commodity intelligence · or “commodity-alice in wonderland!” ... 2015 jan '017551 mar...
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Commodity Intelligence Rally? Or New Bull?
Apr 2016
more?
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Going Japanese.
Dependency ratio rising inexorably.
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China Fret.
China suffers too!
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6 Chinese Mega-cities
A strong currency forces
These 6 mega cities
Up the value chain.
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Panama, Zuma and Rousseff.
Emerging bear closed?
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Gold~Loves being lonely.
~Shines brightest when the economy is ‘broken’
Gold Equity~Is cheap on its history.
~Undeveloped deposits have the advantage of cheap capex now.
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Credit Recovers..after scaring us!
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Oil does the easy $10.
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Saudi Discounts close on Doha.
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Check out US tertiary demand!
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Fracklog activates between $40 and $50?
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Oil Cost Curve Through Time
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The Shale starts to scare people.
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LNG Price in Tokyo still making new lows.
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EU Natural Gas Price crashes.
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Renewables eat fossil fuel demand growth
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Supergrids on the Agenda?
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Renewables: cost.
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Copper Intrigues.
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Copper Intrigues
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Copper Intrigues.
Chile.
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Tailings Dams.
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There is a bull case.~Supply has peaked across the board, with some exceptions.
~Demand is still rising gently.
~Emerging MAY be on the turn.
The newsflow has definitely improved in the sector.
But really it’s “Gold, Google and Good Luck!”
Or “Commodity-Alice in Wonderland!”23