Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
SBTV spoke with Lynette Zang, Chief Market Analyst at ITM Trading, about how the Robinhood and Citadel fiasco shows the little guys could still be on the hook despite the resurgence of Occupy Wall Street sentiments.00:00?EUR< Introduction02:19?EUR< The Robinhood & Citadel connection09:30?EUR< Stock markets are now fully disconnected from economic reality12:09?EUR< What will be reset in a financial...Read More
Economist Danielle DiMartino Booth sits down with former Macro economist and chairman of the Economic and Development Review Committee at the Organisation for Economic Co-operation. In this interview they talk about the role central banking has in the economy in downturns and upturns. About the guest: William R. White is a Canadian economist who was the chairman of the Economic and Development Rev...Read More
Topics:Quieter day in the markets with notable moves in oil.Dollar consolidating before its next move down.Kashkari believes inflation is purely psychological.Outsourcing will boom under Democrats.New York is paying people to get COVID at "Covid Parties."Visa uses Bitcoin for cheap publicity, not for DeFi.Peter Schiff is an internationally recognized economist specializing in the foreign equity, c...Read More
"They don't even realise that these are tired ideas that they are lifting from a 70 year old indictment of the totalitarian state"Continue...Read More
"CDC reserves the right to enforce through criminal penalties," the agency adds, though it claims not to intend "to rely primarily on these criminal Continue...Read More
Silver remains in the limelight after reports last week that members of Reddit's WallStreetBets forum wanted to squeeze the market like they have for GameStop. The WallStreetBets crowd has since distanced itself from the silver story, calling it a distraction from GameStop. But while the white metal's price has declined, interest remains high. Here Chris Marcus of Arcadia Economics explains the la...Read More
There's no universally agreed-upon definition of hyperinflation. But one widely Continue...Read More
The Federal Reserve printed $4 trillion in the years following Continue...Read More
You've heard the axiom "History repeats itself." It does, but never in exactly the same way. To apply the lessons of the past, we must understand the differences of the present.Continue...Read More
Thanks to social media, the outsiders are threatening to replace who's in the Tower, and the insiders have never been more scared.Continue...Read More
Current standards "permit dangerously high levels of toxic heavy metals, and documents revealed that the manufacturers have often sold foods that exceeded those levels."Continue...Read More
Compares dissenting Americans to Taliban, Al Qaeda; Compares President Trump to Saddam Hussein.Continue...Read More
Reading about how YouTubers and Redditors with screennames liike "RoaringKitty" and "DeepF*ckingValue" contributed to last week's financial mania with posts and videos expounding the virtues of GME, AMCContinue...Read More
Newmont Corp (NEM) should have very good chart support around the $53.00 area. Continue...Read More
Silver has reached a turning point against other assets. Two examples of this are against world equity markets, and US M2 Money supply.Continue...Read More
Prices for steel billet and rebar decreased in Egypt in the week to Thursday February 4 in line with weak demand, with the country still suffering from rebar consumption having decreased by 7.68% in 2020, sources have told Fastmarkets.Egyptian demand for long steel products was weak for reasons including a ban on construction and the continuing effects of the Covid-19 pandemic.Egypt imposed a ban...Read More
Export prices for steel billet from the Commonwealth of Independent States (CIS) continued to move downward on Thursday February 4 with lower offers heard from mills and traders.Billet offers from mills were heard within the range of $540-545 per tonne fob for customers in the Middle East, compared with $540-550 per tonne fob earlier in the week.A Russian producer was reported to have filled its o...Read More
"We are investing in safety across our operations and recently started rolling out industry leading camera-based safety technology across our delivery fleet," Bass saidContinue...Read More
Turkish steel billet prices have continued their downward trend over the past week amid limited demand for the material and falling imported scrap costs, sources said on Thursday February 4.Imported scrap prices have been coming down over the week amid limited demand.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $401.35 per tonne on February 3, down from...Read More
The attraction of high sales volumes and good netbacks in China continued to tighten supply and supported prices for ferro-chrome in Europe in the week to Tuesday February 2.Ferro-chrome producers have targeted China, attracted by the high demand, rather than Europe. This has reduced the volumes available in Europe, which in turn has increased prices.Fastmarkets' price assessment for ferro-chrome,...Read More