Hot-rolled coil prices in China's domestic market trended higher on Thursday June 3, following gains in the futures markets, but export prices dropped due to weak demand. DomesticEastern China (Shanghai): 5,550-5,600 yuan ($869-876) per tonne, up by 30-70 yuan per tonne.With ferrous metals prices rising across the board, the most-traded HRC contract on the Shanghai Futures Exchange for October del...Read More
China's customs authorities will no longer require imports of some hot-rolled and cold-rolled coil to undergo inspections from June 10, the General Administration of Customs said on Tuesday June 1.The products affected, under the 10-digit Harmonized System (HS) code, include:7208261000 Other high-strength HRC of a thickness of 3mm or more but less than 4.75mm 7208269000 Other HRC of a thickness...Read More
Steel reinforcing bar prices in the United States increased again on Wednesday June 2, with the most recent hike from domestic producers accepted by the market.Fastmarkets' assessment for steel rebar, fob mill US was $44 per hundredweight ($880 per short ton) on June 2, up 0.57% from $43.75 per cwt the previous week.US marketThe most recent round of mill hikes - led by Commercial Metals Co and fol...Read More
Prices for steel billet imported into Egypt decreased during the week ending Thursday June 3 because of global price falls, although demand for rebar was better, sources have told Fastmarkets.Global prices for billet have been decreasing recently, because of limited buying by customers in China.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $653 per tonne on June 2, falling...Read More
Domestic steel rebar prices in Turkey have gone down over the past week amid falling scrap costs, market sources said on Thursday June 3.Turkish scrap import prices have fallen over the week amid limited demand from the mills in the country.Fastmarkets calculated the daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, at $495.27...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 3 that are worth another look.Russia's largest steelmaker, Novolipetsk Steel (NLMK), will start producing hot-briquetted iron (HBI) and increase its iron ore and pellet output by 2027-2028, the company told Fastmarkets.BHP, the majority owner and operator of...Read More
Russia's largest steelmaker, Novolipetsk Steel (NLMK), will start producing hot-briquetted iron (HBI) and increase its iron ore and pellet output by 2027-2028, the company told Fastmarkets.NLMK will construct a new metals and mining facility at its Stoilensky mining and beneficiation plant, it said.The start of the open-pit mine expansion is planned for 2022 with construction due to be most active...Read More
In this video we talk to Grant Williams. He shares his most important ideas about how to invest in the future. He talks about endgame for the global monetary system, gold, silver, what the future may look like, and much more.Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience...Read More
The Federal Reserve is set to begin selling bonds that it scooped up during the pandemic. Octavio Marenzi of Opimus LLC and Michael Pento of Pento Portfolio Strategies lend their insight to the central bank's latest decision and the continuing inflation facing the nation.Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento...Read More
AMC shares climbed nearly six fold since mid-May, but news Thursday that the company would sell 11.5 million shares triggered a 20% selloff pre-market. Gareth Soloway, chief market strategist said that more downside action is expected. Soloway discusses with David Lin, anchor for Kitco News, the moves he's expecting for AMC, Dogecoin, Blackberry, and Bitcoin. 0:00 - AMC11:57 - Blackberry14:19 - Do...Read More
***Not Financial Advice***Follow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https://aaronbasile.wordpress.com Read More
Link to the article Jeff mentions: https://goldsilver.com/blog/why-dont-... Does Mike Maloney buy any other precious metals besides gold and silver? The answer may surprise you... Platinum and palladium are both precious metals, just like gold and silver, because their occurrence in the earth's crust is rare. In fact, platinum is actually more rare than gold. So why doesn't GoldSilver sell them? I...Read More
We've seen some big rallies in gold over the last few months, and as we wrap up the month of May, the long-term charts are looking good. Host Craig Hemke sits down with Chris Vermeulen of the Technical Traders to break down all the gold and silver charts you need to prepare for the month ahead.Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd....Read More
Tom welcomes Ted Oakley, Managing Director and Founder of Oxbow Advisors, to the show.Talking Points From This Episode- His background and philanthropic activities.- Why unemployment figures should improve.- Three scenarios for inflation.- Equity strategies and gold as insurance.Time Stamp References:0:00 - Introduction0:34 - Background3:09 - Oxbow Principals4:37 - Jobless Claims7:37 - Mortgages9:...Read More
Economist Danielle DiMartino Booth does an interview with Tobias Levkovich who is the Chief US Equity Strategist for Citi Research. In this interview they talk about the movement of markets, inflation, the future of the labor force and where they think things will go next.Tobias M. Levkovich has been the Chief US Equity Strategist for Citi Research since 2001. He is also a member of the firm's Inv...Read More
00:00 Introduction01:27 Retiring from Sprott USA & Rule Investment Media10:48 PSLV - the result of Eric Sprott's prescience19:22 Misunderstood metals22:27 Meme-driven markets24:34 Trend of crypto crackdown27:44 Promise of the right gold-backed tokens36:11 Drifting from the dollar42:23 Outlook for cashSBTV spoke with Rick Rule, President and CEO of Rule Investment Media, about how the best gold-bac...Read More
Thomas Woods Jr. is an American author, historian, and libertarian commentator who is currently a senior fellow at the Mises Institute. Woods is a proponent of the Austrian School of economics. He hosts a daily podcast, The Tom Woods Show.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, own...Read More
We're being spied on by a domestic army of government snitches, spies and techno-warriors that makes the spy programs spawned by the USA Patriot Act look like child's play.Continue...Read More
A school teacher in Ogden, Utah has been hailed a hero for preventing the alleged kidnapping of an 11-year-old girl from a school playground by using his concealed firearm.Continue...Read More
You may or may not be familiar with The Bank for International Settlements, but if you look them up you'll find they are the Central Bank of Central Banks. That means they are the regulatory body for every major bank in the world. So as we move closer and closer to the Global Economic Reset, this one of the key entities to pay attention to. In this video I'm going to show you the proposed implemen...Read More