By: Gary SavageThe Odds Are Very High That the Daily Cycle Has ToppedRead More
We've been monitoring Apple shares closely because they look very likely to rise at least 10% above their current $220 price before bulls are spent. AAPL is a powerful engine for the bull market, and a big rally in the stock would all but ensure that the broad averages get dragged higher or at least remain buoyant. The chart shows another reason why it may be premature to bet against the aging...Read More
Southeast Asian steel billet prices tumbled in the week to Friday September 27 because of a supply glut in the region after producers in various countries lowered their offer prices to entice buyers, market sources told Fastmarkets.Southeast Asia remains the most active billet import market with buyers continuing to book cargoes while demand from other parts of the world softens, a trader in South...Read More
Since debt was created, the Repo Man was there to handle defaulting debtors. There's a new Repo Man in town and that's the Federal Reserve. They are there to turn bank's paper into cash and bank's cash into paper. Since 1917, it all worked very well except for a few noteworthy events, like 9/11 and 2008, when the markets seized up. Now it's happening again. Why is there no liquidity? Where did all...Read More
The markets aren't reacting & they should be, says Harry Dent. As the nation faces more political upheaval we should be seeing an economic equivalent, and the fact that we're not is very concerning. Tune in for his political prognosis as the wealth effect wanes. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Den...Read More
Eric Sprott discusses the impact that quarter end and options expiration is having on the gold price but looks forward to higher prices in the weeks ahead.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 e...Read More
From the midst of the ongoing crypto revolution, one of its main ideologists tells RT that outdated models are going to disappear, giving way to the ultimate promise of the internet - freedom of speech, commerce and finance."You see that monopolies are trying to get more control over content. We need to have technologies that can circumvent and avoid monopolies because... their greed and their lob...Read More
"I decided to research Trump and Brady's public performances of their white masculinities and how they connect with broader debates about race and gender politics after a Continue...Read More
Onar is a Norwegian author who has written extensively on politics, technology, and science. He has a mathematics and physics background and has been a technological entrepreneur for twenty years, working in aContinue...Read More
Stock prices are high and fairly stable, while interest rates are low and fairly stable. A casual observer might infer from this that the global financial markets are experiencingContinue...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Former Reagan Administration official and RPI Board Member David Stockman joins RPI's 2019 Washington Conference with a blistering critique of NATO and of US interventionist foreign policy.David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brother...Read More
The ruthless jostling for power ... the spiraling of government debt & deficits ... the cascade of failed (yet still endless) wars ... the Fed's money printing ... the promises of FREE everything ... None of it will save the Empire. Liberty is the only way out!Dr. 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, i...Read More
"It can be expected that the U.S. will launch airstrikes on Syria in the very near future (probably within the next two weeks), using false accusations of using chemical weapons Continue...Read More
With Elizabeth Warren surpassing him in a national poll for the first time, Joe Biden is finally acquiescing to the pressure from his party's increasingly left-wing voters Continue...Read More
With the price of oil still on edge over the duration of Saudi Aramco repairs and speculation over how long until Saudi oil output is fully restored, moments ago Continue...Read More
The gold price tends to rise in times of crisis, but according to Frank Holmes, CEO and chief investment officer at US Global Investors, the yellow metal has the potential to go much higher even without a major calamity.Speaking at the Denver Gold Forum, Holmes explained that worldwide money printing triggered by attempts to stimulate economic activity could lead to a substantial gold price increa...Read More
Key data from the pricing sessions in China, Europe and the United States for the week ending Friday September 27. Europe The high carbon ferro-chrome price dropped at the top end of the current range after reports of deals done below that range, although most sources reported quiet business conditions.The market is expected to be relatively quiet ahead of the fourth-quarter European charge and h...Read More
Stainless steel prices in Europe have remained stable for a second week but increases will be inevitable next week because of higher October alloy surcharges, sources told Fastmarkets on Friday September 27.Because of high nickel prices in recent weeks, it was expected that some European stainless steel mills this week would announce monthly alloy surcharges for October at substantially higher lev...Read More
Stocks dropped amid reports Trump could delist Chinese firms from U.S. exchangesThe Dow finished the week on a gloomy note, logging a modest loss amid the latest U.S.-China trade drama. The blue-chip index started off in the black, but ultimately turned lower after a Bloomberg News report signaled the Trump administration is considering limiting capital flows to China, including possibly delistin...Read More