The commodities complex will likely see another bull run in the next three to five years, this according to Rick Rule, president of Sprott U.S."My suspicion is that the next five years will be very good for natural resources investors, with precious metals enjoying a two or three-year bull market and somewhere towards the end of that bull market, the rest of the commodities complex catching fire,"...Read More
Time Stamp References:0:30 - His journey into investing.5:30 - This rally isn't sustainable.8:40 - America is addicted to debt.10:30 - Bear markets take 18 to 24 months.12:15 - 3 Trillion in additional debt.16:00 - The value of a dollar today.20:00 - Why value doesn't die.23:30 - His alternate FANG.29:00 - Gold is wildly undervalued.30:00 - Countries will inflate their currency.36:30 - Avoiding yo...Read More
Join Charles Schwab Chief Investment Strategist Liz Ann Sonders and Hedgeye CEO Keith McCullough for a special, in-depth investing discussion about the current market and economic environment.Mr. Keith R. McCullough is the Founder and CEO of Hedgeye Risk Management LLC. He covers the strategy sector at the firm. Prior to founding the firm, Mr. McCullough was a Partner, Portfolio Manager, and Manag...Read More
"And I truly think, if we do this right, we have an incredible opportunity to not just dig out of this crisis, but to fundamentally transform the country."Continue...Read More
"It is our ambition and goal that Facebook not decide elections, not be a force for one point of view over another, but the same rules will apply to people of left, right and centerContinue...Read More
?EUR
We discuss bitcoin, it's value, the impact of halving and more with Mark Yusko of Morgan Creek Capital Management.1:13 What made you move to crypto?6:27 You have compared Bitcoin to gold, and a safe haven asset. Has acted as such during this pandemic?9:44 Bitcoin seems to be climbing what caused the recent pump?14:06 And the halving is of course quickly approaching. How will the price be affected?...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss earnings season and what the numbers could mean for the economy.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El...Read More
President Nicol??s Maduro said Monday that his government had stopped a "terrorist" assault on the country, killing eight and capturing more than a Continue...Read More
There is a lot of conflicting information about Sweden. Some claim that "open" Sweden has no higher infection and death rates than its neighbors, a claim contradicted by this report: Continue...Read More
On a per capita basis, Sweden's Covid-19 deaths are 3 to 5.5 times the other Nordic countries.Continue...Read More
At one time it was the pride of American law enforcement, a symbol of integrity, honesty and incredible courage under fire. But now when we think of the FBI in "action," we think of Continue...Read More
Gold Stocks could be at a tricky juncture. They have already made significant gains, yet history, coupled with the current bullish conditions, suggests more gains coming and Continue...Read More
The restarting of some gold refiners will help to bring the 'spot' price of gold toContinue...Read More
"I think in general they're the right thing, but I don't think they're without consequences, and I think they could be of extreme consequences if pushed far enough. But there would be kind of extreme consequences if we didn't do it as well."Continue...Read More
High-carbon ferro-chrome traded in a wider range last week as market participants weighed the impact of a near-term pick-up in demand against the longer-term impact of Covid-19 on the alloys markets. The price spread for high-carbon ferro-chrome in Europe widened by a couple of cents per lb to $0.17 per lb in the week ended Friday May 1. Fastmarkets' price assessment for ferro-chrome high carbon 6...Read More
Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More
A summary of stainless steel producer Outokumpu's results for the first quarter of 2020. In brief Sales and deliveries decreased year on year because of the coronavirus pandemic and its effect on the market. Earnings before interest, taxes, depreciation and amortization (Ebitda) for the quarter increased on an annual comparison because...Read More
Prices for hollow steel sections in Europe were unchanged this week because trading remained flat despite mill restarts and the easing of some Covid-19-related lockdown restrictions, sources told Fastmarkets on Wednesday May 6.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?580-595 ($630-647) per tonne on Wednesday, unchanged week on we...Read More
The Dow slipped almost 200 points in late-day tradingAfter a tepid day of trading, the Dow wound up closing over 200 points below breakeven, as investors weighed the good -- a potential reopening of the U.S. economy -- with the bad -- dismal private-sector payrolls data and a lackluster post-earnings reaction from Disney (DIS). The S&P 500 joined the Dow in the red, while Nasdaq wound up with a mo...Read More