China's domestic rebar prices increased further on Monday November 18 amid low inventories, though participants were less optimistic about the market due to softening demand. Eastern China (Shanghai): 3,940-3,970 yuan ($562-566) per tonne, up 70-80 yuan per tonne Northern China (Beijing): 3,720-3,750 yuan per tonne, up 20-30 yuan per tonneLow stock levels in the spot market continued to provide up...Read More

By: Robert LambourneIts statement of account for October shows that the Bank for International Settlements continues actively trading in gold swaps. The BIS uses gold swaps and other gold derivatives to gain access to gold held by commercial banks. Recent swap levels remain much lower than they were in the second half of 2018, although the level of swaps as of October 31, an estimated 186 tonnes...Read More

StrengthsThe best performing metal this week was silver, up 1.02 percent on little news. Gold traders and analysts were mostly bullish on their outlooks for gold next week despite lower prices. Fifty-three percent of respondents were bullish in the weekly Bloomberg survey. Serbia bought nine tonnes of gold in October and the metal now accounts for 10 percent of the nation's foreign reserves. Ser...Read More

Turkish scrap import prices have increased once again on news of a European cargo being sold at the beginning of the week, although mills were still worried about soft demand for finished long steel products, sources said on Monday November 18.A steel mill in the Iskenderun region booked a European cargo, comprising 20,000 tonnes of HMS 1&2 (75:25), 7,500 tonnes of a mixture of HMS 1 and plate and...Read More

Jeff Snider and Erik discuss:Markets grinding to new all-time highs on relief that the recession scare is now over and forgotten.History teaches us it's not over, but widespread complacency that it is typifies this point in the cycleEveryone is assuming that a trade deal will "fix everything". Jeff says that belief is misplaced as well.?>>?Read More

Craig Hemke, founder of TFMetals Report, returns to confirm the admissions and warnings that are leaking out from global banking leaders that we are entering a global financial crisis.Link to Financial Times article on ECB President Christine Lagarde's statements on jobs vs. savingshttps://www.ft.com/content/eb8dae8c-f...Link to The Guardian Article "World economy is sleepwalking into a new financ...Read More

Max talks to Dr. Michael Hudson of michael-hudson.com about repo markets, national debt, China, trade wars, and more.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a sof...Read More

Domestic auto bundle scrap prices in Turkey have increased in line with rising imported scrap values, with local ship scrap prices expected to follow soon, sources said on Monday November 18.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was 1,455-1,640 Turkish lira ($253-286) per tonne on Monday, up from 1,455-1,560 lira per tonne last week.Th...Read More

Protestors in Hong Kong have begun using bows and arrows to fight for their freedom. Continue...Read More

Even though you can't purchase high-capacity magazines in Colorado you can easily get the pieces to build one yourself.Continue...Read More

This is getting ridiculous. Every few days another country blows up, as their citizens take to the streets with little warning and no apparent interest in a quick settlement. Here's the first Continue...Read More

Full Transcript: https://www.moneymetals.com/podcasts/...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 b...Read More

The fear that today's low or negative interest rates render central banks helpless in face of the next economic crisis.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklah...Read More

Looking for leaks? Consider the number of people Trump has in the room when he makes calls as well as the phone itself.Continue...Read More

Jeanine Anez, one of the Bolivian Spanish elite, has declared herself the President of Bolivia. She is one of the elite allied with Washington who accused Evo Morales ofContinue...Read More

Seaborne iron ore prices were rangebound on Monday November 18, as market participants awaited the official announcement for the winter heating season restrictions in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $85.77 per tonne, up $0.73 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $85.80 per tonne, up $0.73 per tonne.62% Fe low-alumina fines, cfr Qingdao: $85.20 per tonne,...Read More

"Even though I did nothing wrong, and don't like giving credibility to this No Due Process Hoax, I like the idea & will, in order to get Congress focused again, strongly consider it!"Continue...Read More

Here we go again. Fresh doubts over a U.S.-China trade deal pushed stocks lower and gold higher on Monday. Continue...Read More

321gold founder Bob Moriarty explains that 'dishonest money' is the #1 problem facing the world today Continue...Read More

Prices in the CIS export slab market continued to rise in the week to Monday November 18 with new bookings in Turkey being made at higher levels.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, was $367-370 per tonne on November 18, up from $340-360 per tonne on Monday last week.Rising costs for raw materials, particularly scrap, and increased finished flat steel pr...Read More