High production costs have been supporting China's domestic rebar market for the past couple of weeks, with prices in the eastern region unchanged on Friday August 28 despite slower trading.Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($528-533) per tonne, unchangedNorthern China (Beijing) weekly assessment: 3,620-3,650 yuan per tonne, down by 30-40 yuan per tonne High prices for raw materi...Read More
After five months of roaring demand for pig iron in China, market sources have started to doubt whether buying activity there will continue. In March, when the steel industry in Europe and the United States had only started to face the impact of the Covid-19 pandemic, China began to recover, resuming normal operating rates and starting to absorb almost all available spot pig iron volumes from the...Read More
Brazil's pig iron export market was active during the week to Friday August 28 amid new sales to China.Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $340-350 per tonne on Friday, widening from $343-348 per tonne one week earlier. ...Read More
Negotiations resumed in the import pig iron market in the United States during the week to Friday August 28, but no deals have yet been concluded.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US rose to $355-360 per tonne on Friday, up by $15 from $340-345 per tonne a week before."All key buyers appeared in...Read More
In this edition of the Insider, group publisher James Woodburn talks to financial expert and economist Jim Rickards about his thoughts on COVID-19 and the long-term impact on the global economy. They go into the details of how COVID-19 spread, the government response of lockdown as well as what the central bank monetary policy and growing money supply means for the future of the global economy. Ji...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
TOPICS IN THIS INTERVIEW:-Intro to George. Entrepreneur from the start. Bottoms up approach.-Leading indicators for greater amounts of socialism.-Monetary easing to the next level for stimulus. Fed coin, UBI, and deficit spending.-Importance of gold, silver and Bitcoin.George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Pri...Read More
Craig talks about how gold is going to continue to move up in value, or another way to say it, is that the dollar is losing value everyday. Craig then talks about the Central Bank on how they are robbing the people as the currency devalues. There will be a time where gold is going to be revalued. Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular...Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 8.28.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More
Ron Paul talks to Lew Rockwell about whether or not the reaction to the COVID-19 pandemic was a fabricated hoax designed to steal our liberty and capital. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defende...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
Time Stamp References:0:45 - His book, philosophy, and early career.6:20 - Debt and outlook for the US markets.13:00 - Anticipating market corrections.18:30 - Commodity performance.23:15 - Treasury bill expectations yield and rates.26:15 - Finding the buy signal.29:20 - Coming dramatic move for gold and silver.31:50 - Silvers top of the list potential.35:30 - Performance of miners and juniors.Tom...Read More
Despite Thursday's precious metal sell-off, conditions have not changed for gold and silver, said Peter Hug, division head for precious metals at Kitco.Speaking to Kitco News on Thursday, Hug said conditions are positive for gold due to the amount of fiscal support provided by banks. "The macro picture has not changed. [Every] central bank in the world has got their foot on the pedal, and I don't...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
They do not care about rights, freedom, or even religion. This is all about them and you do as they say, or you have no human right to object.Continue...Read More
"For vitamins and antibiotics, more than 90% of their raw materials are produced in China." "The U.S. will definitely not be able to produce them in the short term."Continue...Read More
Senator Rand Paul says he was "attacked" by "an angry mob of over 100." Paul thanked the D.C. Police Department as well for getting him to safety.Continue...Read More
"The ongoing and expanding US sanctions on Russia will paradoxically support gold production in the country in the short term." Continue...Read More
Slab export prices from Brazil increased in the week ended Friday August 28 amid low volumes available and a continued recovery in demand.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was $430-435 per tonne on Friday, up by $10 from $420-430 per tonne a week earlier.There were reports of offers from Brazil made near $440 per tonne fob, after...Read More
Export billet prices from the Commonwealth of Independent States region strengthened week on week, supported by rising prices in the scrap segment and the revival of customer interest, particularly in North Africa.A cargo of CIS-origin billet was reported sold to Tunisia in the middle of the week at $425 per tonne cfr, which would net back to $400-402 per tonne fob Black Sea, according to market s...Read More