Cliffs Natural Resources CEO Yearns for Iron Ore Collusion, uh, Cooperation

(This is an excerpt from an article I originally published on Seeking Alpha on March 12, 2015. Click here to read the entire piece.) When I last wrote about the colorful CEO of Cliffs Natural Resources (CLF), Lourenco Goncalves, he was lambasting the Australians for manipulating their currency as a last desperate measure to save … Read more

Negative Feedback Loops Should Continue Pressuring Iron Ore Prices Lower

(This is an excerpt from an article I originally published on Seeking Alpha on January 19, 2015. Click here to read the entire piece.) {April 8, 2015 addendum: negative feedback loop is not the accurate term. I should have left it at feedback loops or even destructive feedback loops} {snip} {snip} There is every reason … Read more

Market Trends Continue To Swirl Inconsistently Around Rising Rates

(This is an excerpt from an article I originally published on Seeking Alpha on August 19, 2013. Click here to read the entire piece.) The mixed signals from financial markets continue as interest rates continue to climb. In fact, the steady rise in rates is the main feature within a swirl of inconsistent patterns. The … Read more

Time to Pare Back Bullish Positions In the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on December 16, 2012. Click here to read the entire piece.) Almost two weeks ago, I noted that as long as the Australian dollar (FXA) maintained its stubborn strength, it made sense to play the currency long versus the weakening Japanese yen … Read more

BHP’s Price Warning Brings the Commodity Crash Playbook Back In Focus

(This is an excerpt from an article I originally published on Seeking Alpha on May 20, 2012. Click here to read the entire piece.) BHP Billiton (BHP) Chairman Jacques Nasser raised eyebrows in a discussion with reporters on Wednesday, May 16th when he indicated that commodity prices are likely to keep falling for now: “The … Read more