Seaborne iron ore concentrate and pellet prices plunged further in the week ended Friday May 28 amid downward pressure from the bigger fines segment of the market.Fastmarkets iron ore indicesPellet premium over 65% Fe fines, cfr China: $61.00 per tonne, down $0.10 per tonne66% Fe concentrate, cfr Qingdao: $213.91 per tonne, down $30.21 per tonne65% Fe blast furnace pellet, cfr Qingdao: $279.82 per...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.Recent weeks have brought two key developments with regard to trade policy on stainless steel products that will be to the detriment of consumers.In China, the country's stainless steelmakers no longer enjoy a 13% export rebate as of May 1, reducing greatly their incentive to export and instead leading them to focus on supply...Read More
1) Central banks turning to gold again, Bank of Thailand buys 43.5 tonnes in April https://www.kitco.com/news/2021-05-26...2) Swiss customs data show exports of 40.2 tonnes of gold worth around $2.5 billion at current prices to China in April - more metal than was sent in the last 14 months combined! https://www.reuters.com/article/swiss...3) Gold at BOE Commands High Premium, Signaling Central Ba...Read More
President Joe Biden has ordered the Financial Stability Oversight Council to prepare a report on how the financial system can mitigate the risks related to climate change. The Financial Stability Oversight Council was created through the Dodd-Frank financial regulatory reform act and is supposed to identify and monitor excessive risk to the financial system. The council is composed of the heads of...Read More
For the final episode of The Daily Dive for the trading week, we sit down with Todd Bubba Horwitz of BubbaTrading.com. Bubba joins us this afternoon to discuss the latest in the crypto space - including recent comments by Elon Musk and the current regulatory risk - as well as the topics of hot commodities and recent action - or inaction - by the Fed.Todd Horwitz - known as Bubba - is chief market...Read More
Today I'm sitting down with a highly requested guest, and a guest I'm a fan of, Lynette Zang! She's been studying currencies, and she follows the currency life cycles. Today, I want her to uncover the cycles of currencies to give you guys a historical reference, which will help you understand the problems that are occurring today. Hopefully this will give you the understanding to help you prepare...Read More
In this interview you'll hear:?oe" Why Marin sees "An industrial revolution, like nothing we've ever seen"?oe" The coming showdown between America and China with the new weapons of war (hint: carbon tariffs and net zero manufacturing)?oe" How the bond market and cost of capital has changed significantly for companies, and why this is dangerous for a company's growth?oe" How net zero, carbon footpr...Read More
In this episode, I am once again joined by George Gammon. George is the host of Rebel Capitalist and his self titled channel. He is all about helping others build wealth and to thrive in a world of economic insanity. Today's discussion is about everything from reverse repos or repurchases, Janet Yellen/US Treasury, inflation and how bad it could get, CBDC amd digital currencies (Central Bank Digit...Read More
In this video, we talk to Gregory Mannarino. He discusses the rigged game that the federal reserve is playing. he says that all you have to do is watch the federal reserve. According to Greg, the stock market is only going higher, the money printing will only increase. This is the day and age of the currency reset. Greg says that his favorite asset of all time is Silver. He talks about gold, silve...Read More
A United States agency says that it's perfectly acceptable for an employer to mandate a COVID-19 "vaccine" or experimental gene therapy shot as a Continue...Read More
The Supreme Court will decide early next month whether to take a new case on the use of race in Continue...Read More
here is a rumor behind the curtain that because of Bill Gates' Continue...Read More
According to former US assistant secretary of education for planning, Williamson M. Evers, "If California education officials have their way, generations of students may not know how to calculate an apartment's square footage or the area of a farm field, but the 'mathematics' of political agitation and organizing will be second nature to them. Encouraging those gifted in math to shine will be a di...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Three weeks before China admitted that a mysterious virus was circulating in the city of Wuhan, a 61-year-old woman who lived about a mile from several bat research facility was Continue...Read More
Former FDA Commissioner Scott Gottlieb has brought up a very interesting point regarding China's unwillingness to share evidence with western investigators looking into the origins of the COVID-19 pandemic.Continue...Read More
"That virology lab is still up and running. It's still probably conducting the same kinds of research it was conducting that may have well led to this virus escaping from that laboratory."Continue...Read More
Congratulations; we hit $100 trillion this week. That's the cost of keeping Western civilization together.Continue...Read More
Over the next few weeks, gold is set to outperform Bitcoin, said Florian Grummes, managing director of Midas Touch Consulting.The question is how long this outperformance can last? Read More
Peter Krauth, editor of the "Silver Stock Investor" newsletter, explains how he arrives at a price target of $300 per oz, plus his opinions on other areas of the Silver and Gold markets. Peter Krauth's website - https://silverstockinvestor.com/?>>?Read More