"The Fed has enabled politicians to essentially escape fiscal responsibility entirely."David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner,...Read More

The recent economic numbers are starting to have a decidedly negative bent to them. Manufacturing is down, the stock market is heading down and nobody knows where it will stop. Trump has been haranguing the Fed to rapidly lower rates and now it appears that he'll have his wish. Another rate cut is in the offing. Will we go totally negative or just hit zero? That's the question.John Rubino is the f...Read More

Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo market until November 4.The repo market provides a means for banks that are temporarily short of cash to obtain short-term (usually...Read More

"I have always appreciated the significant support our Chinese fans and sponsors have provided and I would hope that those who are upset will know that offending or misunderstanding themContinue...Read More

South Park episodes, discussions, tweets and fan pages have all been purged from the Chinese internet after the creators took aim at the communist party'sContinue...Read More

Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More

The biggest force behind the startup bubble in the US has been SoftBank. But the scheme has run into trouble, and a lot is at stakeWolf 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 Tex...Read More

Continue...Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Ass...Read More

"It is time for us to get out of these ridiculous Endless Wars, many of them tribal, and bring our soldiers home. WE WILL FIGHT WHERE IT IS TO OUR BENEFIT, AND ONLY FIGHT TO WIN."Continue...Read More

I'm often asked where I stand on wind, solar and other alternative energy sources.My answer is: I love them. But they're incapable of enabling our society to smoothly slip over to powering itself by other means.Continue...Read More

I can already see the hate mail coming in.But, it's true. Americans, living in the U.S., shouldn't buy physical gold right now.Continue...Read More

The European ferro-silicon market was unchanged despite a lower fourth-quarter deal being done in the week ended Friday October 4 because suppliers are waiting for further quarterly deals for delivery up to January before making any decision on their offer prices for prompt shipment. European suppliers hold offer prices European demand slower than usual, more Q4 business expected US mar...Read More

The People's Bank of China raised gold reserves to 1,957 tons last monthContinue...Read More

The rationale for this view of the company is provided in an Echelon Wealth Partners report. In an Oct. 3 research note, analyst Gabriel Gonzalez reported that Echelon Wealth Partners continues to consider Revival Gold Inc. (RVG:TSX.V) a Top Pick, as the company's 2019 exploration program results "firm up the Beartrack-Arnett Creek thesis."That thesis is that potential exists for restarting a min...Read More

These increases indicate an "attractive, near-term development opportunity," the company states. Premier Gold Mines Ltd. (PG:TSX) announced in a news release the results of an updated mineral resource estimate for the Hardrock deposit in Ontario, owned by Greenstone Gold Mines, a 50/50 joint venture between Premier and Centerra Gold.The updated estimate, prepared by GMining Services, indicates a...Read More

This is another addition to the Vancouver-based company's growing asset portfolio. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release it closed the purchase from a private party of all rights and interests to a 1% net smelter return (NSR) royalty on the Lincoln Hill property in Nevada (operated by Coeur Mining). Ely Gold also acquired the right of first refusal on an add...Read More

The Critical Investor digs into what the proposed joint venture means for this junior project generator. Despite being a hybrid prospect generator, meaning self-funding projects and also being funded by joint venture (JV) partners, Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) has finally succeeded in signing a nonbinding letter of intent (LOI), on Oct. 1, for a nice JV deal on its Alvala...Read More

Demand for flat steel products in Turkey was weak in September 2019 because of global price falls, market participants have told Fastmarkets.And local producers have now filled their order books until late November, they said on Wednesday October 2.Turkish steel prices increased on May 17 after the import duty into the United States, which had been applied at a rate of 50% in September 2018, was c...Read More

Taiwan will defer the imposition of anti-dumping and countervailing duties on five Chinese steel and stainless steel products, the island's customs administration said last week. The decision to delay the tariffs was made after considering the recommendation of Taiwan's International Trade Commission (ITC), the impact on Taiwan's economic interests and the global economic situation, Taiwan's Custo...Read More

High-level trade negotiations between the U.S. and China are set to resume later this weekThe Dow finished lower to start the week, with all eyes turned towards this week's high-level trade talks between the U.S. and China, set to take place Thursday in Washington, D.C. While White House economic advisor Larry Kudlow struck a positive tone earlier in regards to the two nations coming to an agreeme...Read More