The world's largest low-grade iron ore producer has confirmed that it will bid for two blocks at what is considered the world's largest untapped high-grade ore resource, a move that reiterates what the industry has been saying over the past few years - that demand for green iron ore or high-grade ore is a structural change in the making."Following the release of information at a public meeting hel...Read More
Edward Meir has joined international financial brokerage firm ED&F Man Capital Markets as a senior commodity independent consultant.Until recently, Meir - who runs Commodity Research Group, a consultancy specializing in metals and energy research - was at INTL FCStone in New York.He joined INTL in 2011 after nine years primarily in Man Group's base metals and energy team.Prior to...Read More
China's sustained presence as a buyer in Southeast Asia's spot billet market has been boosting prices in the region, sources told Fastmarkets. At least two cargoes involving close to 80,000 tonnes of Indian billet and 55,000 tonnes of Russian billet were booked at $395-400 per tonne cfr China after the country's October 1-7 Golden Week to commemorate its 70th National Day."The major buyers are re-...Read More
Gary Christenson, The Deviant InvestorThe music died many times in the past. To name a few:1929 Market crash1933 President Roosevelt confiscates citizen gold and declares it illegal to own more than a few ounces.1971 President Nixon "closed the gold window" and severed the last link between the devaluing dollar and gold.1987 Stock market crash2000 Stock market and "dot-com" crash2008 Stock marke...Read More
For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please [ https://gracelandupdates.com/wordpress/wp-content/uploads/2019/10/2019oct15si1.png | click here now ] . Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold i...Read More
For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please [ https://gracelandupdates.com/wordpress/wp-content/uploads/2019/10/2019oct15si1.png | click here now ] . Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold i...Read More
You'd be surprised how many people ask me what the price of oil will be in a year.What's more interesting is the look on their faces when I tell them what it would cost them, right down to the penny.If you wanted to buy a barrel of oil right now and take delivery at some point in October of 2020, it would cost you exactly $51.46 per barrel as I write this.No, I'm not reading any tea leaves, nor am...Read More
By: Ira EpsteinGold weekly chart 18-Weekly MA near $1,469. Gold bias yesterday went to the downside. Under the 18 day moving average, 1474 area support..Read More
Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More
Discussed in this interview:03:13 Shadow banking system is oversized once again05:26 Fed's repos are similar to quantitative easing10:13 Liquidity seizure are extremely rare events12:06 Preventing contagion from overnight lending market16:08 Will the US follow the rest of the world into negative interest rates?18:14 Negative interest rates 'un-American'21:03 Signs of a coming recession23:05 Expect...Read More
Today's guest, John Rubino, shares his thoughts on the financial markets and global economy. During our discussion John mentions that all the negative activity is signaling that we are close to some type of market top.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Coll...Read More
Given the crisis actions currently being taken by central banks, the drastic erosion of constitutional liberties and privacy, and the unprecedented levels of debt & derivatives posing risk of global financial collapse, you may be wondering whether you should relocate in order to reduce taxes, government intrusion, and other risks. But where should you consider moving, and what factors should you c...Read More
Slides and Links: https://www.itmtrading.com/blog/big-e...There's a large majority of the population (hopefully not you) that believes they'll have time to do something before the Big Emergency takes place; time to move their money, time to get prepared, etc. However, I'm going to cover some Seismic Deadlines in this video, which are not only Looming, but will leave little warning when they take p...Read More
Peter Schiff discusses how the Federal Reserve plays an integral role in the economic recessions of the past. Peter covers cause and effect, and how different functions of the markets, politics, national debt, and central banks influence and shape the future of the world economy. He also gives insight on where he sees the economy heading, and how his prediction is likely to pass in the near future...Read More
According to the Washington Post's Josh Rogin, the former president said, "An isolationist United States is destabilizing around the world" and "We are becoming isolationist and Continue...Read More
Remember "defined benefit" pensions? That is the kind of plan in which the employer guarantees the worker a set monthly benefit for life. They are increasingly scarce except for smallContinue...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Central banks cut interest rates, then they printed money. What will they do next to keep global economies from imploding? Richard Duncan joins Robert & Kim to discuss the next moves that central banks are prepared to implement.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Booksc...Read More
The purchase expands the holdings of its principal project there. Megastar Development Corp. (MDV:TSX.V) announced in a news release it entered an agreement to acquire, through its subsidiary Minera Mazateca, the entire Cerro Minas mineral concession from Gunpoint Exploration for $100,000 and 800,000 common shares. The concession, which consists of 899 hectares of surface area, is in Mexico on th...Read More