The United States' pig iron import market fell in the latest bookings during the week to Friday June 25, although a rebound may come on the threat of reduced supply from Russia if a proposed export tax is implemented.Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was $645-655 per tonne on Friday, down from $650-665 per tonne a week earlier.One booking of Russia-origin...Read More
Indian domestic prices for secondary steel billet fell by 1,000 rupees ($13) per tonne in the week ended Friday June 25, in line with similar price dips for finished products such as rebar, Fastmarkets has heard.The price of steel billet, domestic, ex-works India, was assessed by Fastmarkets at 41,300-41,500 rupees ($557-559) per tonne on Friday, compared with last week's assessment at 42,300-42,5...Read More
You can submit your questions to [email protected] Visit our website https://www.sprottmoney.com?EUR>?Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His compa...Read More
Rarely before have asset prices been so high when the future outlook is so uncertain. Where are things most likely to head from here? To answer that question, at the recent Wealthion conference earlier this month, we brought together two of the Internet's most respected macro analysts - Stephanie Pomboy and Grant Williams - to hash it all out for us. Grant sees inflation as the bigger danger while...Read More
The British government at first denied there was a confrontation in the Black Sea with Russian naval vessels, then proclaimed they do not recognize that Crimea is Russian; and finally, a BBC reporter, on board the ship, admitted it was "a deliberate move to make a point to Russia." At the risk of a nuclear war? And what exactly is that point, that the Brits can force the U.S. into a war with Russi...Read More
1. Markets have recovered from last week's selloff. All of the major stock indexes have staged a rally this week. The catalyst for the move higher has really been due to the Federal reserve walking back their taper talk. As we know, they are buying $120 billion a month of Mortgage backed securities, U.S. Treasuries and corporate bonds. Volume has been extremely low, the summer doldrums have come e...Read More
Patrick Bet-David Podcast Episode 70. In this short clip Patrick Bet-David, Adam Sosnick and Danielle DiMartino Booth talk about Nassim Taleb's comments on bitcoin being worthless. Watch the full podcast: https://youtu.be/ouD4cnrSqeEDanielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher...Read More
Fed triples its estimated duration of transitory inflation.Republicans have no credibility to criticize government spending and money printing.Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation.Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.Republicans won't put blame on the Fed, because they benefit...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
This preliminary report is provided by the Office of the Director of National Intelligence (ODNI) in response to the provision in Senate Report 116-233, accompanying the IntelligenceContinue...Read More
The overarching ideology of Pentagon officials is larger military budgets and ongoing permanent war posture. Their new war target, explicitly, is domestic "white rage."Continue...Read More
"His last words to me were 'I love you and I will call you in the evening,'" Janice McAfee said. "Those words are not words of somebody who is suicidal." Continue...Read More
The claims that four British Airways pilots died within days of each other after being vaccinated have been a hot topic. BA was then said to have been in crisis talks. Continue...Read More
While many talking heads talk about how the Fed should end QE soon, the Fed's balance sheet here in reality is saying the exact opposite. Up another $38 billion this week, the Fed's balance sheet is now up a whopping $150 billion in just the last 2 weeks and it's up $800 billion since early January 2021! Can the Fed really taper? The Fed is actually trapped: https://twitter.com/TaviCosta/status/.....Read More
What does a rising US Dollar mean?Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she w...Read More
The Commonwealth of Independent States (CIS) export billet market turned quiet at the end of the week to June 25 following news of the Russian government's plan to impose temporary export duties on ferrous and non-ferrous metals sold outside the Eurasian Economic Union (EAEU) from August 1, Fastmarkets heard.Billet is one of the products that will be affected if the government imposes the duties.T...Read More
Two South African brothers who launched a bitcoin business from their bedroom and gathered ?2.5billion in funds have vanished in what is suspected to be the biggest crypto heist in history.Continue...Read More
Congratulations to the people of Sweden who have allowed their country to, ironically and in direct defiance of the "experts," allowed their country to be one of the very first to effectively achieve "Zero COVID."Continue...Read More
Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., for 17 years. Rand has been a vocal advocate for term limits, a ba...Read More
One day after a reckless maneouver by a UK warship sailing just off the Crimea coast nearly started a hot war, Reuters reports that Russia warned Britain on Thursday that it would bomb British naval vesselsContinue...Read More