Richard (Rick) Mills, Ahead of the herd In the first quarter of 2019, global debt hit $246.5 trillion. Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that started in the beginning of 2018, of reducing debt burdens, when global debt reached its highest on record, $248 trillio...Read More
Clint Siegner, Money MetalsThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversifi...Read More
By: Ira EpsteinGold's volatility has been coming out of the market. $1,498.7 would break the bearish pattern: Read More
Chilean iron ore and long steel producer Compa???-a de Acero de Pac?-fico (CAP) was forced to reduce production from some of its iron ore operations in the week to Wednesday October 23 amid widespread anti-government protests in the country.CAP's 75%-owned mining subsidiary, Compa???-a Minera del Pac?-fico (CMP), had partial interruptions to operations at one of its iron ore pellet plants and at t...Read More
Discussed in this interview:02:07 Fed unwinding balance sheet to pre-QE levels is a pipe dream06:19 Ridiculous that the US has never had a failed bond auction10:15 US shale oil industry could be soaking up unwanted dollars12:48 De-dollarization: Foreigners do not want dollars20:31 Energy independence? US still needs Saudi oil22:18 Oil is the main sustenance for the US dollar22:45 The ridiculous pa...Read More
Edward Snowden is an American whistleblower who copied and leaked highly classified information from the National Security Agency in 2013 when he was a Central Intelligence Agency employee and subcontractor. His new book "Permanent Record" is now available.Read More
Find out how pensions are leveraging the credit market via the shadow banking system. Brian Reynolds joins Robert to discuss how we're likely in another boom-and-bust cycle driven by shadow banking.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales f...Read More
Michael says the "Fed has no idea what they are doing." Last year they said they would be quietly conducting quantitative tightening to lower their balance sheet and would be raising rates. Then a year later, having never reached 3.5%, they are now sending rates much lower. Their quantitative tightening program blew up the junk bond market, and now they are back to monetizing the debt just like an...Read More
"There is some real liquidity monetary tightness that is pushing things to the verge of collapse, really. They are doing everything they can to stave it off."Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends. Read More
Slides and Links: https://www.itmtrading.com/blog/qa-wi...Viewer Submitted Questions:Question 1. BJbandjla: Some people say that central banks actually want the global monetary system to collapse to facilitate a wealth transfer to the elite. Others say the banks really don't have any grand plan for a new system and are in 'panic mode' because of failing derivatives, liquidity issues, bank insolven...Read More
Facebook is spending millions of dollars a year to purchase influence with politicians and regulators. Continue...Read More
"With this breakthrough we're now one step closer to applying quantum computing to-for example-design more efficient batteries, create fertilizer using less energy, and figure out Continue...Read More
Slides and Links: https://www.itmtrading.com/blog/bigge...In the last Great Recession (although it was incredibly tough for many people -and still is), there was one huge factor people are forgetting. And that is...the BANKS were the epicenter of that Crisis. In this video I'll show you how that is no longer the case, and how YOU are now the epicenter of the current Crisis. The risk has already be...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
In this video I discuss the life cycle of a typical successful junior company and the two points at the cycle to buy. I delve into one of those points and what I look for in exploration companies.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 timi...Read More
"It's pretty clear that he's not bringing home the troops. He's moving troops back into Iraq. He's moving other troops into Saudi Arabia."Continue...Read More
"Daryl Morey was right. Whenever you see something wrong going on anywhere in the world, you should have the right to say, 'That's not right.' And that's what he did. But again, sometimesContinue...Read More
Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) will resume operations at its No3 blast furnace later this week, after a maintenance outage lasting more than three months.The company told Fastmarkets about the restart late on Tuesday October 22 and the resumption in output will add steelmaking capacity to the country's already-flat steel market. Prices are already under p...Read More
Mervyn King is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013.Continue...Read More
Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs Continue...Read More