Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Gary Gensler - 'Nakamoto's innovation is real'"I really do think there's something real about the distributed ledger technology, moving value on the internet."Continue...Read More
"This is a tremendous relief for millions of people who were on the cusp of losing their homes and, with them, their ability to stay safe during the pandemic." "President Biden's bold action and leadership in this moment of crisis will save lives and immeasurable suffering."Continue...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia.Read More
Kalo Gold Holdings Corp. reported it has enlisted gold mining executive Paul Harbidge to join the company as a technical advisor and advisory committee member. In a news release, Canadian gold exploration company Kalo Gold Holdings Corp. (KALO:TSX.V; KLGDF:OTCQB) announced that Mr. Paul Harbidge will be joining the firm as technical advisor. In addition, the company advised that Harbidge will b...Read More
Maurice Jackson of Proven and Probable talks with David Cole, CEO of EMX Royalty, about the company's latest royalty portfolio purchase agreement. Maurice Jackson: Joining us for a conversation is David Cole, the CEO of EMX Royalty Corp. (EMX:TSX.V; EMX:NYSE.American), the royalty generator. Honored to have you with us today, sir, as you have some breaking news for shareholders. EMX Royalty has j...Read More
Export prices for steel slab from Iran dropped in early August under pressure from lower demand for flat steel products in Asia, which is the main outlet market for Iranian slab.In Vietnam, one of the major importers of hot-rolled coil in Asia, prices dropped recently on falling demand caused by the increased numbers of Covid-19 cases in the country.Given these conditions, customers in Asia lowere...Read More
The chrome ore market for sales into China rose with fresh liquidity being reported in the week ended Tuesday August 3, following strong recent gains in the downstream alloy market.Fastmarkets' chrome ore South Africa UG2 concentrates index, basis 42%, cif China, settled at $182 per tonne on August 3, up by 4.6% from $174 per tonne one week earlier."With the profit available from ferro-chrome prod...Read More
Powell’s recent dovish remarks starteda sugar high among investors. However, it seems like the hangover has alreadybegun.TheGold Miners While gold, silver and mining stocksjumped for joy following Fed Chairman Jerome Powell’s dovish remarks on Jul. 28,their sugar high ended on Jul. 30. And while I warned that FOMC press conferences often elicit short-term bursts of optimism, it was lik...Read More
To fully understand markets, understand gold. It is the key to financial wisdom. By learning of its role as a financial asset, one will discover universal truths about the value of money, and hence, the underlying value of all assets. It does not do much good, for example, to make a small fortune in the stock market, only to see it dwindle (or disappear overnight) in an inflationary storm or an im...Read More
Benjamin Baptista will retire and leave his role as chief executive officer of ArcelorMittal's Brazilian unit on September 30 after 12 years, with current Latin America long steel CEO, Jefferson De Paula, to replace his role, Baptista said on Tuesday August 3.Baptista joined ArcelorMittal in 1983, when it was still called Companhia Sider??rgica de Tubar??o (CST). It was later bought by Arcelor, to...Read More
Gold has been trading sideways recently, but this won’t last forever – the yellow metal is likely to move downward before continuing its rise.So, so you think you can tell heaven from hell, a bull market from a bear market? It’s not so easy, as gold seems to be at a crossroads. On the one hand, accelerating inflation should take gold higher, especially that the real interest rate...Read More
The gold miners’ stockswere whacked hard earlier this summer on a Fed-rate-hikes scare. That serious anomaly really damaged sentiment,spawning exceptionally-weak seasonal performance in this contrariansector. But the bruised gold stocks andthe metal they mine have trudged through, making it back to the start of theirtraditional strong season. That beginswith robust autumn r...Read More
China's mixed signals about its decarbonization goals have raised doubts over the country's purported plans to cut steel production in the second half of 2021, market sources said.The central Chinese government had asked steelmakers to reduce steel output in the second half for two reasons. The first is the short-term target of keeping the country's total steel output for this year from exceeding...Read More
Technical analyst Clive Maund explains why he is bullish on gold and precious metals. Despite the looming threat of massive inflation, or at least stagflation in the event that markets collapse, many appear to have given up on gold at the worst possible time, perhaps due to the mistaken belief that it will be perpetually suppressed by market manipulators. The key point to grasp with gold, which h...Read More
Steelmakers in China are preparing to join the country's national carbon trading market by measuring their emission levels to secure carbon quotas that match their output.The China Iron & Steel Association has instructed member mills to submit their production and carbon emission details to it by August 14 to study the quota for every mill. The steel sector is among the next slew of major industri...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 4 that are worth another look.Novolipetsk Steel (NLMK), Russia's largest steelmaker, will increase output of hot-dipped galvanized (HDG) coil by starting up a new line at its Lipetsk site in the second half of 2022.Read More
An overview of the consumer electronics markets and their latest price moves.Janie Davies, Cristina Belda...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 4Please click...Read More
The United States copper premium continued to rise in the week to Wednesday August 4 and the Shanghai copper premium also rose due to a high import appetite despite arbitrage losses, sources told Fastmarkets.US copper premium range widens upwardFastmarkets adjusted its copper grade 1 cathode premium, ddp Midwest US to 8-9 cents per lb, the highest assessment in over a decade. This reflects a...Read More