The "conspiracy" surrounding Mr. Epstein's death continues to get weirder and weirder. Continue...Read More
Seaborne iron ore prices continued to dip on Tuesday August 20 amid limited buying activity.Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $87.94 per tonne, down by $0.46 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $88.32 per tonne, down by $0.46 per tonne. Fastmarkets' index for iron ore 62% Fe low-alumina fines, cfr Qingdao: $87.79 per tonne, d...Read More
"I am pleased to welcome back Dr. Hawk Sawyer as the Director of the Federal Bureau of Prisons. Under Dr. Hawk Sawyer's previous tenure at the Bureau, she led the agency with Continue...Read More
People are convinced that an INVERTED YIELD CURVE foretells of a recession. They have no idea about capital inflows. Even in Thailand, which has benefited greatly from theContinue...Read More
Just this past week, gold prices hit all-time highs in most major currencies. The British Pound... the Canadian Dollar... the Australian Dollar... the Indian Rupee... the Japanese Continue...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Karl Denninger of Market-Ticker.org. They discuss the economic platforms of the candidates for the Democratic party nomination for president: from Elizabeth Warren's antitrust policies to Tulsi Gabbard's anti-war platform and all the universal basic income ideas in between.Max Keiser is an American broadcaster and film-maker....Read More
Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More
Four Chicago Teachers Union representatives went to Venezuela, a failed nation, singing praises of its corrupt leader.Continue...Read More
Consider this chart of the SPX (S&P 500) over the past two years: take a look at the relative steepness of each of the red lines (rallies), the duration of each rally (purple lines), theContinue...Read More
"It is simply not possible to prepare for such tests in a few weeks or a few months. This ...shows that it was not Russia, but the United States with its actions that brought theContinue...Read More
Precious Metals are correcting now. Here's what you should do and what you should not do.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service fo...Read More
The gold-silver ratio is expected to come down in the next few months, with silver outperforming gold, said Todd Horwitz, chief strategist of BubbaTrading.com."I've think we've got a big run coming, I think it's going to narrow that range in gold, I don't think gold's going down. I think silver is going to finally outperform gold over the next two to three months," Horwitz told Kitco News. Read More
The CIS export billet market has remained quiet since the end of a religious holiday in the Middle East, Africa and Asia, with the lack of activity being blamed on a growing gap between bids and offers.CIS producers continued to insist on $410-415 per tonne fob Black Sea for September-rolling material in the week ended Tuesday August 20, while bids were heard at $400 per tonne fob and lower.One Ru...Read More
Prices for steel rebar and billet in the United Arab Emirates have remained stable over the past week, with demand poor after the Eid al-Adha religious holiday last week, sources said on Tuesday August 20.Market participants believed that demand would improve after the UAE's biggest producer, Emirates Steel, announced its new rebar price, which it usually does on the 20th day of each month.Domesti...Read More
James Kwantes of Resource Opportunities profiles an explorer with projects in British Columbia and Chile.Speculating in junior mining equities is a dangerous and sometimes extremely lucrative game. Some of the key qualities that lay the groundwork for shareholder value creation in an exploration play are:Serially successful managementHigh-quality projectsStable jurisdictionsThe right commodity, at...Read More
Sector expert Michael Ballanger compares safe harbor on the water to safe harbor in the financial and precious metals markets."Destroyers seize gold and leave to its owners a counterfeit pile of paper."- Ayn RandTwelve days ago, we were forced by gale force winds to seek safe harbor in the lovely northern Ontario town of Britt, located on the north shore of the Magnetawan River, approximately fift...Read More
The combined, diversified company states it intends to aggressively grow its portfolio. Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) announced in a news release that the acquisition of it by Sailfish Royalty Corp. (FISH:TSX.V; OTC:SROYF), according to the approved plan of arrangement, is complete."This is a great opportunity to continue on for further exposure to a diverse portfolio of royalties,...Read More
The deal provides the seller with financial flexibility. Fremont Gold Ltd. (FRE:TSX.V) announced in a news release it agreed to sell its past-producing Gold Canyon project to McEwen Mining for 300,000 McEwen common shares. Gold Canyon is adjacent to McEwen's Gold Bar mine in Nevada. The agreement is expected to close by Aug. 23, 2019."Selling Gold Canyon appreciably increases Fremont's financial...Read More
China's domestic rebar prices stopped rising on Tuesday August 20 amid a weakening of steel futures and soft demand. Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($524-528) per tonne, unchangedNorthern China (Beijing): 3,620-3,640 yuan per tonne, unchangedBuyers, having done some restocking on Monday, cut their procurement rates, which kept rebar prices from rising further, sources said. De...Read More
Chinese ferro-silicon prices softened this past week on weak domestic demand, while the European market similarly retreated following recent price gains after consumers remained sidelined. Chinese domestic ferro-silicon prices widen lower on weak mill demandChinese export prices hold on thin trading amid uncertainty from US-China trade negotiationsEurope market retreats after short-lived recovery...Read More