"At the opening dinner of the Osaka G-20 meeting in June 2019, with only interpreters present, Xi had explained to Trump why he was basically building concentration camps in Xinjiang. Continue...Read More
Mohamed El-Erian, chief economic advisor at Allianz, says the stock market is in a "win-win" mindset as the Federal Reserve provides continued stimulus. He warns of distorted "zombie markets" and explains how some sectors will benefit while others will miss out during the economic recovery.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is...Read More
The cash flow problem in the real economy threatens holders of US commercial real estate as the overwhelming majority of that real estate was purchased with massive amounts of debt to increase investment returns.Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC...Read More
Bill Gates says his foundation is funding the construction of factories for seven coronavirus vaccine candidates. Europe is embracing his agenda where people will not be able to even Continue...Read More
"Our lives have been ruined." "You can never really get over it." Continue...Read More
'My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career. The great bubblesContinue...Read More
The Paycheck Protection Program (PPP) was authorized by Congress under the CARES Act and is being overseen by the Small Business Administration Continue...Read More
"We can simply work through the 14-day quarantine periods that have worked so well in terms of returning Australians to this country safely."Continue...Read More
"A dollar decline is inevitable," says Stephen Roach, senior lecturer at Yale University, as he explains how a coming crash in the U.S. dollar will unfold. Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recen...Read More
Just when you thought things we might be coming out of the worst, one widely followed analyst reminds us to connect the dots from the Reagan-era draining of Canada's sovereign gold reserves as a weapon which bankrupted the USSR, to the fatal flaws in Keynesian fiat currency, to today's runaway vertical growth of the Fed's balance sheet, to the emerging global rejection of the USD, to the future gl...Read More
Todays interview is with Harley Schlanger. Harley discusses the Deep Sdtate and how the Trump administration is fighting their every move. Harley pointed out that Trump spoke at West Point and in his speech he told the globalists we are no longer the police of the world. The economic system is now being transitioned, the globalists are panicking.Harley Schlanger's work can be found at LaRouchePAC....Read More
Some of us thought the epic scale of spending and printing during the Great Recession would not be surpassed. Boy were we wrong!Continue...Read More
* Cote Gold Project expected to start output in 2021* Sumitomo Metal looking to boost output through acquisitions* Says deal will boost company's annual gold output to 18 T (Adds comment, detail)By Yuka ObayashiTOKYO, June 6 (Reuters) - Japan's Sumitomo Metal Mining Co on Tuesday said it had agreed to take a 27.75-percent interest in a Canadian gold mining project from Toronto-based IAMGOLD Corp f...Read More
WE SAID IT HERE ON MAY 31 ON THIS SITE " BLATANT MANIPULATION IN THE GOLD MARKET...EXPECT IT TO OCCUR AGAIN." AND IT SURE DID OCCUR AGAIN TODAY. AND IT IS NOTHING LESS THAN BLATANT MANIPULATION TO CREATE THE IMPRESSION THAT GOLD IS NOT A WORTHWHILE INVESTMENT AND IS SIMPLY BEING SOLD ON A LARGE SCALE. THE SALES ARE DECEPTIONS AND NOTHING LESS. FOR EXAMPLE, TODAY, AT ABOUT 9:30 EST, 3000...Read More
Gold is largely steady, as traders remain cautious and await for official results from the U.K. election, following a shocking exit poll that projected Prime Minister Theresa May's Conservative Party falling short of a majority.The exit poll estimated that the Conservatives will have 314 seats in the 650-member parliament, while the opposition Labour Party would be not far behind with 266 seats, w...Read More
June 9 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The TimesThe European Central Bank has ruled out further interest rate cuts in a first small step towards normalising monetary policy as the euro zone rapidly gathers momentum. BT Group Plc has fired PricewaterhouseCoopers (PWC) as its...Read More
LONDON, June 9 (Reuters) - London stock exchange futures sank, gilt yields fell and the pound dived below $1.27 for the first time in almost two months on Friday as odds tightened on Labour leader Jeremy Corbyn becoming the next British Prime Minister after UK elections. With trading volumes extremely thin out of London hours, FTSE futures were quoted down 0.2 percent as voting results began to co...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.3 pct, CSI300 +0.8 pct, HSI +0.3 pct* HK->Shanghai Connect daily quota used 7.9 pct, Shanghai->HK daily quota used 3.3 pct* HK->Shenzhen Connect daily quota used 10.7 pct, Shenzhen->HK daily quota used 7.1 pct* CNY official close 6.7995 per dollar* FTSE China A50 +0.9 pct, BNY Mellon ADR China Select Index +1.3 pct SHANGHAI, June 9 (Reuters) - Following...Read More
By: RambusThere is something happening in the commodities complex that has been going on for awhile now that needs to be addressed tonight. A subtle change actually started earlier this year and has been gaining momentum especially in the energy sector. I know for a lot of you, with the weak US dollar, you are thinking, "how could commodities be declining," which goes against everything you have...Read More
Gold Prices Steady On UK Election Risk; ECB and Geopolitical Riskby Reuters* Gold prices could see strong intraday volatility - analyst* UK election, Ex-FBI director testimony, ECB meeting set for later in the day* Downside for gold is "limited" (especially in sterling)Gold held steady on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day...Read More