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  1. Scorpio

    Lucara Sells Its 813 Carat Diamond for US$63 Million

    May 09, 2016 - 02:00 AM ET Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond View PDF VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2016) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC), Lucara Diamond Corp...
  2. Scorpio

    Was Al-Naimi's 'Ouster' A Saudi Oil Policy Shake-Up? Hardly

    Was Al-Naimi's 'Ouster' A Saudi Oil Policy Shake-Up? Hardly By Ellen R. Wald, Ph.D.CommoditiesMay 10, 2016 05:03AM ET Ellen R. Wald, Ph.D. This weekend’s announcement that veteran Saudi oil minister Ali al-Naimi would be stepping down from the position he has held since 1995 drew a flurry...
  3. Scorpio

    gold has every reason to rise

    I’m with Stan Druckenmiller — gold has every reason to rise By Cody Willard Published: May 9, 2016 3:02 p.m. ET Negative interest rates, the Fed’s quantitative easing and a race to devalue global currencies are bullish for gold I've met hedge fund manager Stan Druckenmiller a couple...
  4. Scorpio

    Hedge Funds' Gold Positioning Near All-Time Highs

    Hedge Funds' Gold Positioning Near All-Time Highs Monday May 09, 2016 10:19 (Kitco News) - Hedge funds were significant gold buyers last week as prices pushed above $1,300 an ounce, hitting the highest level in 15 months, according to the latest data from the Commodity Futures Trading...
  5. Scorpio

    Gold near 2-week low, steady dollar cap gains

    PRECIOUS-Gold near 2-week low, steady dollar cap gains * Bullion has fallen in five out of past six sessions * Coming up: U.S. wholesale inventories at 1400 GMT (Updates throughout, changes dateline from MANILA) By Clara Denina LONDON, May 10 Gold steadied just above a near...
  6. Scorpio

    U.S. need not fear challengers to dollar, Fed official says

    U.S. need not fear challengers to dollar, Fed official says The United States would not necessarily lose out if other currencies emerged as alternatives to the dollar's status as the world's so-called reserve currency, a top U.S. central banker said on Tuesday. William Dudley, president of...
  7. Scorpio

    Markets At Crossroads: Huge Moves Brewing In Stocks And Gold

    Markets At Crossroads: Huge Moves Brewing In Stocks And Gold Thursday, May 05, 2016 by Taki Tsaklanos of InvestingHaven.com Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all...
  8. Scorpio

    France: Prostitution now legal, paying for sex illegal

    France: Prostitution now legal, paying for sex illegal By Holly Yan, CNN Updated 4:35 PM ET, Thu April 7, 2016 France makes paying for sex illegal 01:23 (CNN)Paying for sex in France is about to get a lot more expensive. France has joined a growing number of European countries that...
  9. Scorpio

    Is The Gold Rally Sustainable?

    Is The Gold Rally Sustainable? by ANGTraders 02/05/2016 3:16 PM Gold has stubbornly and vigorously traded UP as the Dollar headed down. It had been trading down with the Dollar, which was unusual, until this past week when it sprinted higher in response to the lower Dollar. If the Dollar...
  10. Scorpio

    Gold hovers around $1,300/oz on weaker dollar, fund inflows

    PRECIOUS-Gold hovers around $1,300/oz on weaker dollar, fund inflows * Dollar drops to 18-month low vs yen * SPDR fund sees inflow of 20.8 tonnes (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, May 3 Gold rose to around the $1,300-an-ounce on Tuesday as the...
  11. Scorpio

    War Drums Take 2

    China won't allow chaos or war on Korean peninsula: Xi BEIJING | By Michael Martina China will not allow chaos and war to break out on the Korean peninsula, which would be to no one's advantage, Chinese President Xi Jinping told a group of Asian foreign ministers on Thursday. North Korea's...
  12. Scorpio

    GOLD IS GOING TO MOVE DOWN INTO A YEARLY CYCLE LOW

    GOLD IS GOING TO MOVE DOWN INTO A YEARLY CYCLE LOW As is always the case at these major turning points, the usual analysts are going to get it wrong again. The dollar is finishing an intermediate cycle decline, not starting one. Stocks are dropping down into a half cycle low of intermediate...
  13. Scorpio

    The Decline and Fall of the American Empire

    The Decline and Fall of the American Empire Bob Moriarty Archives Mar 22, 2016 While the corruption at the national level has been obvious for years to anyone willing to open their eyes and their mind at the same time, this election cycle marks an important turning point. I’m not a Trump fan...
  14. Scorpio

    U.S. Might Not Be Dying Of Old Age But It’s Pretty Frail And Weak

    U.S. Might Not Be Dying Of Old Age But It’s Pretty Frail And Weak by Just_another_wiseguy 25/03/2016 10:51 AM Break out the Champaign again because it is time to celebrate; the GDP numbers are out and they show the U.S. economy grew by 1.4% in the fourth quarter. Yep, we can now all stop...
  15. Scorpio

    Gold Weaker As Technical Posture Deteriorates; Yellen Speech Awaited

    Gold Weaker As Technical Posture Deteriorates; Yellen Speech Awaited Tuesday March 29, 2016 08:23 (Kitco News) - Gold prices are slightly lower in early U.S. trading Tuesday. The near-term technical posture for the yellow metal has become less bullish in recent sessions, which is inviting...
  16. Scorpio

    The Oil Surge Was Driven By The Biggest Short-Squeeze Ever

    The Oil Surge Was Driven By The Biggest Short-Squeeze Ever March 28th, 2016 Tyler Durden: Two months ago, just before crude dropped to 13 year lows, we warned oil traders that there is ”a constant short squeeze threat” because “oil shorts are at all-time highs“, adding that “we have seen...
  17. Scorpio

    Ten Civilizations or Nations That Collapsed From Drought

    Ten Civilizations or Nations That Collapsed From Drought By: Jeff Masters , 3:15 PM GMT on March 21, 2016 Drought is the great enemy of human civilization. Drought deprives us of the two things necessary to sustain life--food and water. When the rains stop and the soil dries up, cities die and...
  18. Scorpio

    The Last Time Producers Were This Short of Gold Futures Gold Crashed Two Months Later

    The Last Time Producers Were This Short of Gold Futures Gold Crashed Two Months Later by Ceo Technician | posted in: Charts, Gold, Gold Stocks | 0 Gold producers haven’t been this short of gold futures since a couple of months before the April 2013 gold crash: Gold (5-year) with Commitments...
  19. Scorpio

    Oil prices continue rout as supply fears weigh

    Oil prices continue rout as supply fears weigh By Dan Strumpf Published: Mar 24, 2016 4:14 a.m. ET Crude hovers below $40 AFP/Getty Images U.S. Department of Energy showed domestic crude stockpiles soared by 9.4 million barrels Oil futures moved firmly lower in Thursday’s trade...
  20. Scorpio

    Stocks Turn With Bonds and Euro as Draghi Plan Gets Second Look

    Stocks Turn With Bonds and Euro as Draghi Plan Gets Second Look James Regan Eddie Van Der Walt EdvanderWalt March 10, 2016 — 5:01 PM CST Updated on March 11, 2016 — 4:48 AM CST Yuan erases losses for the year as PBOC boosts fixing Commodities rally, boosting Aussie, Russian ruble...
  21. Scorpio

    Investors Buy Gold ETFs at Record Pace

    Investors Buy Gold ETFs at Record Pace [Chart] Jeff Desjardins on March 4, 2016 at 10:56 am Investors Buy Gold ETFs at Record Pace February had $7.9B in Gold ETF inflows – and the miners aren’t doing too bad either. The Chart of the Week is a weekly Visual Capitalist feature on Fridays...
  22. Scorpio

    LIES, DAMN LIES, & BLS STATISTICS

    LIES, DAMN LIES, & BLS STATISTICS 33 comments Posted on 4th March 2016 by Administrator in Economy It’s my favorite day of the month. The Bureau of Lies & Scams issues their double seasonally adjusted, massaged to provide a happy ending, birth death adjusted unemployment propaganda, designed...
  23. Scorpio

    Goldman Sachs says this rally in commodities is just a mirage

    Goldman Sachs says this rally in commodities is just a mirage By Victor Reklaitis Published: Mar 8, 2016 9:15 a.m. ET Critical information ahead of the U.S. market’s open Getty Images It’s not for real! Pundits are marveling at the S&P’s five-day march higher and Brent crude back...
  24. Scorpio

    U.S. shale-oil output is still increasing in the Permian Basin

    U.S. shale-oil output is still increasing in the Permian Basin By Myra P. Saefong Published: Mar 8, 2016 2:07 p.m. ET Permian Basin is the ‘most prolific oil-producing area’ in the U.S. Getty Images The sun may be setting for U.S. shale-oil regions, but maybe not for the Permian...
  25. Scorpio

    Oil Presents The Same Old Riddle Only Start From The Middle

    Oil Presents The Same Old Riddle Only Start From The Middle Monday March 07, 2016 18:12 Many experts are suddenly touting the idea that the oil crash and long-standing route is dead and ready for burial. Certainly oil prices are acting as if that is true. At 3 o’clock in New York, West Texas...
  26. Scorpio

    China Boosts Gold Hoard by Smallest Amount Since at Least July

    China Boosts Gold Hoard by Smallest Amount Since at Least July Ranjeetha Pakiam March 7, 2016 — 3:40 AM CST China raised its central bank gold reserves by the smallest amount since the nation started disclosing monthly increases last year. The People’s Bank of China expanded holdings by 0.6...
  27. Scorpio

    Gold steady below 13-month high as upbeat U.S. jobs support Fed hike

    PRECIOUS-Gold steady below 13-month high as upbeat U.S. jobs support Fed hike * Expectations for March rate hike still low, aiding gold * Hedge funds cut bullish bets in COMEX gold (Updates prices) By Manolo Serapio Jr MANILA, March 7 Gold steadied below last week's 13-month high on Monday...
  28. Scorpio

    Astronomers just saw farther back in time than they ever have before

    Astronomers just saw farther back in time than they ever have before 1 / 19 The Washington Post Sarah Kaplan 4 hrs ago © NASA/ESA handout via Reuters Hubble Space Telescope image shows the Galaxy GN-z11, shown in the inset, 13.4 billion years away and as it was just 400 million years...
  29. Scorpio

    Why the U.S. stock market now has scary parallels to 1929

    Opinion: Why the U.S. stock market now has scary parallels to 1929 By Chuck Jaffe Published: Mar 4, 2016 5:08 a.m. ET Worst is yet to come for investors, strategist predicts Getty Images/Keystone/Staff Huge crowds outside the Sub Treasury Building (now Federal Hall National Memorial)...
  30. Scorpio

    Gold Snaps Back to Bull Market as Prices Surge on Haven Demand

    Gold Snaps Back to Bull Market as Prices Surge on Haven Demand Kevin Crowley CrowleyKev March 3, 2016 — 4:15 PM CST Updated on March 4, 2016 — 5:00 AM CST Gold cruised to a bull market, heedless of rebounding stock markets, as traders expect central banks to curb yields on other...
  31. Scorpio

    India just stunned the gold market

    India just stunned the gold market Dave Forest, OilPrice.coM Reuters/BabuAn employee displays gold models of elephants at the "Gem and Jewellery India International Exhibition 2013" (GJIIE) in the southern Indian city of Chennai I wrote a few weeks ago about record slowdowns in gold sales...
  32. Scorpio

    Chinese monetary bubble threatens to burst

    STAFF NEWS & ANALYSIS Chinese monetary bubble threatens to burst By Daily Bell Staff - February 29, 2016 Global finance officials promise to shore up sagging growth … Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and...
  33. Scorpio

    Silver Prices in Five Years?

    Silver Prices in Five Years? Posted on February 29, 2016 by Gary Christenson What will the price of silver be in 2021? You can find articles suggesting the price of silver will be over $1,000 and under $10. Perhaps this is the wrong question. A better approach: The global financial system...
  34. Scorpio

    Venezuela is about to revolutionize gold mining

    Venezuela is about to revolutionize gold mining Dave Forest, OilPrice.com Reuters/Henry Romero Back from a week in the wilds of Myanmar — more on that in Prime Meridians this coming weekend — to find a lot of action happening globally in both energy and mining. One story however, stands out...
  35. Scorpio

    February Demand For U.S. Gold Coins Up 236% From 2015

    February Demand For U.S. Gold Coins Up 236% From 2015 Tuesday March 01, 2016 14:04 (Kitco News) - Demand for U.S. gold and silver bullion coin sales took a bit of a dip last month, compared to January; however, sales are still dramatically higher compared to 2015. The latest sales data shows...
  36. Scorpio

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash Will Martin Feb. 29, 2016, 9:07 AM REUTERS/Mohamed Al HwaityA man with Saudi Arabia's national flag in 2013 riding with a driver performing a stunt known as sidewall skiing as part of early...
  37. Scorpio

    Dry spell ate away at snowpack of drought-ridden California

    Dry spell ate away at snowpack of drought-ridden California Associated Press By ELLEN KNICKMEYER and RICH PEDRONCELLI, Associated Press 2 hrs ago ECHO SUMMIT, Calif. — An unwelcome three-week winter dry spell left the California snowpack at just 83 percent of average, a setback for...
  38. Scorpio

    New York judge rules in favor of Apple in earlier locked iPhone case

    New York judge rules in favor of Apple in earlier locked iPhone case Aaron Pressman,Yahoo Finance 2 hours 19 minutes ago While Apple (AAPL) and the FBI have been busy battling over a dead terrorist's passcode-locked iPhone in a case in California, a federal judge in New York on Monday ruled...
  39. Scorpio

    Government debt is the new subprime

    Opinion: Government debt is the new subprime By Jonathan Rochford Published: Feb 26, 2016 7:05 a.m. ET Without widespread austerity, a global debt crisis is a realistic possibility in the next five years AFP/Getty Images Don’t be so sure. Howard Marks of Oaktree Capital is one of the...
  40. Scorpio

    Gold up 1 pct, set for best month in four years

    PRECIOUS-Gold up 1 pct, set for best month in four years * Gold up 10.4 pct in February for biggest gain in four years * SPDR fund inflows touch one-year high (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, Feb 29 Gold rose 1 percent on Monday, boosted by lower...
  41. Scorpio

    North Dakota oil bust shatters, shifts dreams of transplants

    North Dakota oil bust shatters, shifts dreams of transplants 6 / 45 Chicago Tribune By Ted Gregory 1 hr ago CHICAGO — When the oil boom was churning in remote expanses of Montana and North Dakota, Andy Turco left college in Illinois to take a chance on finding backbreaking, dangerous and...
  42. Scorpio

    So You’ve Woken Up…Now What?

    So You’ve Woken Up…Now What? Zen Gardner Many people ask about this or something similar so here’s some thoughts on the subject. I don’t mean to tell anyone what to do, as that’s completely contrary to consciousness and conscious development, but I will share my understandings at this point...
  43. Scorpio

    Why Reserves Aren’t Money

    Why Reserves Aren’t Money Jeffrey P. Snider When the Federal Reserve through its Open Market Desk engages in a transaction under QE or the current balance sheet stabilization (reinvesting maturing securities) with a primary dealer, the direct effect is to increase the dealer’s account with...
  44. Scorpio

    "There’s A Feeling Of Bits Of Ice Cracking All At Once"

    mind you, this is after last weeks report showing gas supplies being drawn down, while crude supplies were up again, "There’s A Feeling Of Bits Of Ice Cracking All At Once" - This Is The 'Big New Threat' To Oil Prices Tyler Durden One week ago, we reported that even as traders were focusing...
  45. Scorpio

    Death of Scalia, Degeneration of America: Start Your Planning Now

    somebody finally stated it in print, the murder of Scalia, Death of Scalia, Degeneration of America: Start Your Planning Now Jeff Berwick This is a story about gun control in the US. More importantly it is a story about lies, deceit and the very public disintegration of the corpse of the...
  46. Scorpio

    How The Court Jester Became King Of The United States

    How The Court Jester Became King Of The United States Jeff Nielson It wasn’t supposed to be this way. You allow the Court Jester to run for “president”, in order to make all of the other bought-and-paid-for Stooges look better, in comparison. Then, after everyone has had a good laugh, the deck...
  47. Scorpio

    1984 to 2016, Bluffing with an Empty Hand, Against a Royal Flush

    1984 to 2016, Bluffing with an Empty Hand, Against a Royal Flush Wolf Gray Many like to refer to George Orwell’s publication of the classic totalitarian nightmare depicted in “1984” as the benchmark of the “pure negative” for freedom lovers. Maybe this needs to be rethought a bit. I submit...
  48. Scorpio

    Here’s why (and how) the government will ‘borrow’ your retirement savings

    Here’s why (and how) the government will ‘borrow’ your retirement savings Simon Black According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion. $7.3 trillion of that is held in Individual Retirement Accounts (IRAs). That’s an...
  49. Scorpio

    Romancing the Source: Montana Sapphires

    video at the link guys: Romancing the Source: Montana Sapphires Author: Andrew Lucas, Tao Hsu, Shane McClure, and Kevin Schumacher 2/16/2016 Montana Sapphires Big sky, mountains, rivers, forests, deer, and sapphires. Join the GIA field team on a speedboat ride, visit sapphire mines...
  50. Scorpio

    US Dollar Rebound Increases Near-Term Risk

    much as we discussed here: US Dollar Rebound Increases Near-Term Risk 02/26/2016 | Jordan Roy-Byrne, CMT | Featured Last week we noted that the odds favored more upside in precious metals before a larger correction would begin. While that view remains on track, we want to note the renewed...
  51. Scorpio

    How The Seeds Of Revolution Take Root: the Middle Class Loses Upward Mobility

    How The Seeds Of Revolution Take Root: the Middle Class Loses Upward Mobility February 26, 2016 If you cap the volcano, eventually the pressure beneath rises to the point that the cap gets blown off in spectacular fashion. That the dramatic upheavals of war, pestilence and environmental...
  52. Scorpio

    Gold Will Overwhelm Dent

    Gold Will Overwhelm Dent Posted on February 25, 2016 by Gary Christenson Harry Dent is a good demographer and stands for what he believes. But this is not about Harry Dent. Charles Sizemore is a writer and editor who works for Harry Dent, but this is not about Charles Sizemore. This is...
  53. Scorpio

    Of course they are:

    gold and silver haven't even begun to move, and already they are hitting the sell button, CME Group Hiking Margins For Gold, Platinum Futures By Kitco News Friday February 26, 2016 08:18 (Kitco News) - CME Group is raising margins on gold futures for the second time this month, and this...
  54. Scorpio

    The Gold In All The Oscars In The World Equals 29.5 Ounces Or $36,000

    too funny, The Gold In All The Oscars In The World Equals 29.5 Ounces Or $36,000 By Kitco News Friday February 26, 2016 14:32 (Kitco News) - The Academy awards will be hosted this Sunday and we couldn’t let you start the weekend without a few fun facts you can share with your friends during...
  55. Scorpio

    Gold Traders To Eye Jobs, Other Data For Clues On Fed Policy

    Gold Traders To Eye Jobs, Other Data For Clues On Fed Policy By Allen Sykora of Kitco News Friday February 26, 2016 13:52 (Kitco News) - Much of gold’s rally so far in 2016 has been fueled by market doubts that the Federal Reserve will hike interest rates again in the foreseeable future. As...
  56. Scorpio

    Get your keister out Grandmaw!

    Lawsuit filed to stop eviction of 97-year-old Burlingame woman San Francisco Chronicle By Kevin Fagan and Kimberly Veklerov 12 hrs ago Lawyers for a 97-year-old woman threatened with eviction from her Burlingame home of 66 years filed a lawsuit Friday on her behalf...
  57. Scorpio

    What Will You Do When the Toilet Paper Runs Out?

    What Will You Do When the Toilet Paper Runs Out? January 10, 2016 By Jane 14 Comments Remember those Extreme Couponing shows where the participants had a wall full of toilet paper? They had the right idea! At least for me, I’d much rather waste a whole wall of my home with a mountain of...
  58. Scorpio

    Building Up Food Storage Your Kids (and Pets) Will Eat

    Building Up Food Storage Your Kids (and Pets) Will Eat By Lee FLynn Posted Tuesday, May 12, 2015 at 01:09pm EST Keywords: emergency preparedness, food storage, planning, self-reliance A weather or disaster emergency can occur in your geographic area at anytime, making it difficult to shop...
  59. Scorpio

    Better Risk Appetite Late This Week

    audio at the link Better Risk Appetite Late This Week Friday February 26, 2016 07:57 (Kitco News) - Good morning this is the open with Jim Wyckoff. Gold Prices are near steady on some mild profit taking and chart consolidation. World stock markets were higher overnight and that means there is...
  60. Scorpio

    Venezuela is shipping gold to pay debt

    Venezuela is shipping gold to pay debt by Patrick Gillespie @CNNMoney February 25, 2016: 1:27 PM ET Major oil producer in turmoil Venezuela is shipping gold to Europe so that it can pay its debt. Venezuela sent $1.3 billion worth of gold bars to Switzerland in mid-January, according to...
  61. Scorpio

    Mansion prices tumble as oil rout hits Houston's rich

    Mansion prices tumble as oil rout hits Houston's rich 12 / 17 Reuters By Terry Wade and Anna Driver 11 hrs ago Prices for mansions in Houston's swankiest neighborhood have tumbled in lock-step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their...
  62. Scorpio

    Quite the little shindig,

    Justice Scalia spent his last hours with members of this secretive society of elite hunters 16 / 17 The Washington Post Amy Brittain, Sari Horwitz 1 hr ago © AP Photo/Jim Mone, File FILE - In this Oct. 20, 2015 file photo, Supreme Court Justice Antonin Scalia speaks at the University of...
  63. Scorpio

    Commerzbank: Gold Premium Over Platinum Hits Record

    Commerzbank: Gold Premium Over Platinum Hits Record Wednesday February 24, 2016 10:35 Gold continues to outperform platinum and silver as the yellow metal benefits from safe-haven flows in 2016, says Commerzbank. The gold/silver ratio has climbed to over 80, its highest level since December...
  64. Scorpio

    Fed's George Urges FOMC to Keep March on the Table for Rate Hike

    Fed's George Urges FOMC to Keep March on the Table for Rate Hike Steve Matthews SteveMatthews12 February 23, 2016 — 3:42 PM CST Federal Reserve policy makers should be prepared to consider raising interest rates in March despite recent financial market volatility, said Kansas City Fed...
  65. Scorpio

    Gold the 'Superhero' May Shoot Up to $1,400: Top Forecaster

    Gold the 'Superhero' May Shoot Up to $1,400: Top Forecaster Ranjeetha Pakiam February 23, 2016 — 7:03 PM CST Updated on February 24, 2016 — 6:03 AM CST OCBC's Gan says bullion may surge should risk aversion jump Price seen at $1,000-$1,150 year-end as Fed will still tighten Gold may...
  66. Scorpio

    Modern Military

    Just heard someone talking about the number of applicants rejected for admission to the armed forces has now increased to over 70%. the rejection reasons were health, education ie stupidity, and other. Supposedly the vast majority was stupidity. to which we can all ask, wtf? It is your...
  67. Scorpio

    1 in 4 Americans on verge of financial ruin

    1 in 4 Americans on verge of financial ruin By Catey Hill Published: Feb 23, 2016 5:31 a.m. ET Shutterstock.com / VGstockstudio The rich keep getting richer. The rest of us aren’t so lucky. According to a survey released Tuesday by Bankrate.com of more than 1,000 adults, nearly one in four...
  68. Scorpio

    Trump and Carrier

    By now most should have heard that Carrier Air Conditioning is closing their US plants and moving all production to mehico, Not a peep out of oatsama, the great union president, the great working class president, not a fookin' word, Anyway, Trump came on and blasted them. Said no problem, do...
  69. Scorpio

    Important development

    We have been thru the demand charts showing the exiting of etf's from the metals markets, this shows a reversal of that trend. Positive development. Commerzbank: Two-Day Inflow Into Gold ETFs Most Since 2010 Tuesday February 23, 2016 09:21 Gold continues to flow into exchange-traded funds at a...
  70. Scorpio

    J.P. Morgan’s ‘London Whale’ spouts off: ‘For no good reason, I was singled out’

    J.P. Morgan’s ‘London Whale’ spouts off: ‘For no good reason, I was singled out’ By Lucy McNulty and Gregory Zuckerman Published: Feb 23, 2016 9:32 a.m. ET Trader Bruno Iksil breaks nearly four years of silence AFP/Getty Images The trader at the center of the “London Whale” trading...
  71. Scorpio

    The robots are coming for jobs that pay $20 an hour or less, White House finds

    The robots are coming for jobs that pay $20 an hour or less, White House finds By Steve Goldstein Published: Feb 23, 2016 6:42 a.m. ET It’s intuitive that automation will take low-wage jobs. But the White House, in its annual economic report of the president, has broken down just how much...
  72. Scorpio

    Long-Term Gold Bulls Need To Bide Their Time And Be Patient

    Long-Term Gold Bulls Need To Bide Their Time And Be Patient Monday February 22, 2016 10:15 (Kitco News) - Global stocks are rallying and the U.S. dollar is posting solid gains. In the short-term, gold is being held hostage to outside market dynamics and the risk-off attitude has triggered...
  73. Scorpio

    Gold rebounds on fund inflows and equities drop

    PRECIOUS-Gold rebounds on fund inflows and equities drop * Gold rebounds from 1.6 pct fall on Monday * SPDR adds a further 19 tonnes of gold * China and India turn sellers as gold prices rally (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, Feb 23 Gold rose by...
  74. Scorpio

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20 Tuesday, February 23, 2016 by Nathalie Huynh of DailyFX DailyFX.com - Commodities, stocks gave back gains due to market re-positioning upon macro risk: Brexit, China stimulus, G20 summit. Gold is in favor again Talking...
  75. Scorpio

    As U.S. shale sinks, pipeline fight sends woes downstream

    As U.S. shale sinks, pipeline fight sends woes downstream By Tom Hals 16 minutes ago A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver By Tom Hals WILMINGTON, Del. (Reuters) - Within weeks, two low-profile legal disputes may determine whether an...
  76. Scorpio

    IEA warns consumers of spike in oil prices

    IEA warns consumers of spike in oil prices The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021. In a report, the IEA said it expects prices to start recovering in 2017. But it...
  77. Scorpio

    The US coal industry is falling apart. Here's the surprising reason why.

    The US coal industry is falling apart. Here's the surprising reason why. Updated by David Roberts on February 22, 2016, 10:00 a.m. ET @drvox david@vox.com The US coal mining industry is collapsing. Consider this remarkable fact, from a new report by the Rhodium Group: The four largest US...
  78. Scorpio

    The Walking Dead: Something is Rotten in the Banking System

    The Walking Dead: Something is Rotten in the Banking System February 12th, 2016 Pater Tenebrarum: A Curious Collapse – Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an outright QE program involving government bonds...
  79. Scorpio

    Russell Napier Forecasts Negative Rates in the US as Deflationary Pressures Spread

    Russell Napier Forecasts Negative Rates in the US as Deflationary Pressures Spread FS Staff02/17/2016 Russell Napier, author of Anatomy of the Bear and co-Founder of the Electronic Research Interchange (or ERIC), explains why he sees further deflation and deleveraging moving forward, and why he...
  80. Scorpio

    What is the Point Spread on WW III?

    What is the Point Spread on WW III? Bob Moriarty Archives Feb 20, 2016 Boobus Americanus seems to utterly have lost the ability to think for themselves. So when the totally controlled US media mumbles on about how Al Assad needs replacing, no American could dream of asking, "Why? What did he...
  81. 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...
  82. 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...
  83. 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...
  84. Scorpio

    Junk status beckons for these 14 miners

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    Interesting metal website

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    Shaky Equity Markets To Support Gold Next Week Say Analysts

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    Gold Holds Steady as Oil Sinks and Equities Struggle

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

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    When Will Gold and Gold Stocks Correct?

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    As War on Cash Escalates, Cash Lovers Fight Back

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    A Walk down Memory Lane

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    January 2016 hottest since records began: US agency

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    “I Guess It’s Food Stamps”

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    You Are Here

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    Yosemite's stunning 'Firefall'

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    Here’s why you have to start taking bitcoin seriously

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    Opinion: Expect gold prices to be massively volatile

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    Husbands are a pita

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    China mad about a name

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

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