Agriculture
Corn prices are high so demand for feed wheat could increase. Wheat remains a weather market, but the demand side has been weak.
Metals
Like gold, fewer and fewer large copper deposits are being discovered, and the time between discovery and production has lengthened over the years as costs rise. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. For the elite, it comes with the “fringe benefit” of encouraging citizens to worship the government and central banks instead of working diligently to get more gold.
His thoughts on gold are captured each week on a program called Gold Game Film in collaboration with Kitco News and TheStreet.com. The largest copper mine in the world, Chile’s Escondida, is believed to have reached peak production. Of the 224 copper deposits that were discovered between 1990 and 2019, only 16 were found in the past 10 years. Well, since the inception of bitcoin, my view has been that crypto is awesome, and gold… even more so. Gold, crypto, or both?
He is also the co-author of The Goldwatcher: Demystifying Gold Investing. Or look at copper.
His thoughts on gold are captured each week on a program called Gold Game Film in collaboration with Kitco News and TheStreet.com. The largest copper mine in the world, Chile’s Escondida, is believed to have reached peak production. Of the 224 copper deposits that were discovered between 1990 and 2019, only 16 were found in the past 10 years. Well, since the inception of bitcoin, my view has been that crypto is awesome, and gold… even more so. Gold, crypto, or both?
He is also the co-author of The Goldwatcher: Demystifying Gold Investing. Or look at copper.
Oil
From the start, the IEA’s mission has been to help member nations deal with major oil supply disruptions.
United States
If the Fed did move both rates up by 5bp, Goldman’s model suggests that Fed funds and SOFR would move up to 8bp and 5bp respectively. He is a regular contributor to Forbes, Business Insider, Seeking Alpha and Wall Street Journal’s Experts Corner.
China
Last year, Beijing ramped up travel restrictions to slow the spread of Covid-19.
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