India's steel imports have surged,…
Steel producers Nucor and Cliffs…
The mainstream press loves to talk about emerging market demand as a cause of inflation, rising prices and the bull market in commodities. Did emerging markets suddenly begin demanding food,…
High prices do not mean a bubbles. High prices are just high prices. Humans are horrible at best in predicting either the frequency or the magnitude of such moves, yet…
A serious lack of rare earth elements is endemically afflicting the world body politic. It has been brought on by a chronic combination of American short sightedness and Chinese need…
Writing about the 1967 Six Day War in his 2001 memoirs, Israeli Prime Minister Ariel Sharon said that "While the border disputes between Syria and ourselves were of great significance,…
It wouldn’t be fair to say that Bernanke is responsible for all the run-up in global food prices. There are many factors at play. That’s not to say the US…
Russian President Dmitry Medvedev has signed a law on forming a joint venture with Mongolia to develop a large uranium deposit. Medvedev's signature clears the way for creation of the…
This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that…
I bet I’m the only guy you know whose wedding was filmed by the KGB. In the seventies, my friend, the TASS correspondent, Yuri, shot the entire assembled foreign press…
I am busy working on some bigger projects that I can’t write about yet, but I thought I would put up a little scanned in section from today’s WSJ relating…
Paul Krugman explains the main reason for the rising commodity prices: Today, as in 2007-2008, the primary driving force behind rising commodity prices isn’t demand from the United States. It’s…
After my entertaining repast with the head of our nation’s intelligence service, (See: Lunch with the CIA) I had to ask myself this question. During the sixties, new dwarf varieties,…
Rare earth (RE) metals find application in devices inlcuding wind turbines, hybrid and electric cars, LCDs, fuel cells, nuclear reactors and lasers. China controls some 97% of the world supply…
When I was at the New York Hard Asset Investment Conference weeks ago, every hour someone would stop by my table, mention the word “rhodium”, and walk away. My interest…
Most folks think an oil embargo or a running out of supply would be a disaster, some even realize oil could drive nations to war. But there is a much…
In the headlines lately has been news of China's monopoly of rare earth elements (REE), adding to China's growing clout. It would increase their leverage should they choose to reduce…
I've been reviewing several new project opportunities this week, in both minerals and petroleum. It's got me thinking about genius. Good resource companies have some kind of genius. Something the…
Platinum gurus Johnson Matthey published their 2010 Interim Review of the platinum market yesterday. A big event in that part of the mining space. The report was fairly rosy for…
This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that…
China has started (slowly) selling its considerable stockpiles of base metals. The National Development and Reform Commission announced this week it sold just under 96,000 tons of aluminum through public…
Money manager Van Eck Global has launched an exchange-traded fund (ETF) offering investors exposure to a possible bull-run in the value of ‘rare earth’ metals. Such metals are crucial raw…