A Bottom For Commodities – The Reserve Bank of Australia Says No; Fortescue Says Yes

(This is an excerpt from an article I originally published on Seeking Alpha on November 19, 2015. Click here to read the entire piece.) “…the changing nature of China’s development implies that the potential for commodity prices to rise from here is somewhat limited.” – Christopher Kent, Assistant Governor, Reserve Bank of Australia (RBA) at … Read more

Another Look At the Reinforcing Dynamics of the Iron Ore Industry

(This is an excerpt from an article I originally published on Seeking Alpha on November 16, 2015. Click here to read the entire piece.) Clyde Russell is a columnist who often writes about iron ore for Reuters. His latest piece, “Who’s behaving rationally in iron ore, steel? Everybody and nobody,” discusses some common themes and … Read more

Little Cliffs Natural Resources Still Talks Like the 900-Pound Gorilla

(This is an excerpt from an article I originally published on Seeking Alpha on November 3, 2015. Click here to read the entire piece.) Cliffs Natural Resources (CLF) reported earnings last week on the morning of October 29, 2015. {snip} Source: FreeStockCharts.com From my perspective, the always colorful commentary from Chairman, President, and CEO Lourenco … Read more

Is A New Storm Finally Brewing for the Australian Dollar?

(This is an excerpt from an article I originally published on Seeking Alpha on August 24, 2015. Click here to read the entire piece.) “But lest there be any uncertainty about this, let me be clear, again, that the exchange rate remains high by historical standards…we think that investors are underestimating the likelihood of a … Read more

The Australian Dollar Rallies Sharply On Strong November Jobs Report

(This is an excerpt from an article I originally published on Seeking Alpha on November 11, 2015. Click here to read the entire piece.) {snip} Statistics Australia reported a large jump in jobs for the month of October, 2015. The seasonally adjusted unemployment rate dropped from 6.2% to 5.9%. This is the lowest unemployment rate … Read more