NEW YORK (Reuters) - The U.S. dollar eased on Friday while an index of world stock markets gained and was poised for its best week since early March, as moderate inflation eased worries over a faster pace of U.S. interest rate hikes and boosted risk appetite.The dollar fell for a third day against a basket of major currencies as traders booked recent gains tied to widening interest rate gaps in fa...Read More

European banks and interest rates may seem confusing, but Danielle DiMartino Booth helps us paint a clearer picture of it all.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: A...Read More

By Ira EpsteinGold consolidates but still doesn't look ready to move much. https://www.iraepstein.com/ Read More

The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More

Click Here to Listen to the Interview - *the interview begins at 5:47Craig Hemke of the TF Metals Report joins Money Metals Exchange to talk about why he sees the dollar as tremendously overbought after its recent rally, what it's going to take for the metals to get moving to the upside again and breaks down two scenarios that the Fed hopes they won't encounter later this year but almost certainl...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort198,54891,10857,613181,586316,570437,747465,291Change from Prior Reporting Period -11,029-11,690-8,5431,8514,963-17,721-15,270Traders18783864953282184 Small Speculators LongShortOpen Interest 53,65126,107491,398 1,363-1,088-16,358 non reportable positionsChange from the previous...Read More

WASHINGTON (Reuters) - The U.S. International Trade Commission said on Friday it had made a final finding in a dumping investigation that imports of tool chests and cabinets from China and Vietnam were harming U.S. producers.The decision paves the way for the U.S. Commerce Department to slap duties of up to 327 percent on the goods for a five-year initial period.Last month, the Commerce Department...Read More

The Double StandardWhen Volkswagen executives found out U.S. regulations would kill one of their diesel models, they pulled some tricks. They fooled U.S. regulators by installing software which misrepresented the emissions released.But the U.S. found out, and arrested the top executives involved.One of them, a German citizen, was sentenced to 7 years in prison late 2017 for his role in the scan...Read More

The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

By Alasdair MacleodIt seems extraordinary that in defiance of all factual history and philosophical knowledge anyone should celebrate the bicentenary of the birth of Karl Marx. More than anyone, through wrong-headed ideas, he bears responsibility, indirectly admittedly, for the deaths of an estimated one hundred million people in the last century, and the severe suppression though economic and s...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

The blue-chip index grabbed a seventh straight positive finishThe Dow capped off a strong week by closing higher for a seventh consecutive session, securing its longest winning streak in six months. Healthcare stocks were in focus most of the day, as President Donald Trump outlined a plan he promised would "lower prices at the pharmacy counter." The S&P 500 also rose today, though a cooling tech s...Read More

NEW YORK (Reuters) - The U.S. economy is likely growing at a 2.97 percent annualized pace in the second quarter, little changed from the 2.96 percent rate calculated a week earlier, the New York Federal Reserve's Nowcast model showed on Friday.This week's data on import, producer and consumer prices led to virtual no change on the regional central bank's model to estimate the gross domestic produc...Read More

Via Sovereignman.comEvery year around this time I attend a small, private event to break bread with some of the most invigorating people I know.There's only about 100 people in the room– but they're all at the top of their game... business and intellectual leaders from a variety of industries.And we gather each year to build relationships with one another and hear about some cutting edge ide...Read More

JOHANNESBURG, May 11 (Reuters) - South Africa trade union Solidarity has submitted wage hike demands in the gold sector of at least 10 percent annually over the next three years, according to a document submitted to the Chamber of Mines seen by Reuters.Solidarity only represents about 2 percent of the workforce in South Africa's gold mines but its members are skilled artisans and supervisors who a...Read More

The mega-cap stocks that dominate the US markets are just wrapping up a truly-extraordinary earnings season. Naturally this first quarter under Republicans' new corporate tax cuts fueled surging profits. But sales were up big too, which is no mean feat for massive companies. With sustained growth at this torrid pace impossible, peak-earnings fears are mounting. And valuations stayed extr...Read More

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

From A Technical Analysis PerspectiveCrude remains short-termbullish as long as the nearest WTI contract trades above the blue dottedhorizontal support region.Oil ran up and made higherhighs inside the pale blue trend channel. The progress got confirmed bygeopolitical newsflow. Moreover, the most important commodity price gained despitea stronger US dollar. A breakout above the January 2018 h...Read More

 CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41%  The Metals: G...Read More