By: Ira EpsteinThe US Dollar very strong near two-year highs. Metals went into a state of collapse. Precious metals higher - fear will be needed to move the price higher..Read More
Vancouver, B.C. - May 27, 2019 - Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB:XXMMF) (the "Company" or "Ximen") is pleased to announce its option partner New Destiny Mining Corp. (TSX.v NED) has begun the 2019 field exploration program on the Treasure Mountain Silver Property, located near Tulameen, B.C. Drilling and Trenching has been approved under the company's current work permit.The...Read More
Here we go again. The Fed evidently has begun "conditioning" our "expectations" for a new season of quantitative easing. Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens is the headline atop a news story concerning a NYC panel discussion moderated by the central bank's vice-chairman. This is just what Wall Street and other promiscuous abusers of credit have been praying for l...Read More
If gold has not risen to $1350 in the next two weeks, then when will it rise? Apart from a strong US everything is bullish. (a) Trade war is between USA-China, USA-Eurozone. (b) Friendly Mexico will be imposed twenty five percent tariff until it stops illegal migrants from entering USA. (c) Every corporate is now cautious dealing with American companies and has starting taking measures to redu...Read More
The workable price for pig iron in the United States fell in the week to Friday May 31, mainly due to reduced demand for hot-rolled coil, sources told Fastmarkets.Earlier in the week, several pig iron cargoes were booked from Russia and Ukraine at about $350-355 per tonne cfr, which was slightly down on bookings in earlier in May, which were done at around $355 per tonne cfr. B...Read More
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a p...Read More
*This debate took place at the 2019 SALT Conference which took place November 19-21, 2019.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...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Russia and China are leading a worldwide gold-buying spree in an effort to transcend the global reliance on the US dollar as the world reserve currency. Peter Schiff, CEO of Euro Pacific Capital, joins Rick Sanchez to discuss the imminent demise of the dollar. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his...Read More
In this interview, some of the things we discuss include:- The Global Reset and the New Silk Road Order- De-dollarization and the move away from the US Dollar- The global loss of confidence in the United States- China & Russia's global expansion- The death of the Petro-dollarAnd of course......we discuss Jim's bombshell revelation and analysis of the Trump, Putin & Xi meetings, held in secrecy, in...Read More
Remember Shakespeare's line "he jests at scars that never felt a wound?" That epithet could have been written with National Security Continue...Read More
Brazil-based miner Vale said fragments of the northern slope of the Gongo Soco mine pit slipped early on Friday May 31 but did not have any adverse effects on the nearby Sul Superior dam."These pieces settled gently at the bottom of the pit, with early assessments indicating that the wall is sliding gradually, verifying evaluations that any further slippage should occur without major consequence,"...Read More
A few short weeks ago, the economy seemed to be growing, the trade war looked winnable and the Mueller Report appeared to take presidential impeachment off the table. And then...Continue...Read More
(Adds details, quotes, background)By Stefano Bernabei and Giuseppe FonteROME, May 31 (Reuters) - The Bank of Italy warned on Fridaythat the country's $2.6 trillion of debt may swell this year bymore than the government forecasts and called for "credible"measures to curb it.Concerns over Italy's public finances have driven up Rome'sdebt costs since a populist government took power a year...Read More
Best-selling author and former hedge fund manager James Altucher is not backing down from his $1-million-dollar bitcoin call that he boldly made back in 2017. Read More
? We review Danielle's market calls from her Christmas 2018 newsletter to see how they performed ? Danielle says USD has reached her upside target and trajectory from here is less clear ? Danielle still sees lower treasury yields, low inflation, and lower commodity prices on the horizon ? But she emphasizes that investors must stay nimble, because a change in political winds in favor of Modern Mo...Read More
Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into"Continue...Read More
North Korea has executed five officials for their role in the failed second summit between President Trump and Kim Jong Un, according to a South Korean newspaper.Continue...Read More
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and Continue...Read More