Gambling is according to Wikipedia the wagering of money (or something of value) on an event with an uncertain outcome. Three elements are Continue...Read More

OSTK is spiraling, while KODK is soaringShares of Overstock.com Inc (NASDAQ:OSTK) have plunged 11.6% to trade at $42.55, after the company said fourth-quarter revenue fell 13.3% to $456.3 million -- well below the consensus forecast for $526.2 million in revenue. What's more, the company failed to give an update on plans to sell its e-commerce division in order to shift its focus to digital curren...Read More

By Nathan McDonaldFor years, a trend has developed that, much to the dismay of global financial elites, has taken hold and will only accelerate from this point on. The trend I speak of is none other than the global repatriation of gold reserves from Western powers such as the United States and the United Kingdom. Since the end of World War 2, both have been the main depositories of gold reserves...Read More

Gold and silver fell on uncertainty in global financial markets. The USA is trying to blackmail South Korea over trade tariffs by saying that it will roll back military support. Black mailing will not work with South Korea. The USA needs South Korea as an ally MORE than the other way around. USA/NATO now wants to command the South China Sea and the Indian Ocean due to the mineral wealth under th...Read More

Investors are pouring money into equity funds at a record pace, according to Bank of America Merrill Lynch data, and outpacing cash into fixed income investments for the first time in five years even as markets stall in the face of rising political risks and concerns of a global trade war. BAML's 'Flow Show' report suggests equity inflows are on pace for a record $717 billion in new funds this y...Read More

Some steel product prices in the United States have risen in response to the looming introduction of 25% tariffs on imports, while sentiment in steel markets outside the US has been dampened by fears of potential shifts in trade flows. US president Donald Trump signed the 25% tariff into law on March 8 after the conclusion of his government's Section 232 investigation, and from Friday March 23 the...Read More

Cycles, cycles everywhere. We've already discussed the current state of the U.S. business cycle, arguing that the expansion should last for a while, although it is more advanced than in Europe. However, business cycles aren't the only creatures living in an economic zoo. They are simply the most popular within the modern macroeconomics. The post-war business cycles lasted, on average, almost 6 y...Read More

The shares are exploring record highs after earningsAdobe Systems Incorporated (NASDAQ:ADBE stock is surging today, up 3.8% to trade at $227.25 -- and just off a new record high of $228 -- after the software company reported fiscal first-quarter earnings and revenue above expectations. In response, analysts have heaped praise on ADBE, with no fewer than 11 brokerages upping their price targets, i...Read More

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.Housing starts declined 7.0 percent to a seasonally adjusted annual rate of 1.236 million units, the Commerce Department said on Friday. Data for January was revised up slightly to show groundb...Read More

Global scrap prices remained generally stable except in Taiwan during the working week from Monday March 12 to Friday March 16, amid the uncertainty created by the implementation of Section 232 tariffs in the United States and widespread weak demand for finished steel products.Turkish steel mills have stepped back from the deep-sea scrap markets since the end of the last week and have made no sign...Read More

By Ira EpsteinStrong US Dollar sinks metals. https://www.iraepstein.com/ Read More

DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence Major Market Moves and indeed, Trends, often begin with a Triggering Event (like the one coming later this month See Deepcaster's Alert posted March 16 for its identity) so it is essential to identify these Triggers...Read More

In 1992 a book entitled "Bankruptcy 1995: The Coming Collapse of America and How to Stop It" hit the nation by storm. Written by Harry Figgie, a prominent businessman Continue...Read More

All three major U.S. benchmarks are set for weekly lossesU.S. stock futures are signaling a cautious open, as traders watch mixed reports surrounding the White House. In the same week he fired Secretary of State Rex Tillerson, President Donald Trump is supposedly considering removing National Security Advisor H.R. McMaster -- though a tweet from Press Secretary Sarah Huckabee Sanders suggested tha...Read More

(Reuters) - U.S. stock index futures pointed to a flat opening for Wall Street on Friday as continuing turmoil in the Trump administration kept investors on edge.The three main indexes were set to record losses for the week that was dominated by concerns of global trade war and political drama that began with Secretary of State Rex Tillerson’s exit.The Washington Post reported on Thursday th...Read More

"I think what [the Fed] has done here now is they've now lost control of the bond market, so interest rates are rising, and their last hope is to try to manipulate the dollar, and they're trying to suppress that dollar." Read More

Trades of ferrous scrap in containers to India have declined sharply this week, amid worries about the knock-on effect of the steel import tariffs being imposed in the United States, sources said on Friday March 16.Buying activity for shredded scrap in containers was steady at the beginning of the week, and at high prices. Toward the end of the week, activity cooled off dramatically although price...Read More

ULAANBAATAR, March 16 (Reuters) - Annual revenue from Mongolia's giant Oyu Tolgoi copper-gold mine fell 22 per cent last year, the Rio Tinto unit in charge of the project said, with construction delays leaving it unable to take full advantage of higher prices.Oyu Tolgoi booked $939.8 million in revenue for 2017, down from $1.2 billion the previous year, Turquoise Hill Resources said in its 2017 fi...Read More

GENEVA (Reuters) - President Donald Trump’s announcement last week of a 25 percent tariff on U.S. imports of steel and 10 percent on aluminum caused a global outcry.The following sets out how Washington might try to justify the tariffs at the World Trade Organization, which is supposed to police agreed free trade rules, and how the WTO might address the issue.NO WORD TO THE WTOThe tariffs an...Read More

Some steel product prices in the United States have risen in response to the looming introduction of 25% tariffs on imports, while sentiment in steel markets outside the US has been dampened by fears of potential shifts in trade flows. US president Donald Trump signed the 25% tariff into law on March 8 after the conclusion of his government's Section 232 investigation, and from Friday March 23 the...Read More