Nothing Like NormalMath ProblemA Few Thoughts on UnemploymentRepricing the WorldStaying at HomeThe viral fog is starting to thin. US coronavirus case growth appears to be slowing, albeit at a tragically high level. Governments and businesses are thinking about the next stage.On the other hand, fog tends to return when the weather is right. Might this virus come back, as seems to be happening in...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Jason Burack of Wall St for Main St interviewed returning guest, hedge fund portfolio manager at Crescat Capital https://www.crescat.net/, Tavi Costa.Follow Tavi on his Twitter for superb charts and graphs about the global economy and many different markets: https://twitter.com/TaviCostaDuring this hour plus long interview, Jason asks Tavi if the bear market is over?Tavi talks about how even thoug...Read More
There is NO HOPE IN HELL that the economy will recover. We are looking at a crash and burn into 2022. All the headstrong people talking about hyperinflation and the dollar will crash who lost a fortuneContinue...Read More
"Even if we execute properly, the recovery will take time and a best-case scenario is a 'U' shaped recovery. The much talked aboutContinue...Read More
Harry Dent believes that even before covid-19 blindsided the global economy, the US housing market was toast. From one of his recent interviews:Continue...Read More
The next step, 3D modeling, is underway to define priority drill targets at Group Ten Metal's Montana project. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that 2019 exploration results showed wide, continuous mineralization starting from surface at the Chrome Mountain target at its Stillwater West project in Montana.The metals identified, which the Canadia...Read More
By: Ira EpsteinGold's weekly chart is bullish, 18-week moving average nearing $1,600 -- a big support area for gold. Upper Bollinger bands at $1722 area and rising...Read More
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?US Inflation Rate Declines in MarchMany people are afraid that the coronavirus crisis will spur inflation. After all, the increased demand for food and hygiene products raised the prices of these goods. Moreover, the supp...Read More
Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-17, 2020 $AEM, $CXB.TO, $KOR.TO, $EGO, $AG, $FSM, $GCM.TO, $HL, $JAG.TO, $MUX, $NUAG.V, $OSK.TO, $ROXG, $RGLD, $SILV, $SSRM, $TXG.TO, $WDO.TO, $WPM, $AUY Agnico-Eagle: The government of Quebec declared mining an essential business, which has a significant impact on Agnico as several of its highly profitable operations...Read More
Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More
[This text is excerpted from the introduction to Anatomy of the Crash, a Mises Institute ebook to be released in April 2020.]Jeff Deist, President of the Mises InstituteThe Great Crash of 2020 was not caused by a virus. It was precipitated by the virus, and made worse by the crazed decisions of governments around the world to shut down business and travel. But it was caused by economic fra...Read More
Dear Friend of GATA and Gold:More than three weeks ago the London Bullion Market Association and CME Group, operator of the New York Commodities Exchange, announced that they were cooperating in the creation of a Comex gold contract offering delivery not just of the usual Comex 100-ounce bar but also the option of a certificate for a one-quarter stake of ownership in a 400-ounce bar.The CME Grou...Read More
By: Ira EpsteinGold's weekly chart is bullish, 18-week moving average nearing $1,600 -- a big support area for gold. Upper Bollinger bands at $1722 area and rising...Read More
Nothing Like NormalMath ProblemA Few Thoughts on UnemploymentRepricing the WorldStaying at HomeThe viral fog is starting to thin. US coronavirus case growth appears to be slowing, albeit at a tragically high level. Governments and businesses are thinking about the next stage.On the other hand, fog tends to return when the weather is right. Might this virus come back, as seems to be happening in...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-17, 2020 $AEM, $CXB.TO, $KOR.TO, $EGO, $AG, $FSM, $GCM.TO, $HL, $JAG.TO, $MUX, $NUAG.V, $OSK.TO, $ROXG, $RGLD, $SILV, $SSRM, $TXG.TO, $WDO.TO, $WPM, $AUY Agnico-Eagle: The government of Quebec declared mining an essential business, which has a significant impact on Agnico as several of its highly profitable operations...Read More
RAPAPORT... LVMH saw a slump in jewelry and watch sales in the first quarter as the COVID-19 pandemic led to the closure of most of its global stores.Revenue for the category fell 24% to EUR 792 million ($861.3 million) for the three months ending March 31, the company said last week. The spread of the outbreak affected luxury products in all the company's major markets. "The economic environ...Read More
RAPAPORT... De Beers' mining operations in Botswana have been on hold for more than two weeks amid a national lockdown, the company told Rapaport News.Debswana, the company's joint venture with the government, paused activities on April 2 when the coronavirus-related restrictions began, a De Beers spokesperson said Friday. The miner had not previously disclosed its full response to the Botswana lo...Read More
RAPAPORT... Rio Tinto has maintained its diamond-production outlook for 2020 despite market shutdowns due to the coronavirus pandemic.The miner expects to produce between 12 million to 14 million carats from its Argyle mine in Australia and its Diavik deposit in Canada during the year, it noted Friday. The forecast comes even as diamond output dropped 10% year on year in the first quarter. Th...Read More