Tag: sept 21 2021

Links: NICKEL IS THE NEW GOLD URANIUM PRICES RISING, MAKING PROFITS FOR HEDGE FUNDS

In this edition of the Trends Journal, we are SPOTLIGHTING essential trends that will shape the economic future. Among them is inflation. We have been reporting extensively, in great detail, of where and why inflation is heading up and its global impact on governments, businesses and consumers. Remember, when the New Year began, from the...

Each week, we report instances where the money junky hedge funds, private equity groups and the already big company swallows another piece of the global economy. Here are some more of what the BIGS have been gobbling up… GOLDMAN PAYS $2.2 BILLION FOR SPECIALTY LENDER FOX, NEWS CORP CONTINUE STRING OF ACQUISITIONS TRANSUNION FINALIZING $3.1...

World uranium prices topped $44 a pound last week, the highest in eight years, continuing a reversal of 2011’s price crash that followed Japan’s Fukushima nuclear plant catastrophe. Recent price gains came after Sprott Asset Management opened an exchange-traded trust that has bought large amounts of uranium stocks, using money from hedge funds and family...

By 2040, demand for nickel will grow 19 times bigger than it is today as electric vehicles (EVs) claim an increasingly greater share of the world’s car market, the International Energy Agency said. In addition to being a key ingredient in stainless steel, nickel also is essential in making the more powerful batteries demanded by...

The global price of steel has rocketed from $560 a ton in September 2019 and 2020 to $1,940 on 1 September this year, according to commodity analysis firm CRU Group. A U.S. government index following the price of iron and steel saw costs double in August, compared to a year earlier, the biggest 12-month rise...

Yes, inflation is real. But do you think the Bankster mob and their billionaire buddies care?  The wholesale price of natural gas has climbed 250 percent since January and 70 percent in the last three weeks, according to Oil & Gas UK, an industry trade group. The soaring gas price has multiplied electricity prices as...

The pan-European Stoxx Europe 600 stock index and London’s FTSE traded essentially flat for the week ending 17 September, with Germany’s DAX slipping 1 percent and the French CAC managing a 0.3-percent gain. Markets were stymied by inflation, MarketWatch said, which rose to 3 percent in August from 2.2 percent in July to reach its...

Prices across the Internet have increased for 15 consecutive months, jacking up the cost of everything from drugs to pet products to flower arrangements, according to Adobe Digital Insights. In August, prices of online goods and services swelled 3.1 percent, year on year, and gained 0.1 percent on July’s prices, Adobe found. In contrast, online...

The average price of a home across 55 countries rose 9.2 percent from June 2020 to June 2021, the fastest rate since the 12 months ending in March 2005, according to consulting firm Knight Frank. The rate of increase was 4.3 percent between June 2019 and 2020. Australia, Canada, New Zealand, Russia, Turkey, and the...