Four fast figures facts:?- As depicted above in the Scoreboard through these first 14 weeks of 2018, gold's weekly closes have been tightly arrayed between 1314 and 1349. That's all: a range of 35 points, (or +2.7% from low-to-high). Thus price sits tight despite so many plights from tariffs and thievery to a stock market ever so shivery.?- The S&P 500 this year has twice closed weeks in the 280...Read More
"The Policy team has came to the conclusion that your content and your brand has been determined unsafe to the community."Continue...Read More
By John MauldinThe Best of TimesDashed SurplusGrowth Is the CureThe Great ResetCharlotte, Fort Lauderdale, Chicago, and RaleighThe future is tantalizing because it is both unknown and unknowable. At best, we can make educated guesses about tomorrow or next year. Sometimes, it's actually hard to understand what happened in the past, much less to chart how the future might unfold.The problem is th...Read More
The large speculators (non-commercials) increased their net-short position in silver for the third straight week. The last time they were net-short was in 2003 when silver rallied from $4.50 to $8.35 in 10-months (see bullish silver chart). Gold's COT improved with commercials reducing their short positions by 32,330 contracts. However, it remains moderately bearish at 351,473. Read full article h...Read More
When an entity needs to borrow ever-greater amounts of money to survive, the markets - that is, the people who are being asked to lend the money Continue...Read More
By Steve St. AngeloAs the U.S. and global oil industry continues to disintegrate under the weight increased debt and the Falling EROI - Energy Returned On Investment, analysts are still suggesting that solar and wind power are the solution to our energy problems. While there are many good reasons solar and wind can't provide us with the necessary energy needs in the future, the most import one...Read More
SHANGHAI, Apr 8 (SMM) – A listed lithium smelter in south-west China's Sichuan province shut down its production for maintenance at the end of March, sources told SMM. This is likely to affect 800 mt of lithium carbonate supply and may offer some support for the decreasing prices, according to SMM’s calculation For editorial queries, please contact Daisy Ts...Read More
The saying "the worm has turned" refers to the moment when the downtrodden have finally had enough, and turn on their powerful oppressors.Continue...Read More
The future is tantalizing because it is both unknown and unknowable. At best, we can make educated guesses about tomorrow or next year. Sometimes, it's actually Continue...Read More
"Something strange has been happening in precious metals lately...even as the paper market internals have increasingly predicted the opposite..."by John Rubino of Dollar CollapseSomething strange has been happening in precious metals lately. Gold has been doing a lot better than silver, even as the paper market internals have increasingly predicted the opposite. The result is a gold/silver ratio t...Read More
"The spread of bogus stories about the use of chlorine and other poisonous substances by (Syrian) government forces continues. Yet another such fabricated pieceContinue...Read More
Prices in the global billet market continued to trend downward in the week ended Friday April 6, spurred by a continuing decline in Chinese export billet prices as well as a recent sharp drop in import scrap prices in Turkey.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed on Friday at $348.78 per tonne cfr, down by $18.27 per tonne week-on week, while the daily index for...Read More
U.S.-based construction firm Fluor Corp subcontracted earth-moving work on the Quellaveco copper mine in Peru to local company Grana y Montero, in a sign the stalled $5 billion project could be reactivated.Grana said in a statement it had won a tender from Fluor for $53.9 million for work on Quellaveco, which is controlled by miner Anglo American. The work would last about 16 months, Grana said.Fl...Read More
"Many dead, including women and children, in mindless CHEMICAL attack in Syria. Area of atrocity is in lockdown and encircled by Syrian Army, making it completely inaccessible"Continue...Read More
Investing.com - Gold prices may continue to be underpinned by safe haven demand and a softer dollar in the coming week after rising on Friday amid renewed fears over trade tensions between the U.S. and China and after a weaker than expected U.S. jobs report.Metals traders will be watching developments relating to trade policy as tensions between the world’s two largest economies continue to...Read More
Readers know that I have beaten this drum all too often. Gold's major fundamental driver is declining or negative real rates. ThereContinue...Read More
MIT researchers published a paper this week where they explain that thin layers of solid oxide protective coating for metals can deform as if they were liquid, filling any cracks and gaps as they form.In a press release, the scientists explain that the coating layer should be especially useful to prevent the leakage of tiny molecules such as the hydrogen gas used to power fuel-cell cars or tritium...Read More
RAPAPORT... Sotheby's will auction two flawless white diamonds weighingover 50 carats each, estimated at a combined price of more than $15 million. The first is a round brilliant-cut, 51.71-carat stone,estimated at $8.2 million to $9.5 million, while the second is an oval-shaped, 50.39-caratdiamond, with an estimated price of $7.3 million to $8 million. Both stones areD color, flawless, type IIa a...Read More
(IDEX Online) - Organizers of the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, are gearing up for the inaugural show which takes place from April 23-25. And ahead of the international diamond week, preparations are in full swing for a cricket tournament that will be taking place from April 8-15, in the run-up to the Bharat Diamond Week. "There is a carnival atmos...Read More
RAPAPORT... Eli Avidar will step down as managing director of the IsraelDiamond Exchange (IDE) to pursue a career in politics. The IDE chief chose not to continue in his position as head ofthe bourse, which he has held since January 2016, and will leave shortly, hetold Rapaport News Sunday. He will also resign as managing director ofthe Israel Diamond Institute (IDI). The former diplomat plans to...Read More