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
Domestic prices for hot-rolled coil in Europe increased further on Monday April 19 after ArcelorMittal announced an increase in its offer prices last week, sources told Fastmarkets.The mood in the market is bullish, and buyers are expected to accept even higher prices soon.Fastmarkets calculated its daily steel hot-rolled coil index domestic, exw Northern Europe at ?,?941.67 ($1,128.10) per tonne...Read More
Liberty Steel's management has promised Ostrava steelworks in Czech Republic will retain its carbon emissions allowances, addressing trade union's fears they will be lent to another mill, Fastmarkets has learned. On Wednesday April 14, OS KOVO trade union warned of a readiness to strike at Liberty's Ostrava plant amid concerns stemming from market chatter and international media that implied...Read More
Prices for cold-heading quality (CHQ) and high-carbon wire rod in the United States rose for the second consecutive month, while mills extended lead times due to higher demand. Fastmarkets' monthly assessment for steel wire rod (high carbon), fob mill US was $52.50 per hundredweight ($1,050 per short ton) on Friday April 16, up 5% from $50 per cwt in March, and up $4.75 per cwt (9.95%) f...Read More
Special bar quality (SBQ) steel prices for both hot-rolled and cold-finished products soared in the United States in April due to rising demand, mill base price increases and higher raw material costs. Fastmarkets' assessment for hot-rolled special bar quality 1-inch round 1000 series (carbon), fob mill US was at $57.50 per hundredweight ($1,150 per short ton) on Friday April 16, up by 12.75% from...Read More
Liberty Steel's management has promised Ostrava steelworks in Czech Republic will retain its carbon emissions allowances, addressing trade union's fears they will be lent to another mill, Fastmarkets has learned. On Wednesday April 14, OS KOVO trade union warned of a readiness to strike at Liberty's Ostrava plant amid concerns stemming from market chatter and international media that implied...Read More
Turkish steel producers returned to the deep-sea scrap import market at the start of the week, booking cargoes from a range of locations at lower prices, market participants told Fastmarkets on Monday April 19.At the end of the last week, a steel mill in the Izmir region booked a European cargo at $417 per tonne cfr for HMS 1&2 (80:20).And a steel mill in the Iskenderun region booked a Venezuelan...Read More
Turkish domestic auto bundle scrap prices have inched downward over the past week thanks to the recent recovery in the value of the country's currency, while ship scrap prices remained fairly stable, market participants told Fastmarkets on Monday April 19.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with a stronger Turkish lira beca...Read More
Iron ore prices in the seaborne market surged on Monday April 19, supported by active trading at Chinese ports and demand from steel mills ahead of the Labor Day holiday. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $181.80 per tonne, up $3.37 per tonne 62% Fe low-alumina fines, cfr Qingdao: $182.55 per tonne, up $3.99 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $157.49 per...Read More
Portfolio manager Michael Pento says a stock crash is coming this year. How low will the market fall? Michael expects 30% at least, but says it could fall much more. 0:00?EUR< Intro0:56?EUR< Spike in bond yields6:25?EUR< Inflation14:46?EUR< Stock crash20:33?EUR< 30% crash minimumMichael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to startin...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
Muhammad Ali vs. Joe Frazier was billed as the "Fight of the Century"- and now best-selling author Jim Rickards says the debate on gold versus bitcoin featuring Frank Giustra and Michael Saylor will be a battle of the ages. Gold has been sound money and a reliable store of value for 3,000 years; this will be strongest point for the yellow metal, says the financial guru. "The problem is the horse w...Read More
In this episode of the Keiser Report, Max and Stacy look at the call by JP Morgan for unexpectedly large increase in inflation as pent-up savings is unleashed. In the second half chats to Alasdair Macleod of GoldMoney.com about whether or not we are heading for inflation, deflation, hyperinflation or hyperdeflation and why it is so difficult to tell.Max Keiser is an American broadcaster and film-m...Read More
"If you look at the deaths and adverse events, and the failure to provide true informed consent, we are talking about the greatest violations of the Nuremberg Code in history-now."Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.Read More
Tom welcomes Chris Powell, Secretary, and Treasurer of GATA, the Gold Anti-Trust Action Committee, to the show. Talking Points From This Episode- How and why governments and central banks control gold.- Gold swaps and leasing - the creation of paper derivatives.- China and Russia - why central banks are all involved.- Why silver could be banker kryptonite.Time Stamp References:0:00?EUR< - Intro0:3...Read More
Real Vision managing editor Ed Harrison welcomes back Jim Bianco, president of Bianco Research, to discuss the newest release in the weekly jobless claims data, comparing the vaccine roll-out in the U.S. to other countries, and how we are on the precipice of inflation. Bianco points out how, even though jobless claims fell to the lowest level since the pandemic, the question of job growth is trick...Read More
Blog: https://www.itmtrading.com/blog/gold-...Lynette responds with organic and unrehearsed answers. These are client questions from the consultants, if you have questions please either submit them through YouTube, Facebook, Twitter, or email to [email protected] If you enjoyed the Q&A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!Quest...Read More
Momentum has shifted back in gold and silver's favor for now, said Jim Wyckoff, senior market analyst at Kitco News. "When we last talked, the markets, both gold and silver, were in a near-term price downtrend. Remember, we talked about key support levels that had to hold to keep prices from accelerating to the downside and those key price support levels, technical levels, did indeed hold," Wyckof...Read More
The European ferro-silicon market seems set to test the March 2018 price range of ?,?1,650-1,700 per tonne, with suppliers reporting several sales of standard-grade material for prompt delivery already done at ?,?1,620 per tonne.One regular trading company said it is not offering any such material below ?,?1,600 ($1,916) per tonne, although the bulk of sources suggest a range between ?,?1,500-1,60...Read More
Gary Shilling is president of A. Gary Shilling & Co., a New Jersey consultancy, a Registered Investment Advisor and author of "The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation." Some portfolios he manages invest in currencies and commodities.Read More