Demand for ferrous scrap imported to South Korea has shown a notable recovery in recent months amid healthy steel demand and rising steel output in the East Asian nation.South Korea imported 665,187 tonnes of steel scrap in January-April 2021, an increase of 20.3% year on year, according to Korean customs statistics.Steel production in the country was 17.58 million tonnes during the first quarter...Read More
Bestselling author Jim Rickards speaks with our Daniela Cambone about the recent stories surrounding silver inventories and the London Bullion Association. The LBMA overstated their silver holdings in April, an error which they later rectified. Rickards gives his thoughts on the matter and other theories circulating in the gold and silver market. Jim Rickards is a lawyer, investment banker and eco...Read More
Cryptos of courseShortages are popping up everywhere. From today's DC links list:- Companies are panic-buying as supplies run short - Ag's latest headache: a shortage of pallets for shipping produce - Chick-fil-A suffers sauce shortage amid industry-wide supply chain issues-Social Media Censorship Slammed After Fauci Admits Possibility Of Wuhan Lab Leak-Tesla Found Guilty Of Throttling Charging Sp...Read More
00:00- Intro00:50- Equity Market Overview03:08- Massive Moves in Bitcoin05:11- China Banning Cryptocurrencies06:28- Technical Analysis on Gold09:09- Technical Analysis on Silver11:32- Bond Market Analysis13:07- Oil Prices Overview13:46- Shanghai Composite Chart15:56- Parting Thoughts...Gareth Soloway President is CEO & Chief Market Strategist for InTheMoneyStocks.Read More
Ray Dalio, founder of Bridgewater Associates, said he would rather own Bitcoin than a bond. Dalio also said Bitcoin's "greatest risk is its success." Dalio spoke in a recorded interview that was presented at "Consensus by CoinDesk" event.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on...Read More
"It's easy to get wrapped up into the gloom and doomy side of the story, but it's actually a great time to invest. You can make a lot of money if you buy the right things at the right time. I think precious metals are a big part of that story. So don't focus on this horrendous crisis that's coming. Think of it as an investment opportunity for you to protect your family and yourself by doing the ri...Read More
Perth Mint's unallocated, pooled account program appears to be in trouble. People seeking delivery or allocated metals have been complaining about major delays or even a failure to delivery. In their recent annual report, they indirectly admit that they don't have the metal. It's been re-hypothocated to the moon. Advice, especially now, never, ever buy unallocated anything. Andy says that Perth ha...Read More
Tom welcomes Russell Starr, President, and CEO of Trillium Gold, to the program. Time Stamp References:0:00 - Introduction0:30 - Stealth Gold Bull Market2:13 - Investors Needed3:52 - Measuring Inflation5:42 - Canadian Dollar & Gold8:12 - Political Attitudes9:15 - COVID Challenges10:49 - Why Red Lake?11:52 - Mergers12:58 - Defi Technologies14:15 - Bitcoin and Gold19:02 - Investing Approach19:43 - C...Read More
This is not a drill... They are giving out tickets for shaking hands in Ontario. For SHAKING HANDS.Continue...Read More
It's time to stop it folks.Actually, it was time to stop it decades ago, and having shoved a half-million in the hole who choked to death while being told there were no safe alternatives Continue...Read More
If you think you are smarter than the man that even Einstein Continue...Read More
Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smi...Read More
The second punch is his profound warning with simulations once Continue...Read More
With so much focus on the macro environment as stocks Continue...Read More
"The military relationship is strained, no question about that. It's hard to know how much this is reflective of that strain as much as it is just Chinese intransigence," a U.S. defense official said.Continue...Read More
Musk tweeted that he "spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising."Continue...Read More
In March, Governor Greg Abbott announced that Texas would open for business 100 percent without a statewide mask mandate. The pro-lockdown "experts" were shocked. Continue...Read More
Unlike many other commodities, gold is not overbought or parabolic on the charts at this time and still has some room to run. Continue...Read More
Recent action argues we need to be prepared for that big breakout sooner than we expected.Continue...Read More
The European manganese alloys markets rose even higher over the week ended Friday May 21, hitting price ranges last seen in late 2008, on a bout of short-covering from traders looking to restock ahead of an expected renewal of consumer demand early next month, trade sources have told Fastmarkets.Market prices for silico-manganese delivered on a spot basis went as high as ?,?1,450 ($1,766) per tonn...Read More