Here are five Fastmarkets MB stories you might have missed on Friday January 31 that are worth another look. Imports of hot-rolled stainless steel sheet and coil from China, Taiwan and Indonesia now need to be registered on entering the European Union and could be subject to retroactive duties later in the year.The supply-demand dynamics in the global copper market were likely to turn into a defic...Read More
- Gary Tanashian, NFTRHNote: The following is a TA post. It tries not to focus on fundamentals or the negative potential sentiment setup that could develop when Coronavirus relief finally spreads across the land. It's the short and long-term TA of it, as it stands now.I found this comment response to the GoldSeek version of my article on the long-term gold Commitments of Traders situation...Read More
Dave KranzlerThe "narrative" architects and fairytale spinners are desperately looking for evidence to fit their "consumer is still healthy / economy still fine" propaganda. The hype over strong holiday sales was premature if not fraudulent, as data-manipulators appear to have taken the growth in online holiday sales and projected it across the entire retail sales spectrum. I guess they overlook...Read More
By: Ira EpsteinGold pushing upper band of Bollinger band on monthly gold chart. There is nothing bearish on the chart, 18-month moving average now bullish, over the 100-month moving average. Weekly gold chart trying to break above the 1613.30 highs from missile day - swing lines. The uptrend in gold continues..Read More
Missing the YenBuy, Hold, PrayPassive Investing by the NumbersFloating AimlesslyDallas and New YorkRegular readers know I often criticize so-called "experts," usually economists or central bankers whose flawed decisions are punishing the rest of us. I find their expertise is not nearly as reliable as they seem to think.At the same time, I rely on experts whose judgment I respect. I know they a...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
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
While CNBC and the Wall Street media often talk about the incredible US recovery we're all supposedly witnessing, is that actually reflective of reality? Or do the economic numbers created by the #government distort the truth and what's actually going?John Williams of Shadow Stats calculates that if we just used the same formula that the government used to use, before tweaking how it calculates th...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
The top trends forecaster shares his thoughts on why protests in many nations throughout the globe are a driver in central banks continual printing of a massive amount of money. Gerald also weighs in on the coronavirus situation, the U.S. strike on Iran earlier this month, and why he believes gold may hit a new all-time high as soon as this year.Gerald Celente is a pioneer trend strategist and fou...Read More
Investment Guru Jim Rogers on his expectations from India's Budget 2020, says "PM Modi always says that he is going to balance the budget but he never does it. India is only increasing debts every year."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of al...Read More
This map allows you to see in real-time where the latest cases of coronavirus are confirmed around the world. Continue...Read More
At this year's VRIC, INN sat down with Brien Lundin of the Gold Newsletter to ask him about the current state of the precious metals market.Read More
European steel association Eurofer forecasts a modest recovery in apparent steel consumption in 2020, with risks relating to import volumes, Eurofer said on January 30."2019 was another challenging year for the steel sector, with declines in steel consumption and import levels, which - while down compared to 2018 - were still very high compared to historical levels," director general of Eurofer, A...Read More
Heavy rainfall in the Brazilian southeastern state of Minas Gerais has caused interruptions for some railway operators transporting iron ore for exports, but the impact has been minimal, companies told Fastmarkets on Wednesday January 29.January 2020 has had the highest rainfall rate in 110 years, the Minas Gerais' state governor office said on Wednesday. Vale, the world's largest iron ore pr...Read More
The Wuhan coronavirus will likely influence fundamentals in China's steel market and Chinese export trends in the near future, sources told Fastmarkets this week.Industry sources have sketched out a number of scenarios that may happen, especially if the situation becomes drawn out and restrictions on travel and transportation persist into the foreseeable future."If logistical restrictions continue...Read More
- Gary Tanashian, NFTRHNote: The following is a TA post. It tries not to focus on fundamentals or the negative potential sentiment setup that could develop when Coronavirus relief finally spreads across the land. It's the short and long-term TA of it, as it stands now.I found this comment response to the GoldSeek version of my article on the long-term gold Commitments of Traders situation...Read More
Dave KranzlerThe "narrative" architects and fairytale spinners are desperately looking for evidence to fit their "consumer is still healthy / economy still fine" propaganda. The hype over strong holiday sales was premature if not fraudulent, as data-manipulators appear to have taken the growth in online holiday sales and projected it across the entire retail sales spectrum. I guess they overlook...Read More
By: Ira EpsteinGold pushing upper band of Bollinger band on monthly gold chart. There is nothing bearish on the chart, 18-month moving average now bullish, over the 100-month moving average. Weekly gold chart trying to break above the 1613.30 highs from missile day - swing lines. The uptrend in gold continues..Read More
Missing the YenBuy, Hold, PrayPassive Investing by the NumbersFloating AimlesslyDallas and New YorkRegular readers know I often criticize so-called "experts," usually economists or central bankers whose flawed decisions are punishing the rest of us. I find their expertise is not nearly as reliable as they seem to think.At the same time, I rely on experts whose judgment I respect. I know they a...Read More