Lead recycler Aqua Metals has partnered with German chemical company BASF to supply electrolyte, cooperate commercially, and explore technical improvements to enhance the performance of the US company's lead recycling technology, AquaRefining.BASF will offer AquaRefining to its existing and prospective battery recycling clients, and Aqua Metals will incorporate BASF product into every initial depl...Read More
Here are five Fastmarkets stories you might have missed on Monday January 25 that are worth another look.The London Metal Exchange will launch its new cash-settled lithium futures contract on June 14, 2021, settled against Fastmarkets' price assessment for lithium hydroxide monohydrate.Liberty Steel Group has completed...Read More
Editor's note: This is an updated article we first published back in early December. The metal breaking through $20,000 an ounce is very noteworthy as the number itself serves as an important psychological barrier, shows COVID-19 supply distributions are still affecting prices of vital materials... and hints at potential growth in similar materials going forward.Supply disruptions stemming from th...Read More
Prices for domestic steel hot-rolled coil decreased in Northern Europe in the week ended Friday January 22, due to slower buying activity among distributors and a global price decrease.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?711.25 ($865.61) per tonne on Friday, down by ?,?4.75 per tonne week on week, but up by ?,?46.25 per tonne month on...Read More
Liberty Steel Group has completed "due diligence" on Thyssenkrupp Steel Europe and submitted a "firmed up" bid for its acquisition based on the results, the UK-based steel company told Fastmarkets on Monday January 25."On Monday January 25, 2021, Liberty Steel submitted a firmed-up bid for Thyssenkrupp Steel Europe based on the results of the comprehensive due diligence process including multiple...Read More
Export rebar and wire rod prices from the Commonwealth of Independent States (CIS) decreased in the week to Monday January 25 amid increased competition with Turkish and Chinese suppliers, sources said.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey was $620-630 per tonne on Thursday January 21, down from $650-660 per tonne fob a week earli...Read More
The domestic rebar market in Russia's Central Federal District around Moscow declined slightly the week to Monday January 25 amid slow market activity due to seasonal factors and the possibility of an export duty, several sources told Fastmarkets. Construction activity in Russia, the main market for rebar, typically slows in late autumn and early winter due to poor weather conditions and does not...Read More
Prices for rebar imports into Singapore dipped in the week to Monday January 25, due to weaker sentiment caused by falling raw material scrap prices in Turkey and Asia, market sources told Fastmarkets.Offers for Chinese rebar were at $640-650 per tonne cfr Singapore on a theoretical weight basis, while Turkish steel mills were offering cargoes at $655-660 per tonne cfr Singapore. These are down by...Read More
Prices in the CIS export steel billet market became firmer on Monday January 25 with fresh bookings heard in Latin America at slightly higher prices.A large cargo of Ukraine-origin billet was sold to Latin America at slightly less than $580 per tonne fob Black Sea, three sources told Fastmarkets.One market participant suggested that part of the cargo could be material with chemistry that may comma...Read More
After watching the Trump administration come and go with no change in the gold and silver manipulation saga, a lot of investors were disheartened, and left wondering if the price manipulation will ever end. Fortunately, silver expert Andrew Maguire of Kinesis Money joined me on the show to share why he is more hopeful than ever, and what he's been saying to his clients.Part 1 (part 2 below)There w...Read More
The cryptocurrency mania could be a repeat of the tech bubble, says financial author and columnist John Rubino. Two decades ago, when many tech startups failed, some ended up surviving the crash: these are the tech giants today. Rubino says a similar thing could happen to the cryptocurrency space, where most collapse in a glorious death but a few survive as money of the future. Also in this interv...Read More
The inflation rate is likely going to grow faster than the Federal Reserve's target of 2% this year, and there are already signs from asset prices and commodity prices rising, said Steve Hanke, professor of applied economics at Johns Hopkins University.0:00 - Money supply is still increasing6:10 - Higher GDP and inflation expectations9:40 - Monetary policy response15:00 - Inflation protection17:00...Read More
Goldman Sachs warns of a dangerous bubble in 39 hot stocksBridgewater's Dalio sees U.S. divided, in 'terrible financial state'It's a bubble now, it's official.Microsoft and Sony are coming out with new consoles so Game Stop is of course taking off to the moon!Robinhood traders love Game Stop, time to get out? Does it have a future?This is what happens when markets are over hyped and excitied. You...Read More
For Part 1 of this interview, CLICK HEREFor Part 2 of this interview, CLICK HEREDoubleLine Capital CEO Jeffrey Gundlach and his special guests discuss their "Best Investment Ideas for 2021" in the third and final segment of the second annual edition of Round Table Prime, recorded Jan. 5. Joining Mr. Gundlach are Danielle DiMartino Booth, CEO and chief strategist of Quill Intelligence; James Bianco...Read More
Peter Schiff discusses weakness in the US dollar and the bubbles in the stock market and Bitcoin. 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 conferences, and is quoted...Read More
Almost immediately after his inauguration, President Joe Biden began creating new government dictates via executive orders. Many of these executive orders concern coronavirus, fulfilling Biden's promise to make ramping up a coronavirus-inspired attack on liberty a focus of his first 100 days.One of Biden's executive orders imposes mask and social distancing mandates on anyone in a federal building...Read More
We are nearing the end of a 90 year supper bubble economic cycle that will see markets, real estate, and even crypto-currencies (including Bitcoin) lose 90-95% of their current value by late 2022... That's the forecast from this week's guest on Retirement Lifestyle Advocates radio, Mr. Harry Dent. Your host, Dennis Tubbergen talks with Harry about the various macro-economic cycles all coming toget...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Whether it's the climate, healthcare, immigration or economy, President Biden has a plan to take the country further Left than ever before. Biden willContinue...Read More
"You start looking at obviously, have to be a white person, obviously likely male, libertarians, anyone who loves freedom, liberty, maybe has an Continue...Read More