Takingprofits on our short positions and closing them on Thursday turned out to be agood idea. Gold, silver and – on an intraday basis – mining stocks moved higheron Friday, while the USD Index declined. But, is the rally over after just oneday? Not likely – gold’s and miners’ turning points are likely to result insomething more than just a daily rally. So, how high i...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index popped as high as 1290.99 before slicing through supports in the 1270s to close at 1259.08. The Index lost 21 points for a loss of 1.6%, as it recorded its first decline in three weeks.Support is now at 1251 and 1241. Resistance is at 1260 (which...Read More

CloseGain/LossGold $1319.60-$2.30Silver$16.43-$0.08XAU79.10+0.44%HUI174.35+0.78%GDM603.42+0.25%JSE Gold1108.17+0.60USD90.00+0.06Euro123.36+0.08Yen94.25-0.41Oil$62.57+$1.3210-Year2.884%+0.024T-Bond143.96875-0.46875Dow24874.76+1.37%Nasdaq7330.70+1.00%S&P2720.94+1.10% The Metals: Gold gained $5.80 to $1327.70 in Asia before it dropped back to $1317.40 by midafternoon in New York, but it then...Read More

There isn't much precedent for a high-ranking White House official meeting with executives of corporations as they are deciding on sizable loans to his businessContinue...Read More

VIENNA (Reuters) - A collapse of the Iran nuclear deal would be a“great loss”, the U.N. atomic watchdog’s chief warned U.S. President Donald Trump on Monday, giving a wide-ranging defense of the accord and his agency’s work under it.Trump has threatened to withdraw the United States from the accord between Tehran and six world powers, signed in 2015 before he took office, u...Read More

COLORADO SPRINGS, CO., March 05, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Friday, June 22, 2018 at Embassy Suites located at 10250 East Costilla Avenue, Centennial, CO 80112. Gold Resource Corporation is a gold and silver producer, developer and...Read More

Brazilian long steel imports increased by 198.66% year-on-year in February 2018, with higher shipment volumes coming from Turkey.Imports of non-alloyed long steel products amounted to 29,392 tonnes during the month, against 9,841 tonnes in the February 2017, according to figures released by the country's foreign trade ministry, MDIC,...Read More

The Italian election will have an impact on the euro and will also affect decision making among Eurozone members. Merkel gets a fourth term in Germany. I do not foresee a sustainable government in Germany. Merkel's pro migrant chant will reduce if she needs to stay in power. Even new Italian leaders will support the need to take in less migrants. Less migrants implies less chaos and lawlessness...Read More

"Perhaps the most abused farm animals, nearly 280 million laying hens in the United States are confined in barren wire battery cages so Continue...Read More

3 Things to Know About Markets Right Now The S&P 500 is now flat on the year.The S&P 500 is also flat dating back to when the tax reform act was enacted on Dec. 22.Asian shares are down for five straight days. Market Snapshot U.S. equity futures weakend Monday, while European stocks extended gains, as global investor concern over an impending trade war eased and governmen...Read More

Acrossthe world’s big energy markets, the energy war rages on.OPEC andU.S. producers have been competing for years, but it’s now clear who’s winning thisfight.Americanproduction of crude oil rose to an all-timehigh, surpassing 10 million bpd. InFebruary, the International Energy Agency predicted that U.S. shale outputcould meet all new global demand, thanks to its “extraord...Read More

The Italian election will have an impact on the euro and will also affect decision making among Eurozone members. Merkel gets a fourth term in Germany. I do not foresee a sustainable government in Germany. Merkel's pro migrant chant will reduce if she needs to stay in power. Even new Italian leaders will support the need to take in less migrants. Less migrants implies less chaos and lawlessness...Read More

The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

The coming credit crisis in China is no secret.China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy.Continue...Read More

Growth in the Chinese manufacturing sector slowed significantly in the first two months of 2018, and coupled with falling figures for car and house sales the outlook would appear to be far from positive.With a large portion of the year so far having been taken up by official holidays, however, the overall health of China's economy is clearly distorted right now, so it is difficult to draw any clea...Read More

Let's continue on our topic of capital consumption. It's an important area of study, as our system of central bank socialism imposes many incentives to consume and destroy capital. As capital is the leverage that increases the productivity of human effort, it is vital that we understand what's happening. We do not work harder today, than they worked 200 years ago, or in the ancient world. Yet we...Read More

Technical analyst Clive Maund charts silver and explains why he is bullish on the metal.The purpose of this update is to commemorate the Large Specs having their first net short position in silver since the site started 15 years ago, and also to consider how we can turn this to our advantage. Before we look at silver's latest extraordinary COT chart and consider its implications, we will first qui...Read More

The Fed officially has a new Fed Chair, Jerome Powell. And ever since he took office, it is clear that "something" has changed at the Fed.That something is the famed "Fed put" or the idea that the Fed would immediately move to prop up stocks any time they began to fall.Jerome Powell was sworn in as Fed Chair on February 5th 2018. At that time, the market was in the sharp sell-off annotated in the...Read More

Anbang Insurance Group is one of China's largest and most aggressive financial institutions. It is known for its huge customer base, high leverage, and fast-paced deal making.Continue...Read More