China's domestic rebar market maintained its upward momentum on Tuesday February 6 amid an improved outlook for prices after the Chinese New Year holiday.Domestic Eastern China (Shanghai): 3,880-3,940 yuan ($616-626) per tonne, up 20 yuan per tonne Northern China (Beijing): 3,940-3,980 yuan per tonne, up 20 yuan per tonne Trading houses have raised their offers slightly on expectations of healthy...Read More

The markets just changed.Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn't even a large amount of debt deflation.Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It's that small dip in the dotted line be...Read More

There are two trends that go counter to the go-go forecasts from recent tax cuts in the U.S. - which are obviously positive, at least for the near term.Continue...Read More

By Dave KranzlerYesterday was amusing. The meat with mouths on the so-called financial networks were crying, "how could this have happened." Funny thing, that. They don't raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two months - 23,940 on November 29th to 26,616 on January 26th. But when the market takes back that move in 6 trading days it's a...Read More

In the next downturn (which may have started last week, yee-haw), the world's central banks will face a bit of poetic justice: To keep their previous policy mistakes from blowing up the world in 2008, they cut interest rates to historically - some would say unnaturally - low levels, which doesn't leave the usual amount of room for further cuts.Now they're faced with an even bigger threat but are a...Read More

Tight supply resulted in import prices strengthening for steel billet in Southeast Asia and slab in the wider region encompassing East Asia over the past week.Metal Bulletin's assessment of import prices for billet in Southeast Asia was $535-550 per tonne cfr for the week ended Monday February 5, widening upward by $5 per tonne from a week earlier. Deals involving Middle Eastern and Japanese cargo...Read More

Kelsey Williams is a retired financial professional living in Southern Utah. His website, Kelsey's Gold Facts, contains self-authored articles written for the purpose of educating others about Gold within an historical context.Continue...Read More

- Gold gains 0.6% in USD and surges 1.7% in euros and pounds- European stocks fall more than 3% at the open after sharp falls in Asia- DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%- Gold rises from $1,330 to $1,342, ?942 to ?960 and ?,?1,067 to ?,?1,085 /oz- Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000- Increased risk aversion will drive safe hav...Read More

Graceland Updates By Stewart Thomson 1. The appointment of Jerome Powell as new Fed chair is likely the catalyst that ushers in a multi-decade era of rising inflation and soaring gold stocks.2. I've announced a long term target for GDX of $15,000. That really isn't very high... given the strong inflation numbers that I am projecting for America in the years ahead.3. Having s...Read More

After slab prices increased in most regions in January, market participants anticipate limited room for further rises - but material availability is expected to remain tight. Supply was limited in Brazil, the Commonwealth of Independent States and Southeast Asia, while demand has been lively in Turkey and Europe, according to market participants. BrazilIn Brazil, market participants disputed wheth...Read More

By Graham Summers The markets just changed. Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn't even a large amount of debt deflation. Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It's that small...Read More

On Janet Yellen's last day as Fed boss the markets suffered their worst percentage loss in 20-months. Yesterday, on Jerome Powell's first day as Fed Chairman, the VIX spiked by its largest amount on record and the Dow suffered its largest single day point drop ever (and 100th worst percentage drop in history). Intent on showering us with some logic as prices rain lower, the media tells us th...Read More

Chinese and European ferro-vanadium prices softened last week amid lackluster spot market demand, while the US market held firm under similar conditions. Chinese market slows as Chinese New Year holidays approachEuropean market slightly softer on sluggish spot demandUS market holds course despite thin trading activity Inquiries were thin for fob China vanadium products over the past week, but dome...Read More

- Gold gains 0.6% in USD and surges 1.7% in euros and pounds- European stocks fall more than 3% at the open after sharp falls in Asia- DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%- Gold rises from $1,330 to $1,342, ?942 to ?960 and EUR1,067 to EUR1,085 /oz- Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000- Increased risk aversion will drive safe hav...Read More

In the next downturn (which may have started last week, yee-haw), the world's central banks will face a bit of poetic justice: To keep their previous policy mistakes from blowing up the world in 2008, they cut interest rates to historically - some would say unnaturally low levels, which doesn't leave the usual amount of room for further cuts.Now they're faced with an even bigger threat but are...Read More

Peter KrauthSilver prices today are mostly flat, down just 0.03% in morning trading, to $16.83 per ounce, as the broader stock market rout continues.On Monday, a serious purge took the S&P 500 down 4.1% and the Dow down a gut-wrenching 4.6% in a single day. Bitcoin lost 12% to reach $7,200, and oil also lost 2.7%.It was the largest point drop in a single day for the Dow… ever.But as Mond...Read More

Gold rose due to safe haven demand on the global stock market plunge. Gold gained despite a strong US dollar. If gold rises today, then there will be short covering. A lot of short term traders are short. One needs to remain on the sidelines in gold and silver. In case of extreme margin money pressure in stock markets, some of the long positions in precious metals and industrial metals could get...Read More

Car production in Brazil increased by 24.6% year on year in January, driven by higher sales to both local and export markets.Output came to 216,800 units, against 174,100 vehicles a year before, according to figures released by national automobile association Anfavea on Tuesday February 6. This is the highest output level for the...Read More

February 6th, 2018,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce that it has commenced stacking ore on the newly completed leach pad at the Moss mine. Approximately 7,800 tons of ore have been stacked to date, and production is ramping up towards an initial stacking rate of 2,500 tpd. All of the cru...Read More

Vehicle production in Argentina decreased 18.3% on an annual basis in January, according to figures released by the country's auto association, Asociacion de Fabricas de Automotores (Adefa), on Monday February 5.Automotive production amounted to 21,858 units last month, compared with 26,762 units a year earlier. Production was affected by a lower number of working days in January 2018, compared wi...Read More