By George Smith"... if the journalistic credos of speaking truth to power, comforting the afflicted, and afflicting the comfortable have a godhead, that would have to be Paine, whose writing was so provocative and so uncompromising that he faced the gibbet and the blade everywhere he published in England, and in France, and in the United Colonies." Craig NelsonThomas Pain (later changed to Pa...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
China's steel and steelmaking raw materials futures rose during morning trading on Tuesday January 29. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,683 yuan ($546.10) per tonne, up 20 per tonneMay hot-rolled coil: 3,584 yuan per tonne, up 7 yuan per tonneDalian Commodity...Read More
The import price for steel billet in the United Arab Emirates increased this week on higher offers, sources told Fastmarkets on Tuesday January 29.Domestic rebarLocal rebar producers in the UAE announced reduced prices on January 21 for material to be shipped in February.The country's largest producer, Emirates Steel, was offering rebar at 1,845 dirhams ($502) per tonne ex-works, while Conares Ste...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
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
"We're aware of this issue and we have identified a fix that will be released in a software update later this week."Continue...Read More
China's rebar prices were flat on Tuesday January 29 in the both domestic and export markets amid low trading activity.Domestic Eastern China (Shanghai): 3,710-3,750 yuan ($550-556) per tonne, unchangedNorthern China (Beijing): 3,700-3,740 yuan per tonne, unchangedRebar futures traded lower than Monday's settlement price of 3,711 yuan per tonne throughout the day, resulting in bearish sentiment in...Read More
Noted tax litigator and author joined us to discuss the coming Big Brother IRS tracking systems. The IRS has spent a fortune bringing their systems up to date. They've signed up a company to build a massive database to allow the IRS to search, analyze and visual data to do real time tracking of taxpayers spending patterns. They've already got the data and now they're serious about doing something...Read More
With $60B-$80B in potential claims against PG&E in their Chapter 11 filing why isn't anybody talking about the $600B-$800B in notional DERIVATIVES that were just triggered? Who's the BIG LOSER?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"It'll be substantially smaller than it is now...but nowhere near where it was before,"Continue...Read More
Jens Stoltenberg, NATO Secretary General, just stated that because of me NATO has been able to raise far more money than ever before from its members after many years of decline. It's called Continue...Read More
"We really could have gotten out of Afghanistan a decade and a half ago if we didn't harbor ridiculous ambitions of we might accomplish in Afghanistan."Continue...Read More
The following is a list of the ten most important factors likely to affect gold in 2019.Continue...Read More
Australia's Newcrest Mining on Wednesday reported a near 7 percent rise in its second quarter gold output, driven by increased production across all its operations, led by its flagship Cadia mine. Total gold production for the country's largest independent gold miner for the three months to Dec. 31 came in at 654,849 ounces compared with 612,695 ounces a year ago, a 19 percent increase from the pr...Read More
Gold is holding above $1,300 an ounce, trading near a seven month high Continue...Read More
Montreal's Yorbeau Resources has resumed diamond drilling at its Scott copper-zinc property between the towns of Chibougamau and Chapais. The goal is to identify an extension of the deposit west of the Gwillim fault.A preliminary economic assessment was made in 2017 for the Scott project that planned on mining 12 million tonnes at grades of 4.14% zinc, 0.81% copper, 27 g/t silver and 0.24 g/t go...Read More
Toronto-based QMX Gold Corp. has released high grade results from its ongoing drilling program at the Val d'Or East zone near Val d'Or. Half of the planned 26 holes have been completed at the Bonnefond target with the best assays reaching 39.5 and 31.5 g/t gold.Core from work at the tonalitic plug returned 31.55 g/t gold over 1.6 metre within an intersection of 3.31 g/t over 26.8 metres within a...Read More
Import prices for steel slab in Southeast Asia and East Asia have inched down further for a fourth consecutive week amid sluggish downstream markets.Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $415-425 per tonne cfr on Monday January 28, narrowing downward by $5 per tonne from a week earlier.A booking involving 25,000 tonnes of slab from a major mil...Read More