Pessimism continued to dominate the CIS export market for steel billet in the first week of August amid the weakening of the finished long steel markets both in the CIS and in customers' domestic territories.Another reason for the dullness of sentiment was the recent sharp drop in global iron ore prices, following the lack of demand from China, which is the largest global iron ore importer. This p...Read More
Once upon a time people looked up to the Fed and believed that they had the power to determine the future. There are still those true believers, who think the Fed can do no wrong. But history has taught us otherwise. While the rest of the world has been opening the monetary spigot at full blast, the Fed was tightening. Now that's all changed. And watch gold and silver continue to thrust forward. $...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
"We are in a new bull market in gold, and the price is headed to at least $2,500 per ounce. . . . The stock market is going to continue to go down over the next 2 1/2 years."Part 1 (part 2 below)Part 2Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds,...Read More
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More
The US-China Conflict - 4:38Investing in China - 11:30Public and Private Markets in China - 20:32Portfolio Characteristics of Chinese Markets - 24:47Looking Ahead - 27:53Over the last 40 years, China's rapid economic expansion has altered the world's geopolitical and economic landscape. Bridgewater's Founder, Co-CIO and co-Chairman Ray Dalio joins Bridgewater's Senior Portfolio Strategist Jim Hask...Read More
When Bill Murphy, legendary crusader for the truth on gold, and co-founder of the Gold Anti-Trust Action Committee (GATA.org,) declares that gold is behaving differently than he has ever witnessed in his decades of studying the precious metals markets and manipulations, those wanting to be aware and prepared would do well to sit up and take notice.Bill Murphy is a former American professional foot...Read More
Many are forced into prostitution and forced to sleep with up to 20 men a day for nearly no pay at all. Continue...Read More
Bill Binney is the former Technical Director of the National Security Agency. Bill blew the whistle on warrantless spying years before Edward Snowden released the evidence. Read More
Jordan Roy-Byrne, Founder of The Daily Gold shares some of the charts he thinks are the most important for gold investors. Gold against foreign currencies is at an all time high but look at where gold is against the USD. There's a big disconnect there. Also the trend of gold moving down against the US markets has seen a major shift. These are a couple of the major factors to watch that will suppor...Read More
One way or another, we're going to have to address the $trillions of outstanding bad debts. Over the past decade, the world's central banks have distorted the price of money by bringing interest rates to record lows. With credit so cheap, asset prices have risen dramatically as companies and governments have borrowed to the hilt. And now with the "Everything Bubble" threatening to burst (perhaps i...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...Read More
Long-time stock market bull Jim Cramer says the U.S. economy is not on the verge of a recession, despite plummeting rates in the debt market. Continue...Read More
After two months of torrid gains for revolving, or credit card debt, moments ago the Fed reported in its monthly consumer credit report that in June US consumer Continue...Read More
Central banks in New Zealand, India and Thailand all cut rates more than expected on Wednesday, accelerating the money-printing trend and boosting gold around the worldContinue...Read More
Wednesday saw gold trade above $1,500 for the first time in a long time, bringing its 2019 gains to more than 18%.Continue...Read More
With the silver price spiking, and the shale industry getting hammered, there's a lot of volatility in the market. So what's going on, and perhaps more importantly, what should investors be watching out for?Fortunately I was joined by Steve St. Angelo of the SRS Rocco report, who walked through some of the fundamentals and technicals of silver. And also explained how problem in the #energy sector...Read More
China's domestic rebar prices were unchanged on Wednesday August 7 amid a fluctuating futures market clouded by a lot of pessimism generated by trade tensions between the country and the United States.Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($536-540) per tonne, unchangedNorthern China (Beijing): 3,730-3,760 yuan per tonne, unchangedEarly gains in the futures market led some buyers to...Read More
Key data from Fastmarkets' Wednesday August 7 pricing session in Europe:Key drivers Ferro-titanium suppliers increase offer prices, with the range moving slightly higher at the top end, although overall business conditions are quiet given the time of year. At present there is tight availability on a spot basis and an increase in buying inquiries for August and September, although consumer demand i...Read More
The facility will support the company's existing gold project there and its exploration efforts nearby. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it began commissioning its newly constructed geochemical assay and metallurgical laboratory at its headquarters on the island of Viti Levu in Fiji. The facility is only 1 kilometer away from the Nadi International Airport...Read More