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
Prices for carbon steel plate in the United States jumped after buyers realized that they will need to wait until later in the first quarter of 2021 for spot material. Fastmarkets' weekly price assessment for steel cut-to-length plate carbon grade, fob mill US climbed to $36.50 per hundredweight ($730 per short ton) on Friday December 11 from $35 per cwt on December 4. The assessment has now gaine...Read More
Transaction prices for domestic steel hot-rolled coil continued to rise across Europe in the week to Friday December 11, due to tight supply from both domestic and overseas suppliers and solid demand.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?606.25 ($734.19) per tonne on Friday, up by ?,?31.25 per tonne week on week and by ?,?81.75 per tonne...Read More
The domestic price for rebar in Brazil increased for the sixth month in a row in December, with limited supply and persistently increasing demand continuing to support this year's price uptrend.Fastmarkets' price assessment of steel reinforcing bar (rebar), domestic, monthly, delivered Brazil, was 3,800-3,945 Reais ($750-778) per tonne on Friday December 11, a 7.6% increase from 3,515-3,680 Reais...Read More
Egyptian rebar producers added E ?100-154 ($6.35-9.78) per tonne to their prices - in effect from Monday December 14 - sources told Fastmarkets.Producers are now offering rebar at E ?12,450-12,465 ($791-804) per tonne ex-works including 14% VAT, rising from E ?11,450-11,600 per tonne including VAT previously, market participants said.The last time prices changed was on December 7, while the latest...Read More
The domestic steel rebar price in Russia's Central Federal District around Moscow has jumped in the week to Monday December 14, pushed by shortages and strong export markets, sources told Fastmarkets. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia was 55,000 roubles per tonne including 20% value-added tax on Monday, up from 42,000-44,000 r...Read More
Turkish deep-sea scrap import prices have continued to increase, reaching their highest point since August 2012 with a fresh Baltic Sea cargo traded over the weekend, sources said on Monday December 14.A steel mill in the Marmara region booked the Baltic Sea cargo, consisting of HMS 1&2 (80:20) at $419 per tonne and shredded at $429 per tonne cfr. The cargo composition was not clear at the time of...Read More
Seaborne iron ore prices fell on Monday December 14 after steelmakers in China called on authorities to clamp down on price speculation after it led iron ore prices to surge to multi-year highs last week, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $154.37 per tonne, down $5.76 per tonne62% Fe low-alumina fines, cfr Qingdao: $154.71 per tonne, down $5.70 per to...Read More
Jeff Snider is head of global investment research for Alhambra Investment Partners, a registered investment advisory based in Palmetto Bay, Florida. As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra's client base. Jeff is published nationally at RealClearMarkets, ZeroHedge, Minyanville a...Read More
To know more from Steven visit: https://stevenvanmetre.com/TOPICS IN THIS INTERVIEW:-Recent decline in dollar is people not spending printed dollars.-Stimulus and QE are NOT money printing.-Why is real estate booming? We're in a bubble.-Some people aren't even selling their properties.-Bitcoin rise is impressive. Risk or defensive asset.-Either or, Bitcoin on cusp of double top or one heck of a br...Read More
Greg covers everything, from commodities to bitcoin and gold, from EMG currencies to base metals, from the US stock market to the US Labor market, from the Fed to the bond market, and of course, the energy markets!*The interview begins at 50:40Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Met...Read More
Portfolio manager Michael Pento says the pre-COVID financial system was not normal. He runs down why the vaccines are not a cure-all and the risks for the future. However, for the next six months, Michael is bearish because he sees a short term rise in real interest rates. he is bullish on gold long term because he sees a slow down in economic growth again mid-2021.Michael addresses supposed gold...Read More
Gold investors are prone to making common mistakes that can be detrimental to a portfolio, including excessive diversification, picking companies that don't adhere to an investment objective, and not sticking with management teams with proven track records, said Rick Rule, president of Sprott U.S. "If I had just hung out with the Ross Beatys, the Bob Quartermains, the Robert Friedlands, the Lukas...Read More
A recent report from JPMorgan found institutional investors are flocking to bitcoin and leaving gold out to dry- so, is the yellow metal dying? Bitcoin, which has rallied over 150% this year, has greatly outpaced other assets, including the Dow and gold. The Grayscale Bitcoin Trust has seen inflows of almost $2 billion since October, compared with outflows of $7 billion for exchange-traded funds b...Read More
Returning guest this week on Retirement Lifestyle Advocates radio, John Williams and your host Dennis Tubbergen discuss this trend and others that are leading up to a declining economy and rising inflation. Mr. Williams is a consulting economist who maintains the website Shadow Stats.com. He tracks and reports economic data using the methodologies formerly used by government agencies prior to chan...Read More
Doug answers your questions from his home in Uruguay. Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodi...Read More
According to precious metals expert Ted Butler, $1950 on gold is the line of demarcation. That's when the Technical Funds jump in with two feet and start buying up every available ounce. The banks are short and underwater by at least $10 billion. They either have to deliver the metals or buy back the position. $350 million ounces of silver is too tall an order to fill. The last thing they really w...Read More
Libertarian educator Tom Woods famously quipped that "no matter who you vote for you end up with John McCain." Unfortunately Woods was proven right for about the thousandth time this past week, as Washington again showed us that it is all about war.First, we learned that if Joe Biden ends up in the White House next month he intends to put a deep state member of the military-industrial complex in c...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Most bars and restaurants around the U.S. should "sadly" be closed (bankrupted) to slow down infection rates, according to Gates. Continue...Read More
Here's how the media wants you to think. Having trouble interpreting what's really going on in the world? Of course you can always trust the media to lead the way to the promised land of truth. Read More