Steel scrap prices have continued to increase in all the major international markets over the past week, amid tightening supply and continued demand for steel, sources said on Friday November 20.Turkish steelmakers returned to the import market, booking cargoes at higher pricesUS East Coast sales slow down, but prices remain highDemand for Vietnamese steel billet drives up scrap pricesTaiwanese mi...Read More
Demand for imported pig iron was low in the United States during the week to Friday November 20 but a global uptrend has stimulated market growth.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $392-395 per tonne on Friday, narrowing upward from $390-395 per tonne a week before.No new deals were reported in the spot market despite buyers'...Read More
Harley Schlanger's work can be found at LaRouchePAC.com and The Schiller Institute.Read More
Once industrial demand picks up, more tailwinds for silver will push the metal closer to the $35 to $40 an ounce range next year, said Peter Hug, global trading director of Kitco Metals.Peter Hug has been involved in precious metals since 1974. He began gaining first-hand investment industry experience at Deak-Perera. He served as SVP at Guardian Trust Company, which became one of the largest inte...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
Egon von Greyerz and Matthew Piepenburg discuss the current and popular topic of an eventual "return to normal" once COVID conditions are eventually behind us, ideally upon the attainment of an effective vaccine/treatment protocol. The irony, of course, is that there was nothing at all "normal" about financial conditions and desperate monetary policies pre-COVID, and certainly nothing "normal" in...Read More
2020 has been a wild year in the silver market. And to find out how precious metals analyst Dave Kranzler thinks it's going to end, click to watch the video now!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA fro...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Daniel Lacalle to the show to discuss what's holding the stock market up as the vaccine news is offset by a marked increase in cases and deaths, bond yields, inflation, and much more.Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017)....Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
The price for pig iron exports from Brazil went up again during the week to Friday November 20 on strong demand in both the export and domestic markets. Fastmarkets assessed the price of pig iron, export, fob port of Vitoria/Rio, Brazil at $390-395 per tonne on Friday, up from $375 per tonne a week ago.A sale was done to Mexico at about $390-395 per tonne fob, sources said. The carg...Read More
In an early glimpse of what wealth redistribution will look among developed nations in coming years, on Wednesday the lower house of Argentina's Congress approved a bill seeking Continue...Read More
Let's face it, Cancel Culture is having a major impact on how things "look".And high net worth investors and fund managers can't afford to have a bad social reputation.Continue...Read More
Education today starts by telling minorities and women that they are discriminated against rather than saying this is a land of opportunity. They ignore all the African andContinue...Read More
"The notion of a reset is more important than ever before," Kerry said. "I personally believe ... we're at the dawn of an extremely exciting time."Continue...Read More
This means that with no shorts left, the market's ability to "squeeze" higher is now finished... except for energy where we expect some catalyst to unleash what will soon be the only short squeeze left in the market.Continue...Read More
Soaring shipping costs have continued to push the manganese flake market up, with European prices jumping by more than 9% this past week to a nine-month high.Fastmarkets' assessment for manganese 99.7% electrolytic manganese flake, in-whs Rotterdam was at $1,800-1,850 per tonne on Friday November 20, up by 3% from the mid-week assessment of $1,750-1,795 per tonne and by 9.3% from $1,620-...Read More
Steel scrap prices have continued to increase in all the major international markets over the past week, amid tightening supply and continued demand for steel, sources said on Friday November 20.Turkish steelmakers returned to the import market, booking cargoes at higher pricesUS East Coast sales slow down, but prices remain highDemand for Vietnamese steel billet drives up scrap pricesTaiwanese mi...Read More
Demand for imported pig iron was low in the United States during the week to Friday November 20 but a global uptrend has stimulated market growth.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $392-395 per tonne on Friday, narrowing upward from $390-395 per tonne a week before.No new deals were reported in the spot market despite buyers'...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.AsiaSeaborne prices for high- and low-grade manganese ore fell following lower offers, amid high inventories and weakening sentiment.Falling portside ore prices put additional downward pressure on both grades of material.Portside manganese ore prices of both grades ticked down....Read More
Chilean state-owned copper miner Codelco announced on Thursday November 20 that Andr?(C) Sougarret would return to the company in 2021 after a two-year stint with Colombia's Empresa Nacional de Miner?-a (Enami).Sougarret, widely known in the industry for his key role in the rescue of the 33 miners trapped at the San Jos?(C) mine in Chile in 2010, will become vice president of Codelco's northern op...Read More