How do you know when to underweight or overweight gold or silver? Mike Matousek, head trader at U.S. Global Investors, explains how he looks at the gold and silver price ratio to determine the opportune time to adjust weightings. Mike also explains silver's seasonal trading pattern and that historically returns are higher in the months of June, July and August.For Mike's full explanation of thes...Read More

Traders are on edge as the world awaits Trump's decision on IranIt's been a volatile day for stocks, with major equity indexes bouncing between positive and negative territory as investors anxiously await President Donald Trump's decision on whether or not to move forward with the nuclear deal with Iran. The president is expected to make his announcement from the White House at 2:00 PM Eastern. Ag...Read More

About a year ago, Argentina - which has inflated away and/or defaulted on its currency every few decades for the past century - issued 100-year government bonds. And the issue was oversubscribed, with yield-crazed developed-world institutions throwing money at the prospect of a lifetime of 7% coupon payments. A contemporaneous media account of the deal:Argentina sees strong demand for surprise 1...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) took a hit on Wednesday after the company announced it had found a blockage in the pipeline that carries copper concentrates from the Los Pelambres processing plant to nearby ports.The company said it would take up to three months for stocks to return to normal, which will affect both projected output and sales in the six months ending June 30...Read More

* Market awaits Trump decision on Iran nuclear deal * Spot gold may revisit May 1 low of $1,301.51/oz -technicals (Updates prices, headline; adds comment, second byline, NEWYORK to dateline)By Renita D. Young and Maytaal AngelNEW YORK/LONDON, May 8 (Reuters) - Gold prices were flatfollowing a brief increase on Tuesday after the U.S. dollarbacked down from a new 2018 high as worries hovered that th...Read More

Scott Ritter is one of the most experienced American weapons inspectors and in this interview with Dennis J. Bernstein he gives a frank assessmentContinue...Read More

Source: Maurice Jackson for Streetwise Reports 05/08/2018 Technical analyst Chris Vermeulen of Technical Traders speaks with Maurice Jackson of Proven and Probable about what he sees in the charts for Platinum Group Metals. -->Maurice Jackson: Joining us today is Chris Vermeulen of Technical Traders. Today, we will be discussing why you should consider platinum in your portfolio. Chris, we'...Read More

By Steve St. AngeloAs the markets and financial system continue to be propped up by an ever-increasing amount of debt and leverage, precious metals investors need to understand the two most important reasons to invest in gold and silver. While one of the reasons to own precious metals is understood by many in the alternative media community, the more important critical factor is not.The motiva...Read More

A short squeeze could help fuel a big bounceThe shares of Array Biopharma Inc (NASDAQ:ARRY) have struggled since peaking two months ago. However, ARRY stock has pulled back to a historically supportive trendline, suggesting it could be time to buy the dip. What's more, Array Biopharma is scheduled to report earnings tomorrow morning, and the shares have a history of rallying after quarterly releas...Read More

WASHINGTON (Reuters) - A senior White House official on Tuesday denied a New York Times report that said U.S. President Donald Trump had told France’s President Emmanuel Macron that he would be withdrawing from the Iran nuclear deal.“The president did not tell Macron those things,” the official said.Reporting by Steve Holland; Writing by Makini Brice; Editing by Bill Trott Discl...Read More

Part 1 (parts 2 & 3 below)Part 2Part 3Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian...Read More

SHANGHAI, May 9 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke the 93 level and registered a fresh, four-month high of 93.29 overnight following hawkish comments from the Federal Reserve Board chairman Jerome Powell. US President Donald Trump’s announcement to withdraw the US from the Iran nuclear de...Read More

By Rory HallNormally, I don't step out and make such bold statements as gold mining supply IS collapsing, however, in this case it seems appropriate. We have reported on several occasions just in the past week, here, here and here how some of the largest mining companies in the world are seeing massive reductions in gold production. While funding continues to flow into mining companies new disco...Read More

Valeant said it will change its name to Bausch Health in JulyShares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) are surging today -- up 15.9% to trade at $21.05, and on track for their best day since Nov. 7 -- after the drugmaker reported stronger-than-forecast first-quarter adjusted profit and sales, boosted its full-year revenue forecast, and said it is changing its name to Bausch Health Comp...Read More

NEW YORK (Reuters) - Oil prices dived as much as 4 percent on Tuesday as media reports rattled markets with doubts about whether U.S. President Donald Trump would withdraw Washington from the Iran nuclear deal as most had expected.A CNN report first raised doubts about whether Trump would impose sanctions as quickly as the market had expected, a decision that would reduce global crude supplies and...Read More

Former Congressman Ron Paul joins Larry with his take on Donald Trump, the Russia probe, and warns of a 'secret government' operating in the U.S. Then former Defense Secretary William Cohen on the potential pitfalls in negotiating with North Korea.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the...Read More

Exporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have not cut offers further citing a slight improvement in the global market. CIS producers cut their offer prices in early April and again later in the month.Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $580-590 per tonne fob Black Sea on Monday May 7, nar...Read More

Graceland Updates By Stewart Thomson 1. Please click here now. Double-click to enlarge this daily gold chart. Gold has traded in a drifting rectangle pattern for most of this year.2. Please click here now. Double-click to enlarge this important weekly gold chart. 3. The rectangle pattern on the daily chart is part of a huge weekly chart base pattern. That has been form...Read More

World focus is on Trump's Iran decision. My personal view is that the Nuclear deal with Iran will be cancelled. New trade sanctions will be imposed on Iran. Republican-Saudi nexus want crude oil prices to form a lower floor at $100. They want crude oil prices to rise to $100 as soon as possible. In order to achieve this motive, trade sanctions on Iran will have to be imposed on some pretext. Nat...Read More

SHANGHAI, May 8 (SMM) – South32's offer of Australian ore with 46% Mn fell $0.4/dmtu month on month and stood at $7.8/dmtu cif in June, SMM learned. The downward adjustment was expected by domestic buyers. However, the lower offer in June still stands higher from the latest spot price, SMM learned. SMM assessed Australian ore with 46% Mn at 57.5 yuan/dmtu&nb...Read More