Fastmarkets has corrected its daily Turkish steel scrap indices, which were published incorrectly on Wednesday January 6 due to a technical error.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey should have been $475.14 per tonne, instead of $464.17 per tonne as previously published.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix...Read More

Iron ore registered increases across the board on active seaborne trading on Wednesday January 6, with lump prices surging due to tight supplies, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $168.72 per tonne, up $0.86 per tonne62% Fe low-alumina fines, cfr Qingdao: $168.75 per tonne, up $0.75 per tonne58% Fe fines high-grade premium, cfr Qingdao:&nbs...Read More

Here are five Fastmarkets stories you might have missed on Wednesday January 6 that are worth another look.The import price for cargoes of steel billet to Southeast Asia started the new year flat even after sellers sought to raise offers to the market, sources told Fastmarkets.Read More

It's been a volatile start to the year for lots of markets, precious metals included. Jordan Roy-Byrne, Founder of The Daily Gold joins me to break down the price action of gold, silver, gold stocks, and silver stocks and how they compare to each other.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDail...Read More

David Morgan appeared for FSN while I continue to recuperate from Covid-19. David is doing his usual outstanding analysis of gold and silver prices. According to David gold is now in a cup and handle pattern, the most powerful formation we can observe. David thinks we are in a 2-3 year move. We'll be breaking 2000 gold and once that happens, we're looking at the final leg of this massive movement....Read More

The United States has announced further sanctions on producers of Iranian steel and other metal products alongside foreign-based sales agents of an Iranian metals and mining holding company, but export steel billet and slab prices still rose this week with Iranian sources saying steel trade will be able to continue. US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Tuesday...Read More

Jim Rogers gives his best investment choices for the coming decade but also warns the next few years will bring about economic disaster to those who aren't prepared. Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-se...Read More

Rickards says this will be a process that will take almost two decades, and the U.S. will need 4% inflation to do it. This is why Rickards thinks gold and silver will go much higher in the coming years. Rickards also says the central banks are net buyers of gold and will continue to be. He says everybody should have gold and silver in their portfolios and points out he does not sell any precious m...Read More

Our Daniela Cambone speaks with author Nick Barisheff about his book "$10,000 Gold" and the path to his forecasted price. The gold price has taken a pause since its 2020 run above US$2,000 per ounce, but the author says it could move far beyond that level in the future. "If you look over a reasonable time frame, the price of gold and the total amount of US debt are correlated, so they would go up...Read More

Peter Schiff talks about the U.S. dollar, inflation, and China with Chris Salcedo on Newsmax. *Recorded December 29, 2020.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 con...Read More

1. Markets started the day mixed after the Georgia run-off election results are likely favoring the Democrats. Right after the opening bell the major stock indexes started to rally. The Dow Jones Industrial Average (DIA), Russell 2000 (IWM) and the S&P 500 Index (SPY) are all sharply higher now. The tech heavy NASDAQ Composite (QQQ, XLK) is still negative , but well off the lows of the day. Russel...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

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More

Whether the Democrats or Republicans take the two Senate seats in Georgia will determine how much stimulus the economy will get, said Peter Hug, global trading director of Kitco Metals. Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which became one of the largest inte...Read More

A woman who was shot inside the Capitol has died, several law enforcement officials confirmed on Wednesday.Continue...Read More

"We removed it because on balance we believe it contributes to rather than diminishes the risk of ongoing violence."Continue...Read More

A Democrat lead in the Georgia Runoffs election should be positive for gold, as more stimulus can be expected from a Democrat-controlled Senate, but instead, gold prices fell today.Gary Wagner, editor of theGoldForecast.com, said that markets have taken a more risk-on sentiment following the news.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMO...Read More

I STRONGLY advise if you can, get the hell out of New York while you can. I have written before I opened an account at Bank of America because it was the closest bank to me. That branch never reopened. Continue...Read More

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More

"Influenza has been renamed COVID-19 in large part.""There may be quite a number of influenza cases included in the 'presumed COVID-19' category Continue...Read More