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 domestic steel rebar market in Poland has been "frozen" over the past week due to a slowdown in end-user demand amid bad weather conditions, but with a rebound expected in March, sources told Fastmarkets on Friday February 19.Construction activity in Poland has been very slow over the past fortnight due to the weather, and this has had the expected negative effect on rebar demand, sources said...Read More
China's domestic rebar prices rose further on Friday February 19 albeit at a slower pace amid low trading activity. DomesticEastern China (Shanghai): 4,470-4,500 yuan ($692-696) per tonne, up by 20 per tonne Northern China (Beijing) - weekly assessment: 4,330-4,370 yuan per tonne, up by 210-220 per tonne from February 5 More sellers returned to work during the day, but end users are still on holid...Read More
Ferrous scrap prices in the key global markets have gone up in the week to Friday February 19 with stronger steel demand following the return of market participants from China's Lunar New Year holiday.Turkish steel mills resumed their deep-sea scrap purchases at higher pricesUS ferrous scrap exporters seek higher pricesPost-holiday rebound in steel trade drives up scrap import prices in VietnamUpt...Read More
The cost of austenitic alloy steel scrap in the UK and Europe increased again over the past week on higher nickel costs, sources told Fastmarkets on Friday February 19.Fastmarkets' weekly price assessment for stainless steel scrap 18/8 solids, domestic, delivered merchants UK, was ?1,150-1,200 ($1,601-1,670) per tonne on Friday, an increase of ?20 per tonne week on...Read More
The pig iron import market in the United States improved during the week to Friday February 19 on a bullish attitude among suppliers.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $510-520 per tonne on Friday, widening upward from $510 per tonne a week earlier.One large pig iron buyer purchased a cargo for April shipment from...Read More
Prices for secondary steel billet in India surged by 3,600 rupees ($49) per tonne in the week to Friday February 19 on increased demand across the country and the likely continuation of power shortages in central India's major hubs for secondary steelmaking.Fastmarkets' price assessment for steel billet, domestic, ex-works India, was up on Friday to 37,400-37,600 rupees ($514-517) per tonne compar...Read More
Export offers for billet from the Commonwealth of Independent States picked up again by the end of the week amid positive sentiment in the market. Import scrap prices in Turkey have continued to grow, and - along with an expected rise in semi-finished and long steel prices in China after the Lunar New Year holidays - was the main factor for the optimistic mood of CIS suppliers. Fastmarkets' daily...Read More
Chinese consumers have re-entered the market for imported cargoes of steel billet over the week ended Friday February 19, following the country's Lunar New Year holiday, closing deals at higher prices.Sales to China of Indonesia-origin blast furnace (BF) 150mm billet started the week at $565 per tonne cfr, with prices rising progressively each day.Transactions for 3sp Indonesian billet started at...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Marc Cohodes of Alder Lane Farm has made a living putting bad people behind bars. In this interview with our Daniela Cambone, he speaks candidly about the true culprits behind the GameStop saga. "The stock market is not a game, it's a serious thing for serious people," Cohodes says. The famed short seller explains that hedge funds like Point72 and Melvin Capital are creating significant systemic r...Read More
0:00?EUR< - Gold vs. U.S. dollar1:21?EUR< - Gold sentiment4:28?EUR< - Macroeconomic picture7:11?EUR< - Commodity cycles8:50?EUR< - Warren Buffett liquidating Barrick shares13:10?EUR< - Silver vs gold in 2021Rising yields and a stronger dollar from earlier this week have put pressure on gold, but the long-term macroeconomic fundamentals have not changed for the metal's bullish outlook, said Peter H...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Author and analyst Danielle DiMartino Booth joins us to answer your questions about Fed policy, the economy, interest rates and gold.Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
Fellow survivor Rob Kirby joined me for a talk about the current financial woes. The dollar has already used up 8 of its 9 lives and has done so recklessly. When we speak of the demise of the dollar, we're in a crypto-currency contagion. It looks bubblicious. To Rob's eyes cryptos are doing exactly what gold and silver have not been allowed to do. We're experiencing hyper-inflation in cryptos, sto...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
*This interview first premiered on February 7th as part of the 2021 Liferaft Event0:00?EUR< Intro1:10?EUR< Navigating Market Chaos5:08?EUR< Investing in 20217:00?EUR< Silver & Inflation Scare13:52?EUR<16:55?EUR< FED Created Zombie Companies21:58?EUR< USD & CurrenciesDanielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years a...Read More
Chris Vermeulen from http://TheTechnicalTraders.com?EUR< says silver could move towards $40 within months and predicts the real silver squeeze is yet to come. 0:00?EUR< Intro1:31?EUR< #SilverSqueeze?EUR< Hasn't Even Started4:20?EUR< Silver to become mainstream5:46?EUR< Why silver now?7:04?EUR< Physical vs. paper demand9:07?EUR< $2400 gold11:01?EUR< $40 silver13:55?EUR< New bull in platinum15:41?EU...Read More
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More
I told you so folks. I told you so when the curve turned and I put forward a revised model in November for immunity in this county, which I presented to the County Commission and to our Mayor.Continue...Read More