China's hot-rolled coil markets dropped for a second consecutive day on Tuesday January 12 on inactive trading conditions. Domestic Eastern China (Shanghai): 4,550-4,570 yuan ($702-705) per tonne, down 60-80 yuan per tonne A Shanghai-based trader said he received few orders from downstream buyers on Tuesday even though his offers were 60-80 yuan per tonne below those issued on Monday. He said dema...Read More
NFL player Drew Brees was in trouble with the internet recently for wearing a T-shirt that said "Say Her Name."There has been an ongoing "Say Her Name" movement since Breonna Taylor, an unarmed Black woman, was shot by police and killed.However, the internet mob assumed Brees was tying the movement to the white Trump supporter Ashli Babbitt, who was killed during the riot at the Capitol building....Read More
Steel rebar and billet prices in the United Arab Emirates rose again in the week to Tuesday January 12 because of higher offers and market indications, but most rebar producers are yet to announce new prices for February production, sources said. Demand for billet and rebar from end users was moderate to strong during the week, sources added. Domestic rebar Steel producers sold rebar at 2,259-2,29...Read More
There was little activity in the export market for long steel products from the Commonwealth of Independent States in the week to Monday January 11 because suppliers are just starting to come back from public holidays. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob Black Sea, CIS was $650-670 per tonne on Tuesday, flat week on week. Current offers for Russ...Read More
Iron ore prices remained mostly stable on Tuesday January 12, supported by mills replenishing their stocks ahead of the Chinese New Year holiday in mid-February, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $172.67 per tonne, up $0.54 per tonne62% Fe low-alumina fines, cfr Qingdao: $173.00 per tonne, up $0.75 per tonne58% Fe fines high-grade premium, cfr Q...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 12 that are worth another look.Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Philippine...Read More
Mexican steel scrap prices continued their upward trend in the week ended Friday January 8, especially in the country's central Baj?-o region, while most prices were stable in the northern Monterrey region.Several steel producers in Baj?-o and nearby San Luis Potos?- state have increased their buying prices by around 200 pesos ($10) per tonne for most grades, in order to secure volumes, according...Read More
Turkish steelmakers stepped back from the deep-sea scrap import market on Tuesday January 12, focusing instead on finished steel and billet sales, sources told Fastmarkets.After a number of steel scrap cargoes were booked at the end of the last week, the market has generally been quiet."Market is very quiet [so far this] week, but I still expect the mills to book more carg...Read More
Steel rebar and billet prices in the United Arab Emirates rose again in the week to Tuesday January 12 because of higher offers and market indications, but most rebar producers are yet to announce new prices for February production, sources said. Demand for billet and rebar from end users was moderate to strong during the week, sources added. Domestic rebar Steel producers sold rebar at 2,259-2,29...Read More
Mining and metals producer Assmang has declared force majeure on its medium-carbon ferro-manganese production in South Africa, a source told Fastmarkets this week.Assmang produces refined ferro-manganese at its Cato Ridge Alloys plant in the eastern province of KwaZulu-Natal and halted production last week. The force majeure declaration was made in the first week of 2021 after...Read More
Jeffrey Gundlach discusses how markets are trading amid the pandemic, what he expects from the Biden administration, why the U.S. isn't out of a recession and more.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications...Read More
0:00 - Intro0:30 - Markets & T.A.4:37 - Violent Rebalancing8:00 - Gold 8x Forecast13:00 - Silvers 10x Potential15:10 - Momentum Vs. Price16:58 - Seasonality & Trends?17:47 - Timeline for Gold20:34 - Equity Crash Coming?23:50 - Mining Stocks26:18 - US Dollar Breakdown33:04 - Chart Indicators34:40 - Key Levels36:37 - Momentum & Methods37:47 - Wrap UpTalking Points From This Episode- Commodity cycle...Read More
In this episode of Keiser Report, Max and Stacy look at the demands for free money for the people rising fast and furiously as lockdowns and QE continue. In the second half, Max chats to Alasdair Macleod of GoldMoney.com about his forecast for a dollar collapse this year and what that would actually look like.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial...Read More
It's now populist versus collectivist. Watch out for John's upcoming article about the "great migration" as conservatives and other sensible people leave California and NY for Texas, Florida and the mountain states, and leave Facebook and Twitter for Gab and Parler, basically to get away from liberals. It's the modern version of "white flight" though we don't want to put it that way. Huge story fo...Read More
Today Mike Mike Maloney answers a very interesting question from Jeff Clark - "Is there a scenario under which you would take out a loan to buy gold and silver?" The answer may surprise you, thanks for watching.?>>?Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appea...Read More
"The Marxists are already plotting their next move."Read More
We are joined on Metal Money by Chris Vermeulen, founder of Technical Traders Ltd. We asked Chris about silver's price correction in the past week, where silver is headed in 2021, and what he thinks of bitcoin's rally.Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the aut...Read More
This week I'm sitting down with the one and only Anthony "The Pomp" Pompliano to talk investing in bitcoin, COVID-19 vaccines, finding a partner with the same financial goals, and more. Kevin O'Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering...Read More
Jim Rickards, economic analyst, political advisor, & author of his latest book, "The New Great Depression - Winners and Losers in a Post-Pandemic World," returns to Liberty and Finance to share key revelations on these turbulent times, and to answer viewers questions.Topics:Lockdowns FOREVER - Why Lockdowns Don't Work."Printing money doesn't cause inflation" - But is HAS created a massive pile of...Read More
"We're talking about a piece of remarkable technology that can be brought to bear and can be readily integrated with the NHS."Continue...Read More