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
Seaborne iron ore prices were flat on Tuesday October 1 at the start of the week-long public holiday in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.38 per tonne, unchanged.62% Fe Pilbara Blend fines, cfr Qingdao: $92.91 per tonne, unchanged.62% Fe low-alumina fines, cfr Qingdao: $91.72 per tonne, unchanged.58% Fe fines high-premium, cfr Qingdao: $82.28 per...Read More
Some major Chinese scrap importers have stopped buying from overseas over fears of not receiving quotas for the fourth quarter of 2019, leading them to postpone deliveries until March next year after Lunar New Year, Fastmarkets has learned. Many buyers in Ningbo province, a major destination for No2 copper scrap imports to China, have already used up their quotas assigned earlier and some of them...Read More
CIS export billet prices continued to slide as several new bookings were closed with discounts,sources told Fastmarkets on Tuesday October 1."The major issue today is not even scrap, but low finished long still prices and reduced demand for them," one trader said.Late last week a cargo of October-rolling billet from Russia was...Read More
Import and domestic prices for steel rebar in the United Arab Emirates fell this week because of soft demand, sources said on Tuesday October 1.The new reduced domestic rebar prices for the month were announced on September 26.Billet importsBillet was on offer from Oman at about $405 per tonne cpt, and $390-400 per tonne cfr from India.One deal for 5,000 tonnes was...Read More
David HaggithThe Great Recession never ended. I say that because the deep economic flaws that caused it were never corrected. All recovery efforts since merely clouded our eyes to the problems growing larger around us, even making them worse, and now we are going back into the belly of the Great Recession.The recovery was all a prop, which is why I call it a fake recovery. In September, we enter...Read More
Clive Maundoriginally published Sunday, September 29, 2019Whilst we are in complete agreement with Egon Von Greyerz of GoldSwitzerland, about the exceptionally positive mid and long-term outlook for gold and silver which will soar as the monstrous global debt bubble implodes, there is the small matter of what will happen to them when the debt junkies go "cold turkey" if there is a sudden liqui...Read More
Clint SiegnerGold and silver investors have been watching the Department of Justice investigation of criminal price rigging at JPMorgan Chase and other bullion banks carefully. Several crooked traders have pled guilty to "spoofing" the markets and more have been indicted.The DOJ has even suggested the banks have been engaged in racketeering. Prosecutors may use RICO laws designed for taking...Read More
By: Gary SavageGold is still very early into its daily cycle lower:Read More
By: Ira EpsteinSeptember was a crazy month. Gold heading back to $1,450? Under the $1,511 18-day moving average. Gold is oversold. Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
For Part 1 of this interview, CLICK HERE?EUR
Government is not targeting terrorism or terrorists: they are targeting average American citizens.Continue...Read More
Climate change alarmists have convinced the public something must be done now. The reports are easily debunked as fraud.Continue...Read More
Over the past two weeks the Fed has been doing a series of overnight repo market operations, that some have suggested are just routine end of the quarter maneuvering by the banks. Yet as the operations continue on now two weeks later, and have grown in size, that premise is starting to seeming less and less likely.Unfortunately at this point it remains unknown exactly why the transactions have bee...Read More
Stephen Roach of Yale University says the U.S. is demanding "unrealistically difficult enforcement requirements" from China in trade talks between the two economies.Forget about a grand US-China trade deal, says Stephen Roach from CNBC.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs...Read More
Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is known to be an anarcho-capitalist activist and has written extensively about the impending collapse of the US dollar-based financial system.Read More
Mark recalls seeing the 1987 market crash from his fathers concerned perspective. There were a lot of worried traders at the time, but also some that made off like bandits. This experience showed him that there were always winners and losers in markets and helped shape him into a contrarian investor.The current move in gold is still very early, and prices should be much higher based on economics....Read More
"As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to get so strong, especially relative to ALL other currencies, that our manufacturers are being negatively affected."Continue...Read More
Hillary Clinton Set For MAJOR Comeback, Escalates Rumors Of A 2020 Democratic Run Against Trump. With a major press tour underway the rumors have begun escalating. While before it was silly chatter we are now seeing betting pools start to spike and betting house experts and even Steve Bannon are saying Hillary is preparing to enter the 2020 race on the democrat side.While this is still just silly...Read More