Copper vs. OilThe Q1 2018 meeting of the Incrementum Fund's Advisory Board took place on January 24, about one week before the recent market turmoil began. In a way it is funny that this group of contrarians who are well known for their skeptical stance on the risk asset bubble, didn't really discuss the stock market much on this occasion. Of course there was little to add to what was already talk...Read More

Domestic prices in Northern Europe for hot-dipped galvanized coil (HDG) have increased again this week, following the upward trend settled in the region's wider flat steel markets, sources told Metal Bulletin on Wednesday February 14.Metal Bulletin's weekly price assessment for domestic HDG in Northern Europe was ?,?680-700 ($839-863) per tonne ex-works this week, compared with ?,?670-690 per tonn...Read More

CloseGain/LossGold $1352.10+$22.80Silver$16.87+$0.30XAU85.50+5.49%HUI189.40+4.96%GDM641.91+4.24%JSE Gold1173.26+2.95USD88.95-0.74Euro124.58+1.07Yen93.49+0.71Oil$60.60+$1.4110-Year2.911%+0.082T-Bond143.50-1.0625Dow24893.49+1.03%Nasdaq7143.62+1.86%S&P2698.63+1.34% The Metals: Gold gained $7.60 to $1336.90 in Asia before it dropped back down to $1318.50 just after this morning's inflation dat...Read More

By Ira EpsteinGold rallies sharply off of inflation as shown in today's US CPI numbers.https://www.iraepstein.com/ Read More

*This speech was delivered at the Vancouver Resource Investment Conference on January 21-22, 2018Peter 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 o...Read More

Self-destruction usually happens in stages. At first there's a binge in which the thrill outweighs the sense of transgression. This is usually followed by remorse, acknowledgement of risks, and an attempt to reform. But straight-and-narrow is exhausting, and because of this is frequently just temporary, eventually giving way to a kind of capitulation in which the addict drops even the pretense o...Read More

Domestic prices for cold-rolled coil (CRC) are expected to grow this month following the upward trend in the hot-rolled coil (HRC) market, sources told Metal Bulletin on Wednesday February 14.Metal Bulletin's weekly price assessment for domestic CRC in Southern Europe was ?,?640-645 ($789-795) per tonne ex-works on February 14, compared with ?,?625-650 per tonne ex-works. The assessment reflected...Read More

By Jeff ClarkThere aren't many investment scenarios you can point to with any degree of certainty and say, "This asset is going to rise." Saying so is usually fraught with risk, even if in hindsight it turns out to have been an accurate call.But there are certainly times when you can see that the odds are heavily stacked in your favor. And we have one of those potential scenarios right now in go...Read More

European mills insist in higher domestic prices for hot-rolled coil (HRC) following the positive trend settled in the market, sources told Metal Bulletin.The upward trend settled in the EU coil market has been supported by a combination of decreased production of domestic material in Italy and the effects of trade defense measures.Sources of imported HRC have been limited since the European Commis...Read More

By Mike MaloneyWhat is the Internet Of Things and what promises does it hold? In this bonus feature from Hidden Secrets of Money Episode 8, Mance Harmon of Swirlds Inc explains what IoT is and where it is likely to go.What is the Internet of Things?Many of the appliances and devices that previously weren't computerized like light bulbs, baby monitors, and washing machines have become computerize...Read More

We live in very specific times. Getting a "like" on a post or picture becomes a necessary daily activity and means of self-validation. Not "liking" something that others posted or that is massively "liked" like may be frowned upon or even viewed as being disrespectful. Plus, it seems that no matter what you do, everyone gets offended very easily. When did honesty, independence and common-sense s...Read More

- Global debt 'area of weakness' and could 'induce financial panic' - King warns- Global debt to GDP now 40 per cent higher than it was a decade ago - BIS warn- Global non-financial corporate debt grew by 15% to 96% of GDP in the past six years- US mortgage rates hit highest level since May 2014- US student loans near $1.4 trillion, 40% expected to default in next 5 years- UK consumer debt hit ?...Read More

By Rory HallIf you have a problem then you have a solution, otherwise you're just fussing about the situation. Well, that may be true in most cases, but when we are discussing rigged markets and crony capitalism the solutions can sometimes be evasive. They do exist, it's just a question of getting to them and bringing them to life. After swimming in the problem, as most of us have been doing for...Read More

Prices for commodity-grade hollow sections increased by $5-10 per tonne in Southern Europe this week, with Italian tube producers continuing to ask customers to pay higher prices.Metal Bulletin's price assessment for Southern Europe-origin hollow sections was ?,?625-655 ($771-808) per tonne on Wednesday, compared with ?,?620-645 per tonne delivered last week.Domestic Northern European hollow secti...Read More

There aren’t many investment scenarios you can point to with any degree of certainty and say, “This asset is going to rise.” Saying so is usually fraught with risk, even if in hindsight it turns out to have been an accurate call.But there are certainly times when you can see that the odds are heavily stacked in your favor. And we have one of those potential scenarios right now in...Read More

The amount of gold mined in a year is only about 1.5% of the total existing stock of gold, which is why changes in gold production have almost no effect on the gold price. It is also why changes in the cost of mining gold do not affect the gold price. In fact, cause and effect works the other way around the change in the market price of gold determines, with a lag, the average cost of mining g...Read More

"I would also point out the administration is really heteronormative about [Valentine's Day] which is kinda f***** up." Continue...Read More

Domestic prices for steel wire rod in Northern Europe widened downward by ?,?5 per tonne this week, amid scrap costs that are weakening and despite strong demand, sources told Metal Bulletin on Wednesday February 7.Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Northern Europe widened downward week-on-week to ?,?545-560 ($672-691) per tonne delivered on Wednesday. T...Read More

By Gary SavageThis video examines the current daily cycles in the dollar and euro and suggests caution is warranted for the gold market.https://blog.smartmoneytrackerpremium.com/ Read More

We live in very specific times. Gettinga “like” on a post or picture becomes a necessary daily activity and means ofself-validation. Not “liking” something that others posted or that is massively“liked” like may be frowned upon or even viewed as being disrespectful. Plus,it seems that no matter what you do, everyone gets offended very easily. Whendid honesty, in...Read More