Turkish steel billet prices have been largely stable over the past week but could be pushed up by stronger scrap costs soon, sources said on Thursday August 27.Fastmarkets' weekly price assessment for steel billet, domestic, exw Turkey, was $420-425 per tonne ex-works on August 27, unchanged week on week."The mills had lowered their billet offers to as low as $417 per tonne ex-works earlier this w...Read More
Here are five Fastmarkets stories you might have missed on Thursday August 27 that are worth another look.Domestic prices for hot-rolled coil in Northern Europe moved further up day on day on Thursday August 27, sources told Fastmarkets.Aluminium producers have begun their...Read More
Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column 'Contrarian Chronicles' for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron's and more. Bill is a highly sought after speaker,...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim's...Read More
For Part 1 of this interview, CLICK HEREInvestors of all ages, and especially millennials, should seek markets that will give them an unfair advantage. Doug Casey, founder of Casey Research, and Rick Rule, president of Sprott U.S., said that great opportunities lie in the gold mining sector, as well as emerging and frontier markets, like Africa.Doug Casey is an American-born libertarian economist...Read More
There is no easy way to get through this massive financial crisis without extreme pain, and whether it's a 1930s style deflationary crash or a Weimar style hyperinflation, it all goes back to gold, silver, and what the government can't just create out of thin air...John Rubino joins Silver Doctors on Thursday, August 27, 2020, for a robust discussion on the civil unrest on Main Street, the Fed's n...Read More
Which cryptocurrencies does Mike own? What is 'DeFi'? We've been receiving many questions about blockchain lately, hopefully a great deal of them will be answered in this amazing discussion between Dan Larimer and Mike Maloney. Note: This is a longer video, but make sure you watch it until the end to learn about what Mike says is 'one of the most brilliant ideas I have ever heard'.Michael Maloney...Read More
?EUR
Time Stamp References:0:50 - Analogy to describe the market.3:15 - Stocks during hyperinflation.7:10 - Fed announcement August 27.12:10 - Historic portfolio weightings in PM's.17:25 - Industrial silver supply scenario.21:25 - Big moves in silver.25:40 - Fifty dollar support level and psychology.29:45 - Diversification in a portfolio.32:10 - Thoughts on Junk Silver.40:20 - Focus on which juniors.42...Read More
In this excerpt from "The Macro Show," Hedgeye CEO Keith McCullough responds to Fed Chair Jerome Powell's statement regarding inflation in the U.S. Economy and addresses key investing implications. If you've been listening to Hedgeye, none of this comes as a real surprise.Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC. He covers the strategy sector at the firm. Prior...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
Jordan Roy-Byrne has some comments for the longer term investor on the upcoming Powell speech at Jackson Hole. We also chat about the time frame for this current correction in precious metals.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing a...Read More
A delegation from the World Health Organization tasked with investigating the origins of COVID-19 failed to go to Wuhan, China - 'ground zero' for the pandemic, and instead "sat in Beijing Continue...Read More
By now it's painfully obvious that we humans tend to ruin our favorite places by overrunning them. And no place makes this point better than California. An absolute paradise 25 million people agoContinue...Read More
Follow the science? You're joking. Science is about trying to FALSIFY your premise, not confirm it. Most of those who have died of Covid19 should not have - and we knew how to prevent that in March.And no, not one bit of it involved masks or lockdowns.Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"I do not think that the president of the United States has comported himself in a way that anybody has any association with truth, evidence, data and facts."Continue...Read More
Initial U.S. jobless claims totaled just over 1 million for the week ending Aug. 22, down from 1.104 million in the previous week.Continue...Read More