Inflation is now reaching a crescendo.The fact is that inflation develops in stages in the economy. The first stage concerns the price of items being bought and sold by wholesalers. We saw this begin to surge starting in the middle of last year. And it was a global phenomenon.Paying more for something is manageable for a while. However, at some point the increase in prices is passed on into the ec...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

Inflation is now reaching a crescendo.The fact is that inflation develops in stages in the economy. The first stage concerns the price of items being bought and sold by wholesalers. We saw this begin to surge starting in the middle of last year. And it was a global phenomenon.Paying more for something is manageable for a while. However, at some point the increase in prices is passed on into the ec...Read More

March 21 is just over a week away. That's when the Federal Open Market Committee, FOMC, the Fed's interest rate policy arm, will raise interest rates anotherContinue...Read More

Import prices for rebar in Singapore fell over the past week with buyers taking the opportunity to stock up on the long steel product amid a softening Chinese market.Metal Bulletin's assessment of import prices for rebar in Southeast Asia - which mainly looks at cargoes sold into Singapore on a theoretical weight basis - was $565-575 per tonne cfr for the week to Monday March 12, down $15 per tonn...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

For Part 1 of this interview, CLICK HERERick Rule, CEO of Sprott U.S. Holdings, and Amir Adnani, CEO of Uranium Energy Corp., discuss the role base metals play in the future of energy.Rule said that while cobalt is attracting media attention for its use in the "electrification of things," investors need to be cautious of companies that are not legitimately mining cobalt."You have to be in Congo, o...Read More

US Secret Service Also Frustrated with US Mint's "Lack of Supporting Action" Washington, DC - Congressmen Alex Mooney (R-WV) criticized the United States Mint for its "disappointing and concerning" lack of awareness or action on the growing problem of high-quality counterfeits of US precious-metals coins entering the country from China and elsewhere.In a letter dated March 6, Rep. Mooney took the...Read More

Inflation is now reaching a crescendo.The fact is that inflation develops in stages in the economy. The first stage concerns the price of items being bought and sold by wholesalers. We saw this begin to surge starting in the middle of last year. And it was a global phenomenon.Paying more for something is manageable for a while. However, at some point the increase in prices is passed on into the ec...Read More

March 12 (Reuters) - Gold prices fell on Monday as the dollar held steady after data showed the U.S. economy added a larger-than-expected number of jobs in February.FUNDAMENTALS* Spot gold was down 0.1 percent at $1,322.15 per ounce at 0123 GMT. Prices touched their lowest since March 1 at $1,312.99 in the previous session.* U.S. gold futures for April delivery fell 0.1 percent to $1,322.10 per ou...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

COLORADO SPRINGS, CO, March 12, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the purchase of the County Line gold property located in Mineral and Nye Counties, Nevada from Nevada Select Royalty Inc. ("Nevada Select"), a wholly-owned subsidiary of Ely Gold Royalties Inc. (TSX-V: ELY, OTC: ELYGF). Gold Resource Corporation is a gold...Read More

The Turkish steel mills paused their deep-sea scrap purchases on Monday March 12, following the news about the United States applying import duties under Section 232, heard late last week.Market participants were unsure about the future direction of the market after US President Donald Trump used his powers under Section 232 to officially sign the previously announced tariffs on steel and aluminiu...Read More

Recently, the gold/silver ratio broke and held above the 80 level for the first time since before 2000 and is now hovering at that level again. This have attracted much attention from commentators, at least one of whom saw it as a distinct opportunity for investors to "...sell gold and buy silver!" - advice that at first thought makes strange sense for PM bulls. Gold has been the focus for such a...Read More

Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More

U.S. Secret Service Also Frustrated with U.S. Mint's "Lack of Supporting Action" Washington, DC (March 12, 2018) - Congressmen Alex Mooney (R-WV) criticized the United States Mint for its "disappointing and concerning" lack of awareness or action on the growing problem of high-quality counterfeits of U.S. precious-metals coins entering the country from China and elsewhere.In a letter dated March...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 a...Read More

Felix Sater, the man at the center of a controversial email "tying" President Trump to Russia while trying to work a business deal, has come forwardContinue...Read More

Demand for imported scrap in Turkey could suffer as a result of the United States applying tariffs on shipments of Turkish steel, a spokeswoman for German steel recycling association BDSV told Metal Bulletin on Monday March 12.Lower demand for Turkish steel in the US under tariffs could lead to a drop in steel production in Turkey and lower scrap demand from the country, the spokeswoman said.Altho...Read More

Think back to the halcyon days of the dot com boom. This was a time after Greenspan declared "irrational exuberance". Long Term Capital Management collapsed in 1998, and Greenspan decided to risk propelling exuberance to a level beyond irrational. Super-duper-irrational exuberance?Anyway, Greenspan cut interest rates a few times in late 1998. Technology companies were able to raise $5 million or m...Read More