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
Hear the latest trends about real estate, and find out if we're in a bubble. Robert & Kim are joined by Robert Helms & Russ Gray.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real e...Read More
The Chinese stainless steel market was under pressure over the past week due to high local inventory levels and producers continuing to adjust their asking prices downward in response to the recent decline in the price of nickel, market participants told Fastmarkets.The three-month nickel contract on the London Metal Exchange has averaged $15,335 per tonne so far in November, as compared with...Read More
President Trump is accused of having two sets of books, one set for loan officers, the other for tax reporting purposes.Continue...Read More
"We are officially telling the U.S. and the handful of opposition politicians in Hong Kong who follow America's lead to not underestimate our determination to protect Hong Kong's Continue...Read More
The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Continue...Read More
The recent grant of approval from the Indian Supreme Court for ArcelorMittal's acquisition of Essar Steel brings an end to years of legal wrangles, giving the global steelmaker access to a much sought-after market, and allowing the Indian steel sector to take a further step toward health. ArcelorMittal has been keen for some time to break into the domestic Indian steel market because it is one of...Read More
Algerian Qatari Steel (AQS) started its own steel production last week, the company told Fastmarkets at the sidelines of the Arab Iron & Steel Union (AISU) annual summit in Tunisia on Wednesday November 27. The company used to import steel billet, but a source at the company told Fastmarkets: "We have stopped importing semis some time ago, continuing with re-rolling billet from stocks imported ear...Read More
Central banks’ purchases and repatriations of goldhave caught our attention once again. In October, Serbia’s central bank bought 9 tons of gold, following in thefootsteps of many other central banks that have been adding to their goldreserves recently, including Russia, Hungary, and Poland. Nine tons may seem to be a modest purchase, but thetransaction was worth $438 million at $1,503...Read More
Anglo American has sold a 12% interest in the Grosvenor coal mine in Queensland, Australia, to a consortium of Japanese companies, including steelmaker Nippon Steel, it said on Wednesday November 27.Under the terms of the agreement, which is subject to a number of conditions prior to completion, Anglo American will receive cash proceeds of approximately $141 million in respect of the 12% minority...Read More
Goldreversed yesterday, and so did the rest of the precious metal sector.Mining stocks and – what’s important – silver showed strength relative to goldand rallied even more than gold. Silver’s strength is important because itindicates that we are already in the second half of the short-term upswing inthe precious metals market. If there only was a tool that would provide us...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.Electric vehicles are "the best thing to happen to the nickel market since the invention of stainless steel," Nornickel's marketing director told Fastmarkets in an interview, and his company's high-quality sulfide ore deposits in Norilsk give the Russian mini...Read More
Base metals prices traded on the London Metal Exchange were little changed at the close on Thursday November 28, with low trading volumes across the board by the 5pm kerb.Just more than 6,500 lots of copper changed hands, a far cry from almost 14,000 lots as of the same time on Wednesday, in holiday-thinned trading - the US markets are closed for Thanksgiving.The three-month copper price was cappe...Read More
Tharisa reported a halving of its full-year earnings days after warning that lower chrome prices would significantly affect its financial performance. The South African chrome miner's earnings before interest tax, depreciation and amortization (ebitda) for the 12 months to September 30 dropped by 49.4% to $56.1 million from the previous financial year earlier.It also reported a 15.6% drop in reven...Read More
Turkish mills skipped the day without any deep-sea scrap bookings on Thursday November 28, but the steelmakers are expected to book more scrap for January shipments soon, sources told Fastmarkets.The most recent transaction took place on Tuesday - involving a steel mill in the Marmara region booking a European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25), 5,000 tonnes of shred...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.Electric vehicles are "the best thing to happen to the nickel market since the invention of stainless steel," Nornickel's marketing director told Fastmarkets in an interview, and his company's high-quality sulfide ore deposits in Norilsk give the Russian mini...Read More
By: Jim Willie CB November home: www.Golden-Jackass.com (new website) subscribe: Hat Trick Letter Jim Willie CB, editor of the "HAT TRICK LETTER" Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global vil...Read More
By: Andrew SchiffLike particles in a super collider, opposing forces of American culture smashed together this past weekend on a historic football field in Connecticut. And like a physics experiment, the resulting impact shed light on the state of the country and provides us all with a ready framed discussion for the Thanksgiving weekend.At halftime of the 136th annual Harvard-Yale football game...Read More
The recent grant of approval from the Indian Supreme Court for ArcelorMittal's acquisition of Essar Steel brings an end to years of legal wrangles, giving the global steelmaker access to a much sought-after market, and allowing the Indian steel sector to take a further step toward health. ArcelorMittal has been keen for some time to break into the domestic Indian steel market because it is one of...Read More
LME Week 2019 saw metals stuck in the middle of largely bullish supply-side fundamentals and decidedly bearish demand, with the global economy and industry looking shaky.Chatter in London was largely focused on nickel - with the stainless steel and battery metal's price soaring on the London Metal Exchange amid major stock drawdowns from the exchange system. Several panels and interviews looked at...Read More