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

A summary of Antofagasta's production results for the third quarter of 2019 following the company's results report released on Wednesday October 23.IN BRIEF: Antofagasta's group copper production for the third quarter of 2019 was recorded at 197,000 tonnes, a drop of 0.8% against the previous quarter. Group copper production for the first nine months of 2019 climbed to 584,200 tonnes, a rise...Read More

You can't say we weren't warned.A decade ago, the U.S. Department of Energy released a report highlighting the critical materials that would be key components for the development of clean technologies in the United States.Buried in that report, however, was more than just projections. For materials such as lithium, cobalt, and rare earth elements, it was clear who was in control.Just think...In 20...Read More

Rio Tinto is planning to step into the lithium industry in the United States following the booming prospects for the new energy vehicles (NEVs) sector. Rio Tinto will pilot the production of lithium salts following a study to extract lithium from waste rock at their borates mine in the Mojave Desert in California, the company said. Should the pilot scheme succeed in producing its forecast 10 tonne...Read More

Short positions in renewable energy power generation company Boralex (BLX) have been on a steady rise over the past year and as of the October 15th IIROC short report, it is now one of the 10 most shorted stocks on the TSX with 10.04% of its float shorted. Expensive valuations and lofty debt levels might be the bait that is attracting the sharks. The stock trades at a lofty 15.7 Enterprise Value...Read More

Domestic hot-rolled coil prices in Northern Europe have been stable over the past week, while prices in the south declined by ?,?5 per tonne over the period, sources told Fastmarkets on Wednesday October 23.Although the prices have not changed significantly, the market remains under downward pressure from poor demand.Northern EuropeDomestic prices for HRC in the north of Europe have been stab...Read More

Chinese mills raised their domestic offers on Wednesday October 23, though buyers in the eastern region put up some resistance against them, resulting in a smaller price rise in comparison with those in the northern region.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($494-497) per tonne, widening upward by 10 yuan per tonneNorthern China (Tangshan): 3,500 yuan per tonne, up 20 yuan per tonn...Read More

China's plate producers lowered their export prices over the past week amid fierce competition from Japanese and South Korean sellers.Fastmarkets' price assessment for December shipments of steel heavy plate export, fob China main port was $443-450 per tonne for the week ended Tuesday October 22, down $10-12 per tonne from $455-460 per tonne a week earlier.A trader based in eastern China said he h...Read More

Richard (Rick) Mills, Ahead of the herd In the first quarter of 2019, global debt hit $246.5 trillion. Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that started in the beginning of 2018, of reducing debt burdens, when global debt reached its highest on record, $248 trillio...Read More

Clint Siegner, Money MetalsThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversifi...Read More

By: Ira EpsteinGold's volatility has been coming out of the market. $1,498.7 would break the bearish pattern: Read More

Chilean iron ore and long steel producer Compa???-a de Acero de Pac?-fico (CAP) was forced to reduce production from some of its iron ore operations in the week to Wednesday October 23 amid widespread anti-government protests in the country.CAP's 75%-owned mining subsidiary, Compa???-a Minera del Pac?-fico (CMP), had partial interruptions to operations at one of its iron ore pellet plants and at t...Read More

Discussed in this interview:02:07 Fed unwinding balance sheet to pre-QE levels is a pipe dream06:19 Ridiculous that the US has never had a failed bond auction10:15 US shale oil industry could be soaking up unwanted dollars12:48 De-dollarization: Foreigners do not want dollars20:31 Energy independence? US still needs Saudi oil22:18 Oil is the main sustenance for the US dollar22:45 The ridiculous pa...Read More

Edward Snowden is an American whistleblower who copied and leaked highly classified information from the National Security Agency in 2013 when he was a Central Intelligence Agency employee and subcontractor. His new book "Permanent Record" is now available.Read More

Find out how pensions are leveraging the credit market via the shadow banking system. Brian Reynolds joins Robert to discuss how we're likely in another boom-and-bust cycle driven by shadow banking.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales f...Read More

Michael says the "Fed has no idea what they are doing." Last year they said they would be quietly conducting quantitative tightening to lower their balance sheet and would be raising rates. Then a year later, having never reached 3.5%, they are now sending rates much lower. Their quantitative tightening program blew up the junk bond market, and now they are back to monetizing the debt just like an...Read More

"There is some real liquidity monetary tightness that is pushing things to the verge of collapse, really. They are doing everything they can to stave it off."Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends. Read More

Slides and Links: https://www.itmtrading.com/blog/qa-wi...Viewer Submitted Questions:Question 1. BJbandjla: Some people say that central banks actually want the global monetary system to collapse to facilitate a wealth transfer to the elite. Others say the banks really don't have any grand plan for a new system and are in 'panic mode' because of failing derivatives, liquidity issues, bank insolven...Read More

Facebook is spending millions of dollars a year to purchase influence with politicians and regulators. Continue...Read More

"With this breakthrough we're now one step closer to applying quantum computing to-for example-design more efficient batteries, create fertilizer using less energy, and figure out Continue...Read More

Slides and Links: https://www.itmtrading.com/blog/bigge...In the last Great Recession (although it was incredibly tough for many people -and still is), there was one huge factor people are forgetting. And that is...the BANKS were the epicenter of that Crisis. In this video I'll show you how that is no longer the case, and how YOU are now the epicenter of the current Crisis. The risk has already be...Read More