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
Riots have become the norm in France, Ecuador, Hong Kong and now Chile. John sees this as a function of out of control debt and the running out of other people's money. The US could find itself in a similar situation after the election. There's a belief among the world's population that corruption has become the norm and that there's no way to reign it in. This could lead to half the nation believ...Read More
Wikileaks publisher Julian Assange appeared before a UK judge to request more time to prepare his case against the US extradition request. Acting more like a Soviet triubunal, the judge went on to deny his every request. He is not allowed to prepare to fight his extradition. Even though Assange has served his time for "jumping bail" the British court ruled that he must remain in prison. His shocki...Read More
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 author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Low interest rates are encouraging companies to take on a level of debt that risks becoming a $19 trillion time bomb in the event of another global recession, the International Monetary Fund has said.In its half-yearly update on the state of the world's financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries - the US, China, Japan, Germany, Britain, France,...Read More
I don't know how many people have noticed this, but in the past three months it has been impossible for a person to throw a beef burger patty in any direction Continue...Read More
We have lost all of our freedoms, we are just too busy to take notice. The pretend whistleblower against Trump was orchestrated by Democrats to create an issue Continue...Read More
Not so long ago the US economy had some bright spots that seemed to justify a general sense of optimism. The fracking revolution had turned the country into the world's largest Continue...Read More
When volume is low look for increased prices.When volume goes higher, look for declines. Volume has trailed off since the October sell-off. We're not in a bear market yet. Prices remain above all their moving averages and indicators. Nick believes we're not in a bear market. It's a trendless market, but since the May low, we've made higher lows, so there's a slight upside bias. One thing that ever...Read More
Topics:Changing of thepopulism Guard: Populism on the rise globally and what it meansBrexit: Will it happen and what does it mean for markets?Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics a...Read More
"I do not question the actions of the New York Fed, but I write to seek clarity on why they were necessary, and the implications of the cause of the spikes." Continue...Read More
Asia specialist and distinguished columnist David P Goldman is convinced the US and Europe stand a chance against the Red Dragon - but the clock is tickingContinue...Read More
More than three years ago, Fed watchers were stunned when none other than Ben Bernanke's former special advisor, Andrew Levin, said that "a lot of people would Continue...Read More
CIS rebar and wire rod producers increased offers for foreign customers in the second half of October following the recovery of scrap and billet prices globally.But buying activity remained limited as customers waited to see more evidence of market stabilization and improvement of demand from end-users.Early last week, offers for Russian wire rod were reported at $425 per tonne fob Black Sea, with...Read More
David feels the term "quiet optimism" does, indeed, sum up the current gold market. He points out that capital markets have yet to open up to most micro-cap gold companies. He feels that the mining sector may well be the last deep value play in the market today.He thinks that gold will eventually rise above $2000 an ounce, but it will take longer than most analysts expect. Indications that we are...Read More
The evidence is quite strong that the correction in Gold and gold stocks has more to go in terms of price and probably Continue...Read More
China's domestic prices for rebar held steady for a second day on Tuesday October 22 despite gains in the futures market, with participants taking a wait-and-see approach before deciding whether to engage in arbitrage trading.Eastern China (Shanghai): 3,580-3,610 yuan ($505-510) per tonne, unchangedNorthern China (Beijing): 3,550-3,590 yuan per tonne, unchangedRebar futures went from a low of 3,28...Read More
The agreement reached between Turkish President Erdogan and U.S. Vice President Pence for a temporary ceasefire in the Turkish incursion into northern Syria demonstratesContinue...Read More
Thibaut Lepouttre of Caesars Report profiles this company exploring its large land package in Finland's greenstone belt. Jeesio BOT Sampling Winter 2018IntroductionFinland would hardly be a country you'd think of when considering exploration companies. However, it's not such a far-fetched idea as senior producer Agnico Eagle Mines (AEM, AEM.TO) has been a successful producer in Finland for years...Read More
Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs in on the cryptocurrency versus gold debate, and explains why his gold and precious metals ETF is outperforming its peers, naming some of its top performing companies. The Gold Report: Frank, you've said you expect gold to reach $10,000/oz. Can you tell us about your prediction and the factors th...Read More
Prices for most grades of ferrous scrap in Mexico fell in the week ended Friday October 18, with mills continuing to apply price cuts while they adjusted to recent settlements in the United States and other regions.One mill in the Baj?-o region applied a price cut of 200 pesos ($10.45) per tonne last week. And although its supply of scrap has reduced, it has so far given no sign of reversing this...Read More