Safe haven demand (due to Chinese corona virus) is supporting gold. I expect a rise in Chinese gold demand during the Chinese New year, if the virus is not contained in the next two weeks. Chinese economy will see a short term hit. More and more Chinese will buy gold out of fear. It is the fear of the unknown that will drive more and more people to gold.Chinese authorities are acting quickly. It...Read More

Domestic prices for rebar and wire rod in Turkey have gone down over the past week amid lower imported scrap values and limited winter demand, sources said on Thursday January 23.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 2,975-3,030 Turkish lira ($501-511) per tonne, including 18% VAT, on January 23. This was down from the 3,050-3,060 lira pe...Read More

Turkish long steel export prices have continued to fall over the past week in line with softening scrap costs and limited demand, sources said on Thursday January 23.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $425-430 per tonne on an actual weight basis on January 23, down from the $435-440 per tonne fob of last week.The mills in the c...Read More

For Part 1 of this round table, CLICK HEREFor Part 2 of this round table, CLICK HEREDoubleLine's Jeffrey Gundlach hosts the first annual "Round Table Prime" featuring today's Financial Market Thought Leaders who will weigh in on the economy, Central Bank Policy, global yields, stock markets, opportunities and best investment ideas for 2020. Featured Guests include: Jeffrey Gundlach - DoubleLine, S...Read More

It's no secret that the precious metals markets have been in the dumps for the past 4 - 5 years. It was nearly impossible to raise capital and they were shunned by investors and lenders alike. Now things are looking up. The vibe at the Vancouver Resource Investor Conference was decidedly upbeat and positive. When will gold and silver move higher is the question. Probably sooner rather than later.J...Read More

Max talks to Chris Martenson of PeakProsperity.com about the 'fourth turning,' mass unrest, excessive money printing from the central bank, and gold markets. Link to the book Chris discusses: The Fourth Turning: An American Prophecy - What the Cycles of History Tell Us About America's Next Rendezvous with Destiny Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a finan...Read More

While I was at VRIC, Trump was in Davos touting to other world leaders the "unmatched" period of prosperity America is experiencing, thanks to him.Trump claims that nobody benefits more from his presidency than the middle class. In reality, the only people benefitting are the asset owners - the 1%.There are more women than men in the workforce for the first time ever. Housing prices and household...Read More

Egon sees the 2008 Global Financial Crisis as only a 'rehearsal' and that the real economic crisis is not far away. He also expects the gold silver ratio to go down to 30 as a result of silver prices rising three times faster than gold in the coming years.Discussed in this interview:04:54 Gold is the best form of insurance11:27 Swiss attitude towards gold14:55 Switzerland refining LBMA gold bars i...Read More

"At present, there is an obvious increase in the number of patients with fever in the city, and it is true that there are long queues and a shortage of beds in fever clinics."Continue...Read More

Every single health record is going to wind up in these systems. All of them. And they will be used against you. There is nothing in the law to prevent that.Continue...Read More

Ronald Stoeferle, managing partner at Incrementum AG, calls in to discuss pressing monetary matters and to review the investment merits of the Money of Kings.4:22 Institutional distrust means opportunity11:34 Deflation and the U.S. dollar18:14 The miners: a dismal past but a better future?25:09 Gold and crypto, monetary cousinsJames "Jim" Grant is an American writer and publisher and the founder o...Read More

Jordan Roy-Byrne steps away from the gold charts and looks to the bond market and USD as barometers for the precious metals. With yields looking like they have topped a couple weeks ago the direction which is now falling yields is very important. As for the dollar the question remains, is this year when we see the dollar breakdown?Jordan Roy-Byrne, CMT is a Chartered Market Technician and member o...Read More

"It will defend American taxpayers from having their hard-earned dollars siphoned away to finance the direct and downstream costs associated with birth tourism."Continue...Read More

"The actions announced by the OCC today reinforce the agency's expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and Continue...Read More

Toxic chemicals linked in some cases to cancer, liver damage, low birth weight and other health problems are present in US tap water in levels far higher than was previously believed, according to a new report. Read More

It is unlikely that President Donald Trump would be defeated at the November 2020 presidential election, said Mickey Fulp of the Mercenary Geologist, but should that happen, copper and other base metals would take a hit."If Trump is defeated, I think that would be negative for the base metals because a president that will come in on the Democratic side is not going to lean on China the way that ma...Read More

The gold and silver markets are small enough that any significant inflow of capital could push prices higher, this according to Jeff Clark, senior precious metals analyst of GoldSilver.com."The gold market is so small that Warren Buffett could take less than 5% of his cash and buy every registered ounce of gold on the COMEX," Clark told Kitco News on the sidelines of the Vancouver Resource Investm...Read More

Turkish deep-sea scrap import prices went down once again on the news of a fresh deal for a UK-origin cargo heard on Thursday January 23.The cargo was booked late on January 22 by a steel mill in the Iskenderun region at $277 per tonne cfr for 22,000 tonnes of HMS 1&2 (80:20).This transaction compared with the most recent cargo sold at $295 per tonne cfr for HMS 1&2 (95:5) from the United States o...Read More

With the calendar having shifted to 2020, opportunities and threats abound for steel and steelmaking raw materials markets across the world.In this special report, we take you around the globe to provide you with a...Read More

Seaborne iron ore prices dropped significantly on Thursday January 23 in the lull ahead of the week-long Chinese New Year holiday, amid rising concerns over the potential impact of the coronavirus outbreak in Wuhan.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.44 per tonne, down $3.24 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $92.48 per tonne, down $3.24 per tonne.6...Read More