When last we left the 3 Metallic Amigos... I can't remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical gold, attractive silver and bouncing (but not yet bullish) copper. So here's today's update on these Amigos.Gold is testing the high today after not even pulling a 38% Fib retrace. A real bull market launch may not pull...Read More
China will allow 15,000 tonnes of ferrous scrap to be imported in 2019, according to a notice seen by Fastmarkets MB this week.The China Solid Waste & Chemicals Management Center listed nine companies in Zhejiang province that have been awarded quotas to import ferrous scrap through ports in the cities of Ningbo and Shanghai. The companies, listed below, can use their quotas in the third and fourt...Read More
- David HaggithIf you're a Trump supporter, you're going to hate this article and love it; likewise, if you are a Trump hater. I am going to lay out evidence that Trump is either the biggest moron of a president the US has ever had but also my own 4-D chess explanation that would make him cunning if true. Which is true, I have no idea; but I will lay out equally strong arguments for either vie...Read More
- Gary ChristensonCity One: DebtapolisIn this fictional world a financial genius and his offspring executed a brilliant plan over several centuries.The government authorized his bank to create and print paper money, backed by gold or silver.The bank accepted gold, silver and other valuables as deposits into its vaults, and loaned paper money to governments, businesses, politicians, and individ...Read More
Fastmarkets proposes to amend several semi-finished products' price assessment specifications in response to changing market conditions.The amendments will include new payment terms, tonnages and timing.The proposed amendments will allow Fastmarkets to consider more spot liquidity within its assessments of billet prices in Egypt, the United Arab Emirates, Turkey and Iran as well as the Iranian sla...Read More
The prime reason for the rise in gold is short covering apart from recession concerns. Trade war is here to stay. IMF chief Lagarde moving to lead European central bank chief is also one the possible reason. Investment demand is on the higher side with every rise in gold price. Hopefully silver will now try and catch up with the gold price rally. Opec has expressed concerns over a weak demand....Read More
For Part 1 of this interview, CLICK HERE- Some gold buyers and investors in online gold platforms are "having difficulty getting their gold ... and their cash"- "Hearing more and more unfortunate stories and I will not mention names" - Jim Willie- Physical gold and silver are safe havens but only if you own coins and bars in the safest of ways- Do not hold gold in a pool allocated format via a web...Read More
Danielle DiMartino Booth of Quill Intelligence says she is concerned that having the IMF's Christine Lagarde as the ECB chief could cause the public to perceive the central bank as being more political and possibly less independent.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,...Read More
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 money, personal liberty, free markets, and international peace throughout his political career...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
International Correspondent at LibertyNation.com. Onar is a Norwegian author who has written extensively on politics, technology, and science. He has Continue...Read More
Despite military involvement in 75% of the world, mainstream news outlets always stop short of calling out American aggressions...Continue...Read More
For Part 1 of this interview, CLICK HERE"I always say the same thing...right now, people say 'well, I can't afford gold,' then buy silver. Silver is so undervalued today. I can buy silver for two bucks, I can go to a coin dealer and buy a dime for two bucks, ten cents for two bucks, so everybody can do something to get what I call real money, not fake money." Robert Kiyosaki is best known as the a...Read More
Ronald discusses the potential for trust problems within the banking system and why these types of issues can happen quite quickly. His annual report "In Gold we Trust" looks at the problems looming in the financial sector.Trust in the political system, media, and science all appear to be crumbling at the moment. However, trust in the economy and the U.S. dollar remains reasonably stable. A moneta...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
Christine Lagarde, the head of the IMF, will become the head of the ECB. Already, she has made a fool out of herself.Continue...Read More
The yield on the 10-year Treasury continues to fall lower in a sign that things in the economy may not be as rosy as some would have you believe.Continue...Read More
Things are set for yet more dangerous intercepts and incidents in the South China Sea this summer given Beijing just announced it had closed off an area of the sea near theContinue...Read More
As time goes by, Keith Weiner and others are more and more convinced that the long awaited bull market in gold has finally arrived. Both from a technical and fundamental point of view, there is agreement among most that this bull is the real deal. Of course anything can happen, and probably will, but things are looking up. And Keith has developed a way to play this market through gold bonds, his u...Read More
Demand for flat steel in Turkey failed to improve in June even after the United States halved its import tariffs for Turkish steel to 25%, market participants told Fastmarkets.And local producers have now filled their order books until late August, they said on Wednesday July 3. Turkish steel prices started to rise on May 17 after US import duties of 50% introduced in August 2018 were cut to...Read More