For years, silver analysts talked about how there was an imbalance between how much paper silver there is and how much physical silver there is. But that it would go on until enough people demanded their metal.Which at least according to the exchange reports, appears to be what's happening now. Fortunately, Jim Willie, editor of The Hat Trick Letter, joined me on the show to talk about the silver...Read More
Renowned silver analyst Ted Butler, founder of Butler Research, returns to Liberty and Finance / Reluctant Peppers to announce new revelations arising from his latest analysis of the new COMEX reports, including:- 2Q'2020 Close: 8 largest concentrated Silver Shorts doubled unrealized losses to $9B,- 1st days of July contract: Record deliveries 57MM oz Silver,- Flood of Silver into ETFs (SLV+others...Read More
*The interview begins at 01:25Mohamed 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 ma...Read More
The group, known as Not F**king Around Coalition (NFAC), marched through Stone Mountain Park near Atlanta on Independence Day, calling out white militias, along with protesting one of Continue...Read More
?EUR?Happy birthday, America. Thank you for letting me live the American Dream. We must fight every day to make sure that dream is as true for a Black child born in Minneapolis as it was for a white bodybuilder born in Austria.?EUR?Read More
For the bond markets, covid-19 is apparently a great equalizer. Before the pandemic, Japan's long-term interest rates were much lower than those of most other countries', in part because Continue...Read More
Continue...J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned earl...Read More
When ordinary Americans finally begin to discard their dollars in favour of goods, the dollar will be finished along with all Continue...Read More
The dominant Covid-19 strain appears to be a more virulent mutation.Continue...Read More
The purchase greatly increases its share of the interstate natural gas business. Berkshire Hathaway Energy not controls 18% of all interstate natural gas transmission in the United StatesContinue...Read More
Not only will there not be a recovery, but there can't be a recovery, as those brittle extremes have been lost for good.Continue...Read More
The fact that now Dick Cheney's daughter Liz Cheney, is against Trump as was Bolton confirms this is the same problem they had with Kennedy. Continue...Read More
A man in India paid about $4,000 for a gold face mask to protect him from coronavirus.Continue...Read More
This remains an excellent time to get into quality juniors with the most upside potential as the wind is at your back. Continue...Read More
Tata Steel has reached an agreement with trade union FNV Metaal over its Dutch assets, bringing an end to 25 days of industrial action, the company said on Friday July 3.There will be no redundancies at Tata Steel at IJmuiden and the parent company will invest in site's upgrade, FNV said.In addition, an employment pact for the company's Dutch workers has been extended by five years until Octo...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 2 that are worth another look.European importers of long steel and hot-rolled coil have claimed that this week's definitive decision in the EU steel imports safeguard case review ignored the interests of independent buyers and focused protection only on steelmakers, market sources told Fastmarkets on Wednesday July 1.Chilean...Read More
Gold just closed the month and quarter and itsperformance on the final day of both was very encouraging for the bulls. What’sgoing on and what changed?Let’s start with the big picture. Gold just moved to the November 2011 high and intoday’s pre-market trading it even moved above it. The volume on which goldmoved up last month was relatively small, which doesn’t support the...Read More
Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.Assertions are made that the manipulation takes place in a shroud of secrecy; and the unexpected lower prices for gold, or prices that don’t meet wildly bul...Read More
Most Turkish flat steel prices hit a monthly peak on June 12, following feedstock prices, before edging back down when buyers concluded their procurement activity, market participants told Fastmarkets on Thursday July 2. Turkish flat steel producers are fully booked until mid-September. Feedstock scrap prices fluctuated in June. Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), U...Read More