I have a new video up today for UncommonWisdomDaily.com. You can read a transcript in PDF format by pointing your web browser here: brodrick-uwd-video-030910-transcript
From the category archives:
Commodities
In Japan, Bloomberg reports that JFE Steel has signed coking coal contracts at $200 per metric tonne (55% increase) with BHP Billiton Mitsubishi Alliance and this contract is for the April-June period, implying that quarterly contracts have come through. Historically the settlements reached by the Japanese steel mills tend to be accepted globally. And China’s [...]
First, I talk to the always excellent Phil at HoweStreet.com …
http://howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1564
And then I get the next-to-last-but-not-least segment on Al Korelin’s show, Segment 7
I have a new video posted this morning for Uncommon Wisdom Daily. You can read a transcript in PDF format here:
brodrick-uwd-video-for-012610-commodities-at-a-crossroads
Or if that link doesn’t work, TRY THIS.
December 27, 2009 (24/7 Wall Street) — China became the world’s second largest economy in 2009, passing Japan, which has held this distinction for decades. The People’s Republic raised its growth forecast for 2008 to 9.6% from 9% which took the total to over $4.6 trillion. The Chinese government says it will have economic growth [...]
This holiday season, you might want to put some coal in your stocking. Check out a chart of the Market Vectors Coal ETF (KOL: 38.10 +0.08%).
Global coal usage is projected to increase by 55% by 2025. In the shorter term, inventories at U.S. power stations are higher than normal, according to coal industry executives [...]
