When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal", usher in a new era of energy production and put miners back to work.
China is considering forcing steel and aluminum producers to cut more output, banning coal in one of the country's top ports and shutting some fertilizer and drug plants as Beijing intensifies its war on smog, a draft policy document shows.
An individual's views on gold's investment merits are often as deeply entrenched as their political or religious affiliations. Curiously, there's not the same conversational taboo about discussing gold in public; indeed, it seems to be the one investment which garners constant attention regardless of what it's doing.
Precious metals expert Michael Ballanger discusses the tug-of-war going on between the Japanese yen and the U.S. dollar/Chinese yuan, and its effect on precious metals.
Miners are diverging from the price of gold.
No one miner, especially a smaller miner with less than say twenty million ounces production a year, has the luxury of turning off their income.
We published a video update a few days ago discussing the short-term outlook for the precious metals sector which includes the gold miners.
Miners are going to test the breakdown level at 150.

The junior miners, commodity and precious metals sectors could be on the verge of a major bottom.

Miners are starting to sniff out the short term bounce, but the damage had already been done when they broke below the 08 and November lows.