By Ira EpsteinGold stable as stock indices have wild trade day.https://www.iraepstein.com/ Read More
Full Article: Gold takes center-stage in dollar scareBy: Michael J. KosaresMuch is made of the direct inverse correlation between gold and the dollar, but acknowledging that relationship does not really get us anywhere. The bigger question is whether or not the dollar will continue to track lower as it has over the past 18 months or will it suddenly reverse course and head higher.In the end, the...Read More
Here are today's videos and charts (double-click to enlarge):SFS Key Charts & Video UpdateSF60 Key Charts & Video UpdateSF Juniors Key Charts & Video AnalysisSF Trader Time Key Charts & Video Analysis*********Unique Introduction For Gold-Eagle Readers: Send me an email to signals@superforcesignals.com and I'll send you my free Key Silver Stocks report!Stay alert for our Super Force alerts, sent by...Read More
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
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...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
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 bearish...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
Rand Paul was the only senator with the guts to stand up against this travesty of a bill that will seal the fate of the Republican Party, and unfortunately the United States as well.Read More
China's domestic rebar prices were unchanged on Thursday February 8 ahead of the weekend. Domestic Eastern China (Shanghai): 3,860-3,920 yuan ($611-620) per tonne, unchanged Northern China (Beijing): 3,950-3,990 yuan per tonne, unchanged Traders kept their offers flat since most of their customers have retreated from the market ahead of the Chinese New Year next week. China is officially on holida...Read More
We've received many comments and questions from our members over the past few days regarding the recent US market crisis asking what to expect next. Is this the start of something bigger? Deeper? What should I do with my open long positions? What should I do to prepare for anything in the future? All of these are valid questions. So, we wanted to help our members and all of our followers...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
Long ago in a distant galaxy called "2017," stock prices rose every day. And the people were happy. With paper profits in hand they maxed out their credit cards and bank lines to buy flat-screen TVs and cars and cover their student loans.Then one day a darkness began to spread. Stocks began to move in an unfamiliar way that felt profoundly wrong. They went "down" instead of up, and paper profits b...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
After a 25-year wait, China is about to trade Yuan Oil Futures. Expect to see and hear a lot of hype over this event.Continue...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
By Gary ChristensonGlobal stock and bond markets: Watch out below!I discussed over-priced markets here and here and here.2017 was an outstanding year in many markets. DOW up 24.7%NASDAQ 100 up 31% (Wow!)Nikkei up 19%DAX up 12%Gold up 13.6%Silver up 7.1%XAU (gold mining stocks) Index up 8%Dollar Index DOWN 10%We can be certain of the following:Death, Taxes and Politics.When markets move too far a...Read More
European stainless steel base prices have remained unchanged over the past week, sources told Metal Bulletin on Friday February 9.Metal Bulletin's weekly base price assessment on Friday for 2mm, grade-304 CR stainless steel sheet was ?,?1,060-1,120 ($1,299-1,373) per tonne delivered in Northern Europe."The good market sentiment in January didn't turn into much [buying] action, and it seems like th...Read More
By BullionStarhttps://www.bullionstar.com/As market turmoil hits both equities and cryptocurrencies, the heightened volatility in these assets underscores gold's unique role as a safe haven, store of value and portfolio diversifier.Stock Market SelloffsWith major US stock indices falling again sharply on Thursday (DJIA - 4.02%, NASDAQ - 4.08%, S&P -3.41%), last Monday's equity market selloff and...Read More
China's ferrous futures trended downward during the morning trading session on Friday February 9. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,922 ($621) per tonne, down 8 yuan per tonne May hot-rolled coil: 4,008 yuan per tonne, down 14 yuan per tonne Dalian Commodity Exchange May iron ore: 529.50 yuan per tonne, down 1.50 yuan per tonne May coking coal: 1,363 y...Read More