commodities


Anglo Goes Bold: Unveils Breakup Plan To Transform Into Copper Giant Amid BHP Takeover Battle

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"The only thing the BHP bid [did] was force the timeline on work we were already doing." 

 


Trump Tells Massive Crowd: "Day One" Executive Order Will Target Offshore Wind To Save Whales

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"We are going to make sure that that ends on day one." 


Orange Juice Prices Primed For Breakout After Forecast Warns Brazil Set For Worst Harvest In Decades 

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Here we go again...


Ukrainian Suicide Drone Attack At Russia's Volgograd Oil Refinery Sparks Fire

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"At least one drone hit the complex, reportedly setting the ELOU AVT-1 refining unit ablaze." 


Why We Are At The Start Of A Multi-Year Gold Bull Market

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In moderation, credit is beneficial to a capitalist economy—too much credit (debt) results in lower growth, too little means foregone opportunities. But in general, and especially during a crisis, people have more trust in gold than credit.


"Most Central Bank Gold Buying Is Unreported": In Stunning New Report, Goldman Sees "Significantly Higher" Gold Prices

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"We show that central banks drive the increase in gold demand since mid-2022, and that new geopolitical or financial shocks may push gold prices significantly higher." - Goldman


After Cocoa Crash, Rabobank Says Bull Rally Likely Peaked 

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Still, "it's likely that inflated cocoa prices will stick around..." 


Visualizing The Copper Investment Opportunity In One Chart

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... the growing gap between copper supply and demand until 2050,


Hedge Fund Boss Loses Legal Fight Over 2,364 Silver Bars Found In WWII Shipwreck

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"The South African government had argued that that it not only still owns the silver, but insisted..." 


Trojan Tomato: A New GMO Is Designed To Infiltrate America's Gardens

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Gardeners can buy a new seed, a genetically modified tomato the FDA barely looked at and GMO proponents hope will win Americans over to more modified foods.


Goldman Warns Copper Market "Moving Into Extreme Tightness" 

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"Lacking any near-term mine supply solution, the only way to maintain concentrate market function will be via demand rationing.


Florida Becomes First State To Ban 'Fake Meat'

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The law is an effort to push back against the plan by global elites to force the world to consume ’meat grown in a Petri dish or bugs,' said Gov. Ron DeSantis.


Russia Ready To Alter OPEC+ Production if Necessary

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“It always depends on the current situation, the balance of supply and demand,” Russian Deputy Prime Minister Alexander Novak said on Tuesday...


Bottom Watch: US NatGas Prices Snap Longest Losing Streak Since 2020

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April printed the first monthly gain since October. 


Robusta Coffee Bean Prices Near Half-Century High As Vietnam Supply Woes Spark World Crunch 

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... highest level since 1979. 


OPEC+ Likely To Extend Production Cuts In June

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Saudi Arabia and its allies in OPEC⁺ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1.


Cargill Recalls 8 Tons Of Ground Beef At Walmart Stores Nationwide Over Possible E. Coli

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"That's what you get for buying meat at Walmart." 


Data Centers Hiding In 'Spy Country' Northern Virginia Will Need Reactor's Worth Of Power

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"A single data center typically had a demand of 30 megawatts or greater. However, we're now receiving individual requests for demand of 60 to 90 megawatts or greater, and it hasn't stopped there." 


"Reasons Unknown": Floating Russian Oil Base Off Greece Abruptly Shifts South 

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" ... was completely vacated of major tankers on the afternoon of 2024-05-01." 


New Discovered Uranium Deposit In Poland Could Fuel Future Polish Nuclear Power Plant

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A Polish company is looking to exploit a newly discovered deposit of uranium, which could be used to fuel the country's burgeoning nuclear industry...