U.S. President Joe Biden is coming under heavy pressure to abandon the May 1 deadline to withdraw U.S. combat troops from Afghanistan.Continue...Read More
The goalposts were just moved...again by the Fed? Recently, Fed Chairman Jerome Powell testified before CONgress that money supply growth no longer was inflationary. Fed Chair Jerome Powell says money printing doesn't lead to inflation https://www.kitco.com/news/2021-02-24...?EUR
Chart Patterns to Watch This Week 3-6-2021 // Want more help from David Moadel? Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to...Read More
It's an alarming and uncomfortable feeling for many gold investors.As stocks continue to soar, gold notched its worst month in 4 years falling 6% in February.Continue...Read More
Preview Friday's WeldonLIVE ... a follow up to Wednesday's "It's a Mad, Mad, Mad, Mad World" ... called "Tom Brady and the Waitress" ... in which Greg lays out a number of new developments that feed into the bigger picture theme linked to the five-decade long debt/credit bubble, fueled by the USD Ponzi scheme, resulting in an asset bubble and the return of irrational exuberance to the macro-scene!...Read More
If you argue otherwise then have given me the right to come into your home and tell you what sort of sexual and other actions you may engage in and with whom along with how Continue...Read More
"It's important to note that these products are different from the ones for people, and safe when used as prescribed for animals, only," FDA stressed in a news release.Continue...Read More
"You can expect that we will always hold people accountable for their acts," Austin said, adding that should the US respond with force, it Continue...Read More
Trump will keep it going until the next election and either be the Republican nominee or choose the Republican nominee.Continue...Read More
The rising 10-year U.S. Treasury interest rate is causing the gold price to decline.Continue...Read More
As I pen this article, Gold and gold stocks may be starting to form a low.Continue...Read More
Can the precious metals move lowerbefore a short-term correction, and after correcting, will they continue theirmedium-term downtrend?Gold & silver reversed yesterday(Mar. 2) and the GDX rallied after bottoming right in my previous target area,but it’s still unclear if the bottom is in.Let’s check what’s happening in thecharts. Figure1 – COMEX Gold Futures (GC.F)In shor...Read More
The turmoil surrounding a creditor of UK-based conglomerate GFG Alliance has raised concerns in the European steel market, Fastmarkets heard on Friday March 5.On March 3, German financial watchdog Bundesanstalt f? 1/4 r Finanzdienstleistungsaufsicht (BaFin) imposed a moratorium on Greensill Bank, which is the key funding facility for GFG Alliance, Fastmarkets heard.In particular, BaFin has ordered...Read More
The economy seems to be recovering, while bond yields are increasing again, sending gold prices down.Not good. Gold bulls can be truly upset. The yellow metal continued its bearish trend last week. As the chart below shows, the price of gold has declined from $1,807 on Monday (Feb. 22) to $1,743 on Friday (Feb. 26). What happened? Well, last week was full of positive economic news. In particular,...Read More
ArcelorMittal Nippon Steel India (AM/NS India) has signed a memorandum of understanding (MoU) with the government of Odisha, India to build an integrated steel plant in Odisha with a capacity for 12 million tonnes per year, it announced on Thursday March 4.The plant will be set up in the Kendrapara district and the investment is reported to be 500 billion rupees ($6.87...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 3 that are worth another look.A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.Glencore has appointed BMO...Read More
Here are five Fastmarkets stories you might have missed on Friday March 5 that are worth another look....Read More
Here are five Fastmarkets stories you might have missed on Friday March 5 that are worth another look....Read More
A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.Market chatter on this topic has grown increasingly louder, with industry sources in China hearing more and more details about these plans from late January onward."This is likely in line with China...Read More
Markets will throw a tantrum until Powell gives them what they want...By Matt from Silver Fortune via Silver FortuneMarkets will throw a tantrum until Powell gives them what they want. Read More