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

China's hot-rolled coil prices fell further on Thursday September 26 amid weak demand despite mills in some parts of the country being subjected to steelmaking curbs.DomesticEastern China (Shanghai): 3,600-3,630 yuan ($505-509) per tonne, down 20-40 yuan per tonneNorthern China (Tangshan): 3,550 yuan per tonne, down 50 yuan per tonneA Shanghai-based trader said trading thinned in comparison with W...Read More

Turkish rebar and wire rod export prices have gone down further over the past week amid falling imported scrap values and limited demand, sources said on Thursday September 26.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) export, fob main port Turkey was $395-402 per tonne on Thursday, down from $400-410 per tonne fob on actual weight basis last week.The steel producers in...Read More

Import prices for steel billet in Egypt fell in the week ended Thursday September 26, amid lower offer and deal prices from the Commonwealth of Independent States.Buyers were reluctant to book material because of uncertainty about the possible imposition of safeguard duties.The Supreme Administrative Court of Egypt has repeatedly postponed its decision on the possible re-imposition of safeguard du...Read More

The United Arab Emirates' biggest producer Emirates Steel and second biggest producer Conares Steel have both decreased their rebar prices, effective from Thursday September 26, Fastmarkets has learned.Emirates Steel is now offering rebar at 1,737 dirhams ($472) per tonne ex-works, down from 1,953 dirhams...Read More

The Turkish steel mills have continued to book deep-sea scrap for November shipments, keeping prices fairly stable, sources said on Thursday September 26.A steel mill in the Izmir region booked a Baltic Sea cargo on Thursday, comprising 30,000 tonnes of HMS 1&2 (80:20) at $223.50 per tonne and 5,000 tonnes of bonus at $233 per tonne cfr.Another steel mill in the Marmara region also booked a Baltic...Read More

- Dave Kranzler"Central Banks are panicking...the whole system is on the verge of disappearing into a black hole." - Egon Von Greyerz on USAWatchdog.comOn Wednesday, after Wednesday's overnight Repo operation had $92 billion in demand for the $75 billion operations, announced that it was increasing overnight Repos to $100 billion and doubling the two-week term Repo operations to $60 billion....Read More

SRSrocco The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes. What's interesting is that the Reserve Banks estimated the number of notes they were going to remove from circulation and destroy accounted for 75% of the U.S. Treasury 2018 print order. However, according to the FederalReserve.gov website, the c...Read More

David HaggithAs noted in my last article, "Fed Loses Control of its Benchmark Interest," bank liquidity strains are written all over this month's troubles. Some may find that hard to believe because there is so much hot air (fiat money) still floating the system from a historical standpoint. There is a sound fundamental reason, however, that a lot is not enough. The diminished money supply is...Read More

By: Ira EpsteinGold is rocking and rolling back and forth without a trend:Read More

Physical iron ore prices strengthened on Thursday September 26 following gains in the futures market.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.91 per tonne, up by $0.57 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $91.30 per tonne, up by $0.57 per tonne.62% Fe low-alumina fines, cfr Qingdao: $89.45 per tonne, up by $1.79 per tonne.58% Fe fines high-premium, cfr Qingdao: $80....Read More

Mining major Rio Tinto is stepping into China's port market for iron ore, with sales in the segment gaining significance amid changes in the raw material procurement strategies of steelmakers in the country.It will begin a trial sale of its products at the Port of Rizhao in eastern China and the Port of Caofeidian in northern China, its vice president for iron ore sales and marketing, Simon Farry,...Read More

Gregory 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). Gregory currently hosts a b...Read More

Links to slides and sources: https://www.itmtrading.com/blog/will-...In 2008, the fiat financial markets were ultimately made visible because of a lack of liquidity in the interbank funding markets, causing the Reserve Primary money market fund to drop below $1 per share and freeze redemption, which then caused a run on money market funds and forced the government to step in with guarantees to cal...Read More

SBTV spoke with veteran investor Doug Casey, Founder of Casey Research, about the Greater Depression that he has been warning about. Doug also shares the arithmetic behind his call for a $5,000 gold price in this new bull market.Discusses in this interview:02:50 Investing in opportunities in crisis04:28 Biggest challenge to invest in a crisis06:19 Risks when investing in a crisis10:53 The coming G...Read More

David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More

"Toys are a reflection of culture and as the world continues to celebrate the positive impact of inclusivity, we felt it was time to create a doll line free of labelsContinue...Read More

"This will also reduce the risk of violent crime in our communities. These businesses and their employees become targets for murder, robbery, assault and more by dealing in all cash."Continue...Read More

For Part 1 of this interview, CLICK HEREClick here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 vis...Read More

*This interview was recorded on 9/17/19The verdict is in-the Fed wasn't dovish enough.As you know, the Fed cut rates 25 basis points yesterday. But the future path for rates is murky at best. There's more than a fair amount of dissent on the FOMC.Take a look at the "dot plot" (individual Fed governors' interest rate targets) for the end of 2019.Here's what's happening:Five members approved of the...Read More

Steel billet prices in the CIS region decreased slightly in the week ended Thursday September 26 after last week's rebound, because of the resumed softening of scrap prices in Turkey.Several billet cargoes were reported sold to Asia and Egypt at prices of less than $360 per tonne fob Black Sea, Fastmarkets learnt.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $357 per tonne...Read More