China's ferrous futures continued to retreat across the board on Thursday morning April 12, with the benchmark coking coal and coke contracts leading the way in percentage terms.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,386 ($539) per tonne, down 22 yuan per tonne October hot-rolled coil: 3,477 yuan per tonne, down 20 yuan per tonne Dalian Commodity Exchan...Read More
Toronto, Ontario - April 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Duran Ventures Inc. (TSXV: DRV) ("Duran" or the "Company") is pleased to announce drilling results from its 100-per cent-owned Panteria copper-gold project located 210 kilometres southeast of Lima in the Huancavelica department. Drilling was conducted by Minera Antares Peru SAC, a wholly owned subsidiary of First Quant...Read More
By Axel MerkThose 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, h...Read More
CloseGain/LossGold $1335.20-$15.90Silver$16.48-$0.18XAU82.76-1.10%HUI180.42-1.37%GDM630.24-0.85%JSE Gold1084.95-33.14USD89.78+0.22Euro123.27-0.37Yen93.26-0.35Oil$67.07+$0.2510-Year2.830%+0.050T-Bond145.40625-0.71875Dow24483.05+1.21%Nasdaq7140.25+1.01%S&P2663.99+0.83% The Metals: Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New Yor...Read More
New massive breakout patterns have been setting up in the markets for months and our research team at the Wealth Building Newsletter has been quietly watching these setups – waiting for the right time to alert our followers of these exceptional opportunities. Today, we are announcing our research and triggers to all of our followers so you can attempt for profit from our hard work and...Read More
The Fed is now officially screwed.The single biggest concern for the Fed is inflation. The reason for this is that US Treasuries are currently in a massive bubble. And those Treasury yields trade based on inflation.If inflation rises, so do Treasury yields.If Treasury yields rise, Treasury prices fall.If Treasury prices fall, the bond bubble begins to burst.Here's the bad news... inflation is roar...Read More
Dear Congressman Mooney:I am writing to you about something of great importance, the path to the gold standard. Thank you for introducing H.R. 5404. I agree with your findings, especially that inflation undermines jobs and retirement. Yet I must say that the dollar cannot now be defined as a weight of gold.This would be nothing more than a price-fixing scheme.Every attempt to fix prices has ende...Read More
It’s a relatively quiet trend, but the most active of investors—hedge funds and traders—are aggressively putting gold hedges in place.It shouldn’t really be a surprise, given the recent spike in volatility in the stock market. It hasn’t been reported much in the mainstream, but an increasing number of people who make their living from investing are betting on gold. We...Read More
CloseGain/LossGold $1335.20-$15.90Silver$16.48-$0.18XAU82.76-1.10%HUI180.42-1.37%GDM630.24-0.85%JSE Gold1084.95-33.14USD89.78+0.22Euro123.27-0.37Yen93.26-0.35Oil$67.07+$0.2510-Year2.830%+0.050T-Bond145.40625-0.71875Dow24483.05+1.21%Nasdaq7140.25+1.01%S&P2663.99+0.83% The Metals: Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New Yor...Read More
The Fed is now officially screwed.The single biggest concern for the Fed is inflation. The reason for this is that US Treasuries are currently in a massive bubble. And those Treasury yields trade based on inflation.If inflation rises, so do Treasury yields.If Treasury yields rise, Treasury prices fall.If Treasury prices fall, the bond bubble begins to burst.Here's the bad news... inflation is roar...Read More
Everyone focuses now on the chemical attack in Syria. Meanwhile, the most important turnover in the world remains mostly unnoticed. But we're on guard. Let's read our analysis of the key revolution of 2018 and find out the implications for the gold market. Hawks Take Over the FedAre we going to write about Syria? North Korea? China? No. You already know everything you should about these geopoli...Read More
Cryptos Can Tumble Down To Zero At Anytime For Any Reason - SprottBy: Sprott(Kitco News) - Last year's argument that "gold is dead" seems outrageous in 2018, especially after bitcoin dropped nearly 70% during the past four months, said Sprott Asset Management, adding that gold is the asset that deserves the status of "immutability.""One prominent 2017 storyline was, 'Gold is dead - long live cryp...Read More
CloseGain/LossGold $1335.20-$15.90Silver$16.48-$0.18XAU82.76-1.10%HUI180.42-1.37%GDM630.24-0.85%JSE Gold1084.95-33.14USD89.78+0.22Euro123.27-0.37Yen93.26-0.35Oil$67.07+$0.2510-Year2.830%+0.050T-Bond145.40625-0.71875Dow24483.05+1.21%Nasdaq7140.25+1.01%S&P2663.99+0.83% The Metals: Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New Yor...Read More
For those who believe the conflict, confrontation, and trade war with China is very recent and fresh, not true. The war of words and sabre rattling is part of a longstanding trade war between the two superpowers. The war with China has been brewing for many years, with much hidden in the background battles over legacy USTreasury Bonds and hidden Gold stores. The United States does not publicize...Read More
The Fed is now officially screwed.The single biggest concern for the Fed is inflation. The reason for this is that US Treasuries are currently in a massive bubble. And those Treasury yields trade based on inflation.If inflation rises, so do Treasury yields.If Treasury yields rise, Treasury prices fall.If Treasury prices fall, the bond bubble begins to burst.Here's the bad news... inflation is roar...Read More
Bitcoin seasonality can help investors determine the best times to buy or sell throughout the year. After prices dropped sharply during Q1 of 2018, we can expect a stronger Q2 ahead. While April is typically a weak month for Bitcoin, May and June are two of the strongest months of the year. With average gains of 21% and 26%, these are the 3rd and 4th strongest months of the year, behind November a...Read More
By Gary ChristensonThis article was written for Miles Franklin by Gary Christenson.Bob Dylan "Shelter From The Storm""I bargained for salvation and she gave me a lethal dose."What Storm? Why do we need shelter?The stock market hit all-time highs in January, corrected, and might rally to new highs... or maybe not... See below.Official unemployment is low if you believe the statistics and ignore t...Read More
US Secretary of Defense James Mattis reiterated that the Pentagon still has no independent evidence to confirm that there was a chemical weapons attack in Syria last week... but said he personally believes there was one.Read More
By Ira EpsteinGold gives back all of its recent gains and is back to a support level.http://iraepstein.com/ Read More