Tags » Commodity Prices

Plummeting Commodities Saves Beijing $460Bn A Year

While a sharp drop in commodity prices is hitting resource-based economies hard, analysts suggest China has arguably become the biggest beneficiary.

Last year, China became the world’s top buyer of crude oil and nearly every other commodity. 224 more words

Emerging Markets

Commodity prices then & now

Baker & Associates’ excellent weekly AgLetter compares commodity prices 18 months ago with current ones:

Oil price down 70%:     June 2014 ‐ US$103/barrel January 2016 ‐ $US30/barrel… 410 more words

Farming

Saepe falsus, sed numquam dubitans

Saepe falsus, sed numquam dubitans — “Sometimes wrong but never in doubt” should be on the Heraldic crest of Paul Krugman. He certainty came to mind at around noon today 20 Jan ’16 with oil breaking $27/barrel and the Dow down 550. 229 more words

Social Issues ( Be Civil ! )

'You can't get weak in the knees’: Canadian miners continue to expand abroad despite brutal bear market

Canadian miners working abroad just aren’t giving up.

Despite a horrendous bear market in commodities, ongoing political risks and serious struggles to raise capital, these firms continue to invest vast sums of capital in mineral assets all over the world. 727 more words

Mining

Russia faces the economic consequences of a plummeting oil price

One of the themes of this blog over the past year or so has been that the fall in the price of crude oil and other commodities is good overall for the world economy. 1,372 more words

General Economics

China’s Economic Path

Dr. Barbera has appeared on our blog before with some prescient thoughts. We now have two new posts from him—one on China, and the second on the Fed. 1,245 more words

Economic Impact