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 steel billet and rebar markets in the United Arab Emirates remained quiet in the week to Tuesday, February 23, with buyers expecting prices to increase, sources told Fastmarkets."If the prices will increase is not the question," a trader said, "[but rather] by how much will prices increase?" Rebar producers in the UAE are expected to announce new prices soon and buyers have been in wait-a...Read More
A sustained rally in oil prices has contributed to a recent spike in freight rates for bulk shipments of steel products, sources told Fastmarkets on Tuesday February 23.Brent crude oil prices have risen by 74.5% since late October 2020 and even surpassed $65 per barrel on February 22, making the fueling of a vessel an increasingly expensive task.Waning bulk vessel availability is exacerbating the...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 23 that are worth another look.A sustained rally in oil prices has contributed to a recent spike in freight rates for bulk shipments of steel products, sources told Fastmarkets on February 23.Industry association Verband Deutscher Metallh??ndler (VDM)...Read More
Steel scrap prices in Mexico resumed their downtrend in the week ended Friday February 19, especially in obsolete grades, with deals reported at lower prices because of energy and gas shortages in the country.A wide range of price cuts were reported, depending on volumes and grades. Most market participants saw price reductions of 300-600 pesos ($15-29) per tonne during the week, while some buyers...Read More
Turkish deep-sea scrap import prices have continued to strengthen in line with increased demand and rising freight costs, market sources said on Tuesday February 23.The most recent transaction was on February 20, when a steel producer in northern Turkey booked a US cargo at prices of $440 per tonne for shredded and $445 per tonne cfr for bonus.The transaction raised the daily scrap indices by more...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 23 that are worth another look.A sustained rally in oil prices has contributed to a recent spike in freight rates for bulk shipments of steel products, sources told Fastmarkets on February 23.Industry association Verband Deutscher Metallh??ndler (VDM)...Read More
Export prices for steel billet from the Commonwealth of Independent States surged on Tuesday February 23, with several cargoes sold at higher prices to Turkey.Turkish customers accepted price increases for billet because of the continuing uptrend in the sector, based on import scrap and local billet prices.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turk...Read More
Is something big coming in the silver market? Join Mike Maloney and Jeff Clark as they discuss recent events and what they may mean in the near future for silver investors.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediate...Read More
On a technical basis, the sentiment for gold is undeniably bearish, said Gary Wagner, editor of TheGoldForecast.com. 0:00?EUR< - Monetary policy and the economy9:09?EUR< - Trading sentiment Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer o...Read More
This tension-filled silver delivery period on the COMEX is drawing nearer, and to find out the latest update of what's going on in the physical silver market, Andy Schectman joins me on the show.To find out more, click to watch the video now!David H. Smith is senior analyst for The Morgan Report, and a ghostwriter. Smith has visited and written about properties in Argentina, Chile, Mexico, Bolivia...Read More
Blog: https://www.itmtrading.com/blog/yelle...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as...Read More
In today's episode, we discuss the radical gun legislation introduced recently. Link to the pending legislation: https://www.congress.gov/bill/117th-c...?>>?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 financ...Read More
Volatility is built into the "DNA" of cryptocurrencies; investors and traders should not worry about the price drops earlier this week, said Frank Holmes, executive chairman of HIVE Blockchain Technologies. Speaking on Ethereum and DeFi, Holmes said "I think that this is a phenomenal industry, and there's going to be many new derivatives come from it, and it has nothing but blue sky, but extremely...Read More
A sustained rally in oil prices has contributed to a recent spike in freight rates for bulk shipments of steel products, sources told Fastmarkets on Tuesday February 23.Brent crude oil prices have risen by 74.5% since late October 2020 and even surpassed $65 per barrel on February 22, making the fueling of a vessel an increasingly expensive task.Waning bulk vessel availability is exacerbating the...Read More
0:00?EUR< Introduction1:16?EUR< Michael's momentum structural analysis approach4:54?EUR< Gold price7:49?EUR< Move into gold a fear trade?9:49?EUR< What does world look like when gold is $9k/oz?12:35?EUR< Stock market to drop but not crash18:35?EUR< "Silver is now the leader"20:10?EUR< Silver at least $200/oz or higher21:18?EUR< "This is not just another gold bull market"23:23?EUR< Gold and silver...Read More
In this Jim Rogers Gold 2021 video, Jim warns about that effect that enormous money printing is having on asset price inflation and why everyone should buy gold and silver as an insurance policy. Jim recommends that the best way to buy gold and silver is to own and store physical gold and silver coins and bars. Although he believes that there are bubbles in various stock markets, bond markets and...Read More
The Sprott Physical Silver Trust (PSLV) had enormous trading volume of units on Monday, February 22nd, 2021 of over 24 million units and in only the last 5 days another 8 million ounces of physical silver has been bought by PSLV making another new all time high for physical silver held by the trust.Also, almost 30 million ounces of silver has been bought by PSLV now in under 5 weeks!Jason Burack i...Read More
Max interviews Mitch Feierstein of Planet Ponzi about his thoughts on Stan Druckenmiller going "very, very short on dollar" and if the time is finally right for Japan after a decades-long deflation. Mitch Feierstein is the founder of PlanetPonzi.com and a highly successful hedge-fund manager and CEO of the Glacier Environmental Fund Limited. Prior to this he was Senior Portfolio Manager of the Che...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Former bank president and head of research at GoldMoney.com, Alasdair Macleod, returns to Liberty and Finance to offer an update on skyrocketing BitCoin as a mirror of the faltering USD, foreshadowing silver as the next truth serum on deck. Alasdair also delivers a blistering expose of the physical shortfall of metals and the plight of GLD and similar funds. Viewers' questions are also a hot topic...Read More