By: Ira EpsteinLatest on gold, silver and more..Read More
By Avi GilburtPease note: This article was originally posted on FATRADER.com on Thursday May 22 before the breakout in bonds.I have written many times about how the Fed follows the market and does not lead it. And, we are about to see yet another example of history's lessons.For those that followed our work over the years, you would know that we called for a top to the bond market on June...Read More
[Jim Grant is an old-school observer of this economic age and one of its most brilliant commentators. Following is the speech he gave in accepting the 2019 Bradley Prize, which recognizes those who have helped further the principles and institutions of American exceptionalism. RA]Ladies and gentlemen, it's a blemish on the age that so many of us know the name of the Federal Reserve chairman. In...Read More
How's this for a study in contrasts: One of the world's biggest coal miners effectively says the industry is dying just days after Australia's opposition party suffered a shock election loss, partly blamed on its failure to unambiguously back a new coal mine.BHP Group Chief Financial Officer Peter Beavan told a strategy briefing on Wednesday that the world's biggest mining company has "no appetite...Read More
In the most current "Global financial Stability Report" the IMF (International Monetary Fund) examined the vulnerabilities In a Maturing Credit Cycle" which is really a discussion on the end stage of the currency fiat money financial system. Like every aggressive disease, if you don't make the life style changes that have a chance to reverse the disease, the most likely outcome is the death of the...Read More
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