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
A few years ago, a cop came to my home and asked whether I would like to get my passport on time. I said, "Yes", and slammed the door, smiling. I didn't know he wanted a bribe.For much of my life, I didn't know people don't always mean what they say. A normal child knows this at the age of 4, but I was 26 when I came to terms with this. I take words literally, and this was at the root of most prob...Read More
If you wake up tomorrow and oil prices have spiked to $100 per barrel, here is what will have happened.You will find out that a long range Burkhan - 2H missile will have directly hit the Saudi Royal Palace in Riyadh. The reaction to this missile will be swift and severe.Within the hour Saudi Arabia will have declared war on Iran. And within 24 hours the Saudis will have retaliated through a direct...Read More
The range of prices offered for steel slab exports from Brazil narrowed this week, with producers continuing to focus on sales to clients in North America.Offers of Brazilian material were reported around the level of $570 per tonne fob, with rumors of one deal being closed at a price below this mark.But suppliers were not willing to accept any bids below the level of $565 per tonne fob, according...Read More
War is one of the most primitive and senseless manifestations of the human experience, so naturally, most sane people with families, ambitions and kind hearts want nothing to do with such things. Unfortunately, as we are seeing with the Syrian escalation, governments thrive on war, as it gives them a pressing excuse to grab more power and take extrajudicial measures-both at home and abroad.To get...Read More
The latest metal market news and price moves to start the North American day on Friday May 18. Base metals on the London Metal Exchange were broadly lower during morning trading, with marginal drops across the complex largely due to a strengthening dollar and nickel the only metal to buck the trend.Nickel's three-month price climbed 1.2%, outperforming the complex and reaching a high of $14,850 pe...Read More
Have you ever paid late fees on your rent? Have you ever had your debit card declined publicly when getting groceries? Have you ever had your long-term plans interrupted because your finances came up short?If you have, you’re one of the millions of Americans who need margin in their personal finances. To have margin means that you have space, or cushion room, not just for your bills but also...Read More
Good morning from Metal Bulletin's offices in Asia, bringing the latest news and pricing stories on Friday May 18. Good morning from Metal Bulletin's offices in Asia, bringing the latest news and pricing stories on Friday May 18. Base metals prices on the Shanghai Futures Exchange were largely higher during Asian morning trading on Friday May 18, with the exception of tin and aluminium - the latte...Read More
The timing is fit for a movie plot climax!Just as Trump announced intentions to get out of Syria, Assad did something unspeakable. According to Assad’s opposition, the Syrian government “once again” used chemicals weapons on civilians.At a time when the war is almost won for Assad, he decided to re-ignite international calls for his ouster by senselessly murdering about the same...Read More
The transgender movement blurs the line between two words: gender and sex.I am willing to surrender the word gender. The new definition of gender is that it is not a scientific term, but rather a cultural identifier of traits typically related to biological sex. So a biological male who feels like he fits the role society views as female could change his gender because gender is a social construct...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Physical iron ore prices weakened on Friday May 18, in line with drops in the rebar and futures markets, although earlier increases mean the week-on-week change was minimal.The seaborne coking coal market is in stalemate with a widening gap between bids and offers. Taiwanese scrap import prices widened...Read More
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."-Benjamin FranklinThe ease with which Americans are prepared to welcome boots on the ground, regional lockdowns, routine invasions of their privacy, and the dismantling of every constitutional right intended to serve as a bulwark against government abuses is beyond unnerving.I am...Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base metalsThe London Metal Exchange has shelved its idea of developing a dealer-to-client platform, following the results of last year's discussion paper, chief executive officer Matthew Chamberlain said.The exchange also does not have projections of how much revenue it might make eve...Read More
Via Sovereignman.comThe most powerful banker in the world, JPMorgan Chase CEO Jamie Dimon, just released his annual letter to shareholders.Behind Warren Buffett's annual missive, Dimon's letter is probably the most read and deliberated executive report out there.For one, Dimon is one of the most connected and respected men in finance.And given his bank's massive size (it earned $24.4 billion on $...Read More
Jersey City Mayor Steven Fulop practically wiped out a couple’s retirement with the stroke of a pen.He decided to issue an executive order banning the demolition of any homes for six months.During those six months, Fulop wants the city council to pass new laws, “which will better protect the City’s culturally, historically and/or architecturally significant buildings and structur...Read More
On April 3rd the Department of Homeland Security posted an ad to FedBizOpps.gov (Federal Business Opportunities). That is the government’s website where they post contractor work.DHS is looking for “Media Monitoring Services.”They want a database with built-in search and alert features. The DHS is looking for something that they can search to see which publications, journalists,...Read More
People often tell themselves that they will start their new diet, new exercise regime, or their new life, tomorrow. Either they are too stressed with stuff today, or need one last day to relax before permanently making the change. Then tomorrow comes, and the cycle repeats. What is happening in cases such as these is referred to in philosophy as a conflict of volitions. Harry Frankfurt, a philosop...Read More
South Hampton, NJ - One of the most disturbing videos illustrating the horrors of marijuana prohibition was released this week showing police officers handcuff an innocent man and publicly grope his genitals and probe his anus. The lengths the police state will go to prosecute otherwise innocent people for this plant were on full display as two New Jersey state troopers detained a man then humil...Read More
Editor’s Note: The Daily Bell shares John W. Whitehead’s columns because we believe he presents an important perspective. However, certain elements of his style do not reflect the broader philosophy of The Daily Bell. For instance, Whitehead’s frequent use of the word “we” is not reflective of individuality, and blames all members of a group for the sins of certain in...Read More
Authoritarianism creeps in from seemingly unlikely places.Government officials will start with a premise that seems pretty legit.“Kids need to be protected. In order for parents and officials to protect them, kids can’t have full rights like adults.”As child labor, compulsory schooling, and other “protective” laws have accelerated over the last 100 years, the definiti...Read More
Via Sovereignman.comThey say that goldfish have the shortest memory in the Animal Kingdom... something like 3-seconds.But it turns out this isn't actually true.Researchers at the Israeli Technion Institute of Technology conducted an experiment in 2009 proving that even the tiniest fish could be trained to recall certain sounds after as long as FIVE MONTHS.According to another study from the Univer...Read More