Prices rose in the Commonwealth of Independent States' export billet market in the week to Wednesday July 7 on limited offers from major suppliers and high deals in the week, sources told Fastmarkets.Market participants reported offers from Ukrainian mills at $650 per tonne fob Black Sea, up from $630-640 per tonne one week previously.Russian mills, particularly large mills, held back on exporting...Read More
Trading activity in the Iranian export steel billet market was quiet in the week to Wednesday July 7 because most mills have not finalized their tenders yet.Several market participants confirmed that Sirjan Jahan Steel was selling 20,000 tonnes of billet at $609 per tonne fob southern Iranian ports late last week, $1 per tonne lower than was reported earlier.Other mills kept their tenders open, in...Read More
Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She 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...Read More
Probably going to piss a few people off but I'd rather tell the truth than tell you that you are going to be a millionaire overnight like other YouTubers out there.I have been getting a lot of inquiries about offering premium content and as a result I am looking to start up some type of service in the near future whether it be a site with a paywall, interactive and educational courses, or personal...Read More
Note: There are some video quality issues at the beginning of the video.As we head into the hot, hot month of July, host Craig Hemke sits down with Chris Vermeulen of the Technical Traders to break down all the gold and silver charts you need to see the larger trends at work.Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internatio...Read More
The reverse repo market is exploding - reverse repos are used for short term borrowing and lending, often overnight. Central banks use reverse repos to add money to the money supply via open market operations. George Gammon, founder of the Rebel Capitalist explains to our Daniela Cambone that the Fed's reverse repo facility is exploding higher again, which is signaling a coming economic crash. Rec...Read More
0:00 - Intro0:33 - Basel III4:12 - Gold Fix & Educating7:39 - T.A. "Science"10:07 - Important Lessons17:51 - Gold Markets20:53 - Bitcoin Diversification23:40 - Gold Vs. Bitcoin28:54 - Wrap UpTalking Points From This Episode- Thoughts on Basel III- His daily educational report "The Gold Fix."- Changes occurring in the gold markets.- Is Bitcoin becoming a strategic asset?Tom welcomes Vincent Lanci b...Read More
The tip of the spear for the communist takeover of America is China. Maginnis says, "We, by their own definition, are at war with China. Even the Washington Post, interestingly, just a day ago, editorialized about how serious the threat comes from President Xi. He stood there in Tiananmen Square a couple of days ago and declared to the world we are ready for you. We are the world dominate power. I...Read More
We're seeing massive metals deliveries off COMEX, SLV, and GLD. President of Miles Franklin Andy Schectman says central banks are also accumulating physical gold and silver and pivoting away from the USD. All this and more in this weekly precious metals update.0:00 Intro1:27 Inflation ahead5:58 Gold and silver deliveries10:42 Instability of the system18:25 Shift from USD19:41 Weekly specialsAndy S...Read More
Pages, websites that repeatedly publish or share false news will see "overall distribution reduced and be restricted' in other ways," says warning.Continue...Read More
"Ten unknown objects travelling with the space station above the planet Earth.""I just checked the ISS cameras and those little specks are still there.""What it looks like to me is there's a whole bunch of Black Knight probes."Continue...Read More
Washington DC is still closed, and the Pelosi Wall is still up. Despite everything they portray on TV, Pelosi is Continue...Read More
We are joined on Metal Money by Jordan Roy-Byrne of The Daily Gold who compares gold price consolidation in the 1970s, mid-2000s, and the current consolidation since August 2000. Jordan's analysis also show that the current cup and handle pattern in gold is as pure as it gets and stronger than normal patterns.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicia...Read More
Thomas Zimmerman - a Special Assistant to Joe Biden on National Security Agency personnel - formerly served as a visiting scholar at a Chinese Communist Party think-tank labeled as a "front group for Chinese Continue...Read More
"Cell phone use highlights a host of public health issues and it has received little attention in the scientific community, unfortunately," said Moskowitz. Continue...Read More
Desmond Lachman is a senior fellow at the American Enterprise Institute. He was formerly a deputy director in the International Monetary Fund's Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney.Continue...Read More
House Speaker Nancy Pelosi (D-CA) disclosed from her ivory tower late last week that her investor husband, Paul Pelosi, made several now-profitable trades in various securities.Continue...Read More
"I'm going to own more cash than anything else between now and the end of the year," financial advisor and market commentator Peter Grandich of Peter Grandich & Company told David Lin, anchor for Kitco News. Grandich discusses why we are currently in the "financial bubble to end all bubbles."0:00 - GOLD AS STORE OF VALUE?6:46 - HE MOTHER OF ALL BUBBLES8:29 - U.S. TURNING INTO JAPAN IN THE 1990S11:...Read More
The price of gold has swung to a premium in India, one of the countries that helps drive the most demand for the precious metal. Continue...Read More
One upon a time, when central bank "independence" first materialized - even though as we have noted in the past central banks are anything but independent (see "Who Owns The World's Central Banks")...Continue...Read More