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
Demand for steel rebar was very weak in Egypt in the week to Thursday January 28, with buyers expecting producers to reduce their prices.The rebar producers, however, had not changed their prices at the time Fastmarkets made its price assessment.One of the main reasons for weak rebar demand was the construction ban in the country. Egypt imposed a ban on construction in May 2020, although it eased...Read More
Here are five Fastmarkets stories you might have missed on Thursday January 28 that are worth another look.Rio Tinto has created a new executive team and organizational structure to strengthen its environmental, social and corporate governance (ESG) credentials and rebuild trust, "particularly in Australia", following the destruction...Read More
Turkish steel producers continued to book deep-sea scrap cargoes at steady prices on Thursday January 27, after reviving their interest in imports on Wednesday following a sharp downturn in scrap values, sources told Fastmarkets.A steel mill in the Iskenderun region booked a cargo from the United States, comprising HMS 1&2 (80:20) at $416 per tonne, shredded at $421 per tonne and bonus scrap at $4...Read More
The Fed has so much liquidity slushing around in the system, that the public is now starting to see the market consequences of their money printing. Today I'm going to give you the inside look behind the GameStop and Robinhood fiasco, and what it means for your dollar denominated wealth.Blog: https://www.itmtrading.com/blog/lynet...Lynette Zang has held the position of Chief Market Analyst at ITM...Read More
Industry insider and Zerohedge contributor Vince Lanci says that Wall Street giants are crying foul after being beaten at their own game by a new generation on the Internet. The GameStop, Silver Squeeze is a paradigm shift that has rattled Wall Street to its very core, Lanci tells our Daniela Cambone in this exclusive piece. "This will end very badly," warns the veteran trader, noting that it sign...Read More
Billionaire entrepreneur Mark Cuban says he sees Reddit users crowdsourcing a short squeeze of certain stocks as a great equalizer on Wall Street, despite market concerns.Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable netw...Read More
"This thing here smells fishy to me."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 Corp...Read More
Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Thursday to discuss the current market madness surrounding certain stocks such as GameStop. El-Erian lists four reasons for his concerns.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief...Read More
What happens when Wall Street insiders get crushed by a bunch of self-described "degenerate" retail investors? That's the topic of today's episode. Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analy...Read More
Join Hedgeye CEO Keith McCullough and Danielle DiMartino Booth, former Fed advisor and Chief Strategist at Quill Intelligence, in this masterclass investing discussion about critical market and economic developments.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economi...Read More
Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is about the U.S. surveillance state and his experiences reporting on the Snowden documents around the world. Prior to co-founding The Intercept, which Glenn parted ways with in 2020, Glenn's column was featured in the Guardian...Read More
We woke up this morning to see that First Majestic?EUR< Silver?EUR< was getting short squeezed.Now there's a spike in the silver price?EUR< too!Read More
0:00 - Intro0:40 - Macro Factors to Watch3:58 - Drivers for the Gold Price8:27 - FOMC & Options Expiry12:40 - Staying On The Gold Bull18:23 - PM's & Institutions21:48 - Gold & The Fed25:34 - Valuing the Dollar27:12 - Keynesian Experiments29:50 - Inflation & Interest Rates32:25 - Forecasting 202135:38 - Wrap UpKnown primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of...Read More
Simon Black's bio: https://www.sovereignman.com/about/#simonGeorge 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 businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a success...Read More
Powell delivers most dovish press conference ever.Anthony Scaramucci's Skybridge... fund wins trophy for ridiculous bitcoin logicGameStop proves Bitcoin can't work.Technicals starting to deteriorate on Bitcoin.Bitcoin speculators have moved onto greener pastures.Big shorts in gold and silver could be squeezed next.Peter Schiff is an internationally recognized economist specializing in the foreign...Read More
"They are robbing you. They are stealing from you. This is criminal."Emergency Press Conference - Everybody On Wall Street Who Had A Hand In Today's Crime Needs To Go To Prison pic.twitter.com/aKr8aPbB3Z- Dave Portnoy (@stoolpresidente) January 28, 2021 Read More
The mass migration out of corporate social media is happening for good reasons. If you're sick of the censorship and concerned about the Continue...Read More
This could end up as one of those epic court battles that illustrate the fundamental divide between the ruling class and the rest of us. Can't wait.Continue...Read More
Bob begins the discussion discussing how the election infection is now disappearing. States, cities are magically opening up after JB is in office. Bitcoin shoots up and precious metals are going to go higher. Biden will not last and the [CB] is trying to take back control of the economic system. Bob's website: tradegeniusacademy.com*If the BitChute video doesn't play, please wait a few seconds fo...Read More
0:00 Introduction0:48 Silver mining industry in 20202:49 Covid-19's impact on silver mining in 20204:26 First Majestic has 60% revenue from silver production5:29 Potential project divestitures6:49 Type of project First Majestic would acquire9:10 ATM for silver producers?12:09 Massive short position on $AG14:58 First Majestic's new dividend policy16:32 One more company up your sleeve?Keith Neumeyer...Read More