Recent News

Eagle Plains Issues Update on Taiga Gold Corp Spin-out

March 08, 2018 / news.goldseek.com

Cranbrook, B.C., March 8th, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") has received an Interim Order from the Court of Queens Bench of Alberta and is mailing out a Notice of Special Meeting and Information Circular related to the proposed spin-out of Taiga Gold Corp. ("Taiga"). The Special Meeting date has been set for April 6th, 2018. As announced previously, Eagle Plains plans to reorgan...Read More

Martin Armstrong: Gary Cohn DID NOT Resign Because of Tariffs - Here's The Truth

March 08, 2018 / marketsanity.com

The drop in the market yesterday was widely attributed to Gary Cohn resigning from the Trump Administration over his tariff policy. That must be a Continue...Read More

Wyoming Legislature Passes Bill To End All Taxation Of Gold And Silver

March 08, 2018 / www.gold-eagle.com

Sound Money Bill Heads to Governor Matt Mead's DeskFollowing a 44-14 vote in the Wyoming House last week, the Wyoming State Senate today overwhelmingly approved a bill which helps restore constitutional, sound money in Wyoming.Wyoming Senators voted 25-5 to pass the Wyoming Legal Tender Act (House Bill 103), sending the measure introduced by Representative Roy Edwards (R-Gillette) to Governor Matt...Read More

Wage Inflation Coming. Does This Mean Spiking Interest Rates?

March 08, 2018 / news.goldseek.com

Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn...Read More

Gold Resource Corporation Fourth Quarter and Year-End Conference Call

March 08, 2018 / news.goldseek.com

COLORADO SPRINGS, CO, March 08, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its 2017 fourth quarter and year-end earnings conference call scheduled for Friday, March 9, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company...Read More

Chinese steel woes drag iron ore prices toward $70 per tonne cfr

March 08, 2018 / www.metalbulletin.com

Physical iron ore prices continued to drop on Thursday March 8 with the April swaps contract hitting the $70-per-tonne-cfr-China mark amid a weakening Chinese steel market.Key driversChina's ferrous futures tanked across the board for a second day, with the benchmark contracts falling 2.9-3.8% from the settlement levels a day earlier. The iron ore contract had the worst performance, ending just ab...Read More

LBMA Alchemy and the London Gold and Silver Markets: 2 Steps Back

March 08, 2018 / news.goldseek.com

By Ronan Manly"Did you think that the high-powered world of the LBMA would operate in a fishbowl for all to see? We cannot take what is on the outside as evidence for what is on the inside."Thoughts of ANOTHER - October 1997LBMA Gold Price and LBMA Silver Price - Price Publication DelaysIn August 2014, the long-standing and tainted London Silver Fixing daily auction was replaced by a newly launc...Read More

London Property Sees Brave Bet By Norway As Foxtons Profits Plunge

March 08, 2018 / news.goldseek.com

- Sales in London property market at 'historic lows'- 65% fall in pre-tax profits in 2017 to ?6.5m reported by London estate agents Foxtons- Foxtons warns 2018 will 'remain challenging' for London property- Norway's sovereign wealth fund is backing London's property market- RICS: UK property stock hits record low as buyer demand falls- Own physical gold to hedge falls in physical propertyThe w...Read More

ECB Unexpectedly Dials Back Stimulus Pledge as Economy Improves

March 08, 2018 / marketsanity.com

"Incoming information... confirms the strong and broad-based growth momentum in the euro area economy, which is projected to expand in the near-term at a somewhat faster pace than previously expected."Continue...Read More

EGYPT STEEL BILLET, REBAR: Prices go up but demand remains soft

March 08, 2018 / www.metalbulletin.com

Steel billet import prices and domestic rebar prices in Egypt increased in the week ended Thursday March 8, although demand was still only moderate.Metal Bulletin's weekly price assessment for Egyptian billet imports rose to $530-545 per tonne cfr on Thursday from $525-540 per tonne cfr previously.CIS-origin billet was on offer in Egypt...Read More

Make Gold, Not (Trade) War!

March 08, 2018 / news.goldseek.com

"So it begins." This is what King Theoden said right before the Battle of Helm's Deep in the Lord of the Rings. Fortunately, the army of Uruk-hai doesn't threaten the kingdom of men. But something else - also dreadful - endangers us. Trade wars. Are Trade Wars Good? President Trump shook the world last week, saying: "(...) trade wars are good, and easy to win." Wrong! Each economist will say t...Read More

Florida Lawmakers Approve Gun-Control Bill

March 08, 2018 / marketsanity.com

The new bill requires a three-day waiting period for all firearm purchases, increases the minimum age for anyone buying a shotgun or rifle from 18 to 21. It also bans Continue...Read More

Jack Chan's Weekly Precious Metals Update

March 08, 2018 / news.goldseek.com

Source: Jack Chan for Streetwise Reports 03/06/2018 Technical analyst Jack Chan charts recent movements in the gold and silver markets. -->Our proprietary cycle indicator is down.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.Gold sector is on a short-term sell signal. Short-term signals can...Read More

TURKEY STEEL BILLET: Strong demand, costlier scrap, lack of supply push up Turkish prices

March 08, 2018 / www.metalbulletin.com

Turkish billet prices have continued to increase in line with rising imported scrap values, shortage of material and strong demand, sources said on Thursday March 8.Metal Bulletin's weekly price assessment for billet imports into Turkey on Thursday was $545-550 per tonne cfr, up from the $535-545 per tonne of last week.Suppliers in the CIS region have raised their offer prices to $550-560...Read More

Five banks open up trillion-dollar gold club

March 08, 2018 / marketsanity.com

"They had to do it because they are scared they'll find themselves on the end of an anti-trust collusion lawsuit."Continue...Read More

Is the Bitcoin Bull Market dead or just taking a breather?

March 08, 2018 / news.goldseek.com

For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still.John Maynard KeynesDespite the heavy beating Bitcoin has taken, the sentiment has not turned bearish, and Bitcoin experts are still enthusiastically issuing wild targets...Read More

The 5 Biggest ICO Scams Of 2017

March 08, 2018 / marketsanity.com

The mad rally in crypto markets has spurred another huge hype train-Initial Coin Offerings,Continue...Read More

CHINA REBAR: Soft demand weighs on domestic prices

March 08, 2018 / www.metalbulletin.com

China's domestic rebar prices tumbled further on Thursday March 8 amid weak demand. Domestic Eastern China (Shanghai): 3,830-3,900 yuan ($606-617) per tonne, down 80-90 yuan per tonneNorthern China (Beijing): 3,950-3,990 yuan per tonne, down 40-50 yuan per tonneDemand from the construction sector has shown very little recovery since the country's Chinese New Year break, and remained weak in recent...Read More

East Asian stainless CRC prices widen

March 08, 2018 / www.metalbulletin.com

Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,235-2,350 per tonne cif East Asian ports for the week ended Wednesday March 7, widening from $2,250-2,330...Read More

London Property Sees Brave Bet By Norway As Foxtons Profits Plunge

March 08, 2018 / news.goldseek.com

- Sales in London property market at 'historic lows'- 65% fall in pre-tax profits in 2017 to ?6.5m reported by London estate agents Foxtons- Foxtons warns 2018 will 'remain challenging' for London property- Norway's sovereign wealth fund is backing London's property market- RICS: UK property stock hits record low as buyer demand falls- Own physical gold to hedge falls in physical propertyThe w...Read More

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