It was 1998 and the Ruskies were having a bad time…. Not a “bad hair day, dog shat on the carpet sort of bad time. No! A really f’ing bad time. For the previous decade they’d been running a fixed exchange rate that was tenuous at best. Though they where running a fiscal deficit that… Read More
German Energy Policy – A Page Out Of Crazy!
Germans are awesome but Gawd their government is f’ing dumb. Here they are implementing their new energy policies. In the article “verdammt-dumm-germany-takes-stupid-to-a-new-level” last year when discussing Merkel we predicted that…. “she managed to form a coalition government that’ll now (because it’s left of left) pursue certain policies which are … how do the Germans say… Read More
RJ Lyons: Everything you Need to Know about Shipping
“This past year has been fairly weak until the last 2 or 3 weeks…. VLCCs, which are 2 million-barrel ships, went from making, in the spot market, $30,000/day to $325,000/day in 14 days.” RJ Lyons is the President & CEO of Mjolner Shipping, focusing their operations on crude oil and refined products. RJ started working… Read More
Hydrocarbon: A Compound We Use, A Compound We Need
Over the past few months, we’ve seen some of the most extraordinary events from the anti-fossil fuel/extinction rebellion movement. We have protestors jumping on planes: Gluing themselves to roads With one protestor even gluing her breasts to the road – 10 points for dedication to the cause to her. From a BBC article about the… Read More
The Evolution of Mining Finance As Told By Doug Silver
“You never learn when you’re successful, you only learn when you do things wrong…so I’m extremely well educated.” Doug Silver, PM at Orion Resource Partners & Jamie Keech at the Beaver Creek Previous Metals Summit The Man In The Mining Hall Of Fame Doug Silver is a portfolio manager at Orion Resource Partners, an alternative… Read More
