Stainless steel prices in Europe are unchanged this week but continuing competition among sellers means further losses are expected to be seen by January. "Competition is still hard and tough and what's threatening us is another drop in prices for Jan. This is almost a certainty," one distributor said. "Trading stainless [steel] is not fun anymore. We're trying to get rid of old stock so we can re...Read More
Austenitic alloy steel scrap prices in the UK market decreased further this week - low demand from stainless steel mills remains the dominant factor in the market. Fastmarkets MB assessed the price of grade-316 scrap solids at ?1,200-1,230 ($1,530-1,619) per tonne delivered, down from ?1,220-1,300 a week earlier, while the price of 18/8 scrap solids fell to ?770-800 per tonne from ?780-830 per...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday December 7:Aluminium ingotDuty paid delivered works...Read More
Import prices for containerized ferrous scrap in Taiwan and bulk ferrous scrap in Vietnam dropped again this week, after suppliers reduced their offers further and demand remained weak amid soft downstream long steel markets. Lower offers from Japan also continued to depress prices in the Asian scrap markets, sources told Fastmarkets. Vietnam Fastmarkets' import price assessment for heavy melting...Read More
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click here to buy tickets to see tommy sotomayor perform live in Houston TX Dec 15 2018 https://www.eventbrite.com/e/tommy-so...buy New SotoShirts https://teespring.com/stores/sotonationclick here to donate for crispy cash https://streamlabs.com/tommysotomayor...please donate and show love https://www.sotomayorent.com/sotofund...donate at http://www.paypal.me/tommysotomayorDonate To Team RED: http...Read More
There is a bright side to recent market carnage even though it doesn't feel like that right now.But if your investment portfolio has some cash on the sidelines, here lies the opportunity.While putting your money to work in these volatile times of sharp market declines seems to require nerves of steel, take comfort in history. Look back to the 2008 crisis, and zero in on those high-quality stocks t...Read More
I recommended shorting MTN to my Short Seller's Journal subscribers in my December 2nd issue. While I expect MTN to lose at least $200 over time, I did not expect nearly 25% of that price-decline expectation to occur in 5 trading days after I presented the idea.After I sent out my newsletter last Sunday, a subscriber sent me a link to a Motley Fool article titled, "Why You're Smart To Buy Vail R...Read More
Bob Moriarty ArchivesDec 8, 2018Regular readers of 321gold are well aware that I am a contrarian. As Rick Rule likes to repeat, if you aren’t a contrarian, you are a victim. On January 26th of this year, using nothing more than theDSIinformation, I predicted that12 commodities would be making a turn. There was no magic to it; I just used information available to anyone at all. If they had ac...Read More
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 Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
Yesterday, in the first part of our discussion, Doug Casey told us why this megatrend needs to be on your radar today. Below, we pick up where we left off and talk about what thisContinue...Read More
The CFO of the Clinton Foundation, thinking he was "meeting an old professional acquaintance," admitted to investigators that the charity had widespread problems Continue...Read More
The recent stock-marketselloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of aquick rebound higher is strangling euphoric sentiment, spawningself-reinforcing selling pressure. Scoffedat a few months ago, the notions that a young bear market is underway and arecession looms are gaining traction. The great beneficiary of this ominou...Read More
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GoldSeek Radio's Chris Waltzek talks to Harry S Dent Jr http://www.harrydent.com/http://www.goldseek.com/http://radio.goldseek.com/Read More
ROSS BEATY ??"? Anyone who has invested in gold equities should do very well in the next few years#financialnews, #stockmarketnewstoday, #economicreportRead More
NPR article:https://www.npr.org/sections/money/20...The History Channelhttps://www.history.com/this-day-in-h...Read More