Preference for Indian rebar has been growing steadily in the key Singapore import market due to the lower offers for such materials, sources told Fastmarkets during the week to Monday June 21. Market participants reported Indian material being offered as low as $750 per tonne cfr Singapore on a theoretical weight basis by traders, which is very close to buyers' preferred purchasing price, a trader...Read More

Here are five Fastmarkets stories you might have missed on Monday June 21 that are worth another look.Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe. The final touches are being made to Fredrikstad's Hydrovolt factory, a joint venture between aluminium producer Norsk Hydro and battery producer Northvolt that will recycl...Read More

Iron ore prices fell across the board on Monday June 21 because limited demand for steel weakened sentiment for the steelmaking raw material, sources said. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $208.15 per tonne, down $10.75 per tonne 62% Fe low-alumina fines, cfr Qingdao: $210.00 per tonne, down $10.24 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $175.53 per tonne, do...Read More

The predominant sentiment regarding the state of the American economy and political landscape amongst pundits and analysts today seems to be one of doom and gloom, says Marin Katusa, investor and author of his new book "The Rise of America: Remaking the World Order."Katusa discusses with Michelle Makori, editor-in-chief for Kitco News, why the doom and gloomers are wrong and are missing the bigger...Read More

0:00 - Intro1:24 - Why Do You Have The Contrarian Approach?3:36 - How Do You Wait For Trends To Develop?11:18 - The Catalyst That's Driving The Markets14:33 - Tech Stocks Playbook21:25 - Forecast For Gold27:42 - Fed's Balance Sheet31:07 - Shifting Towards UBI35:45 - The Great Reset43:14 - Tapering: The Endgame52:29 - Recap53:35 - OutroYou might've heard the saying in investing that you should sell...Read More

The Fed last Wednesday increased its inflation forecast and indicated two rate hikes in 2023. Fed Chairman Jerome Powell said central bankers were considering tapering their massive Covid-era bond purchases. Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss.Mohamed El-Erian is the Chief Economic Adviser o...Read More

Despite the paper price smashes in gold and silver this past week, tens of millions more Dollars worth of physical silver were still bought by the Sprott Physical Silver Trust (PSLV). So the PSLV bought the dip heavily and is almost up to 150 million total ounces of physical silver in the vault. An enormous increase since the silver short squeeze started back in February 2021. Commit to tipping us...Read More

Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.Some Fed board members are forecasting a rate increase by late 2022 or 2023, though with the rate still not reaching one percent. The Fed will neither...Read More

1. Bitcoin falls again, tests critical support. Bitcoin is falling again this morning. The catalyst for the weakness is due to China's crackdown on cryptocurrency mining. They have now extended the crackdown to the southwestern province of Sichuan. $COIN $MSTR $GBTC $ETHE2. The major market indexes are rebounding a little to start the week. The close will be important to see as the markets were sh...Read More

"My home town of Evanston, Illinois is having a Juneteenth Parade and a Gay Pride Parade, but is cancelling the 4th of July Parade & Fireworks."Continue...Read More

Almost every tyranny being perpetrated by the U.S. government against the citizenry-purportedly to keep us safe and the nation secure-has come about as a result of some threat manufactured in one way or another by our own government.Continue...Read More

0:00:00 Welcome and context0:01:27 What is your background?0:04:50 What's happening in financial markets at the moment?0:07:25 What is the reflation?0:11:20 What emerging markets are you most focused on?0:13:21 How do you think through the current transition?0:18:44 What are your thoughts on precious metals?0:24:40 Can investors look at gold as an alternative currency?0:28:00 What are your thought...Read More

The buy and hold portfolio is a danger to your retirement's health. the time to get into a dynamically-managed strategy is now.Continue...Read More

I sat with Yahoo Finance's Zack Guzman and talked about bitcoin's sustainability issues, & what made me change my tune about crypto. 00:32 - Bitcoin sustainability issues03:00 - Fixing the Environmental Impact of BTC05:09 - Not owning BTC that is mined unsustainably06:10 - ESG Criteria for businesses07:40 - The impact of other cryptocurrencies08:41 - Ethereum10:21 - DeFi12:37 - Why I'm not into do...Read More

"My whole life I've been pretty regular and I track my period on an app," she said. "When it did start, it was one of - if not the - most painful periods I've ever had, to the point where I felt a bit nauseous."Continue...Read More

On Thursday, Congress finally voted to end the war in Iraq, nearly 20 years after it began. Intermittent combat and even renewed wars were fought using the 2002 Iraq authorization. So, the vote to repeal the Continue...Read More

Tami Burages is pro-vaccine but couldn't stay silent any longer after her 13 year-old nephew died from heart inflammation only three days after his second jab.Continue...Read More

Likely expecting a softball interview on CNN Sunday, Joe Biden's national security advisor surprisingly found himself having to dodge questions about what action will be taken to pressure China Continue...Read More

Quebec Precious Metals Corp. reported that the Depository Trust Company rated its shares as DTC eligible for electronic clearing and settlement in the U.S. Canadian gold exploration company Quebec Precious Metals Corp. (QPM:TSX.V) today announced in a news release that "it has received confirmation from the Depository Trust Company (DTC) that its common shares are now eligible for electronic clea...Read More

Sector expert Michael Ballanger explains how recent statements by the Federal Reserve could prove hazardous to one's wealth. Federal Reserve BuildingIn the past week, precious metals investors, speculators and traders have been forced to apply all kinds of salves, balms and ointments to jangled nerves, rattled resolve and battered net worth statements, all directly the result of an unexpected shi...Read More