Former Reagan Administration official and RPI Board Member David Stockman joins RPI's 2019 Washington Conference with a blistering critique of NATO and of US interventionist foreign policy.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 Brother...Read More
The ruthless jostling for power ... the spiraling of government debt & deficits ... the cascade of failed (yet still endless) wars ... the Fed's money printing ... the promises of FREE everything ... None of it will save the Empire. Liberty is the only way out!Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, i...Read More
"It can be expected that the U.S. will launch airstrikes on Syria in the very near future (probably within the next two weeks), using false accusations of using chemical weapons Continue...Read More
With Elizabeth Warren surpassing him in a national poll for the first time, Joe Biden is finally acquiescing to the pressure from his party's increasingly left-wing voters Continue...Read More
With the price of oil still on edge over the duration of Saudi Aramco repairs and speculation over how long until Saudi oil output is fully restored, moments ago Continue...Read More
The gold price tends to rise in times of crisis, but according to Frank Holmes, CEO and chief investment officer at US Global Investors, the yellow metal has the potential to go much higher even without a major calamity.Speaking at the Denver Gold Forum, Holmes explained that worldwide money printing triggered by attempts to stimulate economic activity could lead to a substantial gold price increa...Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday September 27. Europe The high carbon ferro-chrome price dropped at the top end of the current range after reports of deals done below that range, although most sources reported quiet business conditions.The market is expected to be relatively quiet ahead of the fourth-quarter European charge and h...Read More
Stainless steel prices in Europe have remained stable for a second week but increases will be inevitable next week because of higher October alloy surcharges, sources told Fastmarkets on Friday September 27.Because of high nickel prices in recent weeks, it was expected that some European stainless steel mills this week would announce monthly alloy surcharges for October at substantially higher lev...Read More
Stocks dropped amid reports Trump could delist Chinese firms from U.S. exchangesThe Dow finished the week on a gloomy note, logging a modest loss amid the latest U.S.-China trade drama. The blue-chip index started off in the black, but ultimately turned lower after a Bloomberg News report signaled the Trump administration is considering limiting capital flows to China, including possibly delistin...Read More
There are some reasons to believe the market volatility could continueWhile it's likely an overused phrase, it truly was a wild week on Wall Street, thanks mostly to the inquiry into impeaching President Donald Trump. That wasn't the only market-moving headline out of Washington, D.C., however. Throughout the week traders were met with updates on the U.S.-China trade relationship, and even though...Read More
A Bloomberg report said the U.S. is considering delisting Chinese firms from U.S. stock exchangesStocks have erased early gains on a report from Bloomberg that U.S. President Donald Trump is considering limiting capital flows to China, including potentially delisting Chinese companies from U.S. stock exchanges. This news is rocking Chinese stocks including e-commerce name JD.Com Inc (NASDAQ:JD). S...Read More
Citron thinks MCK stock could be cut in halfMcKesson Corporation (NYSE:MCK) stock is trading lower today, after the Texas-based pharmaceutical firm became the target of Citron Research. In a report titled, "The Two Words That Will Wipe Out Half of McKesson's Equity -- 'Public Nuisance'," the short seller called the company "complicit in fueling the opioid crisis," and said recent court documents i...Read More
LTM call volume is running at more than 600 times the normal clipThe shares of LATAM Airlines Group SA (NYSE:LTM) are among the best of the New York Stock Exchange (NYSE) today, after Delta Air Lines (DAL) took a 20% stake in the Latin American carrier for $1.9 billion. As such, LATAM ended its partnership with American Airlines (AAL), and Delta is selling its stake in Brazilian carrier Gol Linhas...Read More
SFIX will report earnings after the close on Tuesday, Oct. 1As earnings season starts to pick up again, online stylist Stitch Fix Inc (NASDAQ:SFIX) will be one of the first companies to step up to the plate, set for its fiscal fourth-quarter report after the close this Tuesday, Oct. 1. Ahead of the event, SFIX is struggling today -- down 1.7% to trade at $18.49 at last check -- after a fresh bea...Read More
The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it will be due to inflationary pressures. It is a critical component to understanding whether cyclical commodities and other aspects of a greater inflation/reflation trade will finally break existing downtrends. See...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 370,39357,94961,489163,585508,730595,467628,168 Change from Prior Reporting Period 28,882-963-3,89357727,32325,56622,467 Traders 22068775253299174 Small Speculators LongShortOpen Interest 63,47730,776658,944 2,3885,48727,954 non reportable...Read More
The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver gold is even more overbought, and still facing a massive gold-futures-selling overhang. This makes October, gold stocks' weakest month seasonally...Read More
By: Ira EpsteinGold daily chart: sideways market. Should gold get under $1,492, this market could get very ugly, very fast. If it doesn't do that then what?Read More
By: Gary SavageThe Odds Are Very High That the Daily Cycle Has ToppedRead More