By: Gary Christenson, The Deviant InvestorThe welfare people and the warfare people control congress, appropriations, corruption and national policies. Implications are grim.If a nation subsidizes butter, it will get more butter. The U.S. and most other western governments subsidize welfare and warfare. Those expenses inevitably increase and are inescapable, like the mathematics of debt.The U.S...Read More
Iranian billet exporters increased prices for foreign customers in the week ended Wednesday March 13, following improved demand in the major outlets.Several cargoes of billet scheduled for shipment in April were reported sold to Asia around $395 per tonne fob.But there were also several cargoes on the same delivery terms sold to North Africa and Asia within the range of $400-405 per tonne fob.In s...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
Jordan Roy-Byrne, Founder of The Daily Gold joins me to address how the precious metals have been performing compared to some other key markets. We start with the gold to S&P ratio which some commentators have been noting gold's better performance. However a long term chart is showing a different picture. Next is how the USD is impacting the metals. A lot to consider but always remember that these...Read More
China's domestic rebar prices sustained some upward momentum on Wednesday March 13 on steady demand and gains in the billet market.Domestic Eastern China (Shanghai): 3,810-3,850 yuan ($567-573) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,790-3,830 yuan per tonne, up 10 yuan per tonneRebar futures dropped in the afternoon, which slowed down trading activity in the spot market. But bu...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
"I think when they start to try to reflate the assets in stocks, real estate and in bonds, they are just going to prick the dollar bubble, and that's when we have a real crisis. . . . The dollar is going to collapse, and America's days of living beyond its means is going to come to an end." Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gol...Read More
"For months we have been urging Dow to end the unnecessary test and release the dogs to us...We have gone to considerable lengths to assist the company in doing soContinue...Read More
Facebook is undergoing a criminal probe into data-sharing deals it made with at least two other technology companies, the New York Times reported on Wednesday.Continue...Read More
Gordon T. Long joined us for a discussion of the emerging deDollarization trend. Besides being a diversification/defensive move for other nations, it's also a reaction to government efforts to impose American Justice outside US Borders. The US enemies list keeps on growing. Can we continue on like this and for how long? Gold has clearly been a beneficiary of this trend. It's back over $1300 again....Read More
Today at 4:15pm EDT, DoubleLine founder Jeff Gundlach is holding his latest live webcast open to investors and casual listeners, titled enticingly 'Highway to Hell', and which Continue...Read More
The world seems to be moving toward complete control over the freedom of movement. Most likely, we are approaching that critical point where governments are Continue...Read More
Tsvetana is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Continue...Read More
A September 2010 memo by a US-funded soft power organization that helped train Venezuelan coup leader Juan Guaido and his allies identifies the potential collapse Continue...Read More
The World Gold Council has issued quite a few interesting papers recently. In this edition of the Gold News Monitor, we discuss the most provocative ones. Such as the money worthiness of gold compared to Bitcoin. Or the ongoing gold repatriation trend as Romania recently joined the fray. What kind of learnings can the precious metals investors draw here?Cryptocurrencies Are No Substitute for GoldI...Read More
Europe's leading economic policy makers have officially thrown in the towel. Last week, the European Central Bank admitted economic conditions are so dire Continue...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Canada has been selling off most of its remaining gold reserves to the general public. TheyContinue...Read More
Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los Filos underground mine.The study outlines development of the Bermejal underground mine, enlarging the Los Filos open pit, creating two distinct phases for the Bermejal pi...Read More