Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Turkish domestic scrap prices increased in line with rising imported scrap values on Monday January 8.The majority of Turkish steel producers raised their auto bundle (DKP grade) scrap purchasing prices over the past week.Alloy long steel mill Asil ??elik raised its buy price to TRY1,370 ($366) per tonne delivered, while long and flat steel producer ??olakoglu increased its price to TRY1,340...Read More
Iron ore prices jumped to almost $78 per tonne cfr China on Monday January 8 as the futures market gained strength.Metal Bulletin's 62% Fe Iron Ore Index Today: $77.74 per tonne cfr QingdaoDaily change: up by $0.94 per tonneMonth-to-date average: $76.15 per tonneMetal Bulletin's 58% Fe Premium Index Today: $62.58 per tonne cfr QingdaoDaily...Read More
Import prices for steel billet in Southeast Asia nudged up slightly as trading activity picked up after the end-of-year lull in trading activity.Metal Bulletin's weekly assessment for billet imports in Southeast Asia was $535-545 per tonne cfr on Monday January 8, up $5 per tonne from $530-540.China-origin billet was being offered at $520-530 fob China to Asian import markets, with buyer...Read More
The other shoe to drop? The next big move? Up or down?Gold’s reign as the “next big thing” ended seven years ago. Too many people don’t want to admit that, but its true. Those who are ‘bullish’ on gold cannot let go.Their behavior is typical of those who have missed the boat. And they don’t want to admit it, or believe it. And their problem is compounded b...Read More
China's ferrous futures prices turned around to surge late in the afternoon on Monday, January 8 after the country's officials declared stricter steel capacity replacement criteria to be implemented from this year.The production facilities that will be allowed to have capacity replaced will only include those recorded in capacity replacement plans approved by local or central governments...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15%...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15%...Read More
Gold is up nine of the last 12 Januaries with an average gain of over 4%, and the trend has continued in 2018 with gold reaching an intraday high of $1,327 so far this year. From December 19 of last year, gold rose 10 trading days in a row. Is this another rally destined to disappoint investors or the resumption of the gold bull market?To make a reliable bullish case, gold must first break decisiv...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15%...Read More
The price of gold and gold mining stocks were very competitive in 2017. The yellow metal ended the year up a little more than 13 percent-its best year since 2010-while gold stocks, as measured by the NYSE Arca Gold Miners Index, gained more than 11 percent. All of this occurred even as large-cap stocks regularly closed at all-time highs and cryptocurrencies invited massive speculation.We can thank...Read More
CloseGain/LossGold $1320.00-$0.50Silver$17.12-$0.08XAU86.29-1.26%HUI194.89-1.64%GDM656.05-0.87%JSE Gold1319.12-3.59USD92.34+0.37Euro119.67-0.75Yen88.47+0.04Oil$61.73+$0.2910-Year2.479%+0.002T-Bond151.8125UNCHDow25283.00-0.05%Nasdaq7157.39+0.29%S&P2747.71+0.17% The Metals: Gold fell $5.70 to $1314.80 in Asia before it bounced back to $1321.00 in London and then drifted back lower in morning...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe.To view the latest price quotations, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday January...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15%...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stock was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15% o...Read More
This video discussion between Charles Hugh Smith and Gordon T Long is Part I of a three part series. The first part examines why 2018 is going to be the "Time For A Change". Thought there are many reasons the video focuses on four primary pillars with the aid of 26 supporting slides. http://gordontlong.com/ Read More
Full Article: Best of the Year: Top 5 Frank Talk Posts of 2017By: Frank HolmesAs we begin a New Year, I want to share with you the five most popular Frank Talk posts of 2017. One common theme you'll see in these posts is they all center on the topic of gold. Although we specialize in educating investors about gold and managing gold funds, it's worth noting that our gold posts garnered more intere...Read More
The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15%...Read More
Strengths ?The best performing metal this week was platinum, up 4.3 percent as speculators cut their net bearish platinum positions. After being bullish for the previous three weeks, gold traders and analysts are neutral this week, according to a Bloomberg survey. However, the number of new investors for BullionVault hit the highest level since November 2016, according to the online gold vaulting...Read More
China's ferro-chrome market weakened over the past week amid a lull in activity after domestic mills wrapped up their latest round of purchasing negotiations, while ore prices were supported by tight supply and firm demand from smelters. Domestic Chinese ferro-chrome prices slide as purchasing wave ends South African and Turkish ore markets gain on tight supply European high carbon ferro-chrome pr...Read More