Here are five Fastmarkets MB stories you might have missed on Friday April 5 that are worth another look.Brazil's federal court in Bel?(C)m, in the northern state of Par??, has scheduled a second conciliatory hearing for Friday April 12 to discuss the production embargo of Norsk Hydro's Alunorte alumina refinery.Electricity cuts in Taiwan in May and June, along with ample offer...Read More

April 5th, 2019(S14-E690)Featured GuestsEd Moya &Bob HoyePlease Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).Ed Moya, Chief Market Strategist at Oanda makes his show debut with comments on equities, PMs, Bitcoin and crude oil. Our guest notes the price of gold would be much higher if the trad...Read More

I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto..."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!"...and while I myself would perhaps have expressed this in a somewhat more restrained manner, the point is certainly worth taking, esp...Read More

By: David Chapman"If the market does not rally, as it should during bullish seasonal periods, it is a sign that other forces are stronger and that when the seasonal period ends those forces will really have their say." Edson Gould, stock market analyst, Findings & Forecasts, 1902-1987 "Early in March (1960), Dr. Arthur F. Burns called on me.... Burns' conclusion was that unless some decisive ac...Read More

The 2018 stock market crash is now a fait accompli, having taken a polar bear plunge that put ice in the veins of the Fed and electrified their collective spine with such a deep chill they ran like a fat walrus from the bear market to halt their long-nurtured plans of economic tightening. With that event fulfilled, I'm now predicting a 2019 recession as the major economic news for this year (...Read More

By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much during the first two hours of trading once it began at 6:00 p.m. EDT on Thursday evening in New York. But then the price pressure began -- and that sell-off lasted until a few minutes after 12 o'clock noon in Shanghai on their Friday. Except for a rather violent down/up move at 8:30 a.m. in New York wh...Read More

By: Jp CortezSix Other States Now Weighing Their Own Bills to End Taxes on Gold & SilverBefore the ink could even dry on West Virginia Governor Jim Justice's signature on a repeal of sales taxation on gold, silver, platinum, and palladium bullion and coins, legislators in Wisconsin and Maine introduced similar measures in their own states.All told, 39 states have now reduced or eliminated sales...Read More

By: Richard (Rick) Mills, Ahead of the herd Mining is all around us, though invisible to urban dwellers, so it's easy to forget that we live in a world of finite resources. Unlike forestry or agriculture, whose crops are renewable, once ore comes out of the ground and is processed into metals, it's gone for good. Some industrial metals are recycled after mining, like copper, but this only exten...Read More

- Unwise Investment- Zombie Companies- Gummed-Up Economy- Uncreative Destruction- The Drive for Scale- Helicopter Governments- Cleveland, Chicago, Dallas, and SICRecession is coming. We can debate the timing, but the economy will turn decisively downward at some point. My own analysis, looking at the data available on April 4, says recession isn't likely this year but unfortunately looks very pr...Read More

By: Patrick J. BuchananIn the new Democratic Party, where women and people of color are to lead, and the white men are to stand back, the presidential field has begun to sort itself out somewhat problematically.According to a Real Clear Politics average of five polls between mid-March and April 1, four white men Joe Biden, Bernie Sanders, "Beto" O'Rourke and Pete Buttigieg have corralled 62...Read More

Steel billet prices fell slightly in most regions in the week ended Friday April 5, due to sluggish trading activity, public holidays and upcoming general elections.Billet prices in the Commonwealth of Independent States (CIS) and Turkey dipped amid thin trading volumes and falling scrap prices.Fastmarkets' daily index for Northern Europe-origin HMS 1&2 (80:20) scrap, the feedstock for billet manu...Read More

Steel billet prices fell slightly in most regions in the week ended Friday April 5, due to sluggish trading activity, public holidays and upcoming general elections.Billet prices in the Commonwealth of Independent States (CIS) and Turkey dipped amid thin trading volumes and falling scrap prices.Fastmarkets' daily index for Northern Europe-origin HMS 1&2 (80:20) scrap, the feedstock for billet manu...Read More

April 5th, 2019(S14-E690)Featured GuestsEd Moya &Bob HoyePlease Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).Ed Moya, Chief Market Strategist at Oanda makes his show debut with comments on equities, PMs, Bitcoin and crude oil. Our guest notes the price of gold would be much higher if the trad...Read More

I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto..."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!"...and while I myself would perhaps have expressed this in a somewhat more restrained manner, the point is certainly worth taking, esp...Read More

By: David Chapman"If the market does not rally, as it should during bullish seasonal periods, it is a sign that other forces are stronger and that when the seasonal period ends those forces will really have their say." Edson Gould, stock market analyst, Findings & Forecasts, 1902-1987 "Early in March (1960), Dr. Arthur F. Burns called on me.... Burns' conclusion was that unless some decisive ac...Read More

The 2018 stock market crash is now a fait accompli, having taken a polar bear plunge that put ice in the veins of the Fed and electrified their collective spine with such a deep chill they ran like a fat walrus from the bear market to halt their long-nurtured plans of economic tightening. With that event fulfilled, I'm now predicting a 2019 recession as the major economic news for this year (...Read More

By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price didn't do much during the first two hours of trading once it began at 6:00 p.m. EDT on Thursday evening in New York. But then the price pressure began -- and that sell-off lasted until a few minutes after 12 o'clock noon in Shanghai on their Friday. Except for a rather violent down/up move at 8:30 a.m. in New York wh...Read More

By: Jp CortezSix Other States Now Weighing Their Own Bills to End Taxes on Gold & SilverBefore the ink could even dry on West Virginia Governor Jim Justice's signature on a repeal of sales taxation on gold, silver, platinum, and palladium bullion and coins, legislators in Wisconsin and Maine introduced similar measures in their own states.All told, 39 states have now reduced or eliminated sales...Read More

By: Richard (Rick) Mills, Ahead of the herd Mining is all around us, though invisible to urban dwellers, so it's easy to forget that we live in a world of finite resources. Unlike forestry or agriculture, whose crops are renewable, once ore comes out of the ground and is processed into metals, it's gone for good. Some industrial metals are recycled after mining, like copper, but this only exten...Read More

- Unwise Investment- Zombie Companies- Gummed-Up Economy- Uncreative Destruction- The Drive for Scale- Helicopter Governments- Cleveland, Chicago, Dallas, and SICRecession is coming. We can debate the timing, but the economy will turn decisively downward at some point. My own analysis, looking at the data available on April 4, says recession isn't likely this year but unfortunately looks very pr...Read More