The Fed is pumping out tens of billions of dollars every month, and yet, the economy keeps sinking. What does this tell economist John Williams? "The system is not operating properly. These are stopgap measures, stopgap liquidity that the Fed is putting into the system. If they understood what was going on, they would not be doing that. They wouldn't have to do it. They have lost control of the sy...Read More
Google automatically keeps a detailed log of everywhere you go in your life unless you change the default settings.Continue...Read More
"Comedy is not a crime. I'm telling you right now: I would rather go to prison than pay one-tenth of this stupid fine."Continue...Read More
Trade wars will continue for years, even decades, until China abandons communism or the U.S. concedes the high ground in global hegemony.Continue...Read More
The fund invested in everything from real estate to nuclear power plant parts, despite the Pope being critical of nuclear power plants in the past. Continue...Read More
"We are the good guys, I really do believe that.""I know it's complicated but you know, do you want a strong national defense or don't you? I think you do...Continue...Read More
Japan faces a wall of debt that can only be addressed by printing more money and debasing its currency. This means they will be paying Continue...Read More
We first started noticing major 'odd' exports of gold from Turkey to Iran in May 2012. Turkey's trade balance fluctuated wildly as Continue...Read More
"Unfortunately, my home community ... has become a major entry point for this activity...It's refined, it's made into jewelry or placed into our electronics and then it's sold to U.S. consumers - much of it, if not all of it, untraceable."Continue...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend Greg Weldon, CEO and president of Weldon Financial. Greg hasdecades of market research and trading experience specializing in the metalsand commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp where he accurately predicted the implosion of theUS credit market and urged people to...Read More
Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity. It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those individuals that are capable of understanding the message that is being presented. In this research article, we are going to highli...Read More
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was topping.Gold and S...Read More
Prices in the major global markets for steel billet continued to rise during the week ended Friday December 6, but buying was slower than the previous week because most mills were fully booked.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $278.98 per tonne on December 6 compared with $266.08 per tonne on November 29."Suppliers have already s...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
Investor ardor for gold, as measured by inflows into exchange-traded products, is finally cooling as the metal pulls back from a six-year high set earlier in 2019 - and that might be the contrarian, positive development it needs to make another run higher, said one of Wall Street's most widely followed chart watchers. 'We don't want you to fall asleep on gold, the charts are too good.'Jeff deGraaf...Read More
The debate on the amount of above-ground silver stocks is completely meaningless when we compare it to the value of global assets...by Steve St Angelo of SRSrocco ReportThe debate on the amount of above-ground silver stocks is completely meaningless when we compare it to the value of global assets. It is also true when we compare the estimated above-ground stocks of gold versus silver. While t...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
RAPAPORT... Christie's brought in $6.9 million from its Fine Jewels salein Paris, with a fancy orangey-pink diamond ring fetching more than eight timesits high estimate. The old-cut, 6.32-carat, type IIa, VS2-clarity diamond wasthe top-grossing lot, going for $717,596 against a high estimate of EUR 80,000($88,473), or $113,544 per carat. Christie's sold a total of 80% of the lots onoffer at l...Read More
RAPAPORT... Watches ofSwitzerland has appointed Katie Reed vice president of marketing for the US. She will be responsible for all North American communications for the brand, as well as itsMayors subsidiary. Reed was previouslyvice president of marketing and revenue at Surface Media, as well as publisherof its Watch Journal magazine. She was recognized by The Wall Street Journal in2014...Read More
RAPAPORT... Tiffany & Co. has opened a one-month holiday pop-up shopin New York featuring its men's collection. The store, which will be open from December 6 to January 6,will carry items from the jeweler's Tiffany Men's collection, includingaccessories, barware, home objects and games, the company said last week. Theretailer will also offer custom Tiffany basketballs created by Spalding....Read More