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The Race to Repatriate Gold Reserves Accelerates

March 16, 2018 / news.goldseek.com

By Nathan McDonaldFor years, a trend has developed that, much to the dismay of global financial elites, has taken hold and will only accelerate from this point on. The trend I speak of is none other than the global repatriation of gold reserves from Western powers such as the United States and the United Kingdom. Since the end of World War 2, both have been the main depositories of gold reserves...Read More

TURKEY FLAT STEEL: Prices dip on weakening demand

March 16, 2018 / www.metalbulletin.com

Flat steel prices in Turkey's domestic market went down slightly this week, while import and export prices were unchanged amid weak demand, market participants told Metal Bulletin on Friday March 16.Local producers were fully booked until June.Domestic pricesHot-rolled coil (HRC) producers in Turkey have been offering material at $670 per tonne ex-works for late-May and early-June production, whil...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week

March 16, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1313.60-$2.90-0.75%Silver$16.33-$0.06-1.51%XAU78.70-0.14%-0.25%HUI171.16-0.24%-1.02%GDM598.50-0.3%-0.81%JSE Gold1050.82-17.12-6.73%USD90.21+0.06+0.09%Euro122.87-0.18-0.17%Yen94.32+0.21+0.67%Oil$62.34+$1.15+0.48%10-Year2.845%+0.020-1.79%Bond145.46875-0.34375+0.98%Dow24946.51+0.29%-1.54%Nasdaq7481.99+0.00%-1.04%S&P2752.01+0.17%-1.24%  The Metals: G...Read More

Wall Street climbs as tech, financial stocks gain

March 16, 2018 / www.kitco.com

(Reuters) - Gains in technology and financial stocks lifted Wall Street on Friday but the main indexes were still on track to record losses for the week that was dominated by trade war worries and political uncertainties.Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 14, 2018. REUTERS/Andrew KellyShares of JPMorgan (JPM.N) and Bank...Read More

Asian Metals Market Update: March-16-2018

March 16, 2018 / news.goldseek.com

Gold and silver fell on uncertainty in global financial markets. The USA is trying to blackmail South Korea over trade tariffs by saying that it will roll back military support. Black mailing will not work with South Korea. The USA needs South Korea as an ally MORE than the other way around. USA/NATO now wants to command the South China Sea and the Indian Ocean due to the mineral wealth under th...Read More

Zscaler Stock Soars Above IPO Price

March 16, 2018 / www.schaeffersresearch.com

Plus, Amyris' 4Q results blew past expectationsThe Dow is maintaining a solid lead today, but is still heading for a weekly loss. Among individual names making notable moves are direct-to-consumer mattress company Purple Innovation Inc (NASDAQ:PRPL), cosmetics ingredients expert Amyris Inc (NASDAQ:AMRS), and cloud issue Zscaler Inc. (NASDAQ:ZS). Here's a quick look at what's driving shares of PRPL...Read More

Gold miners' Q4'17 fundamentals

March 16, 2018 / www.mining.com

The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the resu...Read More

Is the Economic Summer Coming?

March 16, 2018 / news.goldseek.com

Cycles, cycles everywhere. We've already discussed the current state of the U.S. business cycle, arguing that the expansion should last for a while, although it is more advanced than in Europe. However, business cycles aren't the only creatures living in an economic zoo. They are simply the most popular within the modern macroeconomics. The post-war business cycles lasted, on average, almost 6 y...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week

March 16, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1313.60-$2.90-0.75%Silver$16.33-$0.06-1.51%XAU78.70-0.14%-0.25%HUI171.16-0.24%-1.02%GDM598.50-0.3%-0.81%JSE Gold1050.82-17.12-6.73%USD90.21+0.06+0.09%Euro122.87-0.18-0.17%Yen94.32+0.21+0.67%Oil$62.34+$1.15+0.48%10-Year2.845%+0.020-1.79%Bond145.46875-0.34375+0.98%Dow24946.51+0.29%-1.54%Nasdaq7481.99+0.00%-1.04%S&P2752.01+0.17%-1.24%  The Metals: G...Read More

Is The Economic Summer Coming?

March 16, 2018 / www.gold-eagle.com

Cycles, cycles everywhere. We've already discussed the current state of the U.S. business cycle, arguing that the expansion should last for a while, although it is more advanced than in Europe. However, business cycles aren't the only creatures living in an economic zoo. They are simply the most popular within the modern macroeconomics. The post-war business cycles lasted, on average, almost 6 yea...Read More

Is Barrick Gold Bottoming? / Commodities / Gold and Silver 2018

March 16, 2018 / www.marketoracle.co.uk

We have seen downgrade after downgrade on Barrick Gold (ABX) for years. Many keep looking lower and lower, with some even considering that this stalwart in the miners’ complex may even go out of business due to its debt load.However, back in 2015, it was one of the first miners to bottom. In fact, when we saw the potential bottoming of ABX in 2015, we actually opened our EWT Miners Portfolio...Read More

Ira Epstein's Metals Video 3 16 2018

March 16, 2018 / news.goldseek.com

By Ira EpsteinMetals continue to work lower due in part to stronger US Dollar. https://www.iraepstein.com/ Read More

South America's flat steel import prices down as buyers resist high offers

March 16, 2018 / www.metalbulletin.com

Imports prices for flat steel products in South America fell back this week after the recent upsurge, with buyers resisting high prices."Chinese mills are trying to raise prices further, but bids are coming at lower levels, forcing firms to back off," a Brazil-focused trader said.Metal Bulletin's weekly price assessment for hot-rolled coil (HRC) imports into South America declined to $640-650 per...Read More

Fed search for Dudley's successor narrows to a 'handful'

March 16, 2018 / www.kitco.com

Fed search for Dudley's successor narrows to a 'handful' Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not...Read More

Canadian Solar Hoping To Buck Ugly Earnings Trend

March 16, 2018 / www.schaeffersresearch.com

Put buying has been popular on Canadian Solar stock in recent weeksSolar stocks are in the news today, after GTM Research slashed its U.S. solar power installations forecast in the wake of President Trump's solar panel tariffs. In addition, brokerage firm UBS weighed in on several solar stocks, including initiating coverage on Canadian Solar Inc. (NASDAQ:CSIQ) with a "sell" rating and $15 price...Read More

Triggers And March Trigger Impending

March 16, 2018 / news.goldseek.com

DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence Major Market Moves and indeed, Trends, often begin with a Triggering Event (like the one coming later this month See Deepcaster's Alert posted March 16 for its identity) so it is essential to identify these Triggers...Read More

Gold Swoons But Novo Blasts Higher

March 16, 2018 / www.gold-eagle.com

Here are today's videos and charts (double-click to enlarge):SFS Key Charts & Video UpdateSF60 Key Charts & Video UpdateSF Juniors Key Charts & Video AnalysisSF Trader Time Key Charts & Video Analysis*********Unique Introduction For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you my special "Which Candlestick Is Boss?" video update for cryptocurrency, and 3...Read More

COT Gold, Silver and US Dollar Index Report - March 16, 2018

March 16, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,43166,48382,713161,604350,414478,748499,610Change from Prior Reporting Period -11,1564,71919,9028,183-7,91016,92916,711Traders17874884957262192 Small Speculators LongShortOpen Interest 48,01427,152526,762 1,7331,95118,662 non reportable positionsChange from the previous repor...Read More

STEEL WEEK IN BRIEF: Section 232 wrap, US steel prices, iron ore below $70 per tonne...

March 16, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Once again, Metal Bulletin's team has written extensively about the effects of the United States government's recent decision to impose tariffs of 25% on steel imports. Reactions from global economies, the effect on US prices and market comments were all analyzed. You can find a summary of these analyse...Read More

3 Solar Stocks With New 'Buy' Ratings

March 16, 2018 / www.schaeffersresearch.com

UBS is predicting a big increase in U.S. solar installations in upcoming yearsBrokerage firm UBS initiated coverage on several solar stocks this morning, including First Solar, Inc. (NASDAQ:FSLR), Solaredge Technologies Inc (NASDAQ:SEDG), and JinkoSolar Holding Co., Ltd. (NYSE:JKS). The firm estimated U.S. solar installations will rise to 14.7 gigawatts in 2020, and gave FSLR, SEDG, and JKS "buy"...Read More

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