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NEW ENERGY MATERIALS MARKET REPORT 07/05: Cobalt complex softens on lack of inquiries

May 08, 2021 / www.metalbulletin.com

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More

Defiance Silver Corp. (DEF|TSX Venture Exchange; DNCVF|OTC; D4E|Frankfurt): Advancing its District-Scale Zacatecas Silver Projects, and Tepal Gold/Copper Project in Mexico; Chris Wright, Chairman and Douglas Cavey, VP Corp. Dev. Interviewed

May 05, 2021 / www.metalsnews.com

Defiance Silver Corp. (DEF|TSX Venture Exchange; DNCVF|OTC; D4E|Frankfurt) is an exploration company, advancing its district-scale Zacatecas Projects, located in the historic Zacatecas Silver District and the 100% owned Tepal Gold/Copper Project in Michoac??n State, Mexico. We learned from Chris Wright, who is Chairman of the Board of Defiance Silver, and also from Douglas Cavey, who is VP of Corp...Read More

Warren Buffett, Robinhood, and the New Paradigm for Creating Wealth in the 21st Century

May 06, 2021 / www.energyandcapital.com

At Berkshire Hathaway's (NYSE: BRK.B) (NYSE: BRK.A) annual meeting, Warren Buffett took a not-so-veiled swipe at Robinhood, basically likening it and its customers to casinos and degenerate gamblers.Buffett told investors that Robinhood has "become a very significant part of the casino aspect, the casino group, that has joined the stock market in the last year or year and a half."There is some tru...Read More

Anchorage of container ship from South Africa raises concerns for cobalt hydroxide shipments

May 08, 2021 / www.metalbulletin.com

Some cobalt hydroxide consumers in China have been warned by shipping companies of potential delays to shipments following an outbreak of Covid-19 infections on Italian container ship Ital Libera, market participants told Fastmarkets.The container ship, which was on a scheduled trip from Durban, South Africa, to Singapore, was forced to anchor at Jakarta, Indonesia, in mid-April after its captain...Read More

Power Profits in Biden's Energy Future

May 05, 2021 / www.energyandcapital.com

Sometimes an event triggers that can give the right investor a glimpse into the future.I'm not talking about reading tea leaves, writing obscure quatrains, having your palm read, or rolling a set of bones.In fact, one of those events took place last fall... Did you miss it?Don't feel bad if you did - you weren't alone. Investors everywhere missed it as well and, as usual, it passed right by the he...Read More

GLOBAL LITHIUM WRAP: Seaborne Asian carbonate price rises on tight availability

May 08, 2021 / www.metalbulletin.com

The battery-grade seaborne Asian lithium carbonate market continued to post gains over the week on Thursday May 6 amid tight spot availability.Battery-grade lithium carbonate price cif China, Japan and Korea widened upward. Lithium prices in China steady following Labor Day holiday. Europe/US lithium hydroxide prices rose for both battery-grade and technical grade material. Lithium prices in Asia...Read More

Indian mills raise domestic HRC price by $61-95 per tonne in May

May 08, 2021 / www.metalbulletin.com

Indian mills have increased domestic prices for steel hot-rolled coil by 4,500-7,000 rupees ($61-95) per tonne for sales this month, Fastmarkets heard on Friday May 7.Mills have also curtailed the supply of HRC to the domestic sector in order to ensure that the price increase will be absorbed by the market."Mills are supplying very little [HRC] material to the...Read More

EUROPE HRC: Domestic prices up; ArcelorMittal increases offers further

May 08, 2021 / www.metalbulletin.com

Domestic prices for hot-rolled coil increased across Europe on Friday May 7, and ArcelorMittal raised its offers even further, sources told Fastmarkets.Fastmarkets calculated its steel hot-rolled coil index, domestic, exw Northern Europe at ?,?1,042.00 ($1,254.34) per tonne on May 7, up by ?,?21.17 per tonne from ?,?1,020.83 per tonne on May 6.The index was up by ?,?34.86 per tonne week on we...Read More

NEWSBREAK: ArcelorMittal Europe raises HRC prices by $36/t

May 08, 2021 / www.metalbulletin.com

ArcelorMittal has again increased its official offer prices for hot-rolled coil in Europe by ?,?30 ($36) per tonne, sources told Fastmarkets on Friday May 7. The steelmaker had already increased its offers four times in April. After the rise, new offers for HRC have reached ?,?1,050 per tonne ex-works. ArcelorMittal, however, kept its offers for downstream products unchanged at ?,?1,200 per tonne...Read More

GCC to set definitive safeguard tariffs on steel products imports

May 08, 2021 / www.metalbulletin.com

The Gulf Cooperation Council (GCC) plans to set definitive safeguard duties for a number of steel products for a period of three years, it is said in a document issued by the Bureau of Technical Secretariat for Anti Injurious Practices in International Trade (GCC-TSAIP) seen by Fastmarkets on Friday May 7. In February this year, GCC-TSAIP said that it found recent and sudden increases in imports o...Read More

POLAND WIRE ROD: Prices keep rising amid strong demand, shortage

May 08, 2021 / www.metalbulletin.com

Domestic wire rod prices in Poland continued to increase over the past week, boosted by good demand and a shortage of material, Fastmarkets heard on Friday May 7.Fastmarkets' weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 3,180-3,200 zloty ($836-841) per tonne on Friday, up by 20-30 zloty from 3,150-3,180 zloty per tonne delivered last week.The assess...Read More

POLAND REBAR: Strong demand keeps pushing rebar prices upward

May 08, 2021 / www.metalbulletin.com

Steel rebar prices in Poland moved up over the past week, supported by solid end-user demand and limited supply, Fastmarkets heard on Friday May 7.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 2,970-3,020 zloty ($781-794) per tonne on Friday, up by 50-70 zloty per tonne from 2,900-2,970 zloty per tonne last week.The assessment reflected deals, of...Read More

US PIG IRON: Prices follow uptrend in global market

May 08, 2021 / www.metalbulletin.com

Pig iron import prices in the United States increased during the week to Friday May 7, following the uptrend in the global market.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $620-635 per tonne on Friday, up from $585-595 per tonne the previous week.A cargo of Brazil-origin pig iron with 0.12% phosphorus content was bought at about $630-635 per tonne cfr for Augu...Read More

UK STEEL SCRAP WEEKLY: Light iron market resumes rally on strong exports

May 08, 2021 / www.metalbulletin.com

Prices for inter-merchant light iron scrap in the UK increased over the week ended Friday May 7, extending a general rally since late March, sources have told Fastmarkets.The market was likely to move higher, they added, given strong business conditions for European scrap exports into Turkey and the Indian subcontinent.UK monthly deliveries into domestic consumers in May were likely to be settled...Read More

Dr. Marc Faber and Yra Harris on the Economy, Geopolitical Risks and Investing

May 07, 2021 / marketsanity.com

?>>?http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an...Read More

Jim Bianco: how investors can take advantage of the DeFi Revolution that is upon us

May 07, 2021 / marketsanity.com

The DeFi Revolution is upon us, at least according to Jim Bianco. For many years, I've looked up to Jim and the work he's been doing at Bianco Research and, in fact, he's the one who first inspired me to rip through hundreds of charts during my live presentations in order to get my points across. It took me about a decade to realize it, but it was him who I got that from. Fast forward to 2021, and...Read More

Ron Paul: Inflation Raises Its Ugly Head - What Will The Fed Do Now?

May 07, 2021 / marketsanity.com

Cause and Effect ... Supply & Demand ... These can never be abolished by central planners. Economic Laws and The Market always prevail over bureaucrats. To believe that politicians can endlessly hand out money that they do not have, and that The Fed can counterfeit trillions of dollars without serious economic repercussions, is to believe in the impossible. Reality always puts an end to fantasy.Dr...Read More

Harry's Rant 5-7-21

May 07, 2021 / marketsanity.com

In the coming crash that Harry forecasts, how can investors diversify their portfolios and reduce risk? Harry introduces a new strategy. Stay informed at www.harrydent.comHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technologica...Read More

George Gammon: Can Gold Hit $50,000 By 2022? (Expert Says YES!)

May 06, 2021 / marketsanity.com

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

Gold/Silver Rally Update w/ Gary Wagner

May 06, 2021 / marketsanity.com

The Gold Forecast founder Gary Wagner joins us live to discuss today's huge rally in the precious metals. 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 of "The Gold Forecast," a daily video newsletter. He has been a speaker for financial...Read More

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