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
LONDON, Oct 29 (Reuters) - French President Emmanuel Macron warned Prime Minister Boris Johnson on Friday that Britain's credibility was on the line in the row over post-Brexit fishing rights and Northern Ireland, with other countries watching closely.Macron told the Financial Times in an interview that the fishing rights issue was important."Make no mistake, it is not just for the Europeans but a...Read More
The European market for hot-rolled coil remained calm on Friday October 29 with both producers and buyers holding back from trading, sources told Fastmarkets.European steelmakers have been focused on settlement of long-term agreements with big buyers, such as the automotive and white goods sectors. As a result, they have not been active in the spot market.Buyers, in the meantime, have been taking...Read More
LONDON, Oct 29 (Reuters) - The readout from this week's brutal selloff in government bond markets seems clear: rising inflation will hustle central banks into panicky interest rate rises, quashing economic growth.Yet stocks, currencies and corporate bonds are sending a different picture: keep calm. Maybe even buy more.Time will tell who has it right. What's for sure is many bond investors were cau...Read More
A summary of production figures and financial results from Brazilian steelmaker Usiminas for the third quarter of 2021, as shown in its earnings report published on Friday October 29.In brief?EUR?Usiminas' strategy of buying third-party steel slab to be rolled at the Cubat??o mill was maintained, with a significant increase in purchases year-on-year in the third quarter to 502,000 tonnes, from 240...Read More
MEXICO CITY, Oct 29 (Reuters) - Mexico’s first economic contraction since a recovery began from the coronavirus pandemic poses a challenge to the central bank’s monetary policy tightening cycle, but stubbornly high inflation appears likely to take precedence, analysts said on Friday.The Mexican economy shrank 0.2% here in the July-September period compared with the previous quarter a...Read More
ROME, Oct 29 (Reuters) - President Joe Biden on Friday called U.S. government actions "clumsy" during his first meeting with French President Emmanuel Macron since a diplomatic crisis erupted last month over a U.S. security pact with Britain and Australia.Biden used the meeting at the G20 summit in Rome, Italy to try to turn the page on a relationship that came under strain over the U.S.-Australia...Read More
PARIS (Reuters) -A group of bondholders including asset manager BlackRock and an affiliate of private equity firm Carlyle has become the top shareholder in French fashion company SMCP, taking on a 29% equity stake it now wants to sell.The ownership of SMCP, whose brands include Sandro and Maje, has been the subject of speculation after a unit of its Chinese majority owner Shandong Ruyi defaulted o...Read More
PARIS (Reuters) - Europe is still not investing enough in the supply chain for electric vehicle batteries and this could leave its planned gigafactories short of coveted minerals, French mining group Eramet said.Eramet is struggling to attract investment from its home region to process its overseas nickel, lithium and cobalt reserves into battery materials and may have to turn to non-European play...Read More
Prices for domestic and imported merchant bar quality (MBQ) steel in the United States were flat in October for the second consecutive month following two rounds of mill base price increases in July and August.Fastmarkets' monthly assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US was $58.30 per hundredweight ($1,116 per short ton) on Friday October 29, unchanged fro...Read More
Oct 29 (Reuters) - UK shares tracked global markets lower on Friday, with anxiety over potential interest rate hikes and a slide in state-backed bank NatWest dragging the blue-chip FTSE 100 index.NatWest (NWG.L) fell 4.5% even though its profit tripled in the third quarter, as its margin contracted in a sign of how rock-bottom central bank rates have squeezed the income it can make from lending....Read More
Stansberry Research, Released on 10/29/21Silver supplies are dwindling and consumption is expanding for the precious metal, says Keith Neumeyer, First Majestic Silver Corp. President and CEO. He explains why this narrative deserves to be highlighted further for investors, and criticizes the CFTC's handling earlier this year based on the fluctuation of silver trading."The mining sector is such a st...Read More
Steel beam prices were flat in the United States' domestic and import markets on Thursday October 28 following three rounds of mill price increases over the summer and bringing a welcome pause to upward pressure in market that has been tightly supplied.Fastmarkets' monthly assessment for steel beams 8- x 8-in, fob mill US was $68 per hundredweight ($1,360 per short ton) on Thursday October 28, unc...Read More
Doug Casey's Take, Released on 10/29/21Human colony collapse is possible and, it seems, likely. In today's Q&A episode, we explain how easily it can happen. Plus, Carbon hysteria and much more. Doug's Recent Article on Carbon Streaming Companies and Carbon Hysteria: https://internationalman.com/articles...?>>?Join our email list to get Special reports and updates: https://dougcasey.substack.com/ab...Read More
Rebel Capitalist, Released on 10/29/21George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at t...Read More
Wall Street Silver, Released on 10/29/21Jeff Clark, the Gold Advisor, joins us to share part of his presentation from the New Orleans Investment Conference. Jeff shares his top 3 Silver exploration stocks and 1 gold exploration stock. All are exploration stage, high risk and high potential rewards. If that is your goal, this video is for you.Jeff Clark is editor and lead writer of BIG GOLD, the mo...Read More
Kitco News, Released on 10/29/21Jack Dorsey, CEO of Twitter, recently Tweeted that "Hyperinflation is going to change everything. It's happening."Steve Hanke, professor of applied economics at Johns Hopkins University, responds. 0:00 - Hyperinflation8:03 - Inflation in the U.S.13:16 - 300,000,000% monthly inflation18:15 - Cryptocurrency board Steve Hanke is an American applied economist at the Joh...Read More
Rebel Capitalist, Released on 10/29/21George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at t...Read More
Rogue News, Released on 10/29/21Harley Schlanger's work can be found at The LaRouche Organization and The Schiller Institute.Harley Schlanger recaps the absurdities of the past week added by Herman James on 10/28/2021View all posts by Herman James ?+'Read More
Ron Paul Liberty Report, Released on 10/29/21Fed-created inflation and government-created shortages...It doesn't have to be this way. Many of our American ancestors lived under much more favorable monetary conditions. For almost an entire century, the dollar would consistently purchase more goods and services, not less! Standards of living rose as a result of sound money. We can return to such cir...Read More
Liberty and Finance, Released on 10/28/20In a free market, shortages should be temporary. But analyst Ted Butler says price manipulation is causing a long-term shortage of resources across the board. "We're at that critical point where I think it's about to break to the upside," Ted says.Find Ted online: http://butlerresearch.com0:00 Intro1:56 Shortage of everything11:31 Metals manipulation16:16 H...Read More