Recent News

Gold Seeker Closing Report: Gold and Silver End Lower in Mixed Trade

January 17, 2018 / news.goldseek.com

CloseGain/LossGold $1329.00-$10.30Silver$17.02-$0.19XAU89.12-1.27%HUI200.07-2.11%GDM672.24-1.54%JSE Gold1313.51-3.20USD90.71+0.28Euro122.11-0.54Yen90.13-0.68Oil$63.97+$0.2410-Year2.572%+0.029T-Bond150.34375-0.46875Dow26115.65+1.25%Nasdaq7298.28+1.03%S&P2802.56+0.94% The Metals: Gold chopped between $1343.90 and $1332.90 in Asia and bounced back to $1338.90 in London before it fell to a new...Read More

EUROPE CRC: Domestic prices move up in Southern Europe

January 17, 2018 / www.metalbulletin.com

Domestic prices for cold-rolled coil (CRC) increased in Southern Europe this week and are expected to soon move up further, sources told Metal Bulletin.The rise was supported by a lack of competitive import offers in the market. Metal Bulletin's weekly price assessment for domestic CRC in Southern Europe was ?,?610-640 ($735-772) per tonne ex-works on Wednesday December 17, up from ?,?59...Read More

2018 Should Be Bullish For The Precious Metals Sector

January 17, 2018 / news.goldseek.com

By Dave KranzlerUsually I'm loathe to stick out price targets on the markets, especially gold and silver, because of the undeniable market invention of the Central Banks - market manipulation which is blatant to the point at which it is now denied only by card-carrying idiots.Gold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold was accompanied by a r...Read More

Gerald Celente-Country Going Down?

January 17, 2018 / marketsanity.com

Gerald believes that the US has a major problem. The middle class is continuing its descent into oblivion. The big corporations don't care and are accelerating the trend through their unabashed greed. Gerald doesn't see an upside due in large part to the dumbing down of America. Until people are no longer willing to tolerate the situation, it will continue unabated. Gerald Celente is a pioneer tr...Read More

Recipe Calls for a Broad Commodities Rally in 2018

January 17, 2018 / news.goldseek.com

By Frank HolmesAt the beginning of every year, we update what's typically one of our most popular pages, the Periodic Table of Commodity Returns. I encourage you to explore 10 years' worth of data on basic materials such as aluminum, zinc and everything in between. A word of warning, though the interactive feature makes the table highly addictive. Please feel free to share it with friends and fa...Read More

EUROPE HRC: Domestic prices to rise on low import competition

January 17, 2018 / www.metalbulletin.com

Domestic prices for hot-rolled coil (HRC) in the EU are expected to rise due to the lack of competitive import offers, sources told Metal Bulletin this week.The price rise is expected to be about ?,?10-20 per tonne and will be reflected in deals for coil from second-quarter rolling, according to market participants. EU mills were reported to be almost fully booked for first-quarter production of H...Read More

Rick Rule-Finally a Gold-Backed Crypto Currency!

January 17, 2018 / marketsanity.com

Rick Rule joined us today and had some huge news. The wizards of Sprott have been working overtime to bring us a gold-backed/convertible crypto currency. Imagine taking your token and exchanging it for gold! The physical gold will be stored by the Royal Mint of Canada. As Rick likes to say, "Imagine your gold being protected by NATO." There's going to be a tremendous add-on market for ancillary se...Read More

Here's What Historically Happens to Stocks When Bull Markets End

January 17, 2018 / news.goldseek.com

By Jeff ClarkYou undoubtedly know that 2017 was a record-setting year for the broad stock markets. And while gold was up last year despite numerous headwinds, most mainstream investors aren't paying much attention to gold since they keep seeing so much green in their stock portfolios. Even I was taken back by some of the data from the bull market in stocks...The Dow hit a record high 71 times l...Read More

More U.S. States Are Knocking Down Gold And Silver Barriers

January 17, 2018 / news.goldseek.com

By Mike GleasonListen to the Podcast Audio: Click Here Here's What Arizona, Texas, North Carolina, Virginia, Idaho, Etc. Are Doing...In 2017, Arizona, Louisiana, Virginia, Texas, and North Carolina, and even Minnesota made progress on the sound money front. In 2018, other states could do so as well.36 states have already removed sales taxes from precious metals transactions, and bills being pus...Read More

NORTH EUROPE REBAR: Prices move up on high costs, demand

January 17, 2018 / www.metalbulletin.com

Domestic prices for rebar in Northern Europe have narrowed upward by ?,?10 per tonne week-on-week amid rising production costs and strong demand, sources told Metal Bulletin on Wednesday January 17.Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe was ?,?550-570 ($674-698) per tonne delivered on Wednesday, up from ?,?540-570 per tonne on January...Read More

Danielle DiMartino Booth Economic and Market Consequences of Rising Interest Rates

January 17, 2018 / marketsanity.com

Danielle DiMartino Booth, founder of Money Strong, LLC and advisor to Richard Fisher, and talks about how rising interest rates could impact the economy.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...Read More

So That's What Volatility Looks Like

January 17, 2018 / news.goldseek.com

2017 was literally the smoothest stretch of highway that US stocks have ever traveled. Rising almost every day and seldom falling hard, they made it virtually impossible for investors to lose money. Here's the Dow Jones Industrial Average over the past two years. Note how unnaturally smooth the recent action was. As a result, measures of volatility (i.e., fear) like the Vix fell to all-time lows...Read More

Oil, Gold, Trump, China And The Political Landscape In America - Jim Rogers Interview

January 17, 2018 / marketsanity.com

TOPICS IN THIS INTERVIEW:00:35 Why are we seeing a mass selloff of treasuries?03:35 Is 2018 the breakout year for Gold?04:55 Advice on gold06:15 Yuan gaining strength against the Dollar07:35 Has oil bottomed out?09:50 Trump, tax cuts and the political situation in AmericaJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring"...Read More

Crypto Gold Will Expose Fraudulent COMEX, LBMA and GLD

January 17, 2018 / news.goldseek.com

By Rory Hall Honest commerce is a good platform from which to have good international relations, Foisting empty dollars on countries around the world whom you trade with, that are created out of thin air, is not conducive to peaceable international relations. Which is the world is in the mess it's in today. Rob Kirby ~The Daily CoinLet's get the year started properly with a visit from Rob Kirby...Read More

EUROPE BEAMS: Good demand, high costs help prices edge up again

January 17, 2018 / www.metalbulletin.com

Domestic European prices for steel beams increased again this week due to healthy demand from end-users and steep costs for producers, market sources told Metal Bulletin on Wednesday January 17.Metal Bulletin's price assessments for S235-grade, 200 x 200mm category-2 H-beams made in both Northern and Southern Europe moved up by ?,?5 per tonne to ?,?620-650 ($759-796) per tonne delivered on January...Read More

Jack Chan's Weekly Precious Metals Update

January 17, 2018 / news.goldseek.com

Source: Jack Chan for Streetwise Reports 01/15/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets, and says that a falling dollar is supportive for metal prices. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal.Long-term signals can last for months and years and are more suitable for investors holding for long term.Gol...Read More

GDXJ Update...Breaking Out

January 17, 2018 / news.goldseek.com

By RambusToday the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it's not happening. I'm going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop at 33.31 for now. A backtest to the neckline would come in around the 35.10 for a...Read More

The Next Long Term Investment Cycle...How to position oneself

January 17, 2018 / news.goldseek.com

By RambusMy past two weekend reports have armed the investor with ideas for the coming year 2018. This week's report summarizes those ideas, updates the current PM rally and adds more ideas to the list. It is important to understand the driving force which will fuel the coming bull market in precious metals so I lay it out. I will then focus on what I consider the best risk/reward Precious M...Read More

EUROPE WIRE ROD: Southern European prices rise on higher scrap costs

January 17, 2018 / www.metalbulletin.com

Domestic prices for steel wire rod rose by ?,?5-20 per tonne in Southern Europe this week because of higher ferrous scrap costs, sources told Metal Bulletin on Wednesday January 17.Meanwhile, Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Southern Europe narrowed upward to ?,?520-550 ($637-674) per tonne delivered on January 17, from ?,?515-530 per...Read More

Will The Coming Big Oil Price Drop Cause The Next Stock Market Crash?

January 17, 2018 / news.goldseek.com

By Steve St. AngeloThe oil market price is setting up for one heck of a fall. Now, could this large oil correction cause the next stock market crash? Time will tell. However, the indicators in the oil market are showing the largest net commercial short positions in history. The current net commercial short positions in the oil market are even higher by 174,000 contracts than the level wh...Read More

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