The current upward momentum in pricing in the steel market should continue in the third quarter with support from short supply and solid demand, buoying an already optimistic market, the International Rebar Producers & Exporters Association (Irepas) said on June 4.EuropeRebar prices reached new highs during the second quarter of 2021 on support from long lead times, strong demand and limited impor...Read More
Export offers for Chinese rebar to South Korea have strengthened in the past week on expectations of good demand from the East Asian country.Offers for Chinese rebar produced according to South Korean standards were made at $900 per tonne cfr South Korea on a theoretical weight basis during the week, narrowing upward by $20 per tonne from $880-900 per tonne cfr in the preceding week.Participants i...Read More
Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More
Anthony Fauci is on record in 2012 as saying that the value of knowledge gained from creating a pandemic virus that escapes from a lab would be worth the risk. Now that it seems highly probable that a lab escape did happen, the virologists who met with Fauci in the early moments of the crisis to discuss - well, we don't know what - are now supporting a wall of "It Was of Natural Origin!" articles...Read More
WARNING: Profanity!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 c...Read More
For some time we've been talking about the inevitable arrival of a particular investor to the gold market. Well, they're here. Who are they? Watch today's update with Mike Maloney and Jeff Clark to find out.Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in the...Read More
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denve...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
***Not Financial Advice***Follow me on Twitter for up to the minute charts, analysis and commentary -twitter.com/aaronbasile. DM for trader coaching/education.Follow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https://aaronbasile.wordpress.com Read More
The last two gold bull cycles, culminating in peaks in 1980 and 2011, were both followed by a price correction and then a multi-year consolidating pattern.However, the highs of last year do not indicate a multi-year peak, as gold is still in a long-term bull trend, said Chris Vermeulen, chief market strategist of https://TheTechcnicalTraders.com."We're looking at roughly $2,700, give or take, up t...Read More
The Fed's efforts to create inflation have succeeded beyond their wildest expectations. They've created $4 trillion and their balance sheet is $8 trillion. We had tremendous amounts of helicopter money raising stock prices and home prices. Enhanced unemployment, mortgage and rent forbearance, student loan deferment are all coming to an end. That's the fiscal cliff. The monetary cliff is already ha...Read More
1. Bitcoin is testing the 200-day moving average again. The popular crypto currency is testing its important 200-day moving average again. A weekly close below this key level is very negative and will likely signal a further decline. The may 19, 2021 low at 30,205 is also a critical support level in the near term.2. The major stock indexes are mixed again. The DJIA (DIA) and the S&P 500 Index (SPY...Read More
Tavi Costa says high inflation is coming. Multiple inflationary forces are creating an extremely bullish environment for gold and silver.0:00 Intro?EUR<0:56 Inflationary forces6:14 High inflation10:04 Measuring inflation14:16 How inflation impacts you18:13 Gold/silver updateTavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's ma...Read More
Housing bust is on the way. John's builder had an amazing story to tell. 6-12 months ago he was doing record business. Half of his customers have put their project on hold. He's working just as hard re-pricing projects and passing on the bad news to his buyers. Housing prices have blown through the affordability level and it's quite possibly game over. The price of materials has gone parabolic.Use...Read More
These jabs will eventually all be "approved" for everyone. They are coming for all of us and children are no exception.Continue...Read More
"I do believe in local control. I do believe in state control, but we do have a responsibility to protect the civil rights of students. And if we feel the civil rights are being violated, we will act," Continue...Read More
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, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
It's that time of the month when Bond King Jeff Gundlach regales his subjects, and investors in his DoubleLine, with his latest monthly thoughts revealed in the periodic webcast for this Total Return Fund.Continue...Read More
How do you think the killing of over 200 million people in the last Communist Revolutions and wars was justified? Continue...Read More
Mexican ferrous scrap prices continued to increase during the week ended Friday June 4, with demand for steel and raw materials remaining strong.Some scrap buyers accepted price adjustments to their buying prices for certain grades, with sellers using higher-priced deals to leverage negotiations with buyers who insisted on lower prices. As a result, more deals were reported at higher lev...Read More