The NSA has been caught illegally collecting Americans' phone metadata yet againContinue...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
Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized Continue...Read More
Bitcoin leads the way once again as the Bad Guys figure out ways to "Control" the price with new derivative futures. Also, another Silver Rigger has turned State's Evidence against J P M?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedic...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Bitcoin continued its parabolic move higher, surpassing the $13,000 mark on Wednesday and in the process notching a 17-month highContinue...Read More
This weekend's meeting between Presidents Trump and Xi will likely set the stage for the U.S. economy moving forward into 2020Continue...Read More
Iron ore prices rebounded on Wednesday June 26 amid strong activity on trading platforms.MB 62% Fe Iron Ore Index: $117.63 per tonne cfr Qingdao, up $3.17 per tonne. MB 62% Fe Pilbara Blend Fines Index: $115.67 per tonne cfr Qingdao, up $2.41 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $117.85 per tonne cfr Qingdao, up $2.14 per tonne. MB 58% Fe Premium Index: $104.52 per tonne cfr Qingdao, d...Read More
UBS said on Monday that the world's economy is on the razor's edge of a recession, meaning the Federal Reserve could cut interest rates soon. Central banks tend to ease Continue...Read More
Remember when it was pure tinfoil-hat conspiracy theory to accuse one or more banks of aggressively, compulsively Continue...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
Seth Harp is a contributing editor at Rolling Stone. He covers armed conflict and the military, and has also written for The New York Times, The New Yorker, and Columbia Journalism Review.Continue...Read More
Fastmarkets is extending until July 31 the consultation period for its proposal to launch a daily containerized steel scrap cfr Vietnam assessment.Responses to the original consultation could not definitively define the liquidity of a daily spot market and its suitability for a daily price assessment.The proposed specification is as follows:Assessment: Steel scrap HMS 1&2 (80:20) containerized imp...Read More
Turkey produced 14.297 million tonnes of crude steel in January-May 2019, down 9.97% from the 15.880 million tonnes produced in the first three months of 2018, according to the Turkish Steel Producers Association (T???oeD).The fall in output was largely due to the negative sentiment that has been dominating Turkey's domestic steel market since August last year, when the country's lira lost signifi...Read More
For over four years on both the www.Montrealanalyst.com and www.Canadianmineanalysis.com sites, we have stated repeatedly that the brokerages and bankers have been manipulating the price of gold down to keep it down. Yes, it is illegal and if we or you engaged in the same manipulation, we would be sentenced to prison (the "Big House") for a long "stretch." We also have advised again and again...Read More
Findings suggest a significant new style of mineralization is present there. Lion One's Tuvatu ProjectLion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release that the first set of diamond drill results from its Tuvatu project in Fiji are strong and include the longest mineralization interval seen there to date.These initial findings are from six holes drilled in the northern par...Read More
China's rebar prices were unchanged on Wednesday June 26 amid softer spot demand and a slight rise in the futures market. Domestic Eastern China (Shanghai): 3,900-3,950 yuan ($567-574) per tonne, unchangedNorthern China (Beijing): 3,770-3,800 yuan per tonne, unchangedRebar futures edged up during the day but failed to push up spot prices.Continual rain in eastern China this week dampened end-user...Read More
Japan's Tokyo Steel has cut its ferrous scrap purchase price for the sixth time in June on the back of squeezed margins and weak demand.The country's largest operator of electric-arc furnaces, and the domestic benchmark price-setter for ferrous scrap, lowered its purchase prices by ?500-1,000 ($4.67-9.34) on Wednesday June 26.The reduction resulted in the mill paying ?27,000 per tonne...Read More
Key data from the Fastmarkets' Wednesday June 26 pricing session in Europe.Key drivers The European ferro-titanium price fell for the fifth consecutive week after six weeks of stability. Demand has been quieter since an initial bout of short-covering in mid-April when major European producer FE Mottram stopped production after a fire damaged its UK plant.FE Mottram aims to restart production aroun...Read More
* Bitcoin at 18-month high* Analysts point to safe-haven bids, Libra enthusiasm * Biggest cryptocurrency up more 260% since January * Bitcoin's CME futures spur buying activity (Adds analyst comments, new bitcoin high, updates prices, addsNEW YORK to dateline)By Gertrude Chavez-Dreyfuss and OLGA COTAGANEW YORK/LONDON, June 26 (Reuters) - Bitcoin jumped to an18-month high on Wednesday, as investors...Read More