 |
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 • 7 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 • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 14 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:
How the U.S. Presidential Election Could Influence Precious Metals Prices
Precious metals prices are expected…
Construction Costs Remain Elevated Despite Stabilizing Base Metals
The construction industry battles elevated…
UK Government Invests £2.5 Billion in Sustainable Steel Manufacturing
Tata Steel receives an additional…
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My Sugar Buy Explodes to the Upside
I just got a bill from my dentist, accrued since the sudden onset of my sweet tooth on August 2, and it was an absolute whopper! The good news is…
The Real Gold Story
Interesting report on gold this week from ABN Amro and VM Group. The Gold Mine Cost Report studies operating costs for 89 gold companies running 232 mines around the world.…
A Short Squeeze in Corn May Hit the Market
The US Dept of Agriculture's Friday crop report has left traders carrying short positions in corn (CORN) with a decidedly sickening feeling in the pits of their stomachs. The federal…
Peak Rare Earths is Upon Us
When I first recommended the rare earths miners four months ago, I thought of them as stocks that you put on the back book and forget about, hoping that they…
Growing Hunger for Iron Ore Upends Indian Politics
In the global rush to industrialize, and above all, make steel, the imperative element in manufacturing, iron ore has suddenly become a key element of global economics. As noted below,…
Is Copper the New Red Gold?
Federal detention centers in the San Francisco Bay are a are slowly filling up with a new type of criminals. Illegal immigrants and petty drug dealers are being joined by…
Time to Add some Corn to Your Diet
I have been waiting for a substantial dip in the grains to add to a position in corn, and it is clear from the chart below that we are just…
The Brewing Crisis in Rare Earth Elements
As economists focus on the Sacred GDP number, which must remain positive to maintain the statistical recovery myth, there is another crisis brewing in the world of crucial resources. In…
Silver is Hot, Hot, Hot
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China's Insatiable Appetite for Gold
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Why Gold Seems Unbreakable
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It's Off to the Races at Molycorp
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Is Palladium the New Gold?
When the current outbreak of angst biting at the heels of the markets runs its course, and traders morph back into risk accumulation mode, you can count on palladium outperforming…
BHP Billiton Develops an Appetite for Potash
BHP Billiton’s (BHP) low key, South African CEO, Marius Kloppers, has announced that he is making a hostile takeover bid for Potash (POT) for $39 billion, or $130 a share,…
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…
