commodities

Marshall Auerback here. Yesterday, Ed made a big to-do about China's increase in gold reserves. I am going to take a different view here. CLSA is saying that the increase is from purification and miscellaneous transactions since all…

China is really looking at a lot of other options to get away from the U.S. dollar. The latest report is that it has been building huge gold reserves. There is no doubt that China wants to get out and away from the U.S. dollar now. We…

Marshall Auerback here with a few thoughts about this economic cycle, external imbalances, fiscal stimulus, and current account deficits. This is not the Great Depression. We are going to have "muddle through" here precisely because we…

Marc Faber is a definite bull right now, despite his title as Dr. Doom. In the video below he makes his case for gold miners and for a general equity rally through April. His main points are:

If you have been folowing the commodities market, you would have noticed that most commodities have been rallying of late.  This includes oil, silver, gold, base metals and agricultural commodities.  Oil has gone from the low 30s to…

Bill Fleckenstein is a well-known money manager and write over at MSN Money. He has been fairly bearish on the medium-term outlook for U.S. equities and technology stocks in particular for some time. His viewpoint stems from what he sees…

Jim Leng, the new Chairman of troubled mining giant Rio Tinto has quit abruptly despite having been employed by the company for only one month. This does not bode well as the company's mountainous debt is at the core of why Leng is leaving…

I read about ConocoPhillips taking a massive $34 billion writedown and my first reaction was glee. Why? This type of draconian response demonstrates that the glut of oil we now see will soon be a deficit. The oil patch is notoriously…

Fred Hickey is bullish. This is big news. He has sold all of his puts for the first time in years and is now playing the markets from the long side. His favorite picks are in precious metals and technology. See the attached video during…

The row between Russia and Ukraine over payments for natural gas looks to be de-escalating. Gazprom has committed to letting the gas flow freely again after the EU requested this action be taken. The question now is whether the core issue…