Everyonefocuses now on the chemical attack in Syria. Meanwhile, the most importantturnover in the world remains mostly unnoticed. But we’re onguard. Let’s read our analysis of the key revolution of 2018 and find out theimplications for the gold market. Hawks TakeOver the FedAre we going to write about Syria? North Korea? China?No. You already know everything you should about these geop...Read More

The mega-cap stocks that dominate the US markets have enjoyed an amazing bull run. But February's first correction in years proved things are changing. With that unnatural low-volatility melt-up behind us, it's more important than ever to keep leading stocks' underlying fundamentals in focus. They help investors understand which major American companies are the best buys and when to deploy...Read More

 CloseGain/LossOn WeekGold $1344.40+$9.20+0.86%Silver$16.64+$0.16+1.71%XAU84.08+1.59%+3.12%HUI183.43+1.67%+3.29%GDM638.75+1.36%+3.68%JSE Gold1114.27+29.32-0.34%USD89.76-0.02-0.38%Euro123.40+0.13+0.46%Yen93.10-0.16-0.54%Oil$67.39+$0.32+6.06%10-Year2.822%-0.008+1.62%Bond145.5625+0.1875-0.32%Dow24360.14-0.50%+1.79%Nasdaq7106.65-0.47%+2.77%S&P2656.30-0.29%+1.99%  The Metals: Go...Read More

 CloseGain/LossOn WeekGold $1344.40+$9.20+0.86%Silver$16.64+$0.16+1.71%XAU84.08+1.59%+3.12%HUI183.43+1.67%+3.29%GDM638.75+1.36%+3.68%JSE Gold1114.27+29.32-0.34%USD89.76-0.02-0.38%Euro123.40+0.13+0.46%Yen93.10-0.16-0.54%Oil$67.39+$0.32+6.06%10-Year2.822%-0.008+1.62%Bond145.5625+0.1875-0.32%Dow24360.14-0.50%+1.79%Nasdaq7106.65-0.47%+2.77%S&P2656.30-0.29%+1.99%  The Metals: Go...Read More

Attention, please! The leverage in the stock market has been recently rising. As one can see in the chart below, the stock market margin debt surged more than $113 billion in 2017, one of the largest annual surges. Moreover, it was the ninth annual increase in a row. Chart 1: Stock Market Margin Debt (in $ billions) from February 2010 to January 2018. As a reminder, margin debt is a borrowing...Read More

It looks like Steve Wozniak and Elon Musk are in good company. According to a recent poll conducted by Techpinions, a technology research group, 9% of a Continue...Read More

Those who own gold often argue how to best own it. I encourage anyone holding gold to assess the pros and cons of different choices of gold ownership to make an educated rather than emotional decision. Let me explain.I commissioned the above cartoon back in 2011 in response to an assertion by CNBC’s Steve Liesman no one would accept a gold coin in a grocery store. My take was that, hell, if...Read More

Full Article: The Dollar Cancer and the Gold CureBy: Keith WeinerThe dollar is failing. Millions of people can see at least some of the major signs, such as the collapse of interest rates, record high number of people not counted in the workforce, and debt rising from already-unpayable levels at an accelerating rate.I am going to share a little bit about myself and my personal motivation. I want...Read More

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Seaborne iron ore prices rebounded on Friday April 13 to $65 per tonne cfr amid gains in China's steel and futures markets.The East Asian country's focus on environmental protection continues to affect miners producing low-grade iron ore, which have had to offer price discounts on their products, althou...Read More

Record student loan balances? Check. Trillion dollar credit card debt? Check. Six tech stocks dominating the Nasdaq? Check. Subprime auto loans at record levels? Check. All that's missing is subprime mortgages and we'd have every bubble base covered. Oh wait, those are back too, just under a different name: Subprime mortgages make a comeback with a new name and soaring demandThey were blamed for...Read More

- Gold & silver eke out small gains; palladium surges 8% and platinum 2%- Oil (WTI) surges over 8% to over $66.90/bbl; supply disruption risk- U.S. dollar and Treasuries fall; geopolitical, trade war and fiscal concerns- Stocks rally and shrug off trade war, macro and geo-political risks- Bitcoin, major cryptos (Ethereum, Ripple etc) rise sharply- Russia-US tensions high: Trump warns attack 'c...Read More

Facebook says it has not seen any noteworthy changes in behavior with people saying they're not going to share any data with Facebook anymore.Continue...Read More

By Alasdair Macleod"Na?ve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money." ?EURo Ludwig von mises, The Theory of Money and CreditIt is hardly surprising that with equity indices stalling, the financial community is increasingly worried that the long, steady bull market is coming to an end. Naturally, this...Read More

Indian local secondary billet prices have risen by at least 1,700 rupees per tonne in the current week on increased demand from rebar mills.Prices for Indian domestic secondary billet, mainly produced through induction furnace route, on Friday April 13 were 35,000-35,200 rupees ($xx-xx) per tonne ex-mill, an increase of 1,700 rupees per tonne compared with Metal Bulletin's assessment last week of...Read More

What is going on in the eastern Mediterranean and over the skies and on the ground in Syria is absolutely nuts; it's also scary dangerous and utterly unnecessary, too.Continue...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,45779,08552,761166,796342,448454,014474,294Change from Prior Reporting Period -22010,9977504,188-9,0254,7182,722Traders18569724856264170 Small Speculators LongShortOpen Interest 45,57425,294499,588 1,7293,7256,447 non reportable positionsChange from the previous reporting per...Read More

Steel product sales at Russia's largest steelmaker, Novolipetsk Steel (NLMK) rose by 13% year on year in the first quarter of 2018 to 4.15 million tonnes, up from 3.67 million tonnes in the same period in 2017. The increase was due to higher slab sales in NLMK's export markets and rising long steel sales in Russia, the company said.The company sold 1.82 million tonnes of slabs from its L...Read More

The stock markets are in transition from ABB (Always be buying) to ABS (Always be selling). Unfortunately there's going to be a lot of collateral damage along the way. Even if the markets don't decide to finally come down now, it's a certainty that that day is coming soon. So why not get out ahead of the cycle for once? If you're in cash, you'll be king and all sorts of great companies will be wil...Read More

Washington, DC (April 13, 2018) - U.S. Senator Ted Cruz (R-Texas) has just announced he will introduce a bill to end taxes on capital "gains" that are simply a result of inflation. Cruz's inflation-indexing bill seeks to "expand economic growth and encourage more investment into the economy, helping create more opportunities for hardworking Americans." "If you invest a thousand dollars, and t...Read More

Global scrap prices showed mixed fortunes in the week from Monday April 9 until Friday April 13, with Turkish prices showing volatility while further declines were recorded in other major scrap markets.Although Turkish import scrap prices for Northern Europe-origin material were up by $0.59 per tonne week-on-week on Friday after mills returned to buying activity, small decreases were recorded in I...Read More