The No. 1 investment trend of 2020 is still booming and is now on pace to smash its previous record set last year for cash inflows. SPAC mania isn't going anywhere anytime soon. Irrational exuberance is spiking sharply in this section of the market. I see numerous warning signs telling me this bubble is going to burst in spectacular fashion and soon.Some recent data compiled on SPACs sheds light...Read More
The never-before-seen measures meted out by China's Tangshan provincial government could cut hundreds of thousands of tonnes per day in steel output and hit raw material demand in 2021, market sources told Fastmarkets. Tangshan's environmental protection office said on Friday March 19 that it is looking to tighten its grip on air pollution in the city, especially after it found that not all s...Read More
Indian domestic secondary billet prices fell by 100-200 rupees ($1-3) per tonne during the week to Friday March 19 on fewer inquiries and weakness in prices for finished products such as rebar.Fastmarkets' assessment of steel billet domestic, ex-works India was 38,500-38,800 rupees per tonne on Friday, down 100-200 rupees from 38,700-38,900 rupees per tonne ex-works last week."There will be a...Read More
Domestic rebar prices in Poland were largely supported over the week to Friday March 19 and sources said they expect continued good end-user demand and higher scrap values to lead prices higher. Rebar In the secondary market, buying activity was reported to be quite good during the assessment period, with some trading sources expecting March to be a record sales month for them, Fastmarkets heard....Read More
The never-before-seen measures meted out by China's Tangshan provincial government could cut hundreds of thousands of tonnes per day in steel output and hit raw material demand in 2021, market sources told Fastmarkets. Tangshan's environmental protection office said on Friday March 19 that it is looking to tighten its grip on air pollution in the city, especially after it found that not all s...Read More
Trading activity in the United States' pig iron import market remained muted but firm during the week to Friday March 19, sources said.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US was $570 per tonne on Friday, unchanged from the previous week.Several sources put offers for material originating from the Commonwealth of independent States at $560 per tonne cfr and...Read More
No new deals were reported in the pig iron export market from Brazil during the week to Friday March 19, with the market remaining firm.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil was $520 per tonne on Friday, unchanged since March 5.Offers of pig iron for May-June shipment were reported...Read More
Global steel scrap prices continued to fall over the week ended Friday March 19, with market participants battling against the disruptions in the bulk freight sector.Turkey goes quiet despite rise in available cargoesUS sellers expect Turkey to return for scrap soonLack of free vessels hobbles Vietnam import businessBuying slows in China amid weaker appetite for scrapSellers to Taiwan resist furth...Read More
The never-before-seen measures meted out by China's Tangshan provincial government could cut hundreds of thousands of tonnes per day in steel output and hit raw material demand in 2021, market sources told Fastmarkets. Tangshan's environmental protection office said on Friday March 19 that it is looking to tighten its grip on air pollution in the city, especially after it found that not all s...Read More
Concerns about a fresh Covid-19 lockdown in the Philippines are limiting the prices that most buyers are willing to pay for imported steel billet, market participants told Fastmarkets on Friday March 19.Philippine steel demand was severely affected last year during the country's lockdown periods and sources believe a repeat of this situation could come soon after daily Covid-19 cases soared to an...Read More
Key data from the pricing session in London on Friday March 19. Key drivers:Prices for ferro-molybdenum and molybdic oxide continued to decline amid ample availability and slow consumer demand for the former; and trader selling for the latter, following...Read More
Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast 'The Bubba Show.' He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.Read More
In a Stansberry Investor Exclusive, our Daniela Cambone speaks with Gerard Barron, CEO of The Metals Company, formerly called Deep Green Metals, and billionaire philanthropist Frank Giustra, a strategic advisor on the project. The company is looking to scour the ocean floor for battery metals found in nodules created by mother nature. Over the next thirty years, the global population is set to exp...Read More
For any problems they face, governments all over the world are now conditioned to simply deficit spend or issue new $trillions in 'thin air' currency.So how in danger are we of that recklessness leading to a breakdown of the entire system?Respected financial analyst Michael Every suspects we're closer than most realize.Adam Taggart is the President and Co-Founder of Peak Prosperity. He wears many...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Andy Schectman expects a continued awakening among young people realizing the value of silver.0:00?EUR< Intro0:49?EUR< Fed's meeting5:18?EUR< What is real inflation?8:18?EUR< Silver stacking becoming mainstream13:42?EUR< Why don't producers keep their silver?17:06?EUR< Could silver overtake gold?Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
Tom welcomes a new Guest Gareth Soloway President, CEO & Chief Market Strategist for InTheMoneyStocks. He explains what led him to become a trader after studying economics and why the markets enticed him. He discusses how it took him several years to build skills and come up with a methodology that worked for him.He cautions that using leverage can be risky. You need to be careful and understand t...Read More
http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an aut...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
In today's video Mike Maloney, Jeff Clark and Adam Taggart cover one of the most common questions we hear: "If Stock Markets Crash, Won't Gold & Silver Follow? Should I Sell & Buy Later?"Get their insights into this topic, along with the regular Tweet of the Day, Chart of the Day, Viewer Feedback....and an epic Meme of the Day.Michael Maloney is a precious metals investment expert and historian. H...Read More