The world's data security is desperately in need of an upgrade. This past year's chaos has only put that fact under a spotlight. I lost count of how many multibillion-dollar companies were caught with their pants down after hackers took their data hostage. Experts estimate that hackers have fleeced more than $1 trillion from companies in the past year alone. In the U.S., an entire oil pipeline w...Read More
Details of new investment by Egypt's Ezz Steel, including the possible acquisition of a stake in another steel company, will be disclosed in a timely manner after financial evaluation and legal audit are completed, the company said in a statement to the country's stock exchange on Sunday November 7.There were rumors in the Egyptian steel market that Ezz Steel, the country's biggest steel producer,...Read More
China's daily average crude steel output fell sharply in the last 11 days of October, compared with the preceding 10 days, according to data published by the China Iron & Steel Association (Cisa) on Friday November 5.October 11-31 outputCrude steel: 1.74 million tonnes per day, down 7.43%Finished steel: 1.80 million tpd, down 2.25%...Read More
Turkish steel mills were quiet at the beginning of the week but are expected to book more deep-sea cargoes for December shipment, market participants told Fastmarkets on Monday November 8.The most recent deep-sea trade was recorded at the end of the last week, when a steel mill in the Izmir region booked a Baltic Sea cargo consisting of 11,000 tonnes of heavy melting scrap 1&2...Read More
Seaborne iron ore prices were mostly stable on Monday November 8 amid continuing weak demand from Chinese steel mills, sources told Fastmarkets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.82 per tonne, up $0.68 per tonne62% Fe low-alumina fines, cfr Qingdao: $94.55 per tonne, up $0.47 per tonne58% Fe fines high-grade premium, cfr Qingdao: $65.68 per tonne, down $0.10 per tonne65% Fe...Read More
Seaborne iron ore concentrate and pellet prices fell during the week to Friday November 5 amid weaker demand from Chinese steel mills, sources told Fastmarkets.Fastmarkets iron ore indicesPellet premium over 65% Fe fines, cfr China: $55.70 per tonne, up by $8.60 per tonne66% Fe concentrate, cfr Qingdao: $117.73 per tonne, down by $19.75 per tonne65% Fe blast furnace pellet, cfr Qingdao: $169.69 pe...Read More
The export market for steel slab from the Commonwealth of Independent States (CIS) region was quiet in the week to Monday November 8.Mills mainly held back from placing new offers, preferring to assess the market conditions, so no fresh deals were heard done.Meanwhile, the situation in the global market was mixed.In Europe, plate producers, which are the main consumers of CIS-origin slab in the re...Read More
Brazilian steel slab export prices remained stable in the week ended Friday November 5, with no fresh deals heard and negotiations for January shipments still proceeding at a slow pace.Fastmarkets' weekly price assessment for steel slab, export, fob main port Brazil, was $730-740 per tonne on Friday, unchanged from the previous week.The higher end of the assessment corresponded to prices in the...Read More
The LaRouche Organization, Released on 11/8/21While western nations, led by the U.S., the U.K. and the European Union, are hurtling toward a systemic collapse, driven by commitment to a Green New Deal and the Great Reset, many other nations are moving in a different direction. Led by China, Russia, India and many Asian and African nations, they are rejecting the demand for an immediate, drastic "c...Read More
TradersChoice.net, Released on 11/8/21Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Cor...Read More
Wall St. For Main St., Released on 11/8/21Last week the Fed announced a $15 billion per month taper. But it is not meaningful, especially when politicians in DC plan on spending many trillions more. And if the Fed attempts rate hikes it can crash the entire system. Fed to start tapering bond purchases later this month as it begins pulling back on pandemic aid https://www.cnbc.com/2021/11/03/fed-d....Read More
Brownstone Institute, Released on 11/8/21This question should be answered easily, yet here you are, reading this. First, let us agree to theContinue... The Cause of Myocarditis: COVID19 or COVID19 Vaccination? added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Ron Paul, Institute for Peace and Prosperity, Released on 11/8/21The Biden vaccine mandate appears to be falling apart before it's even in place. From first responders to truck drivers to everyone in-between, the message is clear: many thousands are willing to be fired from their jobs rather than be forced to take a medical procedure they do not want.They have leverage and they are using it. We sh...Read More
Armstrong Economics, Released on 11/8/21Biden has no idea what is really going on and calling it his Build Back Better agenda as if he Continue... Martin Armstrong 'The United States is now being run by a foreign organization' added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Pento Portfolio Strategies (via Dollar Collapse), Released on 11/8/21Stagflation is undermining the U.S. economy, and that poses a huge problem for Mr. Powell and his merry band of money printers.Continue... Michael Pento: Interest Rate Normalization Is Impossible added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Dollar Collapse, Released on 11/7/21The Wall Street Journal just published a long, amazing look at what might be the tightest labor market in living memory. Here's an excerpt:Continue... Rubino: More Tales From The Tightest Labor Market In Living Memory added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 11/8/21Karine Jean-Pierre says "everything's on the table" regarding mandatory vaccine for domestic travel. Dr. Leana Wen is pushing this behind the scenes.Continue... Mandatory Vaccination for air travel is coming added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Zero Hedge, Released on 11/8/21The move would cost tens of thousands of US jobs, billions of dollars in economic activity, and further exacerbate energy shortages and price increases Continue... Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Fox News, Released on 11/5/21Fox News' Brian Kilmeade speaks to UFC president Dana White about his success despite the pandemic and calls for a return to normalcy.Dana White destroys vaccine Nazis added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More
Kitco, Released on 11/8/21Metals traders have turned their focus from the bearish aspects that have arisen after the Fed meeting last weekContinue... Gold price powers to 2-month high on inflation concerns added by Herman James on 11/08/2021View all posts by Herman James ?+'Read More