Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website. If you are not a Canadian Insider Club Ultra member, join us for access. Lower cost monthly subscriptions are available via Insider Tracking Advantage Ultra on our sister website.1. Unmaski...Read More

More chaos, more panic, and more blood.Watching the Dow Jones drop like a stone over the last two days wasn't nearly as surprising as you might first think.And it certainly shouldn't be to you, either.Keep in mind that the ugly two-day drop this week was preceded by one helluva run three-year run that saw the Dow Jones climb 78% higher.As my colleague Luke Burgess told you recently, the Dow Jones...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

Yesterday, the market sold off 1,000 points based on coronavirus fears, though I think it might have more to do with Bernie "Free Stuff" Sanders being the front-runner for the Democratic primary.Of course, neither of these are the real reason for the sell-off. The reason is that the market got ahead of itself after jumping 30% last year and starting 2020 strong. Pundits give reasons for sell-offs...Read More

Domestic steel rebar prices in Europe were unchanged this week due to a lack of both trading activity and demand, sources told Fastmarkets on Wednesday February 26.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?475-485 per tonne on Wednesday, unchanged week on week.The market was reported to be quiet this week because of public h...Read More

Industrial Metallurgical Holding (IMH) will start maintenance of a blast furnace (BF) at its Tulachermet facility early to reduce rebar supply in March from Tula Steel due to a weak market, the company told Fastmarkets on February 25.Tulachermet, which supplies Tula Steel with pig iron, will stop BF No3 for around a month from late March after previously planning to begin in April. BF No3 has capa...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

Industrial Metallurgical Holding (IMH) will start maintenance of a blast furnace (BF) at its Tulachermet facility early to reduce rebar supply in March from Tula Steel due to a weak market, the company told Fastmarkets on February 25.Tulachermet, which supplies Tula Steel with pig iron, will stop BF No3 for around a month from late March after previously planning to begin in April. BF No3 has capa...Read More

The Turkish steel mills have continued to be largely silent in the deep-sea scrap markets to try to restrict the upward trend in prices, sources said on Wednesday February 26.The mills were very active in the deep-sea scrap markets in the period February 4-24, booking at least 22 cargoes totaling more than 700,000 tonnes. As a result, scrap import prices into Turkey have been climbing since the be...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

The availability of Iranian steel billet was limited in the export markets because of strong domestic demand, Fastmarkets learned on Wednesday February 26.Weakening of the local currency against the US dollar was the reason for the increased domestic demand, with imports being more problematical."Continued devaluation [of the Iranian rial] means that local traders will keep buying to hedge against...Read More

By: Jim Willie CB home: www.Golden-Jackass.com (new website) Subscribe: Hat Trick Letter Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discu...Read More

Clive MaundThe market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term outlook.A full-on "in your face" catalyst for the crash has arrived in the form of the Covid-19 or coronavirus, which has alre...Read More

Craig Hemke, TF MetalsBack in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020.If anything, this isn't complicated. As last year began, the vast majority of analysts and seven-figure Wall Street economists were projecting rate hikes and a 4+% U.S. t...Read More

Steve St. Angelo, SRSrocco Report The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in regards to a global contagion and soon to be the rapid contraction of the JIT - Just In Ti...Read More

Gary Christenson, The Deviant InvestorFrom Charles Nenner: "It's Time to Sell." (January 28, 2020)"Market will go down 40%""We are totally out of stocks.""These bull markets don't stop on a dime.""Small investors are upset if they miss another two or three percent to the upside, while the big investor is afraid they can lose 40% to the downside."Breaking News: The DOW fell 2,500 since February 1...Read More

By: Gary SavageWe don't have the signs of an ultimate bubble top. What kind of behavior would show this? A mini bubble? Gold is anticipating inflation in the years ahead. Gold mining stocks $GDX technical update / baby bull high:http://blog.smartmoneytrackerpremium.com/Read More

China's domestic rebar prices were flat on Wednesday February 26 despite declining futures, with strengthening end-user demand providing support to the market.Eastern China (Shanghai): 3,450-3,480 yuan ($490-495) per tonne, unchanged Northern China (Beijing): 3,380-3,420 yuan per tonne, unchanged With less logistical disruptions and more workers in the transportation sector back at work, demand fo...Read More

To Watch Update #32, CLICK HEREWithin and without China, the coronavirus continues to rage on. A leaked report claims that actual covid-19 cases within China are 52x higher than the 78K reported by authorities. Whether true or not, that estimate comports with the massive heavy-handed response the government has been pursuing there.Outside of China, more cases in more countries are being reported,...Read More

It's estimated that there are over 50 million pensioners?EURoin the United States alone, and like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world.In...Read More