By USAGOLDSummer, 2018 On the law of long-term time preference and gold ownership"The Law of Long-Term Time Preference - Those who plan, invest and execute long-term win. Win-win decisions, looking to the long term with short-term work and sacrifice, are historically the tickets to success in all areas of life - short-term sacrifice for long-term benefits, deferred gratification rather than inst...Read More

By Steve St. AngeloThe world is standing at the edge of the financial abyss while most investors are entirely in the dark. However, specific indicators suggest the market is one giant RED BLINKING LIGHT. One of these indicators is the amount of margin debt held by investors. What is quite surprising about the level of investor margin debt is that it has hit a new record high even though th...Read More

Source: Jack Chan for Streetwise Reports 07/02/2018 Jack Chan's updated charts for the precious metals markets include a look at how the Canadian dollar relates to gold and silver prices. --> Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gol...Read More

By David HaggithEven the best day of the year for stocks in the United States struggled to pull this market into better shape. While summer is a down period overall for stocks, July 2nd holds the position of being historically the most bullish day of all for the S&P 500. Why? The S&P 500 shows an average return of +.32% on July 2nd and is, at least, positive 83.33% of the time. The Dow turns in...Read More

Dear Friend of GATA and Gold:GoldCore's daily blog today reprints analysis by Jim Rickards in his latest Gold Speculator letter arguing that the great "global monetary reset" often speculated about is already underway, as indicated by the recent close correlation between the gold price and the International Monetary Fund's super-currency, the Special Drawing Right, which began shortly after the...Read More

What a fall! The price of gold dropped about $100 since mid-April, or about $50 since mid-June. What is happening in the precious metals market? World Is Dangerous, but Gold Falls in Q2 Let's analyze the chart below. As one can see, the second quarter of 2018 was not good for gold. The yellow metal lost almost 6 percent. June was particularly negative for gold, which dropped more than 4 percen...Read More

By Dave KranzlerThe XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue "beat" on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the advice I gave my subscribers about shorting the inevitable price-spike in the stock, I shorted the stock Friday mid-day (Ju...Read More

By Frank HolmesStop buying Iranian oil or face the music.That's the message the U.S. government shared with the world last week, giving importers until November 4 to cut their consumption of Iran's crude to zero or expect sanctions. The threat comes a month after President Donald Trump withdrew the U.S. from the Obama-era nuclear deal.West Texas Intermediate (WTI) responded by adding more than $...Read More

Via GEFIRA,The new Italian government will increase public spending and public debt.It promised to reduce taxes, introduce basic security and reform pensions. Italy's Northern League's leader Mateo Salvini surged in the polls and the party is now the strongest in Italy.A couple of years ago it was inconceivable that this regional group could become Italy's leading political party. We should exp...Read More

Gold needs to trade over $1236 for the whole day to prevent a crash. Silver needs to trade over $15.60 to prevent a sell off. Copper needs to trade over $2.91 to prevent a sell off. Crude oil will zoom if it manages to break and trade over $75.20. Trading volumes in the USA session will reduce. Financial markets will not sleep. Volatility will remain on the higher side. Economics & Trump trade...Read More

Turkish steel mills have remained quiet in the deep-sea scrap markets, waiting for lower prices from suppliers due to falling values for finished steel and billet, sources said on Tuesday July 3.The mills in the country booked a number of deep-sea cargoes from the United States last week but fell quiet later in the week. The material in the cargoes was priced around $354 per tonne cfr for HMS 1&2...Read More

Australian iron ore lump prices continued to rise on Tuesday July 3, while fines prices stayed rangebound.Metal Bulletin 62% Fe Iron Ore Index: $64.55 per tonne cfr Qingdao, up $0.01 per tonne Metal Bulletin 58% Fe Premium Index: $51.95 per tonne cfr Qingdao, up $0.03 per tonne Metal Bulletin 65% Fe Iron Ore Index: $91.50 per tonne cfr Qingdao, down $0.10 per tonne Metal Bulletin 62% Fe China Port...Read More

Links and Slides: https://www.itmtrading.com/blog/qa-ly...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as in...Read More

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

Danielle DiMartino Booth, former Dallas Fed advisor and Wall Street Journal columnist Veronica Dagher on why U.S. bank stocks are underperforming and the concerns surrounding President Trump's trade policies.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consul...Read More

China's ferrous futures retreated across the board during morning trading on Tuesday July 3, especially the steel contracts, amid weakness in the physical markets.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,723 yuan ($562) per tonne, down 46 yuan per tonne October hot-rolled coil: 3,835 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange Septemb...Read More

For some, the music and the parties continued...while those in the know quietly made their way to the lifeboats. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious...Read More

In an age of more "prosperity" than the human species has ever experienced, why are so many of us feeling so empty?And what solutions exist out there to offer us more meaning, connection and purpose in our lives?Joining us this week is Charles Hugh Smith, who gives a detailed account of the root causes of what's ailing society, as well as the essential ingredients for repairing it.Full description...Read More

Prices in the steel billet export market in the Black Sea region continued to fall on Tuesday July 3, with customers in the major outlets still showing little interest in imported material.Metal Bulletin's CIS billet export index was $510 per tonne fob Black Sea on Tuesday, down by $6 per tonne day-on-day.Offer prices of the material varied mainly within the range of $515-520 per tonne fob Black S...Read More

Canada has catalyzed the conversion of the Midas Letter from a mining centric to a broader multimedia digital platform that are now focused on video production. Recently they have focused on the hottest markets. Lately, that has been the cannabis industry. Canada has stolen the spotlight for this market, and they are working on a documentary about it. Midas Letter has launched a series of indexes...Read More