SBTV spoke with Lynette Zang, Chief Market Analyst at ITM Trading, about where the world is headed to from this crisis and how gold and silver are the best assets to protect wealth during these times.Discussed in this interview:06:38 Gold for wealth preservation, silver for barter13:51 Not time to be complacent, time to prepare17:04 Decent amount of gold and silver to have21:00 Mixed feels over ec...Read More

"The Governing Council continues to stand ready to adjust all of its instruments, as appropriate, to ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry," Continue...Read More

"If a city or a state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them," said Trump.Continue...Read More

An autopsy report written by the Hennepin County Medical Examiner's Office also showed trace amounts of fentanyl and methamphetamine in his system.Continue...Read More

The price of gold ought to be falling. But it isn't. Let's explore what's happening with the price of gold and why.Continue...Read More

The construction ban in Egypt killed off activity in the domestic rebar market in the week to Thursday June 4, but steel billet import prices increased because of higher offers from the CIS, sources told Fastmarkets.No improvement in demand was anticipated any time soon because all construction activity in Egypt's was halted late in May.On May 21, Egypt's president Abdel Fattah el-S...Read More

China's domestic rebar market maintained its upward trend on Thursday June 4 on early gains experienced by rebar futures, though high temperatures in several regions weakened demand.Domestic Eastern China (Shanghai): 3,620-3,650 yuan ($508-513) per tonne, up by 10 yuan per tonneThe most-traded October rebar futures contract rose to a high of 3,679 yuan per tonne in the first hour of trading. This...Read More

Stainless steel prices in China were mostly stable over the past week despite soft demand and recent gains in the price of nickel, sources said. The three-month nickel contract on the London Metal Exchange has averaged $12,707 per tonne so far in June, compared with $12,204 per tonne in May.DomesticFastmarkets' weekly price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex...Read More

Big tech companies led the declines todayIn a sharp turn from an optimistic start to June, Wall Street's disappointment with jobs data took its toll, sending stocks mostly lower to close out the day, snapping a four-day win streak for the Nasdaq and for the S&P 500. The Dow barely scraped together an 11-point gain, while the SPX and Nasdaq dropped off, as shares from FAANG stocks Facebook (FB), A...Read More

SPX's standard deviation is usually slimmer-than-usual after major protestsAlthough it may not be as conspicuous on Wall Street, Main Street has been gripped by the protests and civil unrest overthe death of George Floyd. All 50 states have engaged in protests against police brutality and systemic racism since late May, and the tensions have been exacerbated by U.S. President Donald Trump's thre...Read More

Deutsche Bank raised its price target to $57 from $28The shares of casino stock Eldorado Resorts Inc (NASDAQ:ERI) are up 8% at $41.98, after receiving a price-target hike from Deutsche Bank to $57 from $28. The firm said though that many investors believe the sector could be in for a rough patch, due to social distancing and the long-term economic effects of coronavirus, it sees "new margin peaks...Read More

J M Smucker's fourth-quarter profits and revenue were better than Wall Street expectedThe shares of J M Smucker Co (NYSE:SJM) are down 4.2%, last seen trading at $109.09, despite the food and beverage manufacturer reporting fiscal fourth-quarter profits of $2.57 on revenue of $2.09 billion. Both top-line results were higher than analysts' estimates, thanks to increased consumer demand resulting...Read More

Implied volatility on FDX options is at historically low levelsShipping giant FedEx Corporation (NYSE:FDX) is in the news today, after announcing it was tacking on delivery fees to U.S. shipments. The move represents an effort to combat lagging business amid the coronavirus pandemic and subsequent shutdown of the economy. At last check, FDX is down 1% to trade at $136.61, but the trouble could jus...Read More

REGN is up 106.5% in the last nine months, but already down nearly 2% in JuneOver the past two weeks, we've been exploring some of the best S&P 500 stocks to own in June, historically. Now, with help from Schaeffer's Senior Quantitative Analyst Rocky White, we'll shift gears and focus on 25 of the worst performers this month, looking back over the past 10 years. One notable name on the list is Reg...Read More

The Dow is trading just below breakeven at middayStocks are struggling for direction at midday, with the Dow JonesIndustrial Average (DJI), S&P500 Index (SPX), and Nasdaq Composite (IXIC) all sporting shallow losses. The tech-heavy Nasdaq-100 Index earlier hit a new record high and there's optimism following the European Central Bank's historic stimulusprogram, but worse-than-expectedjobless...Read More

Nio stock hit a record high in vehicle deliveries for MayThe shares of Nio Inc (NYSE:NIO) are up 5.2% at $5.89 at last check, following a report on May deliveries and an announcement by chief financial officer Steven Feng that the company expects to achieve its second-quarter delivery goal. The China-based electric vehicle manufacturer delivered 3,436 vehicles in May, a record high, which led to a...Read More

Simon Property Group is suing apparel retailer Gap for overdue rent and other chargesThe shares of Simon Property Group Inc. (NYSE: SPG) are up 2.4% at $74.57 this morning, after the biggest mall owner in the country sued apparel retailer Gap (GPS) for more than $65.9 million in missed rent payments and overdue charges, according to a lawsuit filed Tuesday in Delaware state court. Gap is not the...Read More

Ciena Corporation's second-quarter profits and revenue were better than Wall Street expectedCiena Corporation (NYSE:CIEN) stepped into the earnings confessional this morning, reporting fiscal second-quarter profits of 76 cents on revenue of $894.1 billion, both of which were higher than analysts' estimates. According to a report from AlphaStreet, the network strategy and technology company suspen...Read More

The Fed's latest interest rate decision is due out on WednesdayIt's looking like a relatively quiet week, as far as earnings and economic data go. With earnings season in the rear-view, a few names are still trickling down with quarterly reports, including Stitch Fix (SFIX) and Lululemon Athletica (LULU), as well as jewelry staples Signet Jewelers (SIG) and Tiffany & Co (TIF). Investors will sift...Read More

Meanwhile, the European Central Bank increased its stimulus programAfter the stock market's three-day rally, futures onthe Dow Jones Industrial Average (DJI) are down almost 100 points below fair value this morning. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also drifting lower, after weekly jobless claims came in at 1.9million, surpassing the 1.8 estimates. That makes it now 12...Read More