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The Fancy Goat: How to Make Shit Happen

February 23, 2018 / www.thedailybell.com

I’m sorry for cursing, but I have to be frank. Most people just don’t do the required work to get what they want. They may work hard in other areas, usually to someone else’s benefit. But the timing just never seems right to do the work to make the changes they want in their own lives.This is a story of two people who did, and are still doing, the hard work. This is the story of...Read More

METALS MORNING VIEW 23/02: Metals prices consolidate after Thursday's rebounds

February 23, 2018 / www.metalbulletin.com

The base metals complex on the London Metal Exchange is mixed this morning, Friday February 23, with prices down by an average of 0.2%. Zinc prices lead the decline with a 0.8% fall to $3,501 per tonne, copper and nickel prices are off by 0.4% with the former at $7,143 per tonne, aluminium prices are bucking the trend with a 0.4% rise, while the rest are little changed. Volume has returned to arou...Read More

Spearmint (TSXV: SRJ) (OTCBB: SPMTF) Intersects Targeted Clay Formation on its Clayton Valley Lithium Prospect

February 23, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTCBB: SPMTF) Intersects Targeted Clay Formation on its Clayton Valley Lithium Prospect Vancouver, British Columbia - February 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF)...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week

February 23, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold $1329.30-$2.20-1.44%Silver$16.52-$0.09-0.96%XAU80.53+0.64%-3.24%HUI176.71+0.49%-4.46%GDM613.86+0.90%-2.83%JSE Gold1089.59-10.40-9.51%USD89.92+0.15+0.86%Euro122.99-0.30-0.91%Yen93.77-0.08-0.24%Oil$63.55+$0.78+3.03%10-Year2.867%-0.055-0.14%Bond144.125+1.00-0.11%Dow25309.99+1.39%+0.36%Nasdaq7337.39+1.77%+1.35%S&P2747.30+1.60%+0.55% The Metals: Gold fell $5.70 to $132...Read More

SECTION 232 WRAP: US import tariffs could wreak havoc on trade flows in other markets

February 23, 2018 / www.metalbulletin.com

Millions of tonnes of material are likely to be redirected to steel markets outside of the United States if US President Donald Trump levies strict tariffs or quotas on imports after the Section 232 investigation. While US domestic steel prices are expected to spike if the US Department of Commerce's 232 recommendations lead to trade defense measures, there are two schools of thought as to how thi...Read More

Ira Epstein's Metals Video 2 23 2018

February 23, 2018 / news.goldseek.com

By Ira EpsteinGold staying directionless as Dollar rises and stock indices rally.http://iraepstein.com/ Read More

US Dollar Domino Collapse: New Evidence | Rob Kirby

February 23, 2018 / marketsanity.com

Widely followed proprietary analyst Rob Kirby sounds the alarm that the facts can no longer be denied that MAJOR FINANCIAL PLAYERS ARE ABANDONING THE US DOLLAR. Kirby names specific examples to prove that the drumbeat of new hard evidence is accelerating, as we are rapidly approaching the point of no return. Kirby further blazes through hot topics ranging from the real root causes behind mass trag...Read More

Indian mills likely to raise domestic HRC prices by $19 per tonne

February 23, 2018 / www.metalbulletin.com

Indian mills are likely to increase their domestic prices for hot-rolled coil (HRC) by about 1,500 rupees ($19) per tonne in March because import prices for the material remain higher than those to local buyers."We are selling HRC in India at a discount compared with international prices. There is scope to increase the domestic price of HRC by at least 1,500 rupees per tonne," an official from an...Read More

Unintended Consequences, Part 1: Bigger Deficits = Higher Interest Rates =...Many Bad Things

February 23, 2018 / news.goldseek.com

Mainstream economics uses a fairly simple equation when it comes to public policy: More government spending equals more growth, which is just about always a good thing. The problem is with the "just about always" part. At the bottom of recessions, tax cuts and higher government spending can indeed stop the shrinkage and get things going again. And fiscal stimulus might be relatively harmless whe...Read More

DEFAULT IS INEVITABLE | Michael Pento

February 23, 2018 / marketsanity.com

"Debt levels have reached a point where they have to be defaulted upon," Michael Pento of Pento Portfolio Strategies tells Silver Doctors.The rate of the 10-year Treasury is at a four year high nearing three percent. Pento forecasts it will rise to four percent, which will be a "floor rather than a ceiling." If the rate rises to four percent, people will have lost about 25 percent from a "risk fre...Read More

A Roman lesson on inflation

February 23, 2018 / news.goldseek.com

By Alasdair Macleod"While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen" - President Grover ClevelandThe point President Cleveland made back in the 1880s was that individuals and vested interests had no rights to preferential treatment by a government elected to represent all. For if preference is given, it is always at the expense of...Read More

South America's flat steel import prices stable amid inactive Chinese market

February 23, 2018 / www.metalbulletin.com

Prices for flat steel goods imported into South America were stable this week, with Chinese mills yet to place new export offers in the market after the lunar new year holiday."The Chinese market opened very slow [on Thursday February 22], with most people yet to come back," a Brazil-focused trader said. "We didn't see producers making offers, and we expect new prices to be announced next Tuesday....Read More

Eric Sprott discusses weakness in mining shares + Russia surpassing China in gold holdings

February 23, 2018 / marketsanity.com

This week, Eric Sprott discusses the recent news that Russian gold holdings have surpassed China's reported level. He also describes how and why higher gold prices have yet to be reflected in higher prices for mining shares.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of C...Read More

COT Gold, Silver and US Dollar Index Report - February 23, 2018

February 23, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort257,20566,28367,636154,913369,791479,754503,710Change from Prior Reporting Period 5,345-9,9713,3944,06624,40812,80517,831Traders17877754658262177 Small Speculators LongShortOpen Interest 48,40024,444528,154 3,604-1,42216,409 non reportable positionsChange from the previous report...Read More

Bitcoin Can't Exist Without Silver - Mike Maloney & David Morgan

February 23, 2018 / marketsanity.com

Here's one important fact that has been left out of the conversation about cryptos and precious metals - you literally can not have cryptocurrencies without silver. As well as being true honest money, silver is an irreplaceable industrial metal that is used throughout the entire chain that all cryptocurrencies and blockchain projects need to operate. Mining rigs: Silver. Computers: Silver. Servers...Read More

STEEL WEEK IN BRIEF: Section 232 market impacts, Chinese rumors on production limits extension, higher steel prices...

February 23, 2018 / www.metalbulletin.com

Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices strengthened to close to $79 per tonne on Friday February 23 amid expectations of a possible extension of production limitations in China beyond the country's winter heating season, which ends in mid-March.Tangshan's municipal government is seeking feedback from market participants about...Read More

One Belt, One Road, One Direction for Precious Metals

February 23, 2018 / news.goldseek.com

By David SmithAll great events hang by a hair. The man of ability takes advantage of everything and neglects nothing that can give him a chance of success; whilst the less able man sometimes loses everything by neglecting a single one of those chances.~Napoleon BonaparteChina's launch several years ago of the One Belt, One Road Initiative is set to become the biggest commercial linking-system co...Read More

How global growth and infrastructure are driving commodities

February 23, 2018 / news.goldseek.com

As a general rule, the most successful man in life is the man who has the best informationThe global economy is booming again after years in the doldrums, commodities are back in a big way, and metals prices are for the most part, way up. In our last article showing how commodities are the place to be in 2018, we looked at five drivers: inflation, the low dollar, economic growth, the relative...Read More

India's JSW Steel to acquire Italy's Aferpi

February 23, 2018 / www.metalbulletin.com

Indian steelmaker JSW Steel is in the final stages of purchasing Italian long steel producer Acciaierie e Ferriere di Piombino (Aferpi), Italian trade union Uilm said on Thursday February 22."The Piombino plant [in western Italy] is destined to go into the hands of an entrepreneur who knows what it means to produce steel. We will start negotiating a business and investment plan after March 31," Ui...Read More

Gold's Curious Sentiment

February 23, 2018 / news.goldseek.com

Gold is faring quite well today technically, though you sure wouldn't know it from the rampant bearish sentiment. Gold's price is in a strong uptrend over a year old, high in both its current upleg and young bull market. Gold isn't far from breaking out to its best levels since September 2013, a really big deal. The stock markets even finally sold off after years of unnatural calm. Yet t...Read More

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