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GULF STEEL BILLET, REBAR: Suppliers raise offers but demand remains low

February 27, 2019 / www.metalbulletin.com

Prices for steel rebar and billet imported into the United Arab Emirates have increased slightly this week because of higher offers and deal prices, sources told Fastmarkets on Tuesday February 26.The reason for the rise in the billet import price was that producers in Oman and Bahrain raised their prices for the commodity.But demand for rebar was moderate in the country, and with local supply bei...Read More

Max talks to Michael Pento about the Fed promising permanent QE

February 26, 2019 / marketsanity.com

Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencies.' Max 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 writes for The Huffington Post. Keiser invented "Virtual Spec...Read More

John Rubino and Kerry Lutz discuss money, the economy and their friendship

February 26, 2019 / marketsanity.com

For years, John Rubino and Kerry Lutz have been covering the dollar, gold and U.S. economy. Today we discuss what keeps these financial educators motivated.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 198...Read More

Stockman: Fed Mismanagement Will Spark 'Tremendous Negative, Left-Wing Political Reaction'

February 25, 2019 / marketsanity.com

David Stockman on Real Vision (Feb. 25, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deforma...Read More

Max Keiser: Permanent QE Leading To A Century of War

February 26, 2019 / marketsanity.com

In this episode of the Keiser Report, Max and Stacy discuss the impossibility of endless war under hard money and ask whether the millions of deaths made possible with easy inflationary money could be spared under a bitcoin or gold standard. In the second half, Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencie...Read More

G. Edward Griffin: The End of the Dollar Within Walking Distance!

February 26, 2019 / marketsanity.com

G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More

Sugar subsidies are welfare for the rich and cost consumers billions a year

February 26, 2019 / marketsanity.com

The U.S. sugar program is "Stalin-style price controls," Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.Read More

CHINA REBAR: Domestic prices rise on increased selling interest

February 27, 2019 / www.metalbulletin.com

China's domestic rebar prices retreated on Tuesday February 26 after supply pressures led sellers to destock.Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($558-564) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,730-3,770 yuan per tonne, widened downward by 10 yuan per tonneSelling interest among stockists picked up due to an increase in inventory levels, which led to them...Read More

Ocasio-Cortez: People Shouldn't Reproduce Due To Climate Change

February 25, 2019 / marketsanity.com

"Our planet is going to hit disaster if we don't turn this ship around and so it's basically like, there's a scientific consensus that the lives of children are goingContinue...Read More

DiMartino Booth: Fed is bowing to Trump's request

February 26, 2019 / marketsanity.com

Former Dallas Fed adviser Danielle DiMartino Booth on former Federal Reserve Chair Janet Yellen's comments about President Trump and the state of Federal Reserve policy.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economi...Read More

Martin Armstrong on Elon Musk's War with the Corrupt SEC

February 26, 2019 / marketsanity.com

The SEC has moved to hold Elon Musk in contempt in their favorite court - the Southern District of New York. This has been a battle against the SEC whereby just making any comment Continue...Read More

Gregory Mannarino: JP Morgan Is The AntiChrist...

February 26, 2019 / marketsanity.com

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

David Hunter: Big Moves Are Coming For Gold and Silver

February 25, 2019 / marketsanity.com

David believes that 2019 will be a year of extremes for the broader markets in that there will first be a melt-up and then later in the year a meltdown. The dollar is likely to roll-over soon, and he expects gold to rise this year to $1550. A global deflationary bust is coming which will be severe, and it will be like 2008 but on steroids. They will stop it again this time with massive money print...Read More

Pakistan Promises Retaliation, Makes Nuclear Threats After Indian Jets Bomb Its Territory

February 26, 2019 / marketsanity.com

"I want to assure you that the country is in safe hands," India's Prime Minister stated. "I vow that I will not let the country bow down."Continue...Read More

U.S. housing starts fall to more than two-year low

February 26, 2019 / marketsanity.com

U.S. homebuilding data showed construction of both single and multi-family housing falling to a more than two-year low in December as Continue...Read More

North Korea has been studying Vietnam's reforms for years

February 24, 2019 / marketsanity.com

Are pro-market economic reforms coming to North Korea? Or are they already here? North Korea's young leader has already allowed some markets in his country to developContinue...Read More

Oz Minerals annual profit slips but Prominent Hill project outperforms

February 26, 2019 / www.mining.com

Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More

Equinox Gold attracts $130m investment from Abu Dhabi

February 26, 2019 / www.mining.com

Equinox Gold (CVE: EQX) has attracted a $130m investment from Abu Dhabi's state-owned Mubadala Investment Co. in the form of convertible notes.The notes are for five years with a 5% interest rate convertible at $1.05 per share, a 25% premium to the 10-day volume weighted average Equinox share price. Mubadala will be granted a seat on Equinox's board and standard anti-dilution rights.Equinox plans...Read More

Mexico to renew 15% safeguarding duty on steel imports

February 27, 2019 / www.metalbulletin.com

The Mexican government has decided to renew a 15% safeguarding duty on imports of steel from countries with which it does not have free trade agreements.The safeguard is expected to be signed this week, and it will be valid for another six months, according to the country's economy secretariat.It will apply also on imports of products...Read More

'Loser' vs 'anemic': Barrick's Newmont bid starts on toxic note

February 26, 2019 / www.mining.com

Long-time rivals Barrick Gold Corp and Newmont Mining Corp renewed their animosity on Monday with their chief executives trading insults after Barrick launched an $18 billion hostile bid for the U.S. company, presaging an aggressive battle.The tough talk underscored deep personality and cultural differences between the world's two biggest gold producers. Their past attempts to merge ended in acrim...Read More

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