Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Months ago Craig said on this show that the Fed would soon be cutting interest rates and that gold was looking just the way it did in 2009, just before its meteoric rise. He's been right on both counts as gold took off and the Fed has just cut rates for the third time this year. But of course they're very hesitant about the next cut, but will they do it just the same? Find out more of what's in st...Read More
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
To appreciate the lies and corruption that are the foundation of the conspiracy to destroy the Presidency of Donald Trump by the FBI, the CIA and the DNI, one needContinue...Read More
Officials in Beijing will combine the country's state-of-the-art facial recognition technology with a version of their controversial 'credit system' to speed up security Continue...Read More
89% of Chinese real estate is owned, not rented...and 75% of Chinese net worth is in real estate. Harry Dent dives into the numbers behind Chinese real estate investment market, breaking down just how perilous speculation of empty housing developments could be.... even if it comes with a silver lining of self-correction.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, b...Read More
A catastrophic recession is coming, and gold is still the best investment to hold during an economic collapse, this according to Gerald Celente, publisher of the Trends Journal."For me, speaking only for myself, gold is the number one investment and I've been saying that since I began buying gold in the 1970s," Celente told Kitco News.Gerald Celente is a pioneer trend strategist and founder of The...Read More
So the Fed, as expected, cuts interest rates again. And - also again - Fed Chair Powell implies that he's done cutting for a while. The financial markets - also once again - react like junkies contemplating their final hit.Continue...Read More
Brazilian slab export prices were stable in the week ended Friday November 1, as producers had limited ability to reduce their offers due to iron ore costs.Fastmarkets' weekly assessment of steel slab exports, fob Brazil, was unchanged at $355-360 per tonne on Friday.Offers from Brazil were within the range of $350-360 per tonne fob, level with the previous week, and latest deals have been closed...Read More
Victoria Guida of Politico, calmly and confidently asked the Fed Chairman about its repo loans and the liquidity issues on Wall Street. Powell said this:Continue...Read More
In the third quarter of 2019, Mexico notched up its first year-over-year decline in GDP since the final quarter of 2009, when it was in the midst of a sharp recession brought Continue...Read More
President Trump has often criticized NATO member countries in Europe for not paying their fair share after agreeing to a rule that says they must spend 2% of GDP on defense.Continue...Read More
Gold and Silver are reflecting the geo-political uncertainty, Kenneth Lewis joins us to discuss the markets and whether retail investors are beginning to catch on and buy into precious metals. We also look into whether the Trump era has been kind to investors as increasing inflation and negative interest rates become a normal part to the modern day economy.TOPICS IN THIS INTERVIEW:01:35 Central Ba...Read More
Prices in Southeast Asia's steel billet market remained stable on Friday November 1, with a closing arbitrage window between international prices and domestic Chinese prices, sources told Fastmarkets.Market participants said buyers in Southeast Asia were not willing to pay higher prices because they did not need materials urgently and were not being outbid by Chinese importers in the spot market.F...Read More
The prices of stainless steel flat products in Europe decreased this week because of persistently weak demand, sources told Fastmarkets on Friday November 1.Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,200-2,250 ($2,454-2,510) per tonne on November 1, down by ?,?100 per tonne week on week."It's [a result...Read More
Bob Moriarty of 321gold presents the investment thesis for this mining firm. If you are smart enough to remember how to fall off a bicycle, you qualify as wise enough to be buying shares in Calibre Mining Corp. (CXB:TSX.V; CXBMF:OTC.MKTS). It's that easy.B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX), run by Clive Johnson, is a $4 billion company. They had two gold mines in Nicaragua but have transiti...Read More
The monthly European alloy steel surcharges for November for grade-316 stainless flat steel products have decreased because of lower molybdenum costs, Fastmarkets heard on Friday November 1.Fastmarkets' range for the stainless steel cold-rolled sheet, 316, 2mm, alloy surcharge, domestic, Europe, was ?,?2,497-2,581 ($2,786-2,879) per tonne on November 1, down by ?,?13-63 per tonne from October.Allo...Read More
October payrolls topped estimates, despite the GM strikeThe Dow erased yesterday's losses, tacking on over 300 points on better-than-expected employment data for October, despite the General Motors (GM) strike. In addition, investors cheeredreassuring news that the U.S. and China have reached a consensus in principle on trade, with the Chinese Ministry of Commerce touting"serious and constructive"...Read More
A mixture of trends were forecast for steel, iron ore and coking coal prices in 2020 at the London Metal Exchange Ferrous Focus session this week."Steel is going to drift a bit lower, but not collapse," Citi research analyst Tracy Liao told delegates on Thursday October 31, "[and] iron ore will go quite a bit lower, whereas coking coal prices will go up." Liao said that wh...Read More
We also explore stocks you should buy and avoid in NovemberThe S&P 500 Index (SPX) started the week with a fresh record high after a slew of sunny earnings reports and amid optimism around U.S.-China trade. While that optimism subsequently waned amid reports China is worried about President Donald Trump's "impulsive nature," and after a key economic summit was cancelled, the index ultimately exte...Read More
The equity was upgraded to "outperform" at BairdThe shares of home health and hospice provider Amedisys Inc (NASDAQ:AMED) are soaring today, with at least one analyst applauding the recent Centers for Medicare & Medicaid Services (CMS) ruling. Specifically, Baird upgraded AMED stock to "outperform" from "neutral," and hiked its price target to $160 from $140, waxing optimistic on the CMS 2020 ruli...Read More