The world's central banks are like a bunch of kids playing bumper cars. You control your collisions with one pedal, you can take your foot off the gas to slow down, or you can depress it to speed up. Either way, there's going to be a pile up. Now it looks like the Fed has gotten back into the action and who knows when the fun will stop. Perhaps with a massive power failure like Venezuela. In other...Read More
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More
Jason talks about the US Dollar Index and some analysis from David Brady, CFA who says that the US Dollar Index will not go above 98 as well as many other important news stories.Read More
Scrap prices in Turkey's domestic market have shown mixed dynamics over the past week, sources told Fastmarkets on Monday March 11.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,700-1,820 ($312-334) per tonne delivered on Monday, narrowing upward from the TRY1,650-1,820 per tonne of last week.The slight change in the assessment came after a numbe...Read More
You are probably familiar with the most printed book in the world: the Bible. But you've probably never even heard of the second-most printed book. It's known as theContinue...Read More
The House of Representatives recently passed legislation that would expand the national background check system to require almost everyone selling firearms, including private collectors who supplement their incomes by selling firearms at gun shows, to perform background checks on the potential buyers. The bill has a section purporting to bar creation of a national firearms registry. However, the e...Read More
02:00 Populism and the silent coverage of the global yellow vest revolution06:00 Is the population on the verge of civil unrest?11:35 An out of control money supply with an out of control government20:35 Governments scrambling for gold, what's driving the 21st century gold rush?24:25 The fall of the American empire and the rise of a socialist empire38:55 Bob Moriarty's latest workBob brought 321go...Read More
This was going to be the year when the other big central banks joined the Fed in "normalizing" interest rates and reversing the past decade's QE experiment. Instead, the other Continue...Read More
Iron ore prices continued to fall on Monday March 11, with buyers cautious amid retreats in the futures and swaps markets.MB 62% Fe Iron Ore Index: $83.79 per tonne cfr Qingdao, down $1.98 per tonne. MB 62% Fe Pilbara Blend Fines Index: $83.19 per tonne cfr Qingdao, down $1.98 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $85.66 per tonne cfr Qingdao, down $2.59 per tonne. MB 58% Fe Premium Ind...Read More
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. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"I'm not for impeachment," Pelosi said in a soon-to-be published interview conducted by The Washington Post Magazine.Continue...Read More
Oregon is set to become the first state to impose mandatory rent controlsContinue...Read More
What in the world are they teaching to our young people? As you go through the list of college course titles below, I am sure that many of you will be completely shocked. Continue...Read More
Sound money advocates rejoiced today as the West Virginia legislature overwhelminglyContinue...Read More
The CIS export billet market was rather quiet in the week ended Monday March 11. Producers preferred to stay back from the market and assess the situation, indicating offers within the range of $460-465 per tonne fob Black Sea.Meanwhile, customers showed little interest in imported billet because they considered the offer prices to be too high, and could not relay those costs to buyers of finished...Read More
China's domestic rebar prices were largely flat on Monday March 11 amid thin trading, with news of the Chinese government working on legislation related to a property tax having a dampening effect on sentiment in the market.Domestic Eastern China (Shanghai): 3,790-3,810 yuan ($564-567) per tonne, narrowing upward by 10 yuan per tonneNorthern China (Beijing): 3,750-3,800 yuan per tonne, unchangedA...Read More
Russian gold and silver producer Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent, the company said on Monday. Gold reserves rose 21 percent to 22.3 million ounces, while silver reserves fell 15 percent to 135 million ounces last year, Polymetal said.Mineral resources rose 44 percent to 26.3 million ounces of gold equivalent, the company said.(By...Read More
Import prices for steel slab in Southeast Asia and East Asia increased during the past week on higher offers and bids, although trading remained sluggish due to the persistent bid-offer mismatch.Fastmarkets' weekly import price assessment for slab imports to Southeast Asia and East Asia was at $475-495 per tonne cfr on Monday March 11, up $15 per tonne from a week earlier.One cargo from the Common...Read More
Chrome prices were rising in China in the week ended Friday March 8 due to expectations of higher alloy tender prices for April and lingering concerns about power supplies. UG2 price jumps by $11 per tonne Turkish lumpy chrome ore price stirs Imported and domestic ferro-chrome prices rise in China Alloy prices rise in Japan, South Korea and Europe Alloy prices weaken in US.Chrome ore and ferro-chr...Read More
A Canaccord Genuity report reviewed and discussed these drill results and their implications. In a March 5 research note, Canaccord Genuity analyst Kevin MacKenzie reported that MAG Silver Corp.'s (MAG:TSX; MAG:NYSE.MKT) just released drill results from Juanicipio revealed high-grade intercepts that "highlight exploration upside on multiple fronts."In its recent drilling of 48 holes covering 46,...Read More