By Gary ChristensonMiles Franklin sponsored this article.Most sane individuals believe these basic truths.We cannot borrow our way out of debt.We cannot spend our way into prosperity.We cannot tax ourselves into wealth.We trust sane individuals also understand the following.We can't fix an excessive debt problem with more debt. (Central bankers disagree...)We can't support a more expensive milit...Read More

Yields are rising. The global economy has adapted so far without any major problems. So far. But how long can this last? And what does it ultimately mean for the gold market? Let's look at the chart below. As one can see, the U.S. long-term interest rates have been rising since September 2017. And they breached 3 percent in the second quarter of 2018, attracting investors' attention all over th...Read More

Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now above $600,000, up 9% year over year. In San Francisco County, homebuyers are paying an average of 18% above the asking price, and price per square foot is now more than $1,000. Even Silicon Valley residents, who are used to this kind of thing, are findin...Read More

Conventional wisdom is that an inversion of the yield curve (short-term interest rates moving above long-term interest rates) signals that a recession is coming, but this is only true to the extent that a recession is always coming. A reversal in the yield curve from flattening to steepening is a far more useful signal.What a yield curve inversion actually means is that the interest-rate situati...Read More

"Fed is tightening into weakness and will eventually over-tighten and cause a recession""More inflation and a weaker dollar" is "the perfect environment for gold"Geopolitical shocks will return when least expected and gold will soar in flight to safetyby James Rickards for the Daily ReckoningRising interest rates are positive for goldSource: NY Fed for Fed Funds Rate, LBMA.org.uk for Gold PM f...Read More

By Ira EpsteinGold holds test to 1360 level.https://www.iraepstein.com/ Read More

The UK light iron scrap market was stable in the week to Friday June 22 for the 11th week in a row, with market sentiment suggesting an increase next week in line with expected renewed demand from Turkey, sources said.Metal Bulletin's weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis was ?90-120 ($119-158) per tonne on Friday. This compares with the low for the year...Read More

LONDON (Reuters) - Oil prices rose more than 1 percent on Friday as OPEC tried to agree a deal to increase output to compensate for losses in production at a time of rising global demand.Benchmark Brent crude LCOc1 was up $1.00 a barrel at $74.05 by 1100 GMT. U.S. light crude CLc1 was 80 cents higher at $66.34.The Organization of the Petroleum Exporting Countries is meeting in Vienna together with...Read More

High-grade fines and lumps continued to outperform other types of materials in the iron ore market on Friday June 22.Metal Bulletin 62% Fe Iron Ore Index: $65.34 per tonne cfr Qingdao, up $0.46 per tonneMetal Bulletin 58% Fe Premium Index: $53.57 per tonne cfr Qingdao, down $0.01 per tonneMetal Bulletin 65% Fe Iron Ore Index: $89.60 per tonne cfr Qingdao, up $1.90 per tonneMetal Bulletin 62% Fe Ch...Read More

Slab export prices from Brazil declined marginally this week, with local mills competing to book orders to the United States in the wake of the new quota system. Metal Bulletin's weekly price assessment for slab exports from Brazil fell to $580-595 per tonne fob on Friday June 22 from $590-600 per tonne fob previously. Deals from Brazilian companies to US buyers were heard...Read More

BERLIN (Reuters) - A deal on debt relief for Greece reached by Athens’ euro zone creditors is a “good signal for Greece and the euro zone as a whole”, a German government spokeswoman said on Friday.Reporting by Madeline Chambers, editing by Thomas Escritt Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The au...Read More

* Italy bond yields fall after Thursday’s sharp rise* Debt relief boosts Greek debt* Euro zone PMIs stronger than expected* Banks to repay just fraction of ultra-cheap ECB cash* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates throughout)By Dhara RanasingheLONDON, June 22 (Reuters) - Italy’s borrowing costs fell on Friday as the government bond market regained its foot...Read More

India is proposing increases for import duties on 30 products from the United States including certain steel goods, in a tit-for-tat move against the latter's Section 232 tariffs on steel and aluminum.Flat-rolled coated steel, stainless hot-rolled steel coil, grain-oriented electrical steel, steel spring and several other structural and construction steel products will be subject to a 15% increase...Read More

Click Here to Listen to the Interview - *the interview begins at 5:50Gerald Celente discusses the relevance of still having guns, gold and a getaway plan. Gerald also tells us what he's watching most closely on the geopolitical landscape that could have a major impact on the markets and possibly trigger the next economic crisis.Click Here to Listen to the Interview - *the interview begins at 5:5...Read More

China's domestic rebar prices decreased on Friday June 22 amid high selling interest. Domestic Eastern China (Shanghai): 4,040-4,080 yuan ($622-628) per tonne, down 80 yuan per tonne Northern China (Beijing): 3,880-3,930 yuan per tonne, down 20 yuan per tonne Traders actively sold rebar to lower their inventory levels before end-user demand weakens further. But buyers also kept their procurement r...Read More

"The Government's position fails to contend with the seismic shifts in digital technology that made possible the tracking of not only Carpenter's location but also everyone Continue...Read More

"Our defense of speech may have a greater or lesser harmful impact on the equality and justice work to which we are also committed," wrote ACLU staffersContinue...Read More

European base prices for flat and long stainless steel products were stable this week, while market participants wait for the full range of alloy surcharges to be announced for July.Finnish stainless steelmaker Outokumpu's alloy steel surcharge for July deliveries of 2mm grade-304 cold-rolled (CR) stainless steel sheet has risen to ?,?1,647 ($1,907) per tonne, the company's website announced on Th...Read More

Bix and Will discuss the transition that is currently underway, cryptos, manipulation, deep state, and more...Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulatio...Read More

Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now above $600,000,Continue...Read More