Diego Parrilla, portfolio manager and author of "The Anti-Bubbles", likens portfolio construction to putting a soccer team on the field. In the coming decade he sees equities as being the strikers and options as being the goal-keeper. On Real Vision today, he explains his approach which includes using options to get defensive exposure to assets like Treasuries. He believes the 60/40 balanced pa...Read More

A summary of the financial results for Turkey's largest steelmaking group, Erdemir, for January-June 2020.In brief Erdemir Group's local flat steel sales decreased by 3.88% to 2.8 million tonnes in the first half of 2020.Erdemir Group's local long steel sales increased by 6.35% to 419,000 tonnes in January-June 2020. Erdemir Group's total steel exports were 687,000 tonnes of flat steel to 35 count...Read More

Domestic prices for steel rebar in Poland have narrowed over the past week, supported by good demand from end-users, sources told Fastmarkets on Friday August 7.Trading activity in Poland's rebar market remained good in the week, despite the normal seasonal summer slowdown."Construction [activity] is slightly slower due to seasonal factors, but it is still okay," one trader said."I do not see less...Read More

Eastern China's rebar prices held steady on Friday August 7 despite falling futures, with restocking demand ahead of the weekend providing support to the market. Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($523-527) per tonne, unchanged Northern China (Beijing) weekly assessment: 3,700-3,730 yuan per tonne, up by 50-60 yuan per tonneA weakening of iron ore futures dragged down the rebar c...Read More

No negotiations were again reported in the United States' spot pig iron market during the week ended Friday August 7, because steel mills' utilization rates remained low, Fastmarkets understands.But one deal was heard under long-term agreement at $340 per tonne cfr from Brazil. That would be "more or less in line with the spot market level," one buyer said. Meanwhile, other sources estimated that...Read More

European domestic prices for stainless steel scrap have increased over the past week, supported by the higher cost of nickel, sources told Fastmarkets on Friday August 7.Fastmarkets' weekly price assessment for stainless steel scrap, 18/8 solids, domestic, delivered merchants UK, was ?850-880 ($1,118-1,157) per tonne on Friday, up by ?10 per tonne from ?840-870 per tonne on July 31.The assessme...Read More

Ferrous scrap prices in all the key global markets continued to increase in the week ended Friday August 7 on stable demand from end-users and high prices for downstream steel products.Turkey continues to purchase material at higher pricesUS export prices and volumes riseVietnam chooses US-origin scrap on narrowing differential with JapanTaiwan prices continue uptrendIndia prices return to pre-pan...Read More

Brazilian slab export prices increased in the week ended Friday August 7, with recent deals closed at higher levels and producers trying to push for new price increases in the next few weeks.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, reached $405-410 per tonne on Friday, up by $10-15 per tonne from $390-400 per tonne a week before.Recent deals for Brazilian...Read More

Offers of steel billet to foreign customers from the Commonwealth of Independent States (CIS) region had gone up by the end of this week following the continuing uptrend in the scrap sector, Fastmarkets heard on Friday August 7.But trading activity was limited, even though some customers accepted the higher prices.Fastmarkets' steel billet index, export, fob Black Sea, CIS, was $404 per tonne on A...Read More

European stainless steel prices have remained stable over the past week due to the seasonal demand slowdown, sources told Fastmarkets on Friday August 7.Fastmarkets' assessment of the price for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was ?,?1,900-1,950 ($2,254-2,314) per tonne on August 7, unchanged week on week.The assessment was...Read More

Marc discusses the markets, the economy and investments.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business...Read More

Sprott Money News ? Sprott Money News Weekly Wrap-up - 8.7.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipien...Read More

What do you get when you add up a massive exodus from the US dollar, insane monetary and fiscal policy, record COMEX deliveries, and a wave of institutional funds headed towards the precious metals? Join Mike Maloney in today's video to find out. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver s...Read More

Andy is the President & Owner of Miles Franklin Precious Metal Investments. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavio...Read More

*The interview begins at 15:51Topics:Has Jim really changed his views and turned bullish?Coronavirus crisis updateV-bottom recovery in the stock market does not equal v-bottom recovery in the economyFED's balance sheet expansion - where is it headed, what's the endgame?MMT - what are the risks and how does it unfold?Fixed income markets - outlook on bond yieldsDevaluation of the US dollar and the...Read More

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

The gold and silver supercycle has begun as the US Dollar reaches its breaking point amidst Trillions upon Trillions of printing, while the Comex vault is drained of PHYSICAL precious metals. Bill Holter joins me to discuss the latest.Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Mi...Read More

*This podcast was recorded on August 2, 2020Bill and Grant welcome Russell Napier to The End Game to discuss the reasons behind the long-term disinflationist's recent decision to step off that train and prepare for the return of inflation. Using examples from the 1690s, 1930s and 1970s, Russell makes the case for inflation in the United States hitting 4% before the end of the year and explains why...Read More

Given all that we know after our months of intensively tracking the coronavirus pandemic, what are the best ways to prevent & treat it?1) Everyone should invest in boosting the "terrain" of their own body's health. Boost your intake of Vitamins D & C, eat healthy, get plenty of rest, and avoid stress.2) Everyone should wear a mask, practice social distance, and get tested asap if exposure or illne...Read More

"Discrimination in every day life, including housing, education, criminal justice and employment, have a profound impact on people's quality of life and ultimately their physical and mental health."Continue...Read More