Authored by Gordon G. Chang via The Gatestone Institute, China’s propagandists tell us the Chinese economy this year will “accelerate to 4.8%.” Foreign analysts are even more bullish. Goldman Sachs estimates growth of gross domestic […]
US natural gas futures fell below $2 for the first time since 2020, extending a massive selloff as traders give up on hopes of extreme cold boosting demand.Gas for March delivery dropped to $1.987 per […]
Australian mining giant BHP is optimistic China and India’s growth will boost commodity demand, even as the company reported a steep drop in half-year profits. “We believe that Chinese growth and Indian growth are going […]
Authored by Alasdair Macleod via GoldMoney.com, The consequences of Russia and her Asian allies embracing gold backing for their currencies are poorly understood in western capital markets. This move could lead to the destruction of […]
Copper price rose on Thursday as the dollar weakened and investors looked ahead to an expected revival in demand in China. Copper for delivery in March rose on the Comex market in New York, […]
Aluminum prices fell to a five-week low on Wednesday due to weak demand in China and a rapid buildup of inventories in exchange warehouses. Benchmark aluminum on the London Metal Exchange was up 0.1% at $2,411 […]
All of a sudden the stock market “geniuses” that were minted during the Covid stimulus days don’t look so brilliant. And all it took was for the free money to run out…imagine that. That was […]
Wood Mackenzie, provider of decision intelligence for the world’s natural resources sector, is offering a new service to cover entire electric transportation value chain from mine to market. On Monday, the consultancy group announced the […]
By John Liu and April Ma, BBG Markets Live strategists and reporters The reopening euphoria that vaulted a key Chinese benchmark to the brink of a bull market is losing steam, highlighting investor caution about […]
Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities […]
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