Hot-rolled coil trading activity in the European market remained limited on Tuesday August 17 due to the seasonal slowdown, sources told Fastmarkets.Most of the region's buyers and producers have been holding back from trading during August; activity is not expected to revive until early September, following the traditional cycle.Northern European buyers have already started to slowly return to th...Read More

Crypto is back.I first recommended cryptocurrencies in my Bull and Bust Report about four years ago.My readers made roughly 2,500% and 1,040% gains by buying Bitcoin (BTC) at $450 and Ethereum (ETH) at $96. Those two coins are now trading at $45,000 and $3,093, respectively.I've gotten emails from people for whom these trades provided life-changing money.Don't get me wrong - Bitcoin and other alte...Read More

A summary of the financial results for Turkey's largest steelmaking group, Erdemir, for January-June 2021.In brief Erdemir Group produced 4.503 million tonnes of crude steel over the half-year, equivalent to 23% of the national total. The group's earnings before interest, taxes, depreciation and amortization (Ebitda) increased by 284.99% in January-June 2021, because of strong demand for steel in....Read More

Domestic prices for steel rebar in Russia's Central Federal District around Moscow narrowed upward by 2,000 roubles ($27) per tonne in the seven days to Monday August 16.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, cpt Moscow, Russia, was 66,000 roubles ($900) per tonne including 20% value-added tax on August 16.This price narrowed upward from 64,000-66,000 roubles pe...Read More

Demand for steel rebar and billet remained limited in the United Arab Emirates in the week to Tuesday August 17, with prices already falling and some market participants expecting them to drop even further, sources told Fastmarkets.The lower prices for billet and rebar imports are expected to have a knock-on effect on the domestic market, where prices are also expected to decline because of weak d...Read More

Turkish steel producers are continuing with deep-sea scrap purchases for September shipment, but at a slow pace, market participants told Fastmarkets on Tuesday August 17.A steel mill in the Izmir region booked a Venezuelan cargo consisting of 25,000 tonnes of HMS 1&2 (80:20) at $449 per tonne cfr late on Monday August 16.The cargo was scheduled to be shipped in the second half...Read More

Seaborne iron ore prices fell on Tuesday August 17, with crude steel production cuts in China leading to thin trading and depressing market sentiment.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao:  $160.75 per tonne, down $2.77 per tonne62% Fe low-alumina fines, cfr Qingdao:  $161.65 per tonne, down $2.38 per tonne58% Fe fines high-grade premium, cfr Qingdao:  $129.54 per t...Read More

Robust domestic prices in the Japanese steel scrap market were keeping prices for material from the East Asian country strong despite tepid demand from major importers, sources told Fastmarkets on Tuesday August 17.Japanese local scrap prices remain firmBuying interest for imported HS limited in ChinaTaiwan scrap import prices inch higher amid strong offers.JapanContinued robust demand in Japan's...Read More

It is normal for pandemics to dissipate into endemics, and that is where we are at this point in the story. It's time for us to learn how to live with SARS-CoV-2 as a part of our lives and our future. And it's time for us to understand what the data really tells us about how best to move forward in our lives knowledgeably and gracefully. Follow us to an uncensored Part 2 here on the mass psychosis...Read More

Our Daniela Cambone catches up with George Gammon of the Rebel Capitalist Show to speak about the Fed's next moves ahead of the upcoming Jackson Hole Symposium. "The Fed controls the narrative and the market will realize they are being played," Gammon says. "People need to ask themselves if the market can crash up...just like Venezuela," he cautions. "The market can be going up, but you can still...Read More

CNBC's 'Squawk Box' team discusses the potential global economic repercussions of Afghanistan's fall to the Taliban with Kyle Bass of Hayman Capital.Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.Read More

0:00 - Introduction0:34 - Flotation Pivot3:19 - Dynamic Strategy8:44 - Debt Death11:29 - Deflationary Depression13:29 - Gold Thesis & Weighting17:47 - Coming Bond Crisis22:22 - Bonds Vs. Stocks25:56 - Wrap UpTom welcomes back Michael Pento, President and Founder of Pento Portfolio Strategies, to the program. To subscribe to our newsletter and get notified of new shows, please visit http://palisade...Read More

In this episode of Keiser Report, Max and Stacy enjoy a 'cup of Joe Biden' as consumers are happy to pay ever higher prices for their morning cup of coffee thanks to the ongoing stimulus and enhanced unemployment benefits. In the second half, Max interviews Alasdair Macleod of GoldMoney.com about his latest piece, "The Extinction of Gold Derivatives' and what it has to do with the Nixon Shock and...Read More

Jesse Ventura, the host of RT's The World According to Jesse, joins Rick to discuss the end of the war in Afghanistan and the takeover of the Taliban. A decorated Vietnam veteran, Jesse draws parallels between the fall of Kabul to the fall of Saigon after the Vietnam war. Jesse Ventura, is an American politician, actor, author, Navy Seal, and former professional wrestler who served as the 38th Gov...Read More

Brien Lundin is the editor of the Gold Newsletter and CEO of the New Orleans Investment Conference. In this episode, Brien reminds gold investors to focus on the big picture macro argument for gold and not to be emotionally swayed by the near-term price fluctuations. He also discusses his approach to investing in the junior gold sector. Brien addresses why he has not invested in crypto currencies...Read More

00:00- Intro01:04- Inflation & Fed Tapering03:12- Final Melt-Up in Stock Market06:47- Tech Stock09:13- The US Dollar Weakening12:15- What Happened in the Flash Crash?16:45- The Biggest Risk18:09- SummaryThis week on GoldCore TV, Dave Russell welcomes David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, who expects a stock market meltdown. According to David, a global bust could occur...Read More

We are joined on Metal Money by Steve Penny, founder of SilverChartist.com. Amidst uncertainty plaguing the gold and silver markets, technical analysis shows that gold's bottom may be in given its bounce off a major 3-year uptrend line last week. Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny's Silver Chartist: https://www.silverchartist.com.Read More

Silver is headed lower in the short-term, says trader Gareth Soloway of http://InTheMoneyStocks.com. However, long-term, silver could reach $50, he says. If a pull-back occurs, it may present an incredible opportunity to Dollar-cost average on the way down.0:00 Intro1:17 Silver news update2:26 Dollar-cost average3:17 $20 silver, then $505:28 Fed taper?11:45 Bitcoin news update15:15 Stock market cr...Read More

"Stay local and do not congregate, don't talk to your neighbors, please keep to your bubbles," said Ardern."We know from overseas cases of the delta variant that it can be spread by people simply walking past one another - so keep those movements outside to the bare minimum, wear a mask, and make sure you keep up that physical distancing," she added.Continue...Read More

"We understand people kept weapons for personal safety. They can now feel safe. We are not here to harm innocent civilians," the official told Reuters.Continue...Read More