Gold and silver will see a sell off if they fail to break key resistances of $1327 and $1740. Copper needs to trade over $318.40 for the rest of the week to prevent a sell off. Crude oil looks headed for $65.00. Crypto currency volatility (I will not call it a sell off) should be positive for bullion. Chinese demand will zoom in bullion before their New Year next month. Chinese buyers will be us...Read More

JPMorgan & Chase Co. (JPM) CEO Jamie Dimon said Tuesday that he regretted calling bitcoin a "fraud" but insisted he was not interested in the subject even as the market capitalisation of the world's three biggest digital currencies tops that of his own investment bank. Dimon famously dismissed bitcoin the virtual currency concept a "fraud" and said he'd fire any of his traders for dealing in...Read More

(Kitco News) - Gold saw a modest drop during the Asian trading hours on Tuesday after the U.S. Dollar Index reported gains in the previous North American session.Spot gold on Kitco.com was last seen trading at $1,316.70, down 0.23% on the day.Kitco’s senior technical analyst, Jim Wyckoff, pointed out that U.S. stock indexes saw gains on Monday and hit new record highs, which served as a...Read More

Turkish steel mills continued their February bookings of scrap imports from the Baltic Sea region on Tuesday January 9, with the United States market still quiet because of the heavy winter conditions.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 24,000 tonnes of HMS 1&2 (80:20) at $374 per tonne, 5,000 tonnes of bonus at $384 per tonne and 1,000 tonnes of...Read More

By Ira EpsteinIs gold going to start a downside correction?https://www.iraepstein.com/ Read More

"For years, many of you have endured burdensome fines, inspections, paperwork and relentless intrusion from an army of regulators at the EPA, the FDA and countless other federal Continue...Read More

"This reported action directly contradicts what Attorney General Sessions told me prior to his confirmation. With no prior notice to Congress, the Justice Department has trampled on the will of the voters in CO and other states.Continue...Read More

DAKAR, Jan 9 (Reuters) - Democratic Republic of Congo, Africa's top copper producer, collected $489.2 million in revenues from the mining sector in the first nine months of last year, up more than 9 percent over the same period in 2016, the finance ministry said.In a quarterly report seen by Reuters on Tuesday, the ministry said revenues from the oil and gas sector rose nearly 71 percent over the...Read More

Metal Bulletin has today discontinued its index for CFR China 60% Fe Iranian Iron Ore Fines.After a consultation period, Metal Bulletin has suspended its weekly Iranian Iron Ore Fines Index, which was published every Wednesday.The MBIOI-IR Index was launched in October 2015 after a period...Read More

Maybe.Since central banks began their B.S. back in 2001, when the Bank of Japan first began Quantitative Easing efforts, I've warned that it wouldn't be enough... that none of Continue...Read More

(Adds more quotes from analysts, context on BOJ's policy)TOKYO/HONG KONG, Jan 9 (Reuters) - Speculation the Bank of Japan may wind back its monetary stimulus this year gripped markets on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. Traders appeared to latch on to the BOJ announcement that it will buy less of the long-dated bonds, sending the dol...Read More

Gross: Bond bear market confirmed today. 25 year long-term trendlines broken in 5yr and 10yr maturity Treasuries.Continue...Read More

Iron ore exports from Western Australia's Port of Port Hedland rose 5% on the year to the highest ever in December, according to data released by the Pilbara Ports Authority on Tuesday January 9.The port shipped 46.19 million tonnes of the steelmaking raw material last month, compared with 43.94 million tonnes in December 2016. The volume is also 11.7% higher than November exports of 41.35 million...Read More

I'm calling 2018 "The Year of Living Dangerously." That description might seem odd to lot of observers. Major U.S. stock indexes keep hitting new all-time highs.Continue...Read More

European markets edged higher Tuesday, while U.S. equity futures suggested a modestly positive open on Wall Street as investors pared their appetite for global stocks ahead of the start of the corporate earnings season, a modest dollar rebound and rising Treasury bond yields. The Stoxx Europe 600 index added 0.28% in the opening minutes of trading to 399.53 points, testing two-and-a-half year hi...Read More

Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More

Stephen K. Bannon has stepped down from Breitbart News Network, following a very public feud with President Trump Continue...Read More

Brazilian exports of carbon steel slab and billet increased in 2017, according to the country's foreign trade ministry, MDIC.Exports of carbon steel slab reached 7.3 million tonnes in 2017, up 23.49% from the 5.91 million tonnes exported in 2016, according to the figures released late last week.The US was the largest...Read More

Jan 10 (Reuters) - Stock Markets Net ChngStock MarketsNet ChngS&P/ASX 200** 6,135.805.40NZX 50**8,433.23 7.75DJIA25,411.31 128.31NIKKEI**23,849.99135.46Nasdaq7,177.558 20.17 FTSE**7,731.02 34.51S&P 500 2,757.339.62Hang Seng** 31,011.41111.88SPI 200 Fut 670719STI** 3,524.65 12.47SSEC**3,414.835.35KOSPI** 2,510.23 -3.05-------------------------------------------------------------------------...Read More

China's central bank has altered the strategy used to manage the yuan, effectively removing a component used by banks to calculate their Continue...Read More