Brazilian steelmaker Gerdau will invest around 1 billion Reais ($179 million) to modernize and expand production capacity at its special steel division in Brazil amid an expected recovery in demand from both the automotive and capital goods industries, the company said on Monday April 19.The bulk of that investment is aimed at its unit in Pindamonhangaba, in southeastern S??o Paulo state. Gerdau a...Read More
Turkish steel producers continued to push for lower deep-sea scrap prices, while suppliers in the Baltic Sea and United States continued to maintain higher offers, market participants told Fastmarkets on Tuesday April 20.At least three deep-sea cargoes were booked on Friday April 16.The most recent was heard after the indices closed on Monday April 19.A steel mill in the Izmir region booked a Euro...Read More
Fastmarkets proposes to increase the frequency of its India ferrous shredded scrap index to twice each week because of continued price volatility in the market.The steel scrap shredded, index, import, cfr Nhava Sheva, India, is subject to continuous fluctuations in the market as a result of factors such as the Covid-19 pandemic and the global shipping crisis. This means that the index, currently c...Read More
Spot prices for imported ferrous scrap to China remained largely stable on Tuesday April 20, while cargoes of scrap booked in recent weeks have been gradually clearing customs, sources have told Fastmarkets.A steelmaker in north China had its first shipment of imported scrap successfully clear customs at Tianjin port on April 14, while a Chinese metals and minerals trading company had a cargo clea...Read More
The export market for steel billet in the Commonwealth of Independent States became quiet early in the week to Tuesday April 20, with limited numbers of inquiries coming from the majority of outlets."There is no demand and there are no offers for the moment," one trading source said, adding that demand from Latin America and Asia was covered by last week's deals. Several cargoes of Ukraine-origin...Read More
Prices for long steel products in the United Arab Emirates have gone up during the week ending Tuesday April 20 despite demand being low, sources have told Fastmarkets.The Islamic holy month of Ramadan started on April 12, and the traditional reduction in working hours meant that demand was weak in the country. Rebar producers in the UAE rolled over their prices again with effect from April 16....Read More
In today's video you'll receive Mike Maloney's latest thoughts on gold and silver prices, inflation, Bitcoin and more.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email rea...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
George Floyd's autopsy results show he died of hypertension, heart disease, and drug overdose.Video of Derek Chauvin shows he was following procedure and not trying to murder George Floyd.Maxine Waters urges BLM to be more confrontational with their protests.Benjamin Crump lies about Daunte Wright and Kim Potter on ABC's This Week.Peter Schiff is an internationally recognized economist specializin...Read More
0:00:00?EUR< - Introduction0:01:48?EUR< - How do you see the economy playing out in the next 1-3 years?0:06:55?EUR< - How to invest going forward?0:08:21?EUR< - Is the economy really BOOMING?!0:13:03?EUR< - Will inflation be transitory?0:20:24?EUR< - Is the CPI one big Lie?0:25:10?EUR< - Inflation will explode!0:29:00?EUR< - Rising prices are already here0:33:46?EUR< - Disagreement over transitory...Read More
*This interview was filmed on April 12, 2021.Tesla's Elon Musk has a reputation for innovation, but the company's plan to accept bitcoin as a form of payment still made headlines when it was announced last month. Could precious metals be next? In an open letter to Musk, David Morgan, publisher of the Morgan Report, suggests Tesla should consider accepting payment in silver and/or gold through the...Read More
For Part 1 of this interview, CLICK HEREIn this episode of the Keiser Report, Max and Stacy look at the charts from Constantin Gurdgiev on US labor participation rates: this isn't normal. In the second half Max continues his conversation with Alasdair Macleod of GoldMoney.com about geopolitics in an age of rampant money printing. Max Keiser is an American broadcaster and film-maker. He hosts Keise...Read More
Gold stocks should be valued relative to peers and the current gold price says professional mining investor David Erfle. He addresses the current precious metals price action and the miner's relative strength. David also talks about qualities he looks for in a gold stock in order for him to initiate a new position right now. He also comments on Osino Resources' recently-announced maiden resource o...Read More
Part 1 (part 2 below)0:00?EUR< - Bitcoin9:22?EUR< - The biggest bubble12:40?EUR< - Corporate taxes, capital gains taxes16:48?EUR< - Student debt forgivenessPart 20:00?EUR< - Backing up the truck for gold4:12?EUR< - Uranium Peter Grandich's work can be found at Peter Grandich and Company and Pete Speaks.Read More
Contrary to gold bugs' optimism, precious metals have been sluggish amid the pandemic. Jordan Roy-Byrne, editor and publisher of the Daily Gold, still believes a gold rally is on the horizon and points to key bull-rally catalysts.Jordan's article: https://thedailygold.com/the-most-important-indicator-for-gold/Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicia...Read More
Former bank president and head of research at GoldMoney.com, Alasdair Macleod, returns to Liberty and Finance to offer an update on the faltering US Dollar, the doomed banking system, and what's ahead for gold, silver, cryptos, and our financial lives.Alasdair also weighs in on his latest article on whether Bitcoin qualifies money, and the biggest mistake people are making when deciding when and w...Read More
"And you know what the answer is. You really do. You don't like it, I don't like it, it scares me," he Continue...Read More
According to sources, former representative Ron Paul was seen disguising the Federal Reserve building as a Nike store in hopes of getting Continue...Read More
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, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
We are joined on Metal Money by Chris Vermeulen, founder of Technical Traders Ltd. We discuss why gold and silver are not out of the woods and how the early stage of the commodities supercycle now is reminiscent of the last cycle which began in 2003.Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical...Read More