Inflation might not be transitory. It's not the inflation of the 1970's, it's causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics.Wells Fargo closes personal credit lines, implies they are worried about something. They're even eliminating over...Read More
David Morgan, editor of The Morgan Report, discusses with David Lin anchor for Kitco News, the scenarios needed for the silver price to skyrocket, as well as tools investors can use to participate in the marketplace. 0:00 - SILVER'S PRICE IS DISCONNECTED FROM FUNDAMENTALS5:01 - WHY ARE SILVER PREMIUMS ARE NORMALIZING?7:53 - DEMAND VS SUPPLY, WHICH IS STRONGER FOR SILVER?9:02 - HOW TO TRADE SILVER...Read More
Iron ore prices moved up despite limited liquidity in the physical market on Monday July 12, while sentiment strengthened on news that China's central bank will cut the reserve requirement ratio (RRR), sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $217.85 per tonne, up $3.08 per tonne62% Fe low-alumina fines, cfr Qingdao: $220.60 per tonne, up $2.60 per tonne58% Fe fines high...Read More
0:00 Intro3:24 Travelling while young or focus on capital6:18 Countries adopting the US dollar9:30 How did you start investing13:22 What is your opinion on money and wealth17:49 How to deal with tough times19:41 Work life balance22:43 Opinion on Canada30:53 Thoughts on Latin America and Peru33:51 How do you deal with Irrational markets?36:37 Being a patient investor38:00 Is cash a safe investment?...Read More
Craig Hemke joins us to discuss the latest games happening at the Comex. What happens next? Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Over the weekend the FBI Tweeted that Americans should observe their own family members for possible "extremism" and report them to the FBI if they find any. Haven't we seen this movie before in East Germany? Also - Washington is spending millions to create a new database of the "insurrectionists" from January 6th. Is this justice, or political persecution? These stories and more in today's Libert...Read More
Progressives who work to end individual rights violations committed by the NSA, FBI, DEA, CIA, and other federal agencies usually overlook, or even support, the routine violations of Americans' rights by the IRS.For example, progressives rarely, if ever, speak out against the IRS's targeting of the opponents of those in power. When liberal Democrats control the White House, the IRS targets advocat...Read More
Get Used to Higher Inflation. My Thoughts on the Biggest Mess I've Seen in Decades.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General M...Read More
For over two decades, Ken McElroy has experienced great success in the real estate world-from investment analysis and property management to acquisitions and property development. With over $750 million investment dollars in real estate, Ken offers a unique perspective on how you will get the biggest return on your investments. His twenty six plus years of senior level experience is offered to his...Read More
"Most people believe there's media manipulation happening and misinformation campaigns happening, just not through their sources."Read More
If an employee missed work due to any side effects from receipt of the vaccine, the employer has a problem. Continue...Read More
It has begun. Wells Fargo has told all its customers that it is shuttering down ALL personal lines of credit. The bank has made it Continue...Read More
Pessimists might be shocked by some recent developments. A Putin-Biden phone call ending in a call for joint action against cyber warfare? A unanimous U.N. Security Council vote to open the door for humanitarian aid to be distributed to "all parts of Syria"? How about a U.S. official commenting favorably on a Taliban-Afghan government meeting in Tehran, saying that what Iran is doing "may well be...Read More
?>>?Last week, without warning, Wells Fargo Bank announced that it is eliminating personal lines of credit for customers. Wells Fargo tells customers it's shuttering all personal lines of credit https://www.cnbc.com/2021/07/08/wells...People forget this, but only about a year ago Wall Street insider Frank Partnoy, wrote an extensive article in The Atlantic warning about Wells Fargo having $1 trill...Read More
Steel slab export prices from Brazil inched down over the week ended Friday July 9, with buyers placing low bids after a recent decrease in prices in other regions.Fastmarkets' weekly assessment of the price for steel slab, export, fob main port Brazil, was $975-995 per tonne on July 9, down by $5 per tonne from $980-1,000 per tonne on July 2.The...Read More
If the Cuban government does fall, credit Covid-19, Not Biden, Not Trump, Not Obama, Not Bush, Not Reagan, Not Kennedy, etc. Unprecedented protestsContinue...Read More
"We urge the United States to immediately stop such provocative actions," it said in a statement."Under international law as reflected in the Law of the Sea Convention, the ships of all states, including their warships, enjoy the right of innocent passage through the territorial sea." Continue...Read More
A new poll finds that 40 per cent of Brits want mask mandates to remain in place forever, while almost half think unvaccinated people should be permanently banned from foreign travel.Continue...Read More
In my experience, buying fundamental quality at oversold points and then holding for several years is how to earn returns of 5-fold and more.Continue...Read More