Look, we both know how saturated today's headlines are over the geopolitical storm that is the Middle East. Sometimes it's impossible to look away.Whether it's over empty tankers in the Persian Gulf disappearing out of sight and then suddenly emerging with a full load of Iranian crude oil, or a battered oil industry in Venezuela that has been in a deathward spiral for more than a decade.Don't even...Read More

SSR Mining Inc. (NASDAQ: SSRM, TSX: SSRM) is a Canadian-based precious metals producer, with three operations, including the Marigold Mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and the 75%-owned and operated Puna Operations joint-venture in Jujuy, Argentina. We learned from Stacey Pavlova, Manager of Investor Relations for SSR Mining, that the Company has been in exist...Read More

China's hot-rolled coil prices continued to fall on Wednesday August 21 due to thin trading despite gains in the futures market later in the day.DomesticEastern China (Shanghai): 3,690-3,710 yuan ($523-526) per tonne, down 20-30 yuan per tonneNorthern China (Tangshan): 3,700 yuan per tonne, down 20-30 yuan per tonneSpot prices dropped after mills lowered their offers by 30-50 yuan per tonne in res...Read More

Fastmarkets is proposing a discontinuance of its weekly price assessments for long and flat steel products in southern China. Southern China is not a major steel production base, and steel products produced in the region tend to differ in quality compared with those from eastern and northern China, which result in their prices not being used as key benchmarks for the domestic market. Furthermore,...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday August 21 that are worth another look.Swiss trading house Trafigura has begun blending copper concentrates in Malaysia, with small batches of output being offered to the market, Fastmarkets has learned.Zinc premiums in the United States widened upward in the week to Tuesday August 20 despite dampened consumption from stee...Read More

Industrial quality low-carbon wire rod prices in the United States have hit a 19-month low to stand at pre-Section 232 levels, with the cost of imported wire rod also down amid fresh offers for material originating from Mexico, Europe and Asia.Fastmarkets' assessment for steel wire rod (low carbon) industrial quality, fob mill US, fell to $31.50-32.50 per hundredweight ($630-650 per short ton) on...Read More

The price of steel mesh-quality wire rod in the European domestic market was unchanged this week, with trading still heavily subdued because of the seasonal summer slowdown, participants told Fastmarkets on Wednesday August 21.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?485-510 ($538-565) per tonne on Wednesday, unchanged week...Read More

Trading was quiet in the Turkish deep-sea scrap import markets, with most mills not showing any eagerness to buy material, and a few still bidding below the current offer prices, sources said on Wednesday August 21.A number of steel mills were staying out of the scrap import markets because of the weak demand for finished long steel products and billet, so the pressure on scrap prices was increasi...Read More

Seaborne iron ore prices dived further on Wednesday August 21, falling to a level last seen just after Vale's tailings dam accident in Brazil late in January.Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $82.38 per tonne, down by $5.56 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $82.76 per tonne, down by $5.56 per tonne. Fastmarkets' index for i...Read More

By: Ira EpsteinGold nearing its 18-DMA support ~$1,490. Gold hit $1,503, new lower high short-term. Lost overbought momentum:Read More

Stewart Thomson, Graceland Updates 1. More powerful money managers are stepping forward to recommend gold in a negative real rates environment.2. Please click here now. The focus of these elite money managers and analysts is mainly on bullion.3. Many of the more speculative junior miners that trade on the CDNX have yet to participate in this gigantic rally, but that may indica...Read More

China's rebar prices retreated in both the domestic and export markets on Wednesday August 21 on weaker demand. Domestic Eastern China (Shanghai): 3,650-3,680 yuan ($517-521) per tonne, down 50 yuan per tonneNorthern China (Beijing): 3,600-3,630 yuan per tonne, down 10-20 yuan per tonneBuyers cut their procurement rates further during the day amid an early round of decreases in the futures market,...Read More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More

"We're looking at that very seriously, birthright citizenship, where you have a baby on our land, you walk over the border, have a baby - congratulations, the baby is now a U.S. Continue...Read More

Departing Director of National Intelligence Dan Coats sent Congress a letter requesting that several features of the misnamed USA FREEDOM Act be made permanentContinue...Read More

From bankruptcy court to financial independence... Self-made multi-millionaire and author of the new book "Don't Save for Retirement - A Millenial's Guide to Financial Freedom,"?EUR< Daniel Ameduri, returns to Reluctant Preppers to reveal some of the breakthrough principles in his book that can jump-start your transformation to financial freedom.Especially when the economic and financial deck seem...Read More

Links to slides and sources: https://www.itmtrading.com/blog/bonds...Question 1. Preston A: The 2 and 10 year bond inverted today, but briefly. Does it matter that it only stayed inverted a short time? And in general, does the length of a 2/10 inversion make any difference to the length or severity of the coming recession?Question 2. Ken N: what is the best way to Marginalize the USA debt?Question...Read More

"We are dealing with people who are absolutely evil and who would not hesitate to do any immoral or illegal thing if they thought it would advance their agenda and if they knew they would not get caught and not get into trouble."Read More

Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More

"Today I'm proud to announce that I am taking executive action to ensure that our wounded warriors are not saddled with mountains of student debt," Trump said Wednesday. Continue...Read More