By Ricky WenThe last week of June was quite weak as the stock market continued the downward momentum from the 3rd week by grinding down into the major weekly trending support zone around 2700-2720 on the Emini S&P 500 (ES) for the backtest. After Monday's steep sell-off, the rest of the week was mostly consolidation within Monday's range. The main takeaway from the week was that the market made...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, down just 0.27 percent on a positive recommendation by Morgan Stanley based on deficit market supply. Gold traders and analysts became bearish this week according to the Bloomberg weekly survey as gold fell to its lowest level so far this year.? China's central bank revised the value of i...Read More
By Keith Weiner "On r?siste ? l'invasion des arm?es; on ne r?siste pas ? l'invasion des id?es."These are the actual words written by Victor Hugo in Histoire d'un Crime (History of a Crime). Translated literally, it means an invasion of armies can be resisted; an invasion of ideas cannot be resisted. However, there are many alternative translations that try to express the sentiment, if not the e...Read More
By Ronan Manlyhttps://www.bullionstar.com/With the first half of 2018 now drawn to a close, much of the financial medias' headlines and commentary relating to the gold market has been focusing on the fact that the US dollar gold price has moved lower year-to-date. Specifically, from a US dollar price of $1302.50 at close on 31 December 2017, the price of gold in US dollar terms has slipped by ap...Read More
By Justin SmythEver since breaking below the 30-week moving average in late 2016 gold and gold stocks have been in a sideways trading range unable to resume their uptrend. Gold and gold stocks have had three things working against them during this time frame: weak commodity markets, strong stock markets, and digesting gains from 2016.All three of those headwinds could be evaporating. We've...Read More
As the Reset Begins, Get Goldby James Rickards for Agora Financial's Gold SpeculatorThis may be the most important commentary I've ever written. Here's why.For years, financial analysts have discussed what's called the Global Monetary Reset, or GMR. Expectations of a GMR stem from the fact that monetary policies around the world are unstable and unsustainable.Aftermath: Seven Secrets of Wealth P...Read More
Turkish domestic scrap prices have remained largely stable over the past week, with demand for material being moderate, sources said on Monday July 2.Only one steel mill changed its buy price for auto bundle scrap over the past week, while the rest kept their prices unchanged.Long steel producer ID??, in the Izmir region, increased its buy price for auto bundle scrap by TRY10 per tonne to TRY1,520...Read More
A Grant's variety pack: Jim, Evan and Phil hold forth on an array of topical financial matters.1:36 North Korea, AT&T and the future5:10 A July 4 message from Thomas Jefferson6:08 Changes in China13:55 Corporate buybacks and corporate debt15:10 Crypto carnageJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the finan...Read More
CIS export billet prices continued to fall gradually at the beginning of this week with trading activity in the major outlets remaining sluggish over the weekend.Metal Bulletin's CIS billet export index was $516 per tonne fob Black Sea on Monday July 2, compared with $519 per tonne fob Black Sea on June 29.Offers of the material varied within the range of $515-520 per tonne fob Black Sea. But such...Read More
"Capitol Police have issued an arrest warrant for a man who threatened to kill me and chop up my family with an axe...It's just horrendous that we have to deal with things like this."Continue...Read More
I moved to Puerto Rico in mid-2016. Not for the tax advantages (at first), but to be closer to my vacation house on Culebra (a Puerto Rican Virgin Island) and to Continue...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More
President Trump will soon nominate his second Supreme Court justice. The first, Neil Gorsuch, has so perfectly replaced the late Antonin Scalia thatContinue...Read More
President Trump's National Security Advisor John Bolton was in Moscow last week organizing what promises to be an historic summit meeting between his boss and Russian President Vladimir Putin. Bolton, who has for years demanded that the US inflict "pain" on Russia and on Putin specifically, was tasked by Trump to change his tune. He was forced to shed some of his neoconservative skin and get invol...Read More
Gold futures closed sharply lower Monday as the dollar continued to show strength Continue...Read More
The exceptional zinc mineralization reported could indicate a feeder system,The Critical Investor reports.Ayawilca project; drilling location1. IntroductionInvestors had to wait longer than expected for a big hit, but this week Tinka Resources Ltd. (TK:TSX.V; TLD:FSE; TKRFF:OTCPK) proved that looking for substantially more mineralization first instead of preparing a Preliminary Economic Assessment...Read More
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 gold sector is on a short-term sell signal. Short-term signals can...Read More
The mineral claims are located near a new porphyry discovery. Shamrock Enterprises Inc. (SRS:CSE) recently announced it has signed an Option to Purchase Agreement to acquire a 100% interest in the Buckley Project mineral claims, in British Columbia. Located about 57 kilometers southwest of Houston, British Columbia, the Buckley Project consists of 24 mineral claims covering an area of 15,371.5 he...Read More