Sales at Brazilian steelmaker Companhia Sider??rgica Nacional (CSN) dropped by 12.1% in the second quarter from a year earlier because of weakness in markets both at home and abroad, it said.Its sales volumes totaled 1.16 million tonnes in April-June, down from 1.32 million tonnes in the second quarter of last year, it said in its earnings report on Tuesday July 30. The faltering Brazilian economy...Read More

Domestic prices for hot-rolled coil (HRC) in the EU have inched down over the past week due to slow trading, sources told Fastmarkets on Wednesday July 31.Demand was expected to be almost nil in August due to the seasonal slowdown, and although the market will recover in September, sources believed that generally activity will remain poor.Fastmarkets' weekly price assessment for steel HRC, domesti...Read More

David Stockman appears on "Cavuto: Coast to Coast" (Fox Business Network, July 31, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner...Read More

Will Lehr of www.PerpetualAssets.com interviews Jim Willie of www.Golden-Jackass.comJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More

Marc Faber looks at what the global economy and markets are telling us and the brewing global pension crisis.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham...Read More

"I think that Trump is likely to lose the next election because I think the U.S. economy can easily be in recession."Peter 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, an...Read More

My God, if you're three years old and you're saying you're feeling a certain way or you think you're a boy or a girl or whatever the case may be, I Continue...Read More

Despite the finger-pointing and outcries of dismay from those who are watching the government discard the rule of law at every turn, the question is not whether Continue...Read More

The reality is, the U.S dollar will remain the global reserve currency for longer than anyone expects. In fact, as we head into the next financial crisis, the dollar is going to soar.Continue...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

Trump said to reporters: "I don't want to comment on it."Continue...Read More

"To see those, those monkeys from those African countries-damn them, they're still uncomfortable wearing shoes!"Continue...Read More

"We're thinking of it essentially as a midcycle adjustment to policy," Powell said. He also said that Fed officials "think it will serve all of those goals" that he mentioned.Continue...Read More

The Fed cut rates Wednesday, however, the U.S. dollar rallied which put pressure on goldContinue...Read More

Rick Rule sat down with us at the Sprott Conference. He's extremely upbeat about precious metals and believes we're at the beginning of another bull market. The average such bull lasts for three years and sees advances of 300 percent or more. What will propel this one even further is the discovery of the sector by millennials. Rick believes that their refined research skills, their need to self-va...Read More

Metinvest chief executive officer Yuriy Ryzhenkov discusses with Marina Shulga the challenges the company has overcome and the strategies for its future prosperity.Metinvest, the largest steel producer in Ukraine, has faced the seizing of its assets by rebels, military action right next to its plants, raw material supply interruptions and debt restructuring over the last five years. Over this peri...Read More

David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More

A federal judge has tossed out a lawsuit brought by the Democratic National Committee against a laundry list of defendants they blamed for Continue...Read More

Small businesses on the precipice need only one small shove to go over the edge, and there won't be replacements filling the fast-multiplying empty storefronts.Continue...Read More

The price of domestic mesh-quality wire rod in Northern Europe narrowed this week, while Southern European prices were unchanged ahead of the summer slowdown, sources told Fastmarkets on July 31.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, narrowed downward this week by ?,?5 per tonne to ?,?495-500 ($552-557) per tonne.In...Read More