The economic sanctions imposed by the United States against Iran since early August have had direct and indirect negative effects not only on the Middle Eastern country's steel exports but also on its domestic consumption.This may lead to lower steel output by the country in the future, Fastmarkets was told on Thursday November 29.The first tranche of sanctions imposed by the US was intended to pr...Read More
By Stefan GleasonOne of the greatest asset bubbles of all time appears to have just burst.It's not the stock market. Despite recent downside volatility amidst bubble-like valuations, so far stocks have merely entered a correction.Cryptocurrencies, on the other hand, have entered into a full-blown meltdown. Bitcoin will go down in history for its extraordinary rise from zero to a high of $19,783...Read More
Dear Friend of GATA and Gold:Questions are asked to get answers, but refusals to answer may be enough to permit conclusions to be drawn and thus in effect constitute answers as well.With all these recent refusals to answer, who really cannot believe that governments and central banks long have been manipulating the gold market so they might control the currency markets and thereby defeat all mar...Read More
Powell spoke yesterday. The gold market considered his remarks as dovish. And the market is always right, isn't it? Just Below Neutral On Wednesday, Powell delivered a speech "The Federal Reserve's Framework for Monitoring Financial Stability" at The Economic Club of New York. The majority of analysts judged the speech as dovish. Why? The key reason was Powell's view that interest rates were c...Read More
Wednesday's monster rally was just the beginning of a surge that can end only when the last die-hard bear has thrown in the towel. Although the short-covering panic goosed stocks into the clouds, the wild-blue-yonder, blow-off phase lies just ahead. Hundreds of stocks, most crucially AAPL, lifted from the danger zone, shifting the herd's tiny, fevered brains from bearish to bullish in the space...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More
The market for pig iron exports from the Commonwealth of Independent States was stable despite worries about shipments from Ukraine being interrupted because of the country's current restrictions under martial law, sources told Fastmarkets on Thursday November 29.Fastmarkets' CIS export price assessment for high-manganese pig iron was unchanged at $355-365 per tonne fob Black Sea on November 29.Uk...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
Link to Slides and Sources: https://www.itmtrading.com/blog/enter...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need t...Read More
I've posted 884 articles on my website about how Deutsche Bank is the lynch-pin for the Derivative Meltdown that takes DOWN the Evil Banking Cabal...so the news today of a RAID with 170 Cops is HUGE!!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com....Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Egon von Greyerz of GoldSwitzerland.com about the credit cycle turning and what's next for gold. And, if gold rallies, what happens to precious metals? They also discuss Venezuela's gold being held hostage by the Bank of England.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...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
A six-year-old boy in Texas is being treated like a girl by his mother while acting like a normal boy at his father's house. Now she's accusing the father of child abuse. Continue...Read More
The following story's been on my radar for a while, but it wasn't until I read the fictional-sounding article published in The Nation yesterday that I finally turned my focus on the issue.Continue...Read More
Did you watch my video two Fridays ago? If not, check it out here. I explained how gold bugs are giving you dangerous advice about gold as an investment.Continue...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
Jason talks about his research into GE and how there's a much larger problem in corporate bonds and corporate debt than just General Electric (GE).1) When Blue Chip Companies Pile on Debt, It's Time to Worry https://www.nytimes.com/2018/11/26/op...2) Lawmakers consider multibillion-dollar bailout for troubled pensions, retirees https://www.washingtonpost.com/amphtm...Read More