Commodities Archive

U.S. Trade Gap Widens on Oil Imports

[Skip to the end] (email exchange) >    >   On Tue, May 12, 2009 at 9:20 AM, wrote: >   As you predicted…. >    You mean as I feared! Higher oil = dollars easier to get overseas = weak dollar all else equal (which it never is, of course) Higher crude = higher headline CPI = ...Read More

China’s Reserve Strategy

[Skip to the end] (email exchange) >    >   On Tue, May 12, 2009 at 11:22 AM, J A Kregel wrote: >    >   And you can add to this the undeclared policy (confirmed to me last week) that >   Chinese reserve diversification to hedge dollar exposure will be primarily in >   stockpiling natural resources, not currency diversification ...Read More

China to boost commodity stockpiling

[Skip to the end] Looking like they are diversifying a bit away from financial reserves: China to Boost Commodity Stockpiling Storage Capacity by John Duce Apr 19 (Bloomberg) — China will give priority to boosting its storage capacity for resources such as oil and grains to ensure supply and smooth price volatility, ...Read More

Copper graph

[Skip to the end] Also looks like the great Mike Masters inventory liquidation of July 08 ran its course late in December? This was a massive, world wide inventory liquidation of just about everything, including housing and financial assets. [top] ...Read More

Commodities bottoming as the great Mike Masters inventory liquidation runs its course

[Skip to the end] It all came to a near halt with the world wide inventory liquidation. Now flows are resuming but will be at lower levels than before, reflecting lower demand. Prices should recover over time to something above replacement costs. Look for deteriorating real terms of trade for the US ...Read More

Re: Commodities liquidation

[Skip to the end] Thanks! >    >   On Tue, Jan 13, 2009 at 3:51 PM, Joshua wrote: >    Commodities Liquidation No Exit From Commodities as Hedge Funds Return: Chart of Day by Chanyaporn Chanjaroen Jan 13 (Bloomberg) — Hedge funds are proving there was no complete exit from bets on higher commodities prices ...Read More

Re: Comments on Thoughts on Treasury plan

[Skip to the end] (an interoffice email exchange) >    >   On Fri, Sep 19, 2008 at 9:50 AM, David wrote: >   So creating liquidity for toxic assets RTC style. >    maybe, jury is still out on how that might work >    >   Make the government a little money and inspire confidence in banks, ok. >    ...Read More