CIS billet producers were in a bullish mood in early December despite the slowdown in trading activity, after another round of scrap price increases last week spurred them to increase offers. Billet offers from CIS mills surged to $395-405 per tonne fob Black Sea in the first week of December, against $385-395 per tonne fob a week earlier. "CIS mills pushed their prices higher on the back of highe...Read More
If history were to repeat itself, the recent escalation of the trade wars could result in a recession, this according to Doug Casey, founder of Casey Research."It was the Smoot-Hawley tariffs that really brought on the last Great Depression, and it could happen again this time. The world is much more involved in trade now than it was in the 1920's," Casey told Kitco News. Doug Casey is an American...Read More
Topics include: on the verge of economic collapse, the Bernanke bust, repurchase agreements and QE, inter-bank LIBOR rate cuts, negative interest rates, massive currency creation, impossible to be fixed, vital to be prepared, modern monetary 'theory' and socialism, risk of hyperinflation, safe havens in precious metals and certain cryptos, zero risk in precious metals, self-sufficiency, GoldSilver...Read More
David remains convinced that we remain in a bull market for precious metals that began back in 2015. Gold remains well above its breakout level of $1350, but silver is struggling below $17. In addition, there is further resistance to overcome between $19 and $21.Time Stamp References:0:40 - The outlook for gold and silver.3:20 - What to look for in juniors?11:30 - What would you have done differen...Read More
Do you really own your own home? Are your taxes constitutional? Do you have any privacy left? Can you trust the mainstream press and government statistics? John Whitehead, founder of the Rutherford Institute, constitutional attorney who for nearly 40 years has fought cases all the way to the Supreme Court, joins Finance & Liberty and Reluctant Peppers this first time for a scorching survey of unco...Read More
As a towering libertarian figure and former presidential candidate, Ron Paul has been advocating for reform of the Federal Reserve for years. Recent political drama obscures the fact that the current monetary system, he argues, works to the benefit of an out-of-control government and its insiders, not the average citizen. Leading US presidential candidates rightly rail against crony capitalism but...Read More
Britain's first transgender couple have stoked controversy by revealing that they will allow their 5-year-old child to also begin gender transition.Continue...Read More
60 Minutes found that over 300 video ads for President Trump were taken down already by Google for violating company policyContinue...Read More
Steve Keen joins us from Amsterdam to break down the ECB's latest move and how central banks have come under fire around the globe.Steve Keen is an Australian-born, British-based economist and author of the book Debunking Economics. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate pro...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Allison Ostrander of Simpler Trading returns...Read More
Domestic prices for steel rebar in the United Arab Emirates have increased over the past week on strong demand, market sources told Fastmarkets on Tuesday December 3.Prices are expected to continue climbing due to the global rise in production costs and low stock levels in the country, sources in the UAE said.Billet importsBillet was booked from Oman at about $425-435 per tonne cpt, while offers f...Read More
Bill and Hillary Clinton would often stay at Jeffrey Epstein's New Mexico ranch after they left the White House, according to former estate workers and the Daily Mail.Continue...Read More
Sixty percent of small business owners approve of the way President Trump is running the country, the highest approval rating number since the survey beganContinue...Read More
"In some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now and we'll see whether the deal's gonna be right - it's gotta be Continue...Read More
Investors are rushing into gold to start this week on fears that a December 15th deadline for a "phase one" trade deal will not be met. Continue...Read More
China's domestic rebar prices decreased on Tuesday December 3 amid bearish expectations for weakening demand but high output over the next two months. Eastern China (Shanghai): 3,990-4,020 yuan ($566-571) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,720-3,750 yuan per tonne, down 40 yuan per tonne December and January are seasonally weak months for rebar demand in mo...Read More
A site visit to this company's project generated optimism in James Kwantes of Resource Opportunities. Assays are pending for holes drilled this season at Iron Mountain and Camp Zone, two of Group Ten Metals Inc.'s (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) most advanced targets at the Stillwater West platinum group element (PGE)-copper-nickel project in south-central Montana. I initiated coverage on Grou...Read More
The transaction is in line with the Vancouver-based company's business model. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release it agreed to sell its Gold Bar project in Nevada to McEwen Mining's subsidiary, McEwen Mining Nevada, and thereby retain a related royalty."This transaction will be our second transaction with McEwen and fully supports our business model of ge...Read More
Freeman Smith, VP of exploration at Riverside Resources, speaks to Maurice Jackson of Proven and Probable about his company's exploration plans for its newest project in Ontario.Maurice Jackson: Joining us for a conversation is Freeman Smith, the vice president of exploration for Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Glad to have you on the program to discuss the latest developments c...Read More