As we, the research team at www.TheTechnicalTraders.com, continue to deliver sections of this multiple part global market research report centered around China and Asia as a catalyst for an impending global market/debt collapse, we want to make sure our readers understand this process will likely play out over many months into the future. This is not something that we should concern ourselves wi...Read More
Remarks by Chris PowellSecretary/Treasurer, Gold Anti-Trust Action Committee Inc.Mining Investment Asia ConferenceMarina Bay Sands, SingaporeWednesday, March 28, 2018Mines and Money Asia ConferenceHong Kong Exhibition and Convention CentreWednesday, April 4, 2018The slides for this presentation are posted here:http://gata.org/files/GoldMarketManipulationUpdateApril2018Slides_0.pdfSlide 1 -- Titl...Read More
(Reuters) - U.S. automakers could be forced to rethink future production plans for several vehicles if the tit-for-tat tariff dispute brewing between the United States and China erupts into a full-blown trade war.General Motors Co (GM.N), which imports the Buick Envision crossover from China, said on Wednesday it is “too early” to say how the Trump administration’s proposed tarif...Read More
Stocks are bouncing from their early morning lowsThe Dow Jones Industrial Average (DJI) is well off its intraday lows, but is still in negative territory as China's tariff announcement sparks sharp losses from blue chips Boeing (BA) and Caterpillar (CAT). Meanwhile,the S&P 500 Index (SPX) is back above its 200-day moving average, as food names lead a rally in consumer discretionary stocks -- speci...Read More
SHANGHAI, Apr 4 (SMM) – China’s Zhiyuan Lithium has officially commissioned its first lithium salt production line with a capacity of 13,000 mt at the end of March, its parent company Weihua Group said in a statement.As part of a 40,000-mt lithium salt project, the production line includes 8,000 mt of battery-grade lithium carbonate and 5,000 mt of lithium hydroxide, according to China...Read More
Prices for hollow steel sections in Southern Europe have fallen by ?,?5-15 per tonne this week with producers continuing to look for orders, market sources said on Wednesday April 4.A low volume of completed sales of hollow sections on the spot market has led Southern European producer sources to lower their price expectations in recent weeks."Producers in Italy are more keen to get orders than th...Read More
By Ira EpsteinMonday up Tuesday down pattern puts gold nowhere.https://www.iraepstein.com/ Read More
In today's Crypto Audioblog, Andy Hoffman of CryptoGoldCentral.com and the World Crypto Network discusses the reason for Bitcoin's existence; the difference between Bitcoin and Altcoins; and his personal philosophy and crypto investment strategy.Andrew ("Andy") Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy's daily thoughts on cryptocurrencies and preci...Read More
SCHN is set to close below its 120-day moving average for the third day in a rowSchnitzer Steel Industries, Inc. (NASDAQ:SCHN) is set to report its fiscal second-quarter earnings tomorrow before the stock market opens. Over the past eight quarters, the stock has swung 4%, on average, in either direction in the session after the company reported. This time around, the options market is pricing in a...Read More
(Kitco News) - Gold prices are still holding moderate gains in late-morning dealingsWednesday. However, the yellow metal has backed down from its session high atthe same time the U.S. stock indexes have moved up from their daily lows. It appears today's price action in gold will be determined by the direction ofthe U.S. stock market. More downside pressure on the stock indexes would boostgold, w...Read More
SD Midweek: There's wild swings in many markets, and the week has so far been hard fought, but gold & silver have the upper hand. Here's an update...On Monday I said every inch on the charts would be hard fought this week.Check out the gold to silver ratio:Wow those gyrations.We've gone from over 83 to 79 and back up to above 82.I would like to clarify my "hard fought" statement like this:The acti...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
WASHINGTON (Reuters) - President Donald Trump’s top economic adviser, Larry Kudlow, predicted on Wednesday that there will be some positive news on efforts to renegotiate the NAFTA treaty relatively soon.“Don’t hold me to the timing here, but I think you’re going to see some positive news on NAFTA and maintaining NAFTA and reforming NAFTA and I think the stock market is goi...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
On this episode of America's Lawyer, Mike Papantonio and Carol Moore talk about an investigation that found hazardous chemicals in regularly consumed foods and drinks in America. Anya Parampil then details how the Corona beer producer is aiming to take the water rights of Mexicali residents. Then Mollye Barrows talks about how the IRS won its case to review thousands of accounts from the digital b...Read More
Automakers face stiffer Chinese import taxesThe U.S. stock market is plummeting today, after Beijing retaliated against Washington's threats of new tariffs by unveiling a list of U.S. products that will face stiffer import taxes, though it's not been announced when these will go into effect. Included on the list are automakers, and in reaction, shares of Detroit darlings Ford Motor Company (NYSE:F...Read More
SHANGHAI, Apr 4 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar inched up and stood firmly above 90 as US stocks rebounded and as the euro edged down.SHFE metals fell across the board, except for copper and nickel, with zinc down close to 1%. Most LME metals gained, with nickel up close to 1%. LME copper touc...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Many investors are familiar with the fact that President Franklin Roosevelt closed all of the banks in America and confiscated all of the privately-owned gold by executive Continue...Read More
WASHINGTON (Reuters) - U.S. services sector activity slowed in March, held down by a drop in new orders, while private employers maintained a brisk pace of hiring.The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing activity index fell 0.7 point to a reading of 58.8 last month. A reading above 50 indicates expansion in the sector, which accounts for more than two-third...Read More