commodities
With its huge jewelry industry, India’s consumption is 50 times higher than its domestic supply. Meanwhile, China produces more than one-third of the gold it demands...
Food inflation is very sticky.
Wirth called for a "more balanced conversation about the future of energy," adding, "These choices should be informed by realistic science and impartial data, untainted by advocacy agendas."
Environmental disaster averted?
"As a result, we believe that another leg lower in prices towards the 95th percentile..."
Never in history have investors been more bearish on oil than they are today.
"We've never seen something like that in the history of our industry."
One thing is for certain: Saudi Arabia owns much more gold than it wants the world to believe.
However, not with beef.
"That's why we're back to record high prices."
"On 12 September, the MV SOUNION remains on fire..."
"We are waiting for the world to react."
Whether Trump is reelected or Harris becomes the first female president of the U.S., Citigroup analysts forecast gold prices exceeding $3,000 by the end of 2024...
Burger prices must go higher.
According to ING, the “most anticipated” Federal Reserve rate cut in decades is by far the biggest factor driving the current gold market.
"While there is lack of clarity on the quantification..."
"The desk turn slightly more constructive in the next couple of weeks, but remain structurally bearish for longer-term outlook."
For the past 18 months, high borrowing costs have slowed the pace of U.S. construction...
"While global demand has weakened, current US supplies could tighten further if Hurricane Francine causes multiple days of well shut-ins."
"Russia is the leader in reserves of a number of strategic raw materials, namely..."