The UK market for deliveries of steel scrap to domestic consumers has increased again month on month, on tighter scrap generation against steady demand and higher export prices into traditional destinations, market sources told Fastmarkets on Friday June 12.The move follows fewer scrap arisings in the wake of the Covid-19 lockdown, which resulted in falls in demolition projects in construction and...Read More

Sprott Money News ? Sprott Money News Weekly Wrap-up - 6.12.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More

Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She 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...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

Topics:Wall Street sees a sea of red.Fed is stealing your purchasing power and giving it to someone else.Government should be lightening the burden it places on the economy.Trump should make big cuts in government spending.Market still in denial over likelihood of Democrats winning the White House and Senate in November.Bernie Sanders won whether he's on the ticket or not.Democratic Socialism and...Read More

Jordan Roy-Byrne takes a close look at the current 2+week correction in gold stocks. He compares the current correction to 2008 which has many similarities to this time in terms of economics and other factors. He wraps up the call with comments on silver and the recent run to almost $19.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is...Read More

There is absolutely nothing in the Constitution that grants any immunity to government officials against the people. NONE!!!! To create such immunity by the Supreme Court is contrary to the Continue...Read More

Singapore has been dealing with one of the highest infection totals in all of Asia, mainly because of foreign worker dormitories in the country that have led to a surge in cases since April. Continue...Read More

Markets are following the 2000's Dot Com Crash scenario, but big opportunities await those who avoid the current market madness.Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily...Read More

This past week, every economist and analyst was blown away.The United States defied all odds as the unemployment rate declined to 13.3% instead of soaring towards 20%.Continue...Read More

Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More

"Objectively speaking, the epidemic has had an impact on the implementation of this agreement, but in this kind of situation, China emphasizes that we should work hard together to ensure Continue...Read More

After months of keeping their doors shut amid the coronavirus pandemic, Chuck E. Cheese is nearly $1 billion in debt, the Wall Street Journal reported.Continue...Read More

"Young patients are coming in with no comorbidities and they're coming in with strokes and kidney failure, a lot of patients who do develop strokes do not completely recover," he explained. "It's staggering."Continue...Read More

We are entering The Greatest Depression because there is no exit. Either the phantom wealth of asset bubbles completely vanishes, or the phantom purchasing power of fiat currency vanishes. Both paths lead to the same destination: systemic collapse.Continue...Read More

Frank Holmes of U.S. Global Investors drops in for a wonderful interview on why he believes Fed chair Jerome Powell's recent comments make it even more imperative for investors to own gold and tells us why he sees similarities in what we saw last year in palladium and what we're going to see in gold and silver. He also comments on a number of other topics as well.*The interview begins at 7:18Frank...Read More

If the current pattern continues to follow the 70s pattern, then the US Dollar index is likely to decline significantly over the coming months and years, while Gold makes new all-time highs.Continue...Read More

Turkish steel producers continued their deep-sea scrap purchases for July shipments at firm prices, pushing this week's volumes to about 250,000 tonnes, sources told Fastmarkets on Friday June 12.A steel mill in the Iskenderun region booked a UK cargo, comprising 18,000 tonnes of HMS 1&2 (80:20) at $262 per tonne cfr.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of...Read More

The findings indicate the potential for Group Ten Metals to produce the rare platinum group element as a coproduct. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that various analyses confirmed potentially significant values of rhodium in multiple target areas at its Stillwater West platinum group elements (PGEs)-nickel-copper-cobalt project in Montana."Our...Read More

The US Dollar index is not a true measure ofvalue of the US dollar. It just tracks an “exchange rate” between the US dollarand a basket of significant fiat currencies.For a true measure of value of the US dollarit is better to look to Gold and Silver. However, there is a relationshipbetween significant Gold rallies and the US Dollar index.Gold has a tendency to rally at a certaintime i...Read More