In this video, Rick breaks down why he believes inflation is creating a crisis of confidence, and how he believes the federal reserve will respond as inflation continues to rise. I ask Rick to give us opinion on the changing of messaging from the federal reserve on inflation, and how he sees the entire financial system playing itself out. Rick Rule, founder and chairman of Sprott Global Resource I...Read More
Here are five Fastmarkets stories you might have missed on Monday July 26 that are worth another look.China's drive to achieve peak carbon by 2030 and carbon neutrality by 2060 will likely mean a higher steel industry concentration ratio in time, sources told Fastmarkets.Norway-based aluminium and renewable...Read More
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that o...Read More
Jay is joined by Rebel Capitalist Founder, George Gammon, to discuss the inevitable collapse of the US Dollar. The conditions for this collapse were set as soon as the Bretton Woods system was implemented and we're getting dangerously close to the Endgame - experiments with digital currencies, a dollar crash, and a massive deleveraging of western economies.George Edward Gammon is an American real...Read More
Dennis Gartman joins The Income Generation to discuss Financial Lessons Learned From Covid-19!Dennis Gartman has been publishing his daily commentary, The Gartman Letter, since 1987. Over the years, he has also conducted numerous presentations and courses on issues relating to the capital markets and derivatives for various brokerage firms, central banks, and U.S. government entities. In recent ye...Read More
Shares of Lynas Rare Earths Ltd. traded 10% higher after the company reported record revenue in Q4/21 due to continued strong global demand for NdPr products. Rare earth materials producer Lynas Rare Earths Ltd. (LYC:ASX; LYSCF:OTC) today announced financial results for its fourth quarter ended June 30, 2021.The company's CEO and Managing Director Amanda Lacaze commented, "I am very pleased to re...Read More
The recent felony conviction and eight month prison sentence of January 6th protester Paul Hodgkins is an affront to any notion of justice. It is a political charge and a political verdict by a political court. Every American regardless of political persuasion should be terrified of a court system so beholden to politics instead of justice.We've seen this movie before and it does not end well.Wors...Read More
This will be the future: a world of people too busy playing with their phones to even notice that someone else controls them.Continue...Read More
Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is about the U.S. surveillance state and his experiences reporting on the Snowden documents around the world. Prior to co-founding The Intercept, which Glenn parted ways with in 2020, Glenn's column was featured in the Guardian...Read More
New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. Inventory is spiking and lumber is tanking, wiping out all its 2021 gains. How big a deal is the end of the eviction moratorium? Extended emergency unemployment insurance is ending in September. Perhaps it will s...Read More
In today's economic climate, you can't avoid hearing about the ups and downs, and the buzz surrounding Bitcoin and other cryptocurrencies. From tweets from Elon Musk to meme coins, there's so much hype about the future of cryptocurrencies, it's no wonder everyone is in a tizzy over its rising and falling prices. Are you confused by what you're reading and hearing? Don't worry, so are most people -...Read More
This is not something anyone would have dared to think that a representative form of government would have even talked about.Continue...Read More
"I am a congenital optimist when it comes to China. But I find these actions really quite disturbing." Continue...Read More
New York City Mayor Bill de Blasio is requiring all city employees to be vaccinated against Covid-19 or face weekly tests, adding to a Continue...Read More
Senate Democrats are pushing for a pathway to citizenship for as many as 8 million illegal this year, according to a Senate Democratic aide familiar with the plan.Continue...Read More
"I'm fortunate to be fully vaccinated and I'm asymptomatic," Reich said. "I'm feeling well and I'm looking forward to returning as soon as I'm medically cleared."Continue...Read More
Should nations let their enemies purchase land within their own borders? You'd likely give a resounding 'no' to this question, correct? Continue...Read More
The Fed on Tuesday will begin a two-day policy meeting of its Federal Open Continue...Read More
Iron ore prices edged up on Monday July 26 due to higher steel prices, while news of production cuts in China affected the market, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $202.74 per tonne, up by $1.41 per tonne62% Fe low-alumina fines, cfr Qingdao: $203.93 per tonne, up by $1.07 per tonne58% Fe fines high-grade premium, cfr Qingdao: $167.65 per tonne, up b...Read More
Crude steel production cuts that are gradually being implemented in China have resulted in a switch in preference for iron ore brands among steelmakers in the country, sources told Fastmarkets.While the overall demand for iron ore has started to weaken, low-grade fines are generating more buying interest, sources said.A month ago, low-grade fines started to gain favor among mills amid weakening ma...Read More