Jason talks about the Euro Dollar, Jeff Snider's Euro Dollar University on Macro Voices, currency swaps, QE and China. Basically all of the new liquidity pumps installed since 2008 because "it's all about liquidity."Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St,...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
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Peter Schiff discusses the uptick in Russia's gold-buying and why it makes some western analysts nervous.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...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
The worst fears of Julian Assange's legal team have just been realized. Just as Wikileaks' editor in chief anticipated, theContinue...Read More
President Donald Trump is participating in a "disturbing trend," dating back to the Woodrow Wilson presidency, of United States presidents acting toContinue...Read More
CIS billet producers further increased their export offers on Thursday May 23, still buoyed by last week's halving of import taxes on Turkish steel by US president Donald Trump.The US import tax on Turkish steel products is now in line with products from most other countries at 25%, and the US move improved market sentiment generally and resulted in higher scrap prices.CIS...Read More
Bitcoin is back! So say the true believers, even with Friday's flash crash. But there less there than meets the eye.Continue...Read More
My readers know that I'm a longtime critic of bitcoin. Bitcoin rose from about $2,000 in May 2017 to $20,000 by December 2017 in one of the greatest asset price bubbles in history.Continue...Read More
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.Read More
1:12 Unicorns: Where's the beef?11:06 This Compass points away from the profits15:38 European credit, a bird's-eye view23:02 Covenant erosion on either side of the Atlantic29:33 Information asymmetry and liquidity in the secondary marketJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is th...Read More
"There was almost no change in the (ex-tariff) border prices of imports from China, and a sharp jump in the post-tariff import prices matching the Continue...Read More
With so much talk about $1,220 gold I wanted to ask Jordan Roy-Byrne, Founder of The Daily Gold about what he is seeing in the chart. We also look at GDX and silver in terms of another solid bottom.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market ti...Read More
Toronto-based Iamgold has released the latest results from the winter drill program at its Lac Gamble zone at the Rouyn gold project 4 km south of the town of Rouyn-Noranda. The project is optioned from Yorbeau Resources.Highlighted results:Hole GA-19-682: 12.0 metres grading 3.56 g/t gold, including 0 metres grading 5.33 g/t;Hole GA-19-690: 7.8 metres grading 11.02 g/t gold, including 5.0 metres...Read More
Canada-based B2Gold Corp. is considering buying an idled Zimbabwean gold mine - if it can be exempted from a law that requires producers to sell all the metal to the country's central bank, people familiar with the situation said.If a transaction with owner Metallon Corp. is concluded, B2Gold will invest $150 million to $200 million developing the Shamva gold mineSecuring an exemption may open the...Read More
Ongoing stoppages at Newmont Goldcorp Corp's Penasquito gold mine in Mexico are costing "millions" every day to both public coffers and the company, a senior Mexican official said on Thursday, urging a solution that will restart operations.Speaking to reporters in Mexico City, Francisco Quiroga, the deputy economy minister responsible for mining, said he wanted operations at the country's largest...Read More
Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) said Thursday it had begun commercial production at its Gold Bar project in Nevada, US, which is expected to generate 50,000 bullion ounces this year.The Toronto-based miner also said Jack Henris will be in charge of operations. Henris has years of experience in mine management, having worked at Newmont for 12 years and at Barrick f...Read More
Prices for Turkey-origin steel billet have gone up in all markets over the past week since news was heard of the removal by the United States of its extra import duty on Turkish steel, sources said on Thursday May 23.The prices for steel scrap products have gone up significantly but the rises in billet prices have not yet aroused purchasing activity, with buyers either taking a wait-and-sea approa...Read More
Many people think that the current fiat money regime can go on forever and point to Japan as a prime example. Afterall, their economy collapsed in the early 1990's after decades of rapid economic growth. In 1992 the BOJ began a never ending series of "extraordinary policy" as they experimented with, and expanded the central bank took box. Today, the global central banks look to Japan as a monetary...Read More