“You get an idea of the fortunes that were to be made when that mine came into production, not just for everyone involved in the company, but also for the locals and indeed for the country. Unfortunately, that country was Ecuador.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – [...]
Tags: aru, aurelian resources, commodities trading, commodity, Dominic Frisby, equador, fruta del norte, Gold, mining concession, Moneyweek, toronto
“The Bush administration is currently disputing the International Monetary Fund’s claim that increased production of biofuels, namely ethanol, is the biggest factor in rising food prices.” — Jason Simpkins
by Jason Simpkins, Money Morning
Baltimore — (TFN): U.S. consumer prices rose less than forecast in the month of April, assuaging some inflation fears, but food prices experienced [...]
“Most people are concerned about the rising costs of commodities. Investors and fund managers are always asking me if this is a commodities bubble and when it will burst.” — Kevin Kerr
by Kevin Kerr
Baltimore – (TFN): It seems everywhere I go, people want to learn more about [...]
"Lee seems to have the golden touch. Despite all the talking heads in the world predicting a top to commodity prices, he just keeps finding new ways to make money." — Steve McDonald
by Steve McDonald, TodaysFinancialNews.com
Baltimore — (TFN): The following was taken from the Under the Microscope video on TFN. Watch [...]
Baltimore — (TFN): No portfolio is complete without some exposure to oil, sugar, corn and the other consumables that make up the mercantile exchange. If nothing else, it will allow you to get in on the huge moves in the energy sector.
Click here to watch the financial video and find out more.
****Make sure you sign [...]
“On April 1, 2008, I landed in the second-largest rice-exporting nation in the world. This wasn’t always the case, though.” — Sara Nunnally
by Sara Nunnally
Baltimore – (TFN): Vietnam’s rice industry came out of nowhere. The Economist has a neat article titled, “From Basket Case to Rice Basket” that you [...]
“There’s something very simple and compelling about the number 1,000. That’s how many coal-fired plants are scheduled to be built in the next five years, many of them in China and India.” — Andrew Gordon
by Andrew Gordon
Baltimore — (TFN): We love commodities here at Investor’s Daily Edge. My colleague Rusty McDougal lives and breathes [...]
“Sulfuric acid prices in March hit a record high of $329/ton, according to Purchasingdata.com, after trading at $90/ton as recently as October.” — Chris Mayer
by Chris Mayer
Baltimore – (TFN): Interesting how certain investment threads come together…
I read recently that copper producers are complaining about the skyrocketing costs of sulfuric [...]
“What has sparked such energy from bureaucrats better known for their plodding nature? Nothing sets a fire under such folks like a good food riot.” — Adam Lass
by Adam Lass
Baltimore – (TFN): Brick-throwing crowds have been reported in Egypt, Cameroon, Cote d’Ivoire, Senegal and Ethiopia. But these are not [...]
Tags: Adam Lass, africa, cameroon, cash crop, china, commodities trading, cote d'ivoire, egypt, ethiopia, food riot, grain, haiti, imf, India, mexico city, pakistan, senegal, thailand, tortilla, west bengal, world bank, yemen
“Water stress was a link between rising food prices, disease and conflicts such as the one in Darfur.” — Chris Mayer
by Chris Mayer
Baltimore – (TFN): I’ll start in the tiny Swiss resort of Davos, the site of the World Economic Summit’s annual conference. Davos has long been a [...]
“You don’t have to purchase futures and options contracts to invest in these commodity gems. I should know. I’ve been researching and recommending commodities since 2002… So I know it’s never been easier to trade raw materials with zero leverage and no margin!” — Eric Roseman
by [...]
“No other asset class comes close to commodities over the last six years. Not stocks, not bonds, not real estate and not even most emerging markets. In fact, even during the worst credit crisis in the United States in 60 years, commodity benchmarks continue to hit new all-time highs [...]
Tags: commodities trading, copper, crude oil prices, dollar, energy, euro, gold bullion, grains, lead, natural gas, platinum, precious metals, raw materials, silver
"As always, crisis breeds opportunity in some areas and poses long-term risks in others." — Andrew Mickey
by Andrew Mickey
Baltimore – (TFN): It’s hard to believe, but true. An environmental “dead zone” has killed off everything in a 7,000 square-mile radius.
Worse still, I’m not talking about some over-polluted region in Mongolia. [...]
"We’re on track to produce more ethanol than Congress wants. Between the planting seasons of 2007 and 2009, U.S. ethanol production is expected to overshoot by 8.3 billion gallons." — Sara Nunnally
by Sara Nunnally
Baltimore – (TFN): This chart shows projected ethanol production in the billions of gallons (the [...]
"In the post-Cold War euphoria of the 1990s and early 2000s, the U.S. government sold off almost all of the strategic stockpile material (The Russians sold a lot as well, but not all of it — characteristically.)." — Byron King
by Byron King
Baltimore – (TFN): One of the lessons [...]
Tags: beryllium, chrome, cobalt, commodities trading, diamonds, germanium, helium, indium, molybdenum, stockpile, us government
"After naming Merrill Lynch CEO Stan O’Neal (yes, that Stan O’Neal, the one who was forced to step down after revealing $8.4 billion in mortgage writedowns for the investment firm last fall) to its board, Alcoa and Chinese competitor Aluminum Corporation of China, or Chalco, as it’s known, bought a 9% stake (12% [...]
Tags: aa, ach, alcoa, aluminum, bhp, billiton, chalco, commodities trading, corporation of china, doj, justice department, Rio Tinto, RTP, steel, stephanie grimmett
"Agriculture is booming and shows no sign of slowing down. But one company is perfectly positioned to capitalize on the agriculture frenzy." — Rick Pendergraft
by Rick Pendergraft
Baltimore – (TFN): If you have been to the grocery store lately, you have noticed that almost everything - from milk [...]
"Most investors are agape at the move in crude oil, but it’s only the 12th best-performing commodity so far this year." — Chart of the Day
by Taipan Chart of the Day
Baltimore – (TFN): Commodities are entering the next stage of a bull market even as the U.S. appears to [...]
"They were all taking it very seriously indeed – hanging on to the every word of every speaker and scribbling away in their notebooks. So what were the noteworthy remarks the Chinese were jotting down?" — Dominic Frisby
by Dominic Frisby
Baltimore and London – (TFN): I’ve just come back [...]
"Since 2006, base metals prices have gone into a sharp tailspin and corrected over 30% in the last 18 months. In 2007 alone, base metals declined over 20% even as other commodities were shooting to record highs. Why such a disconnect?" — Mike Burnick
by Mike Burnick, The Sovereign [...]