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Lifting the U.S. Embargo Against Cuba Will Create Wealth and Prosperity for Both Countries

July 15, 2021 / www.energyandcapital.com

Last week, hundreds of Cubans took to the streets to protest.The images were emotional and grand.Middle-age mothers marching with their clenched fists in the air...Defiant grandfathers cheerfully waving Cuban flags with the words "anti-communist" written on them...Noncompliant teenagers being shoved into the backs of police cars - many of whom may never be seen again...This is the reality of prote...Read More

IN CASE YOU MISSED IT: 5 key stories from July 15

July 16, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday July 15 that are worth another look.Brazilian steel producers have accepted a reduction of 10% in import duties, and agreed to avoid raising domestic prices further, according to the country's economy minister, Paulo Guedes.Aluminium producer UC Rusal will...Read More

US rebar prices rise, first increase in a month

July 16, 2021 / www.metalbulletin.com

Steel reinforcing bar prices in the United States increased on Wednesday July 14 for the first time since June 16. Fastmarkets' assessment for steel rebar, fob mill US was $49 per hundredweight ($980 per short ton) on Wednesday, up 2.08% from $48 per cwt the previous week and up 70.44% from $28.75 per cwt at the same time last year.US marketNucor Corp and Mid-Continent Steel and Wire each increase...Read More

Brazilian steelmakers accept cut in import duties, minister says

July 16, 2021 / www.metalbulletin.com

Brazilian steel producers have accepted a reduction of 10% in import duties, and agreed to avoid raising domestic prices further, according to the country's economy minister, Paulo Guedes.The government has been in talks with representatives of steel producers, the country's construction industry and other end users. They are discussing options to normalize supply of rebar and other steel products...Read More

DAILY STEEL SCRAP: Market silent on public holiday

July 16, 2021 / www.metalbulletin.com

Turkish steel producers were inactive in the deep-sea scrap import markets on Thursday July 15 due to a public holiday in the country, sources have told Fastmarkets.Steel and scrap trading were expected to slow in the coming weeks because of several public and religious holidays. Turkish market participants were not at work on Thursday with the country...Read More

CHINA STEEL SCRAP: Domestic supply tightens amid heavy rains

July 16, 2021 / www.metalbulletin.com

Steel scrap import prices into China remained steady despite supplies of domestic scrap being tightened by the rainy season in the north and by high temperatures in the south, sources told Fastmarkets on Thursday July 15.Fastmarkets' daily price assessment for steel scrap, heavy recycled steel materials, cfr China, which takes into account prices at ports in eastern China, was $530-540 per tonne o...Read More

IRON ORE DAILY: Prices rise on falling steel inventories

July 16, 2021 / www.metalbulletin.com

Iron ore prices increased on Thursday July 15, supported by falling steel inventories in China, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $222.09 per tonne, up $3.43 per tonne62% Fe low-alumina fines, cfr Qingdao: $223.75 per tonne, up $3.75 per tonne58% Fe fines high-grade premium, cfr Qingdao: $182.06 per tonne, up $3.65 per tonne65% Fe Brazil-origin fines,...Read More

Proposed export tax could price out Vietnam steel billet exports - sources

July 16, 2021 / www.metalbulletin.com

Vietnam is proposing to impose a 5% export tax on steel billet, which could make offer prices from the country's mills uncompetitive in key Asian markets, sources told Fastmarkets on Thursday July 15.The proposal has been drafted by the Vietnam Ministry of Finance, but is not yet official policy as it is awaiting final government approval, according to key billet trading sources.News of the propos...Read More

CHINA REBAR: Prices rise on early futures gains

July 16, 2021 / www.metalbulletin.com

China's domestic rebar prices continued to rise on Thursday July 15, following a strong showing in the futures market in early trading.DomesticEastern China (Shanghai): 5,200-5,240 yuan ($805-811) per tonne, up by 20 yuan per tonneDeals were concluded at 5,200-5,240 yuan per tonne in early trading, with buyers expecting rebar prices to continue rise on seeing the futures...Read More

Peter Boockvar and Yra Harris on the Financial Markets

July 15, 2021 / marketsanity.com

?>>?http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an...Read More

Harley Schlanger: What Does a Global Systemic Collapse Look Like?

July 15, 2021 / marketsanity.com

Poverty, and the chaos it causes, are spreading worldwide, from Afghanistan and Myanmar to South Africa and Cuba. The specifics vary from country to country, but the root cause is the enforcement of neoliberal economic policies, which serve the interests of the U.S.-UK-NATO Military Industrial Complex. This was forecast by Lyndon LaRouche following Nixon's break with the Bretton Woods system on Au...Read More

Cubans Protest Communism Working Too Well!

July 14, 2021 / marketsanity.com

Cubans are protesting communism working too well! Of course they're not oppressed, just ask the main stream media. That's why we're all born with God-given communism... The protest in Cuba over communism should inspire the US to give up our freedom in exchange for our birthright to communism.Read More

"Next Steps in USD Collapse" | Alasdair MacLeod

July 14, 2021 / marketsanity.com

Basel III is changing the paper gold market into a physical gold market, says Alasdair MacLeod, Head of Research of GoldMoney. While the metals may be breaking free of manipulation,* he says uncontrollable rising bond rates will puncture the stock market. Once equities falter, Alasdair expects the Federal Reserve to further increase currency creation, triggering foreign selling of US treasuries an...Read More

George Gammon: Wall St. Legend Gives Investors Another Warning...Will He Be Right Again?

July 14, 2021 / marketsanity.com

Repo video referenced https://youtu.be/6j28XQI2gUA?>>?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 en...Read More

David Morgan - Shorts Near $28 Silver Defending the Line Until They Can Unwind

July 14, 2021 / marketsanity.com

Discussed in this interview:00:00 Introduction01:34 Any recovery in the economy?03:28 'Get back to work!'06:32 The next tapering07:39 Inflation heating up10:25 Silver shortages?12:15 First in line for silver17:22 $28 silver price defense21:36 Wait or buy now?David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic ne...Read More

McAfee suicide note released... You Decide

July 15, 2021 / marketsanity.com

Much of the text on the handwritten sheet is crossed out, leaving phrases like "phantom parasite" and "control my own future, which Continue...Read More

Paul Craig Roberts: Republicans Protect America's Reputation by Covering Up the Stolen 2020 Election

July 13, 2021 / marketsanity.com

When the 2020 presidential election was stolen from President Trump, the Republican Establishment was happy to be rid of him. Trump's intent to bring Continue...Read More

John Rubino: Thanks For Your Concern, Mr. Fink

July 15, 2021 / marketsanity.com

Larry Fink, CEO of BlackRock, the world's biggest investment company, just went on CNBC to commiserate with today's savers.Continue...Read More

Wolf Richter: Concerns Inflation Won't Be Temporary

July 15, 2021 / marketsanity.com

US used vehicle market seeing insane prices...Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealer...Read More

Paul Craig Roberts: How the Covid "Pandemic" Was Orchestrated

July 15, 2021 / marketsanity.com

The virus is real. It is a danger to people with poor immune systems and to those with co-morbidities. People of Continue...Read More

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