By: Ira EpsteinGold still did not take the highs from the prior week, so we will be watching this in the coming week. Read More
As markets tanked on Friday, the shares of NFI Group (NFI) rode higher. Here is the video summary of the INK Research August 19th INK Morning report where we suggested that based on our signals that NFI Group shares may be set to reverse their slide. Yield hunters take note, as the stock currently sports a 6.2% prospective annual dividend yield.Script (check against delivery):For the past yea...Read More
Prices in most of the global markets for steel billet softened in the week ended Friday August 23 amid poor demand and falling raw materials prices.Fastmarkets' daily index for iron ore 62% Fe fines, cfr Qingdao, was $87.81 per tonne on Friday, down by $1.76 per tonne week on week.Meanwhile, Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was $274.14...Read More
Avi GilburtPersonally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago. But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals....Read More
David HaggithIt's out of control. And I'm not even talking about the stock market, which fell off a cliff. I'm talking about the president who has deified himself. I hesitate to write strongly against Trump because I understand why many readers here voted for him, but today (Friday August-23) is a day that shall live in insanity!I understand that we need someone who is anti-establishment; but,...Read More
Gary Savage We're going to get some great opportunities in the months ahead. Metals probably have one more leg up while stocks and commodities may have a final crash into major multi year cycle lows. If you want to learn how to take advantage of these opportunities now is the time to do it before the opportunity passes you by. I watched as many, if not most of the usual analysts missed the bott...Read More
By: Ira EpsteinGold still did not take the highs from the prior week, so we will be watching this in the coming week. Read More
China and Intellectual PropertyBinary ThinkingThe Trade Deficit Is Not a ScorecardBilateral Trade Balances Whack-A-Mole?I Need a Vacation from My VacationGood news: The trade war is over. No, it's getting worse. Or maybe it is ending but it could start again tomorrow.Confused? All of the above were true at various points in the last few weeks. Markets bounced around in reaction. And we are still...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
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Bill Holter talks about negative interest rates and QE to oblivion. It's clear now that the whole world is on the economic Titanic. Get some physical gold and silver while you still can, because if you wait until the masses want some, it'll be gone.Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior...Read More
It has become obvious that the mainstream press is FAKE NEWS. They are indeed out to get Trump and are using their position to desperately try to support the bureaucracy. Continue...Read More
China understands the difference between the German mercantilist model of manufacturing and sells to everyone else and the United States which became the largest economy in Continue...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
The Chinese government has revived a 25% tariff on imports of US automobiles and a 5% tariff on auto parts, set to take effect on December 15, which some market participants worry could imperil future investments as well as steel and base metals demand.Chinese tariffs on US-made cars and auto parts were placed on hold in April, but the Chinese government reinstated them on Friday August 23. Beijin...Read More
The steel billet import price in Egypt fell in the week to Thursday August 22, with market activity limited because buyers want to wait until the court makes a decision on safeguard duties. Egypt's Administrative Court suspended the temporary duties in July, prompting a flurry of court activity, which eventually led to the final session to discuss the matter being scheduled for...Read More
Turkey's military pension fund, OYAK, has reached a provisional agreement to buy steelmaker British Steel, OYAK said on Friday August 16. OYAK is the biggest shareholder of Turkey's largest steel producer, Erdemir Group, and this agreement is a step toward in its goal to become a regional leader in steel sector, OYAK said. British Steel entered into compulsory liquidation in May 2019 and rece...Read More
Prices in most of the global markets for steel billet softened in the week ended Friday August 23 amid poor demand and falling raw materials prices.Fastmarkets' daily index for iron ore 62% Fe fines, cfr Qingdao, was $87.81 per tonne on Friday, down by $1.76 per tonne week on week.Meanwhile, Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was $274.14...Read More
Gold has drawn a lot of attention lately with its recent strong upward swing. But where it goes from here is what must subscribers are asking.Let's look at the driving factors.About 78% of all the gold mined is used for jewelry and industrial applications.The remaining 22% is used in financial applications. Gold, when priced in U.S. dollars, tends to move in the opposite direction to the greenback...Read More
Avi GilburtPersonally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago. But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals....Read More