Jason talks about how hedge funds are now record short the Cboe Volatility Index or (VIX) betting on Fed rate cuts, QE4 and the Powell put.After rising for many months, the VIX got to 36.07 on December 24, 2018 (Christmas Eve) before crashing since then to as low as 12.73 on the day of today's show. Hedge Funds Are Shorting the VIX at a Rate Never Seen Before https://www.bloomberg.com/news/articl....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
After trip to Russia to meet Putin, Kim Jong-Un returned home by private train early on Saturday, according to the KCNA news agency. The footage aired by state TV showed crowds and officials lining the platform, waiting for their leader's arrival.Read More
China's domestic rebar prices held steady on Monday April 29 despite a strengthening of the billet and futures markets ahead of the Labor Day holiday from Wednesday until the end of the week.Domestic Eastern China (Shanghai): 4,050-4,100 yuan ($602-609) per tonne, unchangedNorthern China (Beijing): 3,950-4,000 yuan per tonne, unchangedRebar futures strengthened during the day after the price of bi...Read More
"We are cultivating a culture where all people are respected, welcomed and celebrated as their authentic selves. Conducted an audit of our culture and are implementingContinue...Read More
To put into perspective how overvalued and dangerous the US market has become; I often cite the figure of total market cap to GDP-currently 145% of the economy. How high isContinue...Read More
Australia's Newcrest Mining Ltd on Tuesday reported a 8 percent rise in third-quarter gold output, but was lower than the preceding quarter, hurt by lower production at its flagship Cadia mine.The country's largest independent gold miner's total gold production for the three months to March 31, came in at 623,124 ounces compared with 575,791 ounces a year ago. However, it marks a near 5 percent de...Read More
Crista Huff is the lead analyst of Cabot Undervalued Stocks Advisor, where she combines a strict fundamental methodology with technical analysis, to identify growth and value stocks whose charts are turning bullish.She believes that the recent stock market highs are a sign of strength not weakness. She's still finding undervalued stocks using her proprietary screen.Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Jason talks about how desperate EU politicians may be about to walk into a very large debt trap from China1) China's Banks Are Running Out of Dollars https://www.wsj.com/articles/chinas-b...2) Great Financial Crisis Ten Years On: Past Role and Current Risks from China | Anne-Stevenson Yang https://www.hiddenforces.io/podcast/c...3) Juncker Rips US Stance On Huawei: EU Won't Ban Firm "Just Because...Read More
Russian miner Nordgold (LON:NORD) invested $70 million last year in its Guinea-based gold mine, $22 million more than the total allocated in 2017, the company said on Monday.Nordgold, which spun off of Russian steelmaker Severstal in 2012, said the funds allowed it to both, extend Lefa mine's life and improve efficiencies at the operation.The gold producer, which acquired the mine in 2010, said it...Read More
Peter Boockvar, CIO of Bleakley Advisory Group and editor of the Boock Report, returns to Real Vision to discuss his bullish outlook on copper. He notes electric vehicles as one of main drivers for future demand, highlights the supply deficit situation, and considers Southern Copper as the way to trade his thesis, in this interview with Jake Merl. Peter Boockvar is the Chief Investment Officer of...Read More
"We have received inquiries about a visit to the White House. With several players either pursuing pro opportunities or moving on from UVA, it would be difficult, if not impossible to Continue...Read More
ePower Metals (TSXV: EPWR) announced that it has entered into a binding letter of intent with Minera Alamos for the assignment of the option to earn a 100% interest in the Los Reyes gold project located in the northwestern state of Sinaloa, Mexico.In a press release, the Vancouver-based miner explained that the LOI stipulates a 30-day period to enter into a definitive agreement.At present, Minera...Read More
Russian gun rights activist and graduate exchange student Maria Butina was sentenced to 18 months in prison last week for "conspiracy to act as a foreign agent without registering." Her "crime" was to work to make connections among American gun rights activists in hopes of building up her organization, the Right to Bear Arms, when she returned to Russia.She was not employed by the Russian governme...Read More
Newmont Goldcorp Corp (NYSE: NEM) (TSX: NGT) said Monday it will temporarily halt operations at its Pe??asquito gold mine in Mexico due to illegal blockade by a trucking contractor and some members of the Cedros community. Access to the site has been blocked since March 27.The world's largest gold producer by market value, output and reserves said it remained committed to "good-faith dialogue" wi...Read More
The import price for steel slab in Southeast Asia and East Asia was unchanged over the past week with producers in the regions hiking up their asking prices despite muted buying interest.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $470-480 per tonne cfr on Monday April 29, unchanged from a week earlier.No deals were heard during the week to Monday,...Read More
The company's Manitoba assets were discussed in a CIBC report. In an April 18 research note, analyst Oscar Cabrera reported that CIBC raised its target price on HudBay Minerals Inc. (HBM:TSX; HBM:NYSE) to CA$10.50 per share from CA$9.50 following a management-led presentation and site visit to the company's Manitoba, Canada, projects. In comparison, HudBay is trading at around CA$8.90 per share....Read More
It is the company's second asset acquisition on a particular Quebec property. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release it acquired, for CA$600,000, a 2% net smelter return (NSR) royalty on the Fenelon mine property, operated by Wallbridge Mining Co., in Quebec. The transaction closed April 15, 2019. This 2% NSR is the second one that Ely acquired on Fenelon, ha...Read More
These final results are from an extensive drill program launched in 2017. Dark Star with Sentinel in the backgroundGold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release that the final drill results from its 2019 phase 1 program further delineate the presence of gold in the northern portion of its Dark Star deposit.The campaign for this deposit at the company's Railroad-Pi...Read More