Singapore-based rebar buyers bought fresh quantities of Turkish rebar in the week to Monday October 26 on returning spot demand, sources told Fastmarkets.A group of buyers had to purchase 50,000 tonnes of January-shipment Turkish rebar from a producer located in Izmir, sources said, although this could not be directly confirmed by some of the counterparties heard to be involved in the transaction...Read More

Here are five Fastmarkets stories you might have missed on Monday October 26 that are worth another look.Major iron ore miners are racing to boost their output amid recovering demand and ahead of traditional mid-financial year reporting due by December, market sources told Fastmarkets this week.Uncertainty about next year's aluminium fundamentals and consumer hesitance...Read More

0:00 - What's been holding silver back?4:34 - Silver and inflation6:45 - Silver's correlation to gold8:11 - Timeline for $100 silver9:18 - The "fair" gold-silver ratio11:51 - Silver's performance in recessions13:49 - Monetary policy vs industrial demand on silver16:14 - Risks to industrial demand17:45 - Supply and demandGold and silver have always held a close correlation with each other, with sil...Read More

0:00 - Intro0:19 - Takeaways from the New Orleans Investment Conference3:31 - How the US election could impact precious metals7:07 - What should investors do in this market?9:33 - Performance of mining stocks in 202012:19 - Stock picks and other metals Brien likes14:43 - Other trends in mining to watch16:35 - OutroThis interview was filmed on October 22, 2020. Gold is facing near-term uncertainty...Read More

"The problem is that we haven't yet found this balance between three things-public health, normal economic functioning and personal freedoms," Mohamed El-Erian, chief economic advisor at Allianz, told CNBC's "Squawk Box" Monday. "We're going to continue to iterate like this, which means the recovery is not going to be smooth. It's going to have lots of bumps, and there is a material risk in some c...Read More

Domestic auto bundle and ship scrap prices in Turkey have remained stable over the past week despite rising imported scrap values, sources said on Monday October 26.The mills' buy prices for ship scrap remained steady on Monday at $280 per tonne delivered.So Fastmarkets' weekly price assessment for steel scrap, melting scrap from shipbreaking, domestic, delivered Turkey, was $280 per tonne on Mond...Read More

Gordon T. Long joined us for a very insightful look at the markets and precious metals. Gordon is super-bullish on gold and silver. Based upon what's happening in the US and abroad he sees a very bullish movement ahead. Stocks may keep on going up as a result of all the liquidity that the Fed keeps pumping into the market and we will see this strategy continuing onward indefinitely. In the end, th...Read More

Unfortunately, we are going to see this expand to become a requirement to travel. This is all part of a plan to used COVID-19 to prevent civil uprisings as they roll out their plan for the Great Reset.Continue...Read More

This is the agenda that has been set in motion by this fake COVID-19 Pandemic which was instigated by these people and the lockdowns were intended to crush the economy, set Continue...Read More

Major iron ore miners are racing to boost their output amid recovering demand and ahead of traditional mid-financial year reporting due by December, market sources told Fastmarkets this week. "The higher production and shipments from Australian miners over [the fourth quarter] is pretty normal as seen over the years. It is their way of pushing to meet their half-year targets for the financial year...Read More

Right now, the United States is officially $27 trillion in debt. Nearly $7 trillion was added since President Trump took office. This year's budget deficit is projected at Continue...Read More

The Fed says that "price stability" is part of their dual mandate and they are committed to maintaining the purchasing power of the dollar. But the Fed has a funny definition of price stability.Continue...Read More

0:00 - Central banks issuing digital currencies3:47 - Threat to gold?4:27 - Gold confiscationAt a panel hosed by the International Monetary Fund earlier this week, Federal Reserve Chair Jerome Powell said that 80% of central banks around the world are exploring the idea of issuing central bank digital currency (CBDC), although the U.S. Fed has not made a decision to follow suit at this time.Powell...Read More

They KNOW that crushing the economy will cause people to blame the rich and big corporations. That is the essential atmosphere they must create to get people to surrender all their assets and rights.Continue...Read More

Twitter is pulling out all the stops, with just 7 days left until the 2020 election. As if a complete and total coverup of the Hunter Biden story by the mainstream media and big tech wasn't farContinue...Read More

"Our study suggests artificially sweetened beverages may not be a healthy substitute for sugar drinks, and these data provide additional arguments to fuel the current debate on taxes, labeling and Continue...Read More

"The character of the country, in my view, is literally on the ballot. What kind of country are we going to be? Four more years of George, um... George, um..." Continue...Read More

Schwab's call for the reimagining of capitalism, the very system that has lifted billions from abject poverty, should terrify those of you who believe in the value of individual liberty and free markets. Continue...Read More

If we simply average the performance of the past two bull markets and extend the new bull market on that basis, we would expect to see prices peak at $14,000 per ounce by 2026.Continue...Read More

ArcelorMittal has restarted the No3 blast furnace at its Tubar??o facility in Brazil's southeastern Esp?-rito Santo state, on Sunday October 25, the company announced.The equipment has an output capacity of 2.8 million tonnes per year of crude steel and has been halted since April because of the adverse economic situation from the impact of the Covid-19 pandemic."The decision aims to supply client...Read More