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Thai buyers forced to resell 100,000 tonnes of distressed HDG after anti-dumping tax

August 23, 2020 / www.metalbulletin.com

Steel buyers in Thailand are reselling distressed hot-dipped galvanized coil from China after the southeast Asian country started preliminary anti-dumping duties of 35.67% on imported Chinese cold-rolled galvanized steel on August 3. A Tianjin-based trader told Fastmarkets that at least 100,000 tonnes of Chinese HDG were stuck at Thailand ports recently due to the costly tax, forcing buyers there...Read More

NEWSBREAK: Baowu is Tisco's new controlling shareholder [UPDATE]

August 23, 2020 / www.metalbulletin.com

The Baowu Steel Group, China's largest steelmaker, is now the controlling shareholder of the Taiyuan Iron & Steel Group (Tisco), the country's second-largest producer of stainless steel, the latter has announced.Shanxi province's State-owned Assets Supervision & Administration Commission, which owned all of Tisco's shares, transferred 51%...Read More

NEWSBREAK: China's Tisco changing hands

August 23, 2020 / www.metalbulletin.com

Taiyuan Iron & Steel (Tisco), China's second-largest stainless steel producer, suspended the trading of its stock on the Shenzhen Stock Exchange on Friday August 21 following an announcement on Thursday evening that there will be a change in its controlling shareholder.Market participants expect the Baowu Steel Group, the country's largest producer of carbon steel, to replace Shanxi province's Sta...Read More

Hedge Fund That Gained 103% on Gold Rally Trims Exposure

August 23, 2020 / dlvr.it

Delbrook Capital Advisors Inc., a hedge fund specializing in metals and mining, more than doubled its return this year playing the precious metals rally. And now it's trimming some of that position.Read full newsRead More

Republican push to block controversial Alaskan gold mine gains the White House's attention

August 23, 2020 / dlvr.it

Federal approval of a controversial gold and copper mine in Alaska that would be the largest in North America may be put on hold on hold after a small group of influential Republicans launched a full-court press to block the project.Read full newsRead More

3 Recession-Resistant Stocks to Buy and Hold

August 23, 2020 / www.fool.ca

Because the economy is in a recession, and the stock market is trading near an all-time high, investors cannot be too careful about the stocks they invest in.Here are three recession-resistant stocks that you can consider buying and holding through thick and thin. Specifically, I chose quality stocks from three very different sectors — utility, tech, and gold. Utilities are defensive. Tech o...Read More

IN CASE YOU MISSED IT: 5 key stories from August 21

August 24, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday August 21 that are worth another look.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 August 21.China's plans to stockpile some 40,000 tonnes...Read More

IN CASE YOU MISSED IT: 5 key stories from August 21

August 24, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday August 21 that are worth another look.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 August 21.China's plans to stockpile some 40,000 tonnes...Read More

IN CASE YOU MISSED IT: 5 key stories from August 21

August 24, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday August 21 that are worth another look.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 August 21.China's plans to stockpile some 40,000 tonnes...Read More

Nomad Royalty (TSX: NSR): New Company, Founded by an Experienced SuccessfulTeam, Excellent Globally Diversified Precious Metals Portfolio; Vincent Metcalfe, Founder and CEO Interviewed

August 23, 2020 / www.metalsnews.com

Vincent Metcalfe, Founder and Chief Executive Officer and Director of Nomad Royalty (TSX: NSR), has a new TSX listed royalty company, and his team has experience buying streams and portfolios. Nomad has 10 assets. Five of them are in production. Nomad's globally diversified portfolio is 100% precious metals. 77% of the value is in gold and 23% is in silver. Nomad believes that it is a benefit to h...Read More

IN CASE YOU MISSED IT: 5 key stories from August 21

August 24, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday August 21 that are worth another look.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 August 21.China's plans to stockpile some 40,000 tonnes...Read More

Martin Armstrong - US Election, Balkanization, Silver, Gold, Lockdowns, Depression

August 24, 2020 / marketsanity.com

Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. He published a book in 2019 called Manipulating the World Economy.Read More

Jim Rogers: Higher interest rates and defaults WILL RETURN

August 20, 2016 / marketsanity.com

*This interview was recorded on August 16thJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between...Read More

We are Entering into a War Period - Catherine Austin Fitts

August 24, 2020 / marketsanity.com

"We are basically entering into a war period, and it's dangerous. . . . There are many different layers, but this is what World War III looks like. The people running things and centralizing economic power and control are saying we don't want to share the subsidy anymore with the general population. . . . This is a spiritual war between good and evil. Part of that war spreads out to invisible tech...Read More

Jesse Felder: How Long Can Stock Market Mania Continue?

August 24, 2020 / marketsanity.com

MacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show to talk about the new all-time highs in the stock market and what that means, if the bond market is the key to stopping the Fed's money printing and outlook on gold & much more.Jesse Felder is a former hedge fund manager and founder of The Felder Report.Read More

Jason Burack: EU Doing Way More Bailouts & Loan Guarantees As a Percentage of GDP Than The US

August 24, 2020 / marketsanity.com

As a percentage of GDP, European countries have done way more bailouts and loan guarantees than the US (see chart on screen) since the pandemic started. In early June the ECB announced what some are calling QE Infinity:1) QE infinity? The European Central Bank's emergency stimulus has no real end in sight https://www.cnbc.com/2020/06/05/ecb-c...2) The ECB just announced $676 billion of new stimulu...Read More

Who Wins? Jeff Deist on the Election

August 24, 2020 / marketsanity.com

Jeff Deist, former chief of staff for Congressman and presidential candidate Ron Paul, joins WindRock to discuss:?EUR? Why today's polling may not accurately reflect the likelihood of election results;?EUR? What each candidate should do to win the election;?EUR? Which scenarios may generate a contested election;?EUR? How a Democratic victory could result in a "New Reconstruction" against "red" sta...Read More

Pentagon: Use of surveillance planes to spy on protests was legal

August 24, 2020 / marketsanity.com

With little to no oversight and few (if any rules) on their usage, the federal government now flies spy planes above Americans. Continue...Read More

Governor Cuomo Bans Dancing, Darts, Pool, Karaoke

August 24, 2020 / marketsanity.com

There is no dancing allowed in New York's bars and restaurants, even at a wedding reception, according to the New York State Liquor Authority.Continue...Read More

Chris Martenson: Avoid the trap the system is setting to imprison you

August 24, 2020 / marketsanity.com

Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves. While they'll be reported by the media as those "evicted" or "foreclosed on", if we define a slave as Continue...Read More

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