Is it possible to make sense out of nonsense?So much these days is an incoherent mess. It's complete nonsense.Page 1 excitedly beams about a glorious rebound in GDP. Yay economic growth!Continue...Read More
There is probably no pope in history who has been so disliked than the current Pope Francis. He is clearly a communist and full on board with the Great Reset. This Pope is a real disgrace.Continue...Read More
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 challenges consensus thinking. In nearly 20 years at Bianco Research, Jim's...Read More
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More
Taiwan knew China was covering up a new virus and reacted quickly and decisively to shut down travel from Wuhan all the way back in January. Continue...Read More
Another weekend of violent anti-lockdown protests in Europe: Clashes in Italy and Spain as Belgium becomes the latest to lock down and restrictions tighten across continentContinue...Read More
"Punishing people for drug use and addiction is costly and hasn't worked. More drug treatment, not punishment, is a better approach," the groups said in a statement.Continue...Read More
"Those are two great big initiatives that we have - and we welcome - to rescue our country from a pandemic, from an economic downturn." Continue...Read More
"This has been partially due to easing of lockdown and some low prices in August that provided a small window of buying Continue...Read More
Central bank selling aside, total bullion demand fell 19% year-on-year to the lowest since 2009 in Q3, largely thanks to continued weakness in jewelry buying Continue...Read More
The European Commission has set safeguard quota volumes for steel products imported from the United Kingdom starting from January 1, 2021. The EC announced the quotas on Friday October 30. These will apply to several steel products, including hot-rolled, cold-rolled and hot-dipped galvanizing coil originating from the UK. Any volumes sold exceeding the quotas will be subject to 25% duty. "Pur...Read More
A summary of Glencore's 2020 third-quarter production report for the coal sector, released on Friday October 30, where the company maintained its 2020 full-year production guidance except coal, which was adjusted for the extended strike at the Cerrejon mine.In brief The company's year-to-date (YTD) coal production of 83.5 million tonnes was 20.5 million tonnes or 20% lower than the comparable prio...Read More
The fifth plenary session of the 19th Central Committee of the Communist Party of China has concluded with the release of the 14th Five-Year Plan, which will chart China's development path in 2021-2025. More details of the country's Five-Year Plan are expected to be released from Friday October 30 onward. The session listed 12 key steps with which China would achieve a set of long-term goals by 20...Read More
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, says it doesn't matter if the U.S. sees a Red victory or a Blue victory in the presidential election; gold will be the real winner. In this far-ranging interview with Streetwise Reports, he discusses gold's prospects post-election, inflation, stock market performance, criteria to evaluate mining companies, and companies in U....Read More
As we continue to near the November 3rd election day, Precious Metals have continued to trade within a narrow range suggesting price support is staying strong. It is my belief that potential downside risks for Gold and Silver will be relatively short-lived after the election. We believe the broad market decline witnessed on October 26, 2020, where the Dow Jones fell over 700 points, coupled...Read More
Trump and Biden debated for the second and last time in this campaign. So, who will win, and why gold is likely to be the biggest winner of them all?President Donald Trump and Democratic challenger Joe Biden met for the second and the last debate before the elections. Thankfully, this time things were less chaotic and with far fewer interruptions and insults. Perhaps Trump has acknowledged that hi...Read More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Friday October 30 that are worth another look.The European Commission has set safeguard quota volumes for steel products imported from the United Kingdom starting from January 1, 2021.Aluminium stocks at Shanghai-bonded warehouses surged by over 200%...Read More
Markets were likely to see the election as a positive if one party took a convincing win across both sides of congress, IG senior market analyst Joshua Mahony said on Friday."With some stating that the final result may not come until days or even weeks after election day due to late postal votes, we could see short-term uncertainty if early results do not provide a clear basis for expectations," h...Read More