China's domestic battery-grade lithium carbonate market hit a 14-month high in the first trading week of the year after the price rose by 8% week on week on Thursday January 7 on soaring offer prices and heightened buying appetite.China's battery-grade lithium carbonate price hit a 14-month high due to continued tight supply and producers hiking up prices further. Chinese industrial-grade lithium...Read More

Freight Investor Services (FIS) completed the first brokered trade of the CME Group's cash-settled cobalt futures contract on Thursday January 7, the company told Fastmarkets. Five lots were traded for each month of the February-April 2021 period at $16.75 per lb, according to the United Kingdom-headquartered brokerage.The CME Group's cash-settled cobalt futures contract, which is tied to Fastmark...Read More

Most flat-rolled steel import prices declined in South America during the week ended Friday January 8, reversing a two-month uptrend after remaining unchanged during the year-end holidays.Slower domestic demand in China resulted in some lower offers from mills and some short selling from traders, according to market participants. Additionally, there were reports of many Chinese steelmakers refrain...Read More

The market doesn't care about your politics.You might hate the fact that "sleepy" Joe Biden is the president-elect.You might think Trump is a wannabe demigod unfit to govern.You might be somewhere in between.Does the market care?Not in the slightest.Decade after decade, brief drawdowns aside, stocks keep going up. Looking at the Dow's 30-year chart, I would say we have a long way to go before the...Read More

ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on Friday January 8.New offers for hot-rolled coil have increased to ?,?730 per tonne ex-works, up by ?,?30 per tonne. New offers for hot-dipped galvanized coil moved up by ?,?50 per tonne to ?,?850 per tonne ex-works. Official of...Read More

Domestic rebar prices in Poland have gone up after the new year holidays with further sharp rises expected to follow next week, prompted by shortages and increases in raw materials costs, sources told Fastmarkets on Friday January 8.Buying activity in Poland's rebar market was recovering slowly after the year-end break and was expected to fully resume next week, sources said.Some producers were ba...Read More

China's domestic rebar prices moved up on Friday January 8 due to supply concerns arising from longer transportation time caused by a cold wave and a growing outbreak of Covid-19 in Hebei province. DomesticEastern China (Shanghai): 4,490-4,520 yuan ($694-699) per tonne, up by 30 yuan per tonneNorthern China (Beijing) weekly assessment: 4,080-4,120 yuan per tonne, up by 120-130 yuan per tonneVessel...Read More

The uptrend in the pig iron export sector in the Commonwealth of Independent States (CIS) continued in the week to Friday January 8, despite a seasonally slow market, sources have told Fastmarkets.The weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $550-555 per tonne on January 8, up by $20-25 per tonne week on week from $530 per tonne on December 31....Read More

Turkish steel mills continued to refresh their scrap stocks in the week to Friday January 8, with fresh deep-sea cargoes booked at higher prices, while concerns increased over tight supply in Asia, with China entering the market.Turkish mills book more cargoes for February-March at escalating pricesUS East Coast exporters enjoy demand from Turkish producers; West Coast lacks fresh dealsVietnamese...Read More

Monthly European alloy steel surcharges have increased substantially for January on the back of further gains in the nickel market, sources told Fastmarkets on Friday January 8. Fastmarkets' stainless steel cold-rolled sheet 2mm grade 304 alloy surcharge domestic, Europe was calculated for January at ?,?1,578-1,604 ($1,939-1,971), up by ?,?71-88 per tonne from the December level of ?,?1,507-1...Read More

Brazilian steel slab export prices soared in the week ended Friday January 8, with buyers showing increased interest in securing orders, and sellers trying to achieve new price levels.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, rose to $750-780 per tonne fob on Friday, compared with $670-685 per tonne fob a week earlier.Brazilian slab producers have been full...Read More

A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash.Well, he's certainly been right so far on the melt-up prediction.All major stock indices are trading at record highs. And valuations have never been more stretched.Market Cap to GDP (the famed "Buffet Indicator") has never been higher. Nor has the market's...Read More

After four years of a Republican-dominated government sinking the U.S. financial situation further towards bankruptcy, it's now the Democrats' turn to step firmly on the spending and debt gas pedal. As the "stimulus," and "help" and "bailouts" continue to ratchet up, the standard of living for the American people will continue to ratchet down.Dr. Ron Paul is a physician and former twelve-term cong...Read More

As part of the Outlook 2021 series, our Daniela Cambone speaks with David Morgan of the Morgan Report about issues he is most concerned about as we start the new year: "There is a soybean shortage and major shortages in the food chain and meat industry." He adds, "China is importing everything they can get their hands on and the food supply shortage in the U.S. is reaching critical levels."Known a...Read More

Harley Schlanger's work can be found at LaRouchePAC.com and The Schiller Institute.Read More

0:00 - Introduction0:40 - Silver Cycle Forecast3:02 - ETF Demand4:27 - Valuing Silver9:00 - Silver Supply & Demand13:23 - Applications for Silver17:28 - Attracting Investors20:22 - Bitcoin & Silver22:06 - Economic Expectations26:26 - Money Velocity28:45 - Silver Rules31:31 - Selling Silver?34:10 - Trading Silver For Gold35:33 - Central Bank Digital Currencies38:58 - Silver Backed Crypto40:26 - Wra...Read More

MacroVoices Erik Townsend and Patrick Ceresna welcome Art Berman to the show to discuss the coming domestic production decline which Art still predicts, when it will happen, as well as this week's OPEC+ meeting, and much more.Arthur Berman is a petroleum geologist with 37 years of oil and gas industry experience. He is an expert on U.S. shale plays and currently consults for several E&P companies...Read More

As the Bitcoin price continues to soar, while the media labels it "digital gold," are the cryptos making gold and silver obsolete? To find out what precious metals expert Dave Kranzler of Investment Research Dynamics thinks, click to watch the video now!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave g...Read More

A couple of weeks turned into a month, then a year, and then forever & The Great Reset. We've gone off the rails, and it will be hard to unwind. Dave Collum joined Silver Doctors on Thursday, January 7, 2021, for a hard hitting discussion on the markets, the economy, and a whole lot more. Not a whole lot to write about with this one, but a whole lot to talk about, and all of it super-duper importa...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