Recent News

7 Reasons to Shut Down Public Schools Immediately and Permanently

February 22, 2018 / www.thedailybell.com

Students plan to walk out of schools to protest gun violence. They say they won’t return until lawmakers do something to address school shootings.The students should walk out and never return. Being sitting ducks for gun violence is one reason, but it is far from the only one.1. Students Are Left DefenselessIt’s not just crazy gunmen students are left defenseless against. Some schools...Read More

LIVE FUTURES REPORT 22/02: Comex copper recovers amid dollar weakness

February 22, 2018 / www.metalbulletin.com

Comex copper prices bounced-back on Thursday February 22 morning in the US, after a minor rout with a weaker dollar and solid US data lifted the complex.Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 0.70 cents or 0.2% to $3.2230 per lb. With Chinese investors sidelined over the past week, the gyrations in the US dollar have been used as the barometer...Read More

Market Efficiency? The Euro is Looking Forward to the Weekend!

February 22, 2018 / www.acting-man.com

Peculiar BehaviorAs I have shown in previous issues of Seasonal Insights, various financial instruments are demonstrating peculiar behavior in the course of the week: the S&P 500 Index is typically strong on Tuesdays, Gold on Fridays and Bitcoin on Tuesdays (similar to the S&P 500 Index). The quest for profitable foresight...[PT] Several readers have inquired whether currencies exhibit such patt...Read More

METALS MORNING VIEW 22/02: Metals sell off as China returns from holiday

February 22, 2018 / www.metalbulletin.com

The metals prices on the London Metal Exchange on Thursday February 22 are down an average of 1.6%, with nickel prices down the most with a 2.3% decline to $13,460 per tonne and copper prices off 1.6% at $7,024 per tonne. With China back at work after the Lunar New year holiday, volumes on the LME have been high with 16,127 lots traded as of 07:32 am London time. Wednesday's trading had seen some...Read More

Gold Seeker Closing Report: Gold and Silver Gain Nearly 1%

February 22, 2018 / news.goldseek.com

CloseGain/LossGold $1331.50+$7.00Silver$16.61+$0.13XAU80.02-0.61%HUI175.85-1.57%GDM608.39-0.43%JSE Gold1099.99-47.06USD89.77-0.28Euro123.29+0.37Yen93.85+0.82Oil$62.77+$1.0910-Year2.922%-0.014T-Bond143.09375+0.40625Dow24962.48+0.66%Nasdaq7210.09-0.11%S&P2703.96+0.10% The Metals: Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near...Read More

Steve Forbes discusses why Americans are giving up on free market capitalism

February 22, 2018 / marketsanity.com

Porter and Buck welcome business leader and chairman of Forbes Media, Steve Forbes. They discuss why some Americans have lost the passion for free markets, what's happening on college campuses, and the enormous gap between productivity and stagnant wages. Steve demystifies the real relationship between gold and fiat paper currencies, how interest rate manipulation distorts financial markets, and t...Read More

Silver: 2018 and Beyond

February 22, 2018 / news.goldseek.com

Read More

US Section 232 would redirect steel imports into EU, sources say

February 22, 2018 / www.metalbulletin.com

If US President Donald Trump approves Section 232 recommendations made by the country's Commerce Department, it could threaten the European steel market with export reduction and the growth of redirected import flows, sources told Metal Bulletin.The decision, however, might also allow European exporters to sell increased quantities of long steel products into the US market, should President Trump...Read More

GoldSeek Radio Nugget: Bill Murphy and Chris Waltzek

February 22, 2018 / news.goldseek.com

Read More

Stock Market Melt-Up & Quantitative Tightening With Richard Duncan

February 22, 2018 / marketsanity.com

Richard Duncan and the host talk about Quantitative Tightening and the impact on the US Stock Market. The group has an in-depth discussion about the bond yield curve and how it might look as 2018 progresses. Richard Duncan has worked at the IMF and World Bank and has over 30 years of experience in financial markets.Richard Duncan is an author & economist who has worked as an equities analyst in Ho...Read More

Convert to Weekly Charts

February 22, 2018 / news.goldseek.com

By Gary SavageSometimes the volatility of daily price movement causes traders to lose sight of what is really happening. This video gives a refreshing view of the bigger picture for a number of markets using their weekly charts.https://blog.smartmoneytrackerpremium.com/ Read More

Doug Casey: 'We're at the very beginning of a really big bull market'

February 22, 2018 / marketsanity.com

Rick Rule and good friend Doug Casey discuss the cyclical nature of commodity markets and the next bull market.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputa...Read More

CHINA HRC: Export prices up amid higher bids

February 22, 2018 / www.metalbulletin.com

China's domestic prices for hot-rolled coil were the same as those before the country's weeklong break on Thursday February 22 with major end-users yet to return, but higher bids from overseas buyers provided some support to the export segment.DomesticEastern China (Shanghai): 4,110-4,130 yuan ($648-651) per tonne, unchangedNorthern China (Tianjin): 4,000-4,030 yuan per tonne, unchangedInventory l...Read More

Bubbles Everywhere...

February 22, 2018 / news.goldseek.com

By Harris KuppermanAbout a year ago, I read The Great Beanie Baby Bubble by Zac Bissonnette. It details how basic human greed, an artificial sense of scarcity and newly created technology like eBay, were used to artificially inflate re-sale prices and convince otherwise intelligent humans to sink their life savings into plush toys that were being created by the millions at a price-point measured...Read More

Rick Rule & Grant Williams discuss the strength of the global recovery, precious metals, & crypto-currencies

February 22, 2018 / marketsanity.com

Grant Williams questions the strength of the so-called synchronized global recovery.Part 1 (parts 2 & 3 below)Grant Williams explains his philosophy on precious metals and crypto-currencies.Part 2Grant previews his talk for the 2018 Sprott Symposium in Vancouver.Part 3Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He...Read More

Stocks Plunge on News of Nell's Death

February 22, 2018 / news.goldseek.com

Stocks dove late in Wednesday's session on news that the minutes from the January FOMC meeting were more than a little hawkish. From where we were sitting, the selloff looked like a brazen shakedown. It amounted to a 475-point reversal in the Dow, but that's the kind of plunge that Wall Street's thimble-riggers engineer whenever they are hungry for shares at bargain prices. For their part, the F...Read More

China AM: Ferrous futures fall on first day of work after Chinese New Year

February 22, 2018 / www.metalbulletin.com

China's ferrous futures tumbled during the morning trading session on Thursday February 22 with sentiment cooling continually in the opening hours after the country returned to work after a weeklong Lunar New Year holiday.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,860 yuan ($608) per tonne, down 78 yuan per tonne May hot-rolled coil: 3,924 yuan per tonne, down...Read More

Russian Central Bank Buys Gold - 600,000 Ounces Or 18.7 Tons In January As Venezuela Launches 'Petro Gold'

February 22, 2018 / news.goldseek.com

- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next weekRussia has...Read More

US domestic rebar prices rise; $25-per-ton price hike sticking

February 22, 2018 / www.metalbulletin.com

Domestic rebar prices in the United States have risen by $20 per ton, just shy of recent $25-per-ton mill hikes, according to market sources.American Metal Market's domestic rebar assessment rose to $32-33 per hundredweight, up $1 per cwt from $31-32 per cwt two weeks ago.One fabricator reported unchanged pricing for February, despite the stated timing of the increase announcements. His...Read More

Gold Bulls, Brace Yourselves - Fed Interest Rate Hikes Are Coming! / Commodities / Gold and Silver 2018

February 22, 2018 / www.marketoracle.co.uk

Are they? As usual, the FOMC minutes provoked diverse interpretations, both dovish and hawkish. Let’s analyze them, separating the wheat from the chaff. What do the recent minutes really mean for the gold market?Hawks Attack BullionWe have long warned investors about the hawkish treat. For example, as early as in the October edition of the Market Overview, we wrote that the Fed under Powell...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok