By: Ira EpsteinFed's Powell speaking this week. Still a washout in gold, huge outflows from the market. Gold 3-days under Bollinger lower band..Read More
Rebar contracts on the Shanghai Futures Exchange increased on Tuesday November 12 following two notices about winter production restrictions in the Fenwei Plain and Yangtze River Delta regions, but spot prices were unchanged. Eastern China (Shanghai): 3,700-3,740 yuan ($528-534) per tonne, unchangedNorthern China (Beijing): 3,630-3,650 yuan per tonne, unchangedRestrictions on production have been...Read More
European manganese alloys prices are extending their losses in the spot market in line with weaker demand from the steel sector, and further weighed by persistent falls in manganese ore prices in recent months, industry sources told Fastmarkets.The silico-manganese market weakened by almost 4% to ?,?840-860 ($926-949) per tonne from ?,?880-890 per tonne in the past week, after suppliers cut their...Read More
Gold trading volume & open interest are through the roof, and Dave Kranzler says that's because the banks are desperate to contain gold's price rise! Economic recession and depression are coming, and before long, the plunge protection team will lose control of the stock market, and they'll pull the plug when it gets to that point.Dave sat down with Half Dollar on Tuesday for a robust discussion on...Read More
Peter Schiff on RT America Boom Bust discussing gold, interest rates, and US-China trade deal.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in th...Read More
Doug Casey, outspoken analyst on an expansive range of world and economic affairs, best-selling author of "Crisis Investing," "Strategic Investing," "Speculator," and "Drug Lord," and founder of InternationalMan and CaseyResearch, visits Finance and Liberty to care his thought-provoking views on:- 5G,- Argentina Financial Crisis and Opportunities,- Fed Bond Repos,- Governments as the Source of Maj...Read More
For Part 1 of this interview, CLICK HEREMax continues his conversation with Gerald Celente of TrendsResearch.com about repo markets, 'balsamic smiles,' China's gold buying and Mark Carney's recent suggest that an IMF-backed synthetic cryptocurrency should replace the US dollar as a unit of account for global trade.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a fina...Read More
CLO (collateralized loan obligation) markets starting to tank. Market for risky corporate debt is softening and turning to real junk. Even the WSJ ran a story about people going even further into debt. There's ever more underwater car loans because of negative equity in the consumer's current auto. By rolling over the balance into a new loan, they're effectively paying interest on interest. How ca...Read More
From a macroeconomic perspective, several of the longer-term problems that would be bullish for gold will likely manifest in 2020, including a recession and an escalation of the trade wars tensions with China, this according to Peter Hug, global trading director of Kitco Metals."From a physical perspective, if you're an investor from a medium to longer term perspective, you just stay with this mar...Read More
We are currently witnessing the death of Youtube right before our eyes. On December 10th 2019 YouTube will begin enforcing its newest terms, leaving content creators concerned about having their channels deleted due to the overly vague term "not commercially viable". YouTube will begin targeting channels that produce "borderline content" begging the obvious question... who should get to decide wha...Read More
Recently, there has been a parade of central bankers along with their lackeys on Wall Street coming on the financial news networks and desperately trying to convince investors Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/gold-...Watch this: When Will The Jenga Economy Fall?, https://youtu.be/uCWFtvMYcv4Question 1. Jim H: You talked about the SDR/digital derivative of it being the new reserve currency. You then mention there could be a number of currencies in the SDR basket. If all currencies are fiat, won't the SDR just be another fiat?Question 2. Engels V: Assumin...Read More
Wall Street continues to be convinced that the economy is edging back up again after a stall following the tax cut boost and near 3% GDP figures in 2018.Continue...Read More
"The decision will have immediate and severe consequences, exposing the firearms industry to costly and burdensome litigation." Continue...Read More
The Chinese ferro-silicon market has been supported by firmer steel prices over the past week despite muted demand for volumes of feed alloy, while in Europe, the market has been steady for two consecutive weeks despite no reported trades, with tighter supply underpinning spot prices. Chinese domestic alloys prices steady amid firmer steel prices. Chinese export market stable. European market unch...Read More
"Quite a lot of criticisms and complaints about China from President Trump in his latest speech, but hardly anything new. Similar statements of senior US officials have bored people."Continue...Read More
Hey Bernie, It's 'Medicare For All' That Would Be 'Cruel' And 'Dysfunctional' During last week's Democratic presidential debate, Sen. Bernie Sanders called the current U.S. healthcare system "dysfunctional" and "cruel." Words like that are more appropriate descriptors of the government-run healthcare systems abroad that Sanders would like to import to the United States. NOTE: President Trump share...Read More
Although gold prices have seen a slump recently, investors should not take this is as a bearish sign and instead, consider adding more of the yellow metal to their portfolio, this according to Frank Holmes, CEO of U.S. Global Investors.Holmes noted that gold stocks and gold bullion are currently underweighted in investors' portfolios. "When you look at Canada, and you look at the index and percent...Read More
If we did not have vast unfunded liabilities and rising socialism to contend with, then such a possibility of a partial backing is possible.Continue...Read More
Bob Moriarty of 321gold profiles a company with historical gold mines in California. A friend approached me a couple of years back about putting some money into a private placement for a young exploration company, Providence Gold Mines Inc. (PHD:TSX.V; PRRVF:OTCBB), that had an option on a number of old gold mines in the California mother lode country. I did and have waited patiently (well, not r...Read More