Both the Aussie and New Zealand dollars were up against the greenback. These two are probably not rising because they are commodity currencies. The strength of commodities versus the U.S. dollar is only relative at the moment. But the interest rate differential might be a factor. The Federal Reserve Open Market Committee meets in America today. Read on…
December 16th, 2008 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "commodities"
The Feds Are Trying to Avoid Deflation
What’s the worst possible way to avoid deflation? Print money. ‘Governments can always avoid deflation,’ says Ben Bernanke – but only if they’re reckless enough to risk runaway inflation…
December 10th, 2008 | Bill Bonner | 2 comments | Continued
The Investment Community Has Dumped All Assets
Global financial markets are acting as though the world is about to implode. Over the past four months, the investment community has dumped all assets; regardless of their underlying economic fundamentals…
December 10th, 2008 | Puru Saxena | 4 comments | Continued
The World Bank Goes Nuclear on Commodities
If you treat it as a thought experiment and ask yourself what would have to happen for the ASX to fall that much, you get some alarming possibilities. The liquidation of Oz Minerals? The dismemberment of Rio Tinto? The fall of a major investment bank or leveraged institution? Or perhaps it’s something simpler: more falling prices for commodities. That’s what the World Bank seems to think anyway…
December 10th, 2008 | Dan Denning | 7 comments | Continued
Nervous Investors ‘Short’ the Market By Buying Commodities
Well that didn’t work out at all. Investors had a full weekend to think about the details of the worldwide plan to save markets. And then they became terrified. They sold shares and bought commodities. It shouldn’t be that surprising. And perhaps it wasn’t terror. Maybe it was just plain old common sense. You can’t short stocks anymore in some places. But you can buy commodities!
September 23rd, 2008 | Dan Denning | 2 comments | Continued
Financial Services Industry Seems to Have Peaked Out
Between 1950 and 2000, the USA transformed itself from a country that made things to a country that financed things…
August 5th, 2008 | Bill Bonner | 2 comments | Continued
Why the Bull Market in Commodities Isn’t Over
Won’t recession mean lower commodity prices…and the end of the bull market in gold and oil? Is this the end of the trend begun only a few years ago…
August 4th, 2008 | Bill Bonner | 1 comment | Continued
Fed’s Inflation Would Go into New Bubbles – In Commodities, Oil, and Gold
When the tech stock bubble popped, for example, the next big thing was a bubble in housing and housing-related debt. When the housing and subprime bubbles popped we guessed that the authorities would pump hard to try to reflate them…
June 2nd, 2008 | Bill Bonner | 1 comment | Continued
Fed is Trying to Keep the Money and Credit Moving: Commodities, Food, Oil and Gold
The Fed is trying to keep the money and credit moving. But it is going where it wasn’t supposed to go – into commodities, food, oil and gold. Still, the experts can’t see it. Instead, they read the polls, watch the TV, and come to the wrong conclusion.
May 7th, 2008 | Bill Bonner | 2 comments | Continued
The Profitable Marriage of Two Soaring Resource Companies
The huge run-up in commodity prices between January and mid-March has been a welcome boost for listed producers in the falling Aussie equities market. Oil, sugar, coal, gold, wheat… all these things have gained voraciously. Australian companies drilling, harvesting and mining them have weathered the storm of equity-selling better than other stocks. Meanwhile, listed financials have gone from shaky to shaken…
April 3rd, 2008 | Dan Denning | 0 comments | Continued