Export prices for steel rebar and wire rod from the Commonwealth of Independent States (CIS) increased in the first half of August, supported by a combination of favorable market factors, Fastmarkets heard on Tuesday August 18.The revival of interest in finished long steel products among some European and Middle Eastern suppliers, reduced allocation of materials from Russian mills and the positive...Read More
China's domestic rebar prices edged up further on Tuesday August 18 amid rising futures, though demand in the spot market was largely flat. Domestic Eastern China (Shanghai): 3,650-3,680 yuan ($527-531) per tonne, up by 10 yuan per tonne Sellers in the spot market raised their prices following the gains in the futures market, but buyers did not raise their procurement rates. High temperatures...Read More
Here are five Fastmarkets stories you might have missed on Tuesday August 18 that are worth another look.The annual Asia Copper Week gathering has been canceled this year due to the global spread of Covid-19, its Chilean organizer, the Center for Copper and Mining Studies, announced on August 18.Digital financing will ease...Read More
Ferrous scrap prices in Mexico have increased in the past week, with some steelmakers trying to secure orders amid a recovery in demand from end-users and higher international prices.Increases were mostly reported in the central Baj?-o region of Mexico, while around the northern city of Monterrey scrap buyers have adopted a wait-and-see stance."There is more pressure for price increases in central...Read More
The Turkish steel producers have continued to stay away from the deep-sea scrap markets due to weak demand for their finished long steel products, sources told Fastmarkets on Tuesday August 18.Turkish steel mills paused their deep-sea bookings on August 7, when the price for HMS 1&2 (80:20) reached $285 per tonne cfr for US- and Baltic Sea-origin material.The poor demand for long steel was the mai...Read More
The U.S. used to be a capitalist country, but is now becoming a Marxist society, said Robert Kiyosaki, best-selling author of "Rich Dad Poor Dad."Kiyosaki was a veteran of the Vietnam War who had seven uncles fighting in World War 2. "I fought for capitalism," he said. "America is going Marxist."Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all t...Read More
In this episode of Keiser Report's annual Summer Solutions series, Max and Stacy chat to hard money advocate, Alasdair Macleod of GoldMoney.com, about the headline-grabbing moves in gold prices. Goldman Sachs says that soaring gold prices are, indeed, signalling that the US dollar's days as world reserve currency may be coming to an end. And, while they spoke before it was announced that Warren Bu...Read More
Obama's "Assad must go" Syria policy lives on, even three plus years into the Trump Administration. Yesterday, US troops illegally occupying Syrian territory shot at a Syrian army checkpoint and a US helicopter followed up by destroying the outpost. At least one Syrian soldier was killed in the incident. Earlier this month a politically-connected US firm signed a contract with the US government to...Read More
My guest in this episode is Lior Gantz. Lior is the editor of Wealth Research Group, has built and runs numerous successful businesses and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. He is an advocate of meticulous risk management, balanced asset allocation, and proper position sizing. As a deep-value inve...Read More
Many people are asking whether Mike has been buying during this recent pullback in gold and silver. Tune in and get Mike's take on the current markets, using a very important article written by Jeff Clark as a prime example of the bigger picture at hand. Jeff's article: https://goldsilver.com/blog/heres-eve...Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsletter...Read More
Food prices rising:"From February to June, meat and poultry prices rose nearly 11%, with beef and veal prices seeing the highest rise, spiking 20%. For pork the increase was about 8.5%. People are paying more for other staples, too: During the same time period, egg prices shot up 10%, and shoppers shelled out 4% more for cereals and fresh vegetables."California on verge of passing wealth tax and i...Read More
Chris Irons from the Quoth The Raven podcast is here to ??'?REVEAL HIS INSIGHTS??'^ riots, politicians, liberty and much much more! If you're interested in personal freedom and the future of the US economy, this is a MUST WATCH episode of the Rebel Capitalist Show!!George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior t...Read More
Time Stamp References:1:10 - What a currency reset might look like.6:55 - Future markets manipulation and atttacks11:00 - Potential for a short squeeze.13:20 - Seasonal sweet spot in gold markets.15:45 - Price calls for gold and silver.17:40 - Demand for physical21:30 - Platinum metals.Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore has become...Read More
Astronomers at the Palomar Observatory in California did not spot the asteroid until six hours after it flew by Earth.Continue...Read More
Danielle and Neil Cavuto of "Cavuto: Coast to Coast" discuss the possibility of empty shopping mall anchor stores becoming Amazon distribution centers. Will that help save the American mall?Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and laun...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
As the third leg of the gold bull market kicks in, DOUBLE DOWN chats to Egon von Greyerz of GoldSwitzerland.com about how much further this has to run and what the underlying economic and Continue...Read More
It's important to understand how all this actually works, which is why you can't just accept what the headlines are saying. Again, based on the deeper polling data, right now I'd give Trump a slight edge. Continue...Read More
"We're willing to cut our bill in half to meet the needs right now. We'll take it up again in January. We'll see them again in January. But for now, we can cut the bill in half."Continue...Read More
"This represents an Oligarchic Dozen."Continue...Read More