Join us for the upcoming rally, "Unite for Peace and to Restore Freedom", at the Crown Gardens in Kingston, New York. May 29th, 2021. If you would like to help out in any way, visit: https://occupypeace.com/product/donat...Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit...Read More
"Scientists working in this field might say - as indeed I have said - that the benefits of such experiments and the resulting knowledge outweigh the risks," Fauci continued. "It is more likely that a pandemic would Continue...Read More
Steel wire rod prices in Poland were largely flat over the past seven days after a massive increase in the previous week, but market sources believed that new price rises were likely because of the shortness of supply, Fastmarkets heard on Friday May 28.Fastmarkets' weekly price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 3,650-3,700 zloty ($990-1,004) per tonn...Read More
The embattled co-founder of Black Lies Matter announced on Thursday that she's resigning as executive director amid criticism over her lavish lifestyle. Continue...Read More
Domestic prices for rebar in Poland were largely unchanged but still high in the week to Friday May 28, supported by strong demand, limited supply and increased scrap costs, although some sources told Fastmarkets that they believed prices had reached a ceiling.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland, was 3,650-3,700 zloty ($990-1,004) per tonne...Read More
Global steel scrap prices dropped in the week to Friday May 28 on poor sentiment resulting from a weaker Chinese market and a softening of the Turkish market.Turkey reports latest trades at lower pricesUS East Coast sees trades to TurkeyVietnamese market affected by weaker Chinese sentimentChinese prices remain down despite improving futuresTaiwan prices lower on soft buying interestIndian buyers...Read More
Prices for shredded steel scrap imported into India and Pakistan moved down after there was further weakening on the Turkish scrap market and in Chinese futures, Fastmarkets heard on Friday May 28.Fastmarkets' steel scrap shredded, index, import, cfr Nhava Sheva, India, was $495.42 per tonne on May 28, down from $510.93 per tonne on May 25 and from $517.88 per tonne on May 21.Indian buyers showed...Read More
A Scotiabank report recommends MAG Silver "as a near-term emerging producer with projected AISC (all-in sustaining costs) of half those the operating peer group." In a May 18 research note, Scotiabank analyst Trevor Turnbull provided an update on MAG Silver Corp.'s (MAG:TSX; MAG:NYSE A) Juanicipio and Deer Trail assets.Regarding Juanicipio, where MAG has a 44% interest and Fresnillo 56%, MAG repo...Read More
The Critical Investor looks at Meridian Mining's latest drill results at its Caba?al VMS Copper-Gold Project in Brazil and explains why he likes what he sees. With copper beating all-time highs recently, and gold briefly touching US$1900/oz, Meridian Mining UK S (MNO:TSX.V) seems to be in a good place, delivering its second set of assays from its Caba?al VMS Copper-Gold Project in Brazil. Its ong...Read More
An update on Aurania Resources' efforts at Lost Cities-Cutucu is provided in a Noble Capital Markets report. In a May 24 research note, Noble Capital Markets analyst Mark Reichman reported that Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) is "making progress" with its exploration program at its Lost Cities-Cutucu project in Ecuador and described recently finished work. "Aurania's exploration p...Read More
Prices for inter-merchant light iron scrap in the UK were steady over the week ended Friday May 28, consolidating firm gains from the previous week that hit a nine-year peak, with increases possible in talks due next week between suppliers and steel mills, trade sources have told Fastmarkets.Fastmarkets' price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK,...Read More
Brazilian steel slab export prices fell slightly week on week on Friday May 28 amid a pause in negotiations for shipments to the United States and lower indications for other regions.Fastmarkets assessed the price for steel slab export, fob main port Brazil at $970-990 per tonne on Friday, widening downward from $980-990 per tonne on May 21.With July-shipment deals to the US done in the previous w...Read More
A rise in Chinese ferrous prices has reduced the number of billet cargoes offered into Asian markets on Friday May 28.Comments by the Chinese government made in an attempt to cool commodity prices led to falls in ferrous contracts on the Shanghai Futures Exchange, creating a sharp drop in steel billet import bids in the country. Bids for standard 5sp billet were heard at $650-660 per tonne cf...Read More
China's domestic rebar price rebounded on Friday May 28 following futures gains, encouraging buyers to return to the market. Spot market sellers followed suit.Domestic Eastern China (Shanghai): 4,830-4,860 yuan ($758-763) per tonne, up by 120 yuan per tonne Northern China (Beijing) weekly assessment: 5,000-5,030 yuan per tonne, down by 400-420 yuan per tonne Some buyers increased their pro...Read More
Proponents of silver and their expectations for a much higher price have talked for years about the reasons “silver is undervalued” (their words, not mine).Whether it is a deficit in new production of silver or the gold-to-silver ratio, there is always something to talk about; so let’s talk. Below is a chart (source) of silver prices for the past century… Silver Pric...Read More
The price range for flat-rolled stainless steel in Europe narrowed upwards this week, reflecting a continued shortage of supply that is likely to become more pronounced with the introduction of anti-dumping duties on material from India and Indonesia. Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm grade 304, transaction domestic, delivered North Europe was ?,?3,150...Read More
As we know, history tends to rhyme.It’s never the same, but when you zoom out, the bigger picture often looks verysimilar. What does it mean for gold?Short-termimplications With gold’s back-and-forth price actionmirroring its behavior from 2012, the yellow metal is likely destined fordevaluation.Back then, gold zigzagged with anxietybefore suffering a material drawdown. In fact, in ear...Read More
China's leading stainless steel producers, Taiyuan Iron & Steel (Tisco) and Baosteel Group, have lowered their ferro-chrome tender prices for June delivery by 50 yuan ($7.84) per tonne compared with the previous month.The latest high-carbon ferro-chrome tender prices released by Tisco and Baosteel on Friday May 28 were 7,250 yuan and 7,445 yuan per tonne respectively, slightly down from the 7,300...Read More
Brazilian steel slab export prices fell slightly week on week on Friday May 28 amid a pause in negotiations for shipments to the United States and lower indications for other regions.Fastmarkets assessed the price for steel slab export, fob main port Brazil at $970-990 per tonne on Friday, widening downward from $980-990 per tonne on May 21.With July-shipment deals to the US done in the previous w...Read More
Prices for flat-rolled steel imports into South America mostly decreased in the week to Friday May 28 due to a significant absence of Chinese material in the market, with negotiations starting to shift to August shipment, overall lower offers, and a cautious stance among customers.This was the first time since February 5 this year that the majority of import prices on the continent fell on a weekl...Read More