The Turkish steel mills continued to stay away from the deep-sea scrap markets due to the persistent weak demand for finished long steel products, sources said on Tuesday August 6.Since the mills in the country booked a number of deep-sea cargoes in the week ended July 26, they have made no further purchases.Turkish steel producers want to sell some rebar before making any further deep-sea...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
Seaborne iron ore prices continued to retreat on Tuesday August 6 with sellers still more pressured than buyers to complete deals. Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $97.55 per tonne, down $3.01 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $96.05 per tonne, down $3.01 per tonne. Fastmarkets' index for iron ore 62% Fe low alumina fines,...Read More
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 served as a p...Read More
*This webcast originally aired live on Hedgeye.com on July 26, 2019Outspoken author and investment advisor James Rickards sat down for a pro-to-pro discussion with Hedgeye CEO Keith McCullough recently.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Def...Read More
Max Keiser of the Keiser Reports Talks the Real Deal on Bitcoin - Which he says is going to crush the U.S. dollar and "blow the roof" off of every bank in America. With bitcoin rebounding from the lows in early 2019 to more than $11,000 a coin, we take a look at Keiser's comments about the next bitcoin rally.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial...Read More
As governments around the world continue to print money, commodities are the place to be. Speaking at the Sprott Natural Resource Symposium in Vancouver, Casey suggested that within the commodities sector, investors should look at mining stocks, especially juniors. Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, internatio...Read More
Max talks to Michael Pento of PentoPort.com about the $14 trillion (and rising) pile of negative yielding sovereign debt. They also discuss the gold market and JP Morgan's report for their private wealth clients recommending they sell dollars and buy gold, Swiss francs, sterling, and Chinese renminbi. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program...Read More
The attribution to the CIA orchestrating the Ukrainian Revolution against Yanukovich is total BS!!!!!!!!! I had personal friends on the barricades at Maidan Continue...Read More
The Pentagon has begun testing new and powerful mass surveillance balloons over six Midwest states. This is a major privacy threat, as these camera-outfitted mass-surveillance balloons can capture every Continue...Read More
David Stockman appears on NewsmaxTV (August 6, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great...Read More
*The interview begins at 23:48Gerald 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 id...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
In late 2008 during what is now referred to as the Great Financial Crisis, government and financial managers had an opportunity to reset a badly out of balance dysfunctional banking system. It would have required pain from bank bondholders, shareholders and taxpayers in general. Everyone recognized Continue...Read More
Prices for rebar imported into the United Arab Emirates have decreased over the past week, with demand only moderate although some deals were heard, sources said on Tuesday August 6.The lower price for imports was because market participants in the Middle East region will be celebrating the Eid al Adha religious holiday most of next week, so some deals were made at discount prices.Domestic rebarLo...Read More
"He's in there nursing his little broken arm. He should've broke his raggedy wrinkly [expletive] neck." Continue...Read More
Jason talks about an interesting chart from global macro hedge fund Crescat Capital about the divergence between precious metals stocks and oil since 1983 and what it might mean for US stocks and also the oil market. Also, many US shale oil producers had really bad Q2 2019 earnings including Concho Resources (NYSE: CXO). Is a larger US shale oil bust coming soon?Jason Burack is an investor, entrep...Read More
Market observers feared China would use its currency as a weapon in the trade war. However, some of those fears were alleviated after Chinese authorities said it would not be devaluing its currency further. Continue...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
"We know it will be more effective than existing technologies-so we have something thatContinue...Read More