The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More

Steel H-beam prices in Europe increased on Wednesday July 14 after mills raised their offer prices because they have full order books, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe, was ?,?1,050-1,080 ($1,242-1,277) per tonne on July 14, widening upward by ?,?10 per tonne from ?,?1,050-1,070 per tonne on July 7."The mills ha...Read More

Iron ore prices were largely rangebound on Wednesday July 14 despite activity on the trading platforms, sources told Fastmarkets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $218.66 per tonne, up by $0.18 per tonne62% Fe low-alumina fines, cfr Qingdao: $220.00 per tonne, down by $1.46 per tonne58% Fe fines high-grade premium, cfr Qingdao: $178.41 per tonne, down by $0.25 per tonne65% Fe...Read More

Chinese authorities are unlikely to lower barriers to allow more lower-grade scrap to enter the country, panelists said at the Singapore Steel Forum 2021 on Wednesday July 14.China imported 221,409 tonnes of ferrous scrap in the first five months of 2021, according to Chinese customs statistics, which was a 2,894% increase from the same period in 2020.Most of the material imported has been higher...Read More

The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More

Trading activity in the Iranian export steel billet market has diminished in mid-July with local producers being forced to cut their output due to an electricity shortage in in the country, Fastmarkets heard on Wednesday July 14.Tehran and Iran's other major cities have experienced frequent power outages since May, and authorities say that these may continue until late July.In order to continue to...Read More

The Delta variant continues to dominate the news cycle, but is it as bad as sounds? How worried should we be? As always, we let the data tell the tale. For the uncensored full story we can't share here, come to https://www.peakprosperity.com/behind...?>>?Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regard...Read More

Frank Holmes and Jay dive into the major themes that are driving the investing landscape in 2021 - inflation, commodities, cryptocurrencies, and supply chains. The conversation touches on the G7's recent move to eliminate tax breaks and stifle competition, how Biden's political agenda is suppressing gold prices, and a lack of leadership in Canada. Franks outlines the investment opportunities in gl...Read More

Jordan Roy-Byrne, Founder of The Daily Gold joins me for a look at the short term charts for gold and silver. We also compare the gold stocks, which really haven moved, to the slow rise in gold. As for Silver there is the potential of the metals setting up a bear flag in the short term. Big picture is key here as we discuss the current environment of higher than expected inflation data paired with...Read More

Question 1: 0:46Would you please explain how "lopping off zeros" works. I'm not sure what the correlation is between lopping off zeros and printing new currency with more zeros to purchase higher priced items in hyperinflation.Question 2: 2:24During the stock market crash of 1929, the market still existed. Will this reset permanently close the Wall Street?Question 3: 5:09Thank you for taking my qu...Read More

The extreme volatility we are seeing on earth via the record number of droughts, cold snaps and heat waves equates back to the rollercoaster we will see on the financial front - this according to Greg Weldon founder of Weldon Financial and a frequent conference speaker.He shares with our Daniela Cambone his game plan to protect himself during the coming monetary armageddon, "you have to be nimble,...Read More

Fed forced to admit that inflation will be higher and last longer than they predicted.June CPI numbers come in almost double Fed's expectations.Highest monthly CPI increase in 13 years.Stock indexes are not a hedge against inflation.Producer costs are rising faster than consumer prices.Consumer prices are rising faster than wages.No signs that inflation is transitory in the oil market.Peter Schiff...Read More

It happened, Basel III kicked in and so far nothing has happened. Rob was never taken in by the hoopla. Under no circumstances can it be a game changer. The entities who control the market have been granted exemptions or have been grand-fathered in. Funny how that works. The debt creation continues on at accelerating rates and yet the appetite for it continues unabated. Where are the bond vigilant...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

China's domestic rebar prices gained upward momentum on Wednesday July 14 due to a reduction in steel production in several provinces.DomesticEastern China (Shanghai): 5,180-5,220 yuan ($800-806) per tonne, up by 100-120 yuan per tonneThe China Iron & Steel Association (Cisa) reports that steel production dropped sharply in early July, posting a second consecutive 10-day...Read More

The economy is returning to a 1970s era of higher inflation, potentially reaching double digits, said Mark Skousen, editor-in-chief of Forecasts & Strategies. Speaking to David Lin, anchor for Kitco News, Skousen's comments come as CPI data released Tuesday showed 5.4% annual inflation in June.0:33 - Headline CPI2:00 - Used cars and trucks3:20 - 'Black Swan' events7:17 - Real wages9:35 - Inflation...Read More

0:00 Intro1:09 High premiums4:49 Big money buying gold9:09 Run on the system17:02 Weekly specialWhat do banks know about risks in the current lending environment that ordinary people aren't being told? Despite being fully backstopped by the Fed, major banks (exemplified by Wells Fargo ending their personal lines of credit market)* are drawing in their horns. Are they preparing for a storm? Banks a...Read More

Kathleen Sibelius says unvaccinated Americans should not be allowed to work...Continue...Read More

Shapiro breaks down the obvious problems featured in a viral video clip from a new docuseries that shows a transgender couple and their new baby.Watch the full episode here: https://bit.ly/2TXUnIRRead More

I have been getting a lot of inquiries about offering premium content and as a result I am looking to start up some type of service in the near future whether it be a site with a paywall, interactive and educational courses, or personal coaching. As such, I would really like to hear more feedback in regards to what types of subscription service(s) that people are interested in so I can better dete...Read More