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
Time Stamp References:1:05 - Comparing liquidity events.3:55 - Money velocity and the economy.7:00 - Assessing the stock market.11:15 - Custom indexes they use.16:30 - Interest rates and NIRP/ZIRP.19:00 - Fed to peg at Zero and getting yield.21:05 - Timing and price targets.David Rosenberg returns to discuss the current economic environment and how flattened yield curves are promoting liquidity is...Read More
We're not going to see 2019 levels of output until 2023 at the earliest. We're not going to see 2019 low levels of unemployment until probably 2025. We're not getting back there for three orContinue...Read More
"Influenza immunization will be required for all children 6 months of age or older who are attending Massachusetts child care, pre-school, kindergarten, K-12, and colleges and universities." Continue...Read More
While the media blames the crisis in Lebanon solely on corruption, the US government unleashed a "maximum pressure" campaign to push regime change and crush Lebanese resistance with sanctions and aggressive hybrid warfare.Continue...Read More
"I would expect it to be as mandatory as you could possibly make it." Continue...Read More
Lacy Hunt has not yet changed his mind on where bond yields are headed but he has his eyes on one thing that could change his mind.Continue...Read More
The volatility in the gold and silver markets has spiked significantly over the last month. And while few commentators have actually offered an explanation as to why that's happening, John Lee of Silver Elephant Mining, who predicted a $32 silver price last month when silver was trading at $18, joined me on the show to explain what's happening.Read More
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim's...Read More
The specifics of Troilus Gold's updated resource and the key points from the company's related technical call are presented in a Stifel report. In a July 29 research note, Stifel analyst Tyron Breytenbach reported that Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) recent resource update on its Troilus project in Quebec "sets the stage for a preliminary economic assessment (PEA) catalyst." "This pro...Read More
Liberty Gold reports testing yields 82.9% weighted average gold extraction from Idaho project. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release results from phase 2 metallurgical testing on oxide material from core taken from its Black Pine project in Idaho."The high and rapid recoveries, relatively insensitive to crush size, continue to support simple heap-leach processing,"...Read More
Based on these initial results, Nexus Gold expanded its drill program there. In a news release, Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) announced results of the initial six holes drilled recently at its McKenzie project in Ontario's Red Lake District."This is a really positive start. Visible gold in core is always exciting," Vice President of Exploration Warren Robb said in the release. Results...Read More
The price of hollow steel sections in Europe has remained stable over the past week despite previous expectations of an increase, with the slow summer activity precluding any changes, sources told Fastmarkets on Wednesday August 19.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?540-560 ($643-667) per tonne on Wednesday, unchanged week on week...Read More
A simmering dispute between Japan and South Korea is expected to inflict further damage on the trading relationship and diplomatic ties between the two countries, analysts told Fastmarkets this week.Two weeks ago, the District Court in Daegu, South Korea, approved the seizure of Nippon Steel assets in the country to compensate Korean men forced to work in Nippon's factories during the Se...Read More
Brazilian flat-rolled steel producer Usiminas has lost the lead in its domestic market due to its strong exposure to the automotive sector, which suffered greatly from the Covid-19 pandemic, sources told Fastmarkets.Brazil's steel industry took a heavy hit from regional restrictions in the country to contain the spread of the coronavirus. Demand fell significantly in April and recovered at a slow...Read More
A simmering dispute between Japan and South Korea is expected to inflict further damage on the trading relationship and diplomatic ties between the two countries, analysts told Fastmarkets this week.Two weeks ago, the District Court in Daegu, South Korea, approved the seizure of Nippon Steel assets in the country to compensate Korean men forced to work in Nippon's factories during the Se...Read More
After nearly 7 years of consolidation and mostly sideways trading, the silver price is finally experiencing a powerful breakout. It did not take long after breaking above the psychologically-important $20 level for silver to climb another nearly 50% toward $30 per ounce.The silver price has since corrected by 11% to the current price of $26.40, but remains up more than 45% in three weeks. Remarkab...Read More
Brazilian flat-rolled steel producer Usiminas has lost the lead in its domestic market due to its strong exposure to the automotive sector, which suffered greatly from the Covid-19 pandemic, sources told Fastmarkets.Brazil's steel industry took a heavy hit from regional restrictions in the country to contain the spread of the coronavirus. Demand fell significantly in April and recovered at a slow...Read More
BHP plans to shift its coal focus toward premium-quality coking coals and will look at options to divest three of its lower-grade coal assets, it said on Tuesday August 18.The strategic move by the Australian mining major is based on its judgment that premium-quality coking coal will be particularly advantaged over time due to the drive by steelmakers to improve blast furnace productivity and redu...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More