ASIAN METALS MARKET UPDATEMomentum for gold and silver is bearish. I am happy with the correction. There will be good demand in every Asian nation. Buyers and investors will vanish if gold and silver fall next week. European central bank meeting today can affect euro as well as bullion. Lower growth forecast for this year has already been factored in by the markets and such they will not impact....Read More
Turkish billet prices have remained firm over the past week with moderate demand in the export markets. But the domestic and import markets were comparatively weaker, sources said on Thursday March 7.Fastmarkets' weekly price assessment for billet exports was unchanged week on week at $450-460 per tonne fob on Thursday.The Turkish mills were heard to sell a number of billet cargoes for export this...Read More
With seemingly everything except precious metals in a bubble, it can be quite hard to keep your eye on the ball. Join Mike Maloney as he uncovers what could potentially be a huge factor in the next crash - insane levels of corporate debt. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/sto...Read More
Economic analyst and author Chris Martenson shares his thesis on how the depletion and allocation of resources drive world economic activity and in turn determine our prosperity. He makes his case that a monumental transformation from our current way of life is not down the road but in process right now.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and...Read More
Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Association in...Read More
Jim and Evan discuss the latest monetary happenings, the retirement of a Wall Street legend, and a little baseball. 1:17 The Fed's listening tour and William McChesney Martin8:20 Inflation catch-up12:45 "A lack of dynamism"13:00 Bill Gross and the Bank of JapanJames "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the fi...Read More
Twitter Is DYING And Jack Dorsey Is Just Making It Worse. Was Jack Dorsey on Joe Rogan, Sam Harris, and Gad Saad's channels because he is desperately trying to stop Twitter from dying?In the past several months Twitter has been experience a loss in users. So much so the company changed the way it reports active users so it looks like they are actually growing. It seems that jack enacted far left a...Read More
Steel billet import prices in Egypt have increased over the past seven days with higher offers and deal prices, sources told Fastmarkets on Thursday March 7.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $470-475 per tonne cfr on Thursday, rising from $465-470 per tonne cfr last week.The rise can be attributed partly to a decree issued by Egypt's ministry of trade an...Read More
"Yesterday, I appeared before a secret grand jury after being given immunity for my testimony. All of the substantive questions pertained to my disclosures of information to the public Continue...Read More
China's been playing hardball with the U.S. over trade talks. There's good reason: they're gunning for the title of Top Global Economic Power, above the U.S. and other players.Continue...Read More
Although gold had a nice run there is still a concern that that monthly chart put in another lower high. What is even more concerning is the silver and GDX charts that are still in downtrends ever since the bounce in 2016. Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on what the longer term charts are showing us.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member o...Read More
Weakening Euro could put further pressure on US manufacturing...Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America...Read More
"The last two years have been the most difficult for my family and I...To say I have been humiliated and ashamed would be a gross understatement" Continue...Read More
Over the next few months, the Fed is expected to announce its new plan for its balance sheet. Meanwhile, as we're riveted to the edge of our Continue...Read More
Lower domestic spot inventories and positive sentiment led to a surge in China's rebar futures market on Thursday March 7, although spot prices dropped slightly in some cities. Domestic Eastern China (Shanghai): 3,780-3,810 yuan ($563-568) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,750-3,800 yuan per tonne, unchangedSellers in Shanghai cut prices under the pressure o...Read More
Jeffrey A. Tucker is Editorial Director for the American Institute for Economic Research. He is the author of many thousands of articles in the scholarly and popular press and eightContinue...Read More
China added to its gold reserves for a third straight month in February, data from the Continue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Domestic stainless steel prices in China maintained their upward trend over the past week on higher nickel prices and strengthening demand.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,100-15,500 yuan ($2,249-2,309) per tonne including value-added tax for the week ended Wednesday February March 6, up 400 yuan per tonne fr...Read More
This Canadian firm's plans for the property are discussed in a Haywood report, which also provided an update on mine construction. Lundin Gold Inc. (LUG:TSX) will use the monies from a recent financing to begin exploring its 64,400-hectare gold property in Ecuador, according to a Haywood March 4 research note. "Commencement of exploration activities on the company's highly prospective land pack...Read More