Metals prices on the London Metal Exchange are up across the board this morning, Friday February 16, by an average of 0.4%, while trading activity has been light due to the Lunar New Year holiday. Lead prices are up by the most in percentage terms, with a 0.7% rise, followed by aluminium (0.6%) copper (0.4%) at $7,217 per tonne, with nickel and tin prices up 0.35 and zinc little changed. With the...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Meryllion Resources (CSE: MYR) Announces the Appointment of Paul Haber to Board of Directors Toronto, Ontario - February 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Meryllion Resources Corporation (CSE: MYR) ("Meryllion" or the "Corporation") is...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Hi Ho Silver Resources (CSE: HHS) (OTC: HHSRF) Adds Important Claims Extending Its Gold Target Zone to South, Bralorne Project, Goldbridge, British Columbia, Canada Vancouver, British Columbia - February 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire...Read More

Some coated flat steel prices in Turkey are expected to increase in the near future, driven by an expected domestic price rise for hot-rolled coil (HRC) and good export demand, sources told Metal Bulletin on Friday February 16.Domestic pricesMetal Bulletin's weekly price assessment for Turkish domestic hot-dipped galvanized coil (HDG) was $780-790 per tonne ex-works on February 16, compared with $...Read More

CloseGain/LossOn WeekGold $1348.70-$4.70+2.58%Silver$16.68-$0.20+2.21%XAU83.23-2.63%+6.23%HUI184.95-2.33%+5.96%GDM631.75-2.20%+5.84%JSE Gold1204.14+7.09+6.38%USD89.15+0.57-1.42%Euro124.12-0.90+1.42%Yen94.00-0.27+2.07%Oil$61.68+$0.34+4.19%10-Year2.871%-0.031+0.56%Bond144.28125+0.28125+0.39%Dow25219.38+0.08%+4.25%Nasdaq7239.47-0.23%+5.31%S&P2732.22+0.04%+4.30% The Metals: Gold gained $8.30 t...Read More

As a general rule, the most successful man in life is the man who has the best informationBy Richard (Rick) MillsThe stock market pullback of the last couple of weeks has shown that markets are jittery, and will likely be volatile for awhile as investors keep a vigil on rising bond yields (inflation) and potential interest rate hikes. In these uncertain times, one sector that appears to be holdi...Read More

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More

Domestic prices for hot-rolled coil (HRC) in Turkey have been largely unchanged over the past week, but mills are likely to raise their offers for May-production material, sources told Metal Bulletin on Friday February 16.Domestic pricesMetal Bulletin's weekly price assessment for Turkish domestic HRC was $630-645 per tonne ex-works on February 16, compared with $630-640 per tonne ex-works a week...Read More

It's mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college. But in yet another example of how we baby boomers have rigged the system in our favor at the expense of pretty much everyone else, student loans - barely necessary when most boomers graduated 40 years ago - have become a life-defining...Read More

Topics:The U.S. Debt BombInflationDerivativesThe POWELL PUTJim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war gam...Read More

By Nathan McDonaldOver the past month, we have heard a growing roar of dissent and fear as people within the United States and around the financial world worried about a rapidly approaching deadline. A deadline, that if reached, would spell disaster for all! This deadline self-imposed by Congress is an artificial ceiling put in place to reign in the controls of big government and keep it in chec...Read More

Prices for flat steel products imported into South America were unchanged this week because of the lack of trading activity, Metal Bulletin has been told."The market is stopped due to the Chinese [lunar] new year [celebrations], with fresh offers expected to be placed later next week," a Pacific coast-focused steel trader said. "And we expect prices to rise after the break."The lunar...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,86076,25464,242150,847345,383466,949485,879Change from Prior Reporting Period -21,968-6,6973,685-7,803-18,718-26,086-21,730Traders17279744461251183 Small Speculators LongShortOpen Interest 44,79625,866511,745 2,510-1,846-23,576 non reportable positionsChange from the previous...Read More

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 Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking d...Read More

Metal Bulletin reviews the major stories that have affected the steel market over the past week.The break in some markets to celebrate the Chinese lunar new year has driven commodity prices this week.Metal Bulletin's 62% Iron Ore Index increased to $78.43 per tonne cfr on Thursday, while Metal Bulletin's fob Australia indices for coking coal were flat at $229.57 per tonne for premium hard coking c...Read More

By U.S. Global InvestorsChinese New Year, also known as Lunar New Year, is a festival celebrated at the turn of the lunisolar Chinese calendar for 15 days until the next full moon. During this period many people are off work, visit extended family, clean their homes thoroughly and surround themselves with lucky symbols for good fortune in the coming year.Discover more about how the Chinese New Y...Read More

By Gary ChristensonThis article and another were written for Miles Franklin. Read them here and here. Since this article was written in early January stock indices have bubbled higher. Some analysts have dreamed of a "melt-up" for stock markets. Regardless, bubbles crash eventually.The DollarThe Dollar Index dropped from 102.28 on December 30, 2016 to 91.82 on December 29, 2017, and further to 8...Read More

Metals industry equipment supplier Primetals Technologies has appointed Satoru Iijima its chief executive officer and board chairman, to take office on April 1 this year, it said on Friday February 16.Iijima, who was previously CEO of Primetals Technologies' subsidiary in the United States, will replace Yasukuni...Read More

By Dave KranzlerThe Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is "high powered" money, meaning it can be leveraged 10x (banks need to hold 10% in reserves against "high powered" money. $11 billion is $110 billion of leverage for the banks to u...Read More