Topic: Just commodities

[Libertas]

Agreed...

Especially when it comes to food, if the BRICS/BRICS+ want to shop elsewhere, fine...there are always folks who want food and don't give a rats ass who they buy it from...

Whoever wrote this dreck (whoever the Hell GeoFlex is) is obviously a shill for one, some or all of these BRICS+ clowns...

The biggest threat to US agriculture has been and continues to be the fracking US government's Ag policies and reg's with secondary meddling by the states...all in bed with large corporate ag outfits!  Russia, China et al can go screw themselves with their bullsh*t!

[Libertas]

Interesting.

https://www.apmex.com/

There is a number of reasons why silver is undervalued..,article does a decent job of addressing some of that, I would also add that gold is somewhat undervalued too, the PTBs like to keep a lid on PM's as much as they can get away with...sooner or later all bills come due.

Some 1oz rounds are down to 6% premiums, a level I haven't seen in a while.

You can always get "junk" silver...

I favor the 90% silver variety.  The math of content to value can be easy to deal with too, for dimes at .0715oz per 14 dimes will equal an ounce, at current value about $2.28/ea.  For half-dollars at .3575oz 2.8 = full ounce, get 14 of these and you have 5oz, at current value about $11.42/ea.  For silver dollars at .7734oz, get 13 of these to have a hair over 10 ounces of silver, at current value about $24.70/ea.

Makes math for barterworld easier to figure out...

[Libertas]

I agree with this...

https://www.zerohedge.com/precious-metals/these-3-conditions-must-be-met-silver-surges-gold

...those resistance points are also impacting the Gold:Silver ration I track...bust through the resistance points...and the ration should drop...

[Libertas]

Damn demons monkeying with Ag again!  The price of Ag is exactly unchanged from 10 days ago...Au went up 1.71%...so the Au/Ag ratio is a little more out of whack...

Bloody demons!

[Libertas]

Whoa, silver has been snapping up at a better clip than gold which has been steadily rising...  Au:Ag ratio dropped a few points from 4 days ago to improve to about 80:1...still a ways to go to narrow that to something more real, will have to see how this trend goes...

If latter day experience is a guide TPT will whip out the monkey hammer...

[patentlymn]

This guy says the 'smart money' was on increased food prices and ag land prices in large prt because of China demand.
Now he says the smart money was wrong. Also China makes their own tractors now.
https://youtu.be/7D6qu-8n7Iw

Layoffs at John Deere blow up investment thesis on food shortages; US farmland to see liquidation
   
 
Oct 23, 2024
Venture Capital and Private Equity firms poured tens of billions of dollars were poured into shares of farm equipment makers, fertilizer companies, and even indoor vertical farms and cropland.  Conventional wisdom was that these were very safe investments that would yield outsized returns as the world struggled to feed itself over coming decades.

That investment thesis has now collapsed, amid plunging global food prices and soaring farm productivity.  The ag sector of the developing world produced record crops, and did so without the expensive equipment produced by major Western farm equipment makers, such as John Deere and Case New Holland.

As VC and PE firms are now seeing double-digit annual declines in cash flows from their investments into the agriculture theme, we should expect them to sell their positions, and return to tech sector investment.

[Libertas]

Well, not that I believe everything coming from something called inside china...

But, in general, anybody who is...

Relying on Chi-Com's...

 

 

[Libertas]

https://www.zerohedge.com/commodities/central-asia-emerges-epicenter-rare-earth-mineral-rush

Well, that is a load of BS, we do not have to be bothering with friends of China or Russia or even those two...

USA Rare Earth LLC has its Round Top Heavy Rare Earth, Lithium, and Critical Minerals Project in West Texas with a wide range of critical heavy rare earth elements (REEs) and high-tech metals, including lithium, gallium, zirconium, hafnium, and beryllium.  And a USGS survey in southwestern Arkansas has significant lithium reserves, estimated to be between 5 million and 19 million tons!

All we need to do is take advantage of our own resources and tell these other buttheads to pound sand.

[Libertas]

Gold is approaching $2800...indicating all the kabucki by the Fed, Treas & BLS Etc isn't fooling people who know better...

[Libertas]

https://www.zerohedge.com/energy/saudi-arabia-vows-maintain-its-status-oil-giant

Ha, if Trump covers the fraud factor he'll lose business going this direction...

I for one will not lament the fall of the House of Saud when it comes...   

[Libertas]

A squeezed global aluminum supply chain has sent the price of the metal's critical ingredient, alumina, to the brink of a new record high on Wednseday of $707.59 a ton, nearly eclipsing the 2018 high of $707.75.

Since the mid-point of the year, supply chain snarls and production disruptions in major alumina-exporting countries have sparked shortages. Countries critical to the aluminum supply chain include Guinea, Australia and China.

Mounting supply chain woes from the West African country of Guinea, a top source of seaborne-traded bauxite that supplies over 70% of China's imports, come amid continued trade disputes with local government customs officials.

Meanwhile,  Australia, another large producer of bauxite and alumina, has seen exports move lower on climate change policies and sliding natural gas supplies.

"There are no signs of a turnaround in spot alumina prices within this year," Gao Yin, an analyst with consultant Horizon Insights, said who was quoted by Bloomberg, adding that aluminum inventories at Chinese smelters have been declining, but "the market hasn't considered output cuts as a base-case scenario yet."

Data from Fastmarkets shows alumina prices are back to near-record highs of around $707 a ton.
https://www.zerohedge.com/commodities/no-signs-turnaround-alumina-prices-near-record-global-supply-chain-snarls-mount

As usual, insane Western policies cause real economic harm to they and their people...   

[Libertas]

https://www.zerohedge.com/commodities/shares-tungsten-miner-erupt-after-china-chokes-supply-ceo-says-customers-state

Perhaps it's time for the Trump administration to ramp up efforts to expand domestic supply chains for mining and refining rare earth minerals, reducing dependence on China.

Sane people have only been calling for it for YEARS, dude!

Welcome to the party!

[Libertas]

This is really good...this guy does a good job of describing commodities manipulation, specifically in this case the silver market.  He uses the normal term "tamping"...I've been using the term "monkey-hammering" for decades, but describes the same practice by the big PTBs...

https://www.zerohedge.com/precious-metals/mechanics-silver-price-suppression

And Mr. Slammy having a hard time at present...

https://x.com/MisterSlammy

...on the gold front, in silver...well I track both gold and silver and their ratio...silver continues to to be monkey-hammered more successfully...just the past couple weeks the Au:Ag ration has widened over 1.5%, telling me silver is getting pounded more successfully.

Look at the prices today...

The morning highs are backing off, showing there must be more naked short paper hitting the exchange...

https://tradingeconomics.com/commodities

I'm just sitting here watching it drop for both...