The Fed's massive QE program has failed to stimulate bank lending. Let's discuss the evidence and more importantly why it's happening.Continue...Read More
Unbeknownst to most Americans, resistance is growing internationally to the scientific fraud and economic disaster known as the "Green New Deal" (GND). Furthermore, few are aware that the movement behind it was launched by a rabid opponent of human civilization, Sen. Gaylord Nelson, whose passion - like that of those oligarchs who rushed in to support him - was population reduction. In 2002, Nelso...Read More
"This is one of the bigger increases in commodity costs that we've seen over the period of time that I've been involved with this, which is a fairly long period of time."Continue...Read More
"Supply is growing 2% a year and demand is growing faster ... and that means it's going higher," Miller said Tuesday. "I don't think this is a bubble at all in bitcoin, I think this is now the beginning of a mainstreaming of it," Continue...Read More
People will be able to buy rapid coronavirus tests without a prescription starting this week at three national chain retailers, an Continue...Read More
The trials "will give us a more reliable estimate of the effects of invermectin as an anti-viral agent in mild and moderate (COVID-19) patients." Continue...Read More
Ignore what central bankers are saying; instead, watch what they are doing.Continue...Read More
In this video, we talk to Steve Penny. He discusses the math behind $300 Silver - why he believes that Gold & Silver always do a total accounting for the global government debts during every debt based monetary expansion, and what he believes will happen next. He talks about gold, silver, mining stocks, and how to invest in gold and silver.Steve Penny is a full-time trader specializing in silver,...Read More
A CIBC World Markets initiation report states that MAG Silver Corp. offers attractive silver exposure as "its metal composition consists of ~56% from silver, which is one of the highest in our coverage universe." In an April 13 research note, CIBC World Markets Inc. research analyst Cosmos Chiu stated that the firm has initiated coverage of MAG Silver Corp. (MAG:TSX; MAG:NYSE A), an emerging Cana...Read More
Sector expert Michael Ballanger describes how he is protecting his portfolio as political and financial fortunes begin to change. To you from failing hands we throwThe torch; be yours to hold it high. from the poem "In Flanders Field;" 1915I have a confession to make: I am reaching the end of my personal level of nonviolent tolerance when being forced to listen to non-elected "authorities" stand...Read More
Egypt's ministry of industry and trade has imposed an anti-dumping duty on pre-stressed concrete steel strands from China, Turkey and Tunisia, imported under HS code 73089010, Egyptian sources have told Fastmarkets.The product is mostly used by the cable industry.The anti-dumping duty, which took effect...Read More
Sales volumes from flat-steel distributors rose 22.65% in March, compared to figures from the same month in 2020, amid resilient demand and a stronger performance, national distributor association Inda said on Tuesday April 20.Additionally, domestic prices were extremely competitive in comparison with imports despite recent increases applied by mills in April, according to the association.Flat-rol...Read More
Brazil's apparent steel usage grew by 50.15% in March compared with the same month in 2020, with imports outgrowing domestic sales from mills, according to data from national steelmaker association Instituto A??o Brasil published on Tuesday April 20.Steel consumption reached 2.45 million tonnes in March, up from 1.63 million tonnes a year earlier, A??o Brasil data showed. In March of last yea...Read More
A summary of Brazilian miner Vale's iron ore results for the first quarter of 2021 as stated in its latest production and sales report released on Monday April 19.In brief Production of iron ore fines increased by 14.2% year on year, supported by gradual resumption of operations in Timbopeba, Fabrica and Vargem Grande complexes, a stronger performance in Serra Norte and lower rainfall in January.T...Read More
Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.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,...Read More
Sales volumes from flat-steel distributors rose 22.65% in March, compared to figures from the same month in 2020, amid resilient demand and a stronger performance, national distributor association Inda said on Tuesday April 20.Additionally, domestic prices were extremely competitive in comparison with imports despite recent increases applied by mills in April, according to the association.Flat-rol...Read More
Almost in stealth mode, precious metals have begun to bottom and start a new upside price trend while the US stock market focused on the FOMC meeting a few weeks back and current economic data. Gold, Silver, and many of the Miner ETFs recently started a moderately strong push higher – almost completely behind the scenes of the hype in the markets regarding IPOs and Bitcoin’s new...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 20.Please click...Read More
Brazil's apparent steel usage grew by 50.15% in March compared with the same month in 2020, with imports outgrowing domestic sales from mills, according to data from national steelmaker association Instituto A??o Brasil published on Tuesday April 20.Steel consumption reached 2.45 million tonnes in March, up from 1.63 million tonnes a year earlier, A??o Brasil data showed. In March of last yea...Read More
Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.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,...Read More