The summit of the leaders of Russia and the United States, which took place in Geneva on June 16, is over. Putin and Biden discussed a wide range of issues of bilateral relations and the overall global agenda in general. Many details of the negotiations are unknown. Therefore, analysts and experts are still arguing about what the effect of the meeting will be and how the world will live now.Paul C...Read More
Democrats using racism to pass the legislation they've always wanted.This is a special Juneteenth Holiday Episode and was the second episode released on 6/19/21. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectu...Read More
How low can the market go from here? Nenner says, "20,000 or lower is my call." I asked Nenner, "You think the market could get cut in half?" Nenner replied, "Yes."Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices,...Read More
Less than a month after a gunman opened fire and killed nine co-workers at a Bay Area rail hub, city leaders have implemented Big Brother'-style omniveillance to monitor firearm purchases at gun stores. Continue...Read More
The National Security Agency (NSA) has agreed to release records on the FBI's improper spying on thousands of Americans, the secretive agency disclosed in a recent letter.Continue...Read More
The move to end paper money and move toward a national cryptocurrency took a major step recently when the House Financial Services Continue...Read More
Jim Bullard undoes Jerome Powell's damage control.Fed goes from not thinking about thinking about raising interest rates to now talking about talking about raising interest rates.Fed's monetary tightening is as believable as George Costanza's house in The Hamptons.Bitcoin looks for lower support.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency an...Read More
The Silver Institute has since 1990 published World Silver Survey, an annual report on the global silver market. The Survey provides market participants with supply and demand statistics for key sectors of the silver market, as well price and trade data.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, o...Read More
"We are taking the first necessary steps to expand VA's care to include gender-confirmation surgery, thus allowing transgender vets to go through the full Continue...Read More
Canada's plan for net-zero "greenhouse-gas emissions" by 2050 will come home to roost. Grandstanding has consequences, and in Bill Continue...Read More
Miami Mayor Francis Suarez announced this week that he is inviting foreign mining companies to establish data centers in the city.Continue...Read More
Politicians and bureaucrats are (self-interested) conduits for taking money from one group of people and giving it to another group of people. Milton Friedman Continue...Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
Recently, Gold and Silver have somewhat stalled after a fairly solid upside price trend in April and Continue...Read More
Recently, Gold and Silver have somewhat stalled after a fairly solid upside price trend in April and May 2021. Looking at the longer-term Weekly Silver chart, we believe Silver is ready to pounce with a big move higher.The second half of 2021 will welcome BASEL III (likely) and a renewed focus by the US Federal Reserve (and Global Central banks) working to contain inflationary aspects of the...Read More
Here are five Fastmarkets stories you might have missed on Friday June 18 that are worth another look.Prices for flat-rolled steel products imported into South America increased in the week ended June 18 amid reports of higher freight rates and more expensive deals.China has started cautioning...Read More
Precious metals markets got absolutely slammed onThursday. The selling rout followedstatements put out by the Federal Reserve suggesting that tapering and ratehikes could come sooner than previously expected.The U.S. Dollar Index spiked on the Fed’s latest talkingpoints, prompting short sellers in the commodity futures markets to pounce. Copper and most other commodities also got hamme...Read More
Gold declined yesterday, or I shouldsay, it rushed down at breakneck speed. And while it might have been a surprisefor some, it wasn’t for me.However, we should stay alert to anypossible changes, as no market moves in a straight line. Tread carefully.On a side note, while I didn’t check itmyself (well, it’s impossible to read every article out there), based on thecorrespondence I...Read More
Here are five Fastmarkets stories you might have missed on Friday June 18 that are worth another look.Prices for flat-rolled steel products imported into South America increased in the week ended June 18 amid reports of higher freight rates and more expensive deals.China has started cautioning...Read More
The gold market has seenmany momentum shifts in recent months. At the end of the day, however, themarket really depends on one simple factor: Are the big money inflows trendingin a bullish or bearish direction?Near market lows,speculative interest tends to be heavily on the short (bearish) side. That setsthe stage for buying pressure to be released when rallies force short sellersto cover their po...Read More