Brazilian flat and long steel producer Companhia Sider??rgica Nacional (CSN) will increase its prices in November for flat steel products by 7.5-10%, and for rebar by 10%, because of recovering demand and the high prices of imported material."The current premium [the difference between prices of domestically produced and imported material] for hot-rolled coil is a negative 5-10%, which allows us t...Read More

Domestic steel rebar prices in Poland were largely stable in the week to Friday October 16, with buyers skeptical about new price rises, expecting instead that demand from end-user sectors would slow down on seasonal factors, sources have told Fastmarkets.During the assessment week, buying activity in Poland's rebar market was reported to be only moderate, sources said."The restocking [drive] is o...Read More

Seaborne iron ore prices inched up from their downtrend on Friday October 16, sources said, adding that the expected increase in weekly iron ore port inventory and supply in the fourth quarter limited the increment in iron ore prices. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $119.08 per tonne, up $0.38 per tonne62% Fe low-alumina fines, cfr Qingdao: $119.64 per tonne, up $0.60 per t...Read More

Brazil's export pig iron market was quiet during the week to Friday October 16 because suppliers have full order books and expected higher prices in the Chinese market.Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil, at $352-355 per tonne on Friday, unchanged week on week because no trading activity was reported.Pig iron offers from the south of Brazil were repo...Read More

Turkish steel mills continued to book deep-sea scrap for November shipments at slightly higher prices in the working week to Friday October 16, easing the oversupply in the United States. Improving buying interest for finished steel supported scrap imports into Southeast Asia.Turkish steel mills replenish scrap stocks on strong export salesTurkish bookings welcomed in US due to oversupplyRecoverin...Read More

The price of shredded scrap imported into India inched upward on Friday October 16 after the downward price trend in the market reversed, sources have told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $308.62 per tonne on Friday, up from $305.74 per tonne one week earlier. This was the first upward movement after four consecutive weeks of...Read More

The CIS export billet market was largely quiet in the week to Friday October 16 due to a mismatch between sellers' and customers' price expectations.Offers of CIS-origin billet were heard mainly within the range of $410-415 per tonne fob Black Sea, but some suppliers were seeking even higher numbers, according to market participants' reports.Meanwhile, customers' prices ideas rarely exceeded $400...Read More

In a liquidity crisis, everybody sells everything, explains best-selling Currency Wars author Jim Rickards. "But if you're losing money in stocks, people sell gold to make the margin calls," he says on why we may see dips in the gold price. "So, gold does go down, but strong hands are watching and they come in and buy." Rickards is forecasting a major bullish forecast for gold. With prices closer...Read More

0:28 - Hottest investments today1:00 - Gold to replace dollar2:04 - Americans don't have savings3:54 - Robots to replace 800 million people by 20308:45 - Altruism vs greed12:13 - Is it capitalism's fault?13:22 - What's wrong with our education system?The rise of automation means that many workers around the world will eventually be replaced by robots and artificial intelligence, and most Americans...Read More

Sprott Money News ? Sprott Money News Weekly Wrap-up - 10.16.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipi...Read More

Lynette has been warning you about the $200 Trillion Dollar Reset of Major Bank Contracts within the next year. And it's now being announced they are officially Resetting over $80 Trillion by Monday, October 19. Lynette shows you why this is being called "The Big Bang" across the media, and more important than the all telling name behind it, is what you have the power to do about it. When the valu...Read More

Bill and Grant welcome the incomparable Felix Zulauf to The End Game.What follows is a true masterclass in macro thinking as Felix joins a complicated series of dots to lay out both a cohesive vision of the present, and an impressive roadmap for the future.The likely end of a 40-year bull market in bonds, the all-important inflation vs deflation debate as well as gold, the dollar and so much more...Read More

The days of "easy money" for junior miners may be over, according to Rick Rule, president of Sprott U.S., who sees record levels of financing for even low-quality junior mining projects as a sign of caution."The space itself, I think is substantially overbought. The truth is, scores of companies have been able to do very, very large financings," Rule told Kitco News.Rick Rule, founder and chairman...Read More

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...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

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More

In today's must-watch update: "This will create a global economic convulsion like the world has never seen, there will be a wealth transfer and everyone will participate - you do not have a choice. Your only choice is: Are you going to have the wealth transferred toward you...or away from you. It's all up to you." - Mike Maloney. Michael Maloney is a precious metals investment expert and historian...Read More

With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence."If you're at the zero bound, and the Fed has been at the zero bound for much of the last decade, if you're at the zero bound, the only discussion you're really having is ho...Read More

"It gets back to, would you rather be right and righteous or make money, but it also gets back to the tail risk, if you want to be a wise guy about it, in that torches and pitchforks are undervaluedContinue...Read More

A massive YouTube purge has taken place. Several channels have been removed from the platform proving truth is treason in the empire of lies.Continue...Read More