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
The UK market for steel scrap deliveries to domestic steelmakers for monthly contracts increased for the second month in a row in December, against rallying European export markets and tight flows of scrap into British yards, industry sources said in the week to Friday December 11.The British market has also been affected by surging costs for containers for the export of metal goods internationall...Read More
The price for pig iron exports from Brazil went up again during the week to Friday December 11 on continued strong demand in the United States.Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $445-450 per tonne on Friday, up from $420 per tonne a week before.A sale to the United States was heard at...Read More
Global steel scrap prices continued to increase throughout the week to Friday December 11 on active purchasing from steel mills and tight supply in the spot market.Turkey purchases at increasingly higher prices on tight supplyUS exporters see brisk trade on East CoastTaiwan sees continued shortage in containerized scrap supplySurge in Kanto Tetsugen auction cause H2 offers to spike in VietnamIndia...Read More
Gold has bounced back from its support level of the low $1,800s, and is on track to touch $1,920 by Christmas time, said Peter Hug, global trading director of Kitco News.0:00 - Fiscal stimulus5:06 - Equities7:06 - Gold's macro drivers9:28 - Gold price levels to watchPeter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera....Read More
Bob Thompson of Raymond James in Vancouver subs in for Eric this week and shares his views on the precious metals and the status of the bull market as we head into 2021.Read More
For Part 1 of this interview, CLICK HERESilver may be Thomas Kaplan's first love as he sees the potential for the precious metal to eventually push to $100 dollars; however, he is also not giving up on gold as he sees the yellow metal in the third-wave of a secular bull market that will take it "way past new highs."He noted that gold was in a strong uptrend well before the COVID-19 pandemic devast...Read More
If bond prices start spiking then look out below. When the Door-Dash's of the world go up 90 percent in a day, something is amiss. 40 percent of publicly traded companies aren't making money. 20 percent of them are zombies who can't even make enough to pay their debt service. People have to have a hedge other than Wall Street's 60-40 portfolio allocation strategy. Wall Street is betting on the ret...Read More
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.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 a lot of new financial market participants turning to the precious metals unlike ever before, Dave Kranzler of Investment Research Dynamics answered some of the most common questions about gold, silver, and the mining stocks. Fortunately, in addition to answering the basics, he shared some wisdom that would be helpful for even the advanced experts. So to continue building a base of precious m...Read More
Doordash and Airbnb go public with successful IPO, despite never making a profit.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the prin...Read More
"We said that we would watch it. If the hospitalizations didn't stabilize, we would close indoor dining. It has not. We're going to close indoor dining on Monday."Continue...Read More
Calling the US stock market "expensive" is like calling the sun "warm." It really doesn't do it justice. "Insanely overvalued" is more accurate, as the following charts illustrate:Continue...Read More
Capitalism is collapsing as "we are barreling toward a nation where 3 million lords are being served by 350 million serfs."Continue...Read More
If we do this it ends the pandemic immediately and permanently - and costs about $2/person who is infected or exposed.Continue...Read More
Klaus Schwab, who is trying to take over the world with his Stakeholder Economics & Fedualist-Socialism, has suddenly realized that his efforts to destroy capitalism as we know it Continue...Read More
"Our legislation protects Title IX's original intent which was based on the general biological distinction between men and women athletes based on sex."Continue...Read More
"I've seen the best returns in any industry." "People see this potentially as a get-rich-quick mechanism, just like you saw in the early stages of cannabis." Continue...Read More
Melinda Gates is 'incredibly disappointed' that Americans will be receiving COVID-19 vaccines, developed by American companies, before the rest of the world.Continue...Read More
Solar power generation is expected to nearly double by 2025 according to a report released last summer by the Silver Institute.Continue...Read More