You can't have it both ways, but that doesn't mean you can't try. That's what Joe Biden is doing right now.Continue...Read More
The Fed is taking Treasurys out of the market through QE purchases and putting them right back in via the RRP. Not only does this impair the proper functioning of the repo market which is rapidlyContinue...Read More
"A number of participants suggested that if the economy continued to make rapid progress toward the committee's goals, it might be appropriate at some point in upcoming meetings to begin discussing a plan for Continue...Read More
She's on numerous emails we discovered through FOIA, showing how AFT colluded with CDC to politicize the "science" that kept schools closed and kids stuck at home.Continue...Read More
That Trump was controlled by Putin and served his agenda was the opposite of reality. First Obama, and now Biden, have accommodated Moscow far more.Continue...Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me to share his insights into the precious metals sector. With gold breaking the $1,850 level on Monday Jordan points out some other factors that have him in the bullish camp. We look at the performance of the gold stocks vs gold and where the next key resistance levels are. We also touch on silver as Jordan thinks this is the key market to watch t...Read More
"The bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors. Over the past month, bitcoin futures markets experienced their steepest and more sustained liquidation since the bitcoin ascent Continue...Read More
Dollar falls towards new lows.Inflation fears become more widespread.Wall Street beginning to realize there's no political solution to inflation.Bitcoin following risk stocks lower, as inflation hedges like gold and silver rise.Fearing 2% inflation, Bitcoin investors lose 34% on their hedge.Bitcoin staring at enormous head and shoulders top.Microstrategy stock down 63% from its high.Michael Saylor...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
The near-term outlook for ferro-silicon looks set to climb higher to a near record-high since Fastmarkets started assessing the price more than 24 years ago due to firm fundamentals, industry sources said.The European spot delivered price is gripped between tight supply and strong demand from steelmakers, while market focus is on expectations of renewed demand from consumers in early June for thei...Read More
"Sport 2050 was conceived and created with the ambition of making the abstract future impacts of climate change more real for people by looking at how it might impact on their everyday lives. Sport - one of the most universally relatable areas of life across the globe that raises passions like no other - presents an ideal opportunity to do this."Continue...Read More
Inflation in Argentina is approaching 50% annually. "The issue with beef prices clearly got out of control," Fernandez told a local radio station on Tuesday morning. International beef demand "created distortions with domestic prices that can't be tolerated anymore. We can't keep watching beef prices rise month by month without any justification."Continue...Read More
Peter Krauth of Silver Stock Investor explains why he thinks precious metals-backed cryptos could become serious contenders in the digital currency revolution. Despite its recent selloff, Bitcoin remains the king of crypto currencies.Its market recently exceeded $1 trillion. That's a long way from its humble beginnings shortly after the 2008-2009 financial crisis. Bitcoin will keep facing challen...Read More
Sales of passenger cars in the European Union rocketed by 218.57% year on year in April 2021, the European Automotive Manufacturers Association (ACEA) said on Wednesday May 19. New car sales in the region totaled 862,226 vehicles in April 2021, up from 270,651 units sold in the corresponding month of 2020. The massive rise is explained by a drop in car manufacturing a year earlier due to...Read More
Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were mixed in the past week amid a volatile market affected by fluctuating steel futures.Cold-rolled coilFastmarkets' weekly price assessment for steel cold-rolled coil, export, fob China main port was $970-1,000 per tonne on Tuesday May 18, narrowing by $30-45 per tonne from $925-1,030 per tonne a week earlier.Some Chinese...Read More
A strategy to cool down commodity price spikes was top of the agenda China's weekly State Cabinet meeting on Wednesday May 19. Chaired by China's second most powerful politician, Premier Li Keqiang, the cabinet meeting discussed control measures to rein in the "unreasonable price rally", including ensuring sufficient supplies of main commodities. The aim is to prevent the rising costs pa...Read More
Easy choices lead to a hard life (or atleast losses), and because gold’s downside move is delayed, it’s extremely easyto be bullish on gold right now.It’s easy to get carried away by theday-to-day price action, and it’s even easier to feel the emotions that othermarket participants are feeling while looking at the same short-term priceaction. Right now, it’s tem...Read More
First Quantum Minerals has entered into a binding agreement to sell a 30% equity interest in the Ravensthorpe nickel-cobalt operation in Western Australia to South Korean steelmaker Posco for $240 million in cash, the company said on May 19.The Vancouver, Canada-headquartered company will retain a 70% interest in Ravensthorpe and continue to be the operator.Posco and First Quantum have also agreed...Read More
In the first portion of this research article, I highlighted the correlation between Gold and the US Dollar as well as the correlation between the US Dollar and the EURUSD and JPYUSD. The purpose of this example was to highlight the different phases of US Dollar appreciation vs depreciation compared to the EURUSD/JPYUSD. The EURUSD and JPYUSD are often compared to the US Dollar as majo...Read More
Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.The relationship of Gold to the US Dollar is a fairly widely known correlation. When the US Dollar is weaker, Gold tends to rally. When...Read More