Crista Huff is bullish on the stock market. So are we. But is it really just a melt up or is it a sign that the real economy is taking off? We don't really know the answer to that one yet. But we do know that a trend in motion stays in motion. And right now the trend is bullish, so until it stops, we have higher numbers to look forward to.Read More
TOPICS IN THIS INTERVIEW:01:05 Gold breaking barriers on the eve of the greatest Banking crisis EVER07:05 Stock market hype, inflated Dollar and illogical markets11:25 Rampant Bitcoin manipulation and overcoming market noise21:45 Health before wealth and true freedomJeff Berwick AKA the Dollar Vigilante back with us for the latest insights on the economic markets, Jeff explains the game plan of th...Read More
Sam discusses how 2015 was the bottom of the bear market for gold and why he doubts that we will ever see those levels again. Gold may retest the 2016 highs over the next month and then head higher by the end of this year.Sam believes that markets are inefficient and that underlying systemic risks have yet to be priced into gold. He recommends investors keep a close eye on the Fed's balance sheet...Read More
Speaking at the New Orleans Investment conference, Danielle DiMartino Booth said that a financial crisis may be looming in the US and abroad.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the auth...Read More
Journalist Glenn Greenwald was slapped in the face live on air by a Brazilian journalist.Continue...Read More
China's National People's Congress has passed a new law to create a digital yuan. Back on December 5, 2013, the People's Bank of China (PBOC) took its first step in Continue...Read More
The long-awaited US withdrawal from Syria appears to have been paused, with Pentagon sources saying around 800 troops will stay behind to "guard" Syria's oil.Continue...Read More
Sprott's Ed Coyne discusses the current state of the gold market with John Hathaway and Ryan McIntyreRead More
Physical iron ore prices weakened further on Thursday November 7 amid losses in derivatives markets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $83.17 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $83.20 per tonne, down $0.09 per tonne.62% Fe low-alumina fines, cfr Qingdao: $82.05 per tonne, down $0.81 per tonne.58% Fe fines high-premium, cfr Qi...Read More
The price for steel rebar in Egypt decreased in the week ended Thursday November 7 even as imports costs for steel billet rose, sources told Fastmarkets.Egyptian rebar producers were offering rebar at E ?9,600-9,900 ($592-610) per tonne ex-works including 14% VAT, down from last week's E ?10,400-10,900 per tonne ex-works including VAT. Sales were made at E ?9,500-9,800 per tonne ex-works including...Read More
Bob Moriarty of 321gold discusses the implications of the drill results the company released at its gold project in Fiji. Lion One TuvatuWhen I found out Quinton Hennigh was going to be a geological advisor to Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) back in early 2019, I wrote about them. They just announced results that pretty much prove what I was trying to say. In technical terms, they h...Read More
"Michigan is currently stealing from people across the state...Counties have been authorized to take not just what they are owed, but to take people's life savings."Continue...Read More
Further drilling is planned to increase the project's now existing resource. TerraX Minerals Inc. (TXR:TSX.V) announced in a news release that an initial mineral resource estimate was prepared for its Yellowknife City gold project in the Northwest Territories.The Inferred resource is an estimated 735,000 ounces (735 Koz) and composed of two parts. One is a pit-constrained Inferred resource of 11....Read More
China's domestic rebar prices edged up further on Thursday November 7 on declining inventory levels, though the futures market registered a drop on a pessimistic outlook.Eastern China (Shanghai): 3,730-3,760 yuan ($532-536) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,650-3,670 yuan per tonne, up 10 yuan per tonnesRebar inventory levels in the spot markets of major Chinese cities wer...Read More
Trade buzz boosted stocks todayThe Dow surged higher today, on news the U.S. and China plan to begin rolling back tariffs to increase the chances of a trade deal. The blue-chip index recorded another all-time high, as did the S&P 500 Index and Nasdaq. Two of the best sectors were tech and financials, while investors also watched the 10-year Treasury yield rise the most since the last presidential...Read More
ARLO calls are crossing at 45 times the average intraday pace todayHome automation company Arlo Technologies Inc (NYSE:ARLO) is slated to report third-quarter earnings after tonight's close. ARLO stock has a dismal history of earnings reactions -- having closed down double-digit percentage points following three of the firm's last four reports -- but one options trader today is betting on a major...Read More
Nickel supply prompted the most heated discussions among market participants at the annual Antaike International Nickel & Cobalt Conference in Yichang on November 5-6, especially those involved in the electric vehicle (EV) battery raw materials supply chain, because of volatilities in the past two months. Meanwhile, the looming closure of Glencore's Mutanda copper-cobalt mine in the Democrati...Read More
Options volume has ramped up on EXPE and TRIP today in responseThe U.S. stock market is continuing its torrid pace, soaring this time thanks to optimistic trade buzz. However, three stocks stocks sitting out the surge today are travel names Expedia Group Inc (NASDAQ:EXPE) and TripAdvisor Inc (NASDAQ:TRIP), as well as biotech concern ObsEva SA (NASDAQ:OBSV). Here's a quick look at what's moving the...Read More
Upbeat U.S.-China trade news is lifting industrial stocks todayGeneral Electric Company (NYSE:GE) surged into double-digit territory in late October, as Wall Street cheered the industrial conglomerate's impressive earnings report. GE stock has yet to look back, and is up 2.6% today at $11.30, earlier hitting a new annual high of $11.31, on positive U.S.-China trade headlines, and pacing toward its...Read More
Walmart, Canada Goose, and J C Penney will reportThe Federal Reserve will be in focus next week, with a handful of speeches from central bank officials -- namely Fed Chair Jerome Powell -- on tap, along with a pair of key inflation updates. The retail sector will also be on Wall Street's radar, with earnings from several retailers, including Walmart (WMT), starting to roll in ahead of the critical...Read More