This interview features Macro's Finest: Jim Bianco, President of Bianco Research, and Danielle DiMartino Booth, CEO of Quill Intelligence, discuss the most pressing issues the U.S. economy is facing in 2021. Inflation hasn't been problematic since the 1990s, and the Fed thinks it has it under control, but there's a real risk to the economy if prices begin to rise while the output stalls. While the...Read More
Topics:Power and ignorance is a dangerous combination.Biden's stimulus plan will make the European Union look responsible by comparison.Affirm's IPO epitomizes what's wrong with markets and the economy.Dollar denominated financial assets on expedited track to worthlessness.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Sch...Read More
Where are gold, silver, and Bitcoin heading in 2021? Andy Schectman, Bix Weir, Dunagun Kaiser, Jerry Robinson, Kerry Lutz, and Pamela and Mary Anne Aden join us for 2021's first Mugs and Metals to discuss. They unpack the changing political and financial climate and how this will impact metals prices. Amid this environment, "people are rushing to buy precious metals," Andy Schectman says, "because...Read More
Bitcoin is one of the most unequally distributed assets in the world, with just under half a percent of all bitcoin investors owning more than 80% of all bitcoins, and should they liquidate, the market could see a substantial sell-off, said Ryan Giannotto, director of Research at GraniteShares ETFs.0:00 - Bitcoin is 'cornered'5:50 - Bitcoin's volatility8:17 - Bitcoin ETF coming soon?11:44 - Econom...Read More
"Major social platforms have been cracking down on the spread of misinformation and conspiracy theories...and expanded their efforts in the wake of the Jan. 6 Capitol riot. But Apple and Google have left open a major loophole for this material: Podcasts."https://t.co/qy7aARh7qK- Glenn Greenwald (@ggreenwald) January 16, 2021 Read More
They're not actually worried about "domestic terror", they're worried about any movement which threatens to topple the status quo. Caitlin Johnstone writes about the end of illusions.Continue...Read More
Like 911, there will be no honest independent review. Congress has already charged Trump which means there is no way they will allow any independent investigation to show that they jumped to conclusions.Continue...Read More
I have endeavored to provide only reliable information. My sources areContinue...Read More
With such overwhelming positivity and confidence in the market going higher, my alligator senses really start to tingle.Continue...Read More
What does record high margin debt tell us?Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More
"They're on their knees pleading with billionaires and oligarchs and monopolists and Silicon Valley to censor in a way that they believe is politically advantageous."Continue...Read More
"We cannot rule out that adverse reactions to the vaccine occurring within the first days following vaccination (such as fever and nausea) may contribute to more serious course and fatal outcome in patients with severe underlying Continue...Read More
And you thought your year was going badly? A man in the UK said he accidentally put a hard drive with 7,500 bitcoins in the trash while clearing out his home in 2013.Continue...Read More
The study from the US-China Business Council (USCBC) and Oxford Economics said a moderate reduction of tariffs on both sides could lead to an Continue...Read More
"Investors will likely see the low interest rate environment as an opportunity to add risk assets in Continue...Read More
China's iron ore imports increased by 9.5% in 2020 in comparison with 2019, Chinese customs data shows.The country imported 1.17 billion tonnes of the steelmaking raw material last year, compared with 1.07 billion tonnes in 2019, according to the statistics released on Thursday January 14.This is despite a 4.5% year-on-year drop in imports in December to 96.74...Read More
China's steel imports increased sharply in 2020 but exports declined from 2019 levels, according to Chinese customs data released on Thursday January 14.2020 imports: 20.23 million tonnes, up by 64.4% from 2019. ...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
In an era of historically low interest rates, investors are desperately looking for value. If current activity is anything to go by, they believe it lies in commodities.That is because prices of key commodities are steadily gaining; copper has hit eight-year highs above $8,000 per tonne, nickel is at six-and-half year highs near $18,000 per tonne, and iron ore prices are at levels last seen in 201...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:US flat product prices maintained momentum through November, with increases accelerating in early December in response to supply shortfalls, rising scrap prices, and improving demand.While we correctly forecast further pricing gains in November, actual prices surpasse...Read More