CloseGain/LossGold $1316.80+$3.20Silver$16.33UNCHXAU78.66-0.06%HUI171.11-0.03%GDM599.54+0.17%JSE Gold1061.67+10.85USD89.87-0.34Euro123.38+0.51Yen94.23-0.09Oil$62.06-$0.2810-Year2.852%+0.007T-Bond145.3125-0.125Dow24610.91-1.35%Nasdaq7344.24-1.84%S&P2712.92-1.42%  The Metals: Gold dipped $6 to $1307.60 in Asia before it jumped up to $1319.60 in early afternoon New York trade...Read More

Rates are rising once again.Over 90% of investors focus almost exclusively on stocks. This is a mistake. The reality is that everything happening in stocks since 2008 has been the direct result of Central Banks creating a bubble in bonds.Because our current financial system is debt-based in nature (meaning sovereign debt, not gold or some other asset is the bedrock of the financial system) when Ce...Read More

Full Article: ROME FRANCE GERMANY nowBy: W.K. DarcyFor the last two decades, a common theme amongst "non pro-government" journalists and writers has been the comparison of the W^2 duumvirate to the Roman Empire citing the parallels, excesses, corruption, more corruption, MORE corruption and EVEN MORE! Corruption and breakdownswhich are part of the life-cycle of all empires.Since WWII,...Read More

By Keith WeinerWe will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said:"...central bankers do not think about gold.Granted, they once did. In the 1960's, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly cited as evidence of current central bank price suppression, without bothering to me...Read More

Steel traders in the central region of Russia, around Moscow, have held back from the markets in the past week and have not accepted higher offers for April-production hot-rolled (HR) and cold-rolled (CR) sheet, Metal Bulletin has been told.Metal Bulletin's weekly assessment of the price for Russian 4mm HR sheet was unchanged at 43,000-45,000 roubles ($747-782) cpt Moscow, including VAT, on Monday...Read More

Gary Cohn resigned as President Donald Trump's Chief Economic Advisor on March 6th. He and Trump didn't see eye to eye on the recently imposed tariffs and the President selected CNBC commentator Larry Kudlow to replace him Wednesday. Perhaps it was Kudlow's experience on television that got him the job.It doesn't look like he was chosen for his intellectual honesty. Kudlow was quite vocal with his...Read More

Rates are rising once again.Over 90% of investors focus almost exclusively on stocks. This is a mistake. The reality is that everything happening in stocks since 2008 has been the direct result of Central Banks creating a bubble in bonds.Because our current financial system is debt-based in nature (meaning sovereign debt, not gold or some other asset is the bedrock of the financial system) when Ce...Read More

The Problem With The TSX Venture ExchangeTo start, take a look at the chart I have posted below and tell me that is not a great-looking chart. It is the chart of the TSX Venture Exchange, the exchange that has financed a great many of the world's biggest discoveries. Up until the late 90's, it was the #1 "gunslinger" exchange in the world but relinquished that honour to the NASDAQ on April 1, 1997...Read More

By Frank HolmesStrengths? The best performing metal this week was palladium, down just 0.41 percent. Holdings in ETFs backed by palladium have fallen by two-thirds in the last three years and are back to 2010 levels. However, this is not the sign of a depressed market. Hedge funds have been taking delivery of the metal and then loan the metal to the market at lease rates of 6...Read More

Competition in the export markets for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States has been intense over the past week, because suppliers preferred to hold back their offers despite a continued price decline for China-origin material.Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $605-625 per tonne fob Black Sea on Monday Mar...Read More

Dear Friend of GATA and Gold:Gold researcher Ronan Manly's detailed report for Russia Today on the history and mechanisms of gold price suppression by central banks, called to your attention by GATA a few hours ago --http://gata.org/node/18112-- has been quickly reprinted by the Daily Sabah, a major newspaper in Istanbul, Turkey, that is published in English, German, Arabic, and Russian:https://...Read More

Rates are rising once again.Over 90% of investors focus almost exclusively on stocks. This is a mistake. The reality is that everything happening in stocks since 2008 has been the direct result of Central Banks creating a bubble in bonds.Because our current financial system is debt-based in nature (meaning sovereign debt, not gold or some other asset is the bedrock of the financial system) when Ce...Read More

We will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said:"...central bankers do not think about gold.Granted, they once did. In the 1960's, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly cited as evidence of current central bank price suppression, without bothering to mention that until...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comTwitter: @Davcha12March 19, 2018"Some debts are fun when you are acquiring them, but none are fun when you set about retiring them." Ogden Nash "I'm in debt. I am a true American." Balki Bartokomous Debt is in the news again. Did it ever leave? The Bank for International Settlements (BIS), th...Read More

So many patterns that have held for decades seem to have broken down, leading to one of two conclusions: Either this time really is different in ways that appear to violate what used to be seen as iron-clad laws of finance, or those laws have been bent but will reassert themselves with a vengeance sometime in the future. The latest example is the relationship between corporate debt and default r...Read More

Import prices for re-rolling-grade hot-rolled coil sold into Vietnam continued to fall over the past week amid a weakening of the Chinese steel market.Metal Bulletin's assessment of HRC import prices in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $615-635 per tonne for the week ended Monday March 19, down $5-15 per tonne from a wee...Read More

The Bonds segment of NFTRH 491 took a turn to tin foil territory to allow the letter writer to expose newer subscribers to his ideological views and thus, bias. #491 also got pretty talky on the precious metals as it did a thorough review of the sector's status, with silver's symmetry to 2016 a very key item. Hint: An ill-fated bounce like so many that have come after the 2016 top is not what we a...Read More

By Clint SiegnerGary Cohn resigned as President Donald Trump's Chief Economic Advisor on March 6th. He and Trump didn't see eye to eye on the recently imposed tariffs and the President selected CNBC commentator Larry Kudlow to replace him Wednesday. Perhaps it was Kudlow's experience on television that got him the job.It doesn't look like he was chosen for his intellectual honesty. Kudlow was qu...Read More

Regular readers will be familiar with the charts used in these reports. The fact that the gradients of all the trend lines used in the analysis are derived from the master line shown as M, nevertheless might not be fully appreciated. That structure reveals underlying symmetry in market prices in that the price tends to react to channels, which will become evident once the reader works to identify...Read More

"Compound interest is the eighth wonder of the world." Albert Einstein"My wealth has come from a combination of living in America, some lucky genes, and compound interest." Warren BuffettCompound interest is an extraordinarily powerful financial tool, and reinvesting the cash flows received from investments has historically been the single most reliable way of...Read More