Next week is a very big week for the global financial markets due to:1. FOMC meet on 13th June2. Trump-Korean Leaders meet in Singapore on 12th June3. European central bank meeting on 14th June Plus the regular US economic data releases. Economics and geopolitics will be clashing with each other next week. The soccer world is also there next week. Some of the funds from equiti...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Danielle DiMartino Booth (Mises.org/Booth) worked at New York investment houses before joining the Dallas Bank of the Federal Reserve. Her years working with (relative) Fed Hawk Richard Fisher led to the publication of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America (Mises.org/FedUp), a full-throated expose of how the Fed benefits elites at the expense of ordinary people. R...Read More
Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact intere...Read More
China's domestic stainless steel prices rose further over the past week to reach their highest so far this year amid strong demand.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,800-16,100 yuan ($2,471-2,518) per tonne including VAT for the week ended Thursday June 7, up 400-600 yuan per tonne from a week earlier. Environmental...Read More
Daniel McAdams from the Ron Paul Institute gave a talk last weekend about groups funding war propaganda in mainstream and social media, and how they prevent anti-interventionist voices from being heard on those same platforms. Companies like YouTube, Google, Facebook, and Twitter are now judging-and banning-ideological content based on the guidance of really evil organizations like the Atlantic Co...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
Click Here to Listen to the Interview - *the interview begins at 5:38Michael Pento examines what's happening beneath the surface in the markets right now, and why we should all be very leery of putting too much stock into what we're hearing from the mainstream financial media these days regarding the economy.Click Here to Listen to the Interview - *the interview begins at 5:38Michael Pento is a...Read More
European stocks bounced recently and the central planners and Old Wall media took a victory lap, declaring the threat of #EuropeSlowing was over. Don't get sucked in.According to Hedgeye CEO Keith McCullough, there's plenty of data to support that the problems in Europe are just getting started. Central planning and bailouts won't change anything."These guys aren't going to save us every day from...Read More
" I will be flying to Singapore for the historical Summit. I'll give whatever support is needed to my friends, @realDonaldTrump and Marshall Kim Jong Un."Continue...Read More
The first question that we ask ourselves when analyzing a small low cap company is how much of the company's shares are owned by the officers and directors of the company. What is the percentage? The more the better. We study the history of the "insider" purchases...how many shares were bought recently? Has there been any recent selling? Are Insiders (officers) often buying at specific pri...Read More
Chris Marcus of Arcadia Economics speaks with Maurice Jackson of Proven and Probably about what investors can do to prepare for economic uncertainty. Maurice Jackson: Today we will cover equity markets in a clever, simple way to hedge your portfolio. Joining us for conversation is Chris Marcus, of Arcadia Economics. Who is Arcadia Economics, and what is your underlying thesis?Chris Marcus: Arcadi...Read More
Bob Moriarty of 321 Gold discusses the status of this company's mineral resource. I've been fairly quiet on the Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX) front for months in anticipation of assay results that will better define the project. I believe that I have pretty much understood the potential for gold in the Pilbara since Quinton Hennigh, Mark Creasy and I sat down in Mark's office to d...Read More
Italian re-roller Marcegaglia has completed the acquisition of compatriot tube manufacturer Novero.Marcegaglia has purchased an 80% share of the Turin-headquartered company, which specializes in the production of drawn tubes, the buying company said on Thursday June 7.Marcegaglia said...Read More
Crudeoil moved significantly lower after topping at long-term retracement levels andsince the monthly decline took place on big volume (biggest in almost a year),the black gold should move lower. But instead of moving lower this week, itseems to be forming a weekly bullish reversal. The individual daily volumelevels were not low this week, so if the bullish reversal does indeed form,we’ll ha...Read More
China's iron ore imports rose by 2.9% year on year in May amid stronger prices.The world's biggest buyer of the steelmaking raw material took in 94.14 million tonnes last month, up from 91.52 million tonnes in May 2017, according...Read More
CloseGain/LossOn WeekGold $1298.50+$1.60+0.42%Silver$16.76+$0.07+2.26%XAU82.93-0.07%-0.13%HUI178.83+0.11%-0.18%GDM623.60-0.30%+0.41%JSE Gold1060.13+14.27+4.47%USD93.57+0.12-0.70%Euro117.70-0.30+0.95%Yen91.40+0.22-0.02%Oil$65.74-$0.21-0.11%10-Year2.943%+0.024+1.41%Bond143.90625-0.21875-0.52%Dow25316.53+0.30%+2.77%Nasdaq7645.51+0.14%+1.21%S&P2779.03+0.31%+1.62% The Metals: ...Read More
Italian re-roller Marcegaglia has completed the acquisition of compatriot tube manufacturer Novero.Marcegaglia has purchased an 80% share of the Turin-headquartered company, which specializes in the production of drawn tubes, the buying company said on Thursday June 7.Marcegaglia said...Read More
Precious metals expert Michael Ballanger discusses silver's mercurial aspects. When I was a young lad, there was a classmate (let's call him "Frankie") in the very early years of my education whose behavior was quite often deemed as "peculiar" and while I found him immensely entertaining, the teaching staff and my fellow students did not entirely agree. Frankie was the kind of kid who would bang o...Read More
Summary 1)2018 has seen so muchvolatility in the equity and bond markets after going straight up since 2009. 2)"Everything"bubble is simply the result of record low negative real rates manipulated byCentral Bankers to prevent deflation by all means possible. 3)The ending of QEcombined with increasingly inflationary concerns has sparked the US to startraising rates. 4)Unwinding of easymo...Read More