Max interviews Alasdair Macleod of Goldmoney.com for his thoughts on the gold market as the US Federal Reserve chairman calls for the end of the use of the word 'unconventional' when referring to QE and other new monetary policy tools. They discuss whether or not interest rates will go to zero in the US as billionaire investor Stan Druckenmiller believes and what happens, in that case, to Europe w...Read More
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/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr....Read 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
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Documents leaked to Project Veritas by a Pinterest insider reveal that the San Francisco-based social media company has blocked links from Zero Hedge Continue...Read More
In January, I wrote about a then-upcoming vote by Amazon shareholders on a resolution calling for the company's board of directors to "prohibit sales of facial Continue...Read More
The US Dollar Index is diverging against the Trade Weighted U.S. Dollar Index or Broad Index https://fred.stlouisfed.org/series/TWEXB which measures the US Dollar against 26 other currencies and updates the weighting yearly (rather than never) like the older US Dollar Index.The regular US Dollar Index has been showing weakness lately with the US Dollar Index failing to get to or stay above 98 with...Read More
Hard to believe but at least 25% of China's bank debt is worthless. And worse still, if there's a systemic crash, it could go a lot higher. But no one seems to be very concerned about it. After all the cure for bed debt is faster economic growth. But that's not happening either. Growth rates have plunged and could even be approaching negative territory. What's a poor central planner to do?Portfoli...Read More
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. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
"Trade protectionism and unilateralism are very much on the rise. How to respond to the bullying practices of the United States ... its practices of tradeContinue...Read More
"The purpose ... is to say to Russia, or anybody else that's engaged in cyber operations against us, 'you will pay a price,'" he said. "We will impose costs Continue...Read More
"We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was Continue...Read More
China continued its renewed (public) gold-buying spree in May adding almost 16 tons of the precious metal to its Continue...Read More
There are times the sentiment for silver gets so out of whack that it's like buying a winning lottery ticket after 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
Prices for imported steel billet and domestic rebar in the United Arab Emirates have gone down over the past week, while rebar import prices have remained stable, sources told Fastmarkets on Tuesday June 11.Domestic rebarThe demand for local rebar was weak, because the country has just finished observing the Islamic holy month of Ramadan.The observance of Ramadan in Muslim communities and countrie...Read More
The export market for steel slab from the Commonwealth of Independent States was quiet in the first week of July, with some major producers preferring to hold back their offers due to the uncertain market conditions.Market participants expected competition with Brazilian suppliers to escalate in the coming weeks because the South American country's quota for imports into the United States was clos...Read More
"This is because the Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don't have a clue!Continue...Read More
This Canadian firm's 2019 drill program is now underway. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) started drilling at Justin, it announced in a news release. The company noted that it plans to extend its drilling season one month by initiating this 2000-meter drill program at the Justin Gold Project prior to commencement of drilling at its Forrest Kerr Gold Project located in BC's Golden Tria...Read More