Despite recently being fined $920 for manipulating the gold and silver markets, a recent Reuters article mentioned how J.P. Morgan's precious metals desk just had great earnings and is "dominating" the market. Especially given that the Department of Justice even went as far as to label the banks' gold and silver unit as a "criminal enterprise," is it really a good thing to hear the bank is dominat...Read More

IN THIS EPISODE, YOU'LL LEARN:- Why banks will be a smaller part of the S&P500 in the future- How to invest in an unsafe macro environment- Why we're approaching a bursting sovereign global debt bubble- Why a rising price of bitcoin could force up the price of gold- Ask The Investors: How do I buy and store bitcoin safely?Luke Gromen is a graduate of the University of Cincinnati and received his M...Read More

Research conducted in Moscow shows that about 50 percent of the population has an immune response to coronavirus: cellular immunity, antibodies, etc.Continue...Read More

"I have sleep attacks all the time in all kinds of situations and at inappropriate times... Continue...Read More

"Biden can only enter the White House as President if he can prove that his ridiculous "80,000,000 votes" were not fraudulently or illegally obtained. When you see what happened in Detroit, Atlanta, Philadelphia Continue...Read More

Iran accused Israel and the U.S. of organizing the assassination of one of its top nuclear scientists on Friday and vowed revenge, sharply escalating tensions in the Persian Gulf in the final weeks of Donald Trump's presidency.Continue...Read More

It's been another tough week for gold, with the yellow metal sinking to around US$1,810 per ounce at its lowest point during the period, a level not seen since July.Should investors be worried? Peter Grandich of Peter Grandich & Company doesn't think so. "We had a near-parabolic rise earlier this year. It's not uncommon to see a substantial correction not long after that. I think that's what we've...Read More

Since early July, I've told my subscribers in the precious metals markets to take a Katusa Free Ride on all our gold stocks. Thus, all but one stock in our portfolio Continue...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 27EuropeThe European ferro-silicon spot price climbed almost 2% over the week, marking an over 10% jump in November while low levels of availability in Europe have met with renewed demand from steelmakers and traders.One producer reported offering around 100 tonnes of standard grade at ?,?1...Read More

Hyperloop systems currently under development could use advanced steels to increase their efficiency in the future, ArcelorMittal researchers said in a paper released by the steelmaker this week."Advanced steels offer high resistivity and less overheating, which is important for systems such as the Hyperloop, which uses a maximum-efficiency design approach," the researchers said.Hyperloop systems...Read More

China imported 5.90 million tonnes of coking coal in October, an increase of 3.6% from 5.69 million tonnes a year earlier, Chinese customs data showed.Last month's imports are down by 12.2% month on month, however.Coking coal imports in October were valued at nearly 3.8 billion yuan ($578 million), down by 22.5% year on year and 10.4% lower month on month, according to the customs data.Of the 5.90...Read More

Responsible homeowners and landlords insure their property against fires, floods and violent storms. Sensible motorists insure their vehicles against inadvertent fender benders and costly collisions. Prudent investors own precious metals to protect financial assets from currency debasement, stock market meltdowns and economic collapse.Reducing risk and avoiding financial loss is the purpose of ins...Read More

It might have been tempting to thinkthat the recent move lower in the U.S. Dollar Index would serve to push goldhigher, as it usually does according to the traditional pattern. But these areextraordinary times and there are too many external factors weighing negativelyon the price of the yellow metal.As if the previous vaccine announcementsweren’t enough, the latest vaccine trials from Astra...Read More

Peter Krauth explains why he believes Biden could become silver's best friend. It may seem like an unlikely match.But there are some big reasons why Biden could become silver's best friend.The main force behind this thesis is that we can expect stimulus. A lot of stimulus.More specifically, Biden is likely to do his utmost to bring on more general support for the economy through increased borrowin...Read More

Import prices for flat-rolled steel continued to rise in South America during the week ended on Friday November 27, with Chinese mills presenting higher offers and clients rushing to settle the last deals for January-shipment cargoes.The prices on products from all origins also edged up, and lower availability supported those higher prices, according to market participants.Buyers were now bracing...Read More

Sector expert Michael Ballanger examines the charts for commodities like soybeans and the components used in handheld electronic devices, and reflects on what they say about the future prospects of those who hold mortgages and invest in precious metals. As I peruse my favorite website in search of technical patterns for various commodities and stocks, I am reminded of the soon-to-be-immortal words...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Cristina Belda and Declan Conway contributed to this...Read More

Vaccines are coming. But so is the debt crisis. What does it imply for gold?COVID-19 cases are still rising at an alarming rate in the United States. As the chart below shows, the rolling 7-day average of new daily infections stays above 160,000. It means that the immediate economic outlook is rather dark. The short-term economic slowdown is good information for the gold market.But there is also b...Read More

Global ferrous scrap prices continued on an upward trend due to supply tightness and strong demand by steelmakers in the week ended Friday November 27.Strong demand in Turkey to feed domestic, export marketsLimited transactions in US because of Thanksgiving holidayStrong demand in Vietnam on supply shortageContainer shortages in Taiwan support import pricesIndian prices move upward once more.Turke...Read More

When making decisions regarding thegold mining stocks sector, some will choose to follow price actions whileothers will use indicator tools. The Gold Miners Bullish Percent Index ($BPGDM)is one such tool, essentially being a gauge of overbought and oversoldconditions for the gold mining sector with readings plotted on a range between0 and 100. Anything below 30 suggests oversold conditions while r...Read More