Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"I think their thinking is, hey, we are at the end and let's just grab all we can so when the system collapses, we will be okay. That is kind of a crude way of putting it, but I think they are going for broke because they know it is broke, and there is not much they can do about it." G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of T...Read More
In this video we analyze the potential impact the breakout in the stock market will have on gold & the gold stocks. We draw a few conclusions.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor,...Read More
"No policy disagreement with him, no matter how heartfelt, justifies undermining the lawful authority that is vested in his office by the Constitution...What's at stake is not PresidentContinue...Read More
The Fed would like you to believe that there's nothing to see here. Just a seasonal blip and there's no reason to be concerned. Dave believes there's something far more profound taking place. Could all the credit bubbles be getting ready to pop? Is there major bank asset deterioration taking place? It's not just the debt, it's all the derivatives that are wrapped up around the debt. If the underly...Read More
The swine flu epidemic in China has reached a new phase. Chinese are now switching from pork to chicken. Currently there's a Chinese Embargo on the importation of US chicken products, which will probably be lifted shortly. Egg demand is also increasing dramatically. Which leads to the question, which will they run out of first, the chickens or the eggs? Ned recommends a number of companies that wi...Read More
China's rebar futures rose again on Wednesday November 6 amid bullish sentiment following a cutin loan rates by the country's central bank at the start of the week, which pushed up spot rebar prices. Eastern China (Shanghai): 3,720-3,750 yuan ($532-536) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,640-3,660 yuan per tonne, narrowed upward by 10 yuan per tonnesThe People's Bank o...Read More
It happened. Hallelujah. Or maybe better: Watch Out! The yield curve, after having been at least partially inverted all year, un-inverted today.Continue...Read More
"They [democrats/communists] should not tell everything they're going to do," she said. "If you are going to take people's guns away, wait until you get elected and Continue...Read More
Gold has been mired in a months-long trading range. Until it breaks out - either to the upside or the downside - there's nothing to do except short-term tradesContinue...Read More
Understand that the current digital derivative and fractional reserve pricing scheme is rooted in fraud. Continue...Read More
The short-term outlook for the Canadian company is provided in a CIBC report. In an Oct. 25 research note, CIBC analyst Oscar Cabrera wrote that Lundin Mining Corp. (LUN:TSX) "continues to offer investors an attractive combination of a strong balance sheet, operating execution and financed brownfield growth."This view comes after the metals producer posted "strong operating performance" in Q3/19,...Read More
The company also connected two mineralized zones there. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) linked its Discovery 2 and 3 zones through drilling at its Black Pine project in Idaho, it announced in a news release. Together, the two linked zones, now referred to as the Discovery 2 zone, have a 400 meter (400m) width and a 300m strike length. Discovery 2 remains open in all directions. Also, re...Read More
The change is now in effect. Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCQX) began trading today on the OTCQX under the symbol GATGF, having upgraded from the OTCQB, it announced in a news release.Now, updated financial information about and real-time quotes on Gatling are available on the OTC Markets website. "Gatling Exploration Inc. utilized our OTCQB Venture Market to build their valuation...Read More
Prices for hollow steel sections in Northern and Southern Europe were unchanged this week while market participants digested the news about ArcelorMittal pulling out of the deal to buy Ilva, market sources told Fastmarkets on Wednesday November 6.A mill source told Fastmarkets that the Ilva situation had changed the market in Italy and that, as a result, some mills had withdrawn their existing off...Read More
Stocks went into the close around breakevenStocks were little changed today during a low-volume session on Wall Street, as traders continue to await more clarity on trade talks. Reports circulated that the U.S. and China may not come to a trade agreement until December, and a number of Fed speeches were front and center, as well. The Dow held right below its all-time high for most of the day, but...Read More
The shares are squaring off against a historically bearish moving averageOil prices are lower today, set to snap a recent winning streak, due to concerns about U.S.-China trade and a bigger-than-expected increase in domestic crude inventories. Meanwhile, one oil-and-gas stock appeared on our radar as a possible short play: Parsley Energy Inc (NYSE:PE), the shares of which are waffling today after...Read More
Options volume has picked up on TMHC and SUPNThe U.S. stock market is holding near record highs today, as Wall Street unpacks a series of Fed speeches. Among specific stocks making notable moves are home builder Taylor Morrison Home (NYSE:TMHC), cancer specialist Constellation Pharmaceuticals Inc (NASDAQ:CNST), and drugmaker Supernus Pharmaceuticals Inc (NASDAQ:SUPN). Here's a quick look at what's...Read More
Automotive production in Brazil increased by 9.6% year on year in October despite persistently weak exports and only a mild growth rate in new registrations, car manufacturers' association Anfavea said on Wednesday November 6.Production reached 288,512 units last month compared with 263,186 units in the corresponding period last year, which had been the highest monthly figure since Augus...Read More
Historical volatility is low on ATVIThe iShares Expanded Tech-Software Sector ETF (BATS:IGV) has mostly been in consolidation mode since August, struggling to break out above the $220 level. Not surprisingly, this price action is representative of the price action seen from one of the exchange-traded fund's (ETF) largest holdings, Activision Blizzard, Inc. (NASDAQ:ATVI). The video game company, al...Read More