By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMGold was sold lower by a few dollars by 9 a.m. CST in Far East trading on their Friday morning -- and that proved to be the low tick of the day. From that juncture it headed quietly higher until minutes before 2 p.m. China Standard Time on their Friday afternoon. It edged lower until the 10:30 a.m. morning gold fix in London -- and then began...Read More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
"@HenrikZeberg @4xForecaster @DaveHcontrarian The 1588-1630 area of gold is where the April 2013 collapse took place.I view it as YEARLY resistance for 2020.For me, it would take a close above there to suggest the 1800 target is ready to be fullfilled."Read full newsRead More
"@allicovington Started REAL Keto last year --- best thing i ever did.It went from a diet to a lifestyle.No sugar -- no gluten & Def no processed foods."Read full newsRead More
"@EdwardGofsky That wave count since the low doesn't look like a typical wave 1 ---- but as long as we're above 1366 -- i'll remain Long Term Bullish. Have you had a go at it ?"Read full newsRead More
"Recession Forecasting With The Federal Reserve Bank Of Chicago's Newly Released Brave-Butters-Kelley Indexes. https://t.co/bfuoLui2rd #economy #trading #stockmarket"Read full newsRead More
"$FTSV - Forty Seven Validates CD47 With 'Don't Eat Me' Tech, Pivotal Studies To Be Initiated In 2020. https://t.co/0M5SXolHLL #markets #trading #stockmarket"Read full newsRead More
"Elon Musk's rocket company successfully tested a final crucial safety measure Sunday, clearing its last hurdle to attempting an historic first flight of astronauts for NASA https://t.co/KQy3gtfSvn #spaceX"Read full newsRead More
Jan 16, 2020 (GoldStocks.com via COMTEX) -- One of the most remarkable things in the world of finance in recent yearshas been the rally in gold over the...Read full newsRead More
"Kavango Resources - searching for Rare Earth Elements as sector approaches critical transition periodWe look at #KAV 's re-focused efforts at Ditau as the REE space begins to lessen its dependency on China in the face of rising electric vehicle demand.https://t.co/qs9miPQJw7"Read full newsRead More
- Gary Tanashian, NFTRHThe Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.The 2006 bubble in copper made a consolidation and a steep slope and blow out of its own with a little...Read More
David HaggithSince hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020.There is no sense going further if I got that wrong.To lead off, new housing sales have finally recovered fr...Read More
The gold miners' stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg's peak. Gold stocks being mired in a consolidation so long, even a relatively-high one, is steadily eroding bullish sentiment. That ups the odds it will roll over into a correction,...Read More
By: Ira EpsteinMartin Luther King holiday Monday -- confusing rules on trading.Three big events this week: US/China Trade Deal, USMCA approved, Senate Impeachment.Gold's weekly chart close shows the best level we have had. 18-week moving average now just under $1,500. Gold technical update..Read More
Disappearing StuffSaved LivesUnlocking the DoorA Better World, by the NumbersMiami and New YorkWe haven't had a lot of good news lately. Or, more precisely, we haven't seen a lot of good news lately, though it does exist. We don't see it because both regular media and social media usually focus on the bad.That's not entirely wrong. The survival imperative makes humans watch for threats, and so...Read More
Chinese steel production increased in 2019 amid stronger demand from the construction sector, according to data released by China's National Bureau of Statistics on Friday January 17.2019 outputCrude steel: 996.34 million tonnes, up 8.3%Finished steel: 1.2 billion tonnes, up 9.8% ...Read More
Market participants in China say they are not worried by the expected increase in steel imports from the United States, even after the two major economic powers signed the phase one economic and trade agreement on Wednesday January 15. While the agreement does not set out the increase in quantity of US-origin steel exports China will accept, Chinese market participants do not expected the increase...Read More
Central China-based Henan Luoyang Iron & Steel is to sell its 1.04 million tonnes per year of crude steel capacity to a mill in southern China's Guangdong province, according a notice released by the Henan Industry & Information Technology Department on Tuesday January 14.Seller: Luoyang Iron & SteelLocation: Luoyang city, Henan...Read More