FlowBank

1200 days ago

Food Inflation Around The Corner? Russia is set to impose 30% Tariffs on Soybean Exports

Interfax reports that Russia is looking to put a 30% tariff on soybeans as Putin wants to curb food inflation. It could very well be that Russia is attempting to preempt any potential domestic complaints. As a reminder, Arab spring began with the people complaining not being able to feed themselves - source: www.zerohedge.com  

#Commodities
Soybeans futures price

1201 days ago

Over the past 20 years, the MSCI World has gained +265% in dollar but has lost -47% against Gold...

Over the past 20 years, the MSCI World Total Return index has gained + 265% in USD and + 175% in EUR but the index has lost -47% in gold and -35% in silver! With quantitative easing and money creation, traditional currencies lose value and investors continue to believe that stock markets are rising - source: Thierry Crovetto, Bloomberg 

#Commodities
MSCI World in $, EUR, Gold and Silver

1201 days ago

The attractiveness of "scarce assets": supply by Top Gold producers is expected to collapse

Source: Crescat Capital 

#Commodities
The Gold supply cliff

1203 days ago

Industrial production up 0.4% in the US

Seven months of straight gains for manufacturing helped drive a November increase in US mining and overall production. Manufacturing is the biggest piece of the industrial production puzzle and it increased 0.8% and production of motor vehicles and parts were up 5.3%. source; WSJ and Federal Reserve

#Commodities
PRODUCTION MINING MANUFACTURING CARS MOTORS PARTS

1203 days ago

How economic downturns affect the transportation industry

Less travel, less fuel. Petroleum and coal products went down most roughly during the last recession in 2008, but also during covid-19. Operating revenues for petroleum and coal products were down from $247.4Bn Q3 2019 to $163.1Bn Q3 2020 see below. Income after income taxes in Q3 2019 was $6.9Bn and in Q3 2020, -$3.5Bn. Source: US Census Bureau

#Commodities
PETROLEUM COAL GLOBAL WARMING TRANSPORTATION
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