The article below was written in December 2010 prior to peaking of most commodities in the first quarter of 2011 (see TABLE below). Despite market volatility and investment bank soothsayer spin, the article hasn’t dated. Prices, of course are different … Read the rest
June 2011 Predictions are a waste of time in today’s volatile global markets. Rather than follow usually wrong central bank prognosis, economists’ forecasts, chartists’ configurations or charlatan soothsayers, it is safer to assess the situation on the basis of what … Read the rest
AWASH with petrodollars, the members of the Organisation of Petroleum Exporting Countries (Opec) and other oil producers are increasingly calling the shots in world markets. Moreover, compared with the previous oil booms of the 1970s and 1980s when rich oil … Read the rest
NO prizes for guessing the winners of the Iraq , Israeli-Hezbollah , Afghanistan , Sri Lankan and random African wars. The Merchants of Death are experiencing boom times.
The Stockholm International Peace Research Institute (SIPRI), which conducts independent research on … Read the rest