Domestic prices for heavy steel plate in Italy declined slightly in the week to Wednesday July 21 due to lower slab costs and mills' needs to book more orders, sources told Fastmarkets.Competitive import offers have also contributed to the softening of domestic prices.Southern EuropeOfficial offers for plate from Italian re-rollers have been heard at ?,?980-1,000 ($1,155-1,178) per tonne ex-works....Read More

Sentiment in the European hot-rolled coil segment has been mixed, with buyers in Northern Europe trying to assess impact of floods on the market and Italian buyers monitoring declining import prices, sources told Fastmarkets on Wednesday July 21.Across the European Union, trading activity has been limited while buyers wait for a clear market trend. Credit lines have been exhausted over the past fe...Read More

Three years ago, I made one of the best decisions of my life and bought a Jeep. You could call it love at first sight for myself and the sleek black Rubicon that looks better dirty than clean. It can also absolutely crumple a Tesla like a tin can without getting so much as a dent too.Little did I know at the time, but it turned out to be a better investment than I first thought.We all know that...Read More

Prices in the United States for domestic and imported carbon steel wire rod rose by $40 per ton in July, nearing an all-time high for domestic product and a record for imports.Fastmarkets' monthly assessment for steel wire rod (low carbon) industrial quality, fob mill US was $55-57 per hundredweight ($1,100-1,140 per short ton) on Tuesday July 20, up by 3.70% from 53-55 per cwt on June 1...Read More

The Northern European market for steel wire rod was quiet in the week to Wednesday July 21, with prices being broadly flat, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?890-915 ($1,049-1,078) per tonne on Wednesday, the same as last week.The assessment was based on deals, offers and market participants'...Read More

Steel rebar prices in northern Europe edged up in the week to Wednesday July 21 despite a seasonal slowdown in buying activity, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was ?,?890-930 ($1,049-1,096) per tonne on July 21, up from ?,?880-930 per tonne. This marks its highest level since Fastmarkets start...Read More

The Turkish deep-sea scrap market reported no new trading activity on Wednesday July 21, because of the week-long Eid al-Adha public holiday.Turkish steel mils have not booked any new scrap material since July 13.The country is currently off work for the week-long religious holiday of...Read More

Iron ore prices fell on Wednesday July 21 due to steel production cuts in some Chinese provinces for the second half of 2021, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $214.79 per tonne,down $6.25 per tonne62% Fe low-alumina fines, cfr Qingdao: $216.17 per tonne,down $6.85 per tonne58% Fe fines high-grade premium, cfr Qingdao: $176.44 per tonne,down $5.83 per tonne65% Fe...Read More

Iranian steel billet export prices continued to rise in the second half of July on improving demand from China, but availability is being constrained by a slowdown in steel production caused by electricity shortages, sources told Fastmarkets on Wednesday July 21.Extreme heat and drought conditions, combined with industrial growth and high energy-use cryptocurrency mining were cited as the reasons...Read More

Stew Peters talked with Dr. David Martin in an historical interview with inarguable fact-based exposure that should be seen by the entire world as an absolute end to the COVID narrative.www.StewPeters.tv | www.DavidMartin.worldDISCLAIMER: The views and opinions expressed by guests in interviews and articles are their own and their appearance on Market Sanity does not imply an endorsement of them...Read More

Want to understand why people are fractured into groups and fighting each other? Here's why... When social animals are shocked, physically or metaphorically, they tend to focus on nearby and identifiable (but usually the wrong) targets. The science on this stretches back decades. Whether intentional or not, these tactics are now being applied to us all. After watching this video you will be able t...Read More

The average investor doesn't understand the fundamentals of the markets, and so they buy because the market is going up...and everyone else is doing it. Today's guest says the average investor is blinded by market euphoria. Bert Dohmen, the publisher of the Wellington Letter, says, "There was $8 to $10 trillion of new artificial money being pumped into the system," and now, in the reverse repo mar...Read More

0:00 - Introduction2:20 - Decline of gold mining shares7:09 - Industrial demand vs retail physical demand for silver8:56 - Basel III changes and long-term impact on gold price11:09 - Newfoundland Gold mining14:10 - Royalty companies vs mining companies16:14 - What must happen so gold and silver prices get back to summer 2020 levels20:05 - OutroKnown primarily by his nickname "Turd Ferguson," Craig...Read More

China's domestic rebar prices picked up slightly on Wednesday July 21 following major mills raising ex works prices.DomesticEastern China (Shanghai): 5,230-5,250 yuan ($808-811) per tonne, up by 10 yuan per tonneEastern China major rebar producer, Shagang, raised their ex works price by 250 yuan per tonne to 5,550 yuan...Read More

Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More

Bitcoin gets skipped over in investors' rush to safe havens.Gold mining stocks have never been a better deal.Fiscal stimulus without monetary stimulus is no longer possible.Bitcoin has a sucker's rally after getting comfortable below $30k.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and...Read More

For Part 1 of this interview, CLICK HEREJohn Williams, founder of ShadowStats, discusses with David Lin, anchor for Kitco News, why the U.S. is headed towards hyperinflation. Williams, who calculates the inflation rate using methodology the U.S. government used in the 1980s before revisions, estimated that the current rate of inflation is already 13.5 %, much higher than the 5.4% that the Bureau o...Read More

To win this fight, citizens of all nations must give up the mentality of victims, and get rid of the belief that those oppressing mankind are all-powerful! The Great Reset and the Green New Deal can be defeated, provided we bring the U.S. into an alliance with other sovereign nations which oppose them, starting with Russia and China. To those of you who fought against the regime change operation a...Read More

200 million ounces of silver have been delivered off of COMEX this year, exceeding last year's record pace. Around the world, the governments and wealthy individuals are acquiring gold and silver at unprecedented rates. "You're seeing a tip-toeing out of the Dollar and fiat currencies," Andy says, "at some point that turns into an all out stampede."1:36 Big money buying gold5:48 Metals pullback12:...Read More

?>>?Last month, CNBC surveyed 41 Chief Financial Officers (CFOs) from many large publicly traded and private companies and the survey data was shocking! Many of the CFOs, the majority, no longer trust the Federal Reserve Bank to be able to control inflation! Corporate America lacks faith in the Fed to control inflation as prices peak: Survey https://www.cnbc.com/2021/06/28/corpo...CEOs and CFOs fr...Read More