Full Transcript: https://www.moneymetals.com/podcasts/...Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered b...Read More
The fear that today's low or negative interest rates render central banks helpless in face of the next economic crisis.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklah...Read More
Looking for leaks? Consider the number of people Trump has in the room when he makes calls as well as the phone itself.Continue...Read More
Jeanine Anez, one of the Bolivian Spanish elite, has declared herself the President of Bolivia. She is one of the elite allied with Washington who accused Evo Morales ofContinue...Read More
Seaborne iron ore prices were rangebound on Monday November 18, as market participants awaited the official announcement for the winter heating season restrictions in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $85.77 per tonne, up $0.73 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $85.80 per tonne, up $0.73 per tonne.62% Fe low-alumina fines, cfr Qingdao: $85.20 per tonne,...Read More
"Even though I did nothing wrong, and don't like giving credibility to this No Due Process Hoax, I like the idea & will, in order to get Congress focused again, strongly consider it!"Continue...Read More
Here we go again. Fresh doubts over a U.S.-China trade deal pushed stocks lower and gold higher on Monday. Continue...Read More
321gold founder Bob Moriarty explains that 'dishonest money' is the #1 problem facing the world today Continue...Read More
Prices in the CIS export slab market continued to rise in the week to Monday November 18 with new bookings in Turkey being made at higher levels.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, was $367-370 per tonne on November 18, up from $340-360 per tonne on Monday last week.Rising costs for raw materials, particularly scrap, and increased finished flat steel pr...Read More
China's domestic rebar prices increased further on Monday November 18 amid low inventories, though participants were less optimistic about the market due to softening demand. Eastern China (Shanghai): 3,940-3,970 yuan ($562-566) per tonne, up 70-80 yuan per tonne Northern China (Beijing): 3,720-3,750 yuan per tonne, up 20-30 yuan per tonneLow stock levels in the spot market continued to provide up...Read More
Over the past 20 years, this company's shares have outperformed gold by more than five to one. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT), throughout its 20-year history, has focused on buying assets with exploration upside in low-risk jurisdictions during down times and selling noncore assets during good times, using the proceeds to fund exploration at its larger and more advanced projects, ther...Read More
Sector expert Jason Hamlin explores the potential of the current gold bull market by charting the courses of past bull markets. The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The br...Read More
Sector expert Michael Ballanger interprets the latest market moves and manipulations. Gold bars"For every action, there is an equal and opposite reaction." Sir Isaac Newton (Newton's Third Law)In nature, where everything moves freely absent human interference, her omnipotent forces are allowed to manifest themselves in manners that create a living ecosystem that supports life in the air, on land...Read More
There are 46 claims on the Quebec property being purchased. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTC) announced in a news release it entered an agreement to acquire Golda Resources Inc., owner of the McKenzie East gold project located north of Val D'Or in Quebec. The deal will include the 46 claims across 1,676.25 hectares of claims on the property."We are extremely pleased to acquire this...Read More
Billet producers in the Gulf Cooperation Council (GCC) countries have become more active in export markets this year amid a slowdown of construction activity in the region, Fastmarkets has learnt.Steel demand in the Middle East is expected to shrink by 4.6% in 2019, according to estimates from the World Steel Association (Worldsteel). And the lower demand at home this year has meant that GCC bille...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 15.ChinaThe domestic spot alloy price in China remained steady with producers continuing to report limited supply of 75% grade material but that demand also remains weak. The export alloy price was similarly unchanged after major Chinese suppliers refused...Read More
Oil prices dropped sharply, thoughStocks traded in a tight range today, but though the Dow, S&P 500, and Nasdaq closed near breakeven, all three indexes managed to grab fresh record highs. Trade uncertainty was hanging over equities early on, with the weakness spreading to the commodity space, where oil prices struggled. The action could pick up tomorrow, however, as earnings will come into focus...Read More
Short-term MU options are pricing in low volatility expectations right nowMicron Technology, Inc. (NASDAQ:MU) is slated to report earnings in mid-December, and the chip stock has a history of making big post-earnings moves -- averaging a next-day swing of 7.2% over the last two years. One options trader on Friday wagered on another volatile earnings reaction for Micron, initiating a long straddle...Read More
The European Union is accusing Amazon of prioritizing merchants using its warehouse and delivery servicesThe shares of Amazon.com, Inc (NASDAQ:AMZN) are waffling around breakeven today, slightly higher at last check to trade at $1,738.34. This comes after Bloomberg reported over the weekend allegations from European Union antitrust regulatorsthat the e-tail giant is prioritizing merchants who util...Read More
CNC is pacing for its best close in monthsCentene Corp (NYSE:CNC) shares are building off of Friday's 5.3% rally, up 2.8% at $59.16, putting them on pace for the highest close since mid-March, and the first above the 320-day moving average since around the same time. Another weekly win this week would be an eighth straight for the healthcare stock, and even with the $60 region standing overhead as...Read More