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RUSSIA FLAT STEEL: Prices down again on slip in sentiment

August 11, 2021 / www.metalbulletin.com

Prices for hot- and cold-rolled steel sheet in Russia's Central Federal District around Moscow went down as expected in the week ended Monday August 9, while the price of steel plate was stable despite downbeat sentiment among both mills and stockists, sources have told Fastmarkets.Hot-rolled sheetTwo key flat steel producers reduced their prices for HR sheet over the week by 7,200-7,500 roubles (...Read More

GULF FLAT STEEL IMPORTS: Most prices slide on soft demand

August 11, 2021 / www.metalbulletin.com

Most prices for steel import into the United Arab Emirates and Saudi Arabia decreased during the week ended Tuesday August 10 because of weak demand, sources told Fastmarkets.The main reasons for the poor level of demand was said to be the holiday season, as well as the fact that buyers wanted to see prices reach a bottom before placing orders.Saudi ArabiaIndia offered hot-rolled coil at $960-980...Read More

IN CASE YOU MISSED IT: 5 key stories from August 10

August 11, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday August 10 that are worth another look.Germany's Thyssenkrupp ended force majeure at its Steel Europe division on August 6, the company's spokesperson told Fastmarkets on August 10.If any member was going...Read More

AT A GLANCE: Ezz Steel back in profit in H1 2021 on removal of construction ban

August 11, 2021 / www.metalbulletin.com

A summary of the financial results for Egypt's biggest steelmaking group, Ezz Steel, for the period from January 1 to June 30, 2021.In brief"Local rebar consumption reached 3.36 million tonnes in the first half of 2021, an increase of 2% over the first half of 2020," the company said in a release to the London Stock Exchange on Monday August 9."However, consumption in...Read More

Chris Martenson: Delta, vaccines and herd immunity - what's the true story?

August 10, 2021 / marketsanity.com

The Delta variant is pushing some hospitals to their capacities. Front line doctors are reporting that some patients are crashing in the ICU and are unresponsive to the same treatments that were working a few weeks ago. These doctors are pleading for people and doctors to take this variant seriously and to start early treatment upon first symptom onset. The Delta variant is responsible. Further, w...Read More

Silver Crash ? Buy the Dip ? Lobo Tiggre Explains

August 10, 2021 / marketsanity.com

Lobo Tiggre joins us to explain. Is this a silver crash that will continue? Or is this a buy The dip moment? Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey's prot?(C)g?(C) at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey's flagship newsletter, the Internation...Read More

RUSSIA REBAR: Domestic price continues to fall in response to export duty

August 11, 2021 / www.metalbulletin.com

Prices for domestic steel rebar in Russia's Central Federal District have continued to decline, losing another 3000-5000 roubles ($41-68) per tonne in the seven days to Monday August 9.Market participants expect the downward trend to prevail until the busy construction season ends in early November.Considering the high prices on offer from traditional suppliers in the Moscow area, stockists have b...Read More

Gold & Silver Smashed - Where To From Here? Mike Maloney & Adam Taggart

August 10, 2021 / marketsanity.com

Watch Mike's presentation here: https://www.youtube.com/watch?v=_qfgT... Late on Sunday night, $4 billion worth of gold was dumped onto the market during thinly traded hours. This caused the latest in a long line of 'flash crashes' for the gold and silver price. How is this allowed to happen, and where to from here? Join Mike Maloney and Adam Taggart to get their thoughts. ?>>?Download Mike's best...Read More

Barrick CEO: Gold's real rally hasn't even come yet; Mark Bristow on Q2 results, forward guidance

August 10, 2021 / marketsanity.com

Mark Bristow, CEO of Barrick Gold, discusses with David Lin, anchor for Kitco News, why our current environment may be similar to that of 2008's, when gold initially lagged and then spiked three years later. Bristow comments on second quarter financial results and provides guidance for next year's production, as well as long-term plans to grow the copper line of the business to meet the demands of...Read More

Crypto Crackdown: How Gary Gensler and the Infrastructure Bill Are Looking to Tame the "Wild West"

August 10, 2021 / marketsanity.com

From the Senate's infrastructure bill to the chair of the SEC, Gary Gensler looking to tame the "wild west' of crypto, there are many changes happening in the cryptocurrency world. Our Daniela Cambone speaks with Vince Lanci, founder of Echo Bay Partners and a contributor to Zerohedge, about the latest moves.Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a pro...Read More

Andy Schectman discusses this week's flash crash in gold/silver

August 09, 2021 / marketsanity.com

Andy and I get on the podcast today to debrief the flash crash in Gold; 24,000 contracts were dumped and prices drastically went down. This was intended to produce a major shock factor in the market. This makes for an excellent buying opportunity as markets do not always behave this way, and the price will most likely shoot back up again due to the high demand. We talk inflation, debt, and the rea...Read More

Mohamed El-Erian: We're underestimating the inflation threat

August 09, 2021 / marketsanity.com

CNBC's 'Squawk Box' team discusses markets, inflation expectations, Federal Reserve's monetary policy outlook, the July jobs report and more with Mohamed El-Erian, advisor to Allianz and Gramercy.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of th...Read More

Greg Weldon discusses the Federal Reserve, stocks, inflation, commodities, wealth inequality and more

August 10, 2021 / marketsanity.com

... Jerome Powell brings home the Gold medal in Dressage, dancing the monetary White Horse magnificently through the crisis, and restoring confidence to both the Consumer (borrowing frenzy) and Businesses (Both ISM Surveys are at, been at, record highs) ... ... but at what cost ?? ... with what side effects ??? ... and what long-term damage has been done to the economy ??? Many things to discuss ....Read More

Harley Schlanger: Climate Change Lies Reach New Levels, Based on "Overheated" Climate Models

August 10, 2021 / marketsanity.com

The latest report from the IPCC, which claims climate change is occurring at a rate "faster than predicted", is designed to panic policy makers into reaching insane decisions related to energy production and use. It was issued just days after many leading scientists decried the use of models which are producing numbers "that are insanely scary - and wrong", according to the Director of the Goddard...Read More

DAILY STEEL SCRAP: Prices steady, market waits for bookings

August 11, 2021 / www.metalbulletin.com

Turkish steel mills booked no new cargoes on Tuesday August 10, keeping prices stable, but older cargoes have been reported, sources told Fastmarkets.Despite a lack of new bookings on Tuesday, cargoes booked the previous week were reported by the market.A United Kingdom booking comprised of 25,000 tonnes of HMS 1&2 (80:20) at $460 per tonne cfr was traded late in the week to August 6....Read More

Max Keiser & Mark Valek discuss the lunacy of negative interest rates

August 10, 2021 / marketsanity.com

In this episode of the Keiser Report, Max and Stacy look at the magnitudes: from how much dollar value that bitcoin has been settling to how much new SDRs that the IMF has been conjuring up out of thin air. In the second half, Max interviews Mark Valek of Incrementum about fifty years of fiat and about negative interest rates across the yield curve and what this says about the mindset of a world o...Read More

George Gammon: The Dark History Of Eugenics (Could This Be WEF End Game?)

August 09, 2021 / marketsanity.com

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

They're Threatening Doctors Now: Spreading "False Vax Info" Might Cost You Your Medical License

August 03, 2021 / marketsanity.com

"Physicians who willfully generate and spread COVID-19 vaccine misinformation or disinformation are risking disciplinary action by state medical boards, including the suspension or revocation of their medical license. Continue...Read More

Bill Gates evil smile...

August 10, 2021 / marketsanity.com

Gates seems to like Anderson Cooper's suggestion of getting the Vaccine or losing your social security.Continue...Read More

Jim Rogers talks stocks, commodities, oil, electric vehicles, gold, silver

August 06, 2021 / marketsanity.com

*This interview was recorded on August 6thAccording to Commodity guru and author Jim Rogers, there has been an unprecedented rise in stock markets; and we will see it come to an end in a few months. Cheapest asset class in the world happens to be commodities and known reserves of oil continue to decline; fracking bubble has popped. He says electric vehicles are coming but they will take a while. H...Read More

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