Academics, if they are white, live in fear of their jobs. Professors lost their authority when administrations ceased backing them and instead allowed student complaintsContinue...Read More
The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed.Continue...Read More
Lawrence Lepard, Managing Partner with Equity Management Associates, just released a report that lays out the coming debt crisis in all its apocalyptic glory. Continue...Read More
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.c...Read More
President Trump won't sign a new coronavirus relief package unless Democrats agree to a payroll tax cut, according to Politico, citing three anonymous sources 'close to the issue.'Continue...Read More
"We have it totally under control." "It's one person coming in from China, and we have it under control. It's going to be just fine." Continue...Read More
Exactly how many people are still out of a job or out of work remains in the eye of the beholder. But with 32 million people still receiving unemployment compensation under state and Continue...Read More
Florida's COVID-19 deaths increased by 156 to a total of 4,782, surpassing its previous one-day record of 133 new deaths on July 12.Continue...Read More
At some point, the price will move above or below the range and traders will be Continue...Read More
Liberty Gold's latest drill results confirm the D-3 zone at its Black Pine project as a "significant new discovery." Liberty Gold Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that further drill results extended the high-grade oxide D-3 zone at its Black Pine project in Idaho. "The new drill results confirm that the D-3 Zone is a significant new discovery," Presi...Read More
The key numbers and the timeline for this Mexican asset of Endeavour Silver are addressed in this ROTH Capital Partners report. In a July 14 research note, ROTH Capital Partners analyst Joe Reagor reported that Endeavour Silver Corp. (EDR:TSX; EXK:NYSE; EJD:FSE) released a summary of the updated prefeasibility study of its Terronera silver-gold project and that it "shows robust economics' and dem...Read More
Car and motorcycle maker BMW Group has signed a ?,?2 billion ($2.28 billion) contract with Swedish battery maker Northvolt to secure a stable supply of battery cells for its fleet of electric vehicles (EVs), the German company said on Thursday July 16.The contract is for battery production starting from 2024 at the Northvolt gigafactory currently under development in Skelleftea, northern Sweden.Th...Read More
Sales of passenger cars in Europe fell by 22.34% year on year in June 2020, marking the sixth consecutive month of decline.New car sales in Europe totaled 949,722 vehicles in June 2020, down from 1,222,942 units sold in the corresponding month of 2019, the European Automotive Manufacturers Association (ACEA) said on Thursday July 16."However,...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 16 that are worth another look.The United States Federal Circuit on Wednesday July 15 decided to reverse the US Department of Commerce's decision to collapse three Taiwanese steelmakers to calculate a combined anti-dumping margin for certain corrosion-resistant steel products (CORE), according to public documents.Ru...Read More
Previously, I have shown how there were virtually no significant Silverrallies over the last 50 years during a period when the US Dollar index hasbeen rising.Betting on a silver rally when the US Dollarindex is in decline makes for great odds. There have been two significantSilver rallies in the last 50 years (marked out with rectangles on the chartbelow). During both of these, the US dollar...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
A summary of the second-quarter 2020 production results from British multinational mining company Anglo American, it said in its latest production report released on Thursday July 16.In brief The company registered an output of 4 million tonnes of metallurgical coal in the second quarter of 2020, a 32% year-on-year decline. The sharp decrease in metallurgical coal production was principally due to...Read More
The US economy is nowherenear recovering from the lockdown measures imposed by cities and states duringthe covid-19 pandemic, and that is weighing on the US dollar, which has fallensharply since March. The beneficiary, asexpected, has been gold (and silver), which normally moves in the oppositedirection as the greenback. Year to date, spot gold has risen 16% to $1,811/oz,while the US Dollar I...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 16 that are worth another look.The United States Federal Circuit on Wednesday July 15 decided to reverse the US Department of Commerce's decision to collapse three Taiwanese steelmakers to calculate a combined anti-dumping margin for certain corrosion-resistant steel products (CORE), according to public documents.Ru...Read More