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CNN Targets YouTube

July 06, 2018 / marketsanity.com

The fake news media continues to target YouTube for allowing independent journalists and bloggers to actually speak the truth. Read More

Ray Dalio: Today is the first day of the war with China

July 06, 2018 / marketsanity.com

Continue...Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institutional Investor's Alpha ranked him No. 2 on their 2...Read More

India's June gold imports drop by a quarter as rupee hits record low

July 06, 2018 / www.mining.com

MUMBAI, July 6 (Reuters) - India's gold imports fell for a sixth month in June to 44 tonnes as a drop in the rupee to record lows lifted local prices to a near 21-month high, curtailing demand, provisional data from GFMS analysts at Thomson Reuters and bank dealers showed.The 25 percent year-on-year drop in purchases by the world's No.2 consumer could weigh on global prices, which fell to their lo...Read More

Jim Rogers calls on Kim Jong-un to follow Chinese model

June 27, 2018 / marketsanity.com

Continue...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 considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More

Oil slips below $77, weighed down by Saudi output boost, trade tensions

July 06, 2018 / www.kitco.com

LONDON (Reuters) - Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and China, despite support from oil supply disruptions.Top exporter Saudi Arabia told OPEC it raised oil output by almost 500,000 barrels per day last month, OPEC sources said, a sign Riyadh wants to make up for shortages elsewhere and dampen prices....Read More

Condor Gold a step closer to begin building Nicaragua mine

July 06, 2018 / www.mining.com

Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More

Ron Paul - America Has Lost Its Way!

July 06, 2018 / marketsanity.com

Topics:1:10 Is democracy dying a slow death in the United States?05:10 The day after the dollar's global demise14:50 Why is the world shunning precious metals?21:10 Trump, baby boomers and millennials taking the economic helmDr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsell...Read More

Barrick's Acacia Mining keeps suffering from Tanzania row

July 06, 2018 / www.mining.com

Acacia Mining (LON:ACA), Tanzania's No.1 gold producer, said Friday production fell sharply again in the second quarter of the year as a long-dragged row with the East African nation's government over taxes continues to hit the miner's bottom line.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), said gold production for the three months to June dropped 36% to 133,778 ounces as operat...Read More

Ford slides deeper into China rut after worst ever first-half vehicle sales

July 06, 2018 / www.kitco.com

BEIJING (Reuters) - Ford Motor’s (F.N) China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst ever first-half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals.The U.S. automaker announced on Friday it sold 62,057 vehicles in China in June, taking its sales for the first half of the year to 400,443, do...Read More

As the Yield Curve Flattens, Threatens to Invert, the Fed Discards it as Recession Indicator

July 05, 2018 / marketsanity.com

This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it's replacing the yield curve.Continue...Read More

Stock futures dip as U.S.-China tariff war begins; jobs data awaited

July 06, 2018 / www.kitco.com

(Reuters) - U.S. stock index futures dipped on Friday after the United States and China slapped tariffs on each other’s exports worth $34 billion, triggering what Beijing called the “largest-scale trade war.”The U.S. tariffs took effect at 0401 GMT on Friday and shortly after that China’s commerce ministry said it was forced to retaliate.While U.S. goods to China including...Read More

Russia Joins Global Trade War - Imposes Tariffs On US Energy, Mining Imports

July 06, 2018 / marketsanity.com

Whether this is a coordinated response is unclear - and certainly on a much smaller scale - but Bloomberg reports that Russian Prime Minister Continue...Read More

Comey was Protecting Obama as Well

July 06, 2018 / marketsanity.com

Hillary used a private email because that would not be "discoverable" without a subpoena of her personally. Her fundraising for the Clinton Foundation Continue...Read More

CANADA STOCKS-TSX futures down as oil slips due to Saudi boost, trade war

July 06, 2018 / www.kitco.com

July 6 (Reuters) - Futures pointed to a lower opening for Canada's main stock index on Friday as oil prices dipped due to higher output from top exporter Saudi Arabia and under pressure from a trade war between the United States and China.Oil slipped towards $77 a barrel after Saudi Arabia told OPEC it raised production by almost 500,000 barrels per day last month.September futures on the S&P/...Read More

Germany expects ECB to gradually normalize euro zone rates: Scholz

July 06, 2018 / www.kitco.com

BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Friday he expects the European Central Bank to eventually start gradually raising interest rates in the euro zone.“We expect and hope for a gradual normalization of interest rates,” Scholz said. “We cannot assume that interest rates paid by the state will remain as low as they are now.”In a rare jab at U.S. Pres...Read More

CHROME SNAPSHOT: Chinese domestic ferro-chrome market falls as production increases

July 06, 2018 / www.metalbulletin.com

Key data from the pricing session in the week ending Friday July 6. China  Most of the ferro-chrome smelters in Inner Mongolia that were idled have restarted, which weighed on Chinese ferro-chrome prices.  Increased domestic supply subdued demand for imported charge...Read More

Explorer Discovers Zone of Mineralization at Peru Property

July 06, 2018 / www.theaureport.com

Chip samples revealed gold at grades up to 39.2 grams per ton. Through mapping and surface sampling, Palamina Corp. Palamina Corp. (PA:TSX.V; PLMNF:OTC.MKTS) found a large-scale zone of anomalous gold mineralization in the Veta area, one of the highest priority targets, of its Coasa gold project in southeastern Peru's Puno orogenic belt. This newly identified zone is 300 by 400 meters wide, open...Read More

Curbs on Chinese investment could hit Detroit and Silicon Valley

July 06, 2018 / www.kitco.com

DETROIT (Reuters) - U.S. President Donald Trump’s threat to block Chinese investment in U.S. companies could be trouble for a number of American automotive and technology companies using Chinese funds to develop electric and self-driving cars and related services, from Tesla Inc (TSLA.O) to dozens of Silicon Valley startups.Chinese companies in the past five years have funded at least 80 U.S...Read More

Germany links careful budget to trade worries

July 06, 2018 / www.kitco.com

BERLIN (Reuters) - German Finance Minister Olaf Scholz on Friday defended his balanced budget plan for this year, saying that fiscal policy should be planned while bearing in mind that restrictive trade policies could hit tax revenues.“If we look at the trade development, it is justifiable to be careful in budget planning,” Scholz said during a news conference.Scholz also said that an...Read More

German industry output bounces back in May

July 06, 2018 / www.kitco.com

BERLIN (Reuters) - German industrial output bounced back in May, data showed on Friday, suggesting that factories in Europe’s largest economy are gathering steam again after a weak start of the year.Data from the Statistics Office showed output increased by 2.6 percent, the highest rise since November. The reading beat a Reuters forecast for a rise of 0.3 percent and was only the second rise...Read More

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