Domestic steel rebar prices in Russia's Central Federal District around Moscow were broadly stable in the week to Monday July 6, supported by good demand, sources told Fastmarkets on Monday July 6.Demand for rebar in the region was good over the assessment week, but still slower than last July, sources said."Volumes are healthy, construction is performing well, but we are still below the levels of...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort328,94262,27253,868116,697418,160499,507534,300Change from Prior Reporting Period 20,4835,7706,3132,28716,45829,08328,541Traders22268805359310177 Small Speculators LongShortOpen Interest 62,12127,328561,628 44498629,527 non reportable positionsChange from the previous reporting p...Read More
By: Stefan Gleason, Money MetalsLast week we heard the first half of an interview Money Metals president Stefan Gleason did during a recent 360 Gold Summit. Today we'll hear part two of that interview. Stefan gives some important warnings to gold and silver investors; discusses why he favors one of the precious metals over the others and also talks about some really important things to conside...Read More
By: Ira EpsteinGold higher high, higher low pattern. Swingline $1807.70..(recorded July 3)Read More
Each of us seeks our own version of the truth when we turn on the news. Tucker Carlson, one of the most courageous and honest journalists of this era, is my choice. He has excoriated Democrats and Republicans alike for their moral cowardice in coddling torch mobs. I can't get my liberal friends to watch him, however, probably for the same reasons they could never get me to watch Rachel Maddow....Read More
Remain on the sidelines in gold, copper and crude oil till UK opens. Overall gold and silver will remain firm as coronavirus is showing no mercy to the human population. USA became a Afghanistan on its Independence Day. Violence and lawlessness is rising with in USA with passing of each day. "Black Lives Matter" is no more a peaceful protest. US dollar attracts less safe haven demand with passin...Read More
The Black SwanWhen "Because" Isn't EnoughGliding into DisorderBig DreamsBirthdays, Anniversaries and the 4th of July"A similar effect is taking place in economic life. I spoke about globalization in Chapter 3; it is here, but it is not all for the good: it creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words, it creates devastating Blac...Read More
China's infrastructure spending has aided the steel market's recovery from the effects of Covid-19 shutdowns and is very likely to facilitate "a great prospective" for the consumption of steel and ferro-alloys used in infrastructure, delegates heard at Fastmarkets' "Covid-19 and Asian ferro-alloys market" webinar on Tuesday June 30. In a poll at the end of the second session of the webinar, 65% of...Read More
Turkish steel producers continued their deep-sea scrap purchases for late July and August shipments, although prices slipped back after spiking on Friday, sources told Fastmarkets on Monday July 6.A steel mill in the Iskenderun region booked a UK cargo, comprising 14,000 tonnes of HMS 1&2 (80:20) at $253 per tonne and 1,000 tonnes of shredded at $258 per tonne cfr late on Friday July 3. ...Read More
A country that belongs to a tiny elite, and refuses leadership, can't solve anything or do anything. The US is collapsing and will not survive. Paul Craig Roberts joins Silver Doctors today for a sobering discussion about what is unfolding in America...Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reag...Read More
The daily death count has morphed into the daily "new case" count, as 100,000 tests a day have exploded into 700,000 tests. Is it a wonder cases are increasing? But what they don't dare mention is that deaths and even the death rate continue to decline. In fact the CDC warns that Covid is at the stage where it cannot even be classified an epidemic due to declining deaths. Still, more masks are req...Read More
Does Mike Maloney believe the silver price will hit triple digits? Find in out today's special video that focuses solely on silver and the tremendous possibilities ahead. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment educatio...Read More
Questions in today's show:00:50 Bark Artist: If the government confiscates gold again, what will they be paying us per oz? If they choose not to allow for collectible coins and take them as well - just because they can - what then? We just lose big time?07:10 Robert Bronson: I am buying a condo after a sell, should I use 1031 exchange, OR go 30 years, skip the tax break and buy gold?09:05 Gaye Sha...Read More
Erik Townsend and Patrick Ceresna welcome Charlie McElligott to MacroVoices. Erik and Charlie discuss:Perspective on market strength, despite the resurgence of COVID19 casesHow to current market situation translates to the CTA positioningEquity market outlookHow does volatility complex play into the current equity market?Bond market outlook - secular end of a 40 year event?The impact of rising civ...Read More
Bill and Grant welcome a towering intellect in the shape of Mike Green of Logica Advisors, to discuss the role passive investing may have to play in The End Game. What follows is a good old-fashioned schooling, as Mike outlines the genesis of his work on passive's effect on the markets, the extraordinary influence it has on the world today and the way that's likely to change as we move towards The...Read More
0:00 Introduction0:40 Gold/Silver ratio and will silver outperform?9:27 Discovery Metals and when to sell?15:27 Better value in mid-cap producers now?19:03 Pure Gold Mining21:54 Reveals another Mining Stock Journal stock pick28:11 When should a junior pursue an upgraded OTC listing?Dave Kranzler is the editor of the Mining Stock Journal and returns to the program to provide his commentary on the j...Read More
"Resisting is desperation," says Mike Muse in a column at Medium.com attempting to explain "Why Black People Resist Arrest". With police brutality, racial injustice, and mob violence in the news daily, it's time to take a look at some of the underlying motivations. Here's a link to the Mike Muse column: https://bit.ly/WhyResistArrestRead More
I present this video to you all only to point out that had the races of these two people been reversed this would have been a big deal.Continue...Read More
It was never about the virus but instead the election. The so-called surge in cases is more fake news pushed by media cheerleaders eager to destroy the U.S. economy and Continue...Read More
In an interview with Lior Gantz of the Wealth Research Group, Robert F. Kennedy Jr. discussed the major problems facing the United States today when it comes to health. Continue...Read More