PreambleOne of the reasons given for allocating a portion of one's investment assets to the precious metals sector such as physical gold is that gold can be considered as an insurance policy against the devaluation of paper money. On my office wall I have framed various bank notes from an 'inflationary' period of time which include the following:2,000,000 marks, Germany 1923100,000,000 Pengos, H...Read More
By: Stewart Thomson 1. Chinese economic growth is probably the main driver of both physical gold demand and the global bull market in stocks. 2. Please click here now. I'm invested in China through ETFs, bank stocks, and... gold!3. With the possible exception of HSBC, most analysts in the West appear to be underestimating the resilience of a billion Chinese citizens working...Read More
By: Michael GolembeskyA Tale of Two QuartersAfter a wild and volatile final quarter in 2018 volatility instruments across the board have seen their levels continue to decline into the end of the first quarter in 2019.VXXB has witnessed a decline of over 45% since the highs that were struck in December and into the most recent lows. This 45% move has not come in a straight line as we have seen...Read More
As much as Democrats love wagging their fingers at all of us racists, homophobes and climate-changers, their first love, borne of longstanding political tradition, is kicking fallen bankers in the nuts. It doesn't hurt that in the eyes of the Democrats and America's flourishing grievance industry, many of the perps happen to be privileged white men. Wells Fargo's bankers in particular have been...Read More
By: Ira EpsteinGold neutral, the battle ground around current levels..Read More
Turkish steel mills continued to make deep-sea scrap purchases at a slow pace this week, while prices were going down, sources said on Wednesday April 10.A steel producer in the Marmara region booked a United States cargo, comprising 32,000 tonnes of HMS 1&2 (80:20) at $306 per tonne cfr, 6,000 tonnes of shredded at $311 per tonne and 2,000 tonnes of bonus at $316 per tonne cfr, late on April 9.Th...Read More
The vice president for marketing materials at BHP, Vicky Binns, has decided to leave the company after 10 years, industry sources said. Binns, a 35-year veteran in the industry, will step down from her role in Singapore at the end of September and return to Australia, where she had previously worked for the Macquarie Group and Merrill Lynch. She...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
Seaborne iron ore prices continued to slide on Wednesday April 10, while the seaborne spot market remained subdued with no open tenders being issued by the major miners.MB 62% Fe Iron Ore Index: $94.61 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.73 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $96.57 per tonne cfr Qingd...Read More
Jim Willie returns to SGT Report to discuss Basel III, QE to infinity and the armada of black swans telling us that something is very wrong. Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credent...Read More
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Unemployment is down & the stock market is up. Is the U.S. economy strong, as Donald Trump says? David Stockman, Ronald Reagan's budget director, joins Robert & Kim with his analysis of the good & bad of Trump's economic policies.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 Book...Read More
Dave Kranzler, editor of the Mining Stock Journal, provides his perspective on the current junior gold mining sector. He discusses three specific mining stock picks that he has featured in the Mining Stock Journal and explains why he likes them. Dave also shares his outlook on gold, the economy and the general equities markets. And he explains why he holds a bearish outlook for copper.0:05 Introdu...Read More
?>>?The dialogue includes an overview of the Presidential Cycle and US stock market performance.Stock indexes could climb to record highs if history acts as a guide amid fresh foreign capital inflows.Global investors seek out the key shares with big media exposure, such as the Dow 30 components.Martin Armstrong expects precious metals and equities based cryptocurrencies to outperform their peers.S...Read More
"Those crimes are lying to Congress, misleading Congress, leaking classified information."Continue...Read More
Sen. Rob Bradley's SB 82 prohibits a county or municipality from regulating vegetable gardens on residential properties, voiding any current regulations regarding the produce patches.Continue...Read More
As the Trump administration escalates its demands that the Fed cut interest rates by 50 basis points, DOUBLE DOWN asks Michael Pento if the economy is really as great Continue...Read More
Iranian steel billet and slab export prices fell in the week to Wednesday April 10 with new deals reported, but prices could soon rise in the wake of widespread flooding across the country.No production cuts have been confirmed by steel mills as yet, a trader told Fastmarkets, but he said the floods would be a reason for price increases. However, whether or not Iran's...Read More
Bob Moriarty, founder of 321gold, is not one to be shy about what he thinks. In this month's conversation Bob lays out why he thinks global equity indices are on the Continue...Read More
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission (BCSC) for making "false or misleading statements" regarding the Pascua Lama gold deposit in Chile.The panel also permanently prohibited any trading in or purchasing of securities of Mountainstar, previously Mountain-West Resources Inc. In addition to...Read More