Here are five Fastmarkets stories you might have missed on Tuesday March 30 that are worth another look....Read More
Domestic transaction prices for hot-rolled coil in Europe were expected to rise due to shortness of supply from EU mills and a lack of import offers, sources told Fastmarkets on Tuesday March 30.Fastmarkets calculated its daily steel hot-rolled coil (HRC) index, domestic, exw Northern Europe, at ?,?836.00 ($984.44) per tonne on Tuesday, down by just ?,?0.67 per tonne from ?,?836.67 per tonne on Ma...Read More
Strong domestic demand in China and India meant that there were reduced numbers of offers of flat steel products made to the United Arab Emirates and Saudi Arabia in the week ending Tuesday March 30, sources told Fastmarkets.Some of the import offer prices did also go down, however.China and India are two of the principal exporters of flat steel to the Middle East, and an additional factor was the...Read More
The residential construction and home improvement sectors are set to drive long steel consumption in Mexico this year, Gerdau Corsa chief executive office Fernando Pessanha said on Tuesday March 30.The infrastructure segment may also benefit from both state-level projects and the United States' spending plan, the executive said during Fastmarkets' virtual Mexican Steel Forum 2021. He did not, howe...Read More
Rebar producers in the United Arab Emirates sold material at reduced prices in the week to Tuesday, March 30, to encourage sales despite limited demand, sources told Fastmarkets. Rebar producers in the UAE rolled over their offer prices on March 22 and are officially offering rebar at 2,530-2,545 dirhams ($689-693) per tonne ex-works.However, deals were heard at 2,300-2,435 dirhams per tonne...Read More
Iron ore prices fell on Tuesday March 30, sources told Fastmarkets, due to the downtrend in rebar prices and reduced trading activity at Chinese ports.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $166.58 per tonne,down $1.30 per tonne62% Fe low-alumina fines, cfr Qingdao: $167.22 per tonne,down $1.66 per tonne58% Fe fines high-grade premium, cfr Qingdao: $147.50 per tonne,down $1.96 per...Read More
Mexican ferrous scrap prices were little changed in the week ended Friday March 26, with most grades remaining at high levels and market participants waiting for the next developments in the United States' market. Most market participants indicated stability in prices last week while the market digests recent price increases that particularly affected the prime grades of scrap....Read More
CNBC's Dom Chu talks about the potential ripple effect of the Archegos fallout with Jim Rickards, author of "The New Great Depression: Post-Pandemic Winners and Losers."Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence commu...Read More
Longtime gold bug Peter Grandich says he is only feeling safe with the greenback these days. Speaking with our Daniela Cambone, the Grandich and Company founder, who managed the portfolios of many pro athletes, reveals his deep concerns about the current environment. "I am truly petrified to see the complacency in the market...We're entering a dangerous time where most people aren't prepared."Pete...Read More
Anthony Scaramucci aka "the Mooch" former White House Director of Communications, Skybridge Capital co-founder, and bull pitches bitcoin to legendary investor Jim Rogers of the Quantum and Soros Fund- a cryptocurrency skeptic.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 is considered to be one of the g...Read More
Hedge Funds are blowing up. Archegos Fund gone. This is what happens at the top of a cycle or bubble.More stimmies on the way, thanks President Biden. Right on the heels of the last stimulus plan. It will insulate the system from further blow-ups.Big risks are interest rates and currencies. Even a three percent yield on the treasuries won't matter and further distortGold and silver retreating, wha...Read More
In this episode of Keiser Report, Max and Stacy look at mainstream conspiracy theories distorting the worldview of blue check twitter. In the second half, Max interviews John Rubino of DollarCollapse.com about the relative weakness of gold in a time of endless money printing. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He prese...Read More
?>>?In the last few days ago large banks like Goldman Sachs, Credit Suisse and Nomura have all issued large forced stock sales in the billions to large hedge funds and family offices. Large Banks cannot estimate the large losses yet! Stories on Large Banks Forcing Many Billions of Stock Sales From Family Offices & Hedge Funds: 1) Large block trades that caused selling raises questions about cause...Read More
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
The "bail out everyone" scenario is playing out now. An unprecedented global currency crisis is coming, says John Rubino from http://DollarCollapse.com?EUR<. He points to real assets like gold and silver to survive the storm.0:00?EUR< Intro0:42?EUR< Inflation6:22?EUR< Possible scenarios9:43?EUR< Hyperinflation?13:45?EUR< Bail out everyone19:15?EUR< Gold24:14?EUR< Mining stocksJohn Rubino is the fo...Read More
The near-term outlook for Silver is bearish as it could test $21-$22. However, this would be inline with past corrections in a bull market. Potential targets for the end of this bullish cycle include $50, $60 and $90. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which...Read More
President Biden has no "intention" of holding talks with North Korean leader Kim Jong-un, White House Press Secretary Jen Psaki said on Monday.Continue...Read More
A population that is so easily manipulated and scared has no possibility of holding on to liberty. Eighteenth century Americans valued liberty-"give me liberty or give me death." Continue...Read More
One really has to ask when this scam will end? COVID has a 98.7% survival Continue...Read More
0:00?EUR< - Higher taxes5:04?EUR< - Why do we have to pay taxes?8:25?EUR< - America is dead14:55?EUR< - Full employment by next year?18:44?EUR< - Confiscating your passport21:02?EUR< - Crisis in Lebanon, could it happen in U.S.?23:47?EUR< - New book: "Terrorist"American values are dead, and the government sees citizens simply as subjects, said Doug Casey, who said that the decline of the country i...Read More