Gerald 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 Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
World Obesity Federation research found Covid deaths have been 10 times higher in countries where at least half of adults are overweight, and Continue...Read More
The White House cut Joe Biden's video feed instead of letting him take questions. This further supports the assertion that Joe Biden's mental health is diminishing and Democrats are doing everything they can to hide Continue...Read More
The eastern China rebar price fell for the second day in a row on Friday March 5 amid sparse trading, reversing the gains made on Wednesday and leaving a week-on-week rise of just 20 yuan ($3) per tonne. Domestic Eastern China (Shanghai): 4,640-4,670 yuan ($730-736) per tonne, down by 80-90 yuan per tonne Northern China (Beijing) weekly assessment: 4,530-4,550 yuan per tonne, up by 30-40 per tonne...Read More
It appears the Fed is going to wait until stocks crash or inflation rockets before stepping in with some form of de facto Continue...Read More
New York Gov. Andrew Cuomo's top advisers successfully intervened in pushing state health officials scrub a public report showing that by July 2020, Continue...Read More
Tyler Gallagher is the CEO and Founder of Regal Assets, an international alternative assets firm with offices in Beverly Hills, Toronto, London and Dubai.Continue...Read More
The recent rise in U.S. yields have eroded gold's appeal as an inflation hedge by increasing the Continue...Read More
Brazilian auto vehicle production fell by 3.5% in February 2021 compared with the corresponding month of 2020 on low exports and raw material supply disruptions, national automaker association Anfavea said on Friday March 5.The country produced 197,035 units in February, down from 204,206 units year on year. This is the lowest level recorded since 170,700 units in July 2020 - when the industry was...Read More
Automotive production in Mexico decreased by 28.85% year on year in February 2021 due to gas and energy shortages over the month negatively affecting the sector, Fastmarkets understands.Mexico produced 238,868 light vehicles in February, down from 335,708 vehicles a year earlier, figures released on Friday March 5 from the national statistics agency Inegi show.Mexican automakers had to temporarily...Read More
After gold came down hard last week, it might be in a for a short pause and corrective upswing. What will the yellow metal’s next chapter bring for the miners? How high can they go if gold rallies from here?As gold recently moved very close to my approximate target of $1,700, the senior miners (GDX) ended Friday’s (Feb. 26) session $0.13 above my initial downside target of $31 . And wh...Read More
The turmoil surrounding a creditor of UK-based conglomerate GFG Alliance has raised concerns in the European steel market, Fastmarkets heard on Friday March 5.On March 3, German financial watchdog Bundesanstalt f? 1/4 r Finanzdienstleistungsaufsicht (BaFin) imposed a moratorium on Greensill Bank, which is the key funding facility for GFG Alliance, Fastmarkets heard.In particular, BaFin has ordered...Read More
ArcelorMittal Nippon Steel India (AM/NS India) has signed a memorandum of understanding (MoU) with the government of Odisha, India to build an integrated steel plant in Odisha with a capacity for 12 million tonnes per year, it announced on Thursday March 4.The plant will be set up in the Kendrapara district and the investment is reported to be 500 billion rupees ($6.87...Read More
Export prices for Brazil-origin slab widened upward due to continued strong demand in the United States.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil was $740-780 per tonne on Friday March 5, widening upward by $20 from $740-760 per tonne on February 26. Past deals were closed at $740-760 per tonne fob for April shipment, with the higher end of the ran...Read More
Flat-rolled steel import prices continued to trend upward in South America during the week ended Friday March 5, with China and Japan raising their offers for May-shipment material and freight costs remaining elevated.The price increases were taking into account costlier bulk freight rates in addition to the potential export tax rebate cut in China, market participants said. The pot...Read More
The pig iron export market from Brazil continued to increase during the week to Friday March 5 on new sales.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $520 per tonne on Friday, up from $500-515 per tonne a week before.One sale of pig iron from the south of Brazil was heard to the United States at $520 per tonne fob...Read More
The pig iron import market in the United States went up again during the week to Friday March 5 on new sales at higher prices, market sources have said.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $570 per tonne on Friday, an increase of $20 per tonne from $550 per tonne a week earlier.One cargo of 50,000 tonnes for May shipment was booked from Russia at...Read More
Fastmarkets examines these questions following Tsingshan's announcement - believed to be a game changer for the nickel market - mainly focusing on the EV demand outlook, raw materials and the implications on exchanged-traded nickel pricing in the future as well as some uncertainties.Nickel matte has suddenly gained a lot of market attention after Chinese stainless steel producer Tsingshan Holding...Read More
The prices of most base metals on the London Metal Exchange closed lower week-on-week on Friday March 5, coming off highs realized at the end of February.The nickel three-months LME Daily Official price closed at $16,425 per tonne in Friday's session and showed the steepest decline, down by 11.5% compared with the corresponding time last week.Supply-side nickel issues helped to stoke bearish senti...Read More
Deliverable base metals stocks at Shanghai Futures Exchange-registered warehouses mostly rose in the week to Friday March 5, except nickel, which recorded a 14.4% plunge in inventory, according to the exchange's latest stocks report. Nickel stocks totaled 11,393 tonnes on Friday, a fall of 1,913 tonnes (or 14.4%) from 13,306 tonnes a week earlier. The outflows mainly occurred at warehouses operat...Read More