Prices for rebar imports into Singapore were unchanged in the week to Monday September 7 amid limited spot negotiations, market sources told Fastmarkets.Major end users in Singapore did not purchase any materials amid weak demand from downstream construction contractors and high inventory levels. This is unlike the Hong Kong import market, which sources said had bought 52,000 tonnes of Turkish reb...Read More
Here are five Fastmarkets stories you might have missed on Monday September 7 that are worth another look.The Labor Day holiday in the United States meant that three-month base metals prices on the London Metal Exchange were little changed at the close of trading on Monday, with trading volumes thin. LME nickel futures showed the biggest losses over the afternoon.In Asia, Vietnamese buyers remaine...Read More
The mainstream press has called the Federal Reserve's recent decision to let inflation run higher amid the pandemic a historic change.For David Collum, a chemistry professor at Cornell University turned investment analyst, it is actually the admission of a long-running trend: the fiat-bubble economy needs ever-lower interest rates to sustain itself.David B. Collum is an economic commentator, chemi...Read More
Is Gold on sale? What about Silver? Should you be buying Platinum? In this exclusive interview, we sit down with Andy Schectman the President of Miles Franklin Precious Metals Investments to find out what he is buying and why. This is another comprehensive interview that conveys the importance of using ratios to increase your precious metals positions. We will address Basil III and the Bank of Int...Read More
SoftBank was only a cog in the huge machinery.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealer...Read More
I'll start off by answering some questions from the comments section of recent videos and then we'll open it up to live questions. Got a question about gold? Buying a house? The next recession? The Fed? My investment strategies? Or maybe my favorite band? (Guns N Roses) ;) If you've got a question, whatever it is...I'm going to give you answer!! In this LIVE Q&A I'm going to help YOU build wealth...Read More
"Trump is going to win, but when Trump wins . . . these people are just going to go crazy and escalate the violence."Kevin Shipp is a former CIA Officer.There is free information and analysis on Kevin Shipp's website called ForTheLoveOfFreedom.net. You can also buy a copy of Shipp's book called "From the Company of Shadows." Read More
You asked and Ron Paul answered. We hope you enjoy another edition of #AskRonPaul!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, perso...Read More
Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning "inflation targeting" where the Fed aims to maintain a price inflation rate of up to two percent. Instead, the Fed will allow inflation to remain above two percent to balance out periods of lower inflation. Powell's announcement is not a radical shift in policy. It is an acknowledgment that the Fed is unlikely to...Read More
For the last few months, the firms of Warren Buffett (Berkshire Hathaway) & Ray Dalio (Bridgewater Associates) have been changing their investment strategies towards more inflation hedges. Buffett has recently increased exposure to energy companies and even a gold miner, Barrick Gold, along with his Japanese company investments that also have mining exposure."It is pretty obvious that with interes...Read More
"What happened in the embassy was weird."Continue...Read More
What's it like getting censored on YouTube? As a content creator, you might be wondering if freedom of speech is right for you. You'll see what it's like having the constitutional amendment called community guidelines trump the constitutional right called freedom of speech.Read More
We have never heard more gibberish, double talk, and lies from one podium than we have from Fed Chairman Powell. There is no other way to say it: The Fed has become a dangerous rogue Continue...Read More
Even though the situation may look hopeless at first, I'm filled with hope. The past is gone, the future is here. Our opportunity now is to reclaim our lives and to make of them what we will.Continue...Read More
These Democratic state governors have been so draconian in suppressing their economies for political purposes. Then they have the audacity to turn around and raise taxes to cover theContinue...Read More
There is no evidence the Fed's "new policy" tool will create inflation, lead to stronger economic growth, or generate better economic equality.Continue...Read More
One would think this would have major repercussions within the organization. But Harrell was not warned or reprimanded by the NBA for his statements.Continue...Read More
A new study out of Princeton University reveals that 48 out of the 50 largest cities in the United States have experienced riots Continue...Read More
The share of young adults living with their parents broke out to new highs. The previous record was set at 48% in 1940, according to Pew data, which was one year into World War II. Continue...Read More
Hope you have all had good August holidays despite the fast materialising Covid-19 second peaks across the world with the United States leading the way by galloping ahead of the rest. Though much of Europe has also taken it's eye off the ball and is fast seeing it's 2nd peaks materialising with the UK managing to fair better largely due to intelligence of it's citizens rather than any actions from...Read More