Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

The Turkish steel producers largely slowed down their deep-sea booking activity after the latest spike in the prices, sources said on Tuesday December 8.A steel mill in the Marmara region was heard booking a Baltic Sea cargo at $370 per tonne cfr for 14,000 tonnes of HMS 1&2 (80:20).But the supplier was not a traditional one and several market participants believed that the cargo would not be repr...Read More

The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.Although there are some potential headwinds - political tensions between the United States and China, a no-deal Brexit and a correction in equity prices as harder lockdowns are forced on pop...Read More

Monthly Chinese custom data compiled by Fastmarkets showed lithium carbonate imports in China for October were at their highest level in at least seven years.The spike in Chinese imports of lithium carbonate reflected the uptrend in the country's spot market as well as stock building by key suppliers in the country in preparation for a price recovery and increased demand, Fastmarkets understands....Read More

Clothes are back in fashion. I know, it sounds preposterous. But it's true. It would seem that people like to buy fancy duds to impress other people.In fact, not two weeks ago, I complimented a co-worker's outfit. But it turned out that the hardworking person in question, who is unequaled in professionalism, had in fact signed up for Stitch Fix (NASDAQ: SFIX) - a public company that is traded on t...Read More

Montem Resources Limited (ASX:MR1) is a steelmaking, coal development company, operating in the Crowsnest Pass district, in southern Alberta, Canada. The Company is planning an integrated mining complex in the Crowsnest Pass, focusing on low-cost development of open-cut mines that leverage access to major infrastructure. The Company's Managing Director and CEO, Peter Doyle's current focus is on re...Read More

Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More

The price of domestic hot-rolled coil in Northern Europe inched further upward day-on-day on Tuesday December 8, due to scarce supply from both domestic and overseas producers, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?577.50 ($700.04) per tonne on Tuesday, up by ?,?0.83 per tonne from ?,?576.67 per tonne on December...Read More

Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia have gone up over the past week because of globally strong demand, sources said on December 8.The UAE was on national holidays on December 1-3, so buyers had only recently returned to the market.But demand within the country was moderate because recent price increases had been too sharp for buyers to accept, and they wante...Read More

European distributors of flat steel products have reported a 3.3% year-on-year rise in shipment volumes during October 2020, regional steel industry association Eurometal said on Tuesday December 8.Over the first 10 months of 2020, however, flat steel distributors' shipments dropped by 14.0% year-on-year.Eurometal did not disclose individual product volumes.Fastmarkets calculated its daily steel h...Read More

Steel billet and rebar prices in the United Arab Emirates increased this week while demand was strong, sources said on Tuesday December 8.Domestic rebarThe country's steel producers were offering rebar at 1,985 dirhams ($540) per tonne ex-works for orders to be produced in December before closing their order books and should announce new prices soon, sources said.Market participants in the UA...Read More

The export market for long steel products from the Commonwealth of Independent States (CIS) went up again during the week to Monday December 7 amid strong billet prices and higher offers, sources told Fastmarkets.Thus, Fastmarkets' weekly price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS was $600-620 per tonne on Monday, up by $20 per tonne from $580-600 per...Read More

Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More

Ferrous scrap prices in Mexico's main markets continued to rise in the week ended Friday December 4, with both regions assessed by Fastmarkets registering increases after clients accepted higher offers in order to maintain supply.Market participants reported price increases in a wide range of 50-600 pesos per tonne ($2-30 per tonne), depending on the customer.Fastmarkets assessed the steel sc...Read More

The Turkish steel producers largely slowed down their deep-sea booking activity after the latest spike in the prices, sources said on Tuesday December 8.A steel mill in the Marmara region was heard booking a Baltic Sea cargo at $370 per tonne cfr for 14,000 tonnes of HMS 1&2 (80:20).But the supplier was not a traditional one and several market participants believed that the cargo would not be repr...Read More

The price of steel billet from the Commonwealth of Independent States (CIS) exported via the Black Sea increased sharply this week on a deal heard to Peru, with offers rising amid a shortage of supply, Fastmarkets heard on Tuesday December 8.The booking to Peru was heard at $520 per tonne fob Black Sea and was understood to have been concluded on December 7 for a volume of 10,000 tonnes, although...Read More

Here today we review various cat videos and mascara tips. Just kidding. I review the most circumstances around the recent video which was censored by Youtube. But I can't say anything more than that because, you know, freedom. Or whatever.If you want to be sure to continue following me and my work, make it a habit of stopping by Peakprosperity.com. My material will always be available there.Thank...Read More

Is Bitcoin diverting capital away from the gold and silver markets? Why does Mike own cryptocurrencies, and when did he start buying them? Why does Mike believe that anyone who owns only cryptos is in a 'fragile' position? How do you become 'anti-fragile'? Join Mike Maloney and Jeff Clark as they discuss these questions and more in today's update. Jeff Clark is editor and lead writer of BIG GOLD,...Read More

Concerns are mounting about the competing Covid vaccinations, as the UK reports it may inject a cocktail of two different vaccines and the FDA warns of "severe adverse reactions' after dose two of the Pfizer vaccine. Polls suggest that Americans are not all eager to stand in line for the shot. Will they be forced? Also today: Are the hospitals really filling up? Respected Coronavirus Task Force Me...Read More

Texas just filed a lawsuit and asked the SCOTUS to block four states from participating in the Electoral College based on the fact that these states did not follow their own state laws for Presidential election, including Pennsylvania's and Georgia's refusal to verify signatures on mail-in ballots as was required by state laws.Read More

0:00 - Stock market bubble3:46 - Vaccine impact on markets5:35 - Debt and markets7:08 - "Hated" assets7:54 - Tech stocks9:30 - Chinese wine stocks10:52 - Commodities13:07 - Gold15:24 - Monetary policyThere's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings."Many sto...Read More