Egypt's steel rebar consumption has been weakened this year and could have fallen to 3 million tonnes per year in recent years without government support from various mega projects, Ramy Saleh, chief business development officer at El Marakby Steel said during Fastmarkets' Middle East Iron & Steel virtual conference on Thursday December 17.Speaking on the Egypt panel, Saleh said Egypt's steel sect...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Time Stamp References:0:00 - Introduction0:46 - Martin's Background8:25 - A.I. Reporting10:20 - The Money Cycle15:16 - Europe & U.S. Dollar19:01 - Gold Peg Problems23:40 - Bond Bubbles28:50 - The Great Reset32:36 - Growing Civil Unrest35:06 - Gold vs. Government44:13 - Ongoing Risks & War50:02 - WrapupMartin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Ronald Stoeferle and Grant Williams in this first half of Holiday Special series to talk about fiat currency debasement and inflation, commodities and different ways to hedge, crypto currencies and more.Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. G...Read More
Fintwit superstar Brent Johnson and I sit down to talk about the current macro environment, what his thoughts are RIGHT NOW on the dollar milkshake theory (has he changed his view?), the Federal Reserve using swap lines as political weapons and much much more. This Episode is going to blow you away!!Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.George Edward Gammon i...Read More
Andy Schectman, CEO of Miles Franklin Precious Metals, returns to Liberty and Finance to offer a 2020 year in review and 2021 Preview. Andy puts the crosshairs on a startling stealthy pattern that has emerged since 2017, and has reached a climactic new phenomenon in 2020 which sets the stage for an electrifying 2021 for gold & silver. Don't miss this riveting expose!In this Interview:-------------...Read More
"It's a cabinet that looks like America, taps into the best of America, and opens doors and includes the full range of talents we have in this nation," Biden stated.Continue...Read More
Spying is as old as civilization. As long as there have been leaders with secrets and armies on the march, opponents have wanted to know Continue...Read More
In my 2011 book, Currency Wars, I gave a detailed description of the first-ever financial war game sponsored by the Department of Defense. Continue...Read More
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.Continue...Read More
"I'm going to get in trouble for saying this..I'm unsure of that. I'd be unlikely to do that."Continue...Read More
There aren't many companies that meet these criteria, but there are a handful out thereContinue...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 24 that are worth another look.The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal...Read More
The British light iron market was steady over the week to Wednesday December 23 as trading activity slowed ahead of the Christmas and New Year holidays, with many traders already off work, trade sources told Fastmarkets.Still, with European export markets into key destinations such as Turkey climbing since Friday December 18, it seems likely that UK steel scrap prices will extend their price gains...Read More
The price of shredded steel scrap imported jumped over the week to Thursday December 24 due to the uptrend in the international market, sources told Fastmarkets. India Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $461.63 per tonne on Thursday, up by $32.80 per tonne week on week from $428.83 per tonne one week earlier. One deal was heard this week...Read More
Brazilian slab export prices rose this past week, when sellers increased offers in an attempt to achieve higher price levels.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil rose to $670-685 per tonne fob on Thursday December 24, up from $650-670 per tonne fob on Friday December 18.Sellers have been probing...Read More
Steel billet and rebar prices have increased again in Egypt in the week to Thursday December 24, with demand for rebar said to be moderate because of restocking, market sources told Fastmarkets.Locally produced billet was sufficient to meet demand from rebar producers, so buyers did not book any import billet.Demand for rebar and billet has been slow in the country since the imposition of a ban on...Read More
Offers for steel billet from the Commonwealth of Independent States remained high this week despite buying activity only really being seen in Turkey, sources told Fastmarkets on Thursday December 24.Billet offers from major Russian and Ukrainian suppliers were heard at $600-605 per tonne fob Black Sea on Thursday, up from $580-600 per tonne fob on Monday December 21.One electric-arc furnace (...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 24 that are worth another look.The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal...Read More
Do you feel the Christmas spirit whenit comes to the yellow metal and miners? Because we don’t. Multiple signs overthe past few days point to bearish weeks ahead for gold and the gold miners.The VanEck Vectors Gold Miners ETF (GDX) - the most liquid vehicle forinvestors and traders to gain exposure to gold mining companies – is indicatingthat things are only about to go downhill from h...Read More