MOSCOW-MMK, one of Russia's largest steel producers, has postponed a decision on the restart of hot-rolled steel production at its Turkish plant because of general market uncertainty, the company said on a conference call on Friday.The company will consider restarting the MMK Metalurji complex in mid-2019, it added.(Reporting by Diana Asonova; Writing by Polina Devitt; Editing by David Goodman and...Read More
MOSCOW, Nov 2 - Russian steelmaker MMK reported its strongest quarter in a decade on Friday but it postponed the relaunch of steel production in Turkey and warned that falling prices could hit profits in its final quarter.The relaunch of hot-rolled steel production at its Turkish site was delayed earlier this year due to rising trade tensions and a surge in protectionist measures.MMK's third-quart...Read More
TOKYO, Nov 2 - Japan's top steelmaker Nippon Steel & Sumitomo Metal reported a 4 percent fall in recurring profit for April-September due to rising costs and slower-than-expected output, but it stuck to its full-year forecast."Domestic steel demand is expected to remain healthy, but we see growing uncertainty over an impact on (the) global economy from US-China trade frictions," Nippon Steel Execu...Read More
RIO DE JANEIRO, Nov 2 (Reuters) - Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices for its highest quality ore above $90 per tonne in 2019, an executive said.Chief Financial Officer Luciano Siani said the Chinese demand would also support prices for average q...Read More
Hedge fund managers sit at the top of the financial world's food chain. They're generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns - for clients who can afford the high fees.But lately things haven't worked out that way. Hedge fund managers appear baffled by the behavior of...Read More
Yikes. The stock-market rollercoaster ride is enough to get any investor a little nervous. Yet, so far swings in the Dow Jones Industrial Average's DJIA, -0.43% and S&P 500 SPX, -0.63% are still only a tremor on any longer-term view. Stock prices are higher than they were even one year ago. Nonetheless for many investors it's an overdue reminder that stock prices can fall - and fall a long w...Read More
Hedge fund managers sit at the top of the financial world's food chain. They're generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns - for clients who can afford the high fees.But lately things haven't worked out that way. Hedge fund managers appear baffled by the behavior of...Read More
The slides for this presentation can be viewed here:http://gata.org/files/GATA-NOLA-2018-PPT-PDF-11-1-2018.pdf* * *SLIDE 1 -- TITLERemarks by Chris PowellSecretary/Treasurer, Gold Anti-Trust Action Committee Inc.New Orleans Investment ConferenceFriday, November 2, 2018Since we met at this conference last year much new evidence of manipulation of the gold market by central banks and their bullion...Read More
By John MauldinZombies and UnicornsMissing InvestmentThe Deficit and Debt Drag on the EconomySwimming in LiquidityWork Your IRA Like a MuleGermany, Georgia, and ThanksgivingBut, like Cinderella at the ball, you must heed one warning or everything will turn into pumpkins and mice: Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful....Read More
Hedge fund managers sit at the top of the financial world's food chain. They're generally seen as the smartest money managers, and their companies have the most flexibility to pursue new opportunities. The result is supposed to be the best possible returns - for clients who can afford the high fees.But lately things haven't worked out that way. Hedge fund managers appear baffled by the behavior...Read More
By Gary TanashianIt's an over obsessed upon commodity, previously hyped for its (Hubbert's) "peak" status by "experts" like T Boone Pickens and a whole clown show of promoters amplified by the media at the time.Now WTI Crude Oil has reached a thick resistance zone (as managed in NFTRH for the last couple of years) and may be breaking down from a peak of a whole other kind. Here is the monthly ch...Read More
The Morgan Report's Weekly Perspective is our free e-newsletter. Our free e-newsletter will keep YOU in the top 3% of the Informed, the Awake, and the Aware.Join our Free weekly e-letter...http://www.themorganreport.com/joinfreelist Read More
Dear Friend of GATA and Gold:Writing in the October edition of The Alchemist, the magazine of the London Bullion Market Association, former French central bank official Isabelle Strauss-Kahn acknowledges that central bank officials notice and are sensitive to complaints that they are manipulating the gold market. She also claims that central bank operations in the gold market have become more tr...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Two jobs to stay afloat. Shrinkflation. Record Debt. The Fed is destroying the Middle Class. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound m...Read More
Striking workers at Gold Fields have blocked access to the company's South Deep mine in South Africa and are intimidating other employees, spokesman Sven Lunsche said.A small team of workers is only able to perform essential services like pumping water from the mine, Lunsche said Saturday by phone. The strike, involving more than 3,000 workers, started Friday afternoon to protest the gold miner's...Read More
Jesse Ventura and Brigida Santos discuss President Trump's role in inspiring three violent acts across the country over the past week, including a mail bombing campaign and the murder of eleven Jewish people at a synagogue in Pittsburgh. They also discuss the so called migrant caravan and reveal why there is so much confusion over a border wall renovation project in California. Later in the show J...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. 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, BusinessWeek, Tim...Read More