In this Outlook 2021 interview, Daniela Cambone speaks with Trends Journal founder Gerald Celente about his top trends for the new year. Celente talks a bitcoin correction, mayhem on the streets of America, a fake financial recovery, and how China will overtake the U.S. Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bests...Read More
Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a...Read More
Financial writer and precious metals expert Bill Holter says the biggest debt bubble in history is going to skyrocket the price of gold. If you divide the U.S. national debt by the amount of ounces the U.S. Treasury says it holds, you get an astounding "$100,000 per ounce price for gold."Holter says, "Get solar panels, generators or whatever. Put back some food. Expect the system to go down becaus...Read More
DoubleLine Capital's Jeffrey Gundlach and his special guests hold the second annual edition of Round Table Prime, recorded Jan. 5, 2021. Joining Mr. Gundlach are Danielle DiMartino Booth, CEO and chief strategist of Quill Intelligence; James Bianco, president and macro strategist of Bianco Research; Edward Hyman, chairman and head of economic research at Evercore ISI; and David Rosenberg, presiden...Read More
The 10-year U.S. Treasury yield remained higher than the 1.1% mark on Monday morning, after President-elect Joe Biden on Friday promised further economic stimulus that would be "in the trillions of dollars." Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss why he thinks this rise is a sign investors must...Read More
1. Markets are pulling back this morning after a turbulent weekend of geopolitical events. Obviously, Twitter (TWTR) and Facebook (FB) are the two stocks under some pressure today after banning President Trump and countless conservative voices from their platforms. Amazon Web Services also removed conservative app Parler from its servers. This is really unbelievable to see things like this happen...Read More
Last week's massive social media purges - starting with President Trump's permanent ban from Twitter and other outlets - was shocking and chilling, particularly to those of us who value free expression and the free exchange of ideas. The justifications given for the silencing of wide swaths of public opinion made no sense and the process was anything but transparent. Nowhere in President Trump's t...Read More
I seriously doubt that we will ever be able to voteContinue...Read More
Pelosi's frantic rush to impeach a president who has 10 days left is absurd. When people were pleading for help and the Black Lives Matter/Antifa groups were burning down buildings and looting, Pelosi had no problem allowing that to happen. This frantic rush is to be able to claim that any evidence that comes out is fake and in retaliation for her impeachment. Perhaps she should look at her polls....Read More
The US ferrous scrap market has mostly settled for January, with market participants hinting that while tight No1 busheling may see continued upside in February, shredded scrap has become plentiful and has likely peaked.Detroit kicked off trading on Wednesday January 6, while activity in the Chicago market dragged into Monday January 11.Fastmarkets' assessments of the consumer buying prices f...Read More
Tim Pool weighs in on the massive infringements on freedom taking place as 2021 kicked off with a bang. Read More
"It is expected that there may be requirements from other countries to present vaccine documentation upon entry. A Danish vaccine passport can be used here," Continue...Read More
Turkish auto bundle scrap prices have gone down slightly over the past week in line with the strengthening of the country's lira against the US dollar, market sources said on Monday January 11.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with the stronger lira because mills buy most of their raw materials in dollars and sell their f...Read More
Sector expert Michael Ballanger ruminates on how the storming of the U.S. Capitol has affected both the American reputation and the precious metals markets, as well as on the value of "value." The events of this week are dominating the news cycle, with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediately. If...Read More
Ely Gold Royalties reported it finalized the purchase of a 1% net smelter returns royalty on the Lincoln Hill Property in Nevada, raising its NSR stake in the property operated by Coeur Mining to 2%. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced in a news release that it has completed the acquisition of 100% of all rights and interests to a 1% net smelter returns royalty (NS...Read More
Iron ore prices mostly declined on Monday January 11 along with futures, however, high-grade fines performed well due to tight supply, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $172.13 per tonne,down $0.93 per tonne62% Fe low-alumina fines, cfr Qingdao: $172.25 per tonne,down $1.08 per tonne58% Fe fines high-grade premium, cfr Qingdao: $157.87 per tonne,down...Read More
2021 started off well for gold. It’s not surprising, as January is usually positive for the yellow metal, but the Georgia runoff results may constitute an additional bullish factor in the longer term.What a start to the new year! Gold has begun 2021 very well : as the chart below shows, the price of the yellow metal (London A.M. Fix) increased from $1,891 on December 31, 2020 to $1,947 on Ja...Read More
If you follow our research, you already know my research team and I have authored multiple articles related to how Metals and Miners are poised for a big rally in 2021 and beyond. But do you understand what this means for other market sectors and assets? Are you ready for one of the most dynamic investing environments we’ve seen since 1945 or earlier? Gold and Miners are showing...Read More
Ford Motor Co announced that it will cease manufacturing activities in Brazil following "years of significant losses" and idle capacity exacerbated by the Covid-19 pandemic.The automaker said on Monday January 11 that it will stop operating three plants in the country - one in Ca??amari city, in northeastern Bahia state; one in Taubat?(C) city, in southeastern S??o Paulo state; and a third one in...Read More
Turkey's Ministry of Trade announced on Saturday January 9 the initiation of an anti-dumping investigation into imports of hot-rolled flat steel from the European Union and South Korea.The products under investigation are under HS codes 7208.10.00, 7208.25.00, 7208.26.00, 7208.27.00, 7208.36.00, 7208.37.00, 7208.38.00, 7208.39.00, 7208.40.00, 7208.52.10, 7208.52.99, 7208.53.10, 7208.53.90, 7208.54...Read More