Relations between USA-China is moving from bad to worse. USA is interfering with Chinese sovereignty be it Hongkong or the South China Sea or Chinese dealing with Muslim minority. Gold and silver will remain firm as a result of this. Correction will be there if various US jobs numbers (release begins from today with November private ADP) beat street expectations. U.S. President Donald Trump warn...Read More
China's domestic rebar prices kept their downward trend on Wednesday December 4 as traders unloaded inventory. Eastern China (Shanghai): 3,970-4,000 yuan ($562-566) per tonne, down 20 yuan per tonne Northern China (Beijing): 3,700-3,740 yuan per tonne, down 10-20 yuan per tonneRising spot market inventory caused by weaker demand and high output led trading houses to urgently destock...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Poland just took back $5 billion of gold that was being held for it in London. Is that a sign of things to come? Signs of stress. Probably an important development. An unknown speculator bet $1.75 million on gold hitting $4k per ounce at a point in the future. The latest global debt number came out at over $250 trillion. Central banks are starting to act on the fear of an impending credit bust.Joh...Read More
Journalist and book author Michael Snyder says says no China trade deal will cause the stock market to "lose hope for the future." Snyder predicts stocks will "fall at least back to its long term averages, which is 40% to 50% lower than stocks are today."Join Greg Hunter as he goes One-on-One with Michael Snyder, creator of TheEconomicCollapseblog.com.Read More
Latin American crude steel output decreased by 14% year on year in October due to slower global economic growth and blast furnace outages in Brazil, regional steelmakers' association Alacero said on Tuesday December 3.Production reached approximately 4.9 million tonnes in October compared with about 5.67 million tonnes in the same month last year. Output for the first 10 months of 2019 totaled 50....Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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 the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Baltimore Mayor Bernard C. "Jack" Young warned in an interview this week with WBAL News' Vanessa Herring that a white van has been running around the city targeting young girls for their organs, reported The Baltimore Sun.Continue...Read More
When police stop vehicles for purported driving rules infractions, police will often take advantage of the situation to inquire about other matters in a "fishing expedition" to Continue...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
While our neighbor to the north has but a fraction of the US's population, what happens there is important here as well. Miami's real estate market is near collapse and hedge funds are taking a hit. What's happening in Canada is no different than what's happening here. Nonetheless, the migration from North to South continues on unabated.Portfolio Manager, attorney, finance author, a regular guest...Read More
Today's guest, Lior Gantz, shares his thoughts on the economy and why he thinks the world is heading for an interesting decade. During our chat Lior lays out a few examples as to why the rest of the world has caught up in productivity and now it's time for Americans to adjust.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful bu...Read More
David 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 people find their own trading style.Lynette Zang has held the position of Chief Market Analyst at ITM Trad...Read More
Trump not only failed to improve the US trade deficit in goods, but the service surplus is also shrinking on his watch.Continue...Read More
Despite dozens of tweets and sound bites saying otherwise, President Trump is reportedly considering sending thousands of more troops to the Middle East. Continue...Read More
"He's two-faced...I find him to be a very nice guy but the truth is I called him out on the fact that he's not paying 2% (of GDP on Canada's defense budget) and I guess he's not very happy about it."Continue...Read More
? + Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions? + Gold and silver bullion coins and bars owned by GoldCore's clients have been moved from Hong Kong to Singapore? + Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York? + Central banks are repatriat...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday December 4.Key drivers The scrap markets were down in the past week, with supply offer prices dropping against slowing demand in the run-up to year-end holidays. Metals producers typically run down their feedstocks in December, a time usually set aside for book-squaring, banking profits and settling accounts. The alloy market...Read More
The company will use the proceeds to explore its Nevada asset. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it closed the sale of its Yarumalito gold project in Colombia to GoldMining Inc.The divestment afforded Newrange undiluted funds for exploring its flagship Pamlico project in Nevada and a 1% net smelter return (NSR) royalty on Yarumalito. The transaction also "pave...Read More