At this year's St. Petersburg International Economic Forum RT's Peter Lavelle had the great privilege and pleasure to interview international financier and author Jim Rogers. Jim and Peter talk about the world economy as the COVID health crisis recedes.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is co...Read More
Billionaire hedge fund manager Paul Tudor Jones, a prominent Wall Street figure who called the stock market crash in 1987, told CNBC's "Squawk Box" Monday if the Fed treats higher prices with "nonchalance," it would be a "green light to bet heavily on every inflation trade."Paul Tudor Jones is an American billionaire hedge fund manager. In 1980, he founded his hedge fund, Tudor Investment Corporat...Read More
Investors will be paying extra close attention to this week's Federal Reserve meeting. In a new op-ed, Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, says the event has turned from a "snooze-fest" into a test of the Fed's control over the narrative that the current bout of inflation is only transitory.Mohamed El-Erian is the Chief Economic Ad...Read More
The vaccine should never have been released as it is an experimental vaccine.As with all vaccines, there are complications. There was never enough time given for the clinical trial which only lasted 4 to 6 months.Very disturbing complications are now coming out.Read More
A cashier was shot in the head and killed down inside a Georgia supermarket Monday for asking a man to put on a mask - and a retired deputy who intervened was also shot, authorities said.Continue...Read More
"In reviewing the medical literature and news reports, and in talking to pediatricians across the country, I am not aware of a single healthy child in the U.S. who has died of COVID-19 to date." Continue...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
I have warned that reliable sources have been telling me Continue...Read More
Something you probably haven't heard on CNN, MSNBC or any of the other state-run media agencies: electric cars require vast amounts of resources and mining.Continue...Read More
"We have a lot of cash and capability and we're going to be very patient, because I think you have a very good chance inflation will be more than transitory," said Dimon, the longtime JPMorgan CEO.Continue...Read More
The American people need to know Joe Biden's justice department is holding political prisoners in a jail in Washington DC. It was opened to hold Jan 6 defendants that was denied bail. This is a political prosecution against Trump supporters.Continue...Read More
"We're hostages...The whole time we're being intimidated." Spike in violence linked to illegal mining activities prompts Indigenous Continue...Read More
"There's the possibility that the Fed may indicate that they're going to start tapering, which should weigh Continue...Read More
The European ferro-silicon market moved up by almost 5% over the week to Friday June 11, with new deals reported by both traders and producers amid tight domestic supplies, limited replacement options from overseas and steady demand, according to trade sources.There has been reduced domestic production in Europe since Ferroglobeidled its production in late 2019, with only a small amount of output...Read More
Kenorland Minerals has been digging up some high-grade numbers at its JV Regnault gold project. Kenorland. It sounds like one of a half dozen or so quirky dramas airing on Paramount+ but if it were a TV show given its recent exploration success it would likely be primetime viewing on the Discovery Channel.In late May, Kenorland Minerals Ltd. (KLD:TSX.V) reported that the recent 8,600-meter drilli...Read More
With long steel prices in Europe reaching historically high levels, construction activity is slowing in some regions due to reduced supplies and delays, with some market sources fearing a decline in industrial activity long term.Surging pricesLong steel prices in the European Union started increasing in the third quarter of 2020 on a pick-up in consumption and a recovery from the impact of the Cov...Read More
Gold endured a 20% correction over eight months. A 15% rebound followed that in two months. It has retraced some, but not a majority of the losses.This action is all part of the handle of a super bullish cup and handle pattern.The handle itself is part of a much larger bullish consolidation, but the market is approaching resistance within the handle.Below we plot GDXJ, GDX, Gold, and Silver. As yo...Read More
Inflation is back, and that’s usually depicted as good for gold. But is the yellow metal still a hedge against inflation, or has something changed?Inflation has returned. This is partly understandable. After all, during the Covid recession , consumers and businesses accumulated a lot of cash as their spending was reduced, while revenues were sustained by money transfers from the government....Read More
The European Commission plans to start an anti-dumping investigation into hot-dipped galvanizing coil from Turkey and Russia, market sources told Fastmarkets on Friday June 11. Multiple market participants said that European steel association Eurofer has lodged a complaint and that the executive arm of the European Union is likely to announce the start of the case soon. Eurofer declined to comment...Read More
The European Commission (EC) will extend the existing safeguard measures on 26 steel products imported into the European Union by three years, market sources told Fastmarkets on Friday June 11.Quota volumes for all 26 steel products will increase by 3% year on year - lower than the 5% rise expected by market participants.The draft document of the adjusted measures was released to member states on...Read More