China's domestic rebar prices gained upward momentum on Wednesday July 14 due to a reduction in steel production in several provinces.DomesticEastern China (Shanghai): 5,180-5,220 yuan ($800-806) per tonne, up by 100-120 yuan per tonneThe China Iron & Steel Association (Cisa) reports that steel production dropped sharply in early July, posting a second consecutive 10-day...Read More
The economy is returning to a 1970s era of higher inflation, potentially reaching double digits, said Mark Skousen, editor-in-chief of Forecasts & Strategies. Speaking to David Lin, anchor for Kitco News, Skousen's comments come as CPI data released Tuesday showed 5.4% annual inflation in June.0:33 - Headline CPI2:00 - Used cars and trucks3:20 - 'Black Swan' events7:17 - Real wages9:35 - Inflation...Read More
0:00 Intro1:09 High premiums4:49 Big money buying gold9:09 Run on the system17:02 Weekly specialWhat do banks know about risks in the current lending environment that ordinary people aren't being told? Despite being fully backstopped by the Fed, major banks (exemplified by Wells Fargo ending their personal lines of credit market)* are drawing in their horns. Are they preparing for a storm? Banks a...Read More
Kathleen Sibelius says unvaccinated Americans should not be allowed to work...Continue...Read More
Shapiro breaks down the obvious problems featured in a viral video clip from a new docuseries that shows a transgender couple and their new baby.Watch the full episode here: https://bit.ly/2TXUnIRRead More
I have been getting a lot of inquiries about offering premium content and as a result I am looking to start up some type of service in the near future whether it be a site with a paywall, interactive and educational courses, or personal coaching. As such, I would really like to hear more feedback in regards to what types of subscription service(s) that people are interested in so I can better dete...Read More
This entire scheme is because they can neither pay off Continue...Read More
?>>?Bear Stearns had similar problems with hedge funds in 2007... JP Morgan warns hedge funds to expect intraday margin calls https://www.risk.net/investing/785322...US bank may demand variation margin 'up to seven' times a day after Archegos default JP Morgan is warning hedge fund clients that it will demand they post more cash at any time during the day if their trades lose value. The biggest US...Read More
Zoophiles believe it's acceptable to be intimate with an animal, and want the LGTBQ+ movement to add a Z to its name. RT spokeContinue...Read More
Police in Paris clashed with protesters railing against President Emmanuel Macron's plan to require a Covid vaccine certificate or negative PCR test to gain entry to bars, restaurants and cinemas from next month.Continue...Read More
China has just announced that it will invest 400 bn dollars in Iran over a period of 25 years in exchange forContinue...Read More
"During the pandemic, a lot of (drug) programs weren't able to operate. Street-level outreach was very difficult. People were very isolated," said Continue...Read More
"Inflation has increased notably and will likely remain elevated in coming months before moderating. Inflation is being temporarily boosted by base effects, as the sharpContinue...Read More
In this video, we sit down with the long time friend and business partner of Billionaire Eric Sprott. The two of them started a gold mining stock company together, and today Blair Naughty discusses exactly what he's learned from the billionaire gold and silver investor. He says Eric told him the sage billionaire advice to "Be Early. Buy Right. Sit Tight." - Today we discuss gold and silver mining...Read More
South African manganese alloys producer Transalloys has declared force majeure after nationwide protests, triggered by the jailing of ex-president Jacob Zuma for failing to appear at a corruption inquiry last week, widened into riots and looting, disrupting its operations.The duration of the force majeure is unclear, with the restoration of full operations dependent on the end of disruptions cause...Read More
The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More
The Critical Investor takes a look at Alianza's drill program at its Haldane project in the Yukon, its recent off-the-charts intercept and more results to come. Mount Haldane, Yukon It has taken Alianza Minerals Ltd. (ANZ:TSX.V: TARSF:OTCQB) a while, but it finally seems to have hit ultra-high grade silver at its Haldane project in the Keno Hill District (Yukon), and this is exactly what managem...Read More
Automotive producers are likely to be the first downstream sector to shift toward using "green steel," Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the Singapore Steel Forum 2021 on Wednesday July 14.He said car producers have consistently been the main innovators among the main manufacturers using steel products. "Major automotive producers such as Merc...Read More
The European Commission (EC) adopted on Wednesday July 14 a package of proposals under the EU Green deal that affect the metals industry, including a Carbon Border Adjustment Mechanism (CBAM).The CBAM will apply to imports into the EU of iron and steel, aluminium, cement, fertilizers and electricity.During a transition period from 2023 to 2025, importers will have to report the emissions embodied...Read More
Major commodity shortages all over the globe arewreaking havoc in the markets...and driving up prices of goods for consumers. Most recently, a widespread shortage in the lumbermarket has generated a great deal of attention due to the impact this shortageis having on the price of home renovations and new home construction. A global shortage of microchips is having a dramaticimpact on the electronic...Read More