Some flat steel import prices into the United Arab Emirates and Saudi Arabia decreased, while demand in the UAE was strong, sources told Metal Bulletin on Tuesday March 20. Some flat steel import prices into the United Arab Emirates and Saudi Arabia decreased, while demand in the UAE was strong, sources told Metal Bulletin on Tuesday March 20. UAE Hot-rolled coil was being offered to the UAE at $6...Read More
Source: Jack Chan for Streetwise Reports 03/19/2018 Technical analyst Jack Chan charts recent movements in the gold and silver markets. -->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 buy signal. Short-term sign...Read More
The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair? First FOMC meeting under Powell as ChairDo you remember your first bike ride? Or the first date &ndash...Read More
Sentiment is now completely disconnected from reality.Currently, sentiment suggests that stocks are in a raging bull market and will never fall. This sentiment is based on the fact that much of last year (2017) the US stock markets rose virtually non-stop.However, that era is now OVER. And globally the markets are moving into "risk-off" mode.Don't believe me?Consider that most global markets are i...Read More
The gold price is up just 1% year to date in 2018 and has advanced 5.5% from the December 2017 low. There are some bullish signs from the chart, including a number of higher highs and higher lows following the late 2015 bottom at $1,045. But it certainly hasn't been the powerful breakout the gold bugs have been hoping to see.The late 2017 spike above the resistance trend line was also bullish, but...Read More
A YouTuber has been convicted by a court in the UK for making a "grossly offensive" video in which he trained his dog to do a Nazi salute Continue...Read More
German government figures and steel companies are looking for a quick resolution to the concerns cerated by the impending United States import tariffs on European steel. "We have agreed that very intensive talks between the EU and [the US] are needed this week to avoid a trade conflict that could damage the vital interests of both sides," Peter Altmaier, Germany's economy minister, said on Monday...Read More
Dear Friend of GATA and Gold:Thanks to Keith Weiner of Monetary Metals for at least attempting a reply to your secretary/treasurer's recent commentary --http://gata.org/node/18105-- disputing his assertion that central banks don't care about gold and aren't manipulating its price. But in his new commentary, "Standing Ready to Lease Gold," posted at GoldSeek here --http://news.goldseek.com/GoldSe...Read More
CloseGain/LossGold $1310.40-$6.40Silver$16.20-$0.13XAU78.13-0.68%HUI169.21-1.11%GDM594.85-0.78%JSE Gold1066.77+5.10USD90.41+0.54Euro122.46-0.92Yen94.08-0.15Oil$63.40+$1.3410-Year2.887%+0.035T-Bond144.8125-0.71875Dow24727.27+0.47%Nasdaq7364.30+0.27%S&P2716.94+0.15% The Metals: Gold fell $9.60 to $1307.20 at about 10:30AM EST before it climbed back higher into midday, but i...Read More
Sentiment is now completely disconnected from reality.Currently, sentiment suggests that stocks are in a raging bull market and will never fall. This sentiment is based on the fact that much of last year (2017) the US stock markets rose virtually non-stop.However, that era is now OVER. And globally the markets are moving into "risk-off" mode.Don't believe me?Consider that most global markets are i...Read More
CloseGain/LossGold $1310.40-$6.40Silver$16.20-$0.13XAU78.13-0.68%HUI169.21-1.11%GDM594.85-0.78%JSE Gold1066.77+5.10USD90.41+0.54Euro122.46-0.92Yen94.08-0.15Oil$63.40+$1.3410-Year2.887%+0.035T-Bond144.8125-0.71875Dow24727.27+0.47%Nasdaq7364.30+0.27%S&P2716.94+0.15% The Metals: Gold fell $9.60 to $1307.20 at about 10:30AM EST before it climbed back higher into midday, but i...Read More
Peter Ginelli writes: Lately we have been seeing the term “stagflation” used in many headlines, by many respected analysts as well as the former and longest serving Federal Reserve Chairman Alan Greenspan in recent months. Here are just a few samples headlines:“Alan Greenspan says there are bubbles in both stocks and bonds” By Tae Kim, January 31, 2018, CNBC“Stagflati...Read More
The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair?First FOMC meeting under Powell as ChairDo you remember your first bike ride? Or the first date - and k...Read More
VANCOUVER, BRITISH COLUMBIA / March 20, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the Company has been nominated in two categories as a finalist for the S&P Global Platts Metal Awards. MGX has been chosen as a finalist for the Base and Specialty Metals Industry Leadership Award as well as the Breakthrough Solution of the Year Awar...Read More
The major long-term driver of the gold price is confidence in the official money and in the institutions (governments, central banks and private banks) that create/promote/sponsor the official money. As far as long-term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in...Read More
By Ira EpsteinGold is flirting with downside breakout.https://www.iraepstein.com/ Read More
Sentiment is now completely disconnected from reality.Currently, sentiment suggests that stocks are in a raging bull market and will never fall. This sentiment is based on the fact that much of last year (2017) the US stock markets rose virtually non-stop.However, that era is now OVER. And globally the markets are moving into "risk-off" mode.Don't believe me?Consider that most global markets are i...Read More
The major long-term driver of the gold price is confidence in the official money and in the institutions (governments, central banks and private banks) that create/promote/sponsor the official money. As far as long-term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in a...Read More
By Ryan WildayIn my last article I stated that we had the potential for a lasting bottom in the crypto market, starting with a low in most coins on February 6th. However, in that article I also gave the conditions for that bottom to fail.Those conditions, unfortunately, became reality. We have since seen both Ether and Verge, highlighted in that article, slide to new lows below the February 6th...Read More
Full Article: DERIVATIVES - A RECIPE FOR DISASTER & SYSTEMIC COLLAPSEBy: Egon von GreyerzGambling is according to Wikipedia the wagering of money (or something of value) on an event with an uncertain outcome. Three elements are required for gambling, Consideration, chance, and prize. Thus, you make a bet and if you are lucky you win a prize but you can also lose it all. Gambling has been around...Read More