The majority of financial market participants were blindsided by the Federal Reserve's recent historic actions following the reported outbreak of the coronavirus. Yet for those who know about G. Edward Griffin and his legendary book "The Creature From Jekyll Island," the latest financial moves came as little surprise. As a result, they were prepared in advance.G. Edward Griffin is an American film...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
With global markets in turmoil, gold has been on a tear this year, leaving many investors wondering what the future for the yellow metal could be.For Ronald-Peter Stoeferle, managing partner at Incrementum, there's still a long, bright path ahead. Speaking to the Investing News Network, he said the party is far from over for gold. "From my point of view, this bull market is just getting going. It'...Read More
Amazon has removed the first part of a documentary about the threats to freedom of expression posed by Antifa and other violent leftist groups.Continue...Read More
Let's all hear about Floyd, who the coroner said had a significant dose of fentanyl in his system when he died. The notes on the coroner's report show that the level in his bloodContinue...Read More
Michael Oliver offers his usual insights into the next turn into the major markets of most interest.J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s M...Read More
Gates' virus is overly exaggerated for the sole purpose of terrorizing people into complying with his agenda and to defeat Trump to usher in the New Marxist Green Order.Continue...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Fitch Ratings has downgraded Canada's Long-Term Foreign Currency Issuer Default Rating (IDR) to 'AA+' from 'AAA' (outlook stable) citing the deterioration of Canada's public finances resulting from the pandemic.Continue...Read More
American approval of President Donald Trump's handling of the covid-19 pandemic has sunk to the lowest level on record, the latest Reuters/Ipsos opinion poll showsContinue...Read More
"I've got this fever, I got this crazy burning sensation, nerve pain that's like under my skin, incredible fatigue." Continue...Read More
Investors are willing to lock in a paltry return below 1% for 100 years, and they are doing so in droves: with over ?,?17.7BN in demand for the bond, the issue was 8x oversubscribed, with Continue...Read More
"Calls have outpaced puts by between two and three times to one today, and what really jumpedContinue...Read More
The price of steel hollow sections in Europe continued to move downward on Wednesday June 24 with the market remaining weak, sources have told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?535-550 ($604-621) per tonne on Wednesday, down from ?,?540-560 per tonne tonne a week earlier."Prices are slightly lower but demand is pickin...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, 'Jaws: The Revenge,' returned - akin to a truly awful horror movie franchise.The Materials Services trading arm of...Read More
European producers of hot-rolled coil have raised their domestic prices despite trading activity remaining scarce, sources told Fastmarkets on Wednesday June 24.Some market sources questioned the success of the increase because demand levels do not support a price recovery. Others, however, believed that buyers will have to accept slightly higher prices due to high raw material costs and a lack of...Read More
Nickel premiums in all regions traded flat in the week ended Tuesday June 23, with demand for the metal being weak in all global markets.Negative arbitrage between the London Metal Exchange and Shanghai Futures Exchange kept China trade subduedUptick in European briquette inquiries on SHFE deliverability from October failed to result in higher premiumSubdued spot trade steadied US nickel premiums....Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Poised for a technical breakoutFears over a second wave of Covid-19 continue to grow, forcing prices of aluminium and the other base metals to take a pause. Our base-case scenario is that countries will respond more efficiently to contain the virus spread, so economic activity and metal demand should continue to r...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 24 that are worth another look.The threat of Section 232 tariffs on aluminium imports from Canada into the United States has, like the great white shark following the Brody family in the universally panned film, 'Jaws: The Revenge,' returned - akin to a truly awful horror movie franchise.The Materials Services trading arm of...Read More