CBS News, Released on 11/4/21"This disgrace is why we need real tax reform," the Institute on Taxation and Economic Policy, a left-leaning think tank, said on Twitter about the findings. Continue... At least 18 billionaires, including George Soros, got federal stimulus checks added by Herman James on 11/04/2021View all posts by Herman James ?+'Read More
Summit News, Released on 11/4/21Piles of garbage have already begun to build up in New York City after around 20 percent of sanitation workers were placed on leave by the Mayor's office for not complying with his vaccine mandate.Continue... Disgusting Garbage Piles Up In NYC After De Blasio Sent Sanitation Workers Home For Refusing Vaccines added by Herman James on 11/04/2021View all posts by Herm...Read More
Daily Reckoning, Released on 10/21/21This is what is truly chilling about the unfolding crisis: They do not believe it is a crisis. They think this is a reset to the way things should work.Continue... Get Ready for Food Rationing added by Herman James on 11/04/2021View all posts by Herman James ?+'Read More
The Most Important News (via Zero Hedge), Released on 11/2/21Emergency rooms are filled to overflowing all over America, and nobody can seem to explain why this is happening.Can anyone out there explain this to me?Continue... Something Really Strange Is Happening At Hospitals All Over America added by Herman James on 11/03/2021View all posts by Herman James ?+'Read More
Dan Popescu, Released on 11/3/21Cumulative US inflation since 1970 to 2021 is 600%. #Gold price in US dollar is up 4,940%. #Silver price in US dollar is up 1,174%. Say again gold and silver prices have not outperformed inflation with a straight face (Oct. 29, 2021). pic.twitter.com/CwpVIu7kdc- ???????? ???????????????-Dan Popescu ???<Read More
Kitco, Released on 11/3/21"Franco-Nevada delivered a strong third quarter, setting the stage for a record year in 2021. Continue... Franco-Nevada reports strong Q3 results, 'setting the stage' for a record year in 2021 added by Herman James on 11/04/2021View all posts by Herman James ?+'Read More
LONDON, Nov 4 (Reuters) - A great central bank exit from the extraordinary stimulus unleashed to keep economies afloat during the COVID-19 pandemic is underway, with the United States and Australia this week moving away from hefty policy support.But policymakers have also pushed back against investor expectations for a slew of interest rate rises, as they wait to see whether inflation remains stic...Read More
Has the Klondike Gold Rush 2.0 quietly begun? Modern technologies and a century of accumulated know-how are catalyzing new discoveries in the Yukon, and one company at the center of the action is White Gold Corp. CEO David D'Onofrio was bullish in an interview with Streetwise Reports: "From a risk/reward perspective, I can't think of a better opportunity." Modern-day treasure hunter White Gold Cor...Read More
As Meridian Mining has been pretty busy at its Caba?al VMS Copper-Gold Project in Brazil lately, raising an oversubscribed C$10.38M, drilling world class gold intercepts (8m @ 71.3g/t Au), other visible gold and long copper intercepts, defining new targets and gold structures, and is increasing strike length of mineralized zones, the Critical Investor catches up with management to discuss ongoing...Read More
Here are five Fastmarkets stories you might have missed on Thursday November 4 that are worth another look.The agreement reached between the United States and the European Union regarding the replacement of Section 232 tariffs will support domestic prices for flat steel in Europe but...Read More
Turkish steel mills have continued their deep-sea scrap imports with recovering prices on Thursday November 4, market participants told Fastmarkets.A steel mill in the Marmara region booked a US cargo comprising 20,000 tonnes of HMS 1&2 (80:20) at $500 per tonne, 7,000 tonnes of shredded and 3,000 tonnes of bonus at $520 per tonne cfr. Another steel mill in the same region booked a cargo from the...Read More
OTTAWA, Nov 4 (Reuters) - Ontario, Canada's most populous province, on Thursday projected a smaller budget deficit for the current fiscal year as stronger-than-expected economic growth helped boost tax revenues, a fiscal update showed.The province forecast a budget deficit of C$21.5 billion ($17.3 billion) for the 2021-2022 fiscal year, compared to the C$32.4 billion deficit forecast in an update...Read More
LONDON, Nov 4 (Reuters) - German government bond yields dropped to their lowest levels in a month on Thursday after the Bank of England kept its interest rates on hold, surprising markets that had priced in a 15 basis-point rate hike.Following the U.S. Federal Reserve's announcement overnight that it would taper its bond purchases, the BoE confounded those expecting it to become one of the first m...Read More
LISBON, Nov 3 (Reuters) - The tech sector needs to compromise with regulators and take governments and people's concerns seriously, Microsoft (MSFT.O) president Brad Smith said in an interview on Wednesday."Tech is going to have to lean in...with real concrete ideas...even make concessions, so that we can all compromise and build a common platform that better protects people than ... the interne...Read More
The steel rebar and billet market in Egypt was slow during the week ending Thursday November 4, although some market participants expected rebar prices to increase because of increasing natural gas costs, sources told Fastmarkets.Local rebar producers increased their prices E ?15,000 ($952) per tonne ex-works including 14% VAT on October 20.However, the natural gas price increased to $5....Read More
SHANGHAI, Nov 4 (Reuters) - China's Lenovo Group (0992.HK), the world's biggest maker of personal computers, said that a global chip shortage would persist into the first half of next year as it reported a 65% rise in second-quarter profit on Thursday.The company said it was able to outgrow the market by securing more supply of components than its peers, but acknowledged that a dearth of chips wa...Read More
Turkish billet prices feel in the week ended November 4 in line with lower imported scrap costs and poor demand, market participants told Fastmarkets.Suppliers in the Commonwealth of Independent States (CIS) have lowered their offers to $700-705 per tonne cfr, compared with $725-730 per tonne last week.However, the buyers bid only $660-670 per tonne for CIS-origin billet. A steel mill in the Isken...Read More
Nov 4 (Reuters) - London's FTSE 100 rallied on Thursday as the pound plunged following the Bank of England's decision to defy markets by leaving rates unchanged, while heavyweight energy stocks tracked crude prices higher.The pound weakened 1.33% after BoE's decision, boosting the FTSE 100 index and dollar earning companies. read moreThe export-oriented FTSE 100 index (.FTSE), which was flat bef...Read More
WASHINGTON, Nov 4 (Reuters) - Jared Kushner’s global investment firm, Affinity Partners, plans to add two senior partners and is seeking to raise several billion dollars as it begins to ramp up its activities, a person familiar with the plan said on Thursday.Kushner, who was a top adviser to former President Donald Trump but has stepped away from politics for the time being, is expected to b...Read More
Although precious metals are still relatively under-owned and unloved, retail investors have been pouring into the metals markets since early last year.Lots of newer investors have high hopes about where prices are headed in the near term. Even seasoned metals investors are optimistic about the current set-up for higher prices.The difference is that seasoned investors also know they may not get wh...Read More