By Susanne BartonThis year hasn't been kind to precious-metal stock pickers at the world's biggest asset manager, but their luck may be about to turn.The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity funds, it was the second-worst performer after another BlackRock gold fund domi...Read More

 CloseGain/LossGold $1333.40+$1.70Silver$16.31-$0.11XAU80.84 -0.47%HUI 175.18-0.37%GDM 610.01-0.63%JSE Gold1093.05-11.82USD90.13-0.09Euro122.86+0.20Yen93.67-0.17Oil$63.37-$0.1410-Year2.806%+0.021T-Bond145.50-0.21875Dow24264.30 +0.96%Nasdaq 7042.11+1.45%S&P 2644.69+1.16%  The Metals: Gold gained $16.40 to $1348.10 at about 9AM EST before it slid...Read More

This interview is sure to be controversial. Right from the beginning, Roberts states that "the worst thing that happened to America was the collapse of the Soviet Union, because it removed the only constraint on American unilateralism." Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administratio...Read More

The comments above & below is an edited and abridged synopsis of an article by Mark O'ByrneThis is an article by ex-New York Fed Vice President John Exter first published in the May 22, 1972 issue of Barron's, and he asks, "What is money anyway?"First, it is a means of payment or medium of exchange, for paying bills, for buying goods and services. We also accept money when we sell. Second, it is...Read More

Cowen upgraded SAM shares to "market perform" from "underperform"Stocks have erased sharp early morning losses to trade in positive territory. Amid specific stocks seeing volatile trading are pharmaceutical firm Tenax Therapeutics Inc (NASDAQ:TENX), software name Cloudera Inc (NYSE:CLDR), and beer maker Boston Beer Company Inc (NYSE:SAM). Here's a quick roundup of what's moving shares of TENX, CLD...Read More

- Civil rights leader Martin Luther King Jr. assassinated 50 years ago today- An anti-war campaigner, protesting against the damage inflicted by military operations- King was almost prophetic in his vision that wars would drive a bigger wedge between rich and poor- Foresaw the damage that would come to US in terms of costs to society and the economy- Fifty years on Western nations can learn from...Read More

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More

Fund manager David Kranzler says Trump's hawkish cabinet appointments come at a concerning time.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting a...Read More

The comments above & below is an edited and abridged synopsis of an article by Christopher AaronThe price of gold is determined by supply and demand, which are functions of the two most basic human emotions: fear and greed.Yet gold is unique among markets in that newly mined supply is inherently limited, its extraction rate being roughly equivalent to new population growth on a year-over-year basi...Read More

China will cut value-added tax (VAT) on all imported goods by 1 percentage point, 5.9%, effective from May 1, the Finance Ministry and State Administration of Taxation said in a filing late on Wednesday April 4. China currently applies two VAT rates for different products; 17% for almost all products and 11% for some products, including agriculture. The rates will be...Read More

– Gold signs off Q1 2018 with best run since 2011 – Gold price supported by safe haven demand, interest-rate concerns and inflation – Trade wars and concerns over equity market have sent investors towards gold – ETF holdings highest in nearly a decade – Goldman Sachs: ‘The dislocation between the gold prices and U.S. rates is here to stay’ Gold ended Marc...Read More

Options traders had been targeting calls before todayAutomobile stock Fiat Chrysler Automobiles NV (NYSE:FCAU), like thesesector peers, has experienced erratic price action today as the U.S. and China exchange trade blows. At last check, FCAU was up 0.3% at $21.85, but that hasn't stopped options traders from targeting puts. Taking a closer look, roughly 4,300 FCAU options have changed hands today...Read More

Dollar values are falling, and many countries are recalling their gold reserves. Are we witnessing a resurgence in the gold standard?Demise Of The Dollar And The Gold RushThe last century truly belonged to the United States. Commercial and cultural dominance following the Second World War meant that for many year, the dollar was regarded as the most reliable reserve currency in the world. This is...Read More

John Maynard Keynes once famously called gold the "barbarous relic". The emergence of the cryptocurrencies seems to validate that thesis. Will gold survive in the digital era? Bitcoin as Digital GoldLet's face it. Bitcoin and gold are similar. Both assets are rare and their supply is limited (it cannot be increase at will by politicians or central bankers). Actually, Bitcoin was conceived as th...Read More

 CloseGain/LossGold $1333.40+$1.70Silver$16.31-$0.11XAU80.84 -0.47%HUI 175.18-0.37%GDM 610.01-0.63%JSE Gold1093.05-11.82USD90.13-0.09Euro122.86+0.20Yen93.67-0.17Oil$63.37-$0.1410-Year2.806%+0.021T-Bond145.50-0.21875Dow24264.30 +0.96%Nasdaq 7042.11+1.45%S&P 2644.69+1.16%  The Metals: Gold gained $16.40 to $1348.10 at about 9AM EST before it slid...Read More

Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More

 CloseGain/LossGold $1333.40+$1.70Silver$16.31-$0.11XAU80.84 -0.47%HUI 175.18-0.37%GDM 610.01-0.63%JSE Gold1093.05-11.82USD90.13-0.09Euro122.86+0.20Yen93.67-0.17Oil$63.37-$0.1410-Year2.806%+0.021T-Bond145.50-0.21875Dow24264.30 +0.96%Nasdaq 7042.11+1.45%S&P 2644.69+1.16%  The Metals: Gold gained $16.40 to $1348.10 at about 9AM EST before it slid...Read More

A 78-year-old homeowner in London has been arrested for murdering an armed burglar who attempted to steal from the older man. Continue...Read More

(Reuters) - U.S. stocks were marginally higher in afternoon trading on Wednesday, recovering from a steep drop at the start of the session on fears of a deepening trade conflict between the United States and China.Beijing hit back against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars,...Read More

Full Article: TRADE WARS, PETROYUAN, DEBTS - $32,000 GOLD & $500 SILVERBy: Egon von GreyerzIs this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built on debt which will never be repaid. And a debt which is artificially supporting $100s of trillions of assets and quadrillions if we i...Read More