Domestic prices for steel mesh-quality wire rod in the north of Europe unexpectedly surged in the week to Wednesday January 13, amid sharp increases in feedstock costs and persistent supply tightness, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe rose by ?,?45-70 per tonne, to ?,?675-700 ($821-851) per tonn...Read More

The Turkish deep-sea markets remained largely silent on the third working day of the week, but with sentiment beginning to turn negative, sources said on Wednesday January 13.After a number of steel scrap cargoes were booked at the end of last week, the mills stepped back from deep-sea bookings."The number of offers is increasing, especially from US merchants. I think this might be a sign of a dow...Read More

The seaborne iron ore lump premium rose on Wednesday January 13, supported by firm demand and limited supply, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $170.11 per tonne, down $2.56 per tonne 62% Fe low-alumina fines, cfr Qingdao: $170.90 per tonne, down $2.10 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $156.92 per tonne, down $0.78 per tonne 65%...Read More

Iran's export prices for steel slab and billet remained stable over the week to Wednesday January 13, with about 30,000 tonnes of billet sold during the review period, sources told Fastmarkets.More deals were expected to be done later in the week, but most market participants did not expect any price increases because of the slowdown in the rate of global price rises.The sharp uptrend in global st...Read More

Prices for cargoes of steel billet to Southeast Asia moved down slightly in the last day amid a sharp increase in material offered to the market, sources told Fastmarkets on Wednesday January 13.A steep drop in China's future markets - and subsequently rebar prices - led to several billet producing mills going to the market to offer cargo on Tuesday and Wednesday, market participants said.Blast fu...Read More

Jordan Roy-Byrne, Founder of The Daily Gold joins me to share the levels he is watching for gold, silver and GDX. I also have Jordan comment on the relationship between gold and other markets plus silver and the base metals.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

China's construction sites are still operating normally despite a rise in the number of Covid-19 cases but the seasonal demand drop continued to push down domestic rebar prices on Wednesday January 13. Domestic Eastern China (Shanghai): 4,350-4,370 yuan ($672-676) per tonne, down by 30 yuan per tonne Market sources attributed the 0.7% day-on-day drop on the seasonal drop off in demand. Constructio...Read More

Today's guest says the new depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Author and economist, James Rickards, says "The virus didn't cause the depression, it was our response to the virus." In his latest book, The New Great Depression, James pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do t...Read More

More retirees are rushing into equities, especially stocks with high dividend yields, but the sentiment on equities markets has now reached mania levels, said Peter Grandich, founder of Peter Grandich & Co.0:00 - Market sentiment11:34 - Politics and the markets15:11 - Retirement plans in dangerPeter Grandich's work can be found at Peter Grandich and Company and Pete Speaks.Read More

HSBC, the largest bank in the U.K, will no longer be transacting with cryptocurrency exchanges; it will neither process crypto payments nor allow wallet-to-bank transfers. The news follows the country's Financial Conduct Authority issuing a warning to avoid cryptos, noting that investors could lose all their money. Our Daniela Cambone speaks with industry insider Vince Lanci of Echobay Partners ab...Read More

Hemke says yield curve control by the Fed will cap interest rates, but the money printing and inflation will have to rise dramatically. This is why Hemke is predicting, "By the end of 2021, gold will be $2,300 per ounce and silver will be around $45 per ounce." Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, c...Read More

Topics:Agricultural commodities ore on fire.Nobody needs bitcoin.A market driven by inflation is different than a market driven by earnings.Biden administration will exploit the attempted "insurrection"Tech currying favor from Biden administration through conservative censorship.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. M...Read More

The truly disturbing fact is Big Tech's partnership with the party that's about to take over Congress and the White House. Continue...Read More

Ron Paul says Facebook blocked him from managing his account. He discusses on Fox News. Continue...Read More

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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

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 Trump administration will present 'dramatic new evidence' that the virus which causes COVID-19 leaked from a Wuhan lab, according to the Daily Continue...Read More