Here is what's new today on INK Ultra Money. INK Research CIA subscribers have full access to all Ultra Money videos including premium content. Non-INK subscribers can sign-up directly on INK Ultra Money or stay tuned for a special offer coming here soon.1. The sun is shining on CIBC and Canadian Financials - INK Research (Subscriber content)It is rare to see insider buying at a big Canadian ba...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Spot prices for lithium in China moved down this week due to lower prices amid ample supply, while the seaborne Asian lithium market also declined with increasingly lower prices reported.The battery-grade lithium carbonate price drifted lower. Technical and industrial-grade carbonate prices remained weak. Lithium hydroxide prices continued their downtrend due to low demand.The Asian battery-grade...Read More
Prices for imported flat-rolled steel in South America were mostly down in the week to Friday September 20, given a continuing global downtrend and low demand from the region.Fastmarkets assessed the price for steel hot-rolled coil import, cfr main ports South America, at $490-500 per tonne on September 20, down from $500-515 per tonne a week before and the lowest level seen thus far in 2019.New o...Read More
Turkish prices for hot-rolled coil and cold-rolled coil (HRC, CRC) continued to fall last week on low demand and further price falls are expected, sources told Fastmarkets on Friday September 20. G??rkem Bolaca, ceo of global steel trading company Galex Steel believes HRC prices will hit $380 per tonne levels in a couple of months. Global demand is weak and all markets expect price falls, he told...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 341,51158,91265,382163,008481,407569,901605,701 Change from Prior Reporting Period 7,397-5,4774,3456,94719,73518,68918,603 Traders 21167785256291177 Small Speculators LongShortOpen Interest 61,08925,289630,990 -2,452-2,36616,237 non report...Read More
Michael Pento Ph.D. & Chris Waltzek Ph.D. - September 19th, 2019. * .Mp3 format.HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com. The duo concur that the US PODUS is attempting improve the position of the domestic economy. The EU and related economies may be on the cusp of a new Great Recession. The EU enacted QE operations via 20 bil...Read More
Meanwhile, Socialist Elizabeth Warren Surges Past BidenBy Mike Gleason, Money Metals Exchange It's been a big week of geopolitical strife and potential crisis points for financial markets. The week began with one of the biggest single day oil spikes on record, then saw the Federal Reserve lose control of its own interest rate in the repo market before announcing another rate cut. Yet these an...Read More
Stewart Thomson, Graceland Updates 1. Please click here now. The Fed just cut interest rates again. It also cut the rate it pays banks on their excess reserves. 2. What does this mean for gold? Well, the 30basis point cut on excess reserves is bigger than the 25basis point cut on the fed funds rate. That could incentivize banks to loan money to the private sector rather...Read More
By: Ira EpsteinGold in a correction but on a weekly basis remains in an up-thrust, but I am concerned gold is challenging short-term lows..Read More
Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil were stable over the week ended Friday September 20, even though market participants were expecting falls, sources have told Fastmarkets.Prices for hot-rolled coil, the base product for coated coil, have been coming down recently, and coated coil prices were expected to follow soon.Domestic pricesDemand in the country's loca...Read More
Eric Sprott discusses the price manipulation charges in precious metals and his personal method for trading the mining shares. He also answers listener questions regarding some specific mining companies.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest indep...Read More
"Lowe's has augmented its in-store security cameras with software that tracks individuals' movements throughout the store using a unique scan of face geometry. Put simply, Defendants surreptitiously Continue...Read More
Harry Dent is seeing early warning signs of a liquidity crisis...just like in 2008. Watch now to find out what the Fed is actually liable to do regarding rate cuts at Trump's insistence. Harry also reminds us why this year's conference could be the most important Irrational Economic Summit yet! Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the...Read More
GoldSeek Radio's Chris Waltzek talks to Michael Pento, President and Founder of Pento Portfolio Strategies.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...Read More
Society is pretending its actions don't have consequences. It's badly mistaken. History teaches us that there is no free lunch, reminds Dr. Ben Hunt, publisher of EpsilonTheory.com. And science informs us that even the most simple systems become nearly impossible to predict or control with 100% precision as time and variables change.But our society today is ignoring these lessons. It's betting tha...Read More
"While the unemployment rate is low by historical standards, there is little evidence that low unemployment poses a significant inflation risk in the current environment."Continue...Read More
The NY Fed said it would purchase up to $75 billion of debt between 8:15 a.m. and 8:30 a.m. Securities eligible to be sold to the Fed include Treasuries, government-sponsored Continue...Read More
Our good friend Nick Santiago is still very bullish on the yellow metal and the shiny metal too. He sees a period of consolidation followed by more gains, likely before year's end. He's also seeing an end to Fed easing, no more rate cuts, for better or worse. Interest rates have bottomed and should see some increases ahead. Oil is right around where it should be and will probably stay close to its...Read More
A 7.5% year-on-year fall in apparent steel consumption in Brazil in August was largely due to declining domestic sales, particularly in the long-steel sector. Consumption totaled 1.81 million tonnes in August, down from 1.95 million tonnes in the same month of 2018, national steel association Instituto A??o Brasil said on Thursday September 19. Demand for flat-rolled products of 1.06 million tonne...Read More