Tucker Carlson dropped several bombshells on his show Tuesday night, chief among them was from a Revolver News report that the FBI was likely involved in organizing the Jan. 6 Capitol 'insurrection,' and were Continue...Read More

There are several very striking elements about this ruling, which will reverberate throughout the country even as the mask mandates officially expire. Defendants had argued that the mandate is now moot given the orders of the governor requiring all counties to end their mandates. However, the judge noted in a footnote, "Because of the nature of the various emergency orders that we have seen and th...Read More

Jim Bianco reacts to today's Fed announcement, discussing the inflation narrative moving forward and where to find the best hedge for it if it sticks around for a bit.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Stree...Read More

1. Fed day...Jay Powell and Company (FOMC) were dovish as expected, but yields jumped on the 10-year note, the dollar strengthened and gold sold off. The markets ended lower but well off the lows of the session. Not the reaction one would expect from a dovish Fed. The market is telling us a different message than the Fed. A lot of moving parts. Mr. Market seems to think so. Powell believes he's go...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

Speaking ahead of Wednesday's Federal Reserve meeting, Todd "Bubba" Horwitz, founder of BubbaTrading.com says the "three blind mice" are leading the central bank. "They are working with models that are 100 years old and no longer work in this current environment," he told our Daniela Cambone.Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor...Read More

"We will work to improve public awareness of federal resources to address concerning or threatening behavior before violence occurs." "This involves creating contexts in which those who are family members or friends or co-workers know that there are pathways and avenues to raise concerns and seek help for those who they have perceived to be radicalizing and potentially radicalizing towards violenc...Read More

During the January 2019 conversation with his cousin, Hunter, then age 49, said he wanted to date 24-year-olds because they were 'easy to impress.'Continue...Read More

"The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments."Continue...Read More

"I think we are going to see an increase in the conversation about the decoupling and more conversations about 'Are we going into another Cold War between these two economies?'"Continue...Read More

"Over time, these things driving up inflation will be temporary ... The experience with lumber prices is illustrative of this. Prices that have moved up really quickly because of the shortages and bottlenecks Continue...Read More

We could see volatility in metals markets in the coming weeks due to a short-term rise in the Dollar. Andy Schectman believes in the long-run, the Dollar's days are numbered, and China is positioning itself to be the next world power.0:00 Intro2:09 Privacy & reporting?EUR<10:22 Purchases & reporting10:53 Buybacks & reporting16:26 Volatility coming21:47 Weekly specialAndy Schectman is the President...Read More

Sector expert Michael Ballanger offers insights from bear markets of the past to illuminate the "business of money." How quickly we forget.In each of the last five bear markets since the 1970s, I have etched into my neural storage unit memories as strong and clear as if they happened yesterday. Each one of those nasty declines were accompanied with events that marked the tops and bottoms, consis...Read More

Prices for steel hollow sections in Europe remained flat on Wednesday June 16 with feedstock costs remaining stable, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?1,320-1,340 ($1,600-1,625) per tonne on June 16, unchanged week on week."Stocks are diminishing rapidly, and new rollings are hard to come by with hot-roll...Read More

European steel H-beam prices rose again on Wednesday June 16, with some mills closing their order books for July bookings, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?1,000-1,030 ($1,212-1,249) per tonne on June 16, up from ?,?970-1,000 per tonne one week earlier.Various European mills have stepped out of the market...Read More

With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more?Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI rose 0.6% in May, after increasing 0.8% in April. Meanwhile, the core CPI, which excludes food and...Read More

The halfway point of the year is quicklyapproaching. Dwindling confidence and concern over the direction of the countryalong with rising inflation expectations continue to drive strong demand for physical gold and silver. Thattrend appears set to continue through the second half of 2021.Here are a few big stories with thepotential to drive bullion buying in the months ahead. Federal Reserve May Be...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

Chinese automotive production and sales figures both fell on a monthly and annual basis, although figures for new energy vehicles still increased, according to the data from the China Association of Automobile Manufacturers (CAAM).Carmakers produced 2.04 million units in May, down by 8.70% month on month and 6.80% year on year, while sales came to 2.13 million units, down by 5.50% from April 2021,...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