Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.Mr. Celente, thanks again for the time today and welcome back.Gerald Celente: Oh, it's always great being on. Thank you.Mike Gl...Read More
Import prices for re-rolling-grade hot-rolled coil sold into Vietnam dropped this week after traders lowered their offers amid China's weakening steel market.Metal Bulletin's assessment of HRC import prices in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $630-640 per tonne cfr for the week ended Monday March 12, down $5-10 per tonne...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 CIN Index continued its hard won rebound from the February sell-off. As trading began, it soon found support at the 20-day moving average (1264 area) where it consolidated a few days before lifting up and through its 50-day moving average (1278) to close at 1281.15. In...Read More
Full description and comments at: https://www.peakprosperity.com/podcas...Author and commentator James Howard Kunstler returns as our podcast guest this week for an update on where we are in The Long Emergency timeline.In this wide-raging discussion ranging from the pervasiveness of propaganda in today's media to the risk of nuclear war, Kunstler also re-news his warnings of a current secular econ...Read More
By John MauldinLabor 2030Surplus WorkersWealth Tax ComingHome Again, Home Again, Jiggity-JigWe've just wrapped the Strategic Investment Conference, which in many ways is the best week of my year. Seeing so many old friends, making new ones, and having countless fascinating conversations is my idea of heaven.On the other hand, this particular heaven is also exhausting. I've been running at full p...Read More
LONDON (Reuters) - The euro's rally on Monday fizzled as a more-dovish-than-expected central bank meeting last week continued to weigh on the single currency, while a revival in risk appetite hurt the dollar against higher-yielding currencies.Strong U.S. jobs numbers and receding fears over a trade war helped a rebound in markets, and when markets have rallied this year the euro has tended to bene...Read More
Recently Brittany Pettibone and Martin Sellner were detained when attempting enter the United Kingdom and held for an extended period of time as they awaited deportation. Sellner had been invited to give a speech by UKIP youth wing Young Independence and Pettibone had plans of interviewing Tommy Robinson - but both were prohibited from entering the country. Read More
By Avi GilburtDo you think we will ever see a week of market moves associated with news events for which you will not shake your head?Week after week I think analysts say something so stupid that I just want to scream. As I have pointed out so many times over the years, I keep hoping that some form of sanity will grip pundits one day. I keep hoping that they may wake up and recognize the error o...Read More
CloseGain/LossGold $1323.70+$0.20Silver$16.55-$0.03XAU79.67+0.98%HUI174.41+0.86%GDM607.04+0.60%JSE Gold1105.94-20.68USD89.88-0.25Euro123.42+0.34Yen94.06+0.37Oil$61.36-$0.6810-Year2.867%-0.030T-Bond144.75+0.59375Dow25178.61-0.62%Nasdaq7588.32+0.36%S&P2783.02-0.13% The Metals: Gold fell $9.10 to $1314.40 at about 8AM EST, but it then rallied back higher throughout most of t...Read More
Italian long steelmaker Pittini has completed the acquisition of the "commercial and logistic facilities" at compatriot steelmaker Ori Martin's Ceprano rebar mill in central Italy, a spokesman confirmed to Metal Bulletin on Monday March 12."The [distribution] center will work in synergy with our other Italian plants in Potenza [in southern Italy], Osoppo, Verona and Nave [in northern Italy]," the...Read More
Inthe free analysis that we posted lastMonday,we warned that Friday’s session was likely to be volatile and tricky. Thisseems to have indeed been the case for silver. The white metal declined earlyin the day only to rally almost 40 cents from the initial low. In our previousalert, we discussed the possibility of silver topping at about $16.65 and thislevel was reached. Is silver about to tak...Read More
3 Hot Things in the Market Right Now General Electric's (GE) stock looks to build on last week's surprising 6% gain. Spotify is reportedly shooting for an April 2 listing of its stock.The collective valuations of U.S. tech stocks, as well as online retailer and Action Alerts Plus holding Amazon (AMZN) , have now topped $7 trillion, according to Bank of America Merrill Lynch, a figures that...Read More
I set up a simple experiment at Yale University to test how much pain an ordinary citizen would inflict on another person simply because he was ordered to by an experimental scientist.Continue...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as...Read More
Kuwait's ministry of finance has increased the duty applied to imports of rebar to 10% from the previous 5%, effective from March 1 this year until the end of February 2019, Metal Bulletin has heard.There is only one rebar producer active in Kuwait, KWT Steel, with capacity for 1.2 million...Read More
* Stocks jump to two-week high after U.S. data* Report shores up bets on more U.S. rate hikes* GRAPHIC-2018 asset returns: (Updates prices, adds comment)By Jan HarveyLONDON, March 12 (Reuters) - Gold fell on Monday as theprevious session's upbeat U.S. payrolls data sparked a freshrally in stock markets and shored up expectations that theFederal Reserve would press ahead with further interest rater...Read More
The analysis we have been conducting regarding the US and global markets shows one very interesting component that many people are overlooking – the pricing pressure in precious metals. Our research team at Technical Traders Ltd. has attempted to understand and this pricing pressure in relation to the strong international demand exhibited by China, India, Russia, and others.The be...Read More
Focus in on retaliation measures after Trump's tariff. Traders have ignored the exceptional US February nonfarm payroll numbers. Global stock markets are expected to rise. Sentiment for the US dollar is still weak. Now the focus will be on the FOMC meet. The pace of interest rate hikes is the key and not the actual hike. An early Easter (in March) does have temporary economic implications. I b...Read More
We've just wrapped the Strategic Investment Conference, which in many ways is the best week of my year. Seeing so many old friends, making new ones, and having countless fascinating conversations is my idea of heaven.Continue...Read More