Last August, we were the first to show how Russia was bypassing Europe’s so-called commodities embargo: it was selling LNG to China which was then re-selling it to Europe at a substantial mark up. And […]
Authored by Mike Shedlock via MishTalk.com, We have gone from just in time manufacturing to just in case hoarding. Or have we? If so, at what cost? And what about China? Is De-Globalization Happening? […]
EconomyBusiness and Economy China’s exports surged in March as the world’s second-largest economy continued to rebound from Beijing’s harsh “zero-COVID” pandemic policies. Total exports soared 14.8 percent year on year, customs data showed on Thursday, […]
Via SchiffGold.com, After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another net 77 tons to their […]
Over the years, we have periodically reported (here, here, here, and here) of the occasional gold bar discovered as counterfeit, including gold-plated tungsten bars, but most (if not all) have been via third-party fraudsters. […]
Yesterday we reported that for the first time ever, US drillers spent more on share buybacks and dividends – some $128 billion – than on capital projects (understandably so, courtesy of a clueless administration which […]
Authored by Irina Slav via OilPrice.com, The European Union will make its first move as a buyers’ group on the international gas market next month as it launches the first tender for suppliers. The […]
Iron ore price hit an eight-month high on Friday, driven by optimism about future steel demand in China. Benchmark 62% Fe fines imported into Northern China rose 0.54%, to $127.70 per tonne. The most-traded […]
Many Bay Area residents may have noticed their natural gas prices soared without warning. Consumer Investigator Chris Chmura finds out why. At Mark Zinman’s Moraga home, his gas bill just ignited change. “When I got […]
Authored by Medea Benjamin and Nicolas J. S. Davies via NakedCapitalism.com, With the Ukraine war now reaching its one-year mark on February 24, the Russians have not achieved a military victory but neither has the […]
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