"But what we can't do is fail to pass something. What I want to see here is an outcome, not a bunch of partisan back and forths, shots across the bow."Continue...Read More
"This morning, Twitter locked our account for posting the video of real-world, violent threats made against Mitch McConnell. This is a problem with the speech police in America today," Continue...Read More
Jason talks about the real reason that the Fed cut rates despite a supposed economic expansion and why more rate cuts (President Trump would be very happy) are coming sooner than later!Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people...Read More
The prices of steel billet and rebar in Egypt were stable in the week ended Thursday August 8 on demand that remained weak due to the continuing uncertainty over the country's import duties."Most of next week will be Eid al-Adha [religious] holiday, so there was no buying this week," a local market source told Fastmarkets.In April, Egypt imposed a temporary additional import duty on rebar and bill...Read More
Links to slides and sources: https://www.itmtrading.com/blog/watch...Well grab your popcorn because you have front row seats to something that's about to make US history, and not in a good way. The Death of the Bond Market is unfolding right in front of us, because as Fiat (paper money) dies...so does the Bond Market. It's already happened over 4800 times (documented) around the rest of the world,...Read More
Discussed in this interview:06:05 Investment habits: Buy the fear, sell the euphoria08:51 Gold and silver as insurance13:38 Light up the Cuban for silver18:03 Gold to silver allocation18:43 Precious metals: Bullion or mining stocks21:38 Why the silver price sometimes lags behind the gold price24:49 Mining stocks performed well during big crises of the 21st century28:21 When silver hits $100Lior Ga...Read More
An inversion of the 2- and 10-year yields has happened before every recession over the past four decades. Continue...Read More
The US continues to escalate its anti-Venezuela measures this week, having announced Monday night that sanctions have grown to an economic embargo, and now that appears to include Continue...Read More
"I'm sorry I was born white and privileged. It disgusts me. And I feel so much shame." Continue...Read More
Growing evidence of a severe global recession is sure to provoke more aggressive monetary policiesContinue...Read More
David discusses some of the unique things that are currently happening in the gold markets. European institutions are investing in gold since they can now get better returns than from negative-yielding bonds. Gold stocks have yet to move since most investors are complacent from the current bull market in equities. When the equity markets roll over in the next year or so you will see a large rally...Read More
Prices in Southeast Asia's steel billet market declined after a major producer in India sold competitively priced cargoes into the region, sources said."The Indian producer reduced its asking price to attract customers because of limited buying interest in its domestic market during the country's monsoon season," a trader in Southeast Asia said.The transactions were reportedly concluded at $440-44...Read More
As an increasing number of dangerous chemicals are banned in other countries around the world, they remain legal in the US. Continue...Read More
Bob Moriarty of 321 Gold gives his outlook on the gold market. All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you care?Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it went on a roll. All the permabulls are screeching about a new bull mark...Read More
These new assets expand the Canadian company's prospective project portfolio there. Taku Gold Corp. (TAK:TSX.V; TAKUF:OTCMKTS) announced in a news release it acquired the Gold Run and Midas properties in the Yukon's White Gold District, thereby extending its recently purchased Portland gold project to 13 kilometers along trend. Gold Run is a roughly 895 hectare area, consisting of 44 contiguous q...Read More
The new assays are comparable to those from previous samples taken from the historical district property. Klondike Gold Corp. (KG:TSX.V) announced in a news release that it discovered a zone of high-grade gold parallel to the mineralization of the Nugget zone at its Klondike project in the Yukon.The company discovered this through the drilling of nine holes in the Nugget zone along the Nugget Fau...Read More
The company will suspend ore processing there while it remedies the situation. SEMAFO Inc. (SMF:TSX; SMF:OMX) reported in a news release that a Wona pit wall failed at the Mana mine in Burkina Faso on Friday, but no one was injured and no equipment damaged as a result. Mining is currently taking place in the southern part of the Wona pit, not in the northern portion, the area where the pit wall f...Read More
Mickey Fulp, the Mercenary Geologist, and Maurice Jackson of Proven and Probable discuss the resurgent precious metals markets, as well as base metals, critical metals and energy metals. Maurice Jackson: Joining me for a conversation today is Mickey Fulp, the Mercenary Geologist. Glad to have you here today to share your market insights, which are quite remarkable. And, I want to get your thought...Read More
Stocks spent almost the entire day in positive territoryUpbeat data out of China got the trading day started on a positive note, and stocks extended their upside throughout the session. By the close, the Dow was up 371 points, erasing a large chunk of its weekly losses. The S&P 500 and Nasdaq followed suit, driven by strong gains in the tech sector, while stabilizing oil prices and Treasury yields...Read More
FRTA stock options traders are targeting even bigger gainsForterra Inc (NASDAQ:FRTA) stock is up 19.1% at $6.93 -- set for its best day since November 2017 -- after Goldman Sachs double-upgraded the drainage pipe manufacturer to "buy" from "sell," and boosted its price target to $8 from $4.25. The analyst in coverage said accelerating pricing could be a positive driver in coming quarters, and call...Read More