The cash flow problem in the real economy threatens holders of US commercial real estate as the overwhelming majority of that real estate was purchased with massive amounts of debt to increase investment returns.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC...Read More
Bill Gates says his foundation is funding the construction of factories for seven coronavirus vaccine candidates. Europe is embracing his agenda where people will not be able to even Continue...Read More
Imagine a plumber who does not patch leaks but creates leaks... a doctor who does not mend bones but cracks bones... a head shrinker who does not shrink heads but expands heads.Continue...Read More
"Our lives have been ruined." "You can never really get over it." Continue...Read More
'My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career. The great bubblesContinue...Read More
The Paycheck Protection Program (PPP) was authorized by Congress under the CARES Act and is being overseen by the Small Business Administration Continue...Read More
"We can simply work through the 14-day quarantine periods that have worked so well in terms of returning Australians to this country safely."Continue...Read More
Holdings in gold-backed ETFs charted another all-time high in May as inflows in dollar-terms Continue...Read More
This compelling new research from Jeff Clark, while only a possibility, outlines a catalyst so immense that it could alter the silver market for a generation or more. Continue...Read More
Jim Bianco, Bianco Research president, on what's next for the markets.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 chall...Read More
Black Tusk Resources reported that it has commissioned a 3D Induced Polarization Survey on the McKenzie East Gold Project. In a news release, Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that "it has contracted Abitibi Geophysics in Val d'Or, Quebec to undertake their OreVision 3D Induced Polarization Survey (IP) on the McKenzie East gold property located north of Val d'...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.US prices continue to hold Seamless oil country tubular goods (OCTG) and line pipe prices remained unchanged for the third straight month in June, and we expect them to remain stable through the summer before edging higher on the back of a measured rise in drilling rates.The lack of price movement in recent months does not i...Read More
Prices for hollow steel sections in Europe continued to move down on Wednesday June 17, with feedstock prices continuing to fall ahead of the imminent renewal of the EU's import quotas, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?540-560($610-633) per tonne on Wednesday, down from ?,?550-560 per tonne a week e...Read More
Mike Gleason: It is my privilege now to welcomeback Michael Pento president and founder of Pento Portfolio Services. Michaelis a well-known money manager, market commentator, and author of thebook, The Coming Bond Market Collapse: How to Survive the Demise of theU.S. Debt Market. He's been a regular guest with us over the years, andit's always a pleasure to have him on with us. Michael,...Read More
Sales of passenger cars in Europe tumbled by 52.26% year on year in May 2020, marking the fifth consecutive month of decline.New car sales in Europe totaled 581,161 vehicles in May 2020, down from 1,217,259 units sold in the corresponding month of 2019, the European Automotive Manufacturers Association (ACEA) said on Wednesday June...Read More
Stewart Thomson, Graceland Updates 1. Gold investors are eager to see the current price reaction end and a fresh uptrend begin. Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks, and that's a good sign. 2. Please click here now. Double-click to enlarge this daily gold chart. The best word to summarize both the fundament...Read More
By: Ira EpsteinGold 1706.20 support, swingline in gold's favor. 18-dma at 1728 area:Read More
Gold investment demandremains strong, buoying the yellow metal and its miners’ stocks. Investors have continued actively diversifyinginto gold despite soaring stock markets and weaker summer seasonals. The Fed’s extreme money printing fuelingthese precarious stock-market heights is perilously inflationary, making uppinggold portfolio allocations essential. Thisongoing...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 17 that are worth another look.The European Commission (EC) has outlined plans to regulate access of foreign investors in the single market of the European Union, the commission said on its website on June 17.European Aluminium has called on the European Commission (EC) to address the distorting effects of foreign subsidies...Read More
Although the gold to silver ratio has tightened a bit, it remains elevated and could indicate more upside for silver, according to McAlinden Research Partners.Silver and silver miners popped in May on the back of a rebound in industrial activity around the world. Ultra-low interest rates and expectations of a weaker dollar have compounded several political pressures that begun popping up at the en...Read More