Tuesday, July 23, 2013

The Golden Road Out of Financial Crisis

October 22, 2009 by · Leave a Comment 

The Daily Reckoning “Who goes borrowing, goes sorrowing.” – Ben Franklin Today’s reckoning is going to be short. We’re on the road again…this time to Ireland where our Family office is headquartered. The quote above comes from one of America’s founding fathers. But it was recalled to us neither by America’s president, nor America’s secretary [...]

Don’t Trust the Dollar Strength

October 9, 2009 by · Leave a Comment 

The Daily Reckoning As predicted, both the European Central Bank and the Bank of England kept their benchmark interest rates at record lows in an effort to keep stimulating their economies. Trichet signaled that the ECB has no plans to raise rates in the near future, stating that the current level is ‘appropriate’ for the [...]

Asian resource M&A activity to increase by 2012 – Fitch

October 6, 2009 by · Leave a Comment 

The rating agency says supply chain integration and greater control of raw materials by end users such as China and India is expected to grow. Read more….

Expecting Gold to Sell Off – Temporarily – in October

October 5, 2009 by · Leave a Comment 

Mark Brown submits: Gold traders and investors have been waiting for a clean break above gold’s nominal all-time high, recorded back in March 2008, but the process has been anything but sure and swift. Having risen approximately 300% since the start of its bull run in 2001, gold has far outpaced the investment gains in [...]

BHP to spend $10bn next year, sees demand improving

September 23, 2009 by · Leave a Comment 

Diversified mining giant BHP Billiton, which is planning to spend about $10-billion in capital investments and exploration in 2010, is seeing demand for commodities picking up, as economic conditions in China improve. BHP Billiton has boosted its project pipeline to $14-billion, as it expects the resource-intensive nature of Chinese growth to continue to drive global [...]

Zambia’s Chambishi delays restarting cobalt output

August 17, 2009 by · Leave a Comment 

Zambia’s largest cobalt producer Chambishi Metals will delay restarting production until September after suppliers in the Democratic Republic of Congo (DRC) failed to deliver cobalt concentrates, it said on Sunday. Operations at Chambishi were suspended in December and were due to restart in August, but Chief Executive Officer Derek Webbstock said it would have to [...]

Raw Material: Who Is Benefitting from China’s Rising Demand?

March 11, 2009 by · Leave a Comment 

Kelvin Schulle submits: In the last three months, China is importing more and more raw materials, such as copper, iron ore, steel, nickle etc. The China PMI index rose the second time in a row. According to a news briefing on Monday, China’s electricity consumption in Janunary was also rising by 4.4% compared to same [...]