Crude steel output in Italy moved up by 3.17% year on year in November 2020 despite a drop in flat steel production, Italian steel association Federacciai said on December 17.The country's crude steel production amounted to 2.05 million tonnes in November, up from 1.99 million tonnes in the corresponding month of 2019.Flat steel output, meanwhile, dropped by 7.43% year on year to 810,000 tonnes in...Read More
Steel scrap prices have risen again across all major consumer markets over the past week, driven by solid demand and constrained supplies.Turkish import scrap prices hit an eight-year high after new bookings confirmed Recent US export scrap sales shrouded in secrecy Vietnamese scrap prices buoyed by strong Japan market Taiwanese import market hits historical high India prices jump on difficult mar...Read More
Deals for Brazil-origin pig iron boosted the US import pig iron price by 6.8% in the week to Friday December 18. Fastmarkets' price for pig iron, import, cfr Gulf of Mexico, US to $495-520 per tonne on Friday, up from $470-480 per tonne a week earlier. Two deals on pig iron with February and March shipment were done at about $495-500 per tonne early this week. Another Brazil-origin...Read More
Turkish deep-sea scrap import prices continued to increase on Friday December 18, with two fresh shipments coming to light from the previous day, sources told Fastmarkets.Late on Thursday December 17, a steel producer in the northern Turkey booked a Baltic Sea cargo, comprising 13,500 tonnes of HMS 1&2 (80:20) at $450 per tonne, 14,000 tonnes of shredded at $460 per tonne, 3,000 tonnes of bonus al...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim's...Read More
I know, that's impossible and vaccines are the answer. Well, vaccines will probably work, but are months away for widespread distribution. We can actually shut down transmission in....... five days.Yes, that's the science.Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website i...Read More
Harley Schlanger's work can be found at LaRouchePAC.com and The Schiller Institute.Read More
Democrats and Republicans publicly argue and bicker with one another. Outwardly, there is conflict. But when it comes to expanding the power of government in every direction, there couldn't be more harmony between them. The growth of state power and destruction of individual liberty is a bipartisan affair laced with endless lies. Word of another "stimulus" is in the headlines, with the stated inte...Read More
In this latest (12 minute) MAM-Chat, Egon von Greyerz and Matthew Piepenburg follow the trail from debt disasters and corporate bond bubbles to Bitcoin speculation vs. physical gold as the only true instrument of wealth preservation.Egon opens with the omni-important and omni present topic of global debt risk. Such evolving risk, in fact, is what prompted Egon to form Matterhorn Asset Management.M...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Kyle Bass to the show to discuss equity markets, how Joe Biden's presidency will affect oil prices, and why Singapore will be the big winner as Hong Kong loses its independence from China and more.Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on...Read More
These four charts explain why 2021 is going to be a rough ride.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market corr...Read More
A recent headline from Germany reports that as the COVID restrictions are increased yet again, dealers are reporting a run on gold and silver. To find out what's happening, click to watch this week's silver and gold market update with Dave Kranzler now!Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave gr...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
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He i...Read More
"Have a vaccine and a smile. Just do it." "Twitter is censoring any claim that this vaccine might be used to 'control populations,'" Carlson Continue...Read More
This is looking more and more like a deliberate effort to reduce the population and ushering in Communism 3.0.Continue...Read More
There can be little doubt that the monetary, banking and Continue...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
IN THIS WEEKLY MARKEY UPDATE:- Following Window-Dressing End of Nov Selloff:?EUR<- Gold & Silver break out above 50 DMA: What's next?- Stacking Strategy: Wait for a Dip, or Accumulate Ounces When You Can?- Bitcoin All-Time New High! - The New Gold, or Allies as $ Alternatives?- Miles Franklin WEEKLY SPECIAL!!Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More