China's domestic rebar prices decreased on Wednesday October 20 amid weak demand following a sharp decrease in coal futures. Domestic Eastern China (Shanghai): 5,700-5,740 yuan ($891-897) per tonne, down by 30 yuan per tonneChina's National Development & Reform Commission (NDRC) plans to address the issue of high coal prices to ensure sufficient supply of the material ahead of the country's heatin...Read More
HONG KONG (Reuters) -China Evergrande Group said on Wednesday a deal to sell a 50.1% stake in its property services unit has fallen through, delivering a blow to embattled developer's hopes of avoiding a potentially disruptive default.If it had gone through, the deal with a unit of Hopson Development to sell half of Evergrande Property Services would have been worth HK$20.04 billion ($2.58 billion...Read More
Kitco News, Released on 10/20/21A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner."We've reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical", Lepard told Michelle Makori, editor-in-chief of Kitco News. "And this is how infla...Read More
Stansberry Research, Released on 10/20/21It's a fallacy to keep gold prices low to show the economy is doing alright, says Dr. Ron Paul, former U.S. Congressman and Host of The Ron Paul Liberty Report.He surveys the U.S. economic landscape and asserts that, "the depreciation of money [U.S. dollars] is ongoing, and it's not going to stop."Dr. Paul tells our Daniela Cambone that transitory price inf...Read More
BEIJING (Reuters) - China's commodities markets tumbled on Wednesday, led by sharp falls in thermal coal prices, after the state planner said it was considering intervention to cool record prices of the fuel that is vital to power the world's second biggest economy.The slide in China had a knock-on effect in global markets, where prices of base metals used in manufacturing and construction, such a...Read More
CNBC, Released on 10/20/21Paul Tudor Jones, founder and CIO at Tudor Investment Corporation and founder of the Robin Hood Foundation, joins 'Squawk Box' to discuss inflation and the Federal Reserve.Part 1 (part 2 below)Paul Tudor Jones, founder and CIO at Tudor Investment Corporation and founder of the Robin Hood Foundation, joins 'Squawk Box' to explain why cryptocurrencies are a better hedge aga...Read More
Liberty and Finance, Released on 10/19/21Supply disruptions in the precious metals industry, such as the Royal Mint running out of silver blanks, are becoming the norm due to unprecedented demand. Gold and silver are your "life raft," says Andy Schectman, CEO & President of Miles Franklin. "Get it while you can."0:00 Intro2:05 Royal Mint update4:43 $600 reporting requirement12:11 Junk silver swap2...Read More
Financial Survival Network, Released on 10/20/21Summary: David Morgan comes on the podcast to give us insight on the markets. We tackle inflation-which is not so transitory after all-the future of the dollar, the Chinese real estate debacle, and the precious metals market. A lot is changing and there will probably be many unintended consequences that our nation needs to prepare itself for. Tune in...Read More
Fox Business, Released on 10/19/21Danielle 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...Read More
YouTube/PeterSchiff, Released on 10/19/21Bonds are never a safe haven against inflation.Consumers can't afford to buy houses for what it costs builders to construct them.Zillow bails on home flipping business.Biden describes inflation as a high class problem.US government now using Soviet propaganda tactics to explain inflation.Bitcoin futures ETF BITO is the antithesis of what Bitcoin is supposed...Read More
Citizen Free Press, Released on 10/19/21This explains everything...pic.twitter.com/ncdu6nKgPh- Citizen Free Press (@CitizenFreePres) October 20, 2021 VIDEO: Proof That Pfizer Sponsors Everything added by Herman James on 10/19/2021View all posts by Herman James ?+'Read More
Daily Reckoning, Released on 10/19/21Unfortunately, we're the ones suffering the consequences of their lies.Continue... Jim Rickards: Lies, Lies, Lies! added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/20/21Recently, more sources have been confirming that indeed there Continue... Martin Armstrong: The Corruption Continues to Surface added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/20/21They are masking authoritarianism as utilitarianism.Continue... Martin Armstrong: Are the US Supply Chain Disruptions Deliberate? added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
Nancy Pelosi Portfolio Tracker, Released on 10/20/21BlackRock has hired 84 former government officials, regulators and central bankers worldwide. With $6.3 trillion in assets and $18 trillion under BlackRock's Aladdin risk management software system BlackRock controls the entire financial world and frankly the destiny of humankind- Nancy Pelosi Portfolio Tracker (@NancyTracker) October 19, 202...Read More
Summit News, Released on 10/20/21In an attempt to amplify calls for more lockdown measures, CNBC erroneously reported that COVID hospitalizations in England have been "steadily increasing" since restrictions were lifted when in fact the opposite is true.Continue... CNBC Lies About COVID Hospitalizations in Effort to Amplify Calls For New Lockdown added by Herman James on 10/20/2021View all posts b...Read More
Steve Kirsch, Released on 10/17/21The vaccines kill more people than they can be expected to save for all groups, especially young adults. So far, over 150K Americans have been killed by the vaccines.Continue... All you need to know about COVID vaccine safety added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 10/20/21"People simply stopped trusting the bolivar.""You can pay for everything with gold." Continue... Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
The Daily Gold, Released on 10/19/21Ask a gold bull why Gold hasn't performed well over the past 15 months, and you might hear Continue... Jordan Roy-Byrne: Gold Fundamentals Not Bullish Yet added by Herman James on 10/20/2021View all posts by Herman James ?+'Read More
ROME (Reuters) -Italy's UniCredit, Intesa Sanpaolo and smaller Banca Ifis said on Wednesday they had joined the U.N. Net-Zero Banking Alliance (NZBA), a group of banks committed to reducing their carbon financing and investment portfolio by 2050.The alliance, launched in April, has almost 80 members from 35 countries, including Bank of America, Citigroup Morgan Stanley and JPMorgan. It has $54 tri...Read More