Steel billet prices in Turkey increased over the past week in response to the rising cost of imported scrap, sources told Fastmarkets on Thursday December 12.Suppliers of material from the Commonwealth of Independent States (CIS) raised their offers for Turkey to $420-425 per tonne cfr this week, up from $410-415 per tonne last week. However, buyers in Turkey prefer domestic billet...Read More
Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc.,...Read More
Peter Schiff on Fox Business 12/11/2019Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New Y...Read More
In addition, players who test positive for opioids, fentanyl, cocaine and synthetic THC will be referred for treatment before they're disciplined.Continue...Read More
"Project Veritas has dozens of insiders inside these companies filming right now."Read More
Stephen Roach, former Morgan Stanley Asia chairman, discusses phase 1 of the trade deal between U.S. and China on CNBC's "Closing Bell."Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced:...Read More
Peter Schiff, CEO of Euro Pacific Capital, talks about the Phase 1 trade deal news, the state of the coming elections and why "government is a cancer" that will eventually consume the U.S.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"We need to break the gridlock that has dominated Parliament for the last three years. We need a functioning working majority."Continue...Read More
"One China deal isn't going to solve our problems with China," said Sen. Marco Rubio. "It may get us through some short-term friction but we have big systemic problem with trade with China."Continue...Read More
The bill "allows indefinite detention of Americans without charge/trial, reauthorizes intelligence agencies without reforms to protect Americans' rights, violates the original budget caps, and makes Continue...Read More
Our guest on SBTV this week is Bill Murphy, the Chairman and Director of the Gold Anti-Trust Action Committee (GATA). Bill is a veteran in the gold and silver industry known for his dogged efforts in calling out market manipulation in the precious metals markets by bullion banks and the government.Discussed in this interview:03:45 Gold and collapse of Long-Term Capital Management08:52 Culprits in...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Prices for steel billet and rebar in Egypt continued to rise in the week ended Thursday December 12 amid moderate demand from the construction sector, sources told Fastmarkets.Egyptian rebar producers were offering rebar at E ?10,000-10,580 ($618-654) per tonne ex-works including 14% VAT.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Egypt,...Read More
China's domestic rebar prices dropped on Thursday December 12 on concerns over high production rates. Eastern China (Shanghai): 3,900-3,930 yuan ($555-559) per tonne, down 30 yuan per tonneNorthern China (Beijing): 3,580-3,600 yuan per tonne, down 60-70 yuan per tonne Domestic rebar output totaled 3.66 million tonnes over the week ended Thursday, up 31,000 tonnes from the preceding week, acco...Read More
Bob Moriarty of 321gold looks at the LREO explorer's drill results at its Canadian project. There is no "right" price for anything, only what the market guesses something should be worth today based on the actions of a willing buyer and a willing seller. That said, my experience is that if you buy cheap and sell dear, you can do quite well. In reality the facts surrounding any investment are not...Read More
Technical analyst Clive Maund charts the longer term picture for silver. Like gold, silver has been in a corrective downtrend following its peak early in September, and it looks like it has further to run before its done, partly of course because we have a downside target for gold in the $1360-$1400 area before it turns up.On the 6-month month we can see how it has been stumbling lower within a d...Read More
Technical analyst Clive Maund looks at recent moves in gold and their correlation to the dollar. Gold barsGold's post breakout reaction back from its early September peak has evolved into a steady downtrend as we can see on its 6-month chart below. The approach of the rising 200-day moving average below suggests that this reactive downtrend will have run its course before much longer leading to a...Read More
The basis of Haywood's investment thesis for this Canadian company is shared in a recent report. In a Nov. 28 research note, analyst Mick Carew reported that Haywood initiated coverage on K92 Mining Inc. (KNT:TSX.V) with a Buy rating and a CA$4.75 per share target price. The current stock price is CA$2.62 per share. "We like K92 as it represents one of the few companies implementing exploration,...Read More
The Trump administration has reached a "phase one" trade deal with China in principle, according to three of CNBC's sources. The deal is still pending approval from President Donald Trump.Continue...Read More