The problem with this entire test is that it hasContinue...Read More
Last week Chipotle Mexican Grill announced a 2nd price hike on its menu in just the last few months bringing cheers (and stock upgrades from Wall Street stock analysts). Chipotle warns it could raise prices even further to stave off labor issues and supply chain struggles https://www.businessinsider.com/chipo...Taco Bell, McDonald's, and Dunkin' are raising prices. Here's how much more you're payi...Read More
We have entered a period of time where ideologies are driving literally everything.Ideas and opinions are becoming weaponized.What is important to understand is that this absolutely is and will drive capital flows more than ever.Continue...Read More
It's actually like high blood pressure in your lungs because the blood can't get through because so many of the vessels are blocked. Continue...Read More
He is talking to his sister-in-law Hallie, the wife of his late brother Beau.Joe Biden - 'We are all lucky that Hunter and Hallie found each other as they were putting their lives together again after such sadness. They have mine and Jill's full and complete support and we are happy for them.'Continue...Read More
Specifically, white allies are being asked to sign a pledge to commit to not sending their children to Ivy League or US News & World Report Top 50 schools and instead leave those spots open for students Continue...Read More
Domestic steel rebar prices in Russia's Central Federal District around Moscow fell in the week to Monday July 26, mainly due to slow activity in the market and expectations of further price declines, sources told Fastmarkets.Market participants expected the downtrend to continue while the market reacts to the imposition of an export duty on steel products from Russia. This will be in effect from...Read More
The stock market bubble continues to inflate, while the price of silver remains range-bound but a reversal in those two asset classes is coming, and based on history it could be one for the record books. In fact, you might want to refrain from sipping hot coffee while viewing the tables below.Continue...Read More
Adrian Day of Adrian Day Asset Management discusses with Michelle Makori, editor-in-chief of Kitco News, the consequences of higher interest rates in today's ultra-high debt environment.0:00 - Monetary policy5:30 - Wages and inflation9:00 - Debt and interest rates13:08 - InvestmentsRead More
The biggest steel producer of the United Arab Emirates, Emirates Steel, decreased its rebar price to 2,957 dirhams ($805) per tonne ex-works for orders to be produced in August, effective Tuesday, July 27.The company's previous rebar price, in effect from Sunday June 27, was 3,012 dirhams per tonne ex-works. UAE demand for steel rebar and billet was low during the week to July 27 because buyers w...Read More
Kevin C. Smith, chief investment officer, and Tavi Costa, portfolio manager, of global macro investing company Crescat Capital, take a deep dive into the macroeconomic shift they believe is upon us, and what it means for investors. Investors are always looking to history for guidance by attempting to find the most economically comparable period to the present. Two timeframes are the most conspicu...Read More
Idaho is known largely for its rugged beauty and perhaps its potatoes. But gold mining has been ongoing in the Gem State since at least 1860. In recent years, a handful of junior mining companies have drilled off significant precious metals resources throughout Idaho and Stallion Gold wants to be next. It has secured a large land package and is seeking signs of gold mineralization at its Horse Hea...Read More
China's domestic rebar prices fell back on Tuesday July 27 amid weaker demand from both end users and trading houses following the soft futures.DomesticEastern China (Shanghai): 5,280-5,310 yuan ($815-819) per tonne, down by 60 yuan per tonneThe typhoon In-fa left Zhejiang province and Shanghai city late on Monday and went to Jiangsu, a major long steel production hub in...Read More
Ferrous scrap prices increased in the main Mexican markets in the week to Tuesday July 27, with some market participants expecting them to stabilize at the current levels.Prices for prime scrap showed small gains, with the generation of such grades still limited by low output in the automotive sector, and demand remaining strong.Some sources reported that one scrap buyer was increasing its price f...Read More
Turkish steel producers remained quiet in deep-sea scrap import markets due to the summer slowdown, sources told Fastmarkets on Tuesday July 27.Domestic steel trade has been on hold since July 15 due to public holidays.Turkey observed the Democracy and National Solidarity Day on July 15 and Eid al-Adha the following week from July...Read More
Iron ore prices fell on Tuesday July 27 because of weaker sentiment and rising port inventory, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $202.57 per tonne, down by $0.17 per tonne62% Fe low-alumina fines, cfr Qingdao: $202.97 per tonne, down by $0.96 per tonne58% Fe fines high-grade premium, cfr Qingdao: $166.29 per tonne, down by $1.36 per tonne65% Fe Brazil-origin fines...Read More
As the summer doldrums drag on, precious metals bulls are eying potential support levels for a seasonal bottom. The gold market found support at the $1,750 level last month and has since been trading with a slight upside bias. Although the price action hasn’t been especially exciting, base building in these summer months can be a healthy technical process in the context of a larger bull mark...Read More
Gold has been suckingwind this summer, trudging along after getting slammed by a distant-future-rate-hikesscare. The resulting lower prices havereally damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversedinto modest selling, contributing to unusual weakness in this leadingalternative asset. But investment demandshould roar back in this...Read More
The biggest steel producer of the United Arab Emirates, Emirates Steel, decreased its rebar price to 2,957 dirhams ($805) per tonne ex-works for orders to be produced in August, effective Tuesday, July 27.The company's previous rebar price, in effect from Sunday June 27, was 3,012 dirhams per tonne ex-works. UAE demand for steel rebar and billet was low during the week to July 27 because buyers w...Read More
China's domestic rebar prices fell back on Tuesday July 27 amid weaker demand from both end users and trading houses following the soft futures.DomesticEastern China (Shanghai): 5,280-5,310 yuan ($815-819) per tonne, down by 60 yuan per tonneThe typhoon In-fa left Zhejiang province and Shanghai city late on Monday and went to Jiangsu, a major long steel production hub in...Read More