Zero interest rates are pushing the world into the Greatest Depression. There's no stopping it. QE4 by any name is underway. Increased social unrest is spreading around the globe. In just the past week over a dozen countries are erupting. It's anti-establishment and anti-elite. The people are fed up with losing everything they have, while the rich get richer. It's beginning to look like George Orw...Read More
Over-built, over-speculation, over-controlled. China is using all the wrong tactics when it comes to Hong Kong, says Harry Dent. Watch his latest interview with Dave Okensquist to get his take on the international state of affairs, and how economic trouble is brewing in our own country as we inch closer to the 2020 election. Harry Dent is a Fortune 100 consultant, new venture investor, noted speak...Read More
The price of India-origin hot-rolled coil for export in the week ended Friday October 25 was down by $25 per tonne following aggressive price cuts by local mills in the wake of short-selling of the commodity in the Southeast Asian markets.The price of steel HRC (commodity), export, fob main port India, was assessed by Fastmarkets at $400-405 per tonne on Friday, down from last week's assessment at...Read More
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
"Today's Stories chosen by a team of journalists to catch you up on the news throughout the day."Continue...Read More
'new masculinity' is "very simple. It's I know who I am, and I respect who you are." "traditional notions of masculinity are being challenged."Continue...Read More
As longtime readers know, Doug is a legendary speculator who's made a fortune in the gold sector. He says this year's rise in gold is just the beginning... and now's the time to take advantage.Continue...Read More
Why the world is filled with fake money and how you can get richer using it.The #1 lesson in "Rich Dad Poor Dad" is, "The rich do not work for money."Today, I modified that to, "The rich do not work for fake money," in my new book "Fake: How Lies are Making the Poor and the Middle-Class Poorer."In this episode, I walk you through a brief history lesson so you don't fall into the trap of FAKE MONEY...Read More
Erik Townsend and Patrick Ceresna welcome Diego Parrilla to MacroVoices. They discuss Diego's Contrarian investment thesis, his concept of anti-bubbles and balanced portfolio construction and more.Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More
"I have never ever said this, but truth is, they got caught spying. They were spying." Continue...Read More
Attorneys John Bolton, President Trump's former National Security Adviser, are in discussions with House committees about the possibility of giving a deposition in their Continue...Read More
Mark Mobius is an emerging markets fund manager and founder of Mobius Capital Partners.Continue...Read More
"The Stella represents an attempt to integrate the world's money as one." Continue...Read More
Some weak economic data has convinced some investors that the Fed will continue to cut rates.Continue...Read More
Turkish prices for hot-dipped galvanized coil (HDG) fell in the week ended Friday October 25, with demand remaining weak, sources have told Fastmarkets.Some buyers believed that prices may increase, while others said that local demand was not strong enough to support price increases.The expectation for a price increase was driven by the recent price rises for raw materials.Fastmarkets' daily index...Read More
China's domestic hot-rolled coil prices remained largely stable on Friday October 25 on steady demand, though market participants have a bearish outlook for the longer term.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($495-498) per tonne, unchangedNorthern China (Tangshan): 3,500 yuan per tonne, narrowing upward by 10 yuan per tonneTrading activity remained moderate in Shanghai, while that...Read More
Indian domestic secondary billet prices in the current week fell following a drop in demand and in prices of finished long products, particularly rebar.The price of steel billet domestic, ex-works India assessed by Fastmarkets' on October 25 was down by 600 rupees ($6) per tonne to 26,000-26,200 rupees per tonne compared with last week's assessment at 26,600-26,800 rupees per tonne. "The...Read More
(Repeats to add links to FACTBOXES, no other changes) * Flagship forum to showcase Saudi future away from oil * Diversification slow to take off as investors remain wary * More participants expected than last year's event * Aramco IPO still biggest attractionBy Davide Barbuscia, Saeed Azhar and Stephen KalinDUBAI, Oct 25 (Reuters) - Wall Street's heavy hitters areback in Saudi Arabia but the terms...Read More
Domestic rebar prices in Poland have decreased over the past week, but the price trend is expected to change on the recovery of the international scrap market, sources told Fastmarkets on Friday October 25.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 1,930-1,960 zloty ($502-510) per tonne on October 25, down from 1,960-2,000 zloty per tonne ex-w...Read More