Attorney General William Barr says it's unlikely that we'll see any criminal investigations of Barack Obama and Joe Biden, so will they walk scot-free? Will Hillary Clinton and John Brennan escape justice too? And amid this slap in the face to the American people, the President's own attorney Alan Dershowitz is saying that there is no Constitutional right to refuse a vaccine if it's deemed "mandat...Read More
The Federal Reserve is going to create an inflationary environment that is like a tax that will hurt society on all levels, and this is what investors need to do to avoid wealth erosion, says Peter Schiff, CEO of Euro Pacific Capital.In this interview, Schiff comments on the risks of holding dollar-denominated assets and what investors should be buying instead.0:16 - Moderna and vaccine trial resu...Read More
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 lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Max Keiser explains why Bitcoin is the antidote to endless Fed money printingMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock...Read More
Jerome Powell, Chairman of the Federal Reserve, appeared recently on 60 minutes. Join Mike Maloney as he uncovers the true meaning of what Powell said, and the implications that will follow. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded...Read More
Finally, silver has begun to outperform Gold, just as we always expected it would. The gold/silver ratio kept going up until it started going down. People become turned off by the high price of gold and have found that silver is still cheap. The ratio peaked at 125, way above 80-90 where it usually peaks. All as a result of the panic. Now we're almost back down to 100. Silver needs to do 2.5 times...Read More
The Federal Reserve has grown their foreign bank swap lines from $0 to $446.5 BILLION in just 2 months....who said there would be a strong "V Shaped" recovery?! I wish I had that kind of printing press!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com...Read More
A Covid-19 vaccine, or lack thereof, will have zero effect in terms of reversing these cycles. Call it Fate, call it karma, call it what you will, but the cycles have aligned and nothing can stop the unraveling Continue...Read More
The economic devastation from this unnecessary virus insanity has so structurally altered the economy that the Climate Changed advocates are throwing wild parties cheering the end of so many jobs.Continue...Read More
Texas, North Carolina and Arizona are among the states seeing increasing numbers of covid-19 cases, intensifying concerns as they seek to reopen shuttered economies. Continue...Read More
It seems prudent at this point to tell people to take modest doses of vitamin D supplements for their health. The evidence is easily strong enough to justify it.Continue...Read More
Some 68% of respondents to the Bank of America Global Research Fund Manager Survey for May called the current market surge a "bear market rally."Continue...Read More
Most analysts believe that when the RSI oscillator rises above 70 the market is "overbought" and will suffer a decline in price.An RSI above 70 is overbought on short-term charts, but on this long-term quarterly bar chart, it's clear that a rise to 70 Continue...Read More
Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following a seismic event on Monday, the company said on Tuesday May 19. All production has stopped after a seismic event, with a magnitude of 3.3, occurred at 3:11am on May 18, with no forecast as to when it will resume and an intensive inspection of the mine now underway, the company said....Read More
The CIS export billet market remained bullish early this week, with demand from China continuing to support prices after a plunge in interest from Turkey at the end of last week.Market participants reported offers of CIS-origin billet to China at $385-400 per tonne cfr, which would net back to $355-370 per tonne fob for cargoes to be shipped from the Black Sea basin.Some market participants said t...Read More
Money manager Adrian Day reviews developments at three gold and silver companies in his portfolio. Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX, US$0.807) continues to advance the Mt. Todd project in Northern Territories, Australia, as it monetizes non-core assets to maintain a healthy balance sheet without dilution. As it awaits its final permit, the improvements at Mt. Todd are now incremental, with...Read More
Steel billet and rebar prices in the United Arab Emirates had mixed fortunes in the seven days to Tuesday May 19, with demand limited by Ramadan and Covid-19 restrictions, market sources told Fastmarkets.Market participants in the UAE said that demand was unlikely to improve before the end of Ramadan in late May.Ramadan is normally a slow month for the region, but the Covid-19 curfe...Read More
China's domestic rebar prices moved up further on Tuesday May 19 amid expectations of economic stimulus emerging from the country's annual meetings of policymakers later this week. Domestic Eastern China (Shanghai): 3,560-3,590 yuan ($501-505) per tonne, up by 30 yuan per tonneThe National People's Congress of the Communist Party of China will start its annual meeting on May 22 in Beijing while th...Read More
European high- and low-carbon ferro-chrome prices increased last week, with industry sources reporting around 900 tonnes of done deals for high-carbon material and about half that for more refined-grade material.The high-carbon ferro-chrome price spread narrowed to $0.12 per lb after deals were reported that raised the lower end of the assessment. Deals for around 900 tonnes were reported and...Read More
The blue-chip index skidded into the close at its session lowsYesterday's broad-market optimism was short-lived, as the Dow plodded through a day in the red before bottoming out with a 390 point drop at the close. Weighing on the blue-chip index were corporate reports from Home Depot (HD) -- which suffered an earnings miss -- and Walmart (WMT), which initially surged after its first-quarter repo...Read More