A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.Market chatter on this topic has grown increasingly louder, with industry sources in China hearing more and more details about these plans from late January onward."This is likely in line with China...Read More
Steel rebar buyers in Egypt expect prices to increase for March production orders because of rising production costs, sources told Fastmarkets on Thursday, February 18.Demand, however, remains weak because of the limited number of permits being granted for new buildings in the country since the easing of the ban on construction, they added.The cost of steelmaking raw materials from the Commonwealt...Read More
Domestic long steel prices in Turkey have continued to increase with support from rising scrap values, market sources said on Thursday February 18.Turkish steelmakers had resumed their deep-sea scrap bookings on February 10, dragging prices up by more than $22 per tonne on a weekly basis.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $408.69 per tonne on...Read More
Turkish export prices for steel rebar and wire rod have increased over the past week amid rising import costs for scrap and a recovery in demand, market sources said on Thursday February 18.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $605-620 per tonne on Thursday, up from last week's $595-600 per tonne.The steel producers in the countr...Read More
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Has the 'silver squeeze' failed? Are the big boys back in control? And if they are, will the price of silver plunge? Join Mike Maloney and Jeff Clark in this 38 minute 'Chart Special' to get the answers to these questions and more. Make yourself a drink and a snack, get comfortable...we're going deep this evening. Jeff Clark is editor and lead writer of BIG GOLD, the monthly gold-investment newsle...Read More
Since the big silver pullback the metal hasn't been doing much, however the stocks aren't doing much since then either. We're not seeing a big move to over $30 for right now. Platinum has hit $1300. Silver has been holding up better than gold for the past several months. Corrections and consolidations in the past have shown silver has often held up better than the yellow metal. You make the big mo...Read More
SBTV spoke with Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), about the overwhelming leverage in the global gold market. 90% of the gold the investment world thinks it owns doesn't exist! 00:00?EUR< Introduction01:23?EUR< GameStop saga plainly shows market manipulation?03:49?EUR< Can the #silversqueeze?EUR< succeed?07:32?EUR< Why not suppress the price of bitcoi...Read More
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim's...Read More
In this episode of Keiser Report, Max and Stacy look at the worsening shortages in semiconductor chips. In the second half, Max interviews Dan Collins, a businessman and entrepreneur, who had been living in China for twenty years. He discusses the reasons behind the chip shortages and why the U.S. business model has left the country vulnerable.Max Keiser is a former stockbroker and an American bro...Read More
Watch The FULL Podcast Show - http://Youtube.com/TimcastIRL?EUR
Jordan Roy-Byrne joins me for a close look at gold's correction and current test of the November lows. We discuss sentiment levels for gold vs the US markets. As well as the price action to note over the rest of this week around the key $1,770 level.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGo...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 18 that are worth another look.Italian steel distributors' association Assofermet has sent a letter to the European Commission highlighting distortion in the European Union carbon and stainless flat steel market caused by anti-dumping and safeguard measures.Low-carbon aluminium will be part...Read More
In today's update, Mike Maloney and Jeff Clark discuss the insane position that silver ETFs now find themselves in, the unseen effects of President Biden's forthcoming stimulus efforts, USA's descent into a command and control economy, manipulation of precious metals prices and feedback from one of our viewers. Stick around to the end for Mike's 'Meme of the Day' - it's short but sweet. Jeff Clark...Read More
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 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More
From world central banks repatriating their ?EUR
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
Tavi Costa from Crescat Capital explains why silver prices could triple in the next few years. 0:00?EUR< Intro0:36?EUR< Divergence of gold and silver7:31?EUR< Gold/silver ratio could fall to 20/19:58?EUR< Silver could triple14:35?EUR< US dollar and inflation17:57?EUR< The bottom 50%'s wealthRead More
The world was recently mesmerized by the ability of the Bros (short for "brothers"), a crowd of like-minded, mostly male Continue...Read More
The Sprott Physical Silver Trust (PSLV) has been very busy adding a lot more physical silver lately!PSLV now has over 112 million oz of physical silver and almost 20 million oz has been added in under a month! Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC,...Read More