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 recycle 8,000 tonnes of EV batteries per year when ramped up - making it one of Europe's top p...Read More

All of a sudden it has become a scary time for investors as the Fed is musing about tightening monetary policy. However, it is going to take more than dot plots to cool off the oil price.The Fed cannot stand by the sidelines if it wants to cool inflationAs the debate rages whether inflation will continue its wiiing ways over deflation, the Gold/Silver Ratio has yet to pronounce a clear leader as w...Read More

The price of nickel sulfate in China widened downward in the week to Friday June 18, amid falling nickel prices on the London Metal Exchange, leaving market sentiment cautious, sources told Fastmarkets.Fastmarkets' price assessment for nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, was 33,000-34,000 yuan ($5,102-5,256) per tonne on June 18, down by 500 yuan per tonne (0.7%) from 3...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

Domestic prices for hot-rolled coil in Europe increased in the week to Friday June 18, despite a trading slowdown that resulted from both buyers and sellers holding back from deals.Only a few mills were active in the market and they only had limited volumes on offer, so buyers who needed to re-stock specific material had to accept the higher prices available, sources said.Buyers, in the meantime,...Read More

Buyers are accepting higher prices for hot-rolled coil from European mills, but the number of offers and traded volumes remain limited, sources told Fastmarkets on Monday June 21.German and other Northern European producers were reportedly holding back from making new offers because their order books are good and they prefer to take their time before providing new prices to buyers. The region's st...Read More

Special bar quality (SBQ) steel prices increased in the United States in June on higher mill base prices and increased surcharges while some mills continued to sell forward production for a number of SBQ products to the end of the year, according to market participants.Fastmarkets' assessment for steel bar hot-rolled special bar quality 1-inch round 1000 series (carbon), fob mill US was at $61.50...Read More

Domestic prices for steel rebar in Russia's Central Federal District around Moscow remained firm in the week to June 21 with good demand from construction, sources told Fastmarkets.July rebar offers to traders from local mills ranged from 69,500-71,000 roubles ($954-975) per tonne cpt in the week to June 21, largely unchanged from June offers, sources said.Tula Steel...Read More

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