China's domestic prices rose on Monday September 30 on news that the country's steelmaking hub in the northern region had stepped up its production curbs. Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($529-533) per tonne, up 90-100 yuan per tonneNorthern China (Beijing): 3,600-3,640 yuan per tonne, up 10 yuan per tonneTangshan's local government over the weekend instructed all steel mills u...Read More

StrengthsThe best performing metal this week was palladium, up 2.57 percent as hedge funds increased their bullish positioning to an eight-week high. Gold traders and analysts were split between bullish and bearish on the yellow metal this week in the Bloomberg survey despite the metal's price swings. On Monday, ETFs added 498,162 troy ounces of gold to their holdings, the most in three months...Read More

Keith Weiner, Monetary MetalsWe discuss capital consumption all the time, because it is the megatrend of our era. However, capital consumption is an abstract idea. So let's consider some concrete examples, to help make it clearer.Flipping Homes, Consuming CapitalFirst, let's look at the case of Timothy Housetrader. Tim has a small two-bedroom house. Next door, his neighbor Ian Idjit, owns a fo...Read More

Readers rightfully took me to task last week for putting out two headlines that appeared to at least mildly contradict one other and which taken together could only have left one wanting more clarity. The first said Don't Load Up on Puts Quite Yet; the second, There's Still Time to Load Up on Puts. So which is it? Do we get short here, or not? Well, the answer, like the market itself,...Read More

David HaggithConspiracy theories are like crime novels. You can create an infinite number of them, and all they require is a plausible plot built from real facts with enough twists to keep them interesting. That's why I don't spend my time trying to discern if any of them are true though some may be but now I'm going to write one of my own. I find it completely plausible, fully in line with...Read More

By: Ira EpsteinGold not reacting the way it should to the news last week, 18-week moving average now $1,442.8+Read More

Uncertainty Principle(Dis) EquilibriumInsane IdeasA Tribute to Art Cashin and New YorkI often say a writer is nothing without readers. I am blessed to have some of the world's greatest. Your feedback never fails to inspire and enlighten me.Last week's That Time Keynes Had a Point letter brought many more comments than usual. Apparently Keynes is still provocative 73 years after his death, no m...Read More

Manganese ore producers reduced their offer prices to attract business in the week ended Friday September 27 after buyers either delayed or cut their bids prior to China's week-long National Day holiday (October 1-7). Low demand softens seaborne and port manganese ore markets  Weak buying interest weighs on alloy in China  Alloy sellers in India lower offer prices  Alloy prices in...Read More

Harley Schlanger's work can be found at LaRouchePAC.com.Read More

You don't need to be a supporter of President Trump to be concerned about the efforts to remove him from office. Last week House Speaker Nancy Pelosi announced impeachment proceedings against the President over a phone call made to the President of Ukraine. According to the White House record of the call, the President asked his Ukrainian counterpart to look into whether there is any evidence of U...Read More

Jim Willie discusses the current repo bailout and the hidden trillion dollar a week repo bailout which he claims has been active for since 2017. He also details repercussions of infinite quantitative easing, and how it's the taking the global economy to a financial cliff, and Jim also opens up personally about the demonic attacks taking place in his life. Jim Willie is a statistical analyst in mar...Read More

"I don't believe President Trump is informed. I do not believe the people around him would dare inform him with the truth because they would be afraid of what he might do in reaction. So, information is being withheld from the President, and he has a bunch of treasonous dirt bags basically surrounding him. . . . America is not in a good spot right now nor is the world by extension. . . . I don't s...Read More

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More

"Colleges reap billions from student athletes but block them from earning a single dollar. That's a bankrupt model."Continue...Read More

"The use of certain language, including 'illegal alien' and 'illegals,' with the intent to demean, humiliate, or offend a person or persons constitutes discrimination."Continue...Read More

The U.S.-China trade war has taken yet another turn in the winding saga, this time with the United States allegedly targeting Chinese stock listings on American exchanges. Todd Horwitz of Bubba Trading joins the program to sift through what this could mean for global markets going forward. Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor o...Read More

Last week's failure in the US repo market might have had something to do with Deutsche Bank's disposal of its prime brokerage to BNP, bringing an unwelcome spotlight to the Continue...Read More

""The (JPM) defendants and others allegedly engaged in a massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants..." ?EUR<- US Dept of Justice, FBI's New York Field Office, w/ assistance of the Commodity Futures Trading Commission's Division of Enforcement.After years of whistleblowing by the Gold Antitrust Action Committee (GATA.org...Read More

Signs are now all over Silicon Valley and San Francisco.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 Oklahoma, including a decade as General Manager and COO of a large F...Read More

"Rep. Adam Schiff illegally made up a FAKE & terrible statement, pretended it to be mine as the most important part of my call to the Ukrainian President, and read it aloud to CongressContinue...Read More