WASHINGTON (Reuters) - President Donald Trump’s administration went before the U.S. Supreme Court on Wednesday to defend the legality of his travel ban targeting people from several Muslim-majority countries, one of the most contentious actions of his presidency.The conservative-majority, nine-member court began hearing a scheduled hour of arguments in a challenge led by the state of Hawaii...Read More

The blue-chip index is on track to extend its longest losing streak in more than a yearThe Dow Jones Industrial Average (DJI) has turned lower once again, putting the index on pace for a sixth straight loss. While Boeing (BA) continues to trade higher following its impressive earnings report, the gains have been offset by sharp slides for a number of blue chips, including Coca-Cola (KO) and Americ...Read More

By Ronan Manlyhttps://www.bullionstar.com/On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS).The source of the Ahval report was a Turkish lang...Read More

Domestic prices for hot-dipped galvanized coil (HDG) in the EU have been under pressure from low offers from Turkey, sources told Metal Bulletin on Wednesday April 25."HDG prices [in Southern Europe] showed a reduction due to the offers from Turkey. European steelmakers are struggling to get close to the level of import prices," an Italian trader said.Metal Bulletin's weekly price assessment for i...Read More

Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More

Washington, DC (April 25th, 2018) - A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America's gold reserves, including, apparently, efforts to "drive gold out of the world financial system in favor of the Federal Reserve Note or Special Drawing Rights issued by the International Monetary Fund."In a letter d...Read More

(Reuters) - Dow Jones Industrial Average futures erased losses on Wednesday after Boeing reported strong results and forecast, but concerns about rising U.S. bond yields and corporate costs continued to weigh on U.S. stocks.Boeing (BA.N), the world’s biggest planemaker, rose 2.1 percent after it reported a higher-than-expected quarterly profit and raised its full-year forecast for earnings a...Read More

CoT data could also spell trouble for crude, if past is prologueThe United States Oil Fund (USO) has been in a channel of higher lows since mid-2017, and touched a new two-year high of $14 on April 19, shortly before a tweet from President Donald Trump briefly threw crude futures for a loop. However, USO options are sending up a signal not seen since around the oil price peak in mid-2014, accordi...Read More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More

By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD. While I...Read More

Domestic prices for cold-rolled coil (CRC) in Europe have moved down over the past week due to slow trading activity, sources told Metal Bulletin on Wednesday April 25.The market has been slow because distributors are more focused on selling material from stock than on making new deals with mills."I foresee a weak market for the whole month of May," a Southern European trader said.In addition, Sou...Read More

Adopt the pace of nature; her secret is patience.Ralph Waldo Emerson For a long time, we have been stating sharp pull-backs should be viewed through a bullish lens. In this article published in Nov 2017, we stated the following; View strong corrections through a bullish lens. This game plan will remain valid until the masses turn bullish or the trend turns negative. The stronger the deviati...Read More

Marshall has been looking for signals of the bottom, and now he's long. Here's what it means for silver investors... Editor's Note: When Marshall mentions a "few more months", Marshall is talking about the globalists pulling the plug on the global financial system to cause global economic collapse. See this post and this post if you're not familiar with the boldest call out there (some would eve...Read More

LONDON (Reuters) - The dollar hit a four-month high on Wednesday after a rise in benchmark U.S. Treasury yields above 3 percent rattled some currency bears and led investors to consider whether the greenback was breaking out of a prolonged weak spell.The U.S. 10-year treasury yield has risen to its highest in more than four years, driven by worries about the growing supply of government debt and i...Read More

Twitter recorded a second straight quarter of profitsShares of Twitter Inc (NYSE:TWTR) were up 5% earlier, after the social media firm recorded its second profitable quarter in the first three months of 2018 -- making it two in a row -- logging better-than-expected adjusted earnings of 16 cents per share on $655 million in revenue. Monthly active users also grew 6% year-over-year to 336 million, m...Read More

Picking up where DoubleLine CEO Jeff Gundlach left off yesterday with his Ira Sohn recommendation, which as a reminder was to short Facebook on concerns of regulatoryContinue...Read More

By Steve St. AngeloToday we are getting another whiff of what's wrong in the markets. Currently, the Dow Jones Index is down over 500 points, and the NASDAQ is off by more than 100 points. Who knows where the markets will finally end up at the close of trading, but it really doesn't matter. Markets aren't valued in days or weeks; rather it takes months and years. So, be patient, and you...Read More

What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure - it generates enormous definition and classification problems. But it's understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold really is. Let's solve this problem once and for all. It will enable us later to adopt the right gold investing philosophy. Have y...Read More

United Arab Emirates steel producer Conares Steel cut its domestic rebar price on Wednesday, April 25. The company is offering rebar at 2,216 dirhams ($603) per tonne ex-works, down from 2,381.5 dirhams per tonne ex-works. The...Read More

BISHKEK (Reuters) - Kyrgyz gold miner Kyrgyzaltyn has not yet seen or studied an offer by Chaarat Gold Holdings (CGH.L) to take over the Kumtor gold mine, its deputy chief executive, Bektur Sagynov, said on Wednesday.Chaarat Gold on Tuesday made a proposal to buy Kyrgyzstan’s largest gold mine, Kumtor, from Canada’s Centerra Gold (CG.TO) for an undisclosed cash sum, in a deal that woul...Read More