Ferrous scrap prices in Mexico have held steady or moved up marginally week on week, but market participants indicated that prices may have peaked, noting growing talk of price cuts.Fastmarkets' price assessments edged up in the country's central Baj?-o region. Some market participants reported that consumers applied increases, which had been announced in the week to January 15, to their buying pr...Read More
Turkish steel mills continued to stay away from the deep-sea scrap import market, on continuing poor demand for steel billet and finished long steel, sources told Fastmarkets on Tuesday January 26.Steel producers in Turkey have been quiet in the deep-sea markets since last week and have been seeking lower prices.The most recent transaction was heard on Wednesday January 20 at $440 per tonne c...Read More
The Russian government is considering stricter scrap export restrictions to combat rises in prices for finished steel used in the domestic construction sector, Fastmarkets has learned. The Ministry of Industry and Trade of the Russian Federation (Minpromtorg) might further limit scrap exports from the country. New trade remedies, such as quotas or even export bans, could be applied, deputy ministe...Read More
Demand for steel rebar and billet in the United Arab Emirates was slow this week because buyers expected prices to fall, while producers kept their prices unchanged, sources told Fastmarkets on Tuesday January 26.Billet imports were likely to remain slow until local producers gave discounts, sources added.Domestic rebarSince Janaury 13, the country's steel producers have been offering rebar at 2,5...Read More
There was a stalemate in the export slab market in the Commonwealth of Independent States region in the week ended Monday January 25, with mills holding back offers and inviting customers to place bids while most customers were awaiting clearer direction. Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was $635-640 per tonne on Monday, down from $675-695 per to...Read More
Jim Rogers joins Miles Franklin to discuss the new Biden Administration, the coming crash, and ways to prepare.0:00 Intro1:06 New Administration & debt4:18 Is stimulus the solution?5:57 The vaccine and the economy7:07 Opportunities in crises8:30 What COVID changed10:15 China overtaking U.S. economy14:43 Dollar rally ahead?15:52 Gold and silver17:38 Silver investing19:23 Farmland and agriculture20:...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Gold is a political metal, and competes with U.S. treasuries, said Luke Gromen, president of Forest for the Trees, and because of this, government authorities have historically been trying to "manage the price." Gold has the potential to reach $6,000 an ounce but is being held back, Gromen said.0:00 - Gold has been 'managed'4:14 - Gold outlook for 20217:06 - Monetary stimulus and gold9:30 - Supply...Read More
Gerald Celente guest hosts The Alex Jones Show to expose the true domestic terrorist threat to the people of America.*If the BitChute video doesn't play, please wait a few seconds for it to loadGerald 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...Read More
In this interview, professional mining investor David Erfle, the Junior Miner Junky, reminds mining speculators to never chase runaway gold stocks. He provides commentary on the recent price action in the precious metals and junior miners. David lifts up potential investing opportunities under a Biden administration and offers his thoughts on copper drill plays. Finally, he shares practical advice...Read More
Jason talks about how China's crypto Yuan test program or pilot program is now advancing to Beijing and Shanghai and how realistic it is for China to soon to get the World Reserve Currency.Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021 https://finance.yahoo.com/news/beijin...China was largest recipient of FDI in 2020 - Report https://finance.yahoo.com/news/china-...China Record $3...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
The pictures are worth a thousand words each. We should pay attention.Continue...Read More
In a free society, peaceful citizens deserve the legal benefit of the doubt. In an age where government agents have endlessly intruded onto Continue...Read More
Gold's price pattern from January, 2019 to 2021 mirrors that of gold in the same two-year period, starting from 2010; both time periods saw gold rise to a top in the third quarter and both times saw prices drop from its high in almost identical magnitude and timing. Gary Wagner, editor of TheGoldForecast.com, said that this similarity should diverge and in time, gold will climb out of its current...Read More
1. Does it matter, should we care. Earnings, earnings, earnings, it's all about earnings now. Microsoft is scheduled to report tonight after the close along with several other major stocks like Advanced Micro Devices (AMD), Texas Instruments (TXN) and Xilinx (XLNX). Tomorrow afternoon Apple Inc (AAPL) and Facebook (FB) will report earnings, so this is a big week for the markets as far as earnings...Read More
Concerning international geopolitical relations, Xi Jinping warned everyone not to "meddle" Continue...Read More
The fact is, Mr. Powell and his cohort of counterfeiters will never be able to normalize interest rates-not even remotely close. Forget about raising rates; they most Continue...Read More
The Speaker now clearly has a vested interest in the success of names like Tesla, whose trajectories as public companies can be altered drastically by government decisions. Continue...Read More
"These are prudent military planning measures that allow for temporary or conditional access of facilities in the event of a contingency, and are not provocative Continue...Read More