Supply-demand imbalance continued to push domestic steel wire rod prices in Northern Europe further upward in the week to Wednesday June 2, Fastmarkets has heard.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?830-850 ($1,015-1,039) per tonne on Wednesday, narrowing upward from ?,?800-850 per tonne seven days earlier.The assessmen...Read More
Turkish steel mills remained largely silent in the deep-sea scrap import markets due to continued sluggish finished steel demand in both domestic and export outlets, market participants told Fastmarkets on Wednesday June 2. Turkish steelmakers have been focusing on finished steel sales in the recent weeks in lieu of demand in Asia, while customers in the domestic market have been struggling with h...Read More
A large gap between bids and offers ensured that only limited business took place in the Japan steel scrap export market over the past week, sources said on Wednesday June 2.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?46,000-48,000 ($420-438) per tonne on Wednesday, down from ?47,000-48,500 per tonne one week earlier.Japanese H2 was heard sold to a South K...Read More
Iron ore physical prices rose on Wednesday June 2, while low-grade fines increased on buying interest from Chinese steel mills, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $209.19 per tonne, up $0.52 per tonne62% Fe low-alumina fines, cfr Qingdao: $211.50 per tonne, up $0.46 per tonne58% Fe fines high-grade premium, cfr Qingdao: $182.30 per tonne, up $1.30 per tonne65% Fe B...Read More
The chaos being experienced in the global container shipping industry is expected to continue for some time with a shortage of an estimated four million boxes creating havoc with congestion, routes and freight rates, according to an executive at logistics conglomerate DP World. Andrew Hoad told the Bureau of International Recycling's (BIR) annual convention that shipping and leasing companies opte...Read More
Peter Boockvar, CIO of Bleakley Advisory, discusses the direction for markets against a backdrop of inflation.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me for a look at how gold has performed compared to gold stocks, bonds and the US markets. There are some very encouraging signs for gold investors. We then look at the types of gold stocks that Jordan thinks have the best chance of running higher.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Associatio...Read More
Gareth Soloway is a professional trader. He is the President, CEO & Chief Market Strategist for InTheMoneyStocks.Greg Dickerson is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 d...Read More
"This has gotten to a point where we can't go any further. We are at the top of the bubble. What happens when this market tops out? The dollar goes with it."Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate financ...Read More
Mark Yusko, Morgan Creek Capital Management founder and CEO, says Bitcoin could reach $250,000 within the next five years- but not for reasons one might expect. "Bitcoin is more than just a store of value. It's about network adoption and increased usage," he tells our Daniela Cambone. Yusko also weighs in on Elon Musk's recent tweets regarding the crypto, commenting that he wouldn't be surprised i...Read More
0:00 - Inflation4:24 - Fed monetary policy11:20 - Fed audit14:23 - Monetary system collapse16:40 - Bitcoin as an alternative assetWith Bitcoin having faced regulatory pressures in Turkey and China, investors are concerned if more regulations will be placed on the cryptocurrency in the U.S., especially now that the newly appointed Chair of the SEC, Gary Gensler, has announced that new regulations w...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
It is an article of faith for many Americans that the U.S. is in a battle to restore its full sovereign rights, which have been under assault for the last 50 years by globalists and neoliberals. Yet many who are engaged in this battle fall prey to the lying narratives against Russia and China, which are fabricated by the same Davos globalist networks which played a key role in running the Russiaga...Read More
Tom welcomes Steve Penny back to the show. Steve is a full-time trader specializing in silver, gold, and uranium. 0:00 - Introduction0:34 - Practical Preparedness3:15 - US Dollar Chart4:20 - Gold/Dow Ratio5:58 - GDX & GDX.J9:45 - SIL.J Chart11:03 - Gold Monthly11:46 - Silver Monthly12:22 - Manipulation Analysis14:13 - Commodities vs. S&P16:05 - Uranium Monthly18:15 - Cameco Chart19:43 - Concluding...Read More
States and sports teams alike are offering huge monetary incentives to get vaccinated. Cities too. In many cases, it borders on a theater for the absurd. Never before has a vaccine had or required such massive incentives. Links: CDC vaccine guidelines https://www.cdc.gov/vaccines/covid-19...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecas...Read More
Homeland Security just issued its fourth danger bulletin this year. And both the weapons and rhetorical tactics of the first War on Terror are increasingly visible.Continue...Read More
One of the best videos opposing Critical Race Theory that you'll ever see. Best thing I've seen in weeks. Kudos to dad and daughter.Continue...Read More
This is not your typical cyber-criminal looking to make a quick buck. This is a political agenda which is the very agenda espoused by the World Economic Forum and it is NO coincidence. Continue...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
For those who still have faith in the Fed, Gross Continue...Read More