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
StrengthsThe best performing metal this week was silver, up 3.16 percent, as gold rebounded this week. As gold was set for a small weekly gain for the first week in four, traders were mostly bullish or neutral on bullion's trajectory in the weekly Bloomberg survey. Palladium, however, rallied as much as 1.8 percent to a record $1,648.65 an ounce for its best run since 2012 with seven weeks of...Read More
Import prices for steel slab in Southeast Asia and East Asia breached the psychological floor of $400 per tonne for the first time since July 2017 on Monday September 23 amid weakness in the downstream hot-rolled coil market.A producer in the Commonwealth of Independent States sold 40,000 tonnes of slab to Southeast Asia at $400 per tonne cfr during the week to Monday.After the transaction at $400...Read More
RambusTonight I would like to start out by looking at the old ratio combo chart that has the GOLD:XAU ratio chart on top with the XAU on the bottom. I'm not going to go over all the details the ratio combo chart has, only to emphasize the 20 year 6 point parabolic arc which shows how gold had been outperforming the XAU until the small double top at 24.33 in late 2015. When the parabolic arc was...Read More
By: Ira EpsteinGold turning over? Market is confused from Friday's Chinese news..Read More
False AssumptionsNecessary DebateKeynesian Sense?The Bond Master ClassHouston and Home Again"Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back."?ۥJohn Maynard KeynesI begi...Read More
Peter Schiff has been saying that the price of gold and silver are going to take off. But why?Peter isn't just taking a wild guess or gazing into a crystal ball. He's basing this prediction on the unavoidable economic consequences stemming from more than a decade of Federal Reserve mechanizations. In s nutshell, the central bank has checked us into a monetary roach motel. Once it entered the curre...Read More
Danielle DiMartino Booth of Quill Intelligence says the Fed is "woefully" behind the curve and discusses the central bank's repurchase operations.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows....Read More
The low, transparent prices will let patients without insurance pay out-of-pocket for basic care and know exactly what each service costs.Continue...Read More
President Trump deserves credit for resisting the war cries from neocons like Sen. Lindsey Graham and Secretary of State Mike Pompeo after last week's attack on two Saudi oil facilities. Pompeo was eager to blame Iran because he wants war with Iran and anything that can trigger such a war is fine with him. So he put the president in a difficult spot by declaring Iran the culprit: suddenly the pres...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
The Fed did it again, cutting rates another 25 basis points. Jim believes they're cutting to head off poor economic news. If the news doesn't come, then Jim believes they won't cut at the next meeting. The Fed has some wiggle room. Perhaps it's a move to keep the dollar from going higher to help exports. Reasonableness is no longer a factor in any discussions or actions about the economy. Maybe th...Read More
Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. They discuss the latest FOMC statement, recent dislocation in value & growth, outlook on the bond market and more.Read More
Decoupling theory is silly. The US will not decouple.Either the Eurozone and Chinese economies pick up, or the US slides with them.Continue...Read More
The S&P500 just experienced its first period of back-to-back declines since 2016, a phenomenon typical of earnings recessions.Continue...Read More
The repo market is doing something it hasn't done since just before the 2007 housing market crash. The Fed is back to effectively buying U.S. Treasuries from banks on an indefinite basisContinue...Read More
Chinese ferro-silicon smelters held their offer prices, which earlier this month hit a 27-month low, last week in expectation of renewed demand from consumers in the steel sector ahead of a national holiday next week, while in Europe steelmakers seemed in no rush to replenish their ferro-alloys feedstocks. China ferro-silicon market stable ahead of new tenders due before a public holiday next wee...Read More
The market for low carbon ferro-chrome (0.10% C) in Europe rose on Friday September 20, indicating that prices had bottomed-out at a historic low level, with demand remaining subdued. Rise in low- and high-carbon alloy prices in Europe Spot alloy prices firm in China on higher Tisco tender price Imported alloy price in China steady Imported chrome ore prices stable US alloys fall amid weak demand....Read More
Peter Epstein of Epstein Research speaks with Peter Leaman, SVP exploration of Kincora Copper, after the company released the first of its drill results. On September 10th Kincora Copper Ltd. (KCC:TSX.V) provided the first drilling update at its 100%-owned copper-gold porphyry projects in the Southern Gobi region of Mongolia. This update comes after an oversubscribed $6.25 million equity raising...Read More
Stainless steel prices in Europe were stable this week amid expectations of dramatically increased alloy surcharges for October, sources told Fastmarkets on Friday September 20.October alloy surcharges will be based on nickel prices between August 21 and September 20. During this time, the average price for nickel, 3-months, London Metal Exchange Daily Official, was $17,178 per tonne, up by $2,183...Read More