By: Ira EpsteinGold weekly chart shows support at 18-DMA just below $1,700. The market is at an upside bias, right below record highs:Read More
Highly UncertainReallocation ShockDemand ShockA Most Troubling DilemmaHow You Can HelpPuerto Rico and Final ThoughtsPredictions are difficult, especially those about the future. That old proverb (often attributed to Yogi Berra) is right but you can't live without making certain presumptions. You presume your car will start, your refrigerator will stay cold, the lights will turn on when you flip...Read More
Richard Duncan is an author & economist who has worked as an equities analyst in Hong Kong, served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Link to slides and sources: https://www.itmtrading.com/blog/digit...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need t...Read More
Patrick Bet-David is an American entrepreneur and financial advisor. He runs the popular YouTube channel Valuetainment.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With We...Read More
It was touted as the trading platform set to level the playing field between the Wall Street one-percenters and the rest of the world. All thanks to its ease of access and nonexistent fees.Robinhood has quickly become the go-to trading platform for a generation of new investors, speculators and get rich quick fans.With over 30 Billion in (AUM) Assets Under Management, how do they make money?Marin...Read More
The Federal Reserve has a history of inflating financial bubbles, and the central bank is currently in the process of inflating its biggest bubbles yet. Is it an accident? Is it all just misguided economic policy? Dave Kranzler of Investment Research Dynamics joined me on the show for his weekly silver and gold market update, where he explained what's happening with the Fed and the economy, and ho...Read More
Indeed, Western culture, being offensive, is itself being cancelled. How can our cancellation be reconciled with the neoconservative claim that Americans are an exceptionalContinue...Read More
I'd like to address some aspects of the Greater Depression in this essay. I'm here to tell you that the inevitable became reality in 2008. We've had an interlude over the last few years Continue...Read More
The recent decline in European ferro-silicon spot prices, which had been weakening in line with demand due to a slump in steel production over the course of several weeks, has paused; but the stabilization might be brief due to the approaching seasonal slowdown in July and August and an increase in lower-priced export offers into the EU.Thus, the bias in the market on prices is pointing down for t...Read More
The dramatic consequences of the Covid-19-related lockdowns across Europe, and the corresponding shutdowns of industrial activities, have resulted in an enormous disruption to the supply chains across all sectors of the steel industry.While the largest of these sectors, the construction industry, has by no means escaped the effects of the pandemic, sources believed that it could see a return of de...Read More
Liberty Steel Group UK, part of the GFG Alliance, hopes to double production at its Rotherham site to more than 1 million tonnes per year after altering its product mix to produce rebar while reducing its carbon emissions, the company said on Monday June 22.It has upgraded its Thrybergh Bar Mill in Rotherdam to produce rebar from September onward. This follows a series of successful trials of its...Read More
In recent issues of Seasonal Insights, my colleague TeaMuratovic and I shared our analysis of global stock markets with you. Today I want to put a popular precious metal under the magnifying glassfor you: silver.Silver, often referred to as the "little brother" of gold,has a particularly interesting seasonal pattern I would like to show to you. Silver's seasonality under the magnifying g...Read More
Although the rally on Wall Street flouts common sense and arguably even sanity, born-again bulls continue to rampage. What will put an end to their foolishness? Surely not more grim economic data, nor an increase in what is already the highest unemployment rate since the Great Depression, nor a wave of business failures that could eventually asphyxiate the consumer economy. None of these problem...Read More
By: Ira EpsteinGold weekly chart shows support at 18-DMA just below $1,700. The market is at an upside bias, right below record highs:Read More
Here are five Fastmarkets stories you might have missed on Friday June 19 that are worth another look.Pig iron production at Tata Steel IJmuiden in the Netherlands was stopped on June 19, while the plant's workers went on a 24-hour strike, sources told Fastmarkets.The London Metal Exchange has fined warehouse operator Istim ?30,000 ($37,120) for breaching clauses of its warehouse agreement, the e...Read More
Here are five Fastmarkets stories you might have missed on Monday June 22 that are worth another look.The dramatic consequences of the Covid-19-related lockdowns across Europe, and the corresponding shutdowns of industrial activities, have resulted in an enormous disruption to the supply chains across all sectors of the steel industry.Chilean state-run copper producer Codelco has decided to halt a...Read More
The recent decline in European ferro-silicon spot prices, which had been weakening in line with demand due to a slump in steel production over the course of several weeks, has paused; but the stabilization might be brief due to the approaching seasonal slowdown in July and August and an increase in lower-priced export offers into the EU.Thus, the bias in the market on prices is pointing down for t...Read More
Domestic prices for hot-rolled coil fell further in Northern Europe in the week to Friday June 19 due to low market demand.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?390.00 ($435.86) per tonne on Friday, down by ?,?6.25 per tonne week on week and down by ?,?19.84 per tonne month on month.The region's integrated mills have been offering HRC at ?,?400-410 p...Read More