 |
Louisiana Light • 4 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 30 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.102 | -0.019 | -0.89% |
|
Bonny Light • 3 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 3 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 4 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 3 days | 59.71 | -1.90 | -3.08% | ||
|
Light Sour Blend • 3 days | 63.56 | -1.90 | -2.90% | ||
|
Syncrude Sweet Premium • 3 days | 68.16 | -1.90 | -2.71% | ||
|
Central Alberta • 3 days | 61.71 | -1.90 | -2.99% |
|
Eagle Ford • 4 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 4 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 7 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 5 days | 83.98 | +1.45 | +1.76% |
2.8 Billion Tonnes of Metals Extracted Globally in 2022
2.8 billion tonnes of metals…
Precious Metals Prices Stagnate Amid Global Uncertainties
The Global Precious Metals MMI…
What Caused the Dramatic Drop in Lithium Prices?
The price of battery-grade lithium…
Metals
The Misguided Interpretation of Historical Gold Prices
Gold bears are on the prowl again, having apparently recovered from their 10 year scorching, and it looks like some are launching a new counter-offensive.Exhibit A: The gold chart…
Mis-Judging the Gold Market
Gold is so misunderstood. My colleagues and I often joke about how gold is the "all-weather" investment. When the economy is good, pundits claim gold will rise because of inflation.…
Scorched Earth Finance
One of my favorite journals is Project Finance. Having recently raised $25 million for a mining project, and now looking at a bigger raise for another, it's a subject I…
The Bull Market in Food Is Only Just Starting
I believe that the surge in the price of food we have seen in recent weeks is the beginning of a major, secular, long term trend. During the sixties, new…
I’ll Take Two Lumps, Please
It’s just a matter of time before global buying of the grains spills over into the sugar market. A combination of torrential rains in Brazil, the source of 54% of…
The Skinny on Lithium
Long time readers of this letter know that I have been a huge bull on lithium plays, my pick in the sector, Chile’s Sociedad Quimica Y Minera (SQM), bringing in…
Grain Prices Are Spiking Everywhere
Now the grains are literally on fire. News reports over the weekend of wild fires triggered by historic draught conditions in Russia and the Ukraine, consuming vast swaths of wheat…
Why Water Will Soon Become More Valuable Than Oil
If you think that the upcoming energy shortage is going to be bad, it will pale in comparison to the next water crisis, so investment in fresh water infrastructure is…
How the Lizard Brain Kills Exploration Projects
Exploration is a complex business. Ore bodies are almost never straight-forward. And in most cases the only information the exploration team has about these complex structures is gained from pencil-thin…
Will Gold Coins Suffer the Fate of the $10,000 Bill?
The conspiracy theorists will love this one. Buried deep in the bowels of the 2,000 page health care bill is a new requirement for gold dealers to file Form 1099’s…
US Faces Water Supply Crisis: Study
A new study says climate change will take a “serious toll” on American water supplies in the coming decades, with the group behind the report calling on Congress to pass…
The Importance of Mineralogy
It's been a hectic week of travel through Europe, on behalf of our gold-copper company. I'm sitting in the Crowne Plaza in Bratislava, Slovakia, getting ready for some meetings in…
The Ultra Bull Argument for Gold
I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric…
The Grains Take Off
It turns out that perfection doesn't continue forever, after all. That was the bet I was more than happy to make three weeks ago when I started to buy the…
The Starbucks Mining Model
Starbucks has a great business model. They've essentially created a chain of clearinghouses across the globe. Coffee is the anchor product. It brings a lot of people in the door…
What to do About Gold
Gold, gold, gold. What to do about gold? I get asked this question a dozen times a day, by some who have been long since the current move started more…
This Crop Could Be Your Big Winner This Year
Since the is an absolute dearth of things to do right here, I want to reiterate my call to buy soybean meal (click here for original call). This morning, the…
Gold: A Bubble on the Verge of Bursting?
Gold has marched steadily higher over the past ten years, with only the reasons behind investors’ demand for the yellow metal changing along the way. Looking ahead however, mounting fundamental…
Why Silver Could Outshine Gold
The latest round of risk reduction by global hedge funds bashed silver (SLV), knocking $2.50 off of the $19.50 high seen in the heady days of May. Today we have…
Investment Bankers Excited About Aluminum
Reports from Harbor Intelligence's aluminum outlook conference in Chicago this week suggest that Credit Suisse and Glencore are close to the launch of an exchange-trade fund (ETF) back by physical…
