By Avi GilburtThe amount of discussion I am seeing on television, as well as in print, regarding what the Fed is going to do just amazes me. Are people this oblivious to the realities around them?I really have a hard time understanding this. So, maybe you good people can help me. The Fed was clearly going to continue raising rates this past winter. No one even questioned that. Well, almost no on...Read More

By: Robert LambourneThe statement of account for May 2019 of the Bank for International Settlements, published this week, indicates that the bank is still trading gold swaps, which the bank uses to gain access to gold held by commercial banks. But the statement indicates that bank's recent activity in the gold market is much reduced from its activity during the second half of 2018.There is not e...Read More

- Stewart Thomson, Graceland Updates 1. It's my firm belief that most Americans are living in a fantasy world where a superhero named President Trump is going to negotiate fabulous "America-first" trade deals with cowering governments around the world... and Americans will then magically relive the 1950s with massive GDP growth, even while QE to infinity becomes as American as apple p...Read More

By: Ira EpsteinGold in an overbought market challenging the high...Read More

Samarco - Vale and BHP's iron ore pellet joint venture - is likely to restart its operations in Brazil's southeastern Minas Gerais state in the second half of 2020.The restart will take place in "either the third or fourth quarter" of next year, according to Chris Barrington, the chief advisor to the International Iron Metallics Association (IIMA).He disclosed this in his presentation, The Global...Read More

Shipments of steel products from Iran remained unaffected by the conflict in the Gulf of Oman, which took place late last week, sources told Fastmarkets."We can still ship material," the country's major semi-finished steel producer told Fastmarkets.On June 13, two oil tankers (Norwegia-owned Front Altair and the Japan-owned Kokuka Courageous), reported an attack in the Gulf of Oman. Front Altair w...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

"They are going to keep lowering interest rates. It's monetary methadone. All these people are addicts. Morons and imbeciles call them 'investors.' They're addicts and gamblers. They can't stop, and all they want is that drug- monetary methadone. They are just going to keep filling it in until they OD."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is...Read More

Jordan Roy-Byrne, Founder of The Daily Gold joined me for a discussion on the set up in the gold market heading into the Fed meeting. We look at the spec position in gold and the USD as well as how gold has been preforming against other currencies of late. Finally a comment on the overall breadth in the gold stocks, which are great indicators of a potential breakout.Jordan Roy-Byrne, CMT is a Char...Read More

Overt smackdowns of gold as it persistently and repeatedly tests a 6-year resistance & support limit are becoming more obvious, more desperate, and eventually will be proven futile, according to veteran gold market watchdog Bill Murphy of the Gold Antitrust Action Committee (GATA.org.) Murphy returns to Reluctant Peppers to contend that we are witnessing the early stages of gold's breakout from a...Read More

China's domestic rebar prices increased on Wednesday June 19 on futures gains, but export prices continued to drop due to the need to sell. Domestic Eastern China (Shanghai): 3,820-3,860 yuan ($552-558) per tonne, up 20-30 yuan per tonneNorthern China (Beijing): 3,680-3,710 yuan per tonne, up 10-30 yuan per tonneRebar futures' rise led to more active trading in spot market and pushed up...Read More

The robot is designed to spy on citizens near parks and city buildings and relay the footage directly to law enforcementContinue...Read More

They used money that was allocated to fund Russian disinformation and fake news.Continue...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

The Deutsche Bank (NYSE:DB) stock chart since 2012 includes many examples (at least 23) of magical V shaped recoveries where the stock price was literally a falling knife and some buyer still came in and bought the shares to try and paint the tape to produce a share price recovery.However, since 2014 the share price has been in a very clear downtrend with lower highs on rallies and rallies do not...Read More

Links to slides and sources: https://www.itmtrading.com/blog/choke...The Oil rally that started in early 2019 is over with spot oil off more that 20% from its recent high. The markets are looking at rising US shale production, diminishing demand because of the global slowdown and a deepening trade war that would dampen demand even further.This is what that markets are looking at. Are they missing...Read More

Trump's showdown with China is causing anxiety in markets across the world. Asian-based economist Richard Duncan joins Robert to offer his view of how China is responding to Trump. Find out why bond yields are crashing, and how China is choosing to isolate itself from the U.S.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles...Read More

President Trump raised a record breaking $24.8M in less than 24 hours for his re-election. The enthusiasm across the country for this President is unmatched and unlike Continue...Read More

John Bolton hates the governments of Venezuela, Cuba, and Nicaragua-calling them the "troika of tyranny" and the "three stooges of socialism"-and is determined Continue...Read More

The 10Y US Treasury yield is now down 11bps from the FOMC Statement, plunging back below 2.00% Continue...Read More