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
Trading activity in the pig iron export market from the Commonwealth of Independent States (CIS) resumed in the week ended Thursday January 17 but at reduced prices, due to falls in the scrap markets in the United States and Italy.Fastmarkets' price assessment for CIS exports of high-manganese pig iron narrowed downward to $320-330 per tonne fob Black Sea on January 17, from $320-335 per tonne a w...Read More
Do you know what keeps central bankers up at night? Populism. When governments and central banks support corporate greed above public need, people lose trust in the government and confidence in the central bank and the financial system and a run ensues. Where will they run to?Traditionally, people fly to the safety of real money gold and silver, the only assets that I see as undervalued at this ti...Read More
US President Donald Trump has announced plans for 20 new ground-based interceptors to be placed in Alaska which could "shield every city" in the country.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender...Read More
Alex J. Pollock, distinguished senior fellow at the R Street Institute in Washington and former president of the Federal Home Loan Bank of Chicago, calls in to discuss the state of our central bank's own finances. @RSI @FHLBC3:07 Unrealized losses and the printing press6:27 Treasury issuance and the Fed9:45 Negative capital. Does it matter?15:55 Partially paid-in capital; echoes of the banking par...Read More
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.Read More
An investigative journalist was shot dead after exposing a corrupt high-ranking official at world soccer body FIFA Continue...Read More
Breitbart says it obtained an internal discussion between Google employee showing the existence of a blacklistContinue...Read More
Since December gold (light blue line) has outperformed the average stock (dark blue) by a nice margin. So why does this feel like such a let-down? Because the stars Continue...Read More
Part 1 (part 2 below)Part 2Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook)....Read More
(Recasts ahead of U.S. trading, updates prices throughout) * European car shares fall on U.S. tariff worries * Beijing injects masses of cash into financial system * Huawei subject of U.S., German displeasure* Pound supported as May wins confidence vote * Graphic: World FX rates in 2019* Asian stock markets: By Marc JonesLONDON, Jan 17 (Reuters) - Concern over China's economicoutlook and possible...Read More
Erik Townsend and Patrick Ceresna welcome Charlie McElligott back to MacroVoices. Erik and Charlie discuss the China credit impulse and PBoC liquidity operations. The discuss if this is a bear market rally or continuation of bull market and fading the Fed's economic optimism. They update CTA positioning across asset classes and positioning in risk parity funds. They finally end with a conversation...Read More
Fed Chair Jay Powell did not deliver any early Christmas presents to the markets last month, but he did pop the cork on a bottle of Champagne as a belated New Year's gift on Friday, Jan. 4.Continue...Read More
Turkish steel producers have resumed their deep-sea scrap purchases for January-February at higher prices, sources said on Thursday January 17.Suppliers were seeking higher prices for their scrap because of the rise in collection costs during the difficult winter season, sources said.A steel producer in the Marmara region booked a Canadian cargo, comprising 17,000-20,000 tonnes of HMS 1&2 (90:10),...Read More
CNBC's Eamon Javers reports on President Trump's decision to not lower tariffs ahead of trade deliberations with China.Continue...Read More
It's easy to forget, in light of subsequent events, how terrified the Democrats once were of Sarah Palin. As an attractive Christian woman with a bunch of kids, who apparentlyContinue...Read More
U.S. officials are debating removing tariffs on Chinese imports to increase the possibility of the Chinese playing ball with the US on cyber crime, forced transfer of intellectual Continue...Read More
Amid a cresting wave of consolidation in the gold mining space as spending on new mines has dried up since 2011Continue...Read More
To contact the reporters on this story: Thomas Biesheuvel in London at [email protected];Danielle Bochove in Toronto at [email protected]Continue...Read More
Gold's dimming supply prospects have caught the eye of one billionaire."For the first time in my life, I bought gold because it is a good hedge," Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. "Supply is shrinking and that is going to have a positive impact on the price."Spending on new mines began to dry up after prices of the metal tumbled from a record in 2...Read More
Toronto-based Moneta Porcupine Mines has updated the underground resource numbers for its Golden Highway project 110 km east of Timmins. The company says the deposits are higher grade than previously thought and they are open.Moneta CEO and chief geologist Gary O'Connor said the increased grade and overall size of the estimate are encouraging. "We are confident of the ability to continue to incr...Read More