Stephen Stanley, chief economist and Xavier Negroni, co-head of the finance desk at Amherst Pierpont Securities, joins the Grant's team to try and make sense of the jump in short rates, while speculating on the Fed's next move.2:17 The mighty dollar is getting no respect6:48 The Feds Powell debuts in front of congress8:30 What are credit spreads telling us?11:15 "Investors have lots of choices"17:...Read More

Major blow to the EU! The populist Five Star Movement won about one-third of the votes in the Italian general elections. It's another negative shock for the European establishment. Will these stars shine on gold? Five Stars Movement TriumphsWe live in strange times. To be a hairstylist, you need a license. But you can become a politician being just a comedian and telling jokes. We refer here to...Read More

WASHINGTON (Reuters) - New orders for U.S.-made goods recorded their biggest decline in six months in January and business spending on equipment appeared to be slowing after strong growth in 2017.Factory goods orders fell 1.4 percent amid a broad decrease in demand, the Commerce Department said on Tuesday. That was the largest drop since July 2017 and followed five straight monthly increases. Fact...Read More

This is the sort of article that should lead to a flat-out boycott and destruction of this "newspaper". Specifically, they speak of Mexico, which has extremelyContinue...Read More

Barrick Gold (NYSE, TSX:ABX), the world's top miner of the precious metal, is moving forward with its global employee share plan, which aims at making every staff member an owner of the company.As part of the initiative, launched in 2016, the Canadian miner's employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares, it said Tuesday."Just like...Read More

The rising interest-rate trend in the US isn't new and isn't related to the Fed's so-called "policy normalisation" program. However, it has only just started to matter.That the rising interest-rate trend isn't new and isn't related to the Fed's rate-hiking efforts is clearly illustrated by the following chart. This chart shows that the US 2-year T-Note yield began trending upward in 2011 more...Read More

China's hot-rolled coil export prices surged on Tuesday March 6 with a few importers agreeing to pay more despite a softening of the country's domestic market.DomesticEastern China (Shanghai): 4,100-4,120 yuan ($646-650) per tonne, down by 20 yuan per tonneNorthern China (Tianjin): 4,040-4,060 yuan per tonne, down by 30 yuan per tonneSpot prices fell amid a stronger interest among market participa...Read More

CloseGain/LossGold $1333.70+$14.10Silver$16.74+$0.31XAU80.80+2.15%HUI177.86+2.01%GDM615.99+2.08%JSE Gold1140.09+31.92USD89.62-0.38Euro124.10+0.74Yen94.26+0.01Oil$62.60+$0.0310-Year2.884%UNCHT-Bond144.1875+0.0625Dow24884.12+0.04%Nasdaq7372.01+0.56%S&P2728.12+0.26% The Metals: Gold gained $18.90 to as high as $1338.50 in late morning New York trade before it edged back lower into the close,...Read More

Jeff Clark: Mike Maloney revealed that he recently made a large purchase of silver because of how undervalued it is. And he bought silver instead of gold because of how high the gold/silver ratio is.If you want to mimic Mike’s purchase of silver while it’s still undervalued, history says you only have 27 days to do so. As many of you know, the gold/silver ratio (the price of gold divi...Read More

Marc Morano says there's plenty of polar bears and their number has actually been increasing. Marc is much more concerned by less freedom. More regulation. Higher costs. Make no mistake: those are the surefire consequences of the modern global warming campaign waged by political and cultural elites, who have long ago abandoned fact-based science for dramatic fearmongering in order to push increase...Read More

Democratic Republic of Congo President Joseph Kabila's plan to discuss proposed changes to mining royalties with mining company representatives on Tuesday was postponed by a day, a government minister said.No reason was given for the decision to delay the meeting."It will be tomorrow before noon," Mines Minister Martin Kabwelulu said in a text message.Top executives from eight international mining...Read More

- RaboDirect Ireland to close online savings accounts in Irish market on May 16- RaboDirect holds over EUR3 billion in deposits from its 90,000 Irish customers- Irish savers now exposed to still indebted Irish banks and bail-ins- Marian Finucane heard recently that buying gold is for "ordinary people" and not just for "rich and posh people"- By owning gold "if banks go belly up again you woul...Read More

- RaboDirect Ireland to close online savings accounts in Irish market on May 16- RaboDirect holds over EUR3 billion in deposits from its 90,000 Irish customers- Irish savers now exposed to still indebted Irish banks and bail-ins- Marian Finucane heard recently that buying gold is for "ordinary people" and not just for "rich and posh people"- By owning gold "if banks go belly up again you woul...Read More

The latest news and price moves to start the Asian day on Wednesday March 7.The three-month copper contract on the London Metal Exchange rebounded to more than $7,000 per tonne for the first time this month at the 5pm close on Tuesday March 6, with the metal undergoing a short-covering rally. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex cop...Read More

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More

As we noted in yesterday's missive, the new Fed Chair Jerome Powell is rapidly changing the focus of the Fed in terms of monetary policy.A large component of this stems from Powell's experience prior to join the Fed. Indeed, Powell is the first Fed Chair with any kind of banking experience (albeit investment banking) since Alan Greenspan: former Fed Chairs Janet Yellen and Ben Bernanke were both c...Read More

VANCOUVER, March 5, 2018 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp") is pleased to announce that Acoustic Zoom is the winner of #DisruptMining 2018, the innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest challenges in mining. Acoustic Zoom impressed the judges with their ultra high-frequency 3D drill hole seismic imaging and earned the op...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

By OlivierGarret : We’verecently witnessed what I consider to be a turning point for the stock market.Just whenmany predicted another growth year for the markets, on Monday, February 5, theDow plunged by 1,600 points—its greatest point drop in history. Source: Money.CNN The suddendecline shook investors’ bullishness to the core. Many belatedly rememberedthat markets do not alway...Read More

Spanish steel import volumes rose by 4.90% year-on-year in 2017, while exports fell in the same year, according to Unesid, the country's steel association.The volume of steel imported into Spain was 9.90 million tonnes in 2017, up by 4.90% year-on-year, according to Unesid, while exports fell by 5.90% to 8.80 million tonnes.One reason for this was that local consumption increased at the same time...Read More