Article
Commodity Markets Are Living On Borrowed Time
Commodity Markets Are Living On Borrowed Time
Authored by Helen Thomas via City AM,
Governments and industry have softened the impact of energy and commodity supply disruptions by releasing reserves, reducing inventories, and increasing operational flexibility.
These measures are temporary, and continued inventory drawdowns are pushing oil and metal markets toward historically tight conditions.
Once inventories become critically low, higher prices may become the primary mechanism for balancing supply and demand, leading to weaker economic growth and lower consumption.
Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of...
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Shurk: Bush's Islamic Appeasement Greatly Damaged America
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Authored by J.B. Shurk via American Thinker,
Last week, President George W. Bush sat down with his former secretary of state, Condoleezza Rice, to discuss the September 11, 2001, Islamic terror attacks on the United States. While reflecting on his actions twenty-five years earlier, Bush went out of his way to defend Islam: "I also made it clear that Islam was a religion of peace, not a religion of war, and that these people subverted their religion." Bush's absurd statement echoed a similarly absurd...
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