Despite what you may have heard from the "Old Wall," there's actually more to inflation than simply supply and demand. Hedgeye CEO Keith McCullough explains in the clip above from The Macro Show why he expects inflation to rise, despite sky-high U.S. unemployment and falling demand in the economy.Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC. He covers the strategy...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Today in "the government is an awful capital allocator" news, trillions of dollars in stimulus money has apparently been doled out with little to no oversight. At the same timeContinue...Read More
Lawmakers had been demanding the disclosure of details about Paycheck Protection Program loans after Treasury Secretary Steven Mnuchin said at a Senate committee hearing on June 10 Continue...Read More
"It's not just black lives matter, white lives matter, Chinese lives matter, all lives matter, everybody's life matters. God loves everyone - he never singled anyone out."Continue...Read More
Things have finally backfired on Jimmy Kimmel."I'm taking this summer off to spend even more time with my family," Kimmel said on Thursday night.Continue...Read More
Gold Stock Seasonal AverageThe HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com‘s data for the index. A seasonal average is not a directive, but it is a () guide to be factored. Last year gold stocks bottomed in May as we caught what would be a violent upswing. This year I expect the low to be in June or Ju...Read More
Gold’s powerfulpost-stock-panic upleg hasn’t enjoyed buying support from the gold-futuresspeculators. These influential tradersoften drive and even dominate major gold-price trends. But they’ve been subtly selling into gold’ssharp recent rally. Their doggedskepticism is actually very bullish for gold in coming months. Gold-futures speculators are ama...Read More
Shocked Clinton Supporters Shed Tears | The mood among Hillary Clinton supporters at New York's Javits Center on election night was far from joyous. http://a...Read full newsRead More
The oil giant denounced racism and pledged to increase diversity in its workforce, but some activists see burning fossil fuels as inherently racist.Read full newsRead More
By Costas ParisMaersk Tankers A/S is resetting its business model as it tries to navigate volatile energy markets that are sending earnings in the oil products shipping sector on a tumultuous... | June 20,2020Read full newsRead More
The eclipse of the important WTI $40 price level bodes well for the economic recovery.Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (Read full newsRead More
NEW YORK, June 18, 2020 /PRNewswire via COMTEX/ --NEW YORK, June 18, 2020 /PRNewswire/ -- The value of gold is problematic to forecast, as it contingent on...Read full newsRead More
(Image courtesy of Exyn). Reliance on autonomous technology so that miners spend less and less time underground and using predictive analytics tools not only to assess rock mechanics but also workers' wellbeing in and off-site, may become the pillars of mine safety in the future.The conclusion was drawn from a webinar organized by technology company Exyn and where Vale's Digital Leader, Anthony Do...Read More
Fossil fish tooth. (Image by Junichiro Ohta, courtesy of The University of Tokyo). Scientists at the University of Tokyo discovered that a large deposit of rare earths near the Japanese island of Minamitorishima is linked to the existence of fossilized fish.In a paper published in the journal Scientific Reports, the researchers explain that ancient global climate change and certain kinds of under...Read More
Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More
Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More
Vale said on Friday its subsidiary Vale Canada (VCL) and Sumitomo Metal Mining had signed definitive agreements to sell 14.9% and 5.1% respectively in PT Vale Indonesia to Inalum.Read More
Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More