"This is not your garden variety business cycle where a sharp downturn is followed by an equally sharp snapback. We can restart production, but can we really restart consumption with people still scared and unwilling to go out and socialize and spend? So, I think the recovery is going to be extremely tentative."Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist...Read More

To Watch Update #60, CLICK HEREAs we reported yesterday, with the world sharing its data, we are starting to get a better handle on understanding the coronavirus. This real-time exchange of data and insights going on across the globe right now is invaluable to global efforts to fight the spread of covid-19 more effectively. Germany has recently contributed two important pieces to the puzzle. First...Read More

Keep your eye on Pompeo! President Trump is understandably distracted by the coronavirus outbreak in the US but in the "never let a good crisis go to waste" mode, the neocons in his Administration - led by Pompeo - are launching their war plots without the normal scrutiny. Venezuela, Iran, Syria, Russia - the long knives are coming out. Trump has been able to put the kibbosh on Pompeo's plans befo...Read More

The video, which was broadcast in November, 2015, exposed how scientists in China were conducting biological experiments on a SARS connected virus believed to be Coronavirus derived from bats and miceContinue...Read More

The miners are looking at a favorable cost structure, and at a most favorable gold price prospect. That's why we like names like Agnico Eagle Mines, Barrick Gold or Kirkland Lake Gold.Continue...Read More

Why Asia and Europe had such profoundly different outcomes from the COVID19 PandemicThree crisis for the price of one: Why markets are currently experiencing three separate crises at onceComing challenges for EuropeRead More

My clients have known for a long time that the nucleus of the next crisis will be in the over-leveraged corporate bond market. This notion was confirmed recently in an article from the WSJ: companies that Continue...Read More

Here's my best depiction of how this will play out using one of my two favorite chart patterns at major topping periods (the other is the megaphone pattern, which is also in play on a larger and smaller scale). Continue...Read More

"Keeping over 4,000 young men and women on board the TR is an unnecessary risk and breaks faith with those sailors entrusted to our care," Crozier wrote. Continue...Read More

One of the questions asked most frequently is, isn't the Fed out of ammunition? No, they still have plenty of tricks in their bag.Continue...Read More

Unfortunately, our food distribution systems were not designed to handle this sort of a surge, and things are really starting to get crazy out there.Continue...Read More

If precious metals markets can maintain current levels into April, then that is a reason for optimism.Continue...Read More

Import prices for steel slab in Southeast Asia and East Asia tracked losses in the downstream hot-rolled coil market against the gloomy backdrop of the novel coronavirus (Covid-19) pandemic. Fastmarkets' price assessment for steel slab imports, cfr Southeast Asia and East Asia was $350-370 per tonne on Monday March 30, down $30-40 per tonne from $390-400 per tonne a week earlier.Over the past week...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More

Maurice Jackson of Proven and Probable discusses the future of DNI Metals with the company's executive chairman. Maurice Jackson: Today we will share a graphite development company set for production. Joining us for a conversation is Dan Weir, the executive chairman of DNI Metals Inc. (DNI:CSE; DMNKF:OTC). Mr. Weir, welcome to the show, sir. Delighted to have you back to provide us with a number...Read More

All key equipment needed to proceed is at the site of MAG Silver and JV partner Fresnillo's project. JuanicipioMAG Silver Corp. (MAG:TSX; MAG:NYSE A) provided in a news release an update on and recapped 2019 progress at its Juanicipio joint venture project with Fresnillo Plc (FRES:LSE) in Mexico."Construction and exploration drilling continue at the Juanicipio Project. We are fortunate that all t...Read More

Ely Gold Royalties has completed the purchase agreement and lease assignments for eight mining claims at the producing Gold Bar Mine located in Eureka County, Nevada. In a news release, Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) reported that it has closed the purchase agreement and lease assignments that the company previously announced in February 2020 through its wholly owned subsidiary,...Read More

Seabridge Gold will start work on the project with a review of historical data. In a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it agreed to acquire Golden Predator's 3 Aces orogenic gold project in the Yukon. The company has termed the project a "high-grade, near surface gold opportunity in an mining-friendly jurisdiction."For the project, Seabridge will pay Golden Predat...Read More

All three benchmarks finished with double-digit monthly lossesThe Dow closed out March with a steep loss today, giving back triple-digit midday gains to finish 410 points lower. The blue-chip index locked up steepest quarterly drop in its 124-year history. The S&P and Nasdaq both joined the Dow in the red today, with bank stocks among the notable laggards. All three indexes locked up March with d...Read More

DocuSign is finishing the month out strong, and options players are paying attentionWhile a large portion of the broad market is still struggling to recuperate from this month's violent selloff, DocuSign Inc (NASDAQ:DOCU) has recovered from its mid-March plummet and then some. In fact, the equity broke through recent pressure at the $90 region to nab a new all-time high of $98.38 earlier today, an...Read More