Slides and Sources: https://www.itmtrading.com/blog/marke...In my opinion, the final melt-up phase has begun. But before you go rushing into the most nominally expensive stock markets in history, look at the facts. As central banks create new debt money;1. Purchasing power value is destroyed2. Public confidence in the ruling class and fiat money is lost3. $1,000,000,000 x 0 = 0We've been trained t...Read More
President Trump is criticizing the Federal Reserve and continues talking about negative interest rates, a controversial policy he believes could help the US economy. Former US representative Dr. Ron Paul (R-Texas), longtime critic of the Federal Reserve System, joins Scottie Nell Hughes to share his insights. He also weighs in on President Trump's looming impeachment trial. "The spending will cont...Read More
Don't bet against China, says Frank Holmes, CEO of U.S. Global Investors, who said that China is now a robust consumer of gold."60% of gold demand is as you know, from love, and the best way to look at it is China and India," Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference. Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc.,...Read More
We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. One thing is certain: doing nothing?EURositting back, confident your pension check is "in the mail"?EURois not an option. That's a risk you can't afford to take.According to Edward "Ted" Siedle, a former attorney with the United States Securities and Exchange Commission and Amer...Read More
Former OPCW inspector Ian Henderson testified to the UN Security Council this week that his team's report on the April 2018 alleged gas attack in Douma, Syria, had been falsified at the orders of senior management and perhaps under pressure from the US government. The US mainstream media is silent.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 20...Read More
Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series Shark Tank. In 2011 Cuban wrote a book, How to Win at the Sport of Business: If I Can Do It, You Can Do...Read More
Danielle DiMartino Booth 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 Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"If people want to just arbitrarily put taxes on our digital companies, we will consider arbitrarily putting taxes on car companies"Continue...Read More
Bob Prince, who alongside Greg Jensen helps oversee the world's biggest hedge fund at Bridgewater Associates as its other Co-CIO, said "the boom-bust economic cycle is over."Continue...Read More
At the 2020 Vancouver Resource Investment Conference, Bill Powers interviewed three resource sector experts to get their perspectives on gold and mining stock investing opportunities. Bob Hoye is a trained geologist, successful resource investor and economic historian. Brian Leni is a diligent and successful private investor as well as a knowledgeable newsletter writer. Bernie de Groot is a season...Read More
Farshad Shirvani is the President and CEO of DoubleView. Visit DoubleView at https://www.doubleview.caDavid Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help peop...Read More
CIS export billet prices continued to slide on Wednesday January 22 under pressure from a weakening finished long steel market and consequently lower bids for semi-finished steel, as well as expectations of more price drops on scrap in the near term.Some CIS-region producers indicated their readiness to sell billet at $405-408 per tonne fob Black Sea, while at the beginning of the week they had be...Read More
Global steel trader Stemcor has been sold to China's Cedar Holdings for $150 million, a source with knowledge of the matter told Fastmarkets on Wednesday January 22."Once the transaction is completed, Stemcor's banking and finance facilities will increase considerably and its business will grow further," the source said.Cedar Holdings is a privately-owned commodities business headquartered in Guan...Read More
Dollar Cost Averaging in Mining stocks...worth considerationRead More
Key data from Fastmarkets' pricing session in Europe on Wednesday January 22.Key driversPrices in the ferro-titanium and titanium scrap markets were steady in the third week of January, a level the markets have maintained since December 18. The number of deals done over the week were down from the week prior, although suppliers are keen to hold their offer prices against an expected increase in de...Read More
New results include long, high-grade polymetallic intervals. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that recent drill results from the Camp target at its Stillwater West project in Montana confirmed and extended the platinum group elements-nickel-copper-cobalt mineralization there.Specifically, the company doubled the tested depth from surface to 400...Read More
Hollow steel sections prices in Europe moved up again this week, with prices for hot-rolled coil feedstock material continuing to rise and EU import quotas moving closer to expiry, market sources told Fastmarkets on Wednesday January 22.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?620-640 ($688-710) per tonne on Wednesday, up from ?,...Read More
IBM led the latest round of upbeat earnings reportsThe Dow finished lower today despite strong IBM (IBM) earnings, erasing its earlier gains in the final hour of trading on a down day for Boeing (BA). The S&P 500 and Nasdaq closed in the black and nabbed new record highs, thanks to strength in the semiconductor sector. Investors also monitored updates on the coronavirus outbreak, after President...Read More
INTC has tacked on 29% over the past 12 monthsJoining the busy earnings slate this week is Dow name Intel Corporation (NASDAQ:INTC). The company is scheduled to report after the close tomorrow, Jan. 23. Below we will take a look at how INTC has been faring on the charts, and what the options market is pricing in for post-earnings moves. At last check, the equity is up 3% at $62.28, and earlier tou...Read More
ABT call open interest is only in the 6th annual percentileAbbott Laboratories (NYSE:ABT) is in the winner's circle once again today thanks to the company's impressive quarterly sales update. The healthcare stock was last seen 2.8% higher at $92.21, earlier tagging an all-time high of $92.45, and options traders are moving in.Overall, calls are crossing at four times the expected rate, outpacing p...Read More