Recent News

Reminder that THE DOLLAR HAS BROKEN DOWN FROM A GIANT TOP and is at A GOOD POINT TO SHORT IT...

February 12, 2018 / news.goldseek.com

The purpose of this update is to try to make sure that you remain aware that the dollar has broken down from a giant top area, and is probably headed much lower, a prospect which is not diminished by the modest countertrend rally of the past week or so. We can see this top area and the breakdown last month to advantage on the latest 4-year chart for the dollar index below. With respect to the do...Read More

John Rubino-Volatility Volatility Volatility

February 12, 2018 / marketsanity.com

In just a few short months we've gone from a stock market that was almost completely devoid of fear to one that is driven by it. Just look at the volatility index, it went from 11 in December to over 50 last week. It's settled down quite a bit, but it's still around 27. If John is right, this trend will continue into the future and could mean big gains and losses too. John Rubino is the founder a...Read More

Stock Market's Massive Moves Not Seen Since Great Recession: Many who didn't see the bubble bursting have fallen

February 12, 2018 / news.goldseek.com

By David HaggithTalk about the market busting a move ... and a lot of people! In less than half a month, the Trump Rally lost a third of the height it had developed over a period of sixteen months the worst two-week drop since February 2009. (The market's moves are so extreme by many measures that the Great Recession is the closest touchstone one can find to assay the last two weeks of market...Read More

Kitco News Weekly Outlook: What Happened To Gold Prices?

February 12, 2018 / juniorgoldreport.com

Full Article: Kitco News Weekly Outlook: What Happened To Gold Prices?By: Neils ChristensenThe gold market is ending its second consecutive week in negative territory and many investors are asking: What happened?Gold's losses come as equity markets fell sharply into corrective territory, with the past week seeing the Dow Jones Industrial Average shedding more than 1,000 points in two sessions...Read More

Will Gold Shine During Volatile Times?

February 12, 2018 / www.gold-eagle.com

Strengths ? 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 expected to rise to...Read More

Reckless Deficit Spending by Congress Set to Wreck the Dollar

February 12, 2018 / news.goldseek.com

By Clint Siegner U.S. equities got a free ride on the Trump train after his election, even as Federal Reserve officials hiked interest rates. That ride may have ended last week.If commentators are correct and the blame for recent selling in the stock market falls on the burgeoning fear of rising interest rates, it looks like Fed tightening is finally having the effect many predicted when the cyc...Read More

What the Stock Market Decline Means for Gold and Gold Stocks

February 12, 2018 / news.goldseek.com

By Jordan Roy-ByrneIt was a rough week for investors in stocks and stocks of all kinds. The S&P 500 lost 5%. Emerging Markets also lost 5%. Gold Stocks, which had weakened before the broader equity market have been hit 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 to the year, gold stocks have es...Read More

DAILY SCRAP REPORT: Turkish steel mills to book more scrap for March, prices stable

February 12, 2018 / www.metalbulletin.com

The Turkish deep-sea scrap import market went quiet on Monday February 12, digesting the latest bookings done at the end of last week.Turkish steelmakers were active in the bulk ferrous scrap market over the preceding seven days, booking at least eight bulk ferrous scrap cargoes from suppliers in the United States, the UK and...Read More

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

Bitcoin and Crypto Prices Being Manipulated Like Precious Metals?

February 12, 2018 / news.goldseek.com

Listen on BlogTalkRadioKerry Lutz of the Financial Survival Network (FSN) interviewed GoldCore's Mark O'Byrne about the outlook for crypto currencies, financial markets and precious metals.- Are bitcoin and crypto prices being manipulated like precious metals?- Is there a coordinated backlash against bitcoin from JPM and powerful interests?- 95% of cryptocurrencies and ICOs will likely go to zer...Read More

Vanessa Trump taken to hospital as precaution after white powder sent to her home

February 12, 2018 / marketsanity.com

"How disturbed must a person be to do what they did to a mother of five children? This dangerous and reckless act goes beyond political differences."Continue...Read More

Reckless Deficit Spending By Congress Set To Wreck The Dollar

February 12, 2018 / www.gold-eagle.com

U.S. equities got a free ride on the Trump train after his election, even as Federal Reserve officials hiked interest rates. That ride may have ended last week.If commentators are correct and the blame for recent selling in the stock market falls on the burgeoning fear of rising interest rates, it looks like Fed tightening is finally having the effect many predicted when the cycle began.Most curre...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

TURKEY FERROUS SCRAP: Auto bundle prices hit pothole, ship scrap on calm waters

February 12, 2018 / www.metalbulletin.com

Turkish domestic auto bundle scrap prices have shown mixed dynamics over the past week, with some mills reducing their prices in line with falling imported scrap values, while other mills raised their prices to buy more material, sources said on Monday February 12.A number of steel mills in Turkey reduced their buy prices for scrap material by TRY10-15 ($3-4) per tonne in the past seven days, whil...Read More

The PPT Is The Only Thing Stopping An Outright Crash

February 12, 2018 / www.gold-eagle.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

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

Take It To The Bank: Interest Rates Won't Rise

February 12, 2018 / www.gold-eagle.com

How Not To Predict Interest RatesWe continue our hiatus from capital destruction to look further at interest rates. Last week, our Report was almost prescient. We said:The first thing we must say about this is that people should pick one: (A) rising stock market or (B) rising interest rates. They both cannot be true (though we could have falling rates and falling stocks).We write these Reports ove...Read More

IRON ORE PRICES: Benchmark index stays above $76 per tonne

February 12, 2018 / www.metalbulletin.com

Iron ore prices fell slightly but stayed above $76 per tonne cfr China on Monday February 12 amid a slowdown in trading in the physical market.Metal Bulletin's 62% Fe Iron Ore IndexToday: $76.24 per tonne cfr QingdaoDaily change: down by $0.22 per tonneMonth-to-date average: $75.76 per tonneMetal Bulletin's 58% Fe Premium IndexToday: $60.84 per tonne cfr QingdaoDaily change: down...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

The Topping Process Begins. The Bubble Finds Its Pin

February 12, 2018 / www.gold-eagle.com

Volatility 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 fit a classic...Read More

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