Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
My heart broke when I heard the news...One of my favorite singers of all time, and one of the nicest guys I've ever met, announced that he has Alzheimer's.His name is Anthony BenedettoBut you probably know him as Tony Bennett.Although Bennett had been a household name since the 1950s, I didn't discover him until the 1980s, when he launched a comeback that appealed to the MTV generation. Gen X kid...Read More
Key data from the Wednesday February 4 pricing session in London and Shanghai.Key drivers The cobalt hydroxide payable indicator continued to edge high after a persistent surge in downstream cobalt sulfate prices translated into heightened willingness among buyers to accept higher offers from...Read More
Roscan Gold Corporation (TSX-V: ROS; FSE: 2OJ; OTC: RCGCF) is a well-financed Canadian gold exploration company, focused on the exploration and acquisition of gold properties in West Africa. Roscan has assembled a significant land position of 100%-owned permits around its flagship Kandiol?(C) Project in West Mali, in an area of producing gold mines and major gold deposits.The Kandiol?(C) Project i...Read More
Hot-rolled coil prices in the United States have reached an all-time high, supported by strong demand and extremely tight supply, Fastmarkets has learned.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $59.23 per hundredweight ($1,184.60 per short ton) on Thursday February 4, up by 2.69% from $57.68 per cwt the previous day and more than double $29.57 per cwt on...Read More
Domestic prices for hot-dipped galvanizing coil have been stable in Northern Europe over the week to Wednesday February 3, supported by tight supply, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil domestic, exw Northern Europe was unchanged over the week at ?,?820-840 ($987-1,011) per tonne on February 3.The assessment was based on achievable pri...Read More
Turkish prices for hot-rolled and cold-rolled coil both fell in January 2021, with the market slow to moderate because of decreasing prices globally, Fastmarkets heard on Thursday February 4.The country's HRC producers were fully booked until late April, so most market participants expected prices to show more correction, after the sharp increases in November and December 2020."There was a shortag...Read More
Steel reinforcing bar prices in the United States are steady this week, with market participants closely watching the monthly domestic ferrous scrap trade for signs of how it will impact the spot rebar market.Fastmarkets' weekly assessment for steel reinforcing bar (rebar), fob mill US was at $39.75 per hundredweight ($795 per short ton) on Wednesday February 3, unchanged from January 27...Read More
Prices for steel billet and rebar decreased in Egypt in the week to Thursday February 4 in line with weak demand, with the country still suffering from rebar consumption having decreased by 7.68% in 2020, sources have told Fastmarkets.Egyptian demand for long steel products was weak for reasons including a ban on construction and the continuing effects of the Covid-19 pandemic.Egypt imposed a ban...Read More
Demand for Turkish rebar and wire rod exports has remained sluggish over the past week, with prices dropping further, market sources said on Thursday February 4.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $590-595 per tonne on Thursday, down from last week's $600-620 per tonne on an actual weight basis.The mills in the country have redu...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 4 that are worth another look.Brazil-based miner Vale has reached a settlement with local prosecutors to pay 37.7 billion Reais ($7.03 billion) in reparations for the deadly disaster that hit the city of Brumadinho in January 2019, it said...Read More
Export prices for pig iron from the Commonwealth of Independent States decreased during the week to Thursday February 4 on a bearish mood among buyers, sources have told Fastmarkets.Market participants expected there to be further price decreases.Fastmarkets' weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $495-500 per tonne on Thursday, down by $5-20...Read More
The steel industry has largely welcomed India's 2021-2022 union budget that was announced on February 1 for its focus on infrastructure and government spending. The impact of the coronavirus pandemic and subsequent lockdown in the country resulted in India's gross domestic product (GDP) falling by a forecast 7.7% in the year to March 2021, before rebounding to grow by 11% the year after, according...Read More
Silver is a completely different animal from GameStop because when you're trading silver, you're playing against the biggest industrialists and market "manipulators" in the world, said Robert Kiyosaki, best-selling author of Rich Dad Poor Dad.0:00?EUR< - Why #SilverSqueeze?EUR< failed7:50?EUR< - Consequences of GameStop trades12:35?EUR< - Peter Schiff14:29?EUR< - Next moves for silver17:38?EUR< -...Read More
The Reddit driven side of #SilverSqueeze?EUR< is over. However, demand for physical silver remains insane at Miles Franklin. Regardless, John Rubino from DollarCollapse.com is bullish on silver because of green energy demand and signs of a currency crisis. He also touches on what he calls "the everything bubble."0:36?EUR< Silver squeeze phenomenon7:36?EUR< Is the silver squeeze over?10:20?EUR< Sil...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Jim Bianco to the show to discuss the coming inflation and how to trade it, update on the COVID pandemic, and the lunacy that is Wall Street Bets.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the...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
Robinhood's restrictions on trading for retail investors during the GameStop frenzy have stirred up a firestorm of controversy. Mohamed El-Erian, Chief Economic Adviser at Allianz, tells CNN Business' Alison Kosik what the future of trading will look like after Reddit's rally around $GME.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is th...Read More
Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client b...Read More
0:00?EUR< - Intro0:36?EUR< - Dollar Purchasing Value11:00?EUR< - Biden/Yellen Dream Team12:45?EUR< - Inflation & Deflation17:30?EUR< - Too Much... Is Toxic?19:17?EUR< - Paper Gold & Price22:00?EUR< - Manipulation25:11?EUR< - Fake Gold & Silver28:59?EUR< - Reddit David Vs. Goliath33:50?EUR< - Silver Catalyst & Trends33:55?EUR< - Best Things in Life38:02?EUR< - Wrap UpTalking Points From This Episod...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More