Over the weekend, the Cleveland Fed released its media Consumer Price Index (CPI) data for December 2017.The result? The Median CPI rose 0.3% in December, an annualized rate of 3.5%.Put simply, core inflation is rising rapidly... and the Fed is WAY behind the curve.Small wonder the US Dollar is collapsing, breaking through critical resistance.The BIG PICTURE chart is even uglier, suggesting the $U...Read More

We have been discussing the consumption of capital. Last week, for example, we concluded with:"We see people eating more of the seed corn."Morally, socialism is the enslavement of man to man. If you create something, they want not just to take it from you, but to render you unable to create anything else. They declare that the ideal is "from each according to his ability." This is about the most p...Read More

The rebound in the precious metals sectorcontinues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocksled by the HUI Gold Bugs Index and GDX also made a new high with juniors andSilver right behind. The greatest traders say the move comes first and then thereason later. When it comes to Gold we are always analyzing the reason behindthe moves so we can distinguish between reactions...Read More

By Dave KranzlerEvery month consumer debt in aggregate hits a new record. Auto loans and student loans have been hitting monthly record highs for quite some time. In November credit card debt hit a record high in total and increased a record monthly amount for any one month. Mathematically this can't go on forever. In fact, there are signs - indicators not reported widely by the financial media...Read More

Over the weekend, the Cleveland Fed released its media Consumer Price Index (CPI) data for December 2017.The result? The Median CPI rose 0.3% in December, an annualized rate of 3.5%.Put simply, core inflation is rising rapidly... and the Fed is WAY behind the curve.Small wonder the US Dollar is collapsing, breaking through critical resistance.The BIG PICTURE chart is even uglier, suggesting the $U...Read More

If officials at the Securities and Exchange Commission (SEC) are bothered by allegations of incompetence and capture by Wall Street's bankers, it is hard to tell. The Commission recently hired Brett Redfearn to serve as Director of the Division of Trading and Markets. Redfearn left a 13-year stint at JP Morgan to assume a key role in regulating banks, investors and traders.The SEC, and other regul...Read More

VANCOUVER, BRITISH COLUMBIA / January 16, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company has engaged Highbury Energy Inc. ("Highbury") to assist in preparing a detailed process to extract metals such as nickel, vanadium, and cobalt from petroleum coke ("petcoke").BackgroundPetcoke is a carbon material by-product of the oil...Read More

Prices for short-sea scrap imports arriving in Spain have fallen by ?,?10 ($12) per tonne over the past week, which could lead to a dip in Turkish deep-sea import scrap prices, market sources told Metal Bulletin on Tuesday January 16. Weaker demand from Spanish mills has led to a fall in short-sea import prices for United Kingdom-origin HMS 1&2 (80:20), which was ?,?280-283 per tonne cfr northern...Read More

Graceland Updates By Stewart Thomson 1. Gold and related investments are off to a very positive start in 2018. I don't expect any major pause in the action until China's Golden Week holiday celebrations get underway.2. Chinese gold dealers will be on holiday this year from about February 15 to February 21. This creates a significant vacuum in gold demand. As dealers and Chinese...Read More

The 91.57 downside target we were using for the dollar looked promising as a place for a powerful bounce to occur. Instead, sellers crushed it on Friday, putting in play a significantly lower target at 88.29 that I would rate as almost certain to be reached. If so, it would add 2.9% to the Dollar Index's so far 12.4% decline from the 103.82 high recorded a year ago.It would also undoubtedly quicke...Read More

Full Article: Look Past U.S. Dollar's Plunge, 2018 Could Be Its 'Last Hurrah' - Capital EconomicsBy: Anna Golubova(Kitco News) - The current U.S. dollar's plunge is temporary, says Capital Economics, noting that a recovery is on its way, but warning that the currency might face renewed pressure in 2019.The Fed's plan to tighten its monetary policy this year will be the main underlying factor sup...Read More

China and Russia have employed an "aggressive" buildup of their gold reserves over the last decadeContinue...Read More

By Graham SummersOver the weekend, the Cleveland Fed released its media Consumer Price Index (CPI) data for December 2017.The result? The Median CPI rose 0.3% in December, an annualized rate of 3.5%.Put simply, core inflation is rising rapidly... and the Fed is WAY behind the curve.Small wonder the US Dollar is collapsing, breaking through critical resistance.The BIG PICTURE chart is even uglier...Read More

Chinese demand for physical gold investment surged in the first three-quarters of 2017 while Americans ditched the shiny yellow metal for increased bets in the crypto mania and stock market bubble market. Even though China's Hang Seng Stock Market outperformed the Dow Jones Index last year, Chinese citizens purchased the most gold bar and coin products Q1-Q3 2017 since the same period in 2013, w...Read More

Prices for locally produced rebar in the UAE have increased this week while billet import prices in the country narrowed with a new deal, sources have told Metal Bulletin.Demand for imported rebar, meanwhile, was very weak in both countries because local prices were more competitive. Domestic rebar Major local rebar producers in the UAE announced new prices on Tuesday, January 16. The country's bi...Read More

By Gary SavageThis video examines the concept of controlling greed at tops and limiting anxiety at bottoms using multi-month charts of GDX and Gold.https://blog.smartmoneytrackerpremium.com/ Read More

China's rebar market regained some stability on Tuesday January 16 amid sparse trading. Domestic Eastern China (Shanghai): 3,710-3,760 yuan ($576-584) per tonne, widened downward by 10 yuan per tonne Northern China (Beijing): 3,750-3,780 yuan per tonne, unchanged Traders attempted to prop up prices in the morning on seeing the gains in the billet and futures markets earlier in the day.But buyers r...Read More

By Frank HolmesStrengths? The best performing metal this week was palladium, up 3.02 percent. After polling neutral last week, gold traders and analysts are back to a bullish view of gold, according to the Bloomberg survey. This week gold ETFs added 91,867 troy ounces of gold to their holdings, the largest one-day increase since early December.? Inflation increase...Read More

By Clint SiegnerIf officials at the Securities and Exchange Commission (SEC) are bothered by allegations of incompetence and capture by Wall Street's bankers, it is hard to tell. The Commission recently hired Brett Redfearn to serve as Director of the Division of Trading and Markets. Redfearn left a 13 year stint at JP Morgan to assume a key role in regulating banks, investors and traders.The SE...Read More

Some commentators have made a big deal over the Yuan-denominated oil futures contract that will soon begin trading in Shanghai, but in terms of effect on the global currency market this appears to be a very small deal.With or without a Yuan-denominated oil futures market there is nothing preventing the suppliers of oil to China from accepting payment in Yuan. In fact, some of the oil imported by...Read More