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Stephen Roach: An overvalued US dollar is ripe for a sharp decline

July 23, 2020 / marketsanity.com

Continue...Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalizatio...Read More

Martin Armstrong: We have reached the point of no return

July 23, 2020 / marketsanity.com

Who are we kidding? The tax burden on each generation will progressively get worse until we see blood in the streets, which seems to be the only solution to corrupt governments.Continue...Read More

Trump sending 'a surge' of federal agents to more U.S. cities to fight violent crime

July 23, 2020 / marketsanity.com

"Today I'm announcing a surge of federal law enforcement into American communities plagued by violent crime," said Trump.Continue...Read More

Ben Shapiro and Joe Rogan discuss COVID, Protests, Police Brutality, Racism in America

July 23, 2020 / marketsanity.com

#1512. Ben Shapiro is editor-in-chief of the Daily Wire, syndicated columnist, and host of "The Ben Shapiro Show" is available on SoundCloud and iTunes. His new book How to Destroy America in Three Easy Steps is available now everywhere.Read More

Dr. Fauci contradicts Trump, says COVID-19 won't ever be totally eradicated

July 23, 2020 / marketsanity.com

"I don't really see us eradicating it," Fauci, director of the National Institute of Allergy and Infectious Diseases, said during an interview with the TB Alliance. While the virus will not disappear, it's possible world leaders and public health officials could work to bring the virus down to "low levels," he said.Continue...Read More

Iran and China on Verge of a Huge Deal - Thank Trump

July 23, 2020 / marketsanity.com

Trump just drove Iran into the arms of China. China and Iran are on the verge of a economic and military deal.Continue...Read More

Here's what's behind the 'perfect storm' sending silver prices surging

July 23, 2020 / marketsanity.com

"The catalyst of the recent rally, however, seems to be the fact that the world is aiming for a 'green' recovery, with a significant part Continue...Read More

The Real Unemployment Rate is 21%-and Heading Higher

July 20, 2020 / marketsanity.com

As businesses, agencies and organizations recalibrate to the reality that the V-shaped recovery was nothing but a brief fantasy, 6 million additional jobs lost may be a best-case scenario rather than the worst-case scenario.Continue...Read More

Iran semi, finished steel Q1 output up despite drop in export volumes

July 23, 2020 / www.metalbulletin.com

Iranian steelmakers produced 7.14 million tonnes of semi-finished products in the first three months of the current Iranian year - March 20 to June 20 - up by 3% annually, the latest Iranian Steel Producers Association (ISPA) report said on July 19.Higher steel slab output reached 3.02 million tonnes in the first quarter, up by 12% year on year, which drove a lot of the reported growth, while stee...Read More

AT A GLANCE: Posco posts Q2 operating loss of $165 million due to Covid-19

July 23, 2020 / www.metalbulletin.com

A summary of the steel segment of South Korean mill Posco's earnings report for the second-quarter ended June 30, released on Tuesday July 21.In briefOperating loss of 197 billion Won ($165 million) recorded for April-June, compared with an operating profit of 805 billion Won in the same period of last year.Overseas steel businesses incurred an operating loss of 93 billion Won, compared with an op...Read More

Gold Royalty Firm Expands NSR Royalty at Nevada Property

July 22, 2020 / www.theaureport.com

Ely Gold Royalties reported that it has increased its net smelter returns royalty at the Lincoln Hill property operated by Coeur Mining. Nevada focused gold royalty company Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) in a news release announced that "it has entered into a binding letter agreement with a private individual seller whereby Ely Gold, through its wholly-owned subsidiary...Read More

Past-Producing Nevada Mine 'Holds Tremendous Opportunity for the Discovery of a New Carlin-type Deposit

July 22, 2020 / www.theaureport.com

One of Fremont Gold's first three holes drilled at the Griffon project "intersected a significant interval of near-surface oxide gold mineralization." Drill site locations at GriffonIn a news release, Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) announced the results of three holes drilled at the past-producing Griffon project in Nevada, one of which intersected a "significant interval of...Read More

Mining Firm Expands Quebec Land Package by 27%

July 22, 2020 / www.theaureport.com

Troilus Gold accomplishes this by staking and acquiring 422 new claims. In a news release, Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it further consolidated its Troilus land package in Quebec's Fr?tet-Evans Greenstone belt by adding 422 new claims over 23,005 hectares. Of the additional claims, the Toronto-based mining firm staked 310 claims covering an area of approximately 16,905...Read More

Explorer Continues Field Work Ahead of Late Summer Drilling Start

July 22, 2020 / www.theaureport.com

Black Tusk Resources intends to use the soil testing and survey results to define future drill targets at this Quebec project. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release that it received the results of 203 soil samples taken in May from its McKenzie East project north of Val d'Or, Quebec."A number of interesting areas of interest were developed from t...Read More

First Drill Hole at Explorer's Nevada Project 'Nothing Short of Remarkable'

July 22, 2020 / www.theaureport.com

Blackrock Gold is mobilizing a core drill rig to follow up on the results. Blackrock Gold Corp. (BRC:TSX.V; BKRRF:OTCMKTS) announced in a news release the results of its maiden hole drilled in the Victor target at its Tonopah West project in Nevada. "Our first drill hole, having encountered multiple significant high-grade veins, is nothing short of remarkable," President and CEO Andrew Pollard sa...Read More

Gold and Oil: Be Aware of the "Spike" / Commodities / Gold & Silver 2020

July 22, 2020 / www.marketoracle.co.uk

"Hope and fear look different on a chart"Recently in these pages, we noted that bull markets in stocks tend to end with "a subtly slowing ascent" rather than with a final "spike" higher, as many investors believe. Historical examples were provided.It was also pointed out that, by contrast, commodities do tend to end major uptrends with a price spike.The Wall Street classic book, Elliott Wave Princ...Read More

Egypt's El Marakby Steel to increase rebar, wire rod capacity

July 23, 2020 / www.metalbulletin.com

Egyptian long steel producer El Marakby Steel will add a total of 400,000 tonnes per year to its steel rebar and wire rod production capacity, company chairman of board Hassan ElMarakby said on July 17.El Marakby Steel signed a certificate of acceptance with SMS Group for the wire rod and rebar mill, which will have the capability to produce 10-32 mm thickness rebar and 5.5-12mm...Read More

The Silver Bull Gateway Is at Hand

July 22, 2020 / news.goldseek.com

https://silverseek.com/article/silver-bull-gateway-handRead More

Gold Stocks: A Staircase To Heaven?

July 22, 2020 / news.goldseek.com

1. Gold looks superb, silver looks better, and the miners look best of all. 2. These are the main facts for investors to keep in mind at this point in "gold bull era" time.3. Please click here now. Double-click to enlarge this "breakout over $1800" gold chart.4. Next, please click here now. Double-click to enlarge yet another breakout chart (silver). S...Read More

AT A GLANCE: Posco posts Q2 operating loss of $165 million due to Covid-19

July 23, 2020 / www.metalbulletin.com

A summary of the steel segment of South Korean mill Posco's earnings report for the second-quarter ended June 30, released on Tuesday July 21.In briefOperating loss of 197 billion Won ($165 million) recorded for April-June, compared with an operating profit of 805 billion Won in the same period of last year.Overseas steel businesses incurred an operating loss of 93 billion Won, compared with an op...Read More

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