There are trillions of dollars of bonds in the world with negative yields - a fact with which future historians will find baffling. Until now those negative yields have Continue...Read More
Continue...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 conventio...Read More
"I am disappointed, but not surprised, that the Trump administration has failed once again to prioritize our long term national security interests or stand up for human rightsContinue...Read More
"We want to have protection in the Middle East. We're going to be sending a relatively small number of troops, mostly protective," Continue...Read More
"When it comes to international payments, we will of course consider [the] proposal ... of gold-backed cryptocurrency. Continue...Read More
CIS export steel billet prices continued to climb in the week ended Friday May 24, with customers finally accepting higher prices in bookings.Billet offers from the Black Sea basin were heard within the range of $430-445 per tonne fob Black Sea, depending on supplier, but few customers were ready to accept such prices, with bids still being reported...Read More
Prices in Southeast Asia's steel billet market remained stable on Friday May 24 amid weak demand in the major Southeast Asian import markets of the Philippines and Indonesia.Market participants in the CIS adjusted their offers upward in response to bullish market sentiment after the United States reduced its tariff on imports of Turkish steel to 25% from 50%.Fastmarkets' daily import price assessm...Read More
Transaction prices in Europe for grade-304 stainless steel sheets have widened downward over the past week on poor demand, with further decreases likely in June because of lower alloy surcharges, sources told Fastmarkets on Friday May 24.Fastmarkets assessed the price of grade-304 cold-rolled sheets in Europe at ?,?2,200-2,300 ($2,454-2,566) per tonne delivered on Friday, widening downward by ?,?4...Read More
An overview of the noble alloys markets and the reasons for any price moves.Read More
Sector expert Michael Ballanger examines the historic impacts of inflation on the gold and silver markets. A few nights back, a good friend of mine from Perth, Australia, e-mailed me an article skillfully written by someone from the firm of Goehring & Rozencwajg, in which the lead story was entitled, "The Bell Has Rung: the Contrarian Power of Magazine Covers." In this really good body of work wa...Read More
In this interview with the CEO of a junior miner, Maurice Jackson of Proven and Probable delves into exploration plans on the company's two flagship properties. Maurice Jackson: Joining us today is Bart Jaworski. He is the CEO and director of Group Eleven Resources Corp. (ZNG:TSX.V; GRLVF:OTCQB), which is known for advanced-stage zinc exploration in Ireland. Group Eleven Resources just announced...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday May 24. China Taiyuan Iron & Steel (Tisco) released its June tender price for high-carbon ferro-chrome at 6,550 yuan ($947) per tonne on Friday May 24, 350 yuan per tonne lower than its May tender. Two other major Chinese stainless steel mills, Tsingshan and Baosteel, have yet to release June tende...Read More
Sector expert Michael Ballanger discusses the demotivating effects of current market trends. With great apology, I am late with this week's missive largely due to the arrival of boating season and the fierce need to secure a new vehicle, which should have taken (only) two days but didn't. Having arrived at the marina on Friday evening, I expected a rather smooth transition as it was the first year...Read More
The mid-tier goldminers’ stocks in the sweet spot for price-appreciation potential have been strugglingin recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-marketeuphoria. But gold-mining stocks aremore important than ever for prudently diversifying portfolios. The mid-tiers’ recently-reported Q1’19results r...Read More
The Fed released the minutes from its last meeting. What arethe Fed’s views on the economy, global risks and inflation? What do thelearnings imply for the US monetary policy and in turn, the gold market? Minutes Show That FOMC Members AreStill PatientThe minutes from the May FOMC meetingshow that the Fed is stillpatient. The downside risks for the global economy diminished and the financialc...Read More
Global ferrous scrap prices rallied during the week ended Friday May 24 in response to the United States' reduction of the tariff on imports of Turkish steel, with the exception of Vietnam, where buyers adopted a more cautious stance. Prices surge on reduction of Turkish steel tariff in the US US export prices to Turkey up Taiwan prices rise but Vietnam prices hold ground on buyer skepticism India...Read More
Transaction prices in Europe for grade-304 stainless steel sheets have widened downward over the past week on poor demand, with further decreases likely in June because of lower alloy surcharges, sources told Fastmarkets on Friday May 24.Fastmarkets assessed the price of grade-304 cold-rolled sheets in Europe at ?,?2,200-2,300 ($2,454-2,566) per tonne delivered on Friday, widening downward by ?,?4...Read More
Indian domestic secondary billet prices rose by at least 400 rupees ($6) per tonne in the week ended Friday May 24 on a rise in the costs for raw materials such as direct-reduced iron (DRI).The price for domestic secondary billet in India assessed by Fastmarkets on May 24 was 31,400-31,600 rupees ($450-453) per tonne ex-works, compared with 31,000-31,200 rupees per tonne last week."Billet prices h...Read More
Coated flat steel prices in Turkey continued to increase over the week ended Friday May 24, with demand improving in both local and export markets.Demand in the local market improved slightly and export demand was strong because of the United States' decision on May 17 to reduce tariffs on Turkish steel imports to 25% from the previous 50%.Coated coil producers did not accept new orders between Ma...Read More
UK warehousing and logistics company Henry Bath announced its appointment of Jerome Hack to the position of general manager on Friday May 24.Hack will continue to develop Henry Bath's business in the United...Read More