?Go...Read More

The Q/A Guide to Cryptos vs. Gold and Silver

January 03, 2018 / news.goldseek.com

By Jeff ClarkGold or cryptos?That's actually the wrong question, as Mike Maloney points out in his new episode of Hidden Secrets of Money. This movie-quality production follows his three-year journey into investigating the cryptocurrency landscape. He expected to find nothing but a digital payment system. Instead..."What I found is a technology that can revolutionize the planet." Gold and crypt...Read More

Solgold maiden resource at Alpala, Ecuador is 5.2m tonnes copper

January 03, 2018 / www.mining.com

After an initial jump shares in Solgold plc (LON, TSX:SOLG) were trading flat by lunchtime on Wednesday after the company, worth $865m on the Toronto stock exchange, released the maiden resource for the Alpala target at its massive Cascabel copper-gold project in northern Ecuador.The latest in a string of announcements from Ecuador, where the Brisbane-based company have completed 63,500m of dr...Read More

Stock Market Update

January 03, 2018 / news.goldseek.com

By Gary SavageThis video explains why the stock market will be headed higher for now, and likely through the first week of earnings season.https://blog.smartmoneytrackerpremium.com/ Read More

Dollar up, gold down after Fed minutes

January 03, 2018 / marketsanity.com

The Fed minutes were released today at 2 pm and the markets reacted by bidding up the US dollar and selling off goldContinue...Read More

Oil Market Update

January 03, 2018 / news.goldseek.com

The paradoxical technical situation for oil that we highlighted in the last update has continued - and has gotten even more extreme. In that update we concluded that oil's very bullish volume indicators pointed to its continuing to advance, despite COT and Hedgers charts and sentiment indicators showing extremes that would normally call for a reversal to the downside, and that is what has happen...Read More

Mining in 2018: Copper price to power on

January 03, 2018 / www.mining.com

The price of copper ended 2017 near a four-year high of $3.30 a pound ($7,260 per tonne) extending the bull run in the red metal for a second year. Measured from its multi-year lows struck at the beginning of 2016, copper has gained more than 70% in value.The copper price surged by 30% in 2017 to levels last seen early 2014What happened in 2017The run started on hopes (since dashed) of massive inf...Read More

A Return to Financial Sanity?

January 03, 2018 / news.goldseek.com

By Gary ChristensonFinancial sanity and stability may not return, but we can protect our assets and learn from the discussion.The DOW, S&P500, NASDAQ and other markets sell at all-time highs. However, many imbalances exist within our financial world.This is not new - things have been crazy before, are now, and will be again. But to regain financial sanity we need:From "Doug Casey on the New Fed...Read More

A Golden Anchor for the Dollar

January 03, 2018 / news.goldseek.com

By Rory HallDr Warren Coats, former Chief of the SDR with the title Assistant Director of the Monetary and Financial Systems Department at the IMF penned an article on a return to the gold standard in 2013 - A Hard Anchor for the Dollar. Not a classic gold standard, but an "updated version" of a gold standard that would allow for entities like the IMF, World Bank and BIS to stay involved and b...Read More

Brazil's CSN raises flat steel prices for automakers by 23%

January 03, 2018 / www.metalbulletin.com

Brazilian flat steel producer CSN has applied an increase of 23% in its annual pricing contracts to local automakers, effective Monday January 1, the company confirmed to Metal Bulletin on January 3.The adjustment is in line with higher raw materials costs and international flat steel prices, according to Brazil-based sources...Read More

What Does The Analyst Who Called For The 2016-2017 Market Rally Say About 2018?

January 03, 2018 / news.goldseek.com

By Avi GilburtAs Ecclesiastes notes, "There is nothing new under the sun." This, too, applies to the stock market.The average investor trap is the same throughout whatever period you wish to review. Markets become overexuberant, see a correction, sentiment resets, and markets rally on to their next phase of overexuberance. It is really that simple. Yet, we overcomplicate matters by relying on ec...Read More

2018 PREVIEW: Will supply cuts in China still drive up steel prices?

January 03, 2018 / www.metalbulletin.com

Chinese steel prices were mostly driven by the supply-side changes in 2017, namely capacity cuts, a government crackdown on producers of substandard steel, environmental inspections and winter production restrictions. Will there be more supply-side changes in 2018 and will they push up steel prices in the country further? Here are among the developments that Metal Bulletin expects to take place th...Read More

Gold Has Best Year Since 2010 With Near 14% Gain In 2017

January 03, 2018 / news.goldseek.com

- Gold posted second straight annual gain in USD in 2017- Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR- 2017 is gold's best year since 29.5% gain in 2010- Strong performance despite rate hikes and stock bubble - India's gold imports surged 67% in 2017, Turkish, Chinese demand strong- Gold finished 2017 with longest rally since June 2016- 2018: Currency War and The Year of the Phoeni...Read More

Asian Metals Market Update: January-3-2018

January 03, 2018 / news.goldseek.com

FOMC minutes and other market moving US economic data releases are there till Friday. US December jobs numbers will positively affect the US dollar only if they indicate an interest rate hike in March. All incoming US economic data releases need to be looked from a March interest rate hike perspective. The US dollar will get another wave knock down if there is any indication of an interest rate...Read More

LIVE FUTURES REPORT 03/01: LME lead price rises while other base metals falter in quiet conditions

January 03, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mostly lower at the close on Wednesday January 3, with lead the only metal to finish the day in positive territory. "Lead put in a steady performance while the rest of the metals faltered, underpinned by a positive fundamental picture and tighter LME conditions," Sucden Financial said. "With FOMC minutes from the December meeting due for release...Read More

GLOBAL COPPER WRAP: Markets quiet with New Year break forcing participants to sidelines

January 03, 2018 / www.metalbulletin.com

In a holiday-dominated period, global copper premiums were unchanged in the three major regions over the past week. US premiums were flat once again with the end of mating season and holiday season squashing interest.  Outside of Italian premiums, European spot markets were similar to that in the United States.  Shanghai premiums were unchanged with Chinese investors on an extended holi...Read More

Price of Silver Is Rallying and Could Soar Another 19% in 2018

January 03, 2018 / moneymorning.com

Peter KrauthThe price of silver's rise from its mid-December ashes has been nothing short of spectacular.Thanks to that rally, the silver price finished 2017 ahead 6.7%. If you consider its 2016 gain of 14.3%, then silver appears to be joining gold in its return to secular bull market action.More recently, in just the past two-and-a-half weeks, the price of silver has soared an impressive 8.3%.Thi...Read More

SilverCrest Appoints Christopher Ritchie as President; Announces Private Placement and Grants Options

January 03, 2018 / silverseek.com

Vancouver, British Columbia--(Newsfile Corp. - January 3, 2018) - SilverCrest Metals Inc. (TSXV: SIL) (OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce the appointment of Christopher Ritchie as the Company's President, effective January 1, 2018. Mr. Ritchie will report to N. Eric Fier, SilverCrest's founder, CEO and Director. The Company has also entered into a private plac...Read More

Zinc, lead TCs unchanged despite Glencore restarts; market eyes on 2018 smelter output

January 03, 2018 / www.metalbulletin.com

Zinc and lead concentrate treatment charges (TCs) were little changed throughout December despite Glencore's decision to restart production at its Lady Loretta mine in Australia in 2018.Glencore will add 100,000 tonnes of zinc - or roughly 200,000-220,000 tonnes of zinc concentrates - to the market in 2018 via the restart at Lady Loretta and will subsequently ramp up another 60,000 tonnes per year...Read More

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