By Bloomberg News Anglo American Plc has quietly become a commodities trader. In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces. Yet the trading business gets barely a mention at presentations by Anglo executives or in analyst reports, taking a back seat to mines that […]
How Anglo quietly built a commodity trader in Glencore’s shadow Read More »
By Charles Hugh Smith This post The Next Financial Crisis Is Right on Schedule (2019) appeared first on Daily Reckoning. After 10 years of unprecedented goosing, some of the real economy is finally overheating: costs are heating up, unemployment is at historic lows, small business optimism is high, and so on — all classic indicators
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By Brian Maher This post The Biggest Casualty of the Financial Crisis appeared first on Daily Reckoning. Today we acknowledge a grim anniversary… Lehman Bros. shuttered its doors 10 years ago this very day… and the Great Financial Crisis was underway. A decade on, America is still shoveling its way out. The stock market has
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By Bloomberg News Barrick Gold Corp. may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, Executive Chairman John Thornton told the Globe and Mail newspaper. The Toronto-based company has slashed middle management by half to about 700 and “we want to get it down to 300,” Thornton, who’s been in his
Barrick Gold seeks Chinese partners, may slash headcount: Globe Read More »
By Cory댊 Hour 2 – Remembering The Financial Crisis Download audio file (0915-KER-Hour-2-Politics.mp3) Segment 1: Jeff Ferry research director for The Coalition for a Prosperous America gives a personal example of unfair trade tactics on the part of Mainland China. Segment 2: Michael Stumo discusses strategic trade vs fair trade. Segment 3: Big Al and
Weekend Show Politics – Sat 15 Sep, 2018 Read More »
By Cory댊 Hour 1 – The Sectors That Are Catching Our Eye Download audio file (0915-KER-Hour-1-.mp3) This week we saw a lot of company updates from the resource sector. This typically happens right before the conferences in Beaver Creek and Denver. Be sure to click on the links below for the exclusive interviews this week.
Weekend Show – Sat 15 Sep, 2018 Read More »
By Brian Maher This post Is Trump’s Tax Cut “Paying for Itself”? appeared first on Daily Reckoning. There is absolutely nothing wrong with America’s finances that a miracle couldn’t fix… as the great man said. We learn this week that 2018’s budget deficit currently rises Himalayan-high to $895 billion — a 39% increase over last
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By Cory댊 The Long Term Charts Tell A Very Different Story For The USD and Bonds Doc joins me today to share his longer term outlook for the USD and bond market. Looking at the monthly charts Doc does not see the USD moving much higher and for the bond market there is a good
Richard Postma – The Doctor Is In – Fri 14 Sep, 2018 Read More »
By Cory댊 For A Contrarian Investor Is The Depression In Metals Finally In The Sweet Spot Craig Hemke, Founder of TF Metals Report shares his thoughts on the overall depressed sentiment in metals. This can be a sign for contrarian investors but the question is how long can the down sentiment last? We also look
Craig Hemke from TF Metals Report – Fri 14 Sep, 2018 Read More »
By Cory댊 Oracle Energy – Just Listed With A Focus Of Near Term Production In The Eagle Ford Area Oracle Energy (TSX.V:OEC) started trading just over two weeks ago. I wanted to bring this Company on early so you can all learn about the strategy and we can follow along with how the business grows.
Company Updates From Management – Fri 14 Sep, 2018 Read More »
