Lithium prices were steady around the world in the week ended Thursday June 10, with both Asian, European and United States markets underpinned by tight availability.Battery-grade lithium hydroxide prices in Asia were steady in active markets with consumers focused on securing materials. The battery-grade lithium carbonate price range in China stayed intact with some cheap technical-grade units di...Read More
United States-based vanadium producer Largo Resources is aiming to capture 3% of the long-duration energy storage battery market by 2025, which equates to 1,400MWh, the company said on Wednesday June 9.The company is undergoing a "transformational shift" towards vanadium redox flow batteries (VRFB), a type of rechargeable flow battery that employs a vanadium electrolyte liquid solution to store an...Read More
Domestic prices for hot-rolled coil were fairly stable in Europe on Friday June 11 despite slower demand and a weakening of import prices, sources told Fastmarkets.The domestic prices were supported by good order books at EU mills. Producers in Northern Europe were heard selling fourth-quarter-rolling material, although Italian mills were still able to offer volumes for shipment at the end of the...Read More
The European Commission plans to start an anti-dumping investigation into hot-dipped galvanizing coil from Turkey and Russia, market sources told Fastmarkets on Friday June 11. Multiple market participants said that European steel association Eurofer has lodged a complaint and that the executive arm of the European Union is likely to announce the start of the case soon. Eurofer declined to comment...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. Read More
The domestic price of steel rebar remained stable in Brazil in June, but market participants were uncertain about the price outlook for the finished steel product, questioning the stability of the global price uptrend and noting lower scrap costs in the country.There were reports of one mill announcing a price increase for the month and others debating whether such rise was feasible, but the major...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. Read More
Polish rebar producers have achieved deals at higher prices so far in June and are targeting further increases for July amid steady demand and higher scrap costs, sources told Fastmarkets on Friday June 11.But sources doubt that new increases will be accepted by the market, given that some construction companies are already starting to delay projects, unable to digest surging costs, sources said."...Read More
German steelmakers settled their monthly steel scrap contracts for June at substantially higher prices due to the current tight supply, sources told Fastmarkets on Friday June 11.Fastmarkets' monthly price assessment for steel scrap, E8 thin new production steel, domestic, delivered consumer, Germany, was ?,?460-500 ($560-609) per tonne on June 11, up by ?,?50-80 per tonne from ?,?410-420 per tonn...Read More
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More
Inflation just took a massive spike higher. Just-released data shows core inflation has suddenly soared to levels not seen since the early 1990s. High inflation is a wealth killer. Draining the purchasing power of your income and savings, while crushing you under a rising cost of living. How worried should you be about it now? To answer that, we brought in an expert: a former advisor to the Federa...Read More
Italian domestic steel scrap prices increased substantially in the month to Friday June 11, with mills facing extreme shortages of the steelmaking raw material, sources told Fastmarkets.The southern European country's steelmakers were unable to source the necessary volumes of scrap due to shortages across Europe, particularly for new scrap grades, market sources said.Supplies of new scrap, includi...Read More
Question 1: 0:46I am losing confidence in the markets & struggling to influence my family to get out of the system now. What is the best way you were able to get your family on your side?Question 2: 4:06When can we expect the real estate market to slow down for investment?Question 3: 6:16If we switch to a true digital currency why would we need the Fed or treasury?Question 4: 8:30Does it matter if...Read More
Anmol Singh, founder of Live Traders, discusses with David Lin, anchor for Kitco News, techniques that every disciplined trader should follow in order to weather any market.Singh said that stock market valuations right now are definitely "insane" and that now is a time to be taking profits more so than getting into stocks. 0:00 - Trading systems4:46 - AMC10:12 - Stock trading examples15:37 - Bitco...Read More
Our guest this week is Paul Wong, market strategist at Sprott, Inc. In this podcast, Paul discusses "transitory" inflation, commodities and what he expects from the FOMC next week.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
The World Economic Forum is the International Organization for Public-Private Cooperation.The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Steve Keen to the show. Steve says inflation is definitely coming, but it won't be the runaway inflation feared by many people, nor will it be the hyperinflation some folks fear. Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticizing neoclassical economics as inconsistent, unsci...Read More
Consumer prices on the rise and going higher.Markets figuring out the Fed can't fix Inflation.Trump calls Bitcoin a scam.Michael Saylor goes on damage control with Hannity.Biden's administration wages class warfare against rich with IRS leak.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President a...Read More
Chinese officials spent days burning document after document after government information revealed to global media exposed conditions in the camps.Continue...Read More
If and when the powers-that-be decide to move on from their pandemic narrative, lockdowns won't be going anywhere. Instead it looks like they'll Continue...Read More