Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Comey was essentially "running a covert operation" against Trump - which began with a private "defensive briefing" shortlyContinue...Read More
Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians that lied and over-promised cushy retirements to voters that they knew could not mathematically be paid for at the state and local level without bailouts from the US federal government (US taxpayer then screwed over) and the Federal...Read More
"At some point, the grains will be the biggest winner."Read More
Looks like gold has broken out just as Gerald Celente was expecting. And now it's going to get worse. Seems like there's nothing that can stop the trends that are currently taking place. Gerald has a lot more forecasts and you'll have to listen to find out.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2...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
"We are a nation of laws. Undocumented workers broke our immigration laws, and I believe that they must be held accountable, especially those who may be dangerous."Continue...Read More
"OpenAI and Microsoft's vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, including global Continue...Read More
Why is no one in the D.C. political class and media bubble really talking about the Jeffrey Epstein affair? They will mention it casually, but they prefer to allow the Squad to callContinue...Read More
The ratio of the Gold Bugs Index (HUI) to the gold price essentially remains near its lowest levels on record. Continue...Read More
It was a huge week for the gold stocks. GDX gained nearly 7% while GDXJ surged over 10%. Continue...Read More
Import prices for steel slab in Southeast Asia and East Asia inched lower over the past week because of sluggish demand.Producers in Brazil were unwilling to lower their offers below $420 fob due to the high cost of raw materials, sources said.Slabe from the Commonwealth of Independent States (CIS), meanwhile, was available at $445-450 per tonne cfr Southeast Asia. Buyers in Indonesia in...Read More
Jason received more information about China's real estate bubble from one of his mainland China sources including some anecdotes about how owners of houses don't want renters.Dinny McMahon | Debt, Dysfunction, and the End of the Chinese Miracle https://youtu.be/EXwXz5WqUsESomething Just Broke In China As Repo Rate Soars To 1,000% Overnight https://www.zerohedge.com/news/2019-0...Jason Burack is an...Read More
China's rebar prices increased slightly on Monday July 22 on concerns that the country's steelmaking hub in the north would tighten production curbs over the remainder of this month.Domestic Eastern China (Shanghai): 3,970-4,000 yuan ($577-581) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,900-3,930 yuan per tonne, up 10-20 yuan per tonneA steelmaker in Tangshan was reported to have i...Read More
Fastmarkets is proposing changes to the specifications of its price assessment for steel slab imports, cfr Southeast Asia/East Asia, $/tonne.The proposed amendment to the quantity of slab cargoes to be assessed is made in response to changing market conditions. This will enable Fastmarkets to take more cargoes into consideration when making the weekly price assessment.The full specifications, once...Read More
The company has completed 6,500 meters of its current phase 1 program. GT Gold Corp. (GTT:TSX.V) announced in a news release the results from the first six holes of its 2019 drill program at its flagship Tatogga project in British Columbia.The goal of the 10,000 meter (10,000m), phase 1 exploration program is to expand the high-grade Saddle North copper-gold porphyry discovery there, and the late...Read More
The silver market is on the upswing but consolidation could be in the offing, according technical analyst Clive Maund. Some weeks back we had correctly surmised that gold's gathering strength would rub off on silver and cause it to start catching up, so we bought a range of silver ETFs and stocks, a move which has paid off well as they have spiked quite dramatically in the recent past.Starting wi...Read More
Technical analyst Clive Maund charts the latest moves in the gold and precious metals markets. It's a case of "so far so good" for gold, which is breaking out on schedule from its giant, complex, head-and-shoulders base, which may also be classified as a saucer base, as can be seen on its latest 10-year chart.On the four-year chart we can see that gold's breakout move last month has resulted in i...Read More
Fastmarkets has discontinued the publication of the stainless steel grade-304 Europe raw materials index, with effect from Monday July 22.After a two-month consultation period, Fastmarkets has decided to discontinue the assessment of the stainless steel 304 index domestic, exw EU.This index, which was intended to represent the costs of the raw materials needed to produce grade-304 stainless steel,...Read More
China is imposing anti-dumping duties on imports of stainless steel billet, slab, hot-rolled plate and coil produced in the European Union, Japan, South Korea and Indonesia, the country's Ministry of Commerce said on Monday July 22.The duties will apply for five years beginning on July 23 after a final ruling in an anti-dumping investigation found that the imports caused substantial dama...Read More