Turkish steel producers continued their bookings for March at comparatively stable prices on Friday February 9.A steel mill in the Marmara region came to the market and booked a US cargo at $353 per tonne cfr for 32,000 tonnes of shredded.The same mill also booked...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop EMX (TSXV: $EMX.V) (NYSE: $EMX) Executes Agreement to Sell the Guldgruvan Cobalt Project in Sweden to Boreal Vancouver, British Columbia - February 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Arctic Star (TSXV: ADD) (OTCQB: ASDZF) Mobilizes Drill, Timantti Project Finland Vancouver, British Columbia - February 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Arctic Star Exploration Corp (TSXV: ADD) (OTCQB: ASDZF) (FSE: 82A1) (WKN: A2DFY5) (...Read More

Say goodbye to your senior discounts, no cover lady’s nights, and free entry for children.Unless of course, you think the latest court ruling on discrimination won’t be applied evenly…The popular dating app Tinder allows you to swipe a user’s picture left to reject a potential match, and swipe right in the hopes that they do the same and you match.The app is free. But there...Read More

Base metals traded on the London Metal Exchange are experiencing downward pressure this morning, Friday February 9, with the complex posting an average loss of 0.7% amid healthy volumes. Nickel (-1.6%) has been hit the worst, while copper (-0.2%) appears to be the most resilient.The downward pressure across the industrial metals is driven by a deterioration in risk sentiment in Asia, evident in eq...Read More

Well Known Seasonal TrendsReaders are very likely aware of the "Halloween effect" or the Santa Claus rally. The former term refers to the fact that stocks on average tend to perform significantly worse in the summer months than in the winter months, the latter term describes the typically very strong advance in stocks just before the turn of the year. Both phenomena apply to the broad stock market...Read More

CloseGain/LossOn WeekGold $1314.80-$2.40-1.28%Silver$16.32-$0.06-1.69%XAU78.35-1.90%-6.59%HUI174.55-2.15%-7.17%GDM596.91-1.61%-7.11%JSE Gold1131.89-10.58-7.89%USD90.43+0.10+1.42%Euro122.38-0.09-1.77%Yen92.09+0.14+1.36%Oil$59.20-$1.95-9.55%10-Year2.855%+0.026+0.60%Bond143.71875-0.75-0.88%Dow24190.90+1.38%-5.21%Nasdaq6874.49+1.44%-5.06%S&P2619.55+1.49%-5.16% The Metals: Gold gained $3.20 to...Read More

Export prices for cold-rolled coil (CRC) from Latin America increased this week, due to higher prices in Europe, while the price of hot-rolled coil (HRC) remained unchanged.Metal Bulletin's weekly assessment of Latin America's CRC export prices went up to $700-725 per tonne fob on Friday February 9, from $680-695 per tonne fob a week earlier. The weekly price assessment of Latin America's HRC...Read More

By Ira EpsteinGold stable as stock indices have wild trade day.https://www.iraepstein.com/ Read More

Click Here to Listen to the Interview - *the interview begins at 6:18Axel gives a wonderful explanation of what's behind this week's wild market action, weighs in on gold's role as a safe haven in the midst of potential chaos and tells us why he believes volatility his here to stay.Click Here to Listen to the Interview - *the interview begins at 6:18Axel Merk is the Founder, President, Portfolio M...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort273,82882,95160,557158,650364,101493,035507,609Change from Prior Reporting Period -24,499-8,1142,9093,960-15,665-17,630-20,870Traders17091814857260192 Small Speculators LongShortOpen Interest 42,28627,712535,321 -6,381-3,141-24,011 non reportable positionsChange from the previo...Read More

Flat steel prices in Turkey's domestic and import markets increased slightly this week, although demand was mostly stable, market participants told Metal Bulletin on Friday February 9.Local producers are accepting orders for April and buying is expected to improve next week because stock levels are low in Turkey.Domestic pricesHot-rolled coil (HRC) producers in Turkey have been offering material a...Read More

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Axel Merk, President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on news outlets throughout the world, and it's great to have him back on with us.Axel, it's a real pleasure to speak with you agai...Read More

Click Here to Listen to the Interview - *the interview begins at 25:00"When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime. Debt is everywhere, and it's much, much higher now."Click Here to Listen to the Interview - *the interview begins at 25:00Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fu...Read More

By Marin KatusaOn Monday, February 5th, 2018 we experienced 'Volmageddon' (Volume Armageddon) where the low volatility indexes got crushed.During Volmageddon, we experienced the largest one-day point drop ever for the S&P 500 at 113.19 points, but an overall drop of 124.21 points within 24 hours.February 5th was the largest one-day point drop, it was nowhere near the all-time largest decline in...Read More

Prices for flat steel imports in South America fell this week with market participants in a rush to close deals ahead of the Chinese New Year holiday in mid-February. "Some transactions are being reported as traders are in a rush to sell their latest cargoes before the holiday in China," a flat steel trader said."At the same time, buyers are [hoping] to benefit from last-minute deal...Read More

Is this the beginning of a major crash? Join Mike Maloney for his latest update where he analyzes the stock market, gold & silver, and bitcoin. Links:'2018: Things To Come' video: https://www.youtube.com/watch?v=98eDt...What Happens To Gold & Silver If the Stock market Crashes? https://goldsilver.com/blog/if-the-st...Clive Maund: https://www.clivemaund.com/article.ph...Michael Maloney is a preciou...Read More

The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology will start shifting back to...Read More

Rebar prices in Argentina increased this month, as long steel producers made an adjustment due to cost increases, sources told Metal Bulletin. Metal Bulletin's weekly assessment of Argentina's domestic rebar went up to $860-865 per tonne ex-works on Friday February 9 from $840-850 per tonne ex-works the previous month. Prices of other long steel products, such as bars, have risen this month by 4-5...Read More

By Market AnthropologyBesides death and taxes - whose ultimatums we continue to try and cheat - the only two things you can truly depend on showing up on a regular basis are gravity and greed. Over the past week, the two collided in the equity markets in rather spectacular fashion, with gravity taking the day. Granted, it's been a while since equity traders felt the strange sensation of gravity....Read More