Clothes are back in fashion. I know, it sounds preposterous. But it's true. It would seem that people like to buy fancy duds to impress other people.In fact, not two weeks ago, I complimented a co-worker's outfit. But it turned out that the hardworking person in question, who is unequaled in professionalism, had in fact signed up for Stitch Fix (NASDAQ: SFIX) - a public company that is traded on t...Read More
Montem Resources Limited (ASX:MR1) is a steelmaking, coal development company, operating in the Crowsnest Pass district, in southern Alberta, Canada. The Company is planning an integrated mining complex in the Crowsnest Pass, focusing on low-cost development of open-cut mines that leverage access to major infrastructure. The Company's Managing Director and CEO, Peter Doyle's current focus is on re...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
The price of domestic hot-rolled coil in Northern Europe inched further upward day-on-day on Tuesday December 8, due to scarce supply from both domestic and overseas producers, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?577.50 ($700.04) per tonne on Tuesday, up by ?,?0.83 per tonne from ?,?576.67 per tonne on December...Read More
Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia have gone up over the past week because of globally strong demand, sources said on December 8.The UAE was on national holidays on December 1-3, so buyers had only recently returned to the market.But demand within the country was moderate because recent price increases had been too sharp for buyers to accept, and they wante...Read More
European distributors of flat steel products have reported a 3.3% year-on-year rise in shipment volumes during October 2020, regional steel industry association Eurometal said on Tuesday December 8.Over the first 10 months of 2020, however, flat steel distributors' shipments dropped by 14.0% year-on-year.Eurometal did not disclose individual product volumes.Fastmarkets calculated its daily steel h...Read More
Steel billet and rebar prices in the United Arab Emirates increased this week while demand was strong, sources said on Tuesday December 8.Domestic rebarThe country's steel producers were offering rebar at 1,985 dirhams ($540) per tonne ex-works for orders to be produced in December before closing their order books and should announce new prices soon, sources said.Market participants in the UA...Read More
The export market for long steel products from the Commonwealth of Independent States (CIS) went up again during the week to Monday December 7 amid strong billet prices and higher offers, sources told Fastmarkets.Thus, Fastmarkets' weekly price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS was $600-620 per tonne on Monday, up by $20 per tonne from $580-600 per...Read More
Here are five Fastmarkets stories you might have missed on Tuesday December 8 that are worth another look.There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars...Read More
Ferrous scrap prices in Mexico's main markets continued to rise in the week ended Friday December 4, with both regions assessed by Fastmarkets registering increases after clients accepted higher offers in order to maintain supply.Market participants reported price increases in a wide range of 50-600 pesos per tonne ($2-30 per tonne), depending on the customer.Fastmarkets assessed the steel sc...Read More
The Turkish steel producers largely slowed down their deep-sea booking activity after the latest spike in the prices, sources said on Tuesday December 8.A steel mill in the Marmara region was heard booking a Baltic Sea cargo at $370 per tonne cfr for 14,000 tonnes of HMS 1&2 (80:20).But the supplier was not a traditional one and several market participants believed that the cargo would not be repr...Read More
The price of steel billet from the Commonwealth of Independent States (CIS) exported via the Black Sea increased sharply this week on a deal heard to Peru, with offers rising amid a shortage of supply, Fastmarkets heard on Tuesday December 8.The booking to Peru was heard at $520 per tonne fob Black Sea and was understood to have been concluded on December 7 for a volume of 10,000 tonnes, although...Read More
Here today we review various cat videos and mascara tips. Just kidding. I review the most circumstances around the recent video which was censored by Youtube. But I can't say anything more than that because, you know, freedom. Or whatever.If you want to be sure to continue following me and my work, make it a habit of stopping by Peakprosperity.com. My material will always be available there.Thank...Read More
Is Bitcoin diverting capital away from the gold and silver markets? Why does Mike own cryptocurrencies, and when did he start buying them? Why does Mike believe that anyone who owns only cryptos is in a 'fragile' position? How do you become 'anti-fragile'? Join Mike Maloney and Jeff Clark as they discuss these questions and more in today's update. Jeff Clark is editor and lead writer of BIG GOLD,...Read More
Concerns are mounting about the competing Covid vaccinations, as the UK reports it may inject a cocktail of two different vaccines and the FDA warns of "severe adverse reactions' after dose two of the Pfizer vaccine. Polls suggest that Americans are not all eager to stand in line for the shot. Will they be forced? Also today: Are the hospitals really filling up? Respected Coronavirus Task Force Me...Read More
Texas just filed a lawsuit and asked the SCOTUS to block four states from participating in the Electoral College based on the fact that these states did not follow their own state laws for Presidential election, including Pennsylvania's and Georgia's refusal to verify signatures on mail-in ballots as was required by state laws.Read More
0:00 - Stock market bubble3:46 - Vaccine impact on markets5:35 - Debt and markets7:08 - "Hated" assets7:54 - Tech stocks9:30 - Chinese wine stocks10:52 - Commodities13:07 - Gold15:24 - Monetary policyThere's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings."Many sto...Read More
In a very special 'Coffee with Lynette" we have George Gammon with us In Person to discuss current topics, and how gold plays into the current economic climate. 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,...Read More
In this interview, Jordan Roy-Byrne of TheDailyGold.com discusses why he likes investing in quality gold developers. He explains how it is possible to find gold developer 10-baggers especially if the gold price continues its upward trend and the developer successfully builds their mine. Jordan also offers his analysis of current gold stock sentiment and whether we have seen a near-term gold price...Read More
*If you are offended by profanity, do not click the play button"If there were a law [for what Pelosi did] it should be the death penalty.""She just f**king killed people for political advantage."Read More