Five LessonsChanges ComingAround the World from My HomeWe live in truly historic times. "There are decades when nothing happens, and weeks when decades happen," says a quote usually attributed to Vladimir Lenin. It certainly fits now.For thousands of years, people who lived through what we call "history" didn't realize it. We are the exceptions. We're seeing history and we know it. The Vietnam W...Read More

Is a biblical debt jubilee coming to America? Sinclair says, "We already have jubilees. If you don't pay your rent, you have a jubilee. If you don't pay your student loan, you have a jubilee. If the payment of your auto insurance is postponed, you have a jubilee. We've got jubilee after jubilee after jubilee. Keep in mind, one man's jubilee is another man's disaster. It's almost as if the Bible is...Read More

"We started this hunger strike because someone needs to do something," one said. "The point is our mental health. The mental health is dropping down."Continue...Read More

It has been the actions of CNN, You Tube and others that are suppressing free speech in the very same identical manner as the Nazi movement did in the 1930s.Continue...Read More

The journalists who have supported Gates should really look at what they are doing. They may be putting their own families at risk if this erupts into massive civil unrest because they have aided Continue...Read More

The economy remains under lockdown, although some states are beginning to relax restrictions. As with so many other aspects of American life, there's been a red state/blue state divide.Continue...Read More

In an email this week, billionaire hedge fund manager Leon Cooperman detailed at least 11 reasons why he is concerned about the long-term implications of the coronavirus outbreak.Continue...Read More

"It has to be expected that the R rate will go over 1 and we will return to exponential growth." "The loosening measures were far too poorly prepared."Continue...Read More

"The PPP isn't about the federal government assisting houses of worship or churches.""PPP is about keeping people on payrolls and a large segment of our society is the not for profit world. Continue...Read More

A pharmaceutical company CEO says that while the United States may have the capability to deliver coronavirus treatments - if and when available - that the US has limited capacity to manufacture said treatments.Continue...Read More

Tom welcomes back a past guest Jim Paterson who is Chairman and CEO of ValOre Metals Corp. He says, "It's time for people to get serious about the gold space and focus on projects that are advancing as those companies will get rewarded." The general investment community has yet to take a new interest in mining and gold. When attention returns, you will see movement first in the big names in mining...Read More

Here are five Fastmarkets stories you might have missed on Friday May 8 that are worth another look.The United States' anti-dumping duties on imports of oil country tubular goods (OCTG) from Ukraine will remain in place, the Commerce Department said in the final result of its first five-year sunset review of the product.Rio Tinto is partnering on a project to develop a zero-emission bus made of al...Read More

The battle between Elliott waves and supply/demand forecasting approach continues In case you just landed on Earth via Martian spaceship, 2020 has seen the biggest crash in oil prices ever.This chart captures crude's three-month, 80%-plus nosedive to 3-decade lows. (Price data as of May 1, 2020 and does not reflect the unprecedented April 20 plunge into negative territory at -$40.32. Yes, minus $...Read More

Ed Steer YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM09 May 2020 -- SaturdayThe gold price traded unevenly sideways to a bit lower until shortly before 1 p.m. China Standard Time on their Friday afternoon. It crept a bit higher from there until the high tick of the day was set at, or just before, the 10:30 a.m. BST morning gold fix in London. It was sold back to about the unchanged mar...Read More

By: Gary SavageThe most violent recoveries ever. The bad employment report sent markets rallying. Looking to fill the gap above before the daily cycle top..Gary SavageRead More

By: Ira EpsteinUnemployment data is not representative of the true situation. Gold's Bollinger upper band, on the monthly chart, is a resistance like a fence -- $1731 area. Weekly gold chart $26 from a record close. Is it a pennant?Read More

China produced 6.08 million tonnes of crude stainless steel in the first quarter of 2020, down by 9.04% from a year earlier, according to data released by the China Stainless Steel Council (CSSC) on Thursday May 7.Apparent consumption totaled 4.90 million tonnes in the first three months of this year, down by 806,100 tonnes or 14.12% from the same...Read More

$2,000, $5,000 or even the Jim Rickard’s $50,000 as the next target for gold. How realistic are these figures – could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today’s article and find out how high gold prices can go in this downturn. The first quarter of 2020 was clearly positive for the gold market, as the chart...Read More

Member mills of the China Iron & Steel Association (Cisa) raised their production rates in late April on steady demand and healthy profits, according to data released on Friday May 8.April 21-30 outputCrude steel: 2.01 million tonnes per day, up by 3.1%Finished steel: 2.04 million tpd, up...Read More

Gold-backed exchange-traded funds (ETFs) and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies without considering the true risk associated with many aspects of holding non-tangible assets. Gold ETFs are units representing physical gold in paper or dematerialized form, which is...Read More