Domestic prices for cold-rolled coil (CRC) in the EU have decreased over the past week due to low levels of market activity, sources told Fastmarkets on Thursday October 17."Demand is low and the outlook is gloomy because there are no signs that demand or prices will recover any time soon," a European trader said.In addition, prices for hot-rolled coil, the material used as feedstock for CRC produ...Read More
Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More
"They [Federal Reserve] don't know what they're doing!"Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to in...Read More
Discussed in this interview:03:13 Shadow banking system is oversized once again05:26 Fed's repos are similar to quantitative easing10:13 Liquidity seizure are extremely rare events12:06 Preventing contagion from overnight lending market16:08 Will the US follow the rest of the world into negative interest rates?18:14 Negative interest rates 'un-American'21:03 Signs of a coming recession23:05 Expect...Read More
Demand for passenger cars in Europe jumped by 14.48% year on year in September 2019, the European Automotive Manufacturers Association (ACEA) said on October 16.New car sales in Europe totalled 1,249,403 vehicles in September this year, compared with 1,091,390 units sold in the corresponding month of 2018."To a large extent, this strong year-on-year growth is the result of a low base [for the...Read More
Today's guest, John Rubino, shares his thoughts on the financial markets and global economy. During our discussion John mentions that all the negative activity is signaling that we are close to some type of market top.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Coll...Read More
Given the crisis actions currently being taken by central banks, the drastic erosion of constitutional liberties and privacy, and the unprecedented levels of debt & derivatives posing risk of global financial collapse, you may be wondering whether you should relocate in order to reduce taxes, government intrusion, and other risks. But where should you consider moving, and what factors should you c...Read More
Slides and Links: https://www.itmtrading.com/blog/big-e...There's a large majority of the population (hopefully not you) that believes they'll have time to do something before the Big Emergency takes place; time to move their money, time to get prepared, etc. However, I'm going to cover some Seismic Deadlines in this video, which are not only Looming, but will leave little warning when they take p...Read More
Peter Schiff discusses how the Federal Reserve plays an integral role in the economic recessions of the past. Peter covers cause and effect, and how different functions of the markets, politics, national debt, and central banks influence and shape the future of the world economy. He also gives insight on where he sees the economy heading, and how his prediction is likely to pass in the near future...Read More
According to the Washington Post's Josh Rogin, the former president said, "An isolationist United States is destabilizing around the world" and "We are becoming isolationist and Continue...Read More
Edward Snowden is former CIA officer and whistleblower, and author of Permanent Record. He is president of the board of directors of the Freedom of the Press FoundationContinue...Read More
When faith and confidence are lost in the US dollar, there will not be many places people can go to convert their rapidly devaluing currency into something real, except for into gold & silver. In fact, David says the coming run to gold will be historic, and he expects silver to perform even better!David sat down with Half Dollar on Thursday to discuss a variety of important economic and market top...Read More
Generally speaking, if you can afford to buy a decent house you do it. Owning is viewed by most people to be both simpler (no worries about your landlord selling a rental Continue...Read More
The BEST hope for Gold, Silver and Crypto prices to rise is the failure of the market riggers....and the best gauge of their failure is HOW MUCH MONEY they need from the Fed to bail them out!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has d...Read More
Gordon T. Long joined for a review of the recent disruptions in the Repo market and what are its possible causes. The Fed has come to its rescue so all is well. But are we actually witnessing stealth collapses of major banks? The Fed is being quite opaque on the subject. In other news, the Fed is buying $60 billion per month in securities, a/k/a QE4. There's much more here.Mr. Long is a former sen...Read More
Mark Hulbert explains why we should all be tracking the University of Michigan's Consumer Sentiment Index and the Conference Board's Consumer Confidence Index moving forward into the end of 2019Continue...Read More
China cut its holdings of US Treasuries by $6.8 billion in August, marking the lowest level since May 2017, according to data from the US Treasury Department released on Wednesday.Continue...Read More
Remember "defined benefit" pensions? That is the kind of plan in which the employer guarantees the worker a set monthly benefit for life. They are increasingly scarce except for smallContinue...Read More
The price rises of gold and other precious metals in recent months should have propelled the junior-mining industry. What is holding it down?For Frank Holmes, CEO of US Global Investors and a regular commentator on financial television networks, the answer is regulation. Many banks and brokers cannot recommend junior-mining stocks due to government limits on investors and environmental, social, an...Read More