Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.Read More
Mike Maloney has been giving updates on the 'Death of the Global Dollar Standard' since 2009...join him in this latest video as he discusses one of the biggest nails in the dollar's coffin to date. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly r...Read More
Prices for imported and domestic rebar in the United Arab Emirates have increased over the past seven days, but demand was still weak, sources said on Tuesday July 2.The reason for the higher prices for rebar was increases in the prices for raw materials.Fastmarkets' daily index for Northern Europe-origin HMS 1&2 (80:20) scrap was calculated at $292.09 per tonne cfr on July 1, compared with $273.8...Read More
In a few days July 4th will be upon us. We will hear endless nonsense from insouciant speakers and editorialists about what a great democracy we are, having wonContinue...Read More
"You know, no matter how you feel, but if you are standing there near to some very talented military people saying: 'I would rather attack them over there, than have them hit us over Continue...Read More
Links to slides and sources: https://www.itmtrading.com/blog/recen...Question 1. Brendan F: If world governments at some point enact gold confiscation will they be obliged to pay compensation at spot price before revaluing gold higher?Question 2. Walker V: Seems like Gold is on the move, but Silver is not moving in conjunction?Question 3. Horace T: do you think that the gold spot price manipulatio...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
It's clear that the Bolsheviks are no longer coming. They're here. And their movement is firmly entrenched. This isn't some fake news conspiracy theory. It's happening.Continue...Read More
Just days after reaching an agreement with China not to intensify the Sino-American trade war, the U.S. government has threatened tariffs on $4 billion of additional EU goods.Continue...Read More
Donald Trump did the unthinkable. He went to North Korea. He stepped over the line in the sand demarked by Washington protocol for nearly seventy years.Continue...Read More
I am pleased to announce that it is my intention to nominate Christopher Waller, Ph. D., Executive VP and Director of Research, Federal Reserve Bank of St. LoContinue...Read More
The last time we saw this ratio where it is now was back in 1993. What happened next made smart Continue...Read More
China's domestic rebar prices retreated on Tuesday July 2 after Tangshan eased its steelmaking restrictions for July.Domestic Eastern China (Shanghai): 4,000-4,030 yuan ($584-588) per tonne, down 30-40 yuan per tonneNorthern China (Beijing): 3,950-3,980 yuan per tonne, narrowed downward by 10 yuan per tonneChina's steel production hub in the northern region released a notice on Tuesday detailing l...Read More
The company remains in the first of a planned two-phase capital improvement project. Yamana Gold Inc. (YRI:TSX; AUY:NYSE; YAU:LSE) announced in a news release its revised guidance for Jacobina in Brazil and an update on its plan to boost production there.Management increased production guidance for 2019 to 152,000 ounces of gold from 145,000 ounces. Guidance for 2020 and 2021 remain 160,000 and 1...Read More
Ferro-silicon prices in China increased sharply in the week ended Friday June 28, following a steady run of five weeks, after lower output and higher futures prices encouraged suppliers to raise their offers ahead of monthly tenders from Chinese steel mills.In Europe, the market has stemmed losses after a sharp fall the week before, but prices are seen as fragile in the near term because some cons...Read More
It was a quiet day of trading ahead of the Fourth of July holidayIt was a quiet day of trading ahead of tomorrow's abbreviated session and the Fourth of July holiday on Thursday, with the Dow exploring a relatively tight 117-point range on both sides of breakeven. Most of the action was to the downside as Wall Street faded upbeat U.S.-China trade headlines from the weekend and reacted to the Trump...Read More
A bearish signal just flashed on the charts for STM, in the wake of yesterday's surgeSTMicroelectronics N.V. (NYSE:STM) saw a huge pop yesterday, on the back of a major rally for the semiconductor sector. The 4.2% bull gap marked STM's fourth consecutive win and its best day in months, too. The stock is threatening to snap its win streak today though, down 1.8% to trade at $18.02, dampened by bro...Read More
One trader may be initiatingmassive short call position in the November seriesChesapeake Energy Corporation (NYSE:CHK) stock is down 3.9% today at $1.88, sinking as oil prices sell off on global demand worries. The big price move has sparked a rush of activity in CHK's options pits, and while most of the action has occurred on the call side, it's got a notable bearish tilt.At last check, 178,086 c...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More