The free market is coming in to assist those who have been censored or cannot find information that has been censored by Google and other big tech giants. Privacy-focused Continue...Read More
"This is what happens when people stop worrying about actual problems and start imagining things."Read More
Inflation expectations for US consumers, according to surveys, are at their highest levels since 2013. Even more proof is out lately that inflation is increasing globally in global supply chains, especially higher commodity prices. There are signs that the food inflation that's gripped the world over the past year, raising prices of everything from shredded cheese to peanut butter, is about to get...Read More
There are important risk factors to consider.The first one is privacy. The central bank would control almost all transactions in a Continue...Read More
The "wait and see" economy is about to face its moment of truth, and one truth is the $1.8 trillion being passed out like candy is already spent.Continue...Read More
First, I have been shocked at the enormous power of the government, to unilaterally decree, to simply close businesses and schools by edict, restrict personal movement, mandate behavior, and Continue...Read More
Those who argue for "vaccine passports" and other forms of coercion, including the outright lie that no injury or death has been linked to the Covid-19 vaccines, are violating this code.Continue...Read More
There is no return to the "old normal." Employment adjusts too. But it will take years to sort out the issues these sudden massive shifts leave behind.Continue...Read More
The American people are really going to regret putting the warmongers back in control. Joe Biden has been in the White House for less than two months, and the warmongers that Biden has surrounded Continue...Read More
Andy has been working 20 hours a day. That's how intense the demand is for precious metals. Last month every bullion deal shut down due to a major dump of metals contracts into the market. Physical metal is being drained from the SLV and the Comex. Same with the London Metals Exchange. Price is misdirecting the public as the powers that be use the opportunity to drain the metal out.Spend, spend, s...Read More
Sibanye Stillwater could be eyeing rivals to form the third-largest gold mining company.Continue...Read More
Steel rebar prices in the north of Europe have been broadly flat over the past week despite a lack of buying activity, but with support from high feedstock prices, sources told Fastmarkets on Wednesday March 10.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?630-660 ($749-784) per tonne on Wednesday, widening downward from ?,?640-...Read More
The steel wire rod market in Northern Europe has been largely flat over the past seven days, although sentiment was quite positive amid a materials shortage and good buying appetite, Fastmarkets heard on Wednesday March 10.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?660-690 ($784-820) per tonne on Wednesday, stable week on wee...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 10 that are worth another look.High bulk freight costs are causing severe challenges in shipping ferrous materials this week, sources told Fastmarkets.The majority of members of the Workers' Union at Minera Los Pelambres in...Read More
Peter Krauth, editor of Silver Stock Investor, discusses recent movements in the price of silver and what he believes lies ahead. Silver is an odd metal.The crowd loves to hate on it for decades. That's simply because they don't really understand it. But when sentiment flips, it becomes a rock star.I think silver has entered its rock star period. And it's about to generate a string of hits. They...Read More
Turkish steel mills went quiet in the deep-sea scrap markets after the latest downturn in prices, with activity in the long steel market still slow, market participants told Fastmarkets on Wednesday March 10.Three US cargoes had been booked by two Turkish steelmakers, on Saturday and late on Monday, at around $453-456 per tonne cfr on HMS 1&2 (80:20) basis, sending daily scrap indices down by almo...Read More
British steel scrap suppliers have mostly settled monthly delivery prices for steel scrap to domestic consumers at prices up by ?30 ($42) per tonne for March.This increase will recover all the losses made one month earlier, amid persistently tight local supplies and firm demand for exports to traditional deep-sea markets, industry sources told Fastmarkets on Wednesday March 10.The move was seen a...Read More
Lower prices were agreed in the most recent round of export steel billet sales from Iran amid the widespread decrease in raw materials costs, Fastmarkets learned on Wednesday March 10.A cargo of Iranian billet was heard sold on March 7 at $560 per tonne fob southern Iranian ports, in line with highest prices achieved a week earlier.At the beginning of this week, however, Iranian mills had to give...Read More
High bulk freight costs are causing severe challenges in shipping ferrous materials this week, sources told Fastmarkets.Bulk freight rates have increased since the start of the year, underpinned by expensive oil and a lack of available vessels in major global markets, such as China.Brent crude oil prices were at $67.20 per barrel at the end of trading on March 9, up from $65 per barrel on Feb...Read More
China's domestic rebar prices further decreased on Wednesday March 10 due to weak demand and futures loss.DomesticEastern China (Shanghai): 4,630-4,650 yuan ($711-714) per tonne, down by 70 yuan per tonne Sellers cut prices by 20-30 yuan per tonne in the morning to 4,680-4,690 yuan per tonne to attract buyers, but few deals were concluded.Buyers bid much lower at...Read More