Russia is rethinking what counts as a haven asset as it duels with the U.S.Although investors usually seek safety in U.S. debt, Russia cut its holdings of Treasuries nearly in half in April as Washington slapped the harshest sanctions to date on a selection of Russian companies and individuals. In a shift Danske Bank A/S attributed to a deepening "geopolitical standoff," Russia is instead keeping...Read More
Video of the Weekby Greg Hunter with Gregory MannarinoTrader/analyst Gregory Mannarino says the debt crisis of 2008 is going to blow up again. The European debt crisis was never fixed; they just added more debt onto a debt issue. They maxed out their credit cards and borrowed more, and that is driving markets. They want people to believe it's political turmoil, but some of the largest economies in...Read More
According to ace investigator, Paul Sperry, the entire Horowitz Report, which appears to be a rather desperate cover-up for the worst of the seditious activity right at the top of the FBI - that report is coming apart at the seams.Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has a...Read More
Prices for rebar produced and delivered in southern Europe have narrowed downward by ?,?10 per tonne over the past week, sources told Metal Bulletin on Wednesday June 20.Metal Bulletin's weekly price assessment for domestic rebar in southern Europe was ?,?475-490 ($550-568) per tonne delivered on Wednesday, down from ?,?475-500 per tonne one week earlier. The assessment includes offers and de...Read More
"The industry is in crisis," said Chris Griffith, CEO of Anglo American Platinum Ltd., the world's largest producer.The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-...Read More
A wise Chinese leader who I will keep unnamed told me that it pays to negotiate by finding out what the other party wants mostContinue...Read More
BullionBuzz | Chart of the WeekSources: LBMA; Ycharts Data Stream; Optiontradingtips.com; BMG Group Inc.Read More
Canadian-gold junior Brixton Metals intends to create a standalone cobalt company from its Langis and Hudson projects. Brixton intends to maintain exposure to the cobalt assets through a retained equity interest in the spin-out company. The CEO of Brixton, Gary Thompson, hopes to unlock some of the company's value. "Given the recent activity in the Cobalt market with higher prices and strong dema...Read More
How will the coming financial reset impact your cash, savings, retirement accounts, stock, bonds, real estate, mortgage, student loans, gold, silver, and other assets? Will the collapse DESTROY WEALTH or TRANSFER IT from the unprepared to the those who have positioned themselves in advance? What facts do we have to go on from past financial resets, and what signals can we glean from current offici...Read More
MILAN (Reuters) - Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market.The sector’s stock prices have been hitting record highs, even as investors become more wary of European economic growth falling from its peak and as fears of a...Read More
Johannesburg, 19 June 2018: A new website - www.SilicosisSettlement.co.za - and a Facebook page - www.facebook.com/silicosissettlement - have been launched to assist former mineworkers and their dependents who may be entitled to compensation if they worked at one of the six gold-mining companies that have made provisions for a trust to pay mineworkers who contracted silicosis and/or TB at work...Read More
TOPICS IN THIS INTERVIEW:01:10 Building wealth from scratch05:10 Gold going forward in the resource sector10:45 Purchasing power shifting from West to East13:30 Trump and Putin - Is there any collusions?18:20 Uranium, a shunned opportunityMarin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and w...Read More
Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe are unchanged over the past week, sources said on Wednesday June 20.The Southern European domestic price for mesh-quality wire rod held at ?,?520-535 ($602-620) per tonne delivered on June 20 from a week earlier."Mills are looking to push prices up but this hasn't happened yet - the expectation is...Read More
LONDON (Reuters) - The dollar hit an 11-month high against a basket of its rivals on Wednesday as an escalating trade conflict kept investors from buying higher-yielding currencies and markets braced for growing volatility.Currency markets had breathed a sigh of relief after Beijing signaled its tolerance of a stronger currency by fixing a stronger daily midpoint than expected. Safe-haven currenci...Read More
A BMO Capital Markets report outlined the pending arrangement between the two entities. In a June 18 research note, Andrew Kaip, an analyst with BMO Capital Markets, reported that Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) acquired a silver stream from Falco Resources on its Horne 5 project in Quebec for CA$180 million (CA$180M). "The silver stream has an internal rate of return of 14% at spot...Read More
Drilling was completed on two holes at a site in British Columbia's Golden Triangle. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) recently reported the results of underground exploration drilling east from the Valley of the Kings. Two holes over 1,500 meters in depth intersected Brucejack-style mineralization. Proximity to porphyry-style mineralization at depth was suggested...Read More
Seaborne iron ore trading activity picked up on Wednesday June 20 with bids and trades for Brazilian fines at higher levels.Metal Bulletin 62% Fe Iron Ore Index: $65.49 per tonne cfr Qingdao, down $0.96 per tonneMetal Bulletin 58% Fe Premium Index: $53.61 per tonne cfr Qingdao, down $0.01 per tonneMetal Bulletin 65% Fe Iron Ore Index: $88.30 per tonne cfr Qingdao, up $1.50 per tonneMetal Bulletin...Read More
(Reuters) - Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.The new company would be based in Boston and operate independently, the companies said in a joint statement.Gawande practices general and endocrine surgery at Brigham and Women's Hospital, and is a professor at the Harvard T.H. Chan S...Read More
This week Bill King of the The King Report: http://thekingreport.com returns to the McAlvany Weekly Commentary to discuss how the "everything bubble" will pop. 10 years of an everything bubble - Is that over now? Fed Chair Powell not an academic & is worried about inflation. Fed has backed away from easy money, next the ECB, leaving only easy money Japan.Read More
Spain's prime minster agreed to take in passengers of the rescue ship Aquarius, who are mainly from sub-Saharan AfricaContinue...Read More