Energy
Got Nickel? Asking For A Friend
There are years when nothing happens and years in which centuries happen. Carlos Fuentes We’ve seen a whirlwind of events in the past week. Here are some thoughts on the most important themes. Ukraine and the Fed Unfolding events in Ukraine of course represent a humanitarian catastrophe — and we Read more
Commodities
King Dollar, Gold, and Financial Repression
Gold’s rise continues. Since the shock-and-awe fiscal and monetary response to the covid shock got underway in March and April, we’ve been pointing out the obvious long-term impetus it would provide for gold. We won’t rehash all the data here — the big picture is obvious enough. The monetary expansion Read more
Australia
Strategic U.S. Investment in Australian Rare Earths
U.S. Secretary of Commerce Wilbur Ross recently took a trip to Australia to help strengthen commercial ties between the two close allies. One of the key points of his visit was to lay the groundwork for discussions of a “U.S.-Australia Critical Minerals Action Plan” that will be finalized in November. Read more
