SHANGHAI, Nov 16 (Reuters) - Heavy corporate dollar demanddragged the Chinese yuan lower against the greenback on Friday,but it was still on course for a winning week on news thatWashington and Beijing were talking again about resolving theirbitter trade dispute.But while market sentiment has improved on the reports, theyuan's gains were capped by caution over whether either side wasnow more willi...Read More
(Adds details, foreign investment relaxation)By Gayatri SuroyoJAKARTA, Nov 16 (Reuters) - Indonesia's government istightening requirements to force companies to repatriate revenuefrom the export of natural resources, a minister said on Friday,as authorities seek to support a fragile rupiah currency.Special accounts will be created for exporters to depositexport revenue at local banks to allow for...Read More
* Spot gold may edge up to $1,223/oz - Technicals * Palladium up over 3 pct for the week so far (Adds comment, updates prices)By Eileen SorengBENGALURU, Nov 16 (Reuters) - Gold prices rose on Friday,having hit a one-week high earlier in the session, as investorssought safe-haven assets amid fears of a chaotic departure forBritain from the European Union.UK Prime Minister Theresa May's draft Brexit...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Mish Shedlock of MishTalk.com about the credit cycle turning. They discuss the recent Bloomberg opinion piece arguing that 'capitalism is not working.' They also talk about 50 million empty homes in China and what that portends for the global economy.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report...Read More
Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to investors in prec...Read More
Schiller Institute science advisor Jason Ross discusses China's imperial ambitions in Africa through its Belt And Road Initiative and the challenges it poses to the US-dominated Bretton Woods system.Read More
"I'm not allowed to say that men aren't women or ask questions about the notion of transgenderism at all anymore? That a multi billion dollar company is censoring BASIC FACTS and silencing Continue...Read More
Precious metals expert Michael Ballanger discusses the recent rise in precious metals prices and what he sees ahead for the metals. As many of us have grown to appreciate over the years, forecasts tend to be nothing more than "educated guesses" and no matter what methods one uses, predicting directional and amplitudinal movements in economics or finance or asset prices is analogous to standing in...Read More
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical.Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hinds...Read More
The major gold miners’stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarterearnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, andproduction-growth struggles persisted. But these elite companies did hold the line on costs, portending soaringearnings as gold recovers.&...Read More
Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed’s unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low...Read More
Most people assume that their financial standing is defined by how much they earn, how much they're worth, or some combination of both. And there's no doubt that this has some bearing. Forbes magazine defines "rich" as a person who earns in excess of $1 million per year (about $83,333 per month, or just under $20,000 a week), and "poor" as someone who earns less than $25,000 a year.But even more i...Read More
Nov 19, 2018 Guest(s): Matthew Lennox-King President, CEO & Director, Contact Gold The goal of an exploration company is to take ownership of each project and not focus on selling assets to major miners, said Matthew Lennox-King, president and CEO of Contact Gold. "The only way you can attract that attention [from the majors] is to continue to advance the project as if you're going to own it. Th...Read More
Nov 19, 2018 Guest(s): Matthew Turner President, CEO & Director, Rockhaven Resources The Yukon has had a history of being the last jurisdiction to be explored in a cycle and the first to get cut, but recent developments have changed that, said Matthew Turner, president and CEO of Rockhaven Resources. "In these cycles, it was the last jurisdiction that would get the exploration dollars and the fi...Read More
Nov 19, 2018 Guest(s): Ugo Landry-Tolszczuk President, COO, CFO, SRG Graphite Inc. Graphite is less talked about but is just as important as lithium and cobalt as a component to the electric vehicles, this according to Ugo Landry-Tolszczuk, president of SRG Graphite Inc. "Graphite, a little bit, has been the forgotten metal. I think what we've seen in the lithium space, the cobalt space, I think...Read More
"When the financial elites are dealing with hopeless situations, they will make decisions that they know are absolutely foolhardy, have no merit and no prospects for success long term."Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-...Read More
Just days after taking back the House, a Democratic Congressmen has proposed outlawing "military-style semi-automatic assault weapons" and forcing existing owners Continue...Read More
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. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More
Investors with beaten-down gold/silver mining shares in their portfolio have three choices: Dump those losers for Continue...Read More
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical.Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hinds...Read More