Prices for rebar and billet imported into the United Arab Emirates have decreased over the past week, with demand only moderate although some deals were heard, sources said on Tuesday July 30.The lower price for imports was driven by weakening raw material prices.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was $286.65 per tonne on July 30, fallin...Read More
Tangshan, China's steelmaking hub in the northern region, is reportedly loosening up restrictions on the steel sector in August, which resulted in sentiment deteriorating in the market on Tuesday July 30.Domestic Eastern China (Shanghai): 3,920-3,940 yuan ($569-572) per tonne, narrowing downward by 10 yuan per tonneNorthern China (Beijing): 3,830-3,850 yuan per tonne, down 10-20 yuan per tonneChin...Read More
By: Jim Willie CB www.Golden-Jackass.com Hat Trick Letter The widespread profound and recognized global recession, complete with numerous icon corporate failures, will lead the US Federal Reserve to return to unlimited Quantitative Easing with a Zero Percent chaser. The Jackass calls it a return to Infinite QE Forever at the Zero Bound. Not only is the double step of return to QE with...Read More
Stewart Thomson, Graceland Updates 1. Is gold finally due to swoon or can it continue to rally?2. The naysayers point to overbought conditions on the weekly charts, COT reports showing a mammoth short position held by the commercial traders, and the upcoming stock market "crash season".3. The bulls point to a peaking US business cycle, inflationary and growth-destr...Read More
"Follow the trend lines, not the headlines," President Bill Clinton once said. I'm a news junkie myself, but I guarantee you I wouldn't be where I am today had I based every one of my investment decisions on what the talking heads tell me.The headlines might make it feel like our lives are progressively getting worse sometimes, but the trend lines tell a different story. We're living longer, hea...Read More
By: Ira EpsteinWeekly gold charts shows a bullish bias, but daily chart shows a different picture:Read More
Turkish steel producers have left the deep-sea scrap market silent for a second day this week due to slow trading conditions in the summer lull, sources said on Tuesday July 30.The mills booked four deep-sea cargoes last week but stepped away from the market at the end of the week.Some sources said that steel producers in Turkey still needed material for August shipments, however. But they will ke...Read More
Seaborne iron ore prices rose on Tuesday July 30 on news that production restrictions on steelmakers in northern China over August are likely to be relaxed. Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $119.61 per tonne, up $1.62 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $119.53 per tonne, up $1.62 per tonne. Fastmarkets' index for iron ore 6...Read More
What does Facebook's recent announcement of their Libra project mean? And what is the future for the crypto/digital currency space in general? Join Mike Maloney as he gives his synopsis of a must-watch video from Erik Townsend, and emphasizes how important the choices we make in the next few years are. The outcome will be either freedom, or enslavement. Erik Townsend's video: https://www.youtube.c...Read More
TOPICS IN THIS INTERVIEW:01:05 Trump derangement syndrome and the enraged democrats!09:55 Can Trump prevail against his enemies and win 2020?15:55 Deep state agenda and the Space Force boosting the economy23:15 The mainstream media don't want you to know THE TRUTH!29:50 Bringing together truth seekers and how to contact Harley SchlangerHarley Schlanger's work can be found at LaRouchePAC.com.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
Part 1 (part 2 below)"I do think that this is the beginning of the breakout of the consolidation that we've been in for the last several years, but ultimately I think gold's going to go quite a bit higher than $5,000." Part 2Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategi...Read More
Max talks to China expert, Dan Collins, who discusses what to expect from the US trade delegation visit to Beijing. They also look at the rise of China as a rival power to the US with the new military bases and the rumors of a new port city being built in the Pakistani state of Balochistan, across the Gulf from Saudi Arabia. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Rep...Read More
"This is the beginning of a series of rate cuts and dollar devaluation."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...Read More
Yes, the harassment travelers in American airports are forced to undergo for security, or, as some people call it, "security theater," can become worse. Travelers already Continue...Read More
Amazingly, the audit showed the Fed started the loans in December 2007 - long before the public knew there was a dangerous financial crisis - and it lasted until at least July 2010.Continue...Read More
Let's dive right into why lowering interest rates at this point in the cycle will not provide much of a boost to the faltering global economy and may not be much help Continue...Read More
Opponents of the research say it could lead to scientists creating a creature that is part animal, part person.Continue...Read More
"I think that China will probably say, 'let's wait...When I win, like almost immediately, they're all going to sign deals."Continue...Read More