This time last year, I was researching and writing my latest book, The New Great Depression. The book is mostly aboutContinue...Read More

Don't worry, Dr. Jill is in charge now. This normally wouldn't matter, but since it's become painfully aware that Joe Biden is suffering from at least partial mental decline, this photo takes on aContinue...Read More

This week, the restaurant company announced menu price hikes of about 4% to cover the higher wages. Now people are angry that they're going to have to pay more for a burrito.Continue...Read More

The 'Trump Won MLB Tour' continues ! Las night stop Miami, Florida.Triggering the libs in 4 baseball parks now.Continue...Read More

Scientists from the Cleveland Clinic have recently evaluated the effectiveness of coronavirus disease vaccination among individuals with or without a history of Continue...Read More

Macron told a news conference he would like the sale of gold reserves to help finance this planned aid for Africa.Continue...Read More

Buying was fast and simple. You select which gold bar you want, then feed the machine bank notes and hit purchase.Continue...Read More

Turkish steel billet prices in both the local and export markets have decreased over the past week on limited demand, market participants said on Thursday June 10.Long steel prices in the country, on the other hand, increased slightly during the week because of higher materials costs.Most market participants in Turkey expected billet prices to increase in the next few weeks as well, because of inc...Read More

Some traders continue to look for alternative buyers for Indian steel billet cargoes outside of the Chinese market amid problems shipping from India to China, sources told Fastmarkets.High Covid-19 cases in India have threatened to choke the export business from India's east coast amid rising freight rates and cases of Indian vessel rejections at Chinese ports, sources said.Traders continued...Read More

Money manager Adrian Day looks at two factors that have been moving gold, and provides updates on several resource companies he believes are progressing in this strong market, with some "strong buys" among the group. The recent jump in the Consumer Price Index (CPI) generated a lot of attention, with consumers noticing a wide range of price increases while the Federal Reserve and its apologists i...Read More

A BMO Capital Markets report discusses MAG Silver's financial position and the Juanicipio joint venture. In a May 18 research note, BMO Capital Markets analyst Ryan Thompson reported on MAG Silver Corp.'s (MAG:TSX; MAG:NYSE A) available cash relative to its share of remaining capex for the company's Juanicipio joint venture (JV) project with Fresnillo. Thompson noted that MAG had US$94 million in...Read More

China's domestic rebar prices continued to trend upward on Thursday June 10 after trading activity picked up in response to rising futures.DomesticEastern China (Shanghai): 5,000-5,030 yuan ($782-787) per tonne, up by 30-40 yuan per tonneTrading houses expect spot rebar prices to keep rising on the bullish sentiment in the futures market. As such, they raised their procurement rates to stock up on...Read More

Gold is okay, but not yet uniqueThere are times when gold is an okay inflation hedge, while under-performing the likes of industrial metals, oil/energy, materials, etc. During those times, if you’re doggedly precious metals focused you should consider silver, which, as a hybrid precious metal/industrial commodity, has more pro-cyclical inflation utility than gold.But as I have argued for muc...Read More

The worldwide shift toward cleaner, greenerenergy sources once again appears to be picking up speed.While the world’s focus on climate changeunderstandably took a backseat to the Covid-19 pandemic for most of the past 18months, that focus on climate change has started to return in a powerful way. In fact, our transition into a post-pandemicenvironment is triggering a number of significantopp...Read More

Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More

With the current situation suggestiveof a Monty Hall problem, investors are clinging to the first, bullish door. Butwhat if a different option is more likely?The Monty Hall problem is a form of aprobability puzzle, and what it shows is immensely unintuitive. Suppose you areon a game show, and you need to choose one of three doors. Behind one of themis a car and behind the others, goats. You pick a...Read More

The current upward momentum in pricing in the steel market should continue in the third quarter with support from short supply and solid demand, buoying an already optimistic market, the International Rebar Producers & Exporters Association (Irepas) said on June 4.EuropeRebar prices reached new highs during the second quarter of 2021 on support from long lead times, strong demand and limited impor...Read More

Brazilian iron ore producer Vale has halted part of the railroad it uses for exports following a warning from an authority about tailings dam risks, causing a production stoppage at its Timbopeba plant and Alegria mine, the company said on Friday June 4.The disruption will result in a production loss of 33,000 tonnes per day of iron ore fines at Timbopeba and 7,500 tpd at Alegria, it said. Both un...Read More

Here are five Fastmarkets stories you might have missed on Thursday June 10 that are worth another look.The European Commission (EC) plans to set a carbon border adjustment mechanism (CBAM) for imports of some goods, including steel and aluminium, to prevent the risk of carbon leakage, according to...Read More

Ferro-molybdenum and molybdic oxide have traded at more than 10-year highs in Europe this week following a new wave of inquiries and fresh concern over availability. Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam rose to $38.25-41.50 per kg on Wednesday June 9. Prices are up by  41.42% compared with the beginning of May, and material is trading at its highest...Read More