The gold miners' stocks have suffered a lackluster few months. That's a disheartening contrast to their powerful summer upleg on gold's bull-market breakout. While this healthy gold-stock correction likely isn't over yet, the gold miners remain very undervalued relative to the metal they produce. That means they still have massive upside left in this secular gold bull. Sentiment just n...Read More
Jordan Roy-Byrne CMT, MFTAIn recent weeks we've noted the positive developments in the gold stocks despite the sector being in a period of correction. Last week we shared the idea that the next impulsive move in gold stocks might begin when the correction in the metals ends. In this article, I'm going to share the one chart which I think will help us time that next move higher. In recent year...Read More
By: Ira EpsteinGold remains under the 18 week moving average, but had a good day yesterday..Read More
Do not think of 2020. Just focus on end January. January is significant for three reasons for financial markets (a) Trump and his impeachment proceedings (b) Chinese New year is around 25th January. Chinese retail demand numbers and Chinese demand for gold and silver will be the key. (c) Brexit and increase or decrease in global mass unrest in India, Hongkong etc. At this point all these factors...Read More
Indian domestic secondary billet prices rose by 1,400 rupees ($20) per tonne in the week ending December 20 on the rising cost of directly reduced iron (DRI), the main raw material used by Indian secondary billet makers.The price of steel billet domestic, ex-works India was assessed by Fastmarkets on December 20 increased by 1,400 rupees per tonne to 27,400-27,600 rupees per tonne compar...Read More
The Polish domestic rebar price picked up slightly over the week and producers are targeting further price rises, market sources told Fastmarkets on Friday December 20.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, ex-works Poland narrowed on the top end of the range to 2,000-2,030 zloty ($522-530) per tonne on Friday, compared with 1,980-2,030...Read More
Next year's macroeconomic growth forecast will not be strong, but as long as the Federal Reserve remains accommodative, equities can remain high, this according to best-selling author Jim Rickards."[Some analysts] give recession almost a 0% chance in the next six months, and I agree with that, probably not even more than a 30% chance," Rickards told Kitco News.Jim Rickards is a lawyer, investment...Read More
Eric Sprott discusses the year end price action in the precious metals and answers listener questions regarding some specific mining companies.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established S...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
A explosive new opinion piece in the NY Times aims to demonstrate that detailed smartphone tracking is far more ubiquitous than many think, despite the ongoing claims by companies that people's data is "anonymous". Continue...Read More
The only areas where Wikipedia may be accurate are where the topics have nothing to do with a political agenda. Where there are any controversial political topics, current events, conspiracy theories, and Continue...Read More
Erik Townsend and Patrick Ceresna welcome Jim Bianco to MacroVoices. They discuss Jim's views on Zoltan Pozsar's theory of repo dislocation, if QE4 is imminent in the near future and what's on the horizon for the bond market and the fixed income marketRead More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Short selling is a touchy subject. And I can see the industry hate mail coming already. Katusa is heading to the dark side of the industry and joining the short and distort syndicates. Let's get one thing Continue...Read More
Greta Thunberg with no script is a sight to behold. Continue...Read More
"I'm proud the Senate approved legislation today including our Tobacco-Free Youth Act to help address this urgent crisis and keep these dangerous products away from our children." Continue...Read More
We have just witnessed the longest expansion in the country's history - and it's still ongoing. For the first time in U.S history, the economy started and ended an entire decade without entering a recession.Continue...Read More
As Global Debt reached a new record high of $250 trillion this year, gold and silver came briefly back on the radar for investors. After five long yearsContinue...Read More
In this article, I'm going to share the one chart which I think will help us time that next move higher. Continue...Read More
China's rebar prices were unchanged on Friday December 20 in both the domestic and export markets amid weak demand. Eastern China (Shanghai): 3,810-3,840 yuan ($544-548) per tonne, unchangedNorthern China (Beijing): 3,500-3,540 yuan per tonne, unchangedEnd-user demand for rebar is dropping gradually with the year coming to an end. This is expected to persist for the next month.But sellers kept the...Read More