By Gary TanashianFollowing is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 504. For months now we have been tracking a divergence in the key cyclical Semiconductor Equipment segment (I am short AMAT & LRCX) to the broader Semi sector (ref. the most recent article from May 18th here) and this week we put more context to the divergence.A Bull in a China ShopIn li...Read More

By Ricky WenThe second week of June was fairly uneventful as the market did its typical stallfest/shakefest fluctuations against a major level of 2800 from the March high region. Essentially, the market reached a high of 2794.25 intraday on Monday (Jun 11) on the Emini S&P 500 (ES) and then it couldn't sustain the pressure by the end of the day with the 2786 print.This paved the way for our Mo...Read More

Cranbrook, British Columbia - Eagle Plains Resources Ltd. ("EPL":TSX-V, or "Eagle Plains") as project operator, has notified Roughrider Exploration Ltd. ("REL": TSX-V, or "Roughrider") that crews have been mobilized to carry out two separate exploration programs on the Brownell Lake (VMS-polymetallic) and Olson (gold) exploration properties located approximately 120km east of La Ronge, Saskatche...Read More

By Hubert Moolman The pressure on the current monetary establishment has been building steadily. Just because gold and silver has not made a major move up, does not mean that the terminal illness of the international monetary system has now gone away. On the contrary, its imminent demise is now more certain, given the various financial confirmations over the last couple of years (see my other w...Read More

Oil prices are up over the past year, which is bad if you're, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because oil is priced in dollars. So Brazil, for instance, finds itself buying an appreciating necessity that's priced in an appreciating:Steep Oil and Strong Dollar Make Toxic Brew for Global Econ...Read More

By Keith WeinerWe have been writing about capital destruction. This week let's look at an event which is currently making news. Social Security will begin tapping into its trust fund this year. This happens, as the Social Security Board of Trustees states antiseptically, "four years earlier than projected in last year's report." In other words, the economy is growing by every conventional measur...Read More

By PlungerI hadn't planned on submitting anything this weekend, however in light of Friday's action I felt it may be useful. After Friday's smashing in the commodities and precious metals market many investors are now rattled and may have bailed from the sector already. It is not my purpose to recommend holding or selling, however I would like to lay out for you what is going on beneath th...Read More

By Avi Gilburt I am going to do a larger degree overview of the DXY, since I have not done one in while, and I have been getting a number of questions about it of late. So, if you are following along, please take a look at the attached monthly chart, as I go through the progression of where I think we are in the larger degree time frames.Back in 2011, we correctly saw the impending multi-year...Read More

By JP Koninghttps://www.bullionstar.com/In 2014, Singapore stopped printing the mammoth S$10,000 banknote, one of the world's largest value banknotes, citing "risks associated with large value cash transactions." Although it is no longer being printed, the S$10,000, which is worth around US$7,400, remains in circulation and continues to be accepted as legitimate legal tender. But once deposited...Read More

By Dave KranzlerSifting through Twitter, I came across a curious assertion posited as a reply to a post on "unemployment" on Steph Pomboy's twitter feed (@spomboy). The tweeter asked, "have you noticed that gold is being dumped?" But was gold "dumped?" Perhaps the tweeter should have qualified the question with the adjective, "paper," in front of the word "gold."I replied rhetorically with...Read More

The widely-anticipated third-quarter European ferro-chrome benchmark price reduction is likely to be smaller than early estimates, market sources say, amid rising spot prices in China and Europe. The ferro-chrome benchmark is negotiated quarterly by a leading South African ferro-chrome producer and a major stainless steel mill. The second-quarter price settled at $1.42 per lb and the third-quarter...Read More

We receive so many questions from you daily. I answer them all as quickly as possible. John and I covered a number of questions about gold, silver, metals etf's and economic stats. There's no limit to the sensory overload that we all face daily. We try to cull out the most important questions and answer them on air. So don't hesitate to keep on sending them. They all get our personal attention. J...Read More

ISTANBUL (Reuters) - Turkish and U.S. soldiers began patrols in northern Syria on Monday along the line between the town of Manbij and a neighboring region under Turkey’s control, as part of a deal reached by the two countries, the Turkish military said.In a statement released on its Twitter account, the military said the patrols were being conducted independent of each other along the line...Read More

Erik Townsend and Patrick Ceresna welcome Jeffrey Sherman to MacroVoices. Erik and Jeffrey discuss the big picture outlook on the economy, bonds and interest rates. They ask if there is a recession coming in the U.S. and how much upside on the U.S. Dollar? They further debate how will the economy deal with higher rates and inflation, the outlook on gold and commodities.Read More

By Ankur BanerjeeJune 18 (Reuters) - U.S. stock index futures fell on Monday as tit-for-tat tariffs between the United States and China heightened fears that an escalating trade dispute could weigh on global markets.U.S. President Donald Trump announced tariffs on Friday on $50 billion of Chinese imports, with China retaliating immediately by slapping duties on American exports, including crude oi...Read More

Erik and Nomi discuss central bank collusion to prop up asset prices. They further look into why QE never led to runaway inflation and why there has been no consequences over the last 10 years.Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as...Read More

When I was in Congress and had to regularly fly between DC and Texas, I was routinely subjected to invasive "pat-downs" (physical assaults) by the Transportation Security Administration (TSA). One time, exasperated with the constant insults to my privacy and dignity, I asked a TSA agent if he was proud to assault innocent Americans for a living.I thought of this incident after learning that the TS...Read More

Ever had private conversation with a friend or family member only to then see an advertisement on your phone related to what you were talking about?Continue...Read More

More than 30 Chinese companies active in the Democratic Republic of Congo formed a business association backed by both countries' governments, further cementing China's ascendancy in copper and cobalt production in the central African nation.The 35-member Union of Mining Companies with Chinese Capital will facilitate "communication and exchange between the Chinese mining companies and the governme...Read More

One of the strangest stories in the mining industry this year has been the battle between Russian gold miner Petropavlovsk Plc and its activist, mystery shareholders.For weeks, the company has demanded to know the identity of its new shareholders, who are leading a fight to oust the board and represented by little-known holding companies. On Friday, Petropavlovsk urged its new owners to stop hidin...Read More