CloseGain/LossGold $1283.00+$0.80Silver$15.51+$0.04XAU70.94+0.40%HUI160.71+0.08%GDM586.15-0.39%JSE Gold1397.58+21.83USD96.79+0.65Euro113.44-1.15Yen91.69+0.46Oil$46.54+$1.1310-Year2.655%-0.028T-Bond146.96875+0.96875Dow23346.24+0.08%Nasdaq6665.94+0.46%S&P2510.03+0.13% The Metals: Gold gained $6.50 to $1288.70 in late Asian trade before it dropped back under unchanged at $12...Read More
Dec.18 -- Billionaire investor Stanley Druckenmiller discusses the outlook for the U.S. economy, his investment strategy for stocks and bonds, President Donald Trump's attempts to sway Federal Reserve policy and the prospects for a solution to the U.S.-China trade dispute. He talks with Bloomberg's Erik Schatzker.Read More
By Stefan GleasonPrecious metals markets enter 2019 with an opportunity to shine. Several major bullish drivers are lining up to start the New Year - including technical, fundamental, monetary, and political drivers.Before delving into each of them, let's consider where we've been over the past 12 months.To be frank, 2018 wasn't a particularly bright year for gold and silver prices. Gold will fi...Read More
Much about 2019 is uncertain. But a few things are pretty much guaranteed, including the following:Government debt will rise at an accelerating rateLike a life-long dieter who finally gives up and decides to eat himself to death, the US is now committed to trillion-dollar deficits for as far as the eye can see. And that's - get this - assuming no recession in the coming decade. During the next d...Read More
Physical iron ore prices were largely rangebound on Wednesday January 2 amid mixed signals after the New Year long weekend in China.MB 62% Fe Iron Ore Index: $72.07 per tonne cfr Qingdao, down $0.66 per tonne. MB 62% Fe Pilbara Blend Fines Index: $71.90 per tonne cfr Qingdao, down $0.66 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $74 per tonne cfr Qingdao, down $0.12 per tonne. MB 58% Fe Prem...Read More
Erus Metals USA LLC has withdrawn from London Metal Exchange warehouse services, the exchange said on Tuesday January 1.Erus Metals USA is a subsidiary of Erus Metals Limited, the USA branch only had one warehouse left, in Panama City, Florida, which will now be delisted from the LME. According to exchange data in November, it held no LME stock.In...Read More
Join Mike Maloney for his latest in-depth forecast for the stock markets, gold & silver, and more speculative investments like cryptocurrencies and mining stocks. Will 2019 be the year that gold and silver finally assert themselves as THE safe-haven asset? Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold an...Read More
Part 1 (parts 2, 3 & 4 below)Part 2Part 3Part 4Read More
Public pensions & 401(k) plans are a crisis looming. John MacGregor joins Robert & Kim to discuss how these programs are unsustainable, and how they pose huge financial turmoil for the majority of the globe's population. This program is a must-listen for anybody relying on or participating in a public pension.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance...Read More
Import and domestic prices for rebar and billet in the United Arab Emirates were stable this week, with demand remaining poor, sources told Fastmarkets on Wednesday January 2.Domestic rebarLocal rebar producers had announced on December 20 that there would be reduced prices for material to be shipped in January. These prices came into effect at the time of the announcement.The country's largest pr...Read More
"Though Baquet said publicly he didn't want the Times to be the opposition party, his news pages were unmistakably anti-Trump...Some headlines contained raw opinion, as Continue...Read More
Ever since 1895, the media has alternated reporting between global cooling and warming scares and many times they have even been overlapping. Here are accounts from the press Continue...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/four-...The US government is now in its 12th day of an ongoing shut down, extending the political confusion that began in 2018. China's PMI didn't just show a slowdown, it showed a contraction. It wasn't just visible in china, South Korea was contractionary for the 2nd month, Taiwan's fell to a 3-year low, Malaysia PMI scored a record...Read More
Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Read More
Much about 2019 is uncertain. But a few things are pretty much guaranteed, including the following:Government debt will rise at an accelerating rateLike a life-long dieter who finally gives up and decides to eat himself to death, the US is now Continue...Read More
It's no secret that our Federal debt has more than doubled since the onset of the last recession in late 2007.It's gone from $10.1 trillion to $23.6 trillion. That's an 134% increase in just 11 years!Continue...Read More
The Japanese Yen just flash crashed, creating even more unease among already jittery investors. Got gold?Continue...Read More
Apple lowered its revenue estimate to $84 billion, down from its originial estimate of $89 to $93 billion Continue...Read More
When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee. According to the Book of Leviticus, the Jubilee existed because Continue...Read More