Insanity is doing the same thing over and over again, but expecting different results.Federal Reserve Chairman Jerome Powell announced on Thursday that the Fed will now shift its focus from hitting inflation targets and instead prioritize closing "unemployment shortfalls".This gives it cover to do "whatever it takes" until the unemployment rate is back down into the low single digits. Inflation ca...Read More
The bottom line is that if you are an American citizen or a permanent resident (green card holder) you don't have to answer any questions. Continue...Read More
All over the Western world ever since 9/11 there have been incremental steps towards what many liberty advocates would call a "police state"; a system in which governments Continue...Read More
I'll start off by answering some questions from the comments section of recent videos and then we'll open it up to live questions. Got a question about gold? Buying a house? The next recession? The Fed? My investment strategies? Or maybe my favorite band? (Guns N Roses) ;) If you've got a question, whatever it is...I'm going to give you answer!! In this LIVE Q&A I'm going to help YOU build wealth...Read More
The US Mint has had several shutdowns and limitations on silver products in the past few months, but it often remains as mystery as to why.Fortunately, Andy Schectman of precious metals dealer Miles Franklin joined me on the show to share what he's heard, and whether he subscribes to the story being offered.Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
The debate is over folks; the math is what it is and any government official who tries to do anything to constrain anyone in their business or personal life beyond the boundaries of a nursing or Continue...Read More
This week on System Update, host Glenn Greenwald examines the crumbling of the US social fabric. Glenn explores the rise in so-called Deaths of Despair, and examines the symptoms of deep unhappiness across in America - from suicide to drug overdoses - and how this long-term trend has acutely intensified with the Covid pandemic.Glenn Greenwald is one of three co-founding editors of The Intercept. H...Read More
Why, in the world's richest country, is every metric of mental health pathology rapidly worsening?Continue...Read More
"I am not sad that a f**king fascist died tonight," yells a female Antifa militant at a gathering in downtown Portland. The crowd laughs and cheers. The victim was a Trump supporter.Continue...Read More
Not content with driving out its wealthiest with yet another tax hike on millionaires, New Jersey just made life for all of its residents, including lower and middle classes, more expensiveContinue...Read More
This confusion explains his recent decision to sell bank stocks and buy shares in Barrick Gold, because gold is where you hide out when you see bad and/or incomprehensible things coming your way.Continue...Read More
Ohio's $16 billion Police & Fire Pension Fund is following in the steps of Warren Buffett and making a big statement about owning gold. Continue...Read More
July FOMC minutes hit the gold prices. But what’s next for the yellow metal?The key event last week was the publication of the minutes from the FOMC meeting in July. After their release, the U.S. dollar jumped, while the price of gold dropped, as the chart below shows. Why? Well, the Fed officials disappointed investors who expected some clues about upgrading the U.S. central bank’s fo...Read More
Elliott Wave International's analysts have posited that the next big global monetary event will be deflation, not inflation.The writer of an August 18 Telegraph article also sees "powerful deflationary winds." Here's an excerpt:Talk of resurgent global inflation is mostly noise. Powerful deflationary winds continue to blow through the world economy. ...The great inflation hypothesis now in fashion...Read More
Sanjeev Gupta, Executive Chairman of steel and aluminium investment company GFG Alliance, will head the roster at the London Metal Exchange's virtual seminar this year, the LME announced on August 28.The virtual seminar will start on Monday October 19, 2020 and replaces the annual LME week gathering of metal market participants in London, which has been canceled amid the Covid-19 pandemic.Gupta ha...Read More
The European Commission (EC) has started an expiry review of anti-dumping measures on imports of cold-rolled flat stainless steel from China and Taiwan.The request for an expiry review was lodged by the European steel association Eurofer on May 27 this year."The request is based on the grounds that the expiry of the measures would be likely to result in continuation or recurrence...Read More
The steel recycling division of Tata Steel has announced it is launching a mobile app for sourcing steel scrap in India, the company said on August 19.The app - named FerroHaat - claims to be a world first and aims to source steel scrap from traders in India. The app is a step toward organizing the currently disorganized Indian scrap supply chain,while also providing a reliable source of scrap met...Read More
Here are five Fastmarkets stories you might have missed on Friday August 28 that are worth another look.South American flat-rolled steel import prices ended the week on August 28 showing no clear trend because deals for October-shipment cargoes were very scarce, and customers were still waiting to hear offers for November shipments.The first...Read More
Here are five Fastmarkets stories you might have missed on Friday August 28 that are worth another look.South American flat-rolled steel import prices ended the week on August 28 showing no clear trend because deals for October-shipment cargoes were very scarce, and customers were still waiting to hear offers for November shipments.The first...Read More