Prices for steel billet exports from the Commonwealth of Independent States softened early in the week started Monday June 28 due to a lack of support from buyers.Russian suppliers mostly continued to stay away from the market, with no fresh offers placed yet following news last Friday of the planned introduction of an export duty on steel products from August 1.The duty's base rate will be 15%, w...Read More
Despite the recent pullback, the silver chart remains bullish. The chart pattern shows that people are accumulating silver. "As long as momentum and the accumulation continues," Chris Vermeulen says, "we're going to see this eventually break to the upside." Chris online: https://www.thetechnicaltraders.com0:00 Intro1:15 Dollar rallies, gold falls4:10 Fear in market5:10 Gold chart damage7:49 Multi-...Read More
Tucker Carlson says an NSA whistleblower has stepped forward and provided evidence that the National Security Agency (NSA) has been spying on him.Continue...Read More
The longer this goes on, the harder the "transitory" inflation label is to justify.Continue...Read More
I have been getting a lot of inquiries about offering premium content and as a result I am looking to start up some type of service in the near future whether it be a site with a paywall, interactive and educational courses, or personal coaching. As such, I would really like to hear more feedback in regards to what types of subscription service(s) that people are interested in so I can better dete...Read More
As economies around the world reopen, Axel Merk, president & CIO of Merk Investments, shares his insights on central bank monetary policy, currencies, and equity valuations. Merk argues that the dollar will weaken as global economies attempt to reflate by borrowing dollars and investing domestically. He shares his framework for thinking about gold and inflation in response to Chair Powell's meetin...Read More
The Japanese Government Bond market is nearly $10 trillion in size. It is the 2nd biggest bond market in the world. However, it comes as a shock that this humongous market barely trades any longer.Continue...Read More
Twelve year-old Maddie was enrolled in the Pfizer vaccine clinical trial. She's now in a wheelchair, has an NG tube, and is suffering from severe memory loss, along with many other issues.Full video is here...Read More
"Make no mistake: we're in the midst of an unprecedented wave of bigotry and discrimination in this country, and the state of California is not going to support it," Bonta said.Continue...Read More
The media knows the election was stolen. The evidence was too widespread and transparent, beginning with the amazing middle of theContinue...Read More
How to profit from inflation is a question we should all be asking. Inflation is a trend that is likely to stay with us for quite sometime. If you don't know how to profit from inflation, you very likely will lose purchasing power, and the standard of your lifestyle will decrease, as inflation erodes the power of your income and savings. But if you how to profit from inflation, you can participate...Read More
Why is the U.S. national debt now over $28.4 trillion?Why do statists despise gold?Continue...Read More
The steel rebar and billet import market in the United Arab Emirates was slow after the country's biggest steel producer announced reduced rebar prices, sources told Fastmarkets on Tuesday June 29.Emirates Steel, the biggest producer in the UAE, decreased its rebar price by 55 dirhams ($14.97) per tonne to 3,012 dirhams per tonne ex-works in effect from June 27.The new rebar price did not improve...Read More
Sector expert Michael Ballanger argues that markets are better used as barometers than thermometers, and warns current Federal Reserve policy protects the wealth of bankers, not citizens. Over the years, I have witnessed a number of debates over a wide variety of topics that ranged from capitalism-communism (1960s), civil rights (1960s), Kennedy assassination (1963), Turner vs. Mulroney (1984), B...Read More
"The government has formally and officially come out and informed Congress that these things are - A, they're real - and two, thatContinue...Read More
A Research Capital Corp. report discusses how Spanish court decisions affect Emerita Resources and why it believes the company is an excellent vehicle for investors to gain exposure to very promising base metal projects in Spain. In a June 24 research note, Research Capital Corp. analyst Adam Schatzker reported that previous decisions in the Spanish courts related to the tender process for the Az...Read More
The European ferro-titanium and titanium scrap markets may be set to push higher in the coming months after news that Russia will impose an export tax on ferro-alloys between August 1 and December 31 this year, according to industry sources.Europe imported around 1,500 tonnes of ferro-titanium per month on average from Russia in the past three years, including Scandinavia and Turkey, with 1,700-1,...Read More
Home prices are surging, making some investors worry about the housing market. These fears seem to be exaggerated, but bubble-like conditions are widespread.House prices are surging. As the chart below shows, the S&P/Case-Shiller U.S. National Home Price Index has reached 239 in February 2021, the highest number in history and about 30% higher than during the 2006 peak. What’s more, the...Read More
When gold stock bulls complain about a “smack down”, a “hit” or a “smash” against the poor gold stock sector what they should be thinking about is what a relatively small market the gold stock universe is compared to the multitude of galaxies populated by cyclical and risk on stocks and commodities and the massive bond market. The gold stock sector’s noise...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More