"We're no longer in the eye [of the hurricane]. I think we're going into the trailing edge now."George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 em...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
Miles Franklin CEO Andy Schectman returns to Liberty and Finance to offer an update on the current state of the gold & silver retail markets in this US presidential inauguration week. Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
Since the invention of language, writers have fought to win the freedom to WRITE without interference. In the process, they've been arrested, charged,Continue...Read More
Be prepared to be bombarded with mask requirements, even more than you are now. But how will the government enforce these measures?Continue...Read More
The market will come to a decision probably in Feb/March about just how crazy Biden will get. The greatest Continue...Read More
The idea that "bitcoin is its own asset class" and should therefore be judged basedContinue...Read More
High margin balances tend to precede epic stock market sell-offs, as annotated in the chart above.Continue...Read More
Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smi...Read More
No new wars were started while Donald Trump was president for the past four years but Joe Biden already seems to be willing to get back to business as usual in the powder keg known as the Middle East.Continue...Read More
In the first sign of confirmation that the current COVID resurgence taking place in northeastern China might be more widespread than the Chinese Continue...Read More
"We are deeply disturbed that one of President Biden's first actions in office has been to rescind the presidential permit for the Keystone XL pipeline border crossing. This is a gut punch for the Canadian and Alberta economies. Continue...Read More
It's one thing for Trump to be stabbed by Democrats. That's expected. It's another for Republicans to get their last licks, to Continue...Read More
Domestic prices for hot-rolled coil in Northern Europe were down slightly on Friday January 22, due to slow trading activity, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?711.25 ($863.64) per tonne on Friday January 22, down by ?,?1.75 per tonne from ?,?713.00 per tonne on Thursday January 21.The index was down ?,?...Read More
Poland's rebar producers closed their February rebar sales at increased prices and are now trying to push through new increases but buyers are resisting, claiming that demand is not enough to support it, sources told Fastmarkets on Friday January 22.Fastmarkets' weekly price assessment of steel reinforcing bar (rebar), domestic, exw Poland was set at 2,950-3,000 zloty ($790-803) per tonne on Frida...Read More
Crude steel output in Germany increased by 10.7% year on year in December 2020, marking the third consecutive month of growth, German steel federation WV Stahl said on Friday January 22. In the last month of 2020, German crude steel production totaled 3.14 million tonnes, up from 2.84 million tonnes in the corresponding period of 2019. Steel output from German basic oxygen furnaces (BOFs), which i...Read More
A summary of the 2020 fourth-quarter (October-December) operational results for Russia's largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States.In brief In the fourth quarter, sales to the domestic market dropped to 2.58 million tonnes, down 7% from 2.77 million tonnes in the previous quarter amid lower steel product sales in Russia. Flat steel sal...Read More
Buyers of steel scrap in global markets were holding back from purchasing new cargoes in the week to Friday January 22, amid a sharp decline in prices and with more material being offered, and were hoping to re-enter the markets only after they have hit a bottom.Turkish import prices slump following fresh dealsUS sales to Turkey, Bangladesh show weaker pricesLower offers from Japan keep Vietnam bu...Read More
The price range for UK-origin light iron has widened downward in the week ending Friday January 22, with the lower end of the range falling because weaker export prices into traditional markets have put pressure on domestic prices in Britain, trade sources said.This downward pressure was mitigated, however, by relatively tight supplies coming into yards, as a result of reduced arisings from the au...Read More
The price of shredded steel scrap imported into India and Pakistan plunged by more than $50 per tonne on Friday January 22, following a sharp correction in the international scrap market, sources told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India at $430.83 per tonne on Friday, down from $480.38 per tonne a week earlier.There wer...Read More