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

Brazilian flat steel producers have applied price increases of around 15% on sales to distributors, motivated by high raw materials costs and sustained higher steel prices globally. The increase is in addition to the 10% rise in prices applied in December by most steelmakers.Fastmarkets' monthly price assessment for steel hot-rolled coil, domestic, monthly, exw Brazil was 5,080-5,10...Read More

The prospects for the global long-steel market for the first quarter of 2021 remained rather optimistic, with upward momentum in pricing expected to continue, supported by short supply, although the outlook for the second quarter was unclear, the International Rebar Producers & Exporters Association (Irepas) said last week.Overall, regional markets across the globe performed well in the fourth qua...Read More

Brazilian domestic rebar prices reached a new record high once again in early January, after steelmakers increased their offers by 12-12.5%, market participants told Fastmarkets.Sources reported persistent low availability from mills, long lead times and no room for discounts. Most suppliers, they said, were offering and selling at similar, higher prices.Fastmarkets' price assessment for ...Read More

The domestic rebar market in Russia's Central Federal District around Moscow was quiet in the week to January 11 with market activity slowly starting to recover after the holiday break and most producers expecting to issue new prices for January deliveries later this week, several sources told Fastmarkets.Most major rebar producers in the region were yet to announce new offers for rebar in the dom...Read More

CEO of U.S. Global Investors Frank Holmes predicts $4,000 gold because Modern Monetary Theory is leading central bankers around the world to expand the money supply. He sees the Federal Reserve's balance sheet in this crisis will rise to $10 trillion.Frank sees the gold/silver ratio falling to 50/1. Today, it is around 70/1. Frank Holmes is the CEO and chief investment officer of U.S. Global Inves...Read More

In this Outlook 2021 interview, Daniela Cambone speaks with Trends Journal founder Gerald Celente about his top trends for the new year. Celente talks a bitcoin correction, mayhem on the streets of America, a fake financial recovery, and how China will overtake the U.S. Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bests...Read More

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a...Read More

Financial writer and precious metals expert Bill Holter says the biggest debt bubble in history is going to skyrocket the price of gold. If you divide the U.S. national debt by the amount of ounces the U.S. Treasury says it holds, you get an astounding "$100,000 per ounce price for gold."Holter says, "Get solar panels, generators or whatever. Put back some food. Expect the system to go down becaus...Read More

DoubleLine Capital's Jeffrey Gundlach and his special guests hold the second annual edition of Round Table Prime, recorded Jan. 5, 2021. Joining Mr. Gundlach are Danielle DiMartino Booth, CEO and chief strategist of Quill Intelligence; James Bianco, president and macro strategist of Bianco Research; Edward Hyman, chairman and head of economic research at Evercore ISI; and David Rosenberg, presiden...Read More

In this episode, Doug responds to the recent protests and the "hand in hand" coordination between tech and government. We tried some new software today to address the low bandwidth at Doug's Uruguay home. There was a delay that makes the conversation disjointed, IMO. Let us know what you think.00:00:00 Intro1:47 Giving up the freedom of the press3:30 Breakup is inevitable4:10 Double standard6:24 C...Read More

The 10-year U.S. Treasury yield remained higher than the 1.1% mark on Monday morning, after President-elect Joe Biden on Friday promised further economic stimulus that would be "in the trillions of dollars." Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss why he thinks this rise is a sign investors must...Read More

1. Markets are pulling back this morning after a turbulent weekend of geopolitical events. Obviously, Twitter (TWTR) and Facebook (FB) are the two stocks under some pressure today after banning President Trump and countless conservative voices from their platforms. Amazon Web Services also removed conservative app Parler from its servers. This is really unbelievable to see things like this happen...Read More

Last week's massive social media purges - starting with President Trump's permanent ban from Twitter and other outlets - was shocking and chilling, particularly to those of us who value free expression and the free exchange of ideas. The justifications given for the silencing of wide swaths of public opinion made no sense and the process was anything but transparent. Nowhere in President Trump's t...Read More

I seriously doubt that we will ever be able to voteContinue...Read More

Pelosi's frantic rush to impeach a president who has 10 days left is absurd. When people were pleading for help and the Black Lives Matter/Antifa groups were burning down buildings and looting, Pelosi had no problem allowing that to happen. This frantic rush is to be able to claim that any evidence that comes out is fake and in retaliation for her impeachment. Perhaps she should look at her polls....Read More

The US ferrous scrap market has mostly settled for January, with market participants hinting that while tight No1 busheling may see continued upside in February, shredded scrap has become plentiful and has likely peaked.Detroit kicked off trading on Wednesday January 6, while activity in the Chicago market dragged into Monday January 11.Fastmarkets' assessments of the consumer buying prices f...Read More

Tim Pool weighs in on the massive infringements on freedom taking place as 2021 kicked off with a bang. Read More

"It is expected that there may be requirements from other countries to present vaccine documentation upon entry. A Danish vaccine passport can be used here," Continue...Read More

Turkish auto bundle scrap prices have gone down slightly over the past week in line with the strengthening of the country's lira against the US dollar, market sources said on Monday January 11.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with the stronger lira because mills buy most of their raw materials in dollars and sell their f...Read More

Sector expert Michael Ballanger ruminates on how the storming of the U.S. Capitol has affected both the American reputation and the precious metals markets, as well as on the value of "value." The events of this week are dominating the news cycle, with a sitting president days away from being replaced while Congressional and Senatorial leaders debate whether he should be impeached immediately. If...Read More