Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Gold continues to prepare to break out of its giant Head-and-Shoulders bottom pattern. As we can see on its 8-year chart below, this base pattern has been developing for getting on for 5-years now, so it has major implications. Upside volume has been building for a long time, driving volume indicators higher, a sign that a breakout and new bullmarket is simply a matter of time, and not much at t...Read More
By John MauldinInvisible DerivativesGiant MysteryZero ConfidenceSonoma and the SIC in San DiegoFederal Reserve officials like to say their policy course is "data-dependent." That sounds very cautious and intelligent, but what does it actually mean? Which data and who's interpreting it? Let's ask a few questions.Photo: Federal Reserve Board of GovernorsFirst, how could their policy choices not be...Read More
Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators - as tracked by the Commitment of Traders (COT) report - had gone overwhelmingly long, and since they tend to be wrong at emotional extremes, this was a red flag. Second, gold was approaching the $1360 level that had, since 2014, been the place where upward momentum went to die....Read More
By Gary TanashianDespite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk 'on' backdrop. Many of the shorter-term indicators we watch, like Junk bond ratios and the Palladium/Gold ratio say the same thing. Junk/Treasury and Junk/Investment Grade are threatening new highs and as we have noted in NFTRH updates all through the rece...Read More
By Gary SavageStocks have only recently broken above a 20 year long consolidation period. Price may now enter a parabolic phase or be beginning another long term bull market. In either case, this video explains why stocks are not presently in a bubble.https://blog.smartmoneytrackerpremium.com/ Read More
Featured GuestsPeter Grandich & Arch CrawfordShow HighlightsOn the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in less than two years. His service...Read More
By Larry LaBorde I will admit that I am getting old. I was born when Eisenhower was president. My idea of a tablet while growing up in the early 1960's was an etch-a-sketch. The first time Apple customer support told me to reboot my ipad I turned it upside down and shook it real hard. Yesterday my Amazon hockey puck mistakenly starting playing a song at full volume while I was skyping wi...Read More
Prices in the global steel billet market were mostly trending upward last week amid enlivened demand at some destinations as well as increased scrap prices, Metal Bulletin has learnt.There were some markets in which prices remained unchanged week-on-week, but these were largely in Asia, where market participants have now broken off for the week-long lunar new year holiday, ending on February 21.Tu...Read More
Gold continues to prepare to break out of its giant Head-and-Shoulders bottom pattern. As we can see on its 8-year chart below, this base pattern has been developing for getting on for 5-years now, so it has major implications. Upside volume has been building for a long time, driving volume indicators higher, a sign that a breakout and new bullmarket is simply a matter of time, and not much at t...Read More
By John MauldinInvisible DerivativesGiant MysteryZero ConfidenceSonoma and the SIC in San DiegoFederal Reserve officials like to say their policy course is "data-dependent." That sounds very cautious and intelligent, but what does it actually mean? Which data and who's interpreting it? Let's ask a few questions.Photo: Federal Reserve Board of GovernorsFirst, how could their policy choices not be...Read More
Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators - as tracked by the Commitment of Traders (COT) report - had gone overwhelmingly long, and since they tend to be wrong at emotional extremes, this was a red flag. Second, gold was approaching the $1360 level that had, since 2014, been the place where upward momentum went to die....Read More
By Gary TanashianDespite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk 'on' backdrop. Many of the shorter-term indicators we watch, like Junk bond ratios and the Palladium/Gold ratio say the same thing. Junk/Treasury and Junk/Investment Grade are threatening new highs and as we have noted in NFTRH updates all through the rece...Read More
By Gary SavageStocks have only recently broken above a 20 year long consolidation period. Price may now enter a parabolic phase or be beginning another long term bull market. In either case, this video explains why stocks are not presently in a bubble.https://blog.smartmoneytrackerpremium.com/ Read More
Prices in the global steel billet market were mostly trending upward last week amid enlivened demand at some destinations as well as increased scrap prices, Metal Bulletin has learnt.There were some markets in which prices remained unchanged week-on-week, but these were largely in Asia, where market participants have now broken off for the week-long lunar new year holiday, ending on February 21.Tu...Read More
Aluminium was the only base metal on the London Metal Exchange to close in positive territory on Monday February 19, with the majority of the complex's prices under pressure.The three-month aluminium price closed $6 higher as it managed to stabilize above $2,200 per tonne following Friday's release of US Commerce department recommendations on imports."While prices have rallied from their recent lo...Read More
Base metals prices on the London Metal Exchange were weaker during morning trading on Monday February 19, with most metals reversing gains seen last week. The three-month copper price was recently trading $62.50 per tonne lower than Friday's 5pm closing price and coming under pressure at the $7,200 per tonne level. Market volumes are expected to remain thin today with Chinese traders away for the...Read More
Metal Bulletin aluminium billet premiums were largely unchanged around the world on Friday February 16, on a combination of factors. The market in the United States was stagnant in the month to Friday, while Asian market participants were away for the Lunar New Year holiday and consumers in Europe reported being well stocked. The three-month aluminium price on the London Metal Exchange closed at $...Read More
Before diving into the topic, let's be clear about one thing: The economic definition of "inflation" is the increase in money supply relative to the marginal increase of wealth output (GDP) in the economic system for which money supply is created. This is differentiated from "price inflation," which would is "a general rise in prices."Money and credit creation in excess of wealth output causes...Read More
Spain-focused tungsten miner W Resources has secured a $35 million loan facility to fund its La Parilla development in southwest Spain, it said late last week.The lenders include one or more funds managed by BlackRock Financial Management, the miner said.The loan will have a five-year scheduled term, with a two-year non-call period, it added. W Resources has the right to repay the loan after two y...Read More