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 Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Dave Collum, professor of organic chemistry at Cornell University and a libertarian with an annual year in review newsletter. They discuss 'rolling loans which gather no losses' as a strategy coming to an end at the zero bound - unless interest rates go deeply negative. They also discuss the inevitable arrival of Modern Monet...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a pr...Read More
"He's right, I was wrong...I was overconfident as director in our procedures." He also stated that what happened "was not acceptable."Continue...Read More
Snowden makes sure to emphasizes that the victims of this type of persecution over the last few years extend beyond Manning and himself. Indeed, the charging of Julian Assange under the Espionage Act Continue...Read More
Criticizing the "public sector" is tricky, because teachers, firefighters, cops and bus drivers are by-and-large great people doing hard things that benefit the rest of us.Continue...Read More
Trump is just the fourth president in the history of the United States to have articles of impeachment get this far. Of course, this is really just politics as evident by the party-line vote. Continue...Read More
The dollar collapse is underway, SHOULD YOU BE WORRIED?...YES! In this video Lior Gantz gives a great analogy that will help you understand the global outlook of the dollar.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportuniti...Read More
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 by political dogma, rigid ideology or conventional wisdom,...Read More
"Nancy Pelosi isn't just hemorrhaging votes for her impeachment gambit, she's now facing wholesale defections from the Democrat party because of its impeachment hysteria."Continue...Read More
"They (Deep State) are convinced there are going to be indictments. Secondly, there is AG Barr's outrage over (IG) Horowitz's report and what it did not do. He made statements that there was spying and actions by government officials that need to be criminally looked into. Barr's outrage over this shows me that there are going to be indictments, and that he is taking this seriously. Again, when Ho...Read More
We're on the verge of a huge commodities boom.Fundamentals for metals, energy, agricultural products, and industrials like iron ore are primed for takeoff.Continue...Read More
As can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between Continue...Read More
The company reports the assays for its campaign's last two drill holes for its Canadian REE project. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) announced in a news release that the final two holes of the recently finished 2019 drill program at its Wicheeda rare earth elements (REEs) project in Canada intersected light rare earth oxide (LREO) mineralization. The LREOs are cerium, lant...Read More
Earlier this year, various gold stock indices (XAU, HUI, GDX) gained more than fifty percent in just three months. Most of the negativity associated with the sector was brushed aside and replaced by positive expectations for the future.Of course, the 90-day rush to this year’s highs did not occur in a vacuum. The price of gold rose by twenty percent over the same three-month period. Th...Read More
Technical analyst Clive Maund charts the longer term picture for silver.Like gold, silver has been in a corrective downtrend following its peak early in September, and it looks like it has further to run before its done, partly of course because we have a downside target for gold in the $1360–$1400 area before it turns up. On the 6-month month we can see how it has been stumbling lower withi...Read More
Turkey is calling for a level playing field when it comes to trading with the European Union and the United States, Turkish steelmakers said during a panel discussion at Fastmarkets' Middle East Iron and Steel conference in Dubai.Speaking on Tuesday December 10 in a panel discussion about the protectionism Turkish steel faces in its major steel export markets, panelists said they were on...Read More
Major Chinese steelmakers' daily crude steel output dropped in late November, according to data released by the China Iron & Steel Association (Cisa) on Tuesday December 10.Daily crude steel output November 21-30:...Read More
China's finished steel exports decreased on a year-on-year basis in November, according preliminary Chinese customs data released on Sunday December 8.November exports: 4.56 million tonnes...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 13 that are worth another look.The digitization of the iron ore market took another step forward this week with trader Cargill completing its first e-contract transaction for iron ore with a Chinese steelmaker, Ningbo Iron & Steel.Chinese copper smelter Jiangxi Copper and Zambian blister copper producer Chambishi (CCS) h...Read More