There's always a clip... the great Ron Paul predicted everything. While horrific scenes from Kabul airport drove headlines in the West, former Congressman Paul's words are trending once again. Continue...Read More
CNBC's 'Squawk Box' team discusses the potential for the Fed's tapering timeline, markets, economy and more with Mohamed El-Erian, Allianz and Gramercy advisor.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the...Read More
Let's start with a look at how the dollar has fared since the Federal Reserve gained control of it:Continue...Read More
Export prices for steel billet from the Black Sea basin have continued to decrease in mid-August amid limited demand in most outlet markets and lower costs for scrap raw material globally.Customers from Europe were mainly out of the market due to the holiday season in that region, while Turkish buyers were not willing to pay more than $650 per tonne cfr (equivalent to $620 per tonne fob) due to th...Read More
The new round of restrictions because of COVID variants is sending the world into an economic tailspin. Even in Thailand, the food lines are massive Continue...Read More
?>>?Is Ray Dalio being honest now that he's made billions more for himself and his investors the last decade? Fed officials say tapering is near, advancing discussion on rate hike https://finance.yahoo.com/news/feds-b...So while Fed governors are supposedly preparing to taper and hike rates, retired billionaire hedge fund manager Ray Dalio says that the Fed can't taper QE or hike interest rates, w...Read More
"The close relationship between lead production rates and lead concentrations in humans in the past, suggests that without proper regulation we will continue to experience the damaging health impacts of toxic metals contamination," Continue...Read More
"Ensuring low-income families have access to a healthy diet helps prevent disease, supports children in the classroom, reduces health-care costs and more. And the additional money families will spend on groceries helps grow Continue...Read More
News of India's defeat of the Delta variant should be common knowledge. It is just about as obvious as the nose on one's face. It is so clear when one looks at the graphs that no one can deny it.Continue...Read More
"Central banks are likely to continue buying gold on a net basis in 2021 at a similar or higher rate than in 2020, driven by a continued focus on diversification and risk management," Continue...Read More
If you're looking for the best silver coins worth money to invest in or buyContinue...Read More
Eastern China's domestic rebar price decreased slightly on Monday August 16 after the National Bureau of Statistics (NBS) released housing industry data for July.DomesticEastern China (Shanghai): 5,190-5,220 yuan ($801-806) per tonne, down by 10 yuan per tonneThe total area used for new housing construction totaled 1.19 billion square meters in January to July, down by 0.9% year on year, while the...Read More
Fastmarkets proposes to increase the frequency of its China import steel billet price from once to twice each week because of continued price volatility in the market.Fastmarkets' price assessment for steel billet, import, cfr China has been subject to constant fluctuations and high liquidity since the price was launched in February 2021.Key factors affecting the Chinese import billet price h...Read More
In a recent broadcast, Technical Adviser Quinton Hennigh discussed E2 Gold Inc. and provided an update on eight other companies, all in Crescat Capital's mining exploration portfolio. Crescat's Technical Adviser Quinton Hennigh began his slide presentation by talking about E2 Gold Inc. (ETU:TSX.V), a mining company that began trading earlier this year. E2's Hawkins gold project is on an intriguin...Read More
H.C. Wainwright & Co. reiterated its "Buy" recommendation for MAG Silver Corp. based upon the success of the company's FY/20 drill program that used infill and expansion drilling to greatly define surface and underground mineralization. H.C. Wainwright & Co. research analyst Heiko F. Ihle, CFA, advised in an August 9 research note that on August 5, 2021, MAG Silver Corp. (MAG:TSX; MAG:NYSE Americ...Read More
A Research Capital Corp. report noted "there remains upside as [Emerita Resources] continues drilling on the IBW project and the Aznalcollar dispute approaches a conclusion." In an Aug. 13 research note, analyst Adam Schatzker reported that Research Capital Corp. raised its target price on Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE) to CA$2.65 per share from CA$2.40 (the current p...Read More
Key participants in India's steel and scrap sectors welcomed the launch of the National Automobile Scrappage Policy at an investor summit held by Prime Minister Narendra Modi, with private companies signing Memoranda of Understanding (MoUs) to set up vehicle scrapping facilities, Fastmarkets has heard.The investor summit was held in Gujarat on August 13, and was addressed by Modi via video confere...Read More
Eastern China's domestic rebar price decreased slightly on Monday August 16 after the National Bureau of Statistics (NBS) released housing industry data for July.DomesticEastern China (Shanghai): 5,190-5,220 yuan ($801-806) per tonne, down by 10 yuan per tonneThe total area used for new housing construction totaled 1.19 billion square meters in January to July, down by 0.9% year on year, while the...Read More
China's Covid-19 measures are causing chokepoints in the country's ferrous supply chain, raising logistical costs for both traders and steel mills.China's National Health Commission reported 51 new cases of Covid-19 on Monday August 16 - 38 imported cases and 13 locally transmitted ones. Six of the locally transmitted cases were in Jiangsu province, while six were detected in Henan. While the numb...Read More
Here are five Fastmarkets stories you might have missed on Monday August 16 that are worth another look.Apparent steel use in the European Union will increase by 11.2% year on year in 2021, the European steel association Eurofer said in the week to August 16.A lack of available containers for shipments out...Read More