"I don't believe in overuse [of technology]. I'm not a person that says we've achieved success if you're using it all the time. I don't subscribe to that at all."Continue...Read More
Hello EveryoneIt is much fun having the opportunity again to make a presentation here in Vancouver on behalf of The Gold Anti- Trust Action Committee ... in order to expose the manipulation of the gold/silver markets by The Gold Cartel.My first trip here was 19 years ago for an arranged meeting at the airport with Normandy Mining Chairman Robert Champion DeCrespigny on his way back to Australia....Read More
VANCOUVER, British Columbia, Jan. 22, 2018 (GLOBE NEWSWIRE) - MGX Minerals Inc. ("MGX" or the "Company") (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that joint venture partner Power Metals Corp. ("Power Metals") has completed initial drilling and intersected lithium mineralization on the Northeast Dyke at the Case Lake Property in Ontario (see figure 1). The Winter 2018 drill progra...Read More
In the forests of Colombia, a record-breaking discovery was made.A 1759-caratemerald was uncovered from the Coscuez mine. It is now part of the collectionof the Banco Nazionale of Columbia. The massive jewel could be worth as much as$17 million, based on current per-carat estimates. And the mine where it was found has only been partially excavated. Whichmeans there could be hundreds, maybe thousan...Read More
By Stefan Gleason The gold market has been mired in a four-and-a-half year basing pattern. The rally that began late last year has taken prices up toward a major resistance zone. It's make or break time!Also, on the cusp of a potentially big move is the bond market. Bonds haven't been making headlines like the stock market, but where the bond market heads next could be crucial for stocks as we...Read More
Pension Crisis And Deficit of ?2.6B At Carillion To Impact UK Pensions- Carillion collapses leaving a ?900 million debt pile and 30,000 pensions at risk- Carillion PLC share price has collapsed 94% in last twelve months- Private analysis of Carillion's pension deficit reveals it to be as high as ?2.6 billion- Figure adds to the UK's ongoing pension crisis, both private and state are severely...Read More
China's domestic rebar prices charted a strong rebound on Monday January 22 on big gains in the billet market over the weekend. Domestic Eastern China (Shanghai): 3,900-3,950 yuan ($609-617) per tonne, up 100 yuan per tonne Northern China (Beijing): 4,000-4,030 yuan per tonne, up 180 yuan per tonne The price of billet rose 50 yuan per tonne during the weekend on active trading, which sparked bulli...Read More
Full Article: Recipe calls for a broad commodities rally in 2018By: 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...Read More
By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (GDX), which I analyze as a proxy for the metals market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I think we can see it in occur in early 2018.Since I have been on vacation for the la...Read More
We have been discussing the consumption of capital. We again must say:"We see people eating more of the seed corn."Right now as we write this on Saturday afternoon, the US government has "shut down", due to a political impasse on the legislation to fund its continuing operations. Government funding is a mix of taxing and borrowing. Government borrowing provides a segue into another mechanism of ca...Read More
The latest ferro-tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China. Blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals are taken into consideration.To view the latest price quotations, follow the links below:China- APT, fob China- Ferro-tungsten, fob ChinaEurope- APT, cif Rotterdam- Ferro-tungsten, in-warehouse RotterdamF...Read More
By Frank HolmesStrengths? The best performing metal this week was platinum, up 1.92 percent as traders boosted their net long position. Gold traders remain bullish on the yellow metal for a second week as gold reached the highest since September on Monday, reports Bloomberg. The U.S. dollar posted five straight weekly losses, even as U.S. Treasury yields rose. Earlier in the we...Read More
"This year, right after the Fed rate increase we've had an upward slope. If we extrapolate out what happened in the past two years, I think we can hit a $1,425, assuming the $1,365 level gets taken out." Read More
Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - A short-intermediate term top is re-forming at a higher levelAnalysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer m...Read More
By David HaggithMy 2018 economic predictions follow through on the accurate predictions I made in 2017. In my last article, I stated that I had bet my blog the stock market would crash by January 2018. In fact, however, I've gone back and rechecked those predictions and my bet, and I found that I wisely hedged my bet in terms of timing due to the Trump factor. I realized back then that, for the...Read More
By Dave KranzlerGold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold has been accompanied by a rapid rise in the gold futures open interest on the Comex. Furthermore, based on the last COT report the banks have dramatically increased their net short position and the hedge funds have gotten, once again, extremely net long. I don't like the looks o...Read More
By Daniel R. Amerman, CFAA critical component of financial planning for retirement is that many healthcare expenses are a shared expense for those 65 and older, as a matter of current law and design. A 65 year old pays the same Medicare Part B premiums as a 95 year old, and someone in perfect health pays the same premiums as someone with multiple serious health issues.By law, 25% of total Medica...Read More
By Graham SummersThe financial media is finally catching on to something we've been screaming about for years...That the Fed's preferred metric for measuring inflation is a complete joke.Making matters more difficult, the Fed's preferred inflation gauge does a pitiful job of capturing the quandary facing many households that live paycheck to paycheck. The so-called core PCE is the central bank's...Read More
Import prices for steel billet and slab in Southeast Asia held steady over the past week, with end-users of the former and non-Chinese mills being slow to react to lower offers from China, while the rainy season dampened demand for the latter.Metal Bulletin's assessment of import prices for billet in Southeast Asia was $530-545 per tonne cfr for the week ended Monday January 22, unchanged from a w...Read More