Crosscurrents everywhere, nothing is clear. Is inflation really receding? 1970's all over again. A lot of it was driven by commodity price inflation. We're still going to see big inflation for years. - Inflation high but commodity price trends moderating (lumber, grains, some metals down in the past couple of months). Fed says don't worry, everything will even out. BofA says 4 years of hyperinflat...Read More
Bob begins the conversation on Joe Biden's infrastructure plan, he is now seeing resistance and is now removing certain aspects of it. People are now experiencing inflation and it will get worse as time goes on. Central banks are threatened by cryptocurrency, they know that this is an alternative currency for we the people and they are trying to steer the people away from it. The central banks are...Read More
This past weekend's Schiller Institute conference pointed the way toward an escape from the devastating consequences of the end of an imperial era, with a dialogue demonstrating the potential for sovereign nation states to cooperate for the benefit of all mankind. The Empire will not just go away quietly, though. Instead, they are engaging in one provocation after another, with special emphasis th...Read More
"The policies of America to spy on other countries, and to infiltrate elections in other countries, and to interfere in other countries through coups and overthrowsContinue...Read More
"Football is lesbian. Football is beautiful. Football is queer. Football is life. Football is exciting. Football is culture. Football is transgender. Football is queer. Football is heart. Football is Continue...Read More
CNBC's "Squawk Box" team discusses markets and the U.S. economy with Mohamed El-Erian of Allianz.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 H...Read More
00:00 Intro00:20 - Is Real Estate in a Bubble?7:50 - Where is Inflation?10:37 - Why have gold and silver underperformed the broader stock market??13:24 - Physical versus paper gold14:56 - When and how will paper price suppression end?18:59 - Is there no replacement for Silver?20:43 - The road to $10K per ounce gold and hyperinflation24:05 - Are miners undervalued and when to buy ithem?26:04 - Port...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to control inflation of metal prices domestically, are expected to raise approximately 160 billion rubles ($2.2...Read More
Cathie Wood's Ark Invest filed with the Securities and Exchange Commission on Monday to create a bitcoin exchange-traded fund. The SEC last week againContinue...Read More
Polaris Solutions is working with special forces units in Canada and the United States to bring the technology to North America, The Media Line said.Continue...Read More
U.S. citizens derive no benefit, but instead suffer great loss, from endless war in the Middle East. But their interests are irrelevant to decisions of bipartisan Washington.Continue...Read More
The Critical Investor profiles Meridian Mining's latest drill results and notes that the company recently raised CA$2.73 million from the ongoing exercise of warrants. Although metal prices and especially the gold price took a breather, Meridian Mining UK S (MNO:TSX.V) remains unfazed and keeps providing investors with solid drill results from its Caba?al VMS Copper-Gold Project in Brazil, at or...Read More
Mineworx's disruptive technology will be used in a new plant that will produce platinum and palladium and is projected to generate up to $100 million in revenue annually. Mineworx Technologies Ltd. (MWX:TSX.V; MWXRD:OTCQB; YRS:FSE) is focusing its proprietary and environmentally friendly precious metals extraction technologies on a small but essential piece of equipment that has a big impact on t...Read More
The German steel industry has called for further support and policy after the Climate Protection Emergency Program 2022, and for the program to widen its scope to other material alternatives, Fastmarkets learns.The steel scrap association BDSV criticized the Climate Protection Emergency Program 2022 which heavily focused on hydrogen-based steel production for green steel manufacture, and not steel...Read More
China's Hebei Iron & Steel Group (HBIS) and South Korea's Posco have signed a deal to establish a joint venture to produce automotive steel plate in China, according to a report from HBIS' official WeChat account published on Friday June 25. The planned new plant will have capacity to produce 900,000 tonnes per year of...Read More
Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More
Powell’s testimony to Congress failed in generating a rebound in gold prices; thus, the bearish trend could continue.On Tuesday (June 22) the Fed Chair testified before the Select Subcommittee on the Coronavirus Crisis, U.S. House of Representatives . Before Powell’s appearance in Congress, there were some hopes that he would soften the Fed’s hawkish signals from the previous wee...Read More
The European Commission (EC) officially confirmed the move to extend the existing safeguard measures on imported steel into the European Union by three years in an announcement made late afternoon on Friday June 25.The measures imposed on 26 steel products imported into the EU will remain in place until June 30, 2024, with quota volumes for the products increasing by 3% year-on-year, the commissio...Read More
Fed pumped so much money into thefinancial system, that the latter started sending it back. How will this andFed’s more hawkish tone impact gold?With Jerome Powell, Chairman of the U.S.Federal Reserve (FED), testifying before Congress on Jun. 22, his preparedremarks signaled that the FED remains on autopilot. Despite saying that “jobgains should pick up in coming months as vaccinations...Read More