Chinese rebar prices picked up on Tuesday November 5 despite a dip in trading activity caused by transport curbs put up in conjunction with the China International Import Expo in Shanghai amid gains in the futures market.Eastern China (Shanghai): 3,710-3,740 yuan ($529-533) per tonne, up 40 yuan per tonneNorthern China (Beijing): 3,630-3,660 yuan per tonne, up 10 yuan per tonnesTraffic movements i...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products. Latest transaction: rebar, wire rodRebar East China, domestic, grade III 16-25mm...Read More

In a September report, the World Gold Council (WGC) pointed out that some investors are underexposed to gold. The gist of the study is that investors may assume they have adequate exposure to gold because they're invested in a fund that tracks a broad-based commodity index. The problem with this assumption is that most major commodity indices have a relatively small weighting in gold, and so the...Read More

Keith Weiner, Monetary MetalsNot too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You'd think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes loaded with cargo. At least the people who believe in this have the excu...Read More

- Stefan GleasonAs investors reset their clocks to accord with the end of Daylight Savings Time, they may also need to reset their expectations for future returns. A strong body of research suggests that artificially changing the time twice a year - forward, then backward an hour - does more harm than good. It leads to sleep disruptions, heightened stress, missed appointments, wasted time (...Read More

By: Ira EpsteinGold support around $1480 area if it were to breakdown. Gold fighting resistance with overbought market, serious resistance..Read More

Prices for ferrous scrap in Mexico increased slightly in the northern steelmaking region of Monterrey in the week to Tuesday November 5, while prices were flat in the central steelmaking region of Bajio.Market participants are more optimistic about prices, with indications that scrap prices in the United States could see a modest recovery in November.In Monterrey, word circulated that at least one...Read More

Turkish steel mills stepped back from the deep-sea markets on Tuesday November 5, following the purchase of several cargoes the previous day, sources told Fastmarkets.Yesterday, three newly booked cargoes - two of US origin and one of Baltic Sea origin - ended a week-long hiatus since the previous booking. All three bookings were of similar composition and pricing, with HMS 1&2...Read More

?EUR? "I've Had This Story for Three Years... (ABC) Would Not Put It on The Air" says Good Morning America Breaking News Anchor, and 20/20 Co-Anchor Amy Robach. "It Was Unbelievable... We Had - Clinton, We Had Everything..."?EUR? Robach: "We Had Her Whole Allegations About Prince Andrew...I Got a Little Concerned About Why I Couldn't Get On."?EUR? Amy Robach Describes How She Interviewed a Woman W...Read More

Bridgewater Associates founder and billionaire investor Ray Dalio sits down with CNBC's Leslie Picker to discuss the state of monetary policy in the U.S., income inequality and more.Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential pe...Read More

Would China and Russia really use the "nuclear option" on the US-in other words, dump Treasuries to punish the US and push their countries higher? Such a move would cause a severe spike in US interest rates, crash our stock market, and easily push the economy into recession. It's an extreme scenario, and many analysts believe it would temporarily hurt their own economies, too. But neither is the r...Read More

*This interview was recorded on 10/29/19The parallels between today's economy of unicorn IPOs and the Roaring Twenties just before the Great Crash are easy to miss for those without a knowledge of history. Grant Williams, the experienced financier and co-founder of Real Vision Group, identifies similar trends of extreme monetary policies and social unrest over inequality. He argues the day of reck...Read More

For Part 1 of this interview, CLICK HEREMax continues his conversation with David Morgan of the Morgan Report about de-dollarization, the importance of clearing global trade through the NY Fed, and whether or not gold miners are finally back in a bull market.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show...Read More

The Fed has no choice, once they started cutting rates, they have to continue to cut rates. No doubt there will be a trade deal with China. They're out there looming and the financial markets like these headlines. It sells and that's all that matters. Record highs on Wall Street. It doesn't matter that there's no long term solution, everyone has to wear a happy face. But eventually, real news will...Read More

Liberty has yet to win out over increased security despite the ineffectiveness of each and every such tradeoff to date.Continue...Read More

The reality of the matter is far askew from how pretentious environmentalists present it. In fact, RT reports that avoiding all of the "green" eco-friendly products Continue...Read More

I say these things because: Money is free for those who are creditworthy because the investors who are giving it to them are willing to get back less than they give. More specifically Continue...Read More

Slides and Links: https://www.itmtrading.com/blog/low-r...Question 1. Tom K: We know when bond yields go down principal goes up, and vice versa. When FED and ECB cut rates why doesn't the currency get stronger?Question 2. Vinnie R: can you explain what shadow banking is?Question 3. Mike C: What are your views on India, China and Russia developing an alternative money transfer system to the SWIFT s...Read More

Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More

When David Stockman spoke at our IES conference in October, he had a whole slew of charts that showed that the main street economy had nothing to do with the Wall Street one - and thatContinue...Read More