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
Why are big money managers and investors like Ray Dalio and Mark Mobius telling people to buy precious metals? Do they see the economy hitting the wall? Analyst and entrepreneur Karl Denninger says, "Everyone sees the wall. Everyone sees the problem. The monthly Treasury statements are public. Go pull it up on a computer. . . . It is the general ledger of the federal government, and it's terrible....Read More
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style. His fast-growing YouTube channel, Looking at the Markets with David M...Read More
"Designed with the understanding that 20 percent of all WiFi-enabled homes are equipped with a connected home device, VoiceIQ Technology pairs with existing devices to dispense the"Continue...Read More
"The Navy designates the objects contained in these videos as unidentified aerial phenomena" (UAP), Gradisher saidContinue...Read More
Doubleline Capital CEO and founder Jeffrey Gundlach joins 'Fast Money Halftime Report' to discuss the Fed rate decision, if there is a recession risk and his market call.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading public...Read More
Repurchase agreements or Repos are a cornerstone of today's leveraged economic system. They've been around since 1917. It's a way for banks to eke out a few more basis points on their bond holdings. Just yesterday the interest rate shot up from 2.25% to 10% overnight. This situation is unheralded. When things start going wrong in this market, there's likely major problems ahead. It's a market base...Read More
Gundlach put the odds of a recession before the 2020 election at 75%, predicting that once the recession hits, there will be an explosion in the national debt.Continue...Read More
Michael Oliver provides his usual guidance on precious metals and key markets.Read More
"Even those who care deeply about the planet's future can slip up now and then. Tell us: Where do you fall short in preventing climate change?"Continue...Read More
"I shouldn't have done that. I should have known better and I didn't. I'm really sorry." When asked if he believed the costume was racist, he said, "Yes it was. I didn't consider it Continue...Read More
"It is certainly possible that we'll need to resume the organic growth of the balance sheet sooner than we thought."Continue...Read More
David McAlvany, President of the McAlvany Financial Companies, explains what the recent price explosion in gold is tell us about current market conditions.Read More
A slight pullback in gold should not deter investors from the fact that the yellow metal is still in a bull market, especially after sentiment has shifted in its favor recently, said Adrian Day, CEO of Adrian Day Asset Management."I think the most important thing that has happened in the last six months is there's a change in sentiment. When you have a change in sentiment, it means that gold will...Read More
India has given the go-ahead to the state-owned Steel Authority of India (SAIL), to sell up to 7 million tonnes of iron ore annually , to maintain security of raw material supplies ahead of the expiration of 31 mining leases in the country next year. "The Ministry of Mines has allowed SAIL to offload in a year up to a quantity equivalent to [a] maximum [of] 25% of [the] total iron ore production i...Read More
Links to slides and sources: https://www.itmtrading.com/blog/negat...Question 1. Jason S: If and when US rates go negative, can you explain how those negative bond rates will translate into the rates impacting everyday retail banking products and instruments?Question 2. Scuba Duba: I'm in the MF industry. Almost every wholesaler says "everything is fine!" What is the #1 thing i can put in front of...Read More
"We often received a key piece of feedback: make sure the board is independent from Facebook. One way we're addressing this is by establishing an independent trust. The Oversight BoardContinue...Read More
An experiment to deliberately release genetically modified mosquitos into Brazil appears to have failed miserably - and may have even resulted in 'super-mosquitos' according to a Yale Continue...Read More
The Iranian export market for steel billet and slab has been largely quiet in the week to Wednesday September 18 and no new bookings were heard, sources told Fastmarkets on Wednesday.Iranian producers were offering billet at $360 per tonne fob, while buyers believed $340-350 per tonne would be a workable price."No...Read More
China's domestic rebar prices retreated on Wednesday September 18 after a day of stability, while those in the export market also weakened amid soft demand. Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($522-526) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,630-3,660 yuan per tonne, down 10 yuan per tonneMore construction sites in northern China are expected to stop work by...Read More
Export prices for Chinese stainless steel edged have downward over the week ended Tuesday September 17 amid poor demand after the price of nickel tumbled from a five-year high attained earlier in the month.The three-month nickel contract on the London Metal Exchange ended Tuesday's trading session at $16,925-16,950 per tonne, compared with $17,980-18,000 per tonne a week earlier. The price of nick...Read More