Export prices for long steel products from the Commonwealth of Independent States (CIS) rose again during the week to Tuesday December 29 amid strong market fundamentals.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $650-670 per tonne on Tuesday, up by $20 from $630-650 per tonne a week earlier.Offers for Russia-origin re...Read More
Steel rebar and billet prices in the United Arab Emirates (UAE) remained stable over this assessment week after producers closed their order books a week ago and intend to announce new prices next week or later, sources said on Tuesday December 29.Domestic rebarThe country's steel producers sold rebar at 2,259-2,295.5 dirhams ($615-625) per tonne ex-works for orders to be produced in January last...Read More
The domestic rebar market in Russia's Central Federal District around Moscow was quiet in the week to December 29 with most producers still holding back January volumes on export duty imposition fears, several sources told Fastmarkets.In the second half of December, Moscow-based construction companies lodged a complaint to the government about sharp rebar prices increase in the fourth quarter of 2...Read More
Seaborne iron ore prices declined again on Tuesday December 29 due to the cold wave in China suppressing operations at ports and leading to weakened steel demand, sources said. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.02 per tonne,down $0.83 per tonne62% Fe low-alumina fines, cfr Qingdao: $163.50 per tonne,down $1 per tonne58% Fe fines high-grade premium, cfr Qingdao: $152.15 p...Read More
China's domestic rebar prices halted their upward trend on Tuesday December 29 on market participants' pessimistic outlook for end user demand, Fastmarkets heard.DomesticEastern China (Shanghai): 4,430-4,450 yuan ($678-681) per tonne, unchangedAdverse weather led to weak rebar demand at construction sites and disturbed truck transportation, sources said.The rain and low temperature will continue f...Read More
Marc Faber says that in the 70's the US stock markets was oscillating between 20-30% of the GDP. Now, it is 190%. It is a sign that financial markets are high and economic activity hasn't expanded that much. At the same time, we have the commodities market, especially agricultural commodities and related stocks, that are relatively depressed. Compared to financial assets, precious metals are relat...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
The election is over, vaccines are being rolled out, and the mainstream is looking to greener pastures ahead. But are greener pastures ahead, or could we be in for one really rough ride?Steve St. Angelo of SRSrocco Report joined Silver Doctors on Tuesday, December 29, 2020, for a robust discussion on where we are and where we may be headed as we move into the new year and beyond.Some of the topics...Read More
Questions/Timestamps:1. CR: I have an estate account. I just put over $500k into it and was told the funds would be available on the 12/9. I went to wire $ to ITM and was told no, funds now being held until 12/16.?EUR?I just got a call from someone in the NY chase office asking me what my intentions were for the cash. If I left it with them for an additional 2 months, I would be able to profit app...Read More
In today's must-watch update, Jeff Clark asks Mike Maloney a very interesting viewer question - 'What would it take for you to announce that you are wrong about gold and silver and where they are heading?' Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsletter from Doug Casey's Casey Research. He is also the Senior Precious Metals Analyst at GoldSilver.com. Having...Read More
Our whole crew got together to celebrate the start of what we hope will be a happier year: Happy New Year from all of us at Boston Dynamics. www.BostonDynamics.com.Read More
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In this episode of Keiser Report, Max and Stacy spend the special end of year episode with Mitch Feierstein of PlanetPonzi.com. They look at the two worlds in which one is markets at all time highs and there is a roaring 20's style good times and the other where jobs and money are scarce as during the Great Depression of the 30s. But what does 2021 hold as those in the world of the Great Depressio...Read More
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Bobby Piton, the mathematician who testified at the Arizona voter fraud hearing dropped a bombshell this weekend.Continue...Read More
"This all suggests that COVID-19 is a relatively benign disease for most young people, and a potentially devastating one for the old and chronically ill, albeit not nearly as risky Continue...Read More