Turkish steel mills booked one further cargo late on Wednesday at a higher price ahead of the post-Ramadan Eid al-Fitr holiday, Fastmarkets heard on Thursday May 13.The cargo came to light after the indices had closed for the day.A steel mill in the Iskenderun booked a Baltic sea cargo comprising 18,000 tonnes of HMS 1&2 (95:5) at $510 per tonne.Read More
British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers in May at levels last seen nine years ago, amid relatively tight supplies and strong demand in both the local and export markets, sources said this week.Suppliers have managed to generally agree an increase of ?15 ($21) per tonne for steel scrap grades delivered into steelmakers in the...Read More
The CIS export market for steel billet turned quiet on Thursday May 13 when buying activity in the majority of outlets faded.Customers in the Middle East-North Africa (Mena) region, as well as in some Asian countries, left the market to celebrate the end of the Islamic holy month of Ramadan, while buyers from China withdrew bids after domestic long steel prices as well as the futures market became...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia.Read More
Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.Read More
For Part 1 of this interview, CLICK HEREHeadline inflation is now at 4.2%, the highest reading since 2008. Steve Hanke, professor of applied economics at Johns Hopkins University, said that this is a 'harbinger' of even more inflation. Hanke told David Lin, anchor for Kitco News, that inflation could run as high as 5% by the end of next year. 0:00 - 4.2% headline CPI...what's next?4:15 - Golden gr...Read More
Jim is very constructive on commodities such as silver, oil, sugar, and various other agricultural opportunities. He also suggests investing in good agricultural companies in India. Tractor, fertilizer and seed companies are good buys, according to Rogers. Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He i...Read More
Wil Rhind, CEO of GraniteShares, discusses with David Lin, anchor for Kitco News, the concept of 'shrinkflation' towards the end of this interview, and why we commonly see this phenomenon before price inflation gets recorded.0:00 - Commodity prices hitting new highs3:50 - Inflation fears7:00 - Unemployment9:46 - Hedging against inflation14:14 - Backwardation in the futures markets16:10 - Shrinkfla...Read More
Lobo Tiggre of the Independent Speculator, joins us to discuss market manipulation and why he believes silver is the place to be invested right now.Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey's prot?(C)g?(C) at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey...Read More
We're heading towards a two tier system, the wealthy and the have nothings. The market will continue increasing because the Fed is buying everything. No one should be surprised by what's happening. The worse the economic news is, the more gleeful the market gets. They know the Fed will keep upping their purchases. They're creating artificial demand for housing by buying mortgage backed securities...Read More
$1850 is the new line in the sand. Bullish declining wedges are very frustrating. Once it breaks out, then it will start moving. Short term metals are overbought. Mining Stocks are a screaming bargain. They're drilling and derisking. It's given investors time to do their investigation and line up prospects to add to their portfolio. It's been a healthy correction with a nice double bottom. Once we...Read More
As Greater Israel fanatics move to expel Palestinians from their East Jerusalem neighborhood, the predictable response has occurred: Hamas militants fire rockets into Israeli cities, while Israeli jets bomb Palestinian homes in Gaza. Despite calls for de-escalation, fighting continues. As this flash-point has been ignited, Cold Warriors with backgrounds at the NSC and RAND Corporation promote "Dec...Read More
0:00 Intro1:34 $3000 gold4:26 Gold's fundamental value5:38 Rush out of cryptos8:49 Silver update10:43 $50 silver?12:50 Fed & rates17:45 Jobs numberGareth Soloway President is CEO & Chief Market Strategist for InTheMoneyStocks.Read More
CPI numbers shock expectations.Biggest monthly gain in CPI since 1981.Gasoline supply chain disrupted by ransomware hack.Price gouging alleviates shortages.Unemployed workers shouldn't be picky.Disincentivizing people from jobs is not good for the economy.Dogecoin traders buy the rumor and sell the fact on Elon Musk SNL appearance.Accolades have gone to Cathie Woods' head.ARKK will likely make a n...Read More
Thousands of hours of real-time footage is in the hands of the Capitol Police-and that agency, along with government lawyers Continue...Read More
Wise words from this young woman...On behalf of all women who like being women, can you guys stop trying to make us men?Continue...Read More
Basel 3 is on course to regulate the LBMA out of existence.Continue...Read More
Sunavsky's Stocks Channel: https://www.youtube.com/channel/UCEKF...David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
This is leading many people to believe that Gates' microchips are being implanted. This is going viral in and of itself. Others keep swearing there are no chips. Continue...Read More
The rule is now simple: get vaccinated or wear a mask until you do. The choice is yours.Continue...Read More