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
Steel mills in India are likely to increase their domestic prices for hot-rolled coil (HRC) for February sales by at least 1,000 rupees ($16) per tonne, Metal Bulletin has heard.Officials from two top HRC-producing mills in the country have confirmed that there was adequate scope to increase prices by at least 1,000 rupees per tonne in February.Domestic HRC prices in India were assessed on Friday...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
"It's all paper money, it's going to dry up and blow away, and it will, and when it does, there's going to be a lot of unhappy campers." Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about s...Read More
Most flat steel prices in Turkey's domestic market increased slightly this week, while import prices were mostly stable, market participants told Metal Bulletin on Friday January 26.Local producers have closed their order books for March production, but demand was not strong this week because buyers expected prices to fall. Besides, retail prices fell this week, sources said.Domestic pricesHot-rol...Read More
Last week, Harry Dent took to Facebook in an exclusive broadcast, sharing information the mainstream financial media has been ignoring. Watch now - Our Power to Predict: The Future of the Markets and Your Wealth. Get your copy of Sale of a Lifetime here: http://harrydent.com/Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior...Read More
By Dave KranzlerThe impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash. - Peter SchiffThe average middle class household is getting squeezed by an income that is not keeping up with the cost of living. Unfortunately, a major portion of the cost of living has become debt service. Mos...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices ended the week on a downtrend, following China's declining steel and futures markets.https://www.metalbulletin.com/Article/3783218/Steel-All/IRON-ORE-PRICES-Benchmark-index-slides-to-74-per-tonne-cfr.htmlCleveland-Cliffs has a plan to cease iron ore mining operations in Australia as earl...Read More
The following Jackass forecasts listed within the article for this new year are fully consistent with the Hat Trick Letter analysis over the last few years. All are on the verge of occurrence. If even one quarter of these calls comes into reality, the world will become a better place. In the current year upon us, the following events will begin to take form in some path with recognized progress....Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Domestic prices for rebar in Poland have been largely unchanged over the past week as buyers are waiting for new offers from the mills, sources told Metal Bulletin on Friday January 26.Metal Bulletin's weekly price assessment for domestic 12mm B500B-grade rebar in Poland was 2,310-2,350 zloty ($692-704) per tonne ex-works on January 26, compared with 2,220-2,350 zloty per tonne ex-works a week ear...Read More
What we are about to witness in the markets will be similar to watching a gigantic controlled demolition, like say the World Trade Center controlled demolition in NYC. The initial charge that starts the whole sequence of momentous events is the dollar breakdown of recent days. This was triggered by the imposition of destructive trade tariffs by the Trump Administration who then made it plain the...Read More
In the 21st installment of CryptoGoldCentral.com's "One-on-One" interview series - which proudly, is part of the World Crypto Network - Andy is pleased to host one of the alternative media's most well-known political, financial, and social truth warriors, Mike Krieger. Follow him at @LibertyBlitz; read his free blog, libertyblitzkrieg.com; and donate to its cause, via the Bitcoin address 1ArSt9rxB...Read More
By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationCrude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking...Read More
Eric Sprott discusses the rapidly falling US dollar and its impact on commodity prices. He also gives an update on the gold finds in the Pilbara region of Australia.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 20...Read More
Metal Bulletin is proposing to update the specifications for its India domestic billet and rebar assessments to provide a clearer distinction between the primary and secondary markets in India. The specifications for domestic billet will be updated to better reflect price assessments for secondary-grade IS 2831 billet, 125x125mm thick. The specifications for domestic rebar will be updated to bette...Read More
In yesterday's alert, we wrote that the situation could change quickly and that in such a case, we would send another alert. Six minutes after yesterday's opening bell, we already posted the second alert. And for a very good reason. The USD Index took a deep dive and metals were not even close to reacting in a normal way. They were actually a bit lower. We know an extremely bearish signal when w...Read More
WikiLeaks founder Julian Assange will know next month if he has succeeded in having a warrant for his arrest dropped.Continue...Read More