Modern Monetary MadnessPet Economists Can This Really Be a Thing?Sound Bite EconomicsDo Deficits Matter?Strategic Investment and Life PlanningDallas, Houston, Cleveland a lot, New York, back to Puerto Rico, Austin, and DallasMore than 10 years ago some Australian readers begin regaling me with the ideas of economist Bill Mitchell of the University of Newcastle in New South Wales. He was teachi...Read More
The trend over the next four weeks in gold and silver could be the trend for the rest of the year. In Asia, local currency price moves will be a far bigger factor (than gold in US dollar) over other themes. Winner will be the ones who are correctly able to determine to trend of the local currency trend. It is not easy to determine the long term trend of Indian rupee as we have an election. India...Read More
Domestic scrap prices have increased in Turkey over the past week due to the rise in imported scrap costs, sources said on Monday February 18.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,680-1,820 ($319-345) per tonne delivered on February 18, up from TRY1,660-1,810 per tonne last week.A number of steel mills and a major scrapyard have increase...Read More
Mining companies in Brazil that operate 'upstream' tailings dams will have to completely decommission them by August 15, 2023, according to a new resolution issued by the country's mining agency ANM on Friday February 15.The document, published in the Brazilian official gazette on Monday February 18, showed that 84 dams currently operate through the upstream method, or an 'unidentified' one, and a...Read More
Gold has been looking much brighter lately, but is it ready to shine? The declining global financial system has made many of us believe that gold would keep going up and up. But we've been wrong for years. Precious metals markets have been in a pronounced secular bear market, with lower lows and lower highs. Until now, perhaps. The key technical resistance point is $1350-$1363 per ounce. If it bre...Read More
As Japan marks 20 years of ultra-low rates, Jim and Phil take a look at monetary policies around the world. Jim shares his current reading list.1:47 How long's secular?3:50 Negative interest rates: a compendium10:36 Grant's book club14:57 The Fed's solvency, or lack thereofJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journ...Read More
Donald Trump has declared an emergency at the border as the debate over "the wall" continues to escalate. Senior Democrats accused the president of a "gross abuse of power". Several Republicans also voiced concern. In this video Dan Dicks of Press For Truth speaks with G. Edward Griffin about this so called "emergency" and how a one world government is the endgame!G. Edward Griffin is an American...Read More
They say a picture is worth a thousand words - and that goes double for the works of war photographers. Is there catharsis to be found in the tragedy captured by a camera lens? We asked Zoriah Miller, who has documented the wars in Iraq, Afghanistan, Gaza, and many other places.Read More
MRC analysts examining all coverage on ABC's World News Tonight, the CBS Evening News, and the NBC Nightly NewsContinue...Read More
The results of the survey by the London Bullion Market Association of analysts' predictions for the gold price in 2019 is another example of just how unpredictable financial markets have become.The LBMA, a standards setting body for the industry, says the average forecast by the 30 analysts polled calls for a modest 1.8% gain in the price this year. However, two-thirds of the analysts see gold rea...Read More
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries' political Continue...Read More
* Industry one of biggest consumers of power* Deeper power cuts risk production, jobs* Some eyeing own power generation* But say face red tapeBy Tanisha Heiberg and Zandi ShabalalaJOHANNESBURG/LONDON, Feb 18 (Reuters) - South African utility Eskom imposed the worst power cuts in several years on homes and businesses last week, conjuring up memories of the 2008 crisis when the grid nearly collapsed...Read More
2018 is over and now the effects of the new tax law are starting to be take hold. Clearly the upper middle class and working rich have taken a major hit, especially those in high-tax states. While there were some benefits spread around, the loss of the State and Local Tax Deduction has cost select groups billions. This is leading to an exodus from these states to lower tax ones. You need only resi...Read More
Jason talks about a how Fed's Brainard has done a 180 from her comments in September 2018 to advocating last week for QT to end by the end of 2019.1) Brainard Becomes First FOMC Member To Urge Ending Balance Sheet Unwind In 2019 https://www.zerohedge.com/news/2019-0...2) Fed's Brainard says an inverted yield curve won't get in way of rate hikes https://www.marketwatch.com/amp/story...Read More
JAKARTA, Feb 18 (Reuters) -* PT Freeport Indonesia's copper concentrate export permit expired on Feb. 15, and the company has not received export recommendations from the mining ministry that will help it to obtain a new permit, company spokesman Riza Pratama said on Monday in a text message.* The unit of Freeport McMoRan for the time being is shipping part of its production to its smelter in East...Read More
CIS export slab prices have increased by $15-25 per tonne fob over the past week amid limited availability of the material and the continuing price increases in the finished flat steel sectors both in the CIS and in customers' own markets.Fastmarkets' weekly price assessment of the CIS export slab price surged to $475-485 per tonne fob Black Sea on Monday February 18, against $460 per tonne fob Bl...Read More
"The worst thing people can do is walk. If they walk, they are walking away on the future of this country-period. The globalists absolutely win if you walk away, and that is what they want. The globalists are petrified. . . . They fear our numbers. There is free information and content on DaveJanda.com. To buy a copy of Dr. Janda's book "The Awakening of a Surgeon," click here.Read More
"The MOU and next week's talks both show that the seemingly endless China-U.S. trade negotiations, like a marathon, are making a final sprint." Continue...Read More
Prior to the Democrats becoming the anti-American political party of Identity Politics, whites, blacks, and Puerto Ricans could laugh at themselves and at one another. Dean Martin turnedContinue...Read More