Dr. Roberts discusses the evidence-or the lack of it-for the accusations that Russia colluded with the Trump campaign to throw the election to Trump. Continue...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
The stock markets have rocketed higher since Trump's election win on hopes for big corporate tax cuts. This extreme rally has left stocks exceedingly overvalued and overbought today. A major selloff is long overdue and likely imminent. When stocks inevitably roll over and mean revert lower to rebalance away euphoric sentiment, gold is the main beneficiary. Gold investment demand soars wh...Read More
Walmart made two announcements yesterday that perfectly illustrate the dilemma facing the developed world. First, the omnipresent retailer raised its minimum Continue...Read More
By Jeff ClarkCrypto and stock prices grabbed most of the investment headlines in 2017. But by the end of 2018, a different asset class is bound to spark investor's attention.There are multiple reasons for that, starting with the fact that no trend or bull market lasts forever. But it's about more than just the prolonged run in equities and runaway prices in cryptos.There are three specific devel...Read More
Export prices for Brazil-origin steel slab increased this week on higher raw materials costs and limited supply from other regions, Metal Bulletin has heard.Metal Bulletin's weekly price assessment of Brazil export slab went up to $510-520 per tonne fob on Friday January 12, from $500-510 per tonne fob a week earlier.Offers were reported at a minimum $520 per tonne fob, several market participants...Read More
China has been accumulating gold for years, and are now taking steps to tie it to yuan. Interest rates in the U.S. are rising, and the Chinese are not so eager to keep piling up on U.S. dollars and U.S. Treasury debt. Ron Paul discusses on The Liberty Report!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, inc...Read More
U.S. stocks looked set to test further record highs Friday as corporate earnings surprised to the upside and helped lift markets to their best start to a year in at least three decades. Futures contracts tied to the Dow Jones Industrial Average gained around 100 points from their record close Thursday, indicating fresh all-time highs for the benchmark at the opening bell following stronger-than-...Read More
Frank discusses gold and Hive Blockchain a company where he is chairman. They have partnered with Genesis. Hive is a cryptocurrency mining and investing company. He became interested in the space when found out that the CEO of Fidelity a company with two trillion in funds has been discussing bitcoin. He says, "Something big is happening." Hive made far more than they anticipated in the first quart...Read More
China has restarted its steel exports, driving out global competitors from various Asian import markets while domestic prices dip.A deal was done around $560 per tonne cfr Singapore this week for a China-origin rebar cargo, although the quantity could not be confirmed, market sources said."Export markets are more lucrative again now that domestic prices have fallen. Mills are now looking for bette...Read More
LONDON, 11 January 2018 - Analysis from BullionVault features tonight in the latest gold-price report from MarketWatch, the leading US finance site that's part of the Dow Jones group of companies.Gold "rising with equities isn't unusual," MarketWatch quotes BullionVault director of research Adrian Ash. "They go in the same direction around 50% of the time."But the move against [US government] T-bo...Read More
By Gary TanashianSince January 2013 we have been using the worldwide Semiconductor Equipment industry as a leader within the Semiconductor sector, which is an economic cyclical leader itself. That month we noted a positive move in Equipment bookings, which became a (3 month) trend that spring. This trend was used to project positive economic signals to come.Through some turbulence in 2014 and 20...Read More
Jan 13 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS15-Jan Netherlands DTC auction15-Jan NorwayAuction of Treasury bills16-Jan Japan Auction of 5-year government bonds16-Jan Spain Auction of 6- and 12-month Treasury bills17-Jan Japan 1-year discount bill auction17-Jan Germany Auction of 3...Read More
Continue...Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her book All the Presidents' Bankers: The Hidden Alliances that Drive American Pow...Read More
By Steve St. AngeloThe U.S. Stock Market is reaching its biggest bubble in history. When the price of the Dow Jones Index only moves in one direction... UP, it is setting up for one heck of a crash. While market corrections aren't fun for investors' portfolios, they are NECESSARY. However, it seems that corrections are no longer allowed to take place because if they did, then the tremendou...Read More
LONDON, 3 January 2018 - BullionVault's latest Gold Investor Index features today at What Investment, a leading personal finance magazine for UK investors."The old year ended with a bang for gold investing," says the magazine, "as demand hit a 13-month high at online and mobile platform, BullionVault."Quoting BullionVault's data and analysis in depth, its customers "added almost two-thirds of a to...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Jan 13 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 15LONDON - Bank of England Economist Silvana Tenreyro speaks on "The Fall i...Read More