The attempts to mask inflation are reaching truly ludicrous proportions. Bloomberg reports that the "guts of the US CPI show key inflation weakest in years."What are the "guts?"Housing rents... which the CPI claims are falling.That's interesting, because:1) Apartment rents rose in 89% of US cities in January.2) Rents as a percentage of income are at their highest levels ever.3) The sup...Read More

- Gold Cup at Cheltenham - 'The Olympics' of the European horse racing calendar - Gold Cup trophy contains 10 troy ounces of gold - worth ?9,000- ?620 million bets on horses, 230,000 pints of Guinness will be drunk, 9.2 tonnes of potato eaten - Since the 5th century BC, gold has been the ultimate prize to award champions and gold has been constantly and universally awarded as top prize...Read More

The latest news and price moves to start the Asian day on Thursday March 15.Base metals prices on the London Metal Exchange were on divergent paths at the close on Wednesday March 14, with copper driving higher while the rest of the complex retreated. Read more here in our live futures report.Here are how LME prices looked at Wednesday's close:Metal Bulletin has learned that Teck Resources ha...Read More

Political developments in the USA will prevent the US dollar from sharp gains before the Federal Reserve meeting next week. Inflation meeting the Federal Reserve's target implies that a minimum of three interest rate hikes will be there. The fourth interest rate hike will be dependent on energy prices. Gold and silver are firm due to reduced chances of four interest rate hikes this year. Trump...Read More

Breakthrough Sound Money Bill Becomes Law Today with Wide SupportCheyenne, Wyoming - Sound money activists rejoiced as the Wyoming Legal Tender Act became law today. The bill restores constitutional, sound money in Wyoming.Backed by the Sound Money Defense League, Campaign for Liberty, Money Metals Exchange, and in-state grassroots activists, HB 103 removes all forms of state taxation on gold an...Read More

Bitcoin prices fell to the lowest levels in a month Wednesday after Google said it would ban ads for initial coin offerings and digital currency trading platforms as regulatory oversight in the global cryptocurrency market tightens. The move, which is set to take effect in June, follows a similar decision by Facebook and suggests regulatory pressures are starting to inhibit the marketing potenti...Read More

The attempts to mask inflation are reaching truly ludicrous proportions. Bloomberg reports that the "guts of the US CPI show key inflation weakest in years."What are the "guts?"Housing rents... which the CPI claims are falling.That's interesting, because:1) Apartment rents rose in 89% of US cities in January.2) Rents as a percentage of income are at their highest levels ever.3) The sup...Read More

Political developments in the USA will prevent the US dollar from sharp gains before the Federal Reserve meeting next week. Inflation meeting the Federal Reserve's target implies that a minimum of three interest rate hikes will be there. The fourth interest rate hike will be dependent on energy prices. Gold and silver are firm due to reduced chances of four interest rate hikes this year. Trump...Read More

The ECB dropped its easing bias on Thursday. Monetaryhawks are pleased. But doves are holding tight. And what does gold do?Hawks Awakenin Frankfurt…A major change at the European Central Bank! OnThursday, it removed its long-standing pledge to increase bond buys if needed.In January we could read that statement: (…) if theoutlook becomes less favourable, or if financial conditions be...Read More

Prices for steel beams in Europe could come under downward pressure in the coming weeks because of waning demand, despite mills plotting further price rises, sources told Metal Bulletin on Wednesday March 14."Demand for beams is not strong, which means that we are selling below our budget in terms of tonnes," one Northern European distributor said.Stockholders continue to hold bloated volumes of b...Read More

 CloseGain/LossGold $1325.20-$0.60Silver$16.55-$0.02XAU79.79+0.11%HUI174.19-0.04%GDM607.88+0.17%JSE Gold1077.28-12.85USD89.74UNCHEuro123.67-0.23Yen94.14+0.26Oil$60.96+$0.2510-Year2.817%-0.030T-Bond145.875+0.71875Dow24758.12-1.00%Nasdaq7496.81-0.19%S&P2749.48-0.57%  The Metals: Gold gained $4.30 to $1330.10 in Asia before it fell back to $1321.60 in midmorning New York trade...Read More

- Gold Cup at Cheltenham - 'The Olympics' of the European horse racing calendar - Gold Cup trophy contains 10 troy ounces of gold - worth ?9,000- ?620 million bets on horses, 230,000 pints of Guinness will be drunk, 9.2 tonnes of potato eaten - Since the 5th century BC, gold has been the ultimate prize to award champions and gold has been constantly and universally awarded as top prize...Read More

BERLIN (Reuters) - Germany's Angela Merkel will head to France on Friday, the first foreign trip of her fourth term as chancellor, to discuss bilateral, European and international topics with French President Emmanuel Macron, a German government spokesman said.Earlier on Wednesday, German lawmakers re-elected Merkel as chancellor of Europe's biggest economy, almost six months after a federal elect...Read More

The attempts to mask inflation are reaching truly ludicrous proportions. Bloomberg reports that the "guts of the US CPI show key inflation weakest in years."What are the "guts?"Housing rents... which the CPI claims are falling.That's interesting, because:1) Apartment rents rose in 89% of US cities in January.2) Rents as a percentage of income are at their highest levels ever.3) The sup...Read More

 CloseGain/LossGold $1325.20-$0.60Silver$16.55-$0.02XAU79.79+0.11%HUI174.19-0.04%GDM607.88+0.17%JSE Gold1077.28-12.85USD89.74UNCHEuro123.67-0.23Yen94.14+0.26Oil$60.96+$0.2510-Year2.817%-0.030T-Bond145.875+0.71875Dow24758.12-1.00%Nasdaq7496.81-0.19%S&P2749.48-0.57%  The Metals: Gold gained $4.30 to $1330.10 in Asia before it fell back to $1321.60 in midmorning New York trade...Read More

By Ira EpsteinGold and silver trending slightly lower.https://www.iraepstein.com/ Read More

Gold has been trending higher since making the lows at 12.3.2015. From $1046.54 low, Gold rallied in 3 waves into the 7.6.2016 peak ($1375.15) and then pullback in 3 waves into the low at 12.15.2016 ($1122.81). Cycle from 12.15.2016 low has a 4 hour Bullish sequence as the yellow metal shows 5 swing sequence with a target of $1450.00. As far as Gold stays below below 7.6.2016 peak ($1375.15), ther...Read More

Prices for hollow steel sections in Northern Europe have fallen by ?,?5 ($6) per tonne this week, with some mills accepting lower bids to secure orders, market participants told Metal Bulletin on Wednesday March 14.Meanwhile, Southern European prices widened upward by ?,?5 per tonne, with the large Italian mills being more successful in driving up their offer prices, sources said.Metal Bulletin's...Read More

Serious problems affect Americans. Problems first, solutions at the end!We did what to ourselves? Our representatives, senators, and Presidents, supposedly acting on our behalf, voted for and created what history has shown are huge monetary and fiscal mistakes.Some will disagree, but consider this partial list:1 - Central banking and The Federal Reserve Act: Enough money was spread around Washingt...Read More

(Kitco News) - Gold prices arenear steady in early U.S. trading Wednesday. The yellow metal is so farignoring a batch of U.S. economic data, including a producer price index reportthat was a bit hotter on inflation than expected. April Comex gold futures werelast up $1.20 an ounce at $1,328.20. May Comex silver was last up $0.023 at $16.650an ounce.Thekey economic data points of the day Wednesday...Read More