"I don't know."It's a phrase I wish more folks would embrace.Particularly when it comes to COVID.Last week, a colleague of mine asked me if I thought the COVID situation was overblown.How could I possibly know such a thing?I'm not a doctor.I have no experience in data analysis when it comes to infectious disease outbreaks.I barely squeaked out a passing grade in Biology, and it took me three attem...Read More
Russia's Severstal is running a modernization program at its Cherepovets steelmaking facility, which - though it may lead to short-term production cuts - will help it raise its annual steel output by 1 million tonnes by 2023.Several sources have reported that the major mill had scheduled a two-week maintenance for its 2-million-tonnes-per-year hot-rolling mill in October. They estimated that this...Read More
In the latest issue of Insights, we assess what a Biden presidency could mean for North American stocks. It is a topic I explore in depth with Jim Goddard in my latest Howe Street interview. The newsletter also highlights an interview with Real Vision CEO Raoul Pal who remains concerned about the outlook for markets. Click here to read. Read More
Brazilian imports of flat and long steel decreased year on year in August amid increased prices in China, according to figures released by the country's economy ministry early this week.Imports of flat steel products dropped by 30.3% year on year in August, to 66,302 tonnes from 95,116 tonnes a year before. In comparison, Brazilian imports of flat steel products...Read More
Prices for domestic steel reinforcing bar in the United States rose for the first time since January, after buyers mostly accepted mills' price increases. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), fob mill US climbed to $29.25 per hundredweight ($585 per short ton) on Wednesday September 9, up by 4.5% from $28 per cwt previously, where the price had remained since mid...Read More
Imported steel billet prices increased again in Egypt this week because of higher offer prices, sources told Fastmarkets on Thursday September 10.No bookings were heard during the week, however, because of ebbing end user demand amid weak domestic construction activity, Egyptian sources said.Construction in Egypt has been slow since a construction ban was imposed in the country on May 25, which is...Read More
The Turkish steel mills took a break from deep-sea scrap purchases after booking a number of cargoes at stronger prices earlier in the week, sources said on Thursday September 10.The steel producers in the country have booked six deep-sea cargoes so far this week, totalling around 200,000 tonnes. This activity was supported by improving demand for billet and long steel products in the...Read More
Iron ore prices in the seaborne market fell further on Thursday September 10, with market sources saying that although the fundamentals of iron ore remained stable, the high levels of steel inventories dragged prices downward.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $126.09 per tonne, down by $0.45 per tonne62% Fe low-alumina fines, cfr Qingdao: $126.15 per tonne, down by $0.68 per t...Read More
Brazilian ferrous scrap exports fell both year on year and month on month in August while suppliers shifted their focus to the domestic market, data published this week by the country's ministry of the economy shows.Scrap exports reached 55,377 tonnes in August, a 19.7% year-on-year decrease from 69,000 tonnes in 2019 and a 27.6% drop in comparison with 79,460 tonnes in July of this year.The count...Read More
Russia's Severstal is running a modernization program at its Cherepovets steelmaking facility, which - though it may lead to short-term production cuts - will help it raise its annual steel output by 1 million tonnes by 2023.Several sources have reported that the major mill had scheduled a two-week maintenance for its 2-million-tonnes-per-year hot-rolling mill in October. They estimated that this...Read More
The economic sabotage is falling apart. The bad guys are backtracking, engaged in major damage control, and high-level players are trying to save their necks right now...Jim Willie joined Silver Doctors on Thursday, September 10, 2020, for a robust discussion on the latest actions taken by the good guys and Team Trump to thwart the bad guys' sabotage of the US economy and bring the traitors to jus...Read More
After nine months of intensive coverage of the covid-19 pandemic, it's time to start focusing these videos on other subjects just as important to our future well-being. But before I do, what have we learned over the course of these coronavirus videos? Well, for starters: we thankfully know a good deal at this point how the SARS2 virus infects people and how to treat it cheaply and effectively (eve...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
Danielle DiMartino Booth, CEO and chief strategist at Quill Intelligence, explains why she believes many jobs lost during the pandemic may never come back.Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She 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...Read More
In this interview, Jordan Roy-Byrne of TheDailyGold.com offers his outlook on gold and the junior gold sector. He explains that in a gold bull market the surprises tend to come to the upside. Jordan also addresses whether the silver juniors have run up too far and fast due to investor speculation or whether they are telegraphing a higher move in silver. Also, he discusses how technical analysis is...Read More
David Morgan, founder of TheMorganReport.com and known as "The Silver Guru," returns to Liberty and Finance to declare that the time has come to stand up for Natural Law that overrules the unjust laws and policies that are being imposed on us through governmental and financial overreach. David also answers viewers' questions on gold, silver, the COMEX, exit strategies, and helping our selves and o...Read More
This is the very NSA chief who was the face of the agency's mass sweeping up of Americans' communications exposed by Edward Snowden's leaks. The US Court of Appeals for Continue...Read More
Since the April bottom, part-time employment has regained a much greater share of employees who were laid off.Continue...Read More
The Fed stepped away from the market after its jawboning created the biggest bond bubble ever.Continue...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