Strong demand for vanadium as a result of China's revised rebar standard is likely to boost vanadium price momentum again this year, industry speakers said at Fastmarkets' Asian Ferro-Alloys conference in Hong Kong taking place on March 10-11. Global vanadium production is estimated to reach 103,564 tonnes in 2019, up 14% from 90,500 tonnes in 2018, Mark Smith, chief executive officer of Largo Res...Read More
The International Rebar Producers & Exporters Association (Irepas) has delivered a broadly positive short-range outlook for the long steel markets in March, even though prices continue to struggle on lackluster demand, largely because of concerns about protectionist trade measures."The global long steel products market is currently in a positive mood amid good demand worldwide," Irepas said in its...Read More
Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose int...Read More
StrengthsThe best performing metal this week was silver, up 0.87 percent and rallying strong on Friday alongside gold. Gold traders were again split this week on their outlook for gold as U.S.-China trade talks remain in the headlines. The yellow metal advanced the most in two weeks on Friday morning as investors awaited the release of the February jobs report for clues on the health of the econ...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price edged quietly sideways once trading began at 6:00 p.m. EST on Thursday evening in New York -- and that lasted until around 9:20 a.m. China Standard Time on their Friday morning. It began to head higher from there -- and that lasted until shortly before 9:30 a.m. in London. It crept quietly lower from that juncture un...Read More
This is a pair of photographs taken by Keith Weiner, for a high school project. It seemed a fitting picture for the dual nature of money, the dual nature of wood both as logs to be consumed and dimensional lumber to be used to construct buildings.Last week, in Is Capital Creation Beating Capital Consumption, we asked an important question which is not asked nearly often enough. Perhaps that's...Read More
By: Ira EpsteinRead More
The Turkish steel mills have continued to book deep-sea scrap this week, with prices remaining little changed, sources said on Monday March 11.A steel mill in the Izmir region booked a UK cargo on Monday, comprising 25,000 tonnes of HMS 1&2 (80:20) at $320 per tonne cfr.As a result of...Read More
Over the weekend, we were surprised to learn that some readers were prevented by Facebook when attempting to share Zero Hedge articles. Subsequently it emerged that virtually every attempt to share or merely mention an article, including in private messages, would be actively blocked by the world's largest social network, with the explanation that "the link you tried to visit goes against our comm...Read More
The world's central banks are like a bunch of kids playing bumper cars. You control your collisions with one pedal, you can take your foot off the gas to slow down, or you can depress it to speed up. Either way, there's going to be a pile up. Now it looks like the Fed has gotten back into the action and who knows when the fun will stop. Perhaps with a massive power failure like Venezuela. In other...Read More
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More
Jason talks about the US Dollar Index and some analysis from David Brady, CFA who says that the US Dollar Index will not go above 98 as well as many other important news stories.Read More
Scrap prices in Turkey's domestic market have shown mixed dynamics over the past week, sources told Fastmarkets on Monday March 11.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,700-1,820 ($312-334) per tonne delivered on Monday, narrowing upward from the TRY1,650-1,820 per tonne of last week.The slight change in the assessment came after a numbe...Read More
You are probably familiar with the most printed book in the world: the Bible. But you've probably never even heard of the second-most printed book. It's known as theContinue...Read More
The House of Representatives recently passed legislation that would expand the national background check system to require almost everyone selling firearms, including private collectors who supplement their incomes by selling firearms at gun shows, to perform background checks on the potential buyers. The bill has a section purporting to bar creation of a national firearms registry. However, the e...Read More
02:00 Populism and the silent coverage of the global yellow vest revolution06:00 Is the population on the verge of civil unrest?11:35 An out of control money supply with an out of control government20:35 Governments scrambling for gold, what's driving the 21st century gold rush?24:25 The fall of the American empire and the rise of a socialist empire38:55 Bob Moriarty's latest workBob brought 321go...Read More
This was going to be the year when the other big central banks joined the Fed in "normalizing" interest rates and reversing the past decade's QE experiment. Instead, the other Continue...Read More
Iron ore prices continued to fall on Monday March 11, with buyers cautious amid retreats in the futures and swaps markets.MB 62% Fe Iron Ore Index: $83.79 per tonne cfr Qingdao, down $1.98 per tonne. MB 62% Fe Pilbara Blend Fines Index: $83.19 per tonne cfr Qingdao, down $1.98 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $85.66 per tonne cfr Qingdao, down $2.59 per tonne. MB 58% Fe Premium Ind...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"I'm not for impeachment," Pelosi said in a soon-to-be published interview conducted by The Washington Post Magazine.Continue...Read More