China's cobalt sulfate prices continued to gain on support from firm offers from sellers and bullish market sentiment, but many buyers have hesitated in restocking while they wait for a clearer direction in the market, sources told Fastmarkets.Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China rose to 79,000-81,000 yuan ($12,203-12,512) per tonne on Friday July 9, up from 78,000-...Read More

I'd be a bald-faced liar if I said I didn't care whether you followed the trading and investment advice I give you every Friday in these pages.But the truth is - whether you do or don't take my advice - somewhere, someone else is, and they are raking in the cash.It could be you. Like the reader who could have cashed in a 94% gain over the July Fourth holiday if they had followed my lead on some ho...Read More

The battle between the inflation bulls and bears is in full swing on INK Ultra Money. However, the US consumer may be tipping the scales in favour of the inflation trade.Intellabridge rallies as KASH beta rolls outMeanwhile, crypto-equity Intellabridge which we last featured here on May 30th is on a roll, but a question remains.What about that stablecoin risk? Read more in this week's Insights. Read More

Here are five Fastmarkets stories you might have missed on Monday July 12 that are worth another look.A group of Brazilian construction and real estate companies received a 20,000-tonne shipment of rebar from Turkey last week, national construction industry chamber CBIC said.The waiting time...Read More

Magnitogorsk Iron & Steel Works' (MMK) Metalurji subsidiary in Turkey has started trial production of hot-rolled coil, the Russian company announced on Monday July 12.Located in the Iskenderun region, the mill halted operations at its meltshop and compact strip mill in late 2012. "The current situation allows us to resume operations at the electric-arc furnace facility, which is a very important...Read More

Domestic prices for hot-rolled coil in Northern Europe increased in the week to Friday July 9, supported by continuing supply tightness.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?1,162.92 ($1,380.68) per tonne on July 9, up by ?,?13.42 per tonne week on week and up by ?,?15.23 per tonne month on month.The index was based on achievable prices...Read More

Here are five Fastmarkets stories you might have missed on Monday July 12 that are worth another look.A group of Brazilian construction and real estate companies received a 20,000-tonne shipment of rebar from Turkey last week, national construction industry chamber CBIC said.The waiting time...Read More

A group of Brazilian construction and real estate companies received a 20,000-tonne shipment of rebar from Turkey last week, national construction industry chamber CBIC said.The chamber has gathered 137 companies in Brazil that were interested in importing rebar, and the material was booked in late February, CBIC said on Friday July 9.A second 20,000-tonne shipment booked by the same group wi...Read More

Brazilian domestic steel rebar prices were steady in July amid a stabilization in foreign markets and an increase in internal supply.Fastmarkets assessed the price for steel reinforcing bar (rebar), domestic, monthly, delivered Brazil, at 5,560-5,690 Reais ($1,057-1,081) per tonne on Friday July 9, unchanged since May 14, when it had come down from an all-time high of 5,630-5,700 Reais per tonne s...Read More

Turkish steel mills continued their deep-sea scrap purchases at a slow pace at the beginning of the week, trying to put further pressure on prices, market participants told Fastmarkets on Monday July 12.A steel mill in the Marmara region booked a European cargo, comprising 28,000 tonnes of HMS 1&2 (75:25) and 2,000 tonnes of a mixture of bonus and HMS 1, at an average price of $486.50 per tonne cf...Read More

Turkish domestic auto bundle scrap prices have inched upward over the past week, with two steel mills in the Izmir region raising their buy prices, market participants said on Monday July 12.Long steel mill Ege ??elik increased its buy price for auto bundle scrap by 50 Turkish lira per tonne to 4,160 lira ($480) per tonne delivered.Fellow long steel mill ?-zkan raised its...Read More

Inflation might not be transitory. It's not the inflation of the 1970's, it's causes are different. Messed up global supply chain. Massive amounts of currency created and continues to be created. WSJ says boomers retirement is inflationary. Flies in the face of traditional demographics.Wells Fargo closes personal credit lines, implies they are worried about something. They're even eliminating over...Read More

David Morgan, editor of The Morgan Report, discusses with David Lin anchor for Kitco News, the scenarios needed for the silver price to skyrocket, as well as tools investors can use to participate in the marketplace. 0:00 - SILVER'S PRICE IS DISCONNECTED FROM FUNDAMENTALS5:01 - WHY ARE SILVER PREMIUMS ARE NORMALIZING?7:53 - DEMAND VS SUPPLY, WHICH IS STRONGER FOR SILVER?9:02 - HOW TO TRADE SILVER...Read More

Iron ore prices moved up despite limited liquidity in the physical market on Monday July 12, while sentiment strengthened on news that China's central bank will cut the reserve requirement ratio (RRR), sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $217.85 per tonne, up $3.08 per tonne62% Fe low-alumina fines, cfr Qingdao: $220.60 per tonne, up $2.60 per tonne58% Fe fines high...Read More

0:00 Intro3:24 Travelling while young or focus on capital6:18 Countries adopting the US dollar9:30 How did you start investing13:22 What is your opinion on money and wealth17:49 How to deal with tough times19:41 Work life balance22:43 Opinion on Canada30:53 Thoughts on Latin America and Peru33:51 How do you deal with Irrational markets?36:37 Being a patient investor38:00 Is cash a safe investment?...Read More

Craig Hemke joins us to discuss the latest games happening at the Comex. What happens next? 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

Over the weekend the FBI Tweeted that Americans should observe their own family members for possible "extremism" and report them to the FBI if they find any. Haven't we seen this movie before in East Germany? Also - Washington is spending millions to create a new database of the "insurrectionists" from January 6th. Is this justice, or political persecution? These stories and more in today's Libert...Read More

Progressives who work to end individual rights violations committed by the NSA, FBI, DEA, CIA, and other federal agencies usually overlook, or even support, the routine violations of Americans' rights by the IRS.For example, progressives rarely, if ever, speak out against the IRS's targeting of the opponents of those in power. When liberal Democrats control the White House, the IRS targets advocat...Read More

Get Used to Higher Inflation. My Thoughts on the Biggest Mess I've Seen in Decades.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General M...Read More

For over two decades, Ken McElroy has experienced great success in the real estate world-from investment analysis and property management to acquisitions and property development. With over $750 million investment dollars in real estate, Ken offers a unique perspective on how you will get the biggest return on your investments. His twenty six plus years of senior level experience is offered to his...Read More