By James Rickards This post Markets Await Trump’s Decision on Fed Chair appeared first on Daily Reckoning. President Trump is expected to nominate the next Federal Reserve chair within a matter of days. As I’ve explained before, Donald Trump has the opportunity to appoint a higher percentage of the Board of Governors of the Federal […]
Markets Await Trump’s Decision on Fed Chair Read More »
By Brian Maher This post Next Week Could Decide Trump’s Presidency appeared first on Daily Reckoning. Donald Trump says he’s “very, very close” to making a decision… The president is expected to nominate the next Federal Reserve chairman before winging off to Asia next week. Could his selection determine the outcome of his presidency? And
Next Week Could Decide Trump’s Presidency Read More »
By Matthew Carr A friend of mine told me they were starting their diet as soon as Halloween was over. I stifled a laugh. This is not the time of year for dieting! After Halloween, it’s only a few weeks until Thanksgiving… then Christmas… then New Year’s… then the Super Bowl… then Valentine’s Day. The
Investing in the World’s Most Popular Drinks Read More »
By Keith Weiner Amassing Unproductive Debt Last week, we discussed the marginal productivity of debt. This is how much each newly-borrowed dollar adds to GDP. And ever since the interest rate began its falling trend in 1981, marginal productivity of debt has tightly correlated with interest. The lower the interest rate, the less productive additional
Falling Interest Rates Read More »
By Keith Weiner Chart Patterns The prices of the metals dropped $20 and $0.39, a downhill slide interrupted on Thursday by speculation fueled by some economic data (as we covered in our special report), and which resumed on Friday. Gold over the past two years. The blue rectangle outlines the pattern discussed below. It doesn’t
Precious Metals Supply and Demand Read More »
By Jordan Roy-Byrne CMT, MFTA Jordan Roy-Byrne offers his insights regarding the role of technical analysis in junior resource investing. Jordan is the editor and publisher of TheDailyGold.com and The Daily Gold Premium. He is the author of the 2015 book “The Coming Renewal of Gold’s Secular Bull Market” and the host of The Daily
Interview with Mining Stock Education: Role of Technical Analysis Read More »
By analyst By Valentina Ruiz Leotaud Caterpillar (NYSE: CAT) announced today that it sold $11.4 billion in the third quarter of the year and therefore crushed its previous estimates, and that it also raised its full-year forecast for sales and earnings, expecting revenue in its mining business to jump ~30% and construction business to surge
Caterpillar sales growing faster than predicted Read More »
By Brian Maher This post Trump Vows to Save Americans From Congress appeared first on Daily Reckoning. Reports surfaced Friday that Republican lawmakers are fixing to tamper with a popular tax provision… If rumors are to be credited, the proposal would cap the annual contributions Americans can make to tax-deferred 401(k) retirement plans. These contributions
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By analyst By Frik Els Roy Cimatu, Philippines environment and natural resources minister, said on Tuesday he is hopeful that a ban on open-pit mining put in place by his predecessor would be lifted before the end of the year. Cimatu, a former military chief who replaced staunch environmentalist Regina Lopez in May and was
Philippines open pit mining ban could be lifted before year end Read More »
By analyst By Frik Els According to Chinese customs data released on Tuesday, the country imported 512,000 tonnes of coal – mainly the steelmaking variety – from North Korea in September. Volumes were down 71.6% from the same month last year as Beijing institutes the latest round of UN sanctions on the rogue regime. While
Chinese coal imports from North Korea plummet Read More »
