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
Steel scrap prices continued to surge this week due to sustained demand from buyers in all markets, with the exception of India. Downstream steel prices have supported raw material price increases in Asia, with buyers melting scrap to feed demand for billet and long steel products.Turkey books Canadian, Baltic Sea scrapUS export prices to go higherVietnam buys deep-sea bulk cargoesTaiwan chases co...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
Prices for CIS-origin steel billet in the Black Sea market remained largely unchanged on Friday March 5 with more reported sales to Turkey.A cargo from a small Russian mill was sold at "slightly above $610 per tonne cfr," one market source said. Considering the current cost of freight, around $25 per tonne, the price would be equivalent to $586 per tonne...Read More
Technical analyst market forecaster David Brady joins us for a discussion of the current trends in the precious metals as well as his forecast for where prices will head later this year and into 2022.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater ec...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
How is the stock market today in 2021? CEO of Cambridge House, Jay Martin, interviews best selling author and financial expert, Harry Dent, on the 2021 stock market conditions following the Covid-19 pandemic and what we can expect to see in the upcoming year. Harry is not surprised by the crash of the stock market but does think many people are overreacting and simply naive to think that we have a...Read More
The 10-year yield has climbed to 1.56% Friday morning, but can rise to as high as 1.75% before the Federal Reserve steps in to intervene, said Peter Hug, global trading director of Kitco Metals.Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which became one of the larg...Read More
Nominal yields rise on inflation fears, but beneath the hopes of an improving economy are deep, structural problems that will not recover anytime soon, said Todd Horwitz of BubbaTrading.com.Horwitz noted that most of the small businesses that were locked down will not be returning to business.0:00?EUR< - Stock markets and inflation7:16?EUR< - Recovery of the economy?11:03?EUR< - Gold falls below $...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
Join Mike Maloney, Jeff Clark and Adam Taggart as they discuss the most recent events in silver. You'll hear news on a new book, see a chart that proves silver is manipulated, and one of the guests will be 'honked' for referring to currency as money....who will it be?Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader...Read More
Talking Points From This Episode- Recovery, Dollar, & Bonds- Hyperinflationary Scenarios- Bonds, Dollar, & Gold- Bitcoin Vs. MoneyTime Stamp References:0:00?EUR< - Intro0:34?EUR< - Treasury Plans & Neg. Rates8:24?EUR< - Backwardation9:45?EUR< - Bonds Up Globally13:58?EUR< - Hyperinflationary Scenario17:05?EUR< - EU Banking Imploding18:54?EUR< - Gold Relative to Dollars20:45?EUR< - Gold and Yields2...Read More
00:00?EUR<-01:52?EUR< = Intro01:53?EUR<-15:18?EUR< = An Extraordinary Background15:19?EUR<-39:48?EUR< = COMMODITIES: Indexes, Energies & China39:49?EUR<-59:25?EUR< = Money Printing, Simple Observations & Global Debt Reset59:26?EUR<-01:06:48?EUR< = Now & Then: Comparing & Contrasting Commodities01:06:49?EUR<-01:16:26?EUR< = FavoritesThe king of Commodities has entered The Derivative ring. You know...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
I presume you've heard the news: Texas and Mississippi are opening up fully.Before that, the University of Alabama announced it would resume its normal academic practice and schedule in the fall, and return to full stadiums.Continue...Read More
The House of Representatives in the late hours of March 3 passed a sweeping election reform bill that, if signed into law, would affect multiple aspects of the electoral process and campaign financing.Continue...Read More
The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Continue...Read More
This is the highly dangerous tyranny we face - Democrats merger with BigTech to control everything and everyone. They are already handing them the world banking system. They loved the cancelation of Trump during the election. We are staring in the face of a Triumvirate with the Democrats in league with BigTech and the media to create a Stainistic world where they can force 100% compliance with the...Read More
The Vaneck Vectors Gold Miners ETF (GDX) is nowContinue...Read More
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