The sun will rise. Destruction is not inevitable.Self-destructive behaviors affect individuals, cities and nations. They include opioid addictions, alcohol abuse, excessive debt, corruption, negative interest rates, chemically poisoned food, wealth taxes, insolvent pension plans, insane spending, and hundreds more.Narrow the focus to fiscal and monetary behaviors. The self-destructive list remai...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
The market for CIS export steel billet finally saw a thaw in buying activity in the week ended Friday March 22 despite the fact that not all customers were ready to accept the prices being offered by mills.Offers from CIS producers for April- and May-rolling material varied within the range of $460-465 per tonne fob Black Sea, while most bids were still lower than $450 per tonne fob Black Sea.The...Read More
By: Dave Kranzler"You've really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period." - Josh Friedman, Co-Chairman of Canyon Partners (a "deep value," credit-driven hedge fund)The Fed's abrupt policy reversal says it all. No more rate hikes (yes, one is "scheduled" for 2020 but that's fake news) and the balance sheet run-off is being "tapered" but will...Read More
TOPICS IN THIS INTERVIEW:02:40 Manipulation' analysis of precious metals07:10 Is the Gold bull market confirmed, alongside equities?12:10 The biggest losers of an economic reset21:30 Palladium's physical shortage exposing Gold and Silver's price manipulation!30:10 "2019 is reminiscent of 2010!"Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF...Read More
COLORADO SPRINGS, March 21, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced ongoing Mirador Mine development crosscut six (6) meters of the Independencia vein which assayed 992 grams per tonne (g/t) silver. Mineral from this new area is now being processed at the Company's milling facility. Earlier drill results from this area inc...Read More
So much for the 2858.75 print in the E-Mini S&Ps earlier this week that I'd said might mark an important top. Thursday's muscular short squeeze impaled this 'Hidden Pivot' resistance, leaving the futures above it at the close. It also put in play an alternative scenario I'd mentioned i.e., a move above 3,000. The chart shows a 'secondary pivot' at 3005.63 that can serve for now as a minimu...Read More
"The Fed has effectively broadcast the message: WE WERE WRONG."Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America....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
Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. Erik and Dave discuss the FOMC policy shift, market topping formation and ask if we are headed for an earnings recession. They further discuss treasury bonds and what is in store for the corporate bond markets. They leave things off by discussing modern monetary theory, helicopter money and Ben Bernanke's playbook from 2002.Read More
Journalist Miranda Knox conducts an investigation into whether or not our phones are really listening to us when we've been told they aren't...Continue...Read More
Initial results from Argo Gold's (CNSX: ARQ; US-OTC: ARBTF) 2,500 metre winter drill program at its 100% owned Woco gold project near Ontario's Red Lake district have confirmed high grade results reported by previous operators.The company has so far received results for five holes drilled at the Woco mineralized zone, previously identified in 1993. Two of those holes did not encounter any signifi...Read More
With each passing month, we're greeted with more evidence of a fact that The Federal Reserve has no idea what it's doing. For many of us, this is not the least bit of a surprise. Central planning of the economy cannot work. Yet, never ones to admit that they're wrong, the main job of a central planner is to find just one more way to kick the can down the road. Eventually, they must run out of sche...Read More
"The key now is the dollar."Read More
Mickey discusses his outlook for the gold market, copper and uranium along with the strategies he recommends for investors in the mining sector. He is positive on the price of gold for several reasons. Copper inventories are low while few mines are coming online. Uranium requires patience as it's a difficult market to see the complete picture, but he remains bullish.Time Stamp References:0:40 - Th...Read More
Paulson & Co. isn't the only Newmont Mining Corp. shareholder that's expressing concerns over the terms of the gold miner's $10 billion purchase of Goldcorp Inc."I think Paulson has a valid point," said Joe Foster, a portfolio manager at VanEck - one of the biggest Newmont shareholders. When the deal was inked, investors were unaware of the "outrageous payouts" that would be given to Goldcorp exec...Read More
Jason talks about the Powell Fed's announcement this week how rate hikes (for 2019 at least) are over and QT is also over. On this very dovish news, more than 50% of the US yield curve goes inverted.Read More
"You've really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period." - Josh Friedman, Co-Chairman of Canyon Partners (a "deep value," credit-driven hedge fund)Continue...Read More
Prices in the domestic rebar market in Egypt decreased in the week ended Thursday March 21 on a lack of trading activity, Fastmarkets has heard."There is a feeling that prices will drop further so everyone is in wait-and-see mode," a local source told Fastmarkets."Besides," he added, "the government has begun big projects and, although...Read More
"The United States and our like-minded partners remain committed to achieving the final, fully verified denuclearization of North Korea and believe that the Continue...Read More