The United States' pig iron import market was muted during the week to Friday July 2 because buyers preferred to wait to see the effects on the market of the announcement of an export duty by Russia.Russia is the largest global pig iron supplier. It intends to impose a temporary export duty on pig iron at the level of 15% but no less than $115 per tonne, to be effective from August 1 until Decembe...Read More
Turkey secured up a fourth deep-sea steel scrap purchase at a discount, compared with its previous three previous cargo buys, in the week to Friday July 2, while activity in other global markets was comparatively subdued.Turkey secured four deep-sea cargoes, from Europe and the United StatesUS exporters kept export prices above $500 per tonne; international mills were forced to compete with the vi...Read More
The availability of significant volumes of lower-priced induction furnace (IF) steel billet in the Philippines import market has led to a cooling of interest in higher-priced blast furnace (BF) billet, sources told Fastmarkets on Friday July 2.IF billet from Thailand was heard sold at $665 per tonne cfr Manila earlier this week, with an offer for Vietnam-origin material heard later at $663 per ton...Read More
Inflation spilling into the labor market.Pressures pushing dollar down and costs up.What does Basel III mean for gold?CNBC pundits are as clueless now as they were in 2006 and 2007.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He freque...Read More
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Digital, state-issued currency is the "inevitable" next step of our economic evolution, says Cameron Chell, executive chairman of CurrencyWorks, who concedes it can be a "scary proposition."Speaking to Michelle Makori, editor-in-chief of Kitco News, Chell said that digital dollars, which fundamentally function differently a dollar that is digital, will eventually be adopted by governments."Ultimat...Read More
Jim Wyckoff, senior analyst of Kitco News, expects more bearishness for gold and silver in the immediate future.After a stronger than expected jobs report, with the economy adding 850,000 nonfarm jobs, higher than the initially expected 700,000, gold climbed higher along with equities.This is Wyckoff's forecast for the remainder of the year.Read More
Questions taken up today: 1.) Is Putin right when he said that, even if Russian forces sunk the HMS Defender, it would not lead to war? 2.) Do Europeans support the Green New Deal, as European Central Bank Chair Lagarde claims? Is it possible to have an honest debate on whether "climate change" is caused by human activities? 3.) Anything new to report on the status of Julian Assange? 4.) Is the 4t...Read More
00:00 Intro00:20 - Silver Supply/Demand dynamics and the current supply crunch.10:12 - Is there any way to replace silver?13:07 - What does investment demand in silver look like currently16:19 - Why the disconnect between the paper and physical silver prices and when will it end?20:15 - How is First Majestic will capitalize on growing silver demand22:57 - Will political hostility further contain s...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
We are not even 6 full months into Biden's presidency and his tax plans, specifically trying to get rid of the 1031 tax exchange, are really hurting small businesses, family farms and real estate investors in local communities. Joe Biden Declares War on Family Farms, Owner Occupied Businesses and Home Ownership https://www.theinstitutionalriskanaly...Carol Roth's new book just released: The War on...Read More
Join Mike Maloney in his latest 48 minute presentation in which he makes a public apology to Jeffrey Christian of CPM Group for using an image that Mr Christian did not like, along with a detailed thought experiment of what silver's price could be if several metrics from the 1980 rush play out in today's financial environment. You'll also learn about the ten-trillion dollar lie that government acc...Read More
0:00 - $150 silver, $3,000 gold2:30 - Bull cycle length5:50 - Sentiment on gold, silver8:50 - Inflation and metals9:38 - Fair value for gold?14:37 - Gold miners18:25 - Basel III20:31 - "Summer fireworks"Sentiment for gold and silver are weak, right now, said Lobo Tiggre of the Independent Speculator. Tiggre told David Lin, anchor for Kitco News, that he never wants to be a "mindless cheerleader" i...Read More
This will be the largest settlement in a child sexual abuse case in United States history. The Boy Scouts of America filed for Continue...Read More
"Violent groups try to manipulate your anger and disappointment," adds the latter missive, exhorting netizens to "take action now to protect yourself and others."Continue...Read More
All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.Continue...Read More
Socialist central planning has been elevated to a new art form based on control of the economy from the commanding heights of finance.Continue...Read More
Steve Penny joins us live for a silver market update!Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny's Silver Chartist: https://www.silverchartist.com.Read More
In short, it's time to admit that California's "green" push has been a complete disaster, and is about to leave millions of people in the dark during hot, sweaty days, leading to countless deaths.Continue...Read More