So, it looks to me that all my warnings about the euro (EUR) not being out of the woods just yet, were bang on… You see the “heatâ€? is back on the Eurozone's debt problems, which is strange in that there were two successful bond auctions by member countries last week… You see, to me this is nothing more than the old saying about when the US sneezes the rest of the world gets a cold, is coming into play right now.
[Read more...]PotashCorp (NYSE:POT) — Soars 27% on BHP Buyout Offer, so Now What?
August 18, 2010 By Leave a Comment
PotashCorp (NYSE:POT), the Canadian integrated fertilizer and feed products company with operations in Saskatchewan and New Brunswick, was just offered a roughly $38 billion cash buyout by mega-miner BHP Billiton… nothing to sneeze at.
[Read more...]The Great Grain Robbery
August 9, 2010 By Leave a Comment
In 1972, Russia's wheat crop failed. Russia had to dip into the global grain markets to meet demand. Before Washington knew the plight of its Cold War adversary, Russia bought up all of the surplus wheat in the US. Dubbed “The Great Grain Robbery,� Russia's purchases sent grain prices soaring around the world.
[Read more...]PotashCorp (NYSE:POT) and Mosaic (NYSE:MOS): Investing in The Fertilizer Crisis
July 19, 2010 By Leave a Comment
People need food. Food needs fertilizer. One of the world's most important fertilizers is in short supply. That fertilizer is potash.
One of the first things people change as they emerge from poverty is their diet. They move toward more meat and a greater variety of fruits and vegetables. So while we may wonder about how many cars or toasters the brave new world's top consumers will want, we know for sure they'll eat more food.
[Read more...]PotashCorp (NYSE:POT) — Reports Fivefold Volume Increase Over Last Year
May 10, 2010 By Leave a Comment
PotashCorp (NYSE:POT), the Canadian integrated fertilizer and feed products company with operations in Saskatchewan and New Brunswick, recently reported its new numbers and they are promising. The update shows exactly what Chris Mayer, editor of Agora Financial’s Capital & Crisis newsletter, had been expecting. Farmers are coming back into the market and buying potash once again.
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Another Chinese Resource Grab
The stakes just got higher in the 3-D chess game China's playing for natural resources. On one dimension, the Middle Kingdom is on the offensive. But on another, it's playing strictly defense…
Beijing is ordering state-owned businesses to explore a bid for PotashCorp (POT), the Canadian fertilizer giant that's already fending off a hostile bid from BHP Billiton, the Anglo-Australian mining giant.
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