Nasdaq Commodities

A study of analyst recommendations at the major brokerages shows that Companhia Siderurgica Nacional (Symbol: SID) is the #47 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals C

In trading on Thursday, shares of Cleveland-Cliffs Inc (Symbol: CLF) crossed below their 200 day moving average of $17.88, changing hands as low as $17.72 per share. Cleveland-Cliffs Inc shares are currently trading off about 2.3% on the day. The chart below shows the one year

The lowest offer presented at an Egyptian state purchasing tender for vegetable oils on Thursday was $941 per metric ton c&f for 6,000 tons of sunflower oil, traders said.

Turkey's spectacular breakthrough as an exporter of durum wheat has spared pasta fans another year of price pain and the country is poised to remain a crucial source of the ingredient prized in Mediterranean cuisine.

Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems rather than be considered a contender as the planemaker's new head.

Vietnamese coffee prices rose to an all-time high this week, supported by exceptionally tight supplies and concerns dry weather would reduce next year's crop, traders said Thursday.

Faced with a failing date palm business due to scarce resources, Iraqi farmer Ismail Ibrahim has planted "sidr", or jujube, trees which require far less water during an irrigation crisis.

Saudi Arabia issued tender to buy 595,000 metric tons of wheat for June-July arrival, its state wheat buying agency, the General Food Security Authority (GFSA), said on Thursday.

The European Commission forecast that the European Union's main wheat crop will fall to a four-year low in 2024/25 due to a drop in the planted area.

The governments of Poland and Ukraine meet in Warsaw on Thursday for talks they hope will help defuse a row over grain imports that has caused mass protests by farmers, but a top Polish official said a breakthrough was unlikely.

India will send two delegations next month to Chile to scout for lithium and copper resources, a government source said, as rapid economic expansion and New Delhi's efforts to speed up the energy transition stoke demand for critical minerals.

The European Commission forecast that usable production of common wheat, or soft wheat, in the European Union will fall to 120.8 million metric tons in 2024/25 from 125.6 million this season.

British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1%.

China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies.

Copper prices rose on Thursday, supported by output cut plans agreed by top copper smelters in China and signs of the Chinese economy stablising following improving industrial profits.

FXEmpire.com - Market Overview As we move through the first quarter of 2024, oil prices have seen a notable increase, primarily driven by expectations of tighter global supplies, particularly with Russia announcing deeper p

Japan's Mitsui & Co said on Thursday the company agreed to invest in Atlas Lithium Corporation in the United States by subscribing to a $30 million third-party allocation of new shares by the U.S. company.

Chicago soybeans, corn and wheat dipped on Thursday as traders braced for quarterly grain stocks and planting intention reports from the U.S. Department of Agriculture (USDA) later in the day.

The Federal Court of Australia found U.S. asset manager Vanguard's local unit guilty of making misleading claims about filtering out bond issuers with significant holdings in sectors such as fossil fuels, Australia's securities regulator said.

Private investor Don Hansen has honed his resource sector investment approach for more than 20 years, and in a conversation with the Investing News Network he shared his research on the US debt-to-GDP ratio.Looking back to 1945, the ratio was at 111 percent due to major spending on World War II. However, by 1965 it was down to just 43 percent — Hansen noted that this happened on the back of a balanced budget and good economic growth. The ratio remained fairly stable from 1965 to 1985, but rose dramatically from 1985 to 2005. "The debt grew 9.3 percent between 1985 and 2005, but the GDP only grew 6.1," he noted. "So obviously then the debt-to-GDP ratio was climbing, and in 2005 it was up to 61. So you're going up 50 percent in 20 years." By 2025, Hansen expects the ratio to rise to 150 percent, with debt growing 9.5 percent annually and GDP only increasing by 3 percent. In his view, this exponential increase is being driven by the loss of capitalism, which requires three elements to work properly: sound money, a free market and limited government. Hansen said sound money was lost in 1971, while the free market was lost as the US government started becoming more interventionist. He believes a currency collapse is inevitable, and thinks real assets like gold and silver are key for investors who want to protect themselves from the coming storm. "I had an 'aha' experience about that where I realized that the thing that will break, and almost always will break, is the currency," he explained. "And the reason for that is that of all the variables involved in these economic situations, the one variable that the government cannot control is the exchange rate of the currency. Because it's determined by everybody else's buying and selling. So that's what breaks. That's what gives up."Watch the interview above for more of Hansen's thoughts on the US debt-to-GDP ratio and the coming currency collapse. You can also click the the timestamps below to view specific parts of the interview:0:00 — Intro 0:50 — History of the US debt-to-GDP ratio 4:38 — US debt-to-GDP ration in the future 10:51 — Currency collapse is inevitable 17:49 — Preparing with gold and silver 23:28 — Wisdom vs. intelligence 26:20 — OutroDon't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.