Turkish rebar and wire rod export prices have gone up further this week on increasing scrap costs, market sources said on Thursday March 4.The latest deep-sea scrap transaction was recorded late on February 26, when a steel mill in the Marmara region paid $456 per tonne cfr for Baltic Sea-origin HMS 1&2 (80:20). This raised the daily scrap index for US-origin material - which tends to reflect Balt...Read More
The Turkish steel producers have resumed their deep-sea scrap purchases after a short break and have booked two cargoes at slightly higher prices, market sources said on Thursday March 4.A steel mill in the Marmara region booked a Canadian cargo, comprising 18,000 tonnes of HMS 1&2 (95:5), 18,000 tonnes of shredded and 7,000-8,000 tonnes of plate and structural (P&S), at an average price of $471 p...Read More
Join Fastmarkets and steel industry experts on Wednesday March 10 for a special webinar on the revival of the Chinese steel scrap import market - 'Understanding China's Steel Scrap Market Dynamics.'Fastmarkets has been at the forefront of reporting deals, obstacles and key regulatory changes in the Chinese steel scrap import market over the past year and on February 8 2020, started a daily pr...Read More
Despite the US Dollar gold price still falling, there are now many signs or contrarian indicators over the last few weeks that the gold price is close to a bottom. One of the major contrarian indicators is the sheer amount of Wall Street investment banks downgrading their gold price targets in just the last few weeks. Gold price sheds nearly $100 this week as Wall Street calls for more losses http...Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me to share his outlook on gold. We look at both the charts and fundamental aspects of what's driving gold.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisti...Read More
Blog: https://www.itmtrading.com/blog/the-d...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...Read More
SBTV spoke with Gerald Celente, founder of the Trends Research Institute, about the transition of power from West to East. Gerald sees the U.S. influence waning from the trillions of dollars wasted in wars while China focuses on commerce and infrastructure building.00:00?EUR< Introduction01:38?EUR< Of dictators and freedom lost05:49?EUR< Artificial economic bounce from trillions of stimulus08:31?E...Read More
Mining activities at Minas Gerais are unlikely to be affected despite a newly-imposed Covid-19 lockdown on Thursday March 4, market sources said.The local authorities in Minas Gerais have issued an initial 15-day lockdown to tackle the spread of the Covid-19 virus, with further evaluation needed to determine whether an extension is needed, local news outlets saidMining activities will still c...Read More
IN THIS INTERVIEW: - BASEL III ACCORD: NSFR "Net Stable Funds Requirement" to go into effect in US in June 2021, and EU Jan 2022- Bash & Stash on the COMEX: Largest gold & silver hoards in history being amassed at subsidized prices.- Follow the money: Do as they do - Not as they say.- US Mint American Eagle design changeover may disrupt production for 2 months. Find out when, according to an insid...Read More
In this episode of Keiser Report, Max and Stacy look at the 'growing concern that market-based inflation expectations have become unreliable as indicators', i.e. the central banks have destroyed the price signal foundational to free and fair markets. In this environment, we see Goodhart's Law at work: when a measure becomes a target, it ceases to be a good measure. Billionaire hedge fund investor,...Read More
In just the last few weeks, the Fed's purchases of mortgage backed securities (MBS) exploded from an already high $30 billion per month to increase by over $100 billion in only a week!Rules changes, goal post moving, bailouts, toxic asset purchases by the Fed are creating insane distortions in US home prices with the goal being to keep US home prices going up at any and all cost.US banks are even...Read More
?>>?Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Li...Read More
What is the cheapest asset in the world? Join Mike Maloney and Jeff Clark as they discuss the answer, along with all of the most recent news for gold and silver investors.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook?EUR< Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediatel...Read More
According to a promotional video, however, "the real magic is your daily health check," where students answer a questionnaire about whether they have Continue...Read More
The London Guardian has suggested that global lockdowns will be needed every two years in order to save the planet.Continue...Read More
Fed Chair Jerome Powell just spooked the markets by predicting that inflation will jump when the economy reopens - but don't worry, it's just temporary. Here's the real-time CNBC account:Continue...Read More
This video of the Los Angeles School District being fully on board with total control of children is so Continue...Read More
On this episode of Trillions, Eric and Joel speak with Jim Bianco, president and founder of Bianco Research LLC, on why he's become an "inflationista" of late and how investors should prepare. He also discusses his views on a few ETFs (ARK's among them), Bitcoin's potential, and why the retail day trader is here to stay post-pandemic.Jim Bianco is President and Macro Strategist at Bianco Research,...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
If you thought that authorities all over the planet could print, borrow and spend money like there was no tomorrow without Continue...Read More