Recent News

Something is definitely "changing" but what is it?

February 12, 2018 / news.goldseek.com

By Bill HolterMarkets around the world are convulsing which is definitely different than anything we have seen in over a year. We also know that interest rates are going higher all over the world. In fact, if you look at rates going back to 1981, the downtrend line(s) has been broken and thus a very major change. Generational trades and 37 year trend lines are rare on their own, when they finall...Read More

The Topping Process Begins. The Bubble Finds its Pin.

February 12, 2018 / news.goldseek.com

By PlungerVolatility has now returned to the stock market after a hibernation of several years. An explosion of volatility normally is indicative of a change of trend. The recent signals transmitted by this market have been classic and has been telling us that we have entered the final topping process of this extended and stretched economic cycle. The trading over the past 7 market sessions f...Read More

CHINA HRC: Futures rise on news of more production limits in Tangshan

February 12, 2018 / www.metalbulletin.com

China's hot-rolled coil futures posted some gains on Monday February 12 after the country's steel production hub of Tangshan announced more production caps late last Friday.DomesticEastern China (Shanghai): 4,110-4,130 yuan ($653-656) per tonne, unchangedNorthern China (Tianjin): 4,000-4,030 yuan per tonne, unchangedFerrous futures surged at the start of the day's session in the wake of news that...Read More

Groundhog Week

February 12, 2018 / news.goldseek.com

Source: Michael J. Ballanger for Streetwise Reports 02/09/2018 The physical metals will continue to outperform mining shares until there is some stabilization in the global arena, posits precious metals expert Michael Ballanger. -->In the "I hate to say I-told-you-so" category, it looks like the Punxsutawney Phil came out of his den last week, took one look at the state of the global stock...Read More

The PPT is the Only Thing Stopping an Outright Crash

February 12, 2018 / news.goldseek.com

By Graham SummersThe markets have changed and many are going to get "taken to the cleaners."Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year.Now that massive market rig is over. And anyone who continues to invest as though it's 2017 is going to ge...Read More

China AM: Ferrous futures edge up amid start of quiet week

February 12, 2018 / www.metalbulletin.com

China's ferrous futures mostly started the week with slight gains during the morning trading session on Monday February 12.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,910 yuan ($621) per tonne, up 15 yuan per tonne May hot-rolled coil: 3,966 yuan per tonne, down 1 yuan per tonne Dalian Commodity Exchange May iron ore: 522 yuan per tonne, down 0.50 yuan per tonne...Read More

SWOT Analysis: Will Gold Shine During Volatile Times?

February 12, 2018 / news.goldseek.com

By Frank HolmesStrengths? The best performing metal this week was gold, down 1.26 percent. China's demand for gold jewelry rose 10 percent last year to around 700 metric tons due to increasing wealth of residents. China is the largest market for gold in the world.? Gold demand is also on the rise in India, the second largest consumer of gold, with purchases expe...Read More

Ron Paul: E-Verify Threatens Us All

February 12, 2018 / marketsanity.com

In addition to funding for a border wall and other border security measures, immigration hardliners are sure to push to include mandatory E-Verify in any immigration legislation considered by Congress. E-Verify is a (currently) voluntary program where businesses check job applicants' Social Security numbers and other Information - potentially including "biometric" identifiers like fingerprints - a...Read More

Mining Stocks Have Been The Most Frustrating Trade For The Last Year

February 12, 2018 / news.goldseek.com

By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I still think we can see it in occur in 2018. But, after last week's b...Read More

Platinum Looks Poised for Surprising Gains This Year / Commodities / Platinum

February 12, 2018 / www.marketoracle.co.uk

Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market, and urged people to buy gold when it was...Read More

Profit trend at India's Sail turns upward in October-December 2018

February 12, 2018 / www.metalbulletin.com

Indian state-owned steelmaker Steel Authority of India (Sail) reported a rise in profit in the fourth quarter of 2017 after ten consecutive months of decline, the company said on Thursday February 8.The company reported earnings before interest, taxes, depreciation and amortization (Ebitda) of 15.71 billion rupees ($244 million) in October-December 2017, the third quarter of its current financial...Read More

The Fed's Impossible Choice, In Three Charts

February 12, 2018 / news.goldseek.com

Critics of "New Age" monetary policy have been predicting that central banks would eventually run out of ways to trick people into borrowing money. There are at least three reasons to wonder if that time has finally come: Wage inflation is acceleratingNormally, towards the end of a cycle companies have trouble finding enough workers to keep up with their rising sales. So they start paying new hi...Read More

Is the "Short Volatility" Blow-Up Bear Stearns or Lehman Brothers?

February 12, 2018 / gainspainscapital.com

The markets have changed and many are going to get "taken to the cleaners."Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year.Now that massive market rig is over. And anyone who continues to invest as though it's 2017 is going to get annihilated in th...Read More

Ray Dalio: The Main Questions are About Timing and What the Next Downturn Will be Like

February 12, 2018 / marketsanity.com

Continue...Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institutional Investor's Alpha ranked him No. 2 on their 2...Read More

Gold Mining Stocks Have Been The Most Frustrating Trade For The Last Year / Commodities / Gold and Silver 2018

February 12, 2018 / www.marketoracle.co.uk

For those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I still think we can see it in occur in 2018. But, after last week’s break down...Read More

Greg Weldon: Platinum Looks Poised for Surprising Gains This Year

February 12, 2018 / news.goldseek.com

Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market...Read More

This Bounce Won't Last... We're Going Lower

February 12, 2018 / gainspainscapital.com

The markets have changed and many are going to get "taken to the cleaners."Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year.Now that massive market rig is over. And anyone who continues to invest as though it's 2017 is going to get annihilated in th...Read More

James Altucher says "Bitcoin is the New Flight to Safety"

February 12, 2018 / marketsanity.com

"You can't buy anything with gold. What does gold do."Photo credit: FlickrRead More

Oman rebar producer Sohar Steel receives CARES certificate

February 12, 2018 / www.metalbulletin.com

Rebar producer Sohar Steel has received certification of its responsible sourcing of construction products and sustainable constructional steel (SCS) from the UK-based Certification Authority for Reinforcing Steel (CARES), the Omani company said on Sunday February 11.The company produces 800,000 tonnes per year of rebar and 600,000 tpy of steel billet.It sells its products in Oman and...Read More

What Does the Stock Market Decline Mean for Gold / Commodities / Gold and Silver 2018

February 12, 2018 / www.marketoracle.co.uk

It was a rough week for investors in stocksand stocks of all kinds. The S&P 500 lost 5%. Emerging Markets also lost5%. Gold Stocks, which had weakened before the broader equity market have beenhit hard. They (GDX, GDXJ) also lost 5% last week. The HUI Gold Bugs Index(which excludes royalty companies unlike GDX) lost 7%. After a strong start tothe year, gold stocks have essentially given back a...Read More

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