China's rebar prices picked up on Monday October 28 in both the domestic and the export markets, but the outlook among futures traders remained pessimistic. Eastern China (Shanghai): 3,620-3,650 yuan ($513-517) per tonne, up 40 yuan per tonne Northern China (Beijing): 3,580-3,630 yuan per tonne, up 30 yuan per tonneThe spot price rose over the day amid active trading.But participants did not...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products. Latest transaction: rebarRebar East China, domestic, grade...Read More

Turkish steel mills began the week in silence due to a public holiday in the country reducing trading activity, sources told Fastmarkets on Monday October 28. With a half-day public holiday taking place in Turkey on Monday, and Tuesday being a holiday for the Republic Day of Turkey, low levels of trading are expected in the deep-sea markets. The most recent trade reported to Fastmarkets&...Read More

A summary of the financial results of Swedish iron-ore producer LKAB for the third quarter of 2019.In brief The quarter was characterized by high and stable production, while a slowdown in the iron ore market led to lower delivery volumes and volatile iron ore prices. LKAB's improved earnings mainly reflect higher iron ore prices and a stronger dollar exchange rate.Lower deliveries in the quarter...Read More

Turkish domestic auto bundle scrap prices have increased over the past week in line with the rises in imported scrap values, sources said on Monday October 28.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,385-1,555 ($239-268) per tonne on Monday, up from the TRY1,380-1,505 per tonne of last week.Two steel mills raised their buy prices...Read More

StrengthsThe best performing metal this week was platinum, up 3.96 percent. Gold is back with a weekly gain and its best week in five, trading above $1,500 an ounce on hopes that the Fed will cut borrowing costs next week. The yellow metal also benefitted from haven demand due to geopolitical turmoil from Chile to Lebanon, plus volatility surrounding Brexit negotiations. Holdings in gold-backe...Read More

Avi GilburtThere is a significant amount of frustration from the bulls and bears alike as the market has been basically in a trading range for many, many months. So, before we go into my expectations for the coming months, I want to review how we got here.As the market began its rally off the December lows of 2018, my initial expectation was that we could top out as we headed into the March/Apri...Read More

Jordan Roy-ByrneFed rate cuts have been the driving force of the recent gains in precious metals.This is not a surprise to our readers as since 2018 we argued that a shift in Fed policy from rate hikes to rate cuts would springboard the next big move. History argued the same.The market is showing a roughly 90% chance the Fed will cut rates this week which indicates the market has essentially alr...Read More

CIS producers of steel slab have considered raising their offer prices because their November-casting order books were almost full, although customers were not ready for any price rises, Fastmarkets learnt on Monday October 28.Offers of CIS-origin slab were reported within the range of $375-380 per tonne fob Black Sea at the end of last week, but no customer was willing to accept such a price, con...Read More

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 estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More

China's rebar prices picked up on Monday October 28 in both the domestic and the export markets, but the outlook among futures traders remained pessimistic. Eastern China (Shanghai): 3,620-3,650 yuan ($513-517) per tonne, up 40 yuan per tonne Northern China (Beijing): 3,580-3,630 yuan per tonne, up 30 yuan per tonneThe spot price rose over the day amid active trading.But participants did not...Read More

Are We Escaping The Matrix... Or Am I Crazy? Jeff Berwick walk and talk from Bas Vent, Guadeloupe.Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is known to be an anarcho-capitalist activist and has written extensively about the impending collapse of the US dollar-based financial system.Read More

Max talks to Dan Collins, a businessman and investor who lived in China for twenty years before moving back to the USA this year. They discuss the NBA, Huawei, COSCO and Tesla's Gigafactory in ShanghaiMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and wr...Read More

"Don't get mad at 'em, don't hate on 'em...Man, it's not that serious. The First Amendment is first for a reason. Second Amendment is just in case the first one doesn't work out."Continue...Read More

President Trump is reversing his foreign policy decisions so quickly these days that it almost seems like he overturns himself before making the decision in the first place. Last week he was very clear that the US was pulling its troops out of Syria. "Bringing soldiers home," he said. "Let someone else fight over this long-bloodstained sand."But then he overturned himself later in the same speech....Read More

This ageing bull market may soon face the third market collapse since the year 2000. Nobody can predict the exact starting date of its decline-but either a recession or Continue...Read More

Topics:Why Brent was able to see new highs coming for stocks, despite his own reservations about the economyWhy Brent expects Christine Lagarde to make a big splash when she takes office as the new ECB chiefGold market update, including why Brent still thinks a deeper correction is coming before Gold moves to new all time highsRead More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More

What's astonishing is how long it lasts.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership a...Read More

The stock rose nearly ten percent before pulling back.Continue...Read More