China domestic battery-grade lithium carbonate prices narrowed up by 2.3% week on week on Thursday December 10 supported by short supply, while other battery-grade prices were steady.China's battery-grade lithium carbonate price narrowed up on tight supply and buying from smaller consumers. Chinese producers insisted on higher prices for industrial-grade lithium carbonate. Europe and US lithium te...Read More

A persistent global uptrend and a quick shift to negotiations for March-shipment cargoes, in some cases, continued to drive import prices for flat-rolled steel in South America significantly upward during the week to Friday December 11.A few Chinese mills took the unusual decision to change their offer prices twice in the week. Demand remained strong, but market participants started to become caut...Read More

Domestic prices for hot-rolled coil increased day on day in Northern Europe on Friday December 11 due to a materials shortage in the market combined with good demand from distributors, sources have told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?606.25 ($734.10) per tonne on Friday, up by ?,?1.25 per tonne day on day from ?,?605.0...Read More

Demand for coated steel products in the domestic Turkish market was strong in the week to Friday December 11 while supply was still limited, sources told Fastmarkets.As a result, prices kept increasing during the week, reaching their highest levels since the end of 2012.Some coated coil producers sold limited quantities of product at the beginning of the week, and then closed their orderbooks.The...Read More

Rails made from "green steel" by Liberty France, a subsidiary of the Liberty Steel Group, have been approved for use on the French rail network by national service supplier SNCF R?(C)seau, the company said on Thursday December 10.The key focus for Liberty after it acquired the operations in August this year was to connect the Ascoval steelworks near Saint-Saulve with the Hayange rail mill in Mosel...Read More

Domestic steel rebar prices in Poland leapt upward over the week to Friday December 11, driven by short supply and rising scrap costs, and market participants expected further rises in the first quarter of 2021, Fastmarkets has heard.Polish producers had no more December-rolling rebar available, market sources said."ArcelorMittal and CMC Zawiercie had no December rolling, and there are no new pric...Read More

Chinese rebar exporters were more active this week amid an increase in overseas prices that made China-origin cargoes more attractive to potential buyers.DomesticEastern China (Shanghai): 4,200 -4,230 yuan ($642-647) per tonne, up by 130 yuan per tonneNorthern China (Beijing) weekly assessment: 3,840-3,870 yuan per tonne, up by 140 yuan per tonneThe May rebar contract on the Shanghai Futures Excha...Read More

The UK market for steel scrap deliveries to domestic steelmakers for monthly contracts increased for the second month in a row in December, against rallying European export markets and tight flows of scrap into British yards, industry sources said in the week to Friday December 11.The British market has also been affected by surging costs for containers for the export of metal goods internationall...Read More

The price for pig iron exports from Brazil went up again during the week to Friday December 11 on continued strong demand in the United States.Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $445-450 per tonne on Friday, up from $420 per tonne a week before.A sale to the United States was heard at...Read More

Global steel scrap prices continued to increase throughout the week to Friday December 11 on active purchasing from steel mills and tight supply in the spot market.Turkey purchases at increasingly higher prices on tight supplyUS exporters see brisk trade on East CoastTaiwan sees continued shortage in containerized scrap supplySurge in Kanto Tetsugen auction cause H2 offers to spike in VietnamIndia...Read More

Gold has bounced back from its support level of the low $1,800s, and is on track to touch $1,920 by Christmas time, said Peter Hug, global trading director of Kitco News.0:00 - Fiscal stimulus5:06 - Equities7:06 - Gold's macro drivers9:28 - Gold price levels to watchPeter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera....Read More

Bob Thompson of Raymond James in Vancouver subs in for Eric this week and shares his views on the precious metals and the status of the bull market as we head into 2021.Read More

For Part 1 of this interview, CLICK HERESilver may be Thomas Kaplan's first love as he sees the potential for the precious metal to eventually push to $100 dollars; however, he is also not giving up on gold as he sees the yellow metal in the third-wave of a secular bull market that will take it "way past new highs."He noted that gold was in a strong uptrend well before the COVID-19 pandemic devast...Read More

If bond prices start spiking then look out below. When the Door-Dash's of the world go up 90 percent in a day, something is amiss. 40 percent of publicly traded companies aren't making money. 20 percent of them are zombies who can't even make enough to pay their debt service. People have to have a hedge other than Wall Street's 60-40 portfolio allocation strategy. Wall Street is betting on the ret...Read More

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.Read More

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

With a lot of new financial market participants turning to the precious metals unlike ever before, Dave Kranzler of Investment Research Dynamics answered some of the most common questions about gold, silver, and the mining stocks. Fortunately, in addition to answering the basics, he shared some wisdom that would be helpful for even the advanced experts. So to continue building a base of precious m...Read More

Doordash and Airbnb go public with successful IPO, despite never making a profit.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the prin...Read More

"We said that we would watch it. If the hospitalizations didn't stabilize, we would close indoor dining. It has not. We're going to close indoor dining on Monday."Continue...Read More

Calling the US stock market "expensive" is like calling the sun "warm." It really doesn't do it justice. "Insanely overvalued" is more accurate, as the following charts illustrate:Continue...Read More