Buyers of steel rebar and billet market in the United Arab Emirates expected prices to decrease this week, with trading activity being very low, although producers kept their prices unchanged, sources told Fastmarkets on Tuesday February 2.Importers of billet and rebar also preferred to wait, because import prices usually follow price changes in domestic rebar, sources added.Domestic rebarThe coun...Read More
Export prices for billet originating from the Commonwealth of Independent States (CIS) continued moving down on Tuesday February 2, with mills making concessions to win sales.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS was calculated at $541 per tonne on Tuesday, down from $546 per tonne on Monday.This week, a 30,000-tonne cargo from Ukraine was sold to Qatar at $580 per...Read More
The price of silver?EUR< is down big on Tuesday, despite record demand for virtually every form of available silver. As a result, investors are wondering why the price is lower.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 19...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More
*This interview was recorded on January 20thCommodities Guru Jim Rogers shares his views on bullion as an investment option, on global commodities markets, the dollar and emerging marketsJim 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 all time. Rogers h...Read More
Was that it for the 'Silver Squeeze'? Join Mike Maloney & Jeff Clark as they examine the latest market action and report on some potentially big movements made by options traders.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment...Read More
The silver price dropped 10% on Tuesday as the CME raised margin requirements for silver contracts.Peter Hug, global trading director of Kitco Metals, said that the silver squeeze attempt has now "backfired" as bullion inventories have run dry as a result, and with premiums up and few physical products to sell, it is now even more difficult for retail investors to push the price up.Peter Hug has b...Read More
We are joined on Metal Money by Gary Wagner, CEO of TheGoldForecast.com. Gary warned of the death cross in gold and silver back in November 2020. We ask Gary Wagner about the golden cross in silver appearing before the #silversqueeze?EUR< was a hashtag.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futu...Read More
In this episode of the Keiser Report, Max and Stacy look at the official and 'authoritative' voices permitted to be published that are now warning of the high economic and life expectancy cost to lockdown measures. In the second half, Max interviews Egon von Greyerz of GoldSwitzerland.com about the impossibility of price discovery because of the paper gold market in which $70 trillion is traded ev...Read More
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More
First they came for Gamestop, next AMC and finally silver. Is $1000 silver even possible?The big guys are allowed to buy and sell but the Robinhooders not so fast.Robinhood and Melvin Capital get bailed out.Citadel is Robinhood's biggest customer for data. Is this kind of front running legal and should it be allowed.Is the US becoming Venezuela?Will the stock market keep going up because of major...Read More
*This interview was recorded on January 29thJeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of...Read More
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The Department of Homeland Security issued on Wednesday a nationwide terror alert lasting until April 30. The alert warns of potential terrorist attacks from Americans who are "ideologically motivated" and have "objections to the exercise of government authority and the presidential transition, as well as other perceived grievances fueled by false narratives."The language used in this alert sugges...Read More
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Politico reported yesterday that the House Financial Services Committee plans to call Vlad Tenev to testify on February 18. That's the Continue...Read More