Topics:Everything gets slammed.Chart looking weak for the Dow and Russell, strong for silver.Bloom coming off the rose of economic recovery.Political tensions rise with death of Ruth Bader Ginsburg.US government is the biggest threat to America, not terrorists or COVID.Fiscal stimulus requires monetary stimulus.The constitution has to be applied, not interpreted.Peter Schiff is an internationally...Read More
1. The NASDAQ 100 (QQQ) rebounded yesterday afternoon from the sharp sell off that started on September 2nd. Many of the cloud software stocks (IGV) lead the tech heavy NASDAQ 100 into positive territory. There is a lot of chatter that Europe will be locking down again due to a second wave of the coronavirus. So many of these cloud software stocks surged on this news.2. The election is just 41 day...Read More
Fastmarkets is proposing to introduce fallback measures to its two Chinese vanadium fob price assessments amid a significant drop in spot liquidity in China's vanadium export market.Since the second half of 2019, Chinese exporters' interest in shipping vanadium products abroad has been stifled because Chinese prices have been much higher than their European counterparts, which has persisted so far...Read More
This week on System Update, Glenn Greenwald talks to Shant Mesrobian, formerly with the Obama 2008 campaign and current co-host of 'The Backchannel', about the disdain establishment liberals and mainstream journalists express for Joe Rogan, and how his platform has been growing in importance despite this.Glenn Greenwald is one of three co-founding editors of The Intercept. He is a journalist, cons...Read More
"It is beyond doubt that the CCP actively engaged in a cover-up designed to obfuscate data, hide relevant public health information, and suppress doctors and journalists who attempted to warn the world," Continue...Read More
Investors need to be on guard against one or more surprises that can come without warning. I call these the "wildcards" in the election season. It's hard to know which one might emerge, but Continue...Read More
I have written many times before that they selected Bush Jr. deliberately because he had the name to win, but I was told he was "stupid" and they "needed" qualified people around him. Continue...Read More
Klaus Schwab needs to answer why the World Economic Forum sold all its stocks and bonds ahead of everyone else. Schwab has exploited this virus within weeks, launching his vision for the Great Reset. 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
As doubts about the FDA's credibility grow as the agency awaits the initial results from the frontrunner's "Phase 3" trials, the leading vaccine makers are working to further expediteContinue..Read More
With all the vaccine experts in America today, why would Trump ask the public to trust someone with this past?Continue..Read More
More evidence that the bureaucrats leading the USA are mentally incapable of performing their jobs. Continue...Read More
"Gold should emerge victorious in this environment because it cannot be reproduced at the push of a button as the USD, EUR or Continue...Read More
A gold refiner that was used by criminals to launder drug money has been selling gold to Apple, Amazon and General Motors to use in their consumer products. Continue...Read More
Peter Krauth discusses what he believes is ahead for the dollar and gold. After taking it on the chin for the last six months, the U.S. dollar now looks set to rally.Gold is being dented, having recently traded back below $1,900.Meanwhile, the dollar is already up nearly 1.5% since the start of September. That's a big deal for the world's reserve currency.But if you consider what's happened to th...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 22 that are worth another look.Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.Read More
The Chinese steel engine that powered on for a good six months after the start of the Covid-19 pandemic is finally starting to lose steam, according to market sources.Booming domestic demand and equally strong local steel prices had been the savior of steelmakers everywhere in the second and most of the third quarter of 2020, which either indirectly improved sentiment in Asia or opened arbitrage w...Read More
China has released the 12th batch of solid import licenses approving an additional 2,610 tonnes of ferrous scrap, according to a notice reported by China Solid Waste & Chemical Management (CSWCM) on Thursday September 17. China has approved 23,100 tonnes of ferrous scrap imports to date this year, the data at CSWCM shows. Major buyers in this round include casting plants and trading houses in east...Read More
Gold has been consolidatinghigh since early August, when it rocketed parabolic on colossal gold-ETFdemand. That 6-week-old sideways drift hasworked off some greed and overboughtness, but plenty still remains. So gold isn’t out of the woods yet for thisessential sentiment-rebalancing selloff. With residual overboughtness still extreme, gold faces considerabledownside risk hea...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 22 that are worth another look.Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.Read More