Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More

Turkish rebar and wire rod export prices have gone up sharply this week, in line with strong demand and rising raw materials costs, sources said on Thursday February 22.Metal Bulletin's weekly price assessment for rebar exports out of Turkey was $585-595 per tonne fob on an actual weight basis, up from the last week's $565-575 per...Read More

A key issue to note if you want to time market turns is that stocks are always the last asset class to "get it."Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January '16 lows.HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce....Read More

SummaryGold and gold ETF now testing critical near-term benchmark price.Failure to hold above this level would break the immediate-term trend.Fear factor still high, so don't give up on the metal yet.Spot gold closed lower on Wednesday after its biggest daily slide in 10 weeks the previous day. Gold struggled to rise in the face of a higher U.S. dollar index and ignored weakness in U.S. equities f...Read More

CloseGain/LossGold $1331.50+$7.00Silver$16.61+$0.13XAU80.02-0.61%HUI175.85-1.57%GDM608.39-0.43%JSE Gold1099.99-47.06USD89.77-0.28Euro123.29+0.37Yen93.85+0.82Oil$62.77+$1.0910-Year2.922%-0.014T-Bond143.09375+0.40625Dow24962.48+0.66%Nasdaq7210.09-0.11%S&P2703.96+0.10% The Metals: Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near...Read More

Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More

Exporters of CIS-origin pig iron sold large tonnages of material this week at lower prices, but are now preparing to increase their offers amid a bullish scrap market, sources have told Metal Bulletin.Metal Bulletin's export price assessment on Thursday February 22 for high-manganese pig iron from the CIS region was $345-370 per tonne fob Black Sea, unchanged week-on-week.After the price assessmen...Read More

Russian central bank buys gold - large 600,000 ounces or 18.7 tons of gold in January- Russia increased its holdings to 1,857 tons, topping the People's Bank of China's 'reported' 1,843 tons- Russia surpasses China as 6th largest holder of gold reserves - after U.S., Germany, IMF, Italy and France- Turkish central bank added 205 tons "over 13 consecutive months" - Commerzbank- Meanwhile, Russia...Read More

MGX MINERALS ANNOUNCES COMPLETION OF 3,000 METRE DRILL PROGRAM AT CASE LAKE LITHIUM; 8,000 METRE SPRING DRILL PROGRAM PLANNEDMGX Minerals Inc.'s joint venture partner Power Metals Corp. has completed a 30-hole, 3,000-metre diamond drill program on the Northeast dike at its Case Lake property near Cochrane, Ont. Drilling successfully intersected multiple course-grain pale green spodumene zones at s...Read More

Rick Rule, the president and CEO of Sprott US Holdings, joins us this month to answer questions from Sprott Money customers regarding gold, silver and the mining shares.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest product...Read More

By Gary SavageSometimes the volatility of daily price movement causes traders to lose sight of what is really happening. This video gives a refreshing view of the bigger picture for a number of markets using their weekly charts.https://blog.smartmoneytrackerpremium.com/ Read More

A key issue to note if you want to time market turns is that stocks are always the last asset class to "get it."Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January '16 lows.HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce....Read More

By Harris KuppermanAbout a year ago, I read The Great Beanie Baby Bubble by Zac Bissonnette. It details how basic human greed, an artificial sense of scarcity and newly created technology like eBay, were used to artificially inflate re-sale prices and convince otherwise intelligent humans to sink their life savings into plush toys that were being created by the millions at a price-point measured...Read More

Continue...Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and...Read More

Turkish steel producers went back to buying deep-sea scrap on Thursday February 22, and paid comparatively higher prices, sources told Metal Bulletin.A steel mill in the Iskenderun region booked a US cargo, comprising 13,000 tonnes of HMS 1&2 (90:10) at $360.50 per tonne, 20,000 tonnes of shredded at $363.50 per tonne and 2,000 tonnes plate and structural scrap (P&S) at $368.50 per tonne cfr.Anoth...Read More

Full Article: Five Percent In Gold Makes Sense As Volatility Rises Full Article: Neils Christensen(Kitco News) - The world's largest investment firm thinks that holding even a little bit of gold will help to smooth out growing volatility in financial markets.In an interview Tuesday with Bloomberg New, Russ Koesterich, head of asset allocation for BlackRock Inc.'s global allocation team said the...Read More

A key issue to note if you want to time market turns is that stocks are always the last asset class to "get it."Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January '16 lows.HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce....Read More

Stocks dove late in Wednesday's session on news that the minutes from the January FOMC meeting were more than a little hawkish. From where we were sitting, the selloff looked like a brazen shakedown. It amounted to a 475-point reversal in the Dow, but that's the kind of plunge that Wall Street's thimble-riggers engineer whenever they are hungry for shares at bargain prices. For their part, the F...Read More

Special counsel Robert Mueller just increased the pressure on former Trump campaign chairman Paul Manafort and aide Rick GatesContinue...Read More

Dear Reader,If you're looking for answers as to why the US financial system is the way it is... or have questions about what's coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.If you've yet to pick up a copy, grab one now. You'll immediately know more about how the financial system work...Read More