Marc Faber and the host cover subjects raging form the economy, central banking, government, investing, precious metals and currencies.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing D...Read More

Coronavirus-induced shockwaves are rippling through the world economy, causing tremendous damage that we are only just beginning to measure.Strangled global supply chains have caused supply shortages. A massive drop in demand has resulted from millions of customers forced to stay home under mandatory lockdown.Now come the job losses. 60% of companies have reported hiring freezes, while over 13% ha...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

"There's no question the United States missed the opportunity to get ahead of the novel coronavirus," he wrote. "But the window for making important decisions hasn't closed."Continue...Read More

From now on they will act like they have unrestricted access to a bottomless pool of money.Continue...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

"I think we're going to get something that resembles that panicky feeling again during the month of April," Gundlach said as economic uncertainty in April will rise further.Continue...Read More

Spain's Ministry of Industry, Trade & Tourism has finally confirmed the steel industry is considered "essential" and can continue operating, albeit at a slower pace, the Spanish steel distributors association, UAHE, said on Wednesday April 1.The Spanish government issued a royal decree on March 29, ordering the shutdown of all non-essential activities and businesses from March 30, with a rest...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Having first hit Asia during early 2020, the Covid-19 viral outbreak is now having an even bigger impact on European countries and the US. Widespread lockdown measures have been put in place on people and industry, and economic activity has slowed markedly.For now, stainless steel markets in Europe and the US are yet to show...Read More

Gold Terra Resource reports more drill results from its winter 2020 program. Gold Terra Core ShackIn a news release, Gold Terra Resource Corp. (YGT:TSX.V; TRXXF:OTC; TXO:FSE) announced that five holes recently drilled between the Sam Otto Main zone and its southern extension at the Yellowknife City project encountered gold mineralization.These holes, done as part of the winter 2020 drill program...Read More

Technical analyst Clive Maund discusses what he sees ahead for the markets. We are going to look at an array of important factors pointing to another severe drop in the broad U.S. stock market imminently, both factors external to it and indications on the charts for the S&P 500 index (and other indices which we won't have time to look at).First it is well worth watching another classic video from...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday April 1. Key drivers  Russia, a supplier of 40% of European ferro-titanium, is on lockdown due to the Covid-19 virus pandemic until next week and it could be extended.Russian producers are considering declaring force majeure should the lockdown continue beyond a week.  Titanium scrap prices are stable...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.This month's key ferro-alloy forecast highlights:While the ferro-alloy industry's initial response to the Covid-19 outbreak was marked by rising prices primarily in response to supply-side concerns, focus has now shifted somewhat. As Chinese activity slowly returns to more normal levels, for alloys with a strong Chinese produ...Read More

Prices for hollow steel sections in Northern and Southern Europe have moved down this week with trading activity continuing to decline, sources told Fastmarkets on Wednesday April 1.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?595-610 ($654-671) per tonne on Wednesday, narrowing downward from ?,?595-620 per tonne one week earlier."We...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.As oil price stumbles, outlook for welded markets weakensIn February, oil prices, already hit by the economic slowdown in Asia, turned lower on the failure of OPEC+ to reach an agreement on production cuts. This was enough to shake oil markets, but the collapse of global demand due to the pandemic has driven Brent below $30/...Read More

Gold prices fell for the fourth straight sessionU.S. stocks began April with a grim tone, the Dow continuing its dramatic loss this afternoon to close 973 points lower, with American Express (AXP) and Boeing (BA) weighing heavy.The S&P 500 and Nasdaq also closed deep in the red, as pandemic fears continue and President Donald Trump warned of a "very, very painful two weeks" ahead, as the estimate...Read More

Celanese stock is coming off a free fall from its all-time-high in late 2019Celanese Group (NYSE:CE) just added a crucial company to its product portfolio with the acquisition of Elotex. The chemical and specialty materials company will take ownership of Elotex's facilities in Europe and Asia, which produce redispersible polymer powders, a key component for multiple growing applications. Despite t...Read More

NVDA's 200-day moving average has emerged as resistanceEarlier this week, we profiled the 25 best stocks since 2009, based on annualized returns. A quick glance at the list -- compiled by Schaeffer's Senior Quantitative Analyst Rocky White -- reveals it is heavily populated by one particular sector: semiconductors. Chip stocks have ruled the roost in the last decade, and leading the charge is Nvid...Read More

Hot-rolled coil prices in the United States could fall as low as $400 per short ton ($20 per hundredweight) in less than a month, despite recent efforts by domestic mills to cut production, because the Covid-19 pandemic will continue to hurt steel demand, sources told Fastmarkets.As of Wednesday April 1, a number of steel producers in the US - including U.S. Steel, ArcelorMittal USA and AK Steel -...Read More

Walgreens stock tends to underperform during the second quarter Things aren't looking good for pharmacy bigwig and Dow member Walgreens Boots Alliance Inc (NASDAQ:WBA). The shares of WBA are down 3.4% at $44.20, bringing their year-to-date deficit to 24.6%, just ahead of the company's fiscal second-quarter earnings report, due out before the open tomorrow. Furthermore, tomorrow's earnings aren't t...Read More