Here are five Fastmarkets stories you might have missed on Friday July 9 that are worth another look.The introduction of a Russian export duty on steel products carries serious risks for the country's steel industry, Russia's steel association Russkaya Stal warned last week.Sandfire Resources' Motheo copper mine in...Read More
Here are five Fastmarkets stories you might have missed on Friday July 9 that are worth another look.The introduction of a Russian export duty on steel products carries serious risks for the country's steel industry, Russia's steel association Russkaya Stal warned last week.Sandfire Resources' Motheo copper mine in...Read More
"The powers that be have told us that we are going to have a "reset." Everybody wants to know what the reset is going to look like. The reset, in my opinion, is going to be the rug being pulled out from under everything. . . . The real estate sector, which is 25% of the economy, is going to collapse. You have equities at all-time highs . . . all-time high valuations, not points. This is a coordina...Read More
"They know who shot Ashli Babbitt. They're protecting that person."Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
This week trader Aaron Basile gives us updates on charts for US general stock market indexes (semiconductors are lagging) as they keep making new all time highs (ATHs) but there are still red flags. Aaron talks about how gold's chart is weak despite gold's rally this week. Aaron also talks about oil, natural gas and copper including an interesting oil/natural gas company, Devon Energy (NYSE: DVN)...Read More
Oil prices break their winning streak.As stimulus runs out, Americans reach record high in consumer credit.ECB vows to increase cost of living for Europeans.Michael Saylor's Bitcoin spin should fool no one.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 P...Read More
David Rosenberg offers a counter-argument to the inflation narrative - demographics, death, and disruptive tech equals deflation. David believes that the inflation narrative is noise, and that 'runaway inflation' is backed only by headlines and not data. He also argues that housing is massively overvalued and that the real estate bubble will burst when interest rates rise.David Rosenberg is the ch...Read More
"We need to make vaccination the easy choice. It needs to be hard for people to remain unvaccinated."Read More
"Imagine a currency that almost has a mind of its own... It knows your account data, knows your birthday, your social security number, where you live" and exactly what you like to buy. And all of this knowledge would be sitting in the hands of the Chinese Communist Party. In this episode, Kyle Bass, founder of Hayman Capital Management, breaks down the threat of China's new digital currency and ho...Read More
CNN ran a broadcast Thursday with its own medical analyst Dr. Jonathan Reiner declaring that it is "time to start mandating" coronavirus vaccines for all Americans to counter people opting not to take the shots.Continue...Read More
All debt-fueled speculative bubbles pop, even as cheerleaders claim otherwise. The expansion of Housing Bubble #2 is clearly visible in these two Continue...Read More
People who have contracted COVID-19 and recovered should know that the risk for re-infection is very low, a doctor said after a study he worked on was published.Continue...Read More
Jordan Roy-Byrne, Founder of The Daily Gold wraps up this weekend's show with a focus on the gold chart. We discuss the short and long term trends and key levels to watch in the near term for gold. We also look at the relationship between gold stocks and the US markets.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and...Read More
Peter Krauth of Silver Stock Investor delves into the silver market and discusses why it "looks primed to rally strongly on the back of multiple drivers."Continue...Read More
The latest FOMC minutes were… mixed. The discussion between hawks and doves continues giving gold no comfort. Who will gain the upper hand?Yesterday, the FOMC published the minutes from its last meeting in June. Investors who counted on some clear clues are probably disappointed, as the minutes can please both hawks and doves. Indeed, the report showed that the Fed officials are divided on...Read More
With the FED increasingly hawkish andthe USDX rising from the ashes, don’t be fooled by the recent upswing in gold.The bears are getting ready.With the reflation trade getting cut offat the knees, the only asset class not feeling the pain is U.S. equities.However, while shorts capitulate and send the U.S. 10-Year Treasury higher (andthe yield lower), the flattening of the U.S. yield curve sc...Read More
Peter Krauth of Silver Stock Investor delves into the silver market and discusses why it "looks primed to rally strongly on the back of multiple drivers."Transitory. That's something we've been hearing a lot lately.At its latest FOMC meeting the Fed naturally decided to keep the fed funds rate target at 0.25%. It also decided not to mess with the $120 billion monthly bond buying program...Read More
S&P 500 closed Friday on a strong note, and as theholiday-shortened week is usually accompanied by positive seasonality, it wouldbe reasonable to expect extension of gains. Is therre any show stopper at themoment? Credit markets are strong and in a risk-on mode – but what about theodd strength in long-dated Treasuries? Are the stock traders getting it right –or the bond ones? Remem...Read More