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gold forum

  1. Scorpio

    Zero rates wrecked your savings? Relax on a $17,000 footstool

    Zero rates wrecked your savings? Relax on a $17,000 footstool FRANKFURT | By John O'Donnell A one-legged coffee table is seen in Stockholm, Sweden, in this undated handout picture provided by Bukowskis company to Reuters February 19, 2016. Reuters/Bukowskis/Handout via Reuters It doesn't...
  2. Scorpio

    Gold ticks higher, physical demand muted

    Gold ticks higher, physical demand muted Feb 19, 2016 - 8:18 PM GMT by Dalton Barker The gold price increased modestly for the third consecutive day as a safe-haven rally is being thwarted by weak physical demand. Gold for April delivery on the Comex division of the New York Mercantile...
  3. Scorpio

    New technology, automation to help miners survive commodity prices rout

    New technology, automation to help miners survive commodity prices rout Cecilia Jamasmie | 2 days ago | 2594 | 0 Autonomous Haulage System trucks at the West Angelas mine, Western Australia. (Image courtesy of Rio Tinto) When the worst collapse of commodity prices in nearly two decades...
  4. Scorpio

    Junk status beckons for these 14 miners

    Junk status beckons for these 14 miners Includes some marquee names Frik Els | a day ago | 2627 | 2 Anglo American Los Bronces Ratings agency's have got it in for the mining sector where all companies are struggling with low commodity prices and many have to cope with high debt loads. Within...
  5. Scorpio

    Interesting metal website

    At this one, you can get metal news, metal for sale or purchases worldwide, and even shipping rates. For instance, a 40' cargo moved by air, went off at $5000 from china to NYC http://www.metalfirst.com/Freight_Price_Detail.aspx?sid=de1a7a8a-876c-402d-99a3-bb9db8893567#
  6. Scorpio

    Shaky Equity Markets To Support Gold Next Week Say Analysts

    Shaky Equity Markets To Support Gold Next Week Say Analysts Friday February 19, 2016 15:35 (Kitco News) - Despite gold’s impressive four-week rally coming to end this week, analysts still see volatile equity markets supporting the metal’s prices. Friday, April Comex gold futures settled the...
  7. Scorpio

    Gold Holds Steady as Oil Sinks and Equities Struggle

    Gold Holds Steady as Oil Sinks and Equities Struggle Friday February 19, 2016 18:25 Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status...
  8. Scorpio

    High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse

    Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse February 15th, 2016 Did you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone? With interest rates at record lows all over the world in...
  9. Scorpio

    When Will Gold and Gold Stocks Correct?

    When Will Gold and Gold Stocks Correct? 02/19/2016 | Jordan Roy-Byrne, CMT | Featured Wednesday evening we raised a question in a subscriber update. We wrote: The current question for Gold and gold stocks is if they will push to higher targets before or a correction or if a correction has...
  10. Scorpio

    As War on Cash Escalates, Cash Lovers Fight Back

    As War on Cash Escalates, Cash Lovers Fight Back by Don Quijones • February 18, 2016 “It would be fatal if citizens got the impression that cash is gradually taken away from them”: Bundesbank President Weidman. By Don Quijones, Spain & Mexico, editor at WOLF STREET. Over the last couple...
  11. Scorpio

    A Walk down Memory Lane

    A Walk down Memory Lane Keith Barron 2 days ago History, Market Commentary Leave a comment 3,626 Views As the late great baseball catcher Lawrence Peter “Yogi” Berra (1925-2015) observed: It’s like déjà vu all over again. History doesn’t repeat itself but it often rhymes Mark Twain...
  12. Scorpio

    January 2016 hottest since records began: US agency

    January 2016 hottest since records began: US agency AFP Wed, Feb 17 3:43 PM PST Washington (AFP) - Last month was the hottest January in modern times, US data showed Wednesday, the latest in a string of heat records fuelling concerns over the pace of climate change. The average temperature...
  13. Scorpio

    “I Guess It’s Food Stamps”

    “I Guess It’s Food Stamps”: 400,000 Americans In Jeopardy As Giant Pension Fund Plans 50% Benefit Cuts Dale Dorsey isn’t happy. After working 33 years, he’s facing a 55% cut to his pension benefits, a blow which he says will “cripple” his family and imperil the livelihood of his two children...
  14. Scorpio

    You Are Here

    You Are Here It’s definitely different this time… The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that: “Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators...
  15. Scorpio

    Yosemite's stunning 'Firefall'

    Yosemite's stunning 'Firefall' draws photographers and visitors to park By Times staff and wire reports Yosemite National Park Yosemite has many dramatic vistas. But few are more awe-inspiring than firefall. It's firefall season in the park, and that has attracted many photographers and...
  16. Scorpio

    Here’s why you have to start taking bitcoin seriously

    Opinion: Here’s why you have to start taking bitcoin seriously By Brett Arends Published: Feb 19, 2016 5:08 a.m. ET The digital currency is rising in value and use AFP/Getty Images For years the conventional wisdom in finance has been that bitcoins are a silly technological game, a...
  17. Scorpio

    Opinion: Expect gold prices to be massively volatile

    Opinion: Expect gold prices to be massively volatile By Mark Hulbert Published: Feb 19, 2016 5:12 a.m. ET Sentiment is simply unfavorable for the yellow metal CHAPEL HILL, N.C. (MarketWatch) — Gold-market timers today are more bullish than at any time in the past two years. And that’s...
  18. Scorpio

    Husbands are a pita

    Husbands create 7 hours of extra housework a week: study NEW YORK A maid leaves a room after cleaning it at the Home Inn budget hotel in Shanghai January 5, 2008. Reuters/Nir Elias (Reuters Life!) - For married women who can't figure out why they always have so much housework researchers may...
  19. Scorpio

    China mad about a name

    China warns U.S. of 'serious consequences' over Washington plaza name BEIJING China's Foreign Ministry warned the United States on Tuesday there would be "serious consequences" if a plaza in front of the Chinese embassy in Washington was named after a pro-democracy dissident and Nobel Peace...
  20. Scorpio

    Investors: The $1 Billion Armageddon Trade Placed Against The United States

    Investors: The $1 Billion Armageddon Trade Placed Against The United States July 25th, 2011 Jack Barnes: Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a...