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David Stockman: Fed Chair is "lying...incompetent boob"

July 29, 2021 / marketsanity.com

Jerome Powell, the Chair of the Federal Reserve, is "lying to the American public." Either that or he's an "incompetent boob," Ronald Reagan's former Budget Director, David Stockman, tells Rick Sanchez. David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at S...Read More

CHINA REBAR: Prices rise, new Nanjing Covid-19 cases cause demand drop

July 31, 2021 / www.metalbulletin.com

The new infection cases in Eastern China's Nanjing city made some construction sites in a few districts slowing work, but didn't cause major influence in a large range and the rebar prices kept the upward trend on Friday July 30.DomesticEastern China (Shanghai): 5,340-5,370 yuan ($827-831) per tonne, up by 40 yuan per tonneNorthern China (Beijing) weekly assessment: 5,250-5,320 yuan per tonne, up...Read More

NYC considering vaccine mandate for ALL restaurants

July 30, 2021 / marketsanity.com

"We're climbing the ladder in terms of more mandates, tougher and tougher measures to make sure people are vaccinated.""The whole ballgame is vaccinations."Continue...Read More

Biden: I want a nationwide 'mandatory' vaccine

July 29, 2021 / marketsanity.com

'I've asked the Justice Department to look into it.'And there you have it folks. Another "conspiracy theory" that turned out to be true. Which one will be next?Continue...Read More

Martin Armstrong: Impact of the Arizona Audit - There is no Going Back

July 30, 2021 / marketsanity.com

The Arizona audit has obviously revealed FRAUD with 74,000 mail-in ballots being counted that were never mailed out. This election was Continue...Read More

Wolf Richter: Fed's Lowest Lowball Inflation Measure "Core PCE" Spikes Further. Highest 3-Month Rate since 1982

July 30, 2021 / marketsanity.com

Powell recently admitted that there was nothing temporary or transitory in the current inflation: That loss of the purchasing power of the dollar is permanent. Prices won't go back to where they wereContinue...Read More

Nick Santiago: The data clearly shows high inflation IS NOT good for stocks despite what everyone says

July 30, 2021 / marketsanity.com

Everyone says high inflation means the S&P will trade at a high P/E.Continue...Read More

David Stockman on Why Money Printing Doesn't Generate Economic Growth

July 30, 2021 / marketsanity.com

It is necessary to start with the Big Lie that underlies all of the Fed's destructive machinations: the claim that market capitalism gravitates toward Continue...Read More

1.6 Billion Disposable Masks Entered Our Oceans In 2020

July 30, 2021 / marketsanity.com

The team concluded that nearly 1.6 billion face masks wound up in our oceans in 2020. This amounts to approximately 5,500 tons of plastic pollution.Continue...Read More

Covid fearmongers are panicked because of this chart...

July 30, 2021 / marketsanity.com

Did you realize that was the extent of what we're facing? That little bit of nothingness at the end of the chart there?Continue...Read More

Rep. Brooks: COVID is part of unrestricted Chinese military bioweapons programs

July 27, 2021 / marketsanity.com

Rep. Mo Brooks (R-Ala.) says China is actively seeking to use biological weapons as a means of achieving victory over western opponents in an future military conflict. One America's John Hines caught up with Brooks and has more from Capitol Hill.Read More

Mega-liberal Michael Rappaport is pissed off at Dr. Fauci because he got vaccinated and is starting to realize it's all a scam

July 29, 2021 / marketsanity.com

Michael Rappaport is one of the most vicious, Trump-hating, mega liberals out there. He is now being accused of being a "superspreader" and is livid at Fauci. Welcome to the club, Mike!Continue...Read More

Jordan Roy-Byrne: Here's the Next Immediate Catalyst for Gold and Gold Stocks

July 30, 2021 / marketsanity.com

The sector will not break out without the help of a decline in the stock market.Continue...Read More

Gold retreats as firmer dollar halts Fed-inspired rally

July 30, 2021 / marketsanity.com

"Gold still looks strong at these levels and the fact the Fed didn't really say Continue...Read More

CHINA VANADIUM SNAPSHOT: Prices fall on weaker demand

July 31, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Thursday July 29.Key drivers: The vanadium pentoxide price fell following the previous rally due to weakened crude steel manufacturing demand caused...Read More

PRICING NOTICE: Proposal to update Fastmarkets Metals & Mining assessment methodology

July 31, 2021 / www.metalbulletin.com

Fastmarkets is launching a one-month consultation on several proposed updates to the wording of its assessment methodology. The proposed wording refinements do not materially alter the way Fastmarkets Metals & Mining assesses prices but are instead intended to describe the process more clearly to increase market participants' understanding of how editorial judgment is applied. The changes are not...Read More

PRICING NOTICE: Proposal to update Fastmarkets Metals & Mining assessment methodology

July 31, 2021 / www.metalbulletin.com

Fastmarkets is launching a one-month consultation on several proposed updates to the wording of its assessment methodology. The proposed wording refinements do not materially alter the way Fastmarkets Metals & Mining assesses prices but are instead intended to describe the process more clearly to increase market participants' understanding of how editorial judgment is applied. The changes are not...Read More

CHINA REBAR: Prices rise, new Nanjing Covid-19 cases cause demand drop

July 31, 2021 / www.metalbulletin.com

The new infection cases in Eastern China's Nanjing city made some construction sites in a few districts slowing work, but didn't cause major influence in a large range and the rebar prices kept the upward trend on Friday July 30.DomesticEastern China (Shanghai): 5,340-5,370 yuan ($827-831) per tonne, up by 40 yuan per tonneNorthern China (Beijing) weekly assessment: 5,250-5,320 yuan per tonne, up...Read More

Vale demurs on Sudbury strike duration, US nickel premium at peak amid shortage

July 31, 2021 / www.metalbulletin.com

Sudbury, a Vale SA mine in Canada where workers have been striking since June 1, has had "a very large impact" on the Brazilian miner's operations, the company's chief executive officer told analysts on July 29."Even if we quickly resolve the strike, we will still have many weeks until we normalize," CEO Eduardo De Salles Bartolomeo said, without directly answering a question on how long the strik...Read More

Sibanye-Stillwater to buy Sandouville nickel facility from Eramet

July 31, 2021 / www.metalbulletin.com

Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,00...Read More

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