Israel Closes Airspace Near Syria Border Ahead Of Netanyahu Speech With "Dramatic News About Iran"; Oil Surges

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Moments ago, Israel’s Channel10 reported that Netanyahu is set to make “significant” televised announcement on Iran on Monday evening at 8pm local time (5pm GMT) in what his office said would be “dramatic news about Iran” and “significant development regarding” the Iran nuclear agreement and which will reportedly influence the world. מדובר במאגר מסמכים ענק… Read More

Why Gold & Silver Won’t Crash Along With The Stock Markets

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When it comes to what happens during the next major market correction-crash, we can count on that “this time will be different” for the gold and silver prices.  While many precious metals investors believe that gold and silver will crash along with the broader markets, the charts and data suggest the opposite. In my newest…… Read More

Friday Evening Links

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[Reuters] Wall Street flat as earnings offset inflation jitters [Bloomberg] FANG Stocks Save the Week [Bloomberg] Europe and the U.S. Teeter on the Brink of a Trade War [Bloomberg] World’s Central Banks Just Can’t Quit on Currency Intervention [Reuters] Despite warmth, Merkel and Trump still differ on trade and NATO [Reuters] Trump says ‘Iran will not be doing nuclear weapons’ Source:… Read More

Vanadium producer Bushveld Minerals blasts off

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The share price of Bushveld Minerals – the London-listed junior miner which operates the Vametco vanadium mine in South Africa – has more than doubled since mid -March and Bushveld’s March quarter report shows why. Bushveld shares have soared from 8.55p on March 12 to 20.3p currently pushing the group’s market capitalisation to £216m equivalent… Read More

U.S. Exports Nearly All Gold Mine Supply To Hong Kong

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The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply.  According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month.  This was an interesting increase in gold demand from Hong Kong as the…… Read More

Thursday Afternoon Links

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[Reuters] Wall Street gains on strong earnings, tech resurgence [CNBC] Amazon jumps after smashing earnings [Reuters] White House adviser Kudlow says China trade talks ‘long process’ [CNBC] With debt at $21 trillion and growing, ratings agencies still give US highest marks [Reuters] Understanding Kim: Inside the U.S. effort to profile the secretive North Korean leader Source: creditbubblebulletin.blogspot.com

Marijuana Kills

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By Justin Spittler, editor, Casey Daily Dispatch Marijuana kills. Not people, obviously. There’s never been a single recorded marijuana overdose death ever. Not one. I’m talking about the competitors. But just who are marijuana’s competitors? Well, that’s a tricky question. You see, marijuana doesn’t just get people high. It’s also medicine. And it has industrial… Read More

Russia's Nornickel cuts 2018 output forecast for copper project

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MOSCOW, April 26 (Reuters) – Russia’s Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal,… Read More

“Buy [XXX XXXXXX] Now!”

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This post “Buy [XXX XXXXXX] Now!” appeared first on Daily Reckoning. Buy oil stocks now! That’s what DoubleLine Capital’s Jeff Gundlach recommended on stage during the closely watched Ira Sohn Investment Conference earlier this week. For a few months now, Gundlach has been making a bullish case for commodities in general. In fact, bullish may… Read More

Russia To Send Advanced Anti-Aircraft Missiles To Syria, Warns Israel Of "Catastrophic Consequences"

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Israel continues ratcheting up its rhetoric this week in response to Russia’s Defense Ministry signaling it will likely move forward in arming Syria with the advanced S-300 missile defense system, bringing both Israeli and Lebanese airspace to within targeting range of Syrian missiles.  On Tuesday Israeli Defense Minister Avigdor Lieberman said in unambiguous terms that his… Read More

A Recession by 2020?

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The current situation with the proposed tariffs between China and the US is somewhere in between a trade war and negotiation tactics. We’ll call it a “trade battle” because we don’t know what the end game of this war of words and proposals will lead to. Both sides are dependent on one another; since their… Read More

The Reemergence of Scooter Libby

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If you came of age around the turn of the century, as I did, your political consciousness began roughly around the time of the 2000 election, which ended with the farcical Florida recount, the “Brooks Brothers riot,” and Bush v. Gore. Within a few years followed the Iraq War, the revival of torture, the politicized… Read More

WTI/RBOB Slide After Surprise Crude, Gasoline Builds; Record Production

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WTI/RBOB prices have gone nowhere since  API reported a surprise crude build, but after last week’s across the board inventory draws, DOE reported surprise builds in crude and gasoline inventories and production hit a new record high, sending  prices lower. Bloomberg Intelligence’s Senior Energy Analyst Vince Piazza noted before the data hit that, propelled by… Read More