China's ferrous futures fell for a second consecutive morning on Tuesday January 23. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,886 ($606.70) per tonne, down 29 yuan per tonne May hot-rolled coil: 3,877 yuan per tonne, down 21 yuan per tonne Dalian Commodity Exchange May iron ore: 519.50 yuan per tonne, down 19.50 yuan per tonne May coking coal:...Read More

By Gary ChristensonCONCLUSIONSThe Russians did not cause global warming or a dozen other problems, but the accusations make good distractions.Blaming and taxing global warming are helpful to the financial and political elite.Gold and silver bullion and cash are less controllable by the elite, so they are discouraged.I encourage you to buy more silver! GLOBAL WARMING - CLIMATE CHANGE - GLOBAL COO...Read More

Over the last year we've seen a strong trend develop at GoldSilver.com - more and more bitcoin investors are diversifying into precious metals by buying gold and silver with Bitcoin.. In this latest video, Mike Maloney explains why he feels this is happening, and why it is a good thing. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver....Read More

By Mike MaloneyOver the last year, we've seen a strong trend develop at GoldSilver.com: more and more crypto investors are diversifying into precious metals by buying physical gold and silver with Bitcoin. In his latest video, Mike Maloney explains why he feels this is happening, and why it is a good thing. Read More

"Gold miners are going to surprise, particularly because of low expectations," Rule said.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 products and agriculture. His company has built a national reputation on taking advanta...Read More

By Jeff ClarkThere were some curious developments in the gold sector last year, most of which have flown under the radar of mainstream press reports. And the more they ignore what's happening, the greater the surprise to the upside will be. It could indeed be very exciting for those of us that are overweight precious metals and have stayed the course.While stocks and cryptos dominated last year'...Read More

The international trade committee of the European Parliament has now endorsed the political agreement on the modernization of the EU's trade defense instruments, the European Commission (EC) said on Tuesday January 23.The agreement was reached between the EC, the European Council and the European Parliament on December 5 last year.The changes to the EU's anti-dumping and anti-subsidy regulations w...Read More

Ray Dalio, Bridgewater Associates founder, chairman and chief investment officer, weighs in on Elon Musk's new compensation plan, the market's bull run, tax reform, Federal Reserve policy, how interest rates will likely impact asset prices, and his concerns about the two economies in the U.S. as the gap grows between the rich and poor in our country.Ray Dalio is an American businessman and founder...Read More

By Frank HolmesLast week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland. In case you don't know, back in the mid-1970s, Robert was caretaker of an apple orchard south of Portland that one of his buddies from Reed College would often visit. That buddy's name was Steve Jobs...Read More

Prices for rebar in the United Arab Emirates and Saudi Arabia were stable this week while billet import prices in the UAE narrowed with a new deal, sources told Metal Bulletin on Tuesday January 23.Demand for imported rebar, meanwhile, was still very weak in both countries because local prices were more competitive.Domestic rebarMajor local rebar producers in the UAE announced new prices on Januar...Read More

- U.S. Senate pass a temporary spending plan through Feb. 8 to end shutdown- Markets shrug off both government shutdown and re-opening- Markets, government and media ignoring worsening US debt position- Gold responding positively to U.S. dysfunction, rising US Treasury yields & weaker dollar- U.S. government national debt is $20.6 trillion and increasing rapidly- 'Bonds, like men, are in a bea...Read More

Trade war and protectionism across the world should be bullish for gold, silver and other safe havens. US President Donald Trump slapped tariffs on imported solar panels and washing machines, his first major trade move. Chinese solar companies will be the looser. India had also imposed anti-dumping duty on Chinese solar panels. Every nation is following a "protectionism policy" under the garb of...Read More

China's domestic rebar prices tumbled on Tuesday January 23, shedding about half of the gains made a day earlier amid sparse trading and losses in the billet and futures markets.Domestic Eastern China (Shanghai): 3,850-3,900 yuan ($601-609) per tonne, down 50 yuan per tonne Northern China (Beijing): 3,900-3,950 yuan per tonne, down 80-100 yuan per tonne A major price reduction by east China's majo...Read More

Turkish steel producers were in negotiations for deep-sea scrap purchases while prices stabilized on Tuesday January 23, Metal Bulletin has learnt.After booking a number of deep-sea cargoes at the end of the last week, Turkish steel mills were expected to book more deals for February and March."The market has stabilized and...Read More

The U.S. government partially closed at midnight on Friday. But the UK deals with a much more serious crisis. Potentially also for gold.So it happened again. The most powerful country in the world didn’t manage to renew another short-term government funding extension. It’s quite embarrassing, but we all should already get used to it. Since 1976, there have been almost 20 previous occur...Read More

Metal Bulletin Research topped the base metals leaderboard in the Apex fourth-quarter 2017 contest, with an accuracy rating of 99.35%. Click on the image below to download the full report. Bunk Muscat's Ajit S Mauskar was second in the base metals table with an accuracy rating of 98.88%, Casper Burgering of ABN Amro was third with 98.66%. SP Angel's John Meyer and Sergey Raevskiy were fourth with...Read More

There were some curious developments in the gold sector last year, most of which have flown under the radar of mainstream press reports. And the more they ignore what’s happening, the greater the surprise to the upside will be. It could indeed be very exciting for those of us that are overweight precious metals and have stayed the course. While stocks and cryptos dominated last year’s...Read More

Perhaps the best tool for anticipating major shifts in the financial system is the ratio between Treasury Inflation Protected Securities (TIPS): and the Long-term Treasuries ETF (TLT).In its simplest form, when this ratio rallies, the financial system is anticipating IN-flation. When this ratio falls, the financial system is anticipating DE-flation.Below is a 10 year chart for this ratio. And as y...Read More

We called the real estate bubble top in late 2005, just before it began to burst in early 2006. So did Jim Stack, a newsletter writer in Whitefish Montana.Continue...Read More

Iron ore prices dropped close to $74 per tonne cfr China on Tuesday January 23 amid weakening steel billet and futures markets. Metal Bulletin's 62% Fe Iron Ore Index Today: $74.29 per tonne cfr Qingdao Daily change: down by $2.32 per tonne. Month-to-date average: $76.50 per tonne Metal Bulletin's 58% Fe Premium Index Today: $60.73 per tonne cfr Qingdao Daily change:...Read More