The metals continue to trade in arange and now that range is narrowing, indicating a big move is on the horizon.The only question is which way -- just like Elmer Fudd in the Bugs Bunnycartoons, which way did he go?Congestion is the toughestpattern to read because the markets continue to make a series of double topsand double bottoms. The congestion phase can easily be named the confusionphase beca...Read More

Vancouver, British Columbia - April 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") is pleased to announce additional underground sampling results from its Cerro Blanco Gold project in Guatemala. Bonanza grade gold and silver mineralization at Cerro Blanco is associated with epithermal quartz-adularia veins an...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Irredeemably Yours... Yuan Stops Rallying at the Wrong MomentThe so-called petro-yuan was to revolutionize the world of irredeemable fiat paper currencies. Well, since its launch on March 26 - it has gone down. It was to be an enabler for oil companies who were desperate to sell oil for gold, but could not do so until the yuan oil contract. After becoming progressively stronger over the past year...Read More

Turkish domestic ship scrap prices have fallen slightly with the Turkish lira weakening against the US dollar, while auto bundle scrap prices remained flat, sources said on Monday April 9.Metal Bulletin's weekly price assessment for melting scrap from shipbreaking in the Turkish domestic market fell to $341-350 per tonne delivered, down from last week's $343-353 per tonne.The downward movement in...Read More

Sales fell 50% last quarter: Dubai Gold & Jewellery GroupGold souk shops available to rent for first time in yearsDemand for gold jewelry in the United Arab Emirates plummeted in the first quarter, and traders say they know the culprit: the value-added tax.Wholesale gold jewelry sales in Dubai, sometimes known as the City of Gold, fell 50 to 60 percent in the first quarter from a year earlier afte...Read More

CloseGain/LossGold $1337.30+$4.30Silver$16.50+$0.14XAU81.05-0.60%HUI175.74-1.04%GDM613.89-0.36%JSE Gold1111.01-7.05USD89.84-0.26Euro123.21+0.38Yen93.71+0.10Oil$63.42+$1.3610-Year2.780%+0.003T-Bond146.09375+0.0625Dow23979.10+0.19%Nasdaq6950.34+0.51%S&P2613.16+0.33% The Metals: Gold fell $6.10 to $1326.90 in London, but it then rallied back higher in New York and ended near its late sessio...Read More

* USD/JPY has broken 100-HMA support by the 106.90 Ldn low * CBO's worrisome US budget forecasts take toll* Pair was a rare USD gainer earlier today, falls into line * 106.71 up trendline from Tues's low cracks, 200-HMA 106.62 * Bearish daily Cloud, 50% Fibo and 55-DMA rejections weigh * Daily Kijun and last week's low at 106.02/5.66 next props Disclaimer: The views expressed in this article are...Read More

Jim Bianco, president of Bianco Research, LLC, joins the team to talk bonds, the Fed and much more.1:00 Where are rates going?5:51 The Fed and the Heisenberg principle11:07 Potential consequences of a decade of interest rate price control15:10 The significance of a three percent 10-year yieldJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a...Read More

The challenge facing the world's major copper miners is how to tread the fine line between keeping capital expenditure in check while bringing new capacity online to take advantage of future higher prices. With memories of the 2008-09 global financial crisis fresh in the minds of company executives and management boards, the focus over the past several years has been on cutting costs, selling non-...Read More

* Dollar index slips to lowest since March 28 * Stock volatility no big factor for ECB so far: Draghi (Updates market action)By Saqib Iqbal AhmedNEW YORK, April 9 (Reuters) - The dollar fell against abasket of currencies on Monday, on persistent worries about apotential trade conflict between the United States and China andas the euro rose following comments from European Central BankPresident Mar...Read More

Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.Last Friday, the U.S. Treasury Department imposed sanctions on seven Russian oligarchs including metal magnate Oleg Deripaska, as well as 12 companie...Read More

Part 1 (part 2 below)Part Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight bo...Read More

Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed and interpreted this company's recent drill results. In the field.In an April 4 research note, Canaccord Genuity analyst Eric Zaunscherb reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS) released the stepout drill results from the Marathon gold deposit and Sprite zone bog area, which "provide further evidence of a large-scale...Read More

COLORADO SPRINGS, Colo., April 09, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced the northwest expansion of the Arista Mine's Arista vein system with twelve additional step-out and infill drill holes. Intercepts include 2.00 meters of 6.68 grams per tonne (g/t) gold and 864 g/t silver; 2.08 meters of 1.98 g/t gold and 1,583 g/t silver;...Read More

Comex copper prices were in consolidation mode in start-on-the-week trading while markets await further clarity on the possibility of a trade war breaking out between the United States and China.Copper for May settlement on the Comex division of the New York Mercantile Exchange inched down 0.25 cents or 0.1% to trade recently at $3.0560 per lb. Talks are intensifying between the world's two e...Read More

* Dollar eases versus currency basket, stocks firm * Palladium set for biggest one-day rise in 3 months * GRAPHIC-2018 asset returns: (Updates prices, headline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, April 9 (Reuters) - Gold prices rose onMonday as the U.S. dollar turned lower, but caution over theprospect of a potential escalation in the China-U.S. tradedispute, upcoming U.S. data and U...Read More

Those worried that the positive momentum in the mining and metals sector is beginning to wane after two years of strong gains may find encouragement from a new survey by private capital tracker Preqin.Fundraising by unlisted funds for investment in mining and metals was a non-starter last year. A single private capital fund closed last year after rustling up all of $24 million.A further 13 funds...Read More

?>>?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 New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political ca...Read More

A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comApril 9, 2018 This is no April Fools' joke, folks: Trump's tweets and threats on trade tariffs are treating us to tremendous turmoil in the financial sector. Some investors are visibly nervous given the recent downturn and a doubling of market volatility. However, let's put some levity on the current situa...Read More