By Craig HemkeOver the past five months, we've frequently asked the same question: What changed on September 8?? You may recall that September 8 was the day the bond market abruptly turned, taking with it the USDJPY and DXY. In the wee hours of September 8, the Dollar Index hit 91.01, the USDJPY hit 107.32 and, most importantly, the yield on the 10-year note hit 2.02%. In the five months since,...Read More

The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More

Iron ore prices jumped past $77 per tonne cfr China on Tuesday February 13 following gains in the paper market. Metal Bulletin's 62% Fe Iron Ore Index Today: $77.36 per tonne cfr Qingdao Daily change: up by $1.12 per tonne Month-to-date average: $75.94 per tonne Metal Bulletin's...Read More

Sovereign wealth funds investing in gold for long term returns - PwC- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"-...Read More

People are fleeing the socialism forced on them in Venezuela by the hundreds of thousands. Starving, and facing violence over crumbs of Continue...Read More

Source: Jack Chan for Streetwise Reports 02/12/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is down.The 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.The gold sector is on a short-term sell signal. Short-term...Read More

Rebar import prices for material brought into the United Arab Emirates and Saudi Arabia both went up this week while there were no imports of billet, sources told Metal Bulletin on Tuesday February 13.Demand for locally produced rebar in the UAE was still strong, however.Domestic rebarThe major rebar producers in the UAE announced new prices on January 16 and they have remained unchanged since the...Read More

Yesterday we shared with you Part I - big picture analysis "math" Behind the recent sell-off. Today, we want to show you the what the math is pointing to in the short term and what to expect next.For this type of analysis, we are going to use the Adaptive Dynamic Learning (ADL) modeling system that attempts to tear apart price and technical data from within a chart and reconstruct future price dat...Read More

Graceland Updates By Stewart Thomson 1. Gold has staged a superb rebound from the $1310 support zone, but that was overshadowed by the truly spectacular reversals taking place in most of the Western world's gold stocks!2. Please click here now. Double-click to enlarge this gold chart. I like the technical action being displayed right now. Here's why:3. First, $1370 is mass...Read More

According to a U.S. official and three Russians, U.S. military assets killed more than 200 Russian contract soldiers in Syria last week Continue...Read More

The Bank for International Settlements substantially increased its use of gold swaps and other gold-related derivatives during January, according to the bank's statement of account for the month:https://www.bis.org/banking/balsheet/statofacc180131.pdfThis increase follows a large decline in the bank's gold swaps in December. In recent months the BIS has been actively trading gold derivatives.The...Read More

China's rebar prices remained unchanged on Tuesday February 13 with trading pretty much coming to a complete halt in major markets ahead of the Chinese New Year.Domestic Eastern China (Shanghai): 3,860-3,920 yuan ($611-620) per tonne, unchanged Northern China (Beijing): 3,950-3,990 yuan per tonne, unchanged Spot prices held steady since most market participants started their break well...Read More

"We contend that the liquidation of the VIX ETPs last week was not due solely to flaws in the design of these products, but instead was driven largelyContinue...Read More

By Axel Merk"Don't panic, buy the dip, who cares?" or "These are rumblings of an earthquake, people will be hurt like in 1929" - which one is it? I would call it a wake-up call. Let me explain:In recent years, markets had appeared eerily "safe". Central banks promised to do "whatever it takes", provided "forward guidance" to keep rates low, even printed money to buy government debt, calling it "...Read More

Import prices for steel billet in Southeast Asia were flat amid sparse trading activity over the past week, while those for slab in the wider region encompassing East Asia edged up on impending drop in consumers' inventories.Metal Bulletin's assessment of import prices for billet in Southeast Asia was $535-550 per tonne cfr for the week ended Monday February 12, unchanged from a week earlier.Deals...Read More

By Frank HolmesToday I'd like to share a few words about the Olympics, but first, two words: Don't panic.The stock selloffs last Monday and Thursday were the two biggest daily point drops in the history of the Dow Jones Industrial Average, but in terms of percentage point losses, they don't even come close to cracking the top 10 worst days in the past 10 years alone.After a year of record closin...Read More

Gold has staged a superb rebound from the $1310 support zone, but that was overshadowed by the truly spectacular reversals takingContinue...Read More

Boise, Idaho (February 12, 2018) - The Idaho State House today overwhelming approved a bill which helps restore constitutional, sound money in the Gem State. State representatives voted 60-9 to pass House Bill 449 sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for a hearing in the Local Government and Taxation Co...Read More

Chinese vanadium markets flattened last week ahead of the Chinese New Year holiday, while US and European prices continued to be reinforced by falling regional inventories. Chinese price flatlines ahead of Chinese New Year holiday  European market rebounds on spot demand uptick, tight market  US market resumes strength on continued supply concerns Few exporters were quoting over the pas...Read More

Peter KrauthSilver prices in 2018 weren't immune from the stock market's turbulence last week. But silver prices held up better than stocks, and the brief downturn makes this an excellent silver buying opportunity…As the stock sell-off gained intensity, silver eventually followed the rest of the market. It's a reminder that silver is not gold, and investors would be wise not to ignore its le...Read More