In the latest Insights, we show how changing inflation expectations can have a big impact on investment returns. Our broadcast of the week features Tony Greer, editor of The Morning Navigator Newsletter, who nailed the continued stock market rally early on. He is now betting on more inflation. Meanwhile, our insider of the week could really shake up the market over the next few weeks. Click here...Read More
Import prices for flat-rolled steel in South America increased once again through the week to Friday August 21, to the levels seen before the Covid-19 pandemic, with October-shipment negotiations with all supplying regions being concluded at higher levels.There were reports of some deals to meet residual needs for October shipments during the period, and customers - particularly those on the Pacif...Read More
Liberty Steel Group has resumed operations at one of its blast furnaces at its Ostrava steelworks after nearly four months of downtime, the company said on Friday August 21. Liberty has restarted blast furnace (BF) No 2 at its plant in Ostrava in the Czech Republic on Friday and plans to gradually ramp up production to adapt to market demand, a company spokesperson told Fastmarkets. The BF wa...Read More
The domestic price of hot-rolled coil in Northern Europe moved up on Friday August 21 after producers announced a rise in offers, sources have told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?433.75 ($513.83) per tonne on Friday, up by ?,?1.87 from ?,?431.88 per tonne on Thursday.The index was also up by ?,?14.58 per tonne week on...Read More
Domestic steel rebar prices in Poland have been fairly stable over the past week despite somewhat slower buying, with market participants expecting to see higher prices in September because of increased scrap costs and a seasonal pick-up in demand, sources told Fastmarkets on Friday August 21.Poland's rebar market was quiet during the assessment week due to the normal seasonal buying slowdown, sou...Read More
China's domestic rebar prices maintained their downward trend on Friday August 21, although trading activity picked up ahead of weekend. Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($523-527) per tonne, down by 10 yuan per tonneNorthern China (Beijing) weekly assessment: 3,650-3,690 yuan per tonne, down by 10-20 yuan per tonneSome buyers raised their procurement rates over the day on...Read More
Asian import scrap prices continued to rise in the week to Friday August 21 amid solid demand in Vietnam, Taiwan and South Korea, but buyers in Turkey remained away from the market while the Indian market softened.Turkish mills face weak lira, low long-steel demand, and want lower scrap pricesUS export markets quiet with lack of recent sales from East CoastVietnamese import scrap prices benefit fr...Read More
For Part 1 of this interview, CLICK HEREToo many people have fallen into the trap of investing in U.S. Treasuries and putting their money in pensions, thinking that these assets are safe investments, said best-selling author Robert Kiyosaki. Kiyosaki referred to these assets as "fake money" and detailed how investors can differentiate between "real" and "fake" assets in his book "FAKE: Fake Money,...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
Sprott Money News ? Sprott Money News Weekly Wrap-up - 8.21.20Eric 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
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
http://financialrepressionauthority.c...David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020. He received both a Bachelor of Arts and Masters of Arts degree in economics from the University of Toronto. Prior to starting his firm, he was Gluskin Sheff's chief economist & strategist. Mr. Rosenberg was also...Read More
Wow! We have even more good news to share in today's video. We could get used to this...First: several quick, cheap tests for covid-19 are rolling out. Finally, we should be able to do widespread testing that's not overly invasive, too expensive, or takes forever to get results.Second: Ivermectin continues to show statistical effectiveness against covid-19. It may be effective at later stages of i...Read More
Top silver market expert David Morgan joins Miles Franklin sharing his insights into the recent run to gold and silver. David reveals gold is nowhere near its all time high if you account for inflation even using the U.S. government's inflation numbers. If inflation is taken into account, silver's all time high would be well above $100/oz.David Morgan is a world-renown precious metals aficionado....Read More
The price of containerized ferrous scrap imports into India was little changed this week, ending its six-week rally, following other global markets' pause in buying activity, sources told Fastmarkets on Friday August 21. Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $309.47 per tonne on Friday, just 17 cents down from $309.64 per tonne one week pre...Read More
"We put fluoride in the water so we can reduce suffering, so the justification is the same. It's an intervention to reduce suffering for a whole lot of people."Continue...Read More
China firmly opposes the US plan to deploy land-based, medium-range missiles in the Asia Pacific and deplores its frequent moves to pressure China's neighbors and blatant provocations at China's doorstep.Continue...Read More
In 2008 the banks were Too Big To Fail. Here in 2020, the stock market looks Too Big To Fall. So much of the status quo is now dependent on ever-higher asset prices that any weakness is immediately met with overwhelming support by the central banks and/or national legislatures. Many are now wondering: will stocks ever be allowed to drop again? While that question sound facetious, it's not. After a...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Virus or no virus, a recession was due. Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when...Read More