Oct 24, 2018 Guest(s): Alain Corbani Head of Commodities, Finance SA Alain Corbani, head of commodities at Finance SA, said that these two clues may hint at the next peak on gold. "At $1,200, gold mines are breaking even, so $1,200 is the bottom. That's the first answer I can give you. The second one is that usually the cycle peaks when the net margins of the industry exceed 25%," Corbani told K...Read More
Many minings stocks are undervalued more than they have been in the last 78 years, Fund Manager David Kranzler says. Trump may end up appointing 6 of the 7 Board of Governors of the Federal Reserve. Does this count as politicization of the Fed? The Fed has been politicized for a long time, Kranzler says.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he p...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
Discussed in this interview:03:06 David Morgan's reaction to the Nixon Shock of 1971.06:31 Chances for the return of the Gold Standard.10:08 Stock market exuberance a mirage?12:07 More debt today than in 2008.17:46 Bottom priced in for silver price?22:11 Commercials now long in silver.27:09 $100 silver still on the table?30:07 What if we are on a Silver Standard?33:28 View on cryptocurrencies.35:4...Read More
"We are told how everything is great, and we are in a global recovery. There is no global recovery. We reflated a debt bubble around the world. You can't borrow your way into prosperity anywhere. This is what the illusion is and that is everything is okay, but it's not."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before...Read More
America's debt crisis has been steadily rising over the past decade, and household debt has risen for the 16th straight quarter.Continue...Read More
"We have eliminated this gossypol from the seed without affecting its levels in other parts of the plant. With the toxin removed from the cottonseed, it canContinue...Read More
The sell-off on Tuesday didn't weigh on the scale of sell-offs: The Dow, the S&P 500, and the Nasdaq were down only around 0.5%, give or take a little. But in the broaderContinue...Read More
The price action in palladium is eerily reminiscent of early 2001, and this could have major implications for gold and silver in the months ahead.Continue...Read More
Continue...Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 1...Read More
*This interview was recorded on 10/23/18Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. He has testified before con...Read More
Bix says if you believe in the monetary metals, there is no reason to hold gold as silver will give you 50 times the performance. Here's why...by Bix Weir from Road to RootaThe long abused silver and gold bugs are hanging on for dear life due to the MASSIVE price manipulation from the Exchange Stabilization Fund manager Steve Mnuchin. Keep the Faith!Read More
* Beijing seeks ways to reduce its dependence on U.S. soybeans* India industry welcomes move but says process still lengthy* Rapeseed futures in India jump on the news(Adds detail, background)By Hallie Gu and Rajendra JadhavBEIJING/MUMBAI, Oct 22 (Reuters) - China has dropped a years-long ban on rapeseed meal imports from India as the government seeks to diversify sources of protein used in animal...Read More
* NSE index down 0.57 pct; BSE index 0.53 lower* Reliance Industries sinks 3.5 pctOct 22 (Reuters) - Indian shares fell for the third consecutive session on Monday, weighed down by index heavyweight Reliance Industries Ltd RELI.NS as macro concerns, including higher crude prices and liquidity crunch, hurt the trading sentiment.While the benchmark BSE index .BSESN closed down 0.53 percent at 34,1...Read More
* Saudi Arabia says to raise output to 11 million bpd* Sanctions against Iran oil exports to start Nov. 4 (Adds fresh comment, latest prices; changes byline, dateline, previous LONDON)By Scott DiSavinoNEW YORK, Oct 22 (Reuters) - Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before U.S. sanc...Read More
* FTSE 100 down 0.1 pct, mid-caps down 0.2 pct* NM Health jumps most in more than a year on earnings* Higher metals prices lift mining stocks* Lloyds lifted by report of big share buyback (Adds details, updates prices)LONDON, Oct 22 (Reuters) - Britain's blue-chip share index gave up earlier gains and slipped into negative territory on Monday in see-saw trade as lower oil prices pressured energy s...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.5 pct, mid-caps up 0.2 pct* NM Health jumps more than 7 pct on earnings* Higher metals prices lift mining stocksLONDON, Oct 22 (Reuters) - Britain's blue-chip share index was higher on Monday as a weaker U.S. dollar boosted commodities companies while positive results boosted NMC Health NMC.L .The FTSE 100 .FTS...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesIt raised the platinum production guidance to 2.45-2.5 million ounces from the previous 2.4-2.45Moz due to strong performances across the portfolio. It also tightened the palladium guidance from...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesThe Mengapur project on the Central Belt of the Malay Peninsula now hosts an indicated resource of 39.5 mi...Read More
Look beyond market approach to project valuations: van ZylLeadershipGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesOne simple solution to optimize your underground operationSPONSOREDkomatsu The notes have about US$439.2 million outstanding.Lundin also announced a revamped c...Read More