Seaborne iron ore prices went down further on Thursday July 16 with few deals done in the seaborne market and persistent concerns of weak demand due to floods in southern China, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $112.30 per tonne, down $0.68 per tonne.62% Fe low-alumina fines, cfr Qingdao: $113.05 per tonne, down $1.06 per tonne. 58% Fe fines high-grade premium,...Read More
Stefan Gleason, Money Metals ExchangeSummer doldrums? Not for precious metals markets!In early July, gold and silver each broke out to fresh multi-year highs. The yellow metal is within striking distance of new all-time highs and the headline worthy figure of $2,000/oz.The white metal, meanwhile, has a lot of catching up to do. And as it does, the gains in percentage terms could be explosive.Sil...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
By: Jan Nieuwenhuijs, Voima GoldResearch reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.In my view, the current fiat international monetary system is ending unconventional monetary policy has entered a dead end street and can't reverse. I...Read More
Gary Tanashian, NFTRHThe Continuum (monthly 30yr yield with the 100 month EMA 'limiter') simply states that the economy was weakening, as were inflation expectations, before 2020. In early 2020 we got a real deflationary jolt from which asset markets are still clawing back, with full frontal inflationary support from a Federal Reserve desperate to keep asset owners whole (and further enriched) a...Read More
Every since the outbreak of covid-19 we've wondered why the virus hits some people like a ton of bricks while barely inconveniencing others. Now we think we have a clue. New data suggests that the specific types of T-cells you have in your immune system determine how severely your body will react to the coronavirus upon infection. As this dynamic becomes better understood (lots more research neede...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
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
"America is a corrupt nation. We lost our soul. We lost our spirit."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, foun...Read More
Abigail Shrier is an author, journalist, and writer for the Wall Street Journal. Her new book is "Irreversible Damage: The Transgender Craze Seducing Our Daughters."Read More
Academics, if they are white, live in fear of their jobs. Professors lost their authority when administrations ceased backing them and instead allowed student complaintsContinue...Read More
The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed.Continue...Read More
Lawrence Lepard, Managing Partner with Equity Management Associates, just released a report that lays out the coming debt crisis in all its apocalyptic glory. Continue...Read More
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.c...Read More
President Trump won't sign a new coronavirus relief package unless Democrats agree to a payroll tax cut, according to Politico, citing three anonymous sources 'close to the issue.'Continue...Read More
"We have it totally under control." "It's one person coming in from China, and we have it under control. It's going to be just fine." Continue...Read More
Exactly how many people are still out of a job or out of work remains in the eye of the beholder. But with 32 million people still receiving unemployment compensation under state and Continue...Read More
Florida's COVID-19 deaths increased by 156 to a total of 4,782, surpassing its previous one-day record of 133 new deaths on July 12.Continue...Read More