 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 4 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 11 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 11 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 11 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
Chinese Mining Operations in Tajikistan Spark Environmental Backlash
Chinese mining and agricultural companies…
Merger Mania Hits the Mining Sector
Rising demand for raw materials…
Aluminum Prices Face Downward Pressure as Tariffs Influence Market Trends
U.S. tariffs on Mexican aluminum…
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44 Million People Driven Into Poverty by Rising Food Prices
Rising food prices have driven an estimated 44 million people into poverty in developing countries since last June as food costs continue to rise to near 2008 levels, according to…
Libyan Unrest Causes Commodity Prices to Skyrocket
As political turmoil and violent social unrest continue to plague Libya, a massive economic mushroom cloud has emerged in the form of unprecedented upward price momentum across the broad spectrum…
A Buying Opportunity is Setting Up for the Ags
In January, I wimped out of my hefty long position in the grain ETF (JJG), hoping to sidestep a potential sell off going into a dreaded US Department of Agriculture…
A Look Behind Rising Food Prices: Population Growth; Rising Oil Prices; Weather Events
Rising food prices, crowned by a recent record high spike and chronicled in the graph below, have played a role in triggering the spread of unrest that we’ve witnessed recently…
The Population Bomb Echoes
Pack your portfolios with agricultural plays like Potash (POT), Mosaic (MOS), and Agrium (AGU) if Dr. Paul Ehrlich is just partially right about the impending collapse in the world’s food…
Gold and Silver are Not Exhibiting Anything Remotely Like Bubble Behavior
Precious metals have certainly caught a lot of attention in the past year or so. Whether it has been related to the ongoing Euro crisis, consistent/persistent inflation expectations throughout the…
Why Commodities are Being Driven by Inflation and Supply Worries
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,…
Despite High Prices - There is no Bubble in Commodities
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…
Rare Earth Deficiencies, Diagnosis... An Emergency Treatment Plan
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…
Beware the Coming Collapse of Gold
Last year’s sure thing is rapidly turning into this year’s sure loser. After bringing in a torrid 29% return in 2010, the barbarous relic has only managed a flaccid 7%…
Water, Not Oil Could Soon Become the World’s Greatest catalyst for Conflict
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,…
Gold Coins and 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…
Can We Blame Bernanke for the Rise in Food and Commodity Prices?
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…
All That is Gold Does Not Glitter
In the wake of gold’s panic inducing $30, one day sell off on Friday, players across the hedge fund universe are reassessing their relationship with the barbarous relic. What started…
Russia in Joint Venture With Mongolia to Develop Uranium Resource
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…
2011 Commodities Trading Forecast
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…
Gold Mining Boom Increasing Mercury Pollution Risk
In order to maximize gold extraction, mercury is often used to amalgamate with the metal. The gold is then produced by boiling away the mercury from the amalgam, a process…
A Perfect Storm is Settling Up for the Grains
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…
Food Prices 18.5% Higher than a Year Ago
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…
Why Commodity Prices are Surging
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…
