Dave is Managing Geologist of the Pierce Points Daily E-Letter.
The China Containerized Freight Index has bee-lined upward in 2010. The index tracks shipping prices for goods sailing from China to 11 different regions around…
The past year has been all about shifting debt. The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to),…
I'm spending a few days in Toronto at the Prospectors and Developers Association of Canada annual conference. This is one of the mining industry's largest…
The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas…
South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major…
There are a lot of ships sailing around China these days. As I've discussed several times over the past weeks, Chinese shipping indices have gone…
I’ve received a copy of a new regulation framework for geothermal energy in Europe. Handed to me by a colleague last week, whose associate led…
There has been some unusual action on the Japanese commodities markets that demands a comment. I mentioned earlier this week that over the last two…
What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or…
China is the key to the metals markets today. And there are some important signals about this market registering in the last few weeks. Last…
News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder…
The U.S. Dollar is Finally Getting Invited Back to the Investment Party The buck is up 6% against the euro in the last three weeks.…
February 5, 2010. Statsweeper registered alerts across the entire WTI oil futures complex yesterday. Prices fell dramatically, with all six of the nearest contracts down…
This might be the year's most important news. Which got almost no press globally. Something strange happened in Japan in December. Shipments of aluminum from…
David Threlkeld of metals trading advisor Resolved Inc. got some press this week. That happens when you predict a catastrophe. Threlkeld was quoted by Bloomberg…
Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last…
There’s some interesting data emerging on the world trade situation. One of the surprising things is the U.S. export market is actually fairing reasonably well.…
We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these…
The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill. The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama…
The Tokyo Commodities Exchange is a pretty unassuming place. The Exchange is housed in a non-descript eight-story office building. In the relatively non-descript Tokyo borough…