"When the Federal Reserve bank signaled that they were going to permanent quantitative easing, I said look, that's the bottom for bitcoin, that was about $3,200 on bitcoin, because they're making it clear now that there's going to be no accountability by the Fed. They're going to print ad infinitum, ad nauseum, there's going to be no rollback, no kind of attempt to balance their books." Max Keiser...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
Domestic and import prices for rebar have remained stable in the United Arab Emirates over the past week, but the import price for steel billet has increased by $3 per tonne, sources told Fastmarkets on Tuesday May 14.Domestic rebarLocal rebar producers in the UAE kept their prices unchanged for May production material, with demand subdued by the start of the Islamic holy month of Ramadan this wee...Read More
I think that ultimately what they really want is they want to go after journalists," Manning said. "This administration clearly wants to go after journalists."Continue...Read More
Last week the New York Times published some of President Trump's 1980s and 1990s tax returns information. The information detailed President Trump's financial difficulties during that time. While you would not know it from reading some media reports, this is old news. In fact, President Trump openly discussed his financial difficulties on his popular reality television show.What should be of great...Read More
The West is breaking down. Democracies seem unable to handle the onslaught of problems being thrown at them. According to Alasdair Macleod, Russia and China will be the last men standing once this economic cycle reaches its unhappy conclusion. Perhaps the rest of the world will wind up emulating their oppressive systems. It's happened in history before, and there's definitely a large rhyme taking...Read More
Today's guest, David Moadel, joins us to share his thoughts on the financial markets, the United States - China trade war and the importance of thinking about alternative approaches to investing.David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/qa-ly...Question 1. Marc T: you say the Fed is out of tools, but what about buying equities? Do you think they're already doing that covertly? They also haven't tried negative rates yet. If Japan and Europe are any indication, these "tools" could be used to kick the can down the road for a LONG time, right?Question 2. Tony L: Bank of...Read More
It is clear QE is dead. However, at the same time it has trapped all central banks. I am preparing an important paper on this subject. It is complicated, but it is the very reason why the West Continue...Read More
"The most important thing is that in the China-US trade war, the US side fights for greed and arrogance ... and morale will break at any point. The Chinese side is fighting back to protect its Continue...Read More
"We're going to take the highest year, the biggest purchase that China has ever made with our farmers, which is about $15 billion, and do something reciprocal to our farmers so Continue...Read More
The federal government spent $2,573,708,000,000 in the first seven months of fiscal 2019Continue...Read More
German steelmaker ThyssenKrupp expects the global steel market environment to remain challenging in 2019, amid "continuing global overcapacities, ongoing risks from trade uncertainties, [and] sharply rising iron ore prices," the company said on May 14.Fastmarkets' 62% Fe iron ore index averaged $82.41 per tonne cfr Qingdao over the first quarter of 2019, compared with $74.39 per tonne cfr in the f...Read More
Earlier this month the World Gold Council published its quarterly report- and it shows that central banks and foreign Continue...Read More
Tavi discusses his bullish thesis for gold. Their strategy is to look at historical trends for value-opportunities and to find a contrarian position. He feels that the United States is close to the top of the economic cycle and that gold will do well in the coming period. He cautions that inflationary issues could begin to play out as we move into the next election cycle.0:30 - Tavi's bullish thes...Read More
The key executives behind Goldcorp's Coffee gold project in Yukon are back, this time leading a new junior miner called Tectonic Metals Inc. The company is seeking to raise C$5 million through a special warrant financing and pursuing a direct listing on the TSX Venture Exchange.Tectonic was founded nearly two years ago by Eira Thomas, Tony Reda and Rob Carpenter, who were key executive members of...Read More
Toronto-based junior miner Orvana Minerals (TSX: ORV) posted a relatively strong fiscal second quarter ended March 31, 2019, with good performance from its two operating mines: the Don Mario gold mine in Bolivia and the El Valle gold-copper mine in Spain.Orvana recorded net income of $3.3 million on $36 million in revenue during the past quarter, compared with a net loss of $3.5 million on $37 mil...Read More
Eastmain Resources is pleased to report results for 7 drill holes (1,767 metres in the 2019 winter program at the Percival discovery on its 100%-owned Clearwater Property in James Bay, Quebec. Winter drilling is now complete, with 17 drill holes totalling 4,659 metres. Assays are pending for the 4 remaining holes of the program.Program highlights include:Identification of 3 main east-trending zone...Read More
The Queensland Resources Council has welcomed the State Government's decision to grant Resolute Mining nine new mining leases as part of a $150 million project to extend the life of its Ravenswood gold mine operations in north Queensland.QRC Chief Executive Ian Macfarlane said the announcement by Natural Resources, Mines and Energy Minister Dr Anthony Lynham would secure the 280 existing jobs and...Read More
The introduction of new, tougher standards together with recent case law, point to a harsher, less forgiving approach to enforcement and larger fines for regulatory non-compliance and failings in relation to environmental and social governance.European law firm Fieldfisher has observed a notable uptick in enquiries from mining clients on how to comply with increasingly strict standards on environm...Read More