Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Turkish domestic scrap prices continued to increase over the past week because of the rising costs for imported scrap, sources said on Monday November 30.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was 2,600-2,645 lira ($330-336) per tonne on Monday, up from the 2,250-2,545 lira per tonne of last week.Long and flat steelmaker ??olakoglu and...Read More
Prices for seaborne iron ore concentrate and pellets inched up in the week to Friday November 27 amid increased demand for concentrate and tightened supply of pellets, market sources told Fastmarkets.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $138.07 per tonne, up $0.68 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $158.77 per tonne, up $0.81 per tonne.Key driversMarket sou...Read More
The Standardization Administration of China approved on Sunday November 29 new domestic steel scrap classification standards that are expected to be rolled out by the end of this year, replacing the previous standards.The standard-making committee had released a draft of the new standards for ferrous and stainless scrap late last month.The new specifications are as follows:Heavy recycled steel mat...Read More
Steel slab export prices from Brazil remained stable in the week ended Friday November 27, with few volumes available and buyers adopting a wait-and-see stance after recent price increases.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $515-540 per tonne on November 27, unchanged from the previous week.Offers of slab to the United States were reported around...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
With bitcoin nearing in on all-time highs of close to $20,000 and gold struggling heavily, breaking below $1,800/oz, many bullion dealers reveal that clients are selling the yellow metal to buy crypto. Our Daniela Cambone speaks with Grant Williams, co-founder of Real Vision and industry insider, about this mass exodus from gold to bitcoin. Grant Williams is the portfolio manager of the Vulpes Pre...Read More
For Part 1 of this interview, CLICK HEREGundlach and Shinoda Discuss Market-Macro Dichotomies In this episode of Channel 11 News, among other topics, Jeffrey Gundlach discusses with Ken Shinoda the divergence between asset pricing and the state of the economy, his outlook for America's political leadership, his bearish view on the U.S. dollar and his optimism for EM securities. Regarding U.S. econ...Read More
Bull markets climb the wall of worry," silver expert David Morgan tells Miles Franklin. While silver could fall lower, he says the bull market is intact. "This bull market is going to try to shake off the weak hands."David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global...Read More
Inflation seems to be spreading. Houses are setting records (If CPI Measured Actual House Prices, Inflation Would Be 3% Right Now)And copper is crushing it:How many things have to be soaring before we're in an inflationary environment?Still no action on stimulus and all kinds of benefits running out before year-end.Economy is starting to slow as people have to dig into savings to buy basics.Gold s...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
Weeks before the election, Doug Casey told us that Biden would win for six specific reasons.Reason #6 was "The Democrats will cheat". How did he know and what happens next?According to a recent poll, 43% of Americans now believe Biden did, in fact, cheat.Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investo...Read More
Talking Points From This Episode- World Takes Energy for Granted- Energy Return on Investment- Lack of Oil Alternatives- Uranium, Gold, Silver & FuturesTime Stamp References:0:00 - Intro0:54 - Steve's Energy Thesis3:41 - Growth & Energy Cliff6:22 - Technology & EROI8:00 - Unsustainable Shale Oil9:42 - EROI Statistics12:09 - Oil Usage & Green Energy17:09 - Uranium & Nuclear19:24 - Peak Gold Product...Read More
Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.Read More
In this episode of the Keiser Report, Max and Stacy look at the Bloomberg journalist looking at the data proving that bitcoin is displacing gold in the investment community. They also look at the student debt that will never be paid back, by design. In the second half, Max talks to Saifedean Ammous about his new book, 'The Fiat Standard', available via his website. They discuss saleability across...Read More
Topics include:The IMF (Bretton Woods II coming!)Janet Yellen and The TreasuryOne world currencySocialism and DictatorshipThe FedDebt Jubilee'sMerging of The FedThe Great ResetLong term navigation and volatilityGeorge Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple bu...Read More
Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
How can Democrats and allied media outlets credibly oppose unhinged conspiracy theories and attacks on U.S. election legitimacy while empowering its worst purveyors?Continue...Read More
Robby Dinero, the owner of Athletes Unleashed gym located in Orchard Park, New York, tore up a $15,000 fine from the Erie County Health Department during a live Fox News interview.Continue...Read More
One sure way to identify a system "optimized for failure" is if all the insiders are absolutely confident the system is "optimized for my success".Continue...Read More
For those of you who find it too technical and volumnious to read through the massive evidence of election fraud, here is a brief summary: Continue...Read More