The most important indicator of the gold price's direction is investment demand for the metal, said Jeff Christian, managing partner of CPM Group, and investment demand is still at historically elevated levels.0:00?EUR< - Gold standard4:25?EUR< - Central bank buying gold7:12?EUR< - Gold vs investment demand13:40?EUR< - Inflation in the 1980s15:44?EUR< - Are we getting hyperinflation?18:24?EUR< - N...Read More
Bob is the created and owner of Trade Genius Academy. Bob begins the conversation with how the economy will fare under the Biden administration. The economy will begin to fall apart as his administration implements new policies. Bitcoin is now rising and it will not stop gold will follow. The [CB] is now panicking over another currency and they will try to stop it by using information or any other...Read More
Market Reporter Walter Bloomberg is reporting that Russia's wealth fund is planning on buying more physical gold: https://mobile.twitter.com/DeItaone/s...?EUR
Markets rally as the rotation to value and dividend stocks continues.Treasury yields slip.Big moves in oil and dollar.Gold and silver take a hit.Unemployment and trade deficit numbers dangerously high.Powell's tool will turn the economy from recession into a depression.FOMC looking to advance a political agenda.Infrastructure spending is not stimulus.Despite more competition, Disney+ subscription...Read More
Blog: https://www.itmtrading.com/blog/infla...?>>?Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independen...Read More
"They are killing us like birds or chickens, even in our homes." "We will keep protesting regardless... We must fight until the junta falls."Continue...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
When do we stop allowing people like Fauci, the CDC, Joe Biden, Donald Trump and Governors along with various health departments to lie through their teeth about virtually everything related to this virus?Continue...Read More
Gold has taken a hit this year, no doubt about it. Since peaking over $1,950 in early January, the price of gold has fallen to $1,725 today.Continue...Read More
We are dealing with the dark forces behind the curtain. After these pictures, you can bet nobody will ever be allowed to take photos from these angles ever again.Continue...Read More
"By our measures, the bubble is not what it was in 2000 and not what it was in 1929," he says. "But it's kind of like halfway there."Continue...Read More
"It's politically unrealistic to expect the Government to backtrack now"Continue...Read More
While everyone was paying attention to the FOMC, Gold & Silver, and the Treasury Yields, it appears the recent commodity rally trend Continue...Read More
Russia's Finance Ministry has allowed the National Wealth Fund (NWF) to diversify its assets by investing part Continue...Read More
The rapid increase in Covid-19 infections in Brazil, a shortage of auto parts and the decision by authorities to bring holidays forward prompted at least four more Brazilian automakers to suspend their production sites in the week to Friday March 26, Fastmarkets understands. Renault, Daimler under its Mercedes-Benz brand, Nissan and Toyota are the latest manufacturers to announce a suspension of a...Read More
The Hybrit joint venture in Scandinavia is to build the world's first production plant for fossil-free direct-reduced iron (DRI) in G??llivare, Sweden.Set up by Swedish steelmaker SSAB, and two state-owned entities - iron ore producer LKAB and energy group Vattenfall - Hybrit's demonstration plant will be ready to produce 1.3 million tonnes of fossil-free DRI in 2026, the companies said this...Read More
China exported 1.81 million tonnes of hot-rolled coil in the first two months of 2021, an increase of 150% from the same year-earlier period, according to the country's customs data.Vietnam was the biggest buyer of Chinese HRC in January and February with 709,228 tonnes, accounting for 39% of China's total exports. China's exports of hot-dipped galvanized flat steel also exceeded one million tonne...Read More
The Shanghai Futures Exchange's plans to list ferro-chrome futures, potentially this year, will bring welcomed hedging opportunities and may weaken the dominance of China's stainless steel mills in the ore and alloy markets, participants told Fastmarkets.While no definite date or specifications of the ferro-chrome futures have been announced, Fastmarkets asked participants what changes these contr...Read More
Usually after a London Metal Exchange discussion paper there is a decent idea of what the outcome is likely to be. But this time around, it seems much harder to tell which path the LME will take. The proposals under debate include the permanent closure of the exchange's open outcry trading floor, known as the ring, which dates back to 1877. They also include the incentivization of electronic trade...Read More
When considering the prospects for the new Shanghai International Energy Exchange (INE) copper contract, a senior executive at one of the world's largest metals trading companies quoted Hamlet's soliloquy in the Shakespearian play of the same name."In terms of promotion of the internationalization of the renminbi and weakening of the pricing power of the [London Metal Exchange] and CME: 'To be or...Read More