With global interest and use of copper rising, copper may not be able to meet demand. Expert Rick Mills of Ahead of the Herd reviews the demand for copper, the push for more infrastructure, and what he believes the future holds for this metal. Copper is one of the most important metals, with more than 20 million tonnes consumed each year across a variety of industries, including building construct...Read More
Zero Hedge, Released on 10/28/22 More details are trickling in from the Paul Pelosi's assault.CNN reports that the assailant was looking for the Speaker, and allegedly shouted "Where is Nancy? Where is Nancy?"Continue... Paul Pelosi Undergoing Brain Surgery Following 'Brutal' Attack; Suspect Identified added by Herman James on 10/28/2022View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 10/28/22"There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation. The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts. "You're going to see a prolonged bear market," he says, "I don't think we're going to make...Read More
Gold Switzerland, Released on 10/28/22A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure.Continue... Egon von Greyerz: $2 Quadrillion Debt Precariously Resting On $2 Trillion Gold added by Herman James on 10/28/2022View all posts by Herman James ?+'Read More
Several resource companies on expert Adrian Day's list have reported their production numbers for the third quarter, with some positive surprises, though costs are rising.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) reported production of just under one million ounces, down 54,000 ounces from the year-ago quarter and below estimates, while costs have risen. Copper production, however, was stronger than...Read More
Ponzi Finance - Twitter, Released on 10/28/22"The establishment of a central bank is 90% of communizing a nation."- Vladimir Lenin- Ponzi Finance (@BP_Rising) October 28, 2022 Vladimir Lenin: 'The establishment of a central bank is 90% of communizing a nation' added by Herman James on 10/30/2022View all posts by Herman James ?+'Read More
The Jay Martin Show, Released on 10/27/22Publisher of the Trends Journal Gerald Celente gives his overview of the political landscape in the United States and it's not pretty. Gerald argues that corporations now rule the country while ordinary citizens are nothing more than pawns on a chessboard for the global elite to use and discard as it suits them.00:00 Introduction01:12 What Made the US a Sup...Read More
Daily Mail, Released on 10/27/22Unilever recalled over 1.5 million products last week because they may contain elevated levels of benzene. Affected goods are dry shampoo aerosol products Continue... More than a million Americans have been using shampoos that may contain cancer-causing chemical - including brands like Dove, TRESemm?(C) and Nexxus added by Herman James on 10/28/2022View all posts by...Read More
Wall St. For Main St., Released on 10/27/22During this 40+ minute interview Jim Rickards talks about how the Fed will not pivot in his opinion until at least early 2023 and how a lot more rate hikes are coming in November and December 2022. This will most likely cause a stronger US Dollar and more damage to emerging markets and other large financial entities, like pension funds, who will probably...Read More
Kitco News, Released on 10/27/22Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday's preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline. 0:00 - Q3 GDP7:46 - Money supply12:00 - Quantitative easing20:00 - Fed pivot?27:00 - Inflation31:34 - Housin...Read More
Wealthion, Released on 10/27/22In the wake of the 2008 Global Financial Crisis, central banks drove interest rates down to unprecedented lows and kept them there for the better part of a decade. The world economy then became addicted, some would say dependent, upon a zero-cost capital world. But now inflation is forcing interest rates to rise sharply around the globe, at the fastest pace on record...Read More
We learn today that the gross domestic product increased 2.6% in the year's third quarter. Reports CNBC:The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday.GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized...Read More
Blockworks Macro, Released on 10/27/22 (Recorded on 10/20/22)In October 2021, Lyn Alden, renowned macroeconomic thinker and investor, joined Forward Guidance for its first episode to argue that the sovereign bond market was vulnerable to inflationary pressures. 1 year later, with investors having dumped many trillions worth of government bonds, Alden returns to share her thinking on the long-term...Read More
Call Me Back - with Dan Senor, Released on 10/27/22Record inflation, another wake-up call out of Beijing, a new prime minister in Continue... The Economic "Trilemma" - with Mohamed El-Erian added by Herman James on 10/30/2022View all posts by Herman James ?+'Read More
Wall Street On Parade, Released on 10/27/22At Fed Chair Jerome Powell's press conference on September 21, he made a remark that went unchallenged by the bevy of reporters in attendance. Powell said this:Continue... Fed's Powell Calls U.S. Economy "Robust" as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008 added by Herman James on 10/28/2022View all posts by Herman Jame...Read More
Zero Hedge, Released on 10/27/22As Bloomberg just reported, the Pentagon's new National Defense Strategy rejects limits on using nuclear weapons long championed by arms control advocates (and, in the not too distant past, by Joe Bide) citing burgeoning threats from Russia and China.Continue... In Stunning Strategy Reversal, Pentagon Will No Longer Rule Out Use Of Nuclear Weapons Against Non-Nuclea...Read More
Terra Balcanica's drill results demonstrate the potential of a high-grade silver-zinc-gold deposit.Terra Balcanica Resources Corp. (TERA:CSE) just announced additional drill results from its 90%-owned Viogor-Zanik project in Bosnia and Herzegovina. Drilling at the Cumavici prospect extended the deposit by 83 meters (83m) and resulted in assays as high as 1196.6 grams per tonne (g/t) silver equival...Read More
Srivatsan Prakash, Released on 10/27/22Jim Bianco is the founder and President at Bianco Research - based in Chicago, IL. Here, he discusses the various changes he sees in the economy, labor vs capital, and his thesis for how a 4% inflation world looks like. He also shares his views on central banking as well as how they've overstepped their actual function.Jim Bianco is President and Macro Strate...Read More
The U.S. Sun, Released on 10/27/22"When we see these news stories about Covid, we now feel a bit numb. We feel numb to it all."We feel more and more numb."Continue... China forces 800,000 people in Wuhan back into lockdown added by Herman James on 10/30/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/27/22As the bell tolls for the end of the first chapter of Twitter's life as a deep state narrative-enabling machine, the firings have begun with Musk becoming 'Chief Twit'.Continue... The Firings Begin: Twitter CEO, CFO, & Top Censor Escorted Out added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More