"Supreme Court rules in favor of non-union workers who are now, as an example, able to support a candidate of his or her choice without having those who control the Union"Continue...Read More
The global central bank counterfeiting spree that began in 2008, which took balance sheets from $3t to $15t, has finally created the inflation that has been so Continue...Read More
You're probably thinking that that's a paradox. If job openings are greater than the total unemployed for the first time since 2000 (when job openings were first measured), Continue...Read More
"I have ever understood why it is greed to want to keep the money you have earned, but not greed to want to take somebody else's money." - Thomas SowellMichael 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...Read More
"Please permit me by this letter to express my profound gratitude for having had the privilege to seek in each case how best to know, interpret and defend the Constitution and Continue...Read More
"This is not an end, this is the beginning. This is the beginning because the message that we sent the world tonight is that it's not OK to put donors before your Continue...Read More
"We will have the necessary tools to protect investments, whether it's China or anybody else...We are not singling out China, but we will protect technology Continue...Read More
Technical analyst Clive Maund examines the Chinese stock market and the example it may be setting for the U.S. market. If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. A tentative downtrend...Read More
The Critical Investor delves into the first new copper project fully permitted in Arizona in a decade.Johnson Camp MineDespite copper and other base metals being punished these days, and mining sentiment not at its best with China being drawn into a potential trade war with the U.S., Excelsior Mining Corp. (MIN:TSX; EXMGF:OTCQB) proved a lot of nay-sayers wrong on June 25, 2018. The company was gr...Read More
Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold. For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment Indicator to mark an extreme of sentimen...Read More
China's crude stainless steel capacity is expected to increase by 7.5 million tonnes per year to 44-45 million tpy by 2020, although there is some pessimism about mills' utilization rates, according to Zhang Zhifang, chairman of Chinese producer Taiyuan Iron & Steel. Production capacity of cold-rolled stainless steel in particular will increase in the short term, Zhang pointed out during his prese...Read More
Prices for domestic hollow steel sections narrowed in Northern Europe this week as mills prepared to push up prices, sources told Metal Bulletin on Wednesday June 27.Metal Bulletin's price assessment for commodity-size, grade-S235 square hollow sections made and delivered in Northern Europe narrowed by ?,?5 per tonne to ?,?640-650 ($747-759) per tonne delivered on Wednesday June 27, from ?,?6...Read More
CloseGain/LossGold $1251.80-$7.10Silver$16.05-$0.25XAU79.93-0.69%HUI170.45-1.43%GDM607.67-0.74%JSE Gold1032.87+8.41USD95.34+0.63Euro115.56-0.91Yen90.79-0.16Oil$72.76+$2.2310-Year2.828%-0.052T-Bond145.21875+0.96875Dow24117.59-0.68%Nasdaq7445.08-1.54%S&P2699.63-0.86% The Metals: Gold edged up to $1259.90 at about 8AM EST, but it then drifted back lower into the close and en...Read More
Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe remained largely unchanged over the past week, sources said on Wednesday June 27.Metal Bulletin's weekly domestic price assessment for mesh-quality wire rod in Northern Europe widened downwards by ?,?5 per tonne on Wednesday at ?,?530-545 ($619-636) per tonne delivered, compared with ?,?535-5...Read More
Inyesterday’s intraday Alert, we explained why the short-term outlook for theprecious metals changed from bearish to neutral and we took profits from ourshort positions. It was not just the fact that the price targets were reachedfor gold and silver. The key to the change in the outlook was seeing theconfirmations from gold’s performance relative to the USD Index and from themining sto...Read More
The Italian authorities have postponed the takeover of steelmaker Ilva by ArcelorMittal until September 15, the minister of economic development, labour & social policies, Luigi Di Maio, said this week.Originally, ArcelorMittal expected to finalise the acquisition of Ilva by the end of the second quarter."I am evaluating every possible impact related to the decision I will have," Di Maio said.&nbs...Read More
We do not focus too much on the US dollarbecause in the big picture Gold usually leads movements in the dollar. As itpertains to the present, Gold’s failure to breakout (while the dollar made twonew lows since the summer 2016 peak in Gold) implies that the the dollar, atworst is not going much lower anytime soon. At best, it could signal that thedollar’s bull market will resume. With t...Read More
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.Our proprietary cycle indicator is up. 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 last for days and weeks, and are more suitable for trad...Read More
Prices in the CIS export billet market remained unchanged on Wednesday June 27, but negative sentiment among market participants was growing due to a lack of trading and the downward price trend in China's domestic market."Chinese billet [prices have] collapsed so we are likely to [be affected by] the decrease," a producer source told Metal Bulletin.A trader source co...Read More
Prices for rebar produced and delivered in Southern Europe widened upwards by ?,?10 per tonne over the past week, sources told Metal Bulletin on Wednesday June 27.Metal Bulletin's weekly price assessment for domestic rebar in southern Europe was ?,?475-500 ($555-584) per tonne delivered on Wednesday, up from ?,?475-490 per tonne one week earlier. The assessment includes offers and deals heard...Read More