"This is a very dangerous time both domestically and globally." Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor's Business Dail...Read More

Gold will do well this year but is not on a verge of a breakout, says Rick Rule, CEO of Sprott U.S. Holdings."Confidence in too many things is too high," Rule told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "gold does well when people are afraid of other stuff."Rule is more upbeat on gold miners, despite miners having lagged physical gold last year."Gold miners ar...Read More

More people own bitcoin at a loss than at a profit, this according to Peter Schiff, CEO of Euro Pacific Capital. Speaking on the sidelines of theVancouver Resource Investment Conference he said,"the number of people who bought into the market at $12,000 [a coin], $13,000, $14,000, is enormous...people had no idea what they were doing." Schiff added that if bitcoin doesn't rebound from current leve...Read More

TOKYO, Jan 27 (Reuters) - Bank of Japan Governor Haruhiko Kuroda's comments at a World Economic Forum panel were intended to repeat the BOJ's official view that it expects to meet its 2 percent inflation target around fiscal 2019, a central bank spokesman said on Saturday."So there are many factors which made achieving the 2 percent inflation target or price stability target so difficult and...Read More

What are 10-year Treasury bills, and are they a good option for investors? We run through their advantages and disadvantages in this article.Read full newsRead More

CloseGain/LossOn WeekGold $1349.60+$1.60+1.31%Silver$17.41+$0.11+2.29%XAU90.31+0.44%+2.66%HUI203.36+0.56%+3.27%GDM682.82+0.45%+3.11%JSE Gold1313.09-13.92+1.19%USD89.10-0.18-1.73%Euro124.24+0.07+1.68%Yen91.97+0.32+1.71%Oil$66.41+$0.63+4.80%10-Year2.659%+0.041-0.08%Bond148.84375-0.5625+0.17%Dow26616.71+0.85%+2.09%Nasdaq7505.77+1.28%+2.31%S&P2872.87+1.18%+2.23% The Metals: Gold gained $9 to $...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort305,81291,12864,523161,458396,010531,793551,661Change from Prior Reporting Period 3,949976-8,6473,2565,301-1,442-2,370Traders18096874657269202 Small Speculators LongShortOpen Interest 50,62830,760582,421 1,5302,45888 non reportable positionsChange from the previous reporting peri...Read More

- Davos elite hear warnings of complacency akin to 2007 as economic risks grow- Toxic mix of infallible belief, arrogance, megalomania and economic ignorance- Some express concern economies are vulnerable due to imbalances, trade, geo-political tensions- Soros: Trump creating 'mafia state' & 'set on a course towards nuclear war' with N Korea- Bond bear market, rising interest rates and massi...Read More

CloseGain/LossOn WeekGold $1349.60+$1.60+1.31%Silver$17.41+$0.11+2.29%XAU90.31+0.44%+2.66%HUI203.36+0.56%+3.27%GDM682.82+0.45%+3.11%JSE Gold1313.09-13.92+1.19%USD89.10-0.18-1.73%Euro124.24+0.07+1.68%Yen91.97+0.32+1.71%Oil$66.41+$0.63+4.80%10-Year2.659%+0.041-0.08%Bond148.84375-0.5625+0.17%Dow26616.71+0.85%+2.09%Nasdaq7505.77+1.28%+2.31%S&P2872.87+1.18%+2.23% The Metals: Gold gained $9 to $...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort305,81291,12864,523161,458396,010531,793551,661Change from Prior Reporting Period 3,949976-8,6473,2565,301-1,442-2,370Traders18096874657269202 Small Speculators LongShortOpen Interest 50,62830,760582,421 1,5302,45888 non reportable positionsChange from the previous reporting peri...Read More

- Davos elite hear warnings of complacency akin to 2007 as economic risks grow- Toxic mix of infallible belief, arrogance, megalomania and economic ignorance- Some express concern economies are vulnerable due to imbalances, trade, geo-political tensions- Soros: Trump creating 'mafia state' & 'set on a course towards nuclear war' with N Korea- Bond bear market, rising interest rates and massi...Read More

(Adds background, details)WASHINGTON, Jan 26 (Reuters) - In a surprise move, the U.S. Environmental Protection Agency reversed itself on Friday and halted the approval process for the proposed Pebble Mine copper and gold mine project in southwest Alaska's Bristol Bay region."It is my judgment at this time that any mining projects in the region likely pose a risk to the abundant natural resou...Read More

Gold and silver both made gains this week, while copper continued downward. Oil maintained its climb toward $70 per barrel.Read full newsRead More

Jan 27 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 29-JanItaly Bills auction30-JanJapan Auction of 2-year government bonds30-JanItaly Medium- to Long-Term auction30-JanBelgium Auction of Treasury bills31-JanSwedenAuction of Treasury bills31-JanGermany Auction of 5-year Federal notes31-J...Read More

By Huw JonesLONDON, Jan 27 (Reuters) - Britain could make it a requirement for regulators to help London remain a top global financial centre after Brexit, lawmakers said on Saturday in a report pitting parliament against the Bank of England.The United Kingdom's departure from the European Union in March next year has raised concerns among policymakers about the country's ability to remain a leadi...Read More

Jan 27 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- TUESDAY, JANUARY 30 ** SAO PAULO - Speakers at the Cr...Read More

Jan 27 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 29 ** BRUSSELS - Speech by executive board member and chief economist of the Eu...Read More

David Erfle of JuniorMinerJunky shares his stock picks, advice for investors and predictions for the gold price in this video interview.Read full newsRead More

Production at the Queensland-based operation was halted in 2015 because of falling zinc prices. Since then, prices for the metal have more than doubled.Read full newsRead More

Prices of cobalt metal have climbed to their highest since July 2008 as worries about shortages were reinforced by output disruptions at the Ambatovy mine in Madagascar this month, European traders said.Read full newsRead More