CloseGain/LossGold $1314.00-$6.00Silver$17.00-$0.12XAU84.95-1.55%HUI192.30-1.33%GDM647.49-1.30%JSE Gold1286.67-32.45USD92.51+0.17Euro119.39-0.28Yen88.88+0.41Oil$62.96+$1.2310-Year2.548%+0.069T-Bond150.21875-1.50Dow25385.80+0.41%Nasdaq7163.58+0.09%S&P2751.29+0.13% The Metals: Gold fell $11 to $1309 in midmorning New York trade before it bounced back higher into the close, but it still ended...Read More

The U.S. economy added only 148,000 jobs in December.Gold prices reacted in a choppy way, confusing some analysts. Why?December Payrolls DisappointTotal nonfarmpayroll employment increased only 148,000 in December, the slowest pace in threemonths. The employment gains were generally widespread, but the biggestemployers were construction (+30,000), leisure and hospitality (+29,000),education a...Read More

What caused the biggest jump since the Financial Crisis?Continue...Read More

The latest bids, offers and deals in the global markets for steel billet, slab and bloom. Latest transactions: billetBillet Iran, export, billet, traded at $518 per tonne cfr,...Read More

The World is $233 Trillion In Debt: It's Time to Rebalance To Gold- Record level global debt level hit $233 trillion in Q3 2017- World's per capita debt now more than $30,000- UK personal debts climbed to the highest level since credit crunch, reaching more than ?200bn- US consumer credit highest jump in 2 years by 8.8% in November to $3.83 trillion- BofE warn UK banks could incur ?30bn of losse...Read More

* Target joins retailers that recorded strong holiday sales* Microsoft halts some AMD chip Meltdown patches after PCs freeze* Indexes up: Dow 0.45 pct, S&P 0.26 pct, Nasdaq 0.16 pct (Updates to early afternoon)By Sruthi ShankarJan 9 (Reuters) - Wall Street's major indexes inched higher on Tuesday as financial, healthcare and industrial stocks extended the new year rally powered by expectations...Read More

The gold miners' stocks have huge upside potential in 2018, likely the best among stock-market sectorsContinue...Read More

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

Timeis more important than price. That’s what we – investors – are often made tobelieve regarding the future price movement. And rightfully so. The price couldreach a bottom several dollars ahead of the predicted price target or it couldbreak through it, leaving investors wondering, if there was a breakdown andthus they should expect to see another big downswing shortly. With tim...Read More

Prices for imported steel billet in the UAE have increased this week while rebar prices in that country and in Saudi Arabia have remained stable, sources have told Metal Bulletin.Demand for imported rebar, meanwhile, was very weak in both countries because local prices were more competitive.BilletIranian mills were offering billet at $520-525 per tonne cfr to the UAE for late-March delivery, while...Read More

Crypto and stock prices grabbed most of the investment headlines in 2017. But by the end of 2018, a different asset class is bound to spark investor's attention.Continue...Read More

NEW YORK, Jan 9 (Reuters) - The U.S. Treasury Department on Tuesday sold $24 billion of three-year government notes at a yield of 2.080 percent, which was the highest yield at an auction for this debt maturity since May 2007 when it was 4.574 percent, Treasury data showed.The ratio of bids to the amount of three-year note offered was 3.13, comparable to the 3.15 at the prior three-year auction hel...Read More

Since the late '90s, the US has increasingly financed its "growth" with debt.As a result, the amount of debt in the system, relative to GDP, has skyrocketed.The notion that we can "grow our way" out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014... and the Government has STILL runs $400+ Billion deficits Every. Single. Year.Put another way, the US Governm...Read More

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss gold's recent moves and potential signs of a bull market.Gold is up nine of the last 12 Januaries with an average gain of over 4%, and the trend has continued in 2018 with gold reaching an intraday high of $1,327 so far this year. From December 19 of last year, gold rose 10 trading days in a row. Is this another rally destined to di...Read More

Since the late '90s, the US has increasingly financed its "growth" with debt.As a result, the amount of debt in the system, relative to GDP, has skyrocketed.The notion that we can "grow our way" out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014... and the Government has STILL runs $400+ Billion deficits Every. Single. Year.Put another way, the US Governm...Read More

Chinese ferro-silicon prices continued to soften over the past week amid operational restarts in the country's Ningxia province, while the European market reached new highs on tightened supply. Chinese domestic prices edge lower amid production restarts Chinese exporters drop offers amid lack of buying interest European market realizes new highs on thin supplyUS spot market falls dormant, prices o...Read More

* Wall Street rises to record highs again, extends 2018 rally* U.S. crude oil futures rise to highest since Dec 2014 (Updates with midday U.S. activity; changes byline, dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, Jan 9 (Reuters) - Stocks in world indexes continued their flying start to the year on Tuesday as bank stocks gained, while U.S. oil touched its highest since late 2014. A...Read More

I told subscribers to expect $1320 to function as a headwind for gold on this rally, and that's happening right on schedule. This is the important weekly gold chart.Note that the two biggest volume bars both occurred as key events in India occurred. It could be said that when America catches a general stock market cold, world markets get the flu.Horrifically, when India catches the gold demand sni...Read More

 CloseGain/LossGold $1314.00-$6.00Silver$17.00-$0.12XAU84.95-1.55%HUI192.30-1.33%GDM647.49-1.30%JSE Gold1286.67-32.45USD92.51+0.17Euro119.39-0.28Yen88.88+0.41Oil$62.96+$1.2310-Year2.548%+0.069T-Bond150.21875-1.50Dow25385.80+0.41%Nasdaq7163.58+0.09%S&P2751.29+0.13%  The Metals: Gold fell $11 to $1309 in midmorning New York trade before it bounced back higher into the close,...Read More

Since the late '90s, the US has increasingly financed its "growth" with debt.As a result, the amount of debt in the system, relative to GDP, has skyrocketed.The notion that we can "grow our way" out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014... and the Government has STILL runs $400+ Billion deficits Every. Single. Year.Put another way, the US Governm...Read More