Here are five Fastmarkets stories you might have missed on Thursday July 29 that are worth another look.Industrial group Thyssenkrupp has agreed the sale of its mining business to Danish engineering company FLSmidth, the German company said on July 29.Former schoolteacher and union leader Pedro Castillo...Read More

Brazil-based miner Vale expects to increase iron ore output in the second half of the year, because of advances in its capacity resumption plan, and expects the premium for high grade iron ore to remain strong.Vale has reiterated its guidance to produce between 315-335 million tonnes of iron ore in 2021.Production is expected to reach at least 89 million tonnes in the third quarter and at least 85...Read More

Fastmarkets has modified the name of one of its Japan steel scrap export prices to reflect the product's usage in the market.Heavy scrap (HS) is a grade of obsolete scrap traded widely in the Japan and South Korea market, used for material of equivalent quality to plate and structural (P&S).Fastmarkets' price assessment for Japan export HS had previously been named steel scrap, plate and structura...Read More

The prices of billet in Turkey have weakened in the week to July 29 due to falling scrap import values, sources told Fastmarkets.The Turkish deep-sea scrap import prices fell in the week because steel mills resisted for lower prices amid limited steel trade. Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was calculated at $475.96 per tonne on July 28, down by...Read More

Billet producers from the Commonwealth of Independent States increased offers for foreign customers this week despite the lack of inquiries from typical customers.Early in the week, market participants reported offers within the range of $650-660 per tonne fob Black Sea, but by the end of the week those had increased to $660-665 per tonne fob, while some producers mentioned even $670 per tonne fob...Read More

Demand for steel rebar and billet in Egypt was low during the week ended Thursday July 29 due to market participants' expectations of changes in import duties, sources told Fastmarkets.Activity in the market resumed this week after the Eid al-Adha holiday celebration last week, and buyers preferred to hold off on placing orders.Egyptian rebar producers normally announce new prices at the begi...Read More

Various data suggest, given the level of real interest rates, Gold should be trading higher. That gap could close as Gold makes a short-term rally. But it has very stiff resistance at $1900, and real interest rates are likely to rise over the coming quarters. That could be what the market has factored in.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians As...Read More

To see Lynette's slides, research links or questions from this video: https://www.itmtrading.com/blog/lynet...Lynette's Video on Reverse Repos: https://youtu.be/bzE3lUK4SLgPodcast: https://anchor.fm/itmtradingLynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into...Read More

MacroVoices Erik Townsend and Patrick Ceresna welcome Shard Capital Strategist and Alternative Investments chief Bill Blain to the show. Bill says secular inflation is here to stay, then goes on to explain several less obvious nuances of the finance industry's readiness for the coming change and much more.Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

We are still in a raging bull market and a full "Melt Up" and we will continue to see it until proven wrong, says Chris Vermeulen founder of The Techincal Traders.He added that the risk is still high for a breakdown, "we are on a verge of getting into a deeper correction then we will hit complacency where we will see precious metals and bonds come to life," he told our Daniela Cambone."Everything...Read More

In this episode of Keiser Report, Max and Stacy look at the data showing 'no resistance' to price increases as money printing and stimulus checks encourage Americans to pay whatever the price is without negotiation. In the second half, Max chats to Craig Hemke of TF Metals Report about the Nixon Shock, 50 years later. They also discuss the latest news on market manipulation in the precious metals...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

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

Trade deficit isn't a problem until it's a crisis.Home sales fall while home prices rise.Rent prices increased 25% year over year.Fed's only monetary policy is talk.Markets may have begun calling the Fed's bluff.Powell finally admits this inflation is permanent.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his...Read More

Today on the Daily Dive, our host Cassandra Leah sits down with David Morgan, a precious metals analyst and the publisher behind The Morgan Report. David sits down with us this afternoon to discuss the recent awareness raised on silver relative to gold and bitcoin, and the possibility of a global silver shortage. Also discussed is the involvement of the metal in the green revolution, the impact of...Read More

Inflation concerns are escalating on loose monetary policies and unprecedented stimulus, with June CPI data rising at the fastest level since 2008. However, this has not been reflected in the price of gold with the precious metal not hitting the $1,900 an ounce level since January. Mark Skousen, an award-winning economist, warns that if gold were to breach the $2,000 an ounce level that would indi...Read More

Reference article: https://www.cnbc.com/2021/07/28/robin...David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More

"I'm not a scientist, but I know how to read data and what I see is that this is a crisis of people who have not been vaccinated, and I feel strong responsibility, on our part as business leaders, to take care of our team and our guests, and that's what we're doing."Continue...Read More

Independent journalist explains why Democrats and media defend the NSA on 'Tucker Carlson Tonight.'Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is about the U.S. surveillance state and his experiences reporting on the Snowden documents around the world. Prior to co-foundin...Read More