Turkish steel producers stayed out of the deep-sea scrap market on Thursday July 25 and are expected to remain absent until the end of the week, sources told Fastmarkets.Market participants reported "silence" in the market since a steel mill in the Marmara region of Turkey, bought a mixed cargo from the United States...Read More

Seaborne iron ore prices pushed up on Thursday July 25, with firmer spot trades supporting the increases, sources told Fastmarkets. Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $117 per tonne, up $2.03 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $116.92 per tonne, up $2.03 per tonne. Fastmarkets' index for iron ore 62% Fe low alumina fines, cfr...Read More

The CIS export billet market has softened through the past week amid a lack of interest among customers in the major outlet regions, Fastmarkets heard on Thursday July 25.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $415 per tonne on July 25, down by $2 per tonne day on day.Offers of CIS-origin billet from mills and traders were heard around $415-425 per tonne fob Black S...Read More

The headwinds created by political uncertainties, on-and-off trade negotiations and the enactment of tariffs hurt mergers and acquisitions (M&A) activity in the metals sector during the second quarter of this year, according to a quarterly report by consultancy group PwC. While overall deal volume remained relatively consistent with the trailing 12-month average, overall disclosed deal volume decl...Read More

Stefan Gleason, Money MetalsHow low will they go?With the Federal Reserve all but certain to cut interest rates multiple times in the months ahead, central bankers are engaged in a race to the bottom.As negative interest rates expand in Japan and across Europe, as long-term bond yields in the U.S. plummet, and as President Donald Trump continues to talk tough on trade, the Fed has little choice...Read More

* Download MP3RecapIn Part II of the discussion with the founder of Corona Capital Management John Scurci, continues with his perspective on the financial markets. This is not a time for financial complacency notes, amid mountains of national debt on a global basis and central banking intervention on an epic scale. The scope and scale of the impending financial deluge will be incomparable...Read More

Add to stock market bulls' wall of worry a drop in West Coast home prices for the first time in seven years. This is part of a larger trend that saw U.S. home sales down 2.2% compared to a year ago. That's the 16th straight month of annual sales declines, even as mortgage rates have fallen since last October from 4.95% to 3.75%. Some observers profess to be mystified, since the economy appears t...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

For Part 1 of this interview, CLICK HEREMax continues his talk with Chris Martenson of PeakProsperity.com about the global financial and monetary systems. They discuss the return of the bull market in gold.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, a...Read More

Returning SBTV guest, Michael Pento of Pento Portfolio Strategies, believes the nucleus of the next economic crash is the threat of junk bonds. Michael sees a 100% chance of a 25 basis point cut by the Federal Reserve on 31 July.Discussed in this interview:01:33 Update on the yield curve inversion03:46 Fed will inject monetary stimulus07:00 100% chance for Fed rate cut10:34 What would prick the Ev...Read More

At long last silver has started it ascent. Lior Gantz believes that it's only the start. Following in gold's footsteps High quality silver miners, such as First Majestic are starting to take off. Things are starting to get interesting.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 coun...Read More

Jordan Roy-Byrne, Founder of the Daily Gold shares the levels he is watching for the precious metals and GDX. As gold has run out of steam a little bit, silver and GDX have picked up the pace. This very well could be confirming the breakout in gold but nothing moves in a straight line... like silver has over the past three weeks.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of...Read More

Progressive Democrat presidential candidate Tulsi Gabbard, who has long been under fire from mainstream media and establishment voices in her own party for her Continue...Read More

Import prices for stainless steel in East Asia picked up some strength over the past week after a fire broke out at the Indonesia subsidiary of Chinese stainless steelmaker Tsingshan Holding Group, which has been supplying cargoes - often at a discount - to the region.The weekly Fastmarkets import price assessment for stainless steel cold-rolled coil, Asia grade 304 (2mm 2B), cif East Asian port w...Read More

Hate crime hoaxes have become a tried and true American tradition. We can generally count on a spate of high profile hoaxes to mark each seasonContinue...Read More

At his wrap-up press conference in May, Robert Mueller sternly underscored what he called "the central allegation" of the two-year Russia probe. Namely, that the Russian governmentContinue...Read More

The current monetary system is broken, and the economy may be worse before it gets better, said former congressman Ron Paul."It's a system that isn't workable, and this is the reason why getting out of this recession hasn't been so good. We got into it because there was too much spending, too much regulation, too much printing money and too much alteration of interest rates," Paul told Kitco News....Read More

It is clear that some on the fringes of the movement might at some point break with organizational discipline and engage in violence/terrorism as a justification Continue...Read More

Once upon a time, the deficit spending of the U.S. government was thought to be constrained by something called the "debt ceiling". That this notion still holdsContinue...Read More

No high profile case is EVER allowed to go to trial where things the government does not want to be revealed could ever become public. Continue...Read More