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Iron Ore Tumbles As China Steel-Producing Hub Found Lying About Production Cuts

Iron Ore Tumbles As China Steel-Producing Hub Found Lying About Production Cuts

Very much like the self-imposed output cut by OPEC and non-OPEC members which successfully boosted the price of crude over $50 even if global crude inventories "inexplicably" continue to hit new all time highs, one of the main reasons why commodity metal prices have seen a dramatic increase in prices over the past year has been China's solemn vow to cut back on overcapacity and excess production.

A View We Don’t Often Hear

A View We Don’t Often Hear

Little wonder some of you prefer the Koch brothers propaganda. No global warming is a much happier story. I like it better myself. From a reader:

Hi Paul,

Right you are. The Arctic sea ice is steadily diminishing, the temperature of the Arctic seas is steadily rising. and if these trends continue, some near future month or year, there will be a sudden, massive eruption of gigatons of methane from the Arctic region into the atmosphere.

Global Warming Wrapup

Global Warming Wrapup

The mental convolutions in which some will engage in order to ignore the evidence that the polar ice caps are melting—and if not from warming from what?—is as astounding as the convolutions and denial of basic facts that characterize those who believe the government’s official 9/11 fairy tale.

Global Warming Is Real Say the Academies of Sciences of All of the Major Countries, But a Handful of my Readers Know Better

Global Warming Is Real Say the Academies of Sciences of All of the Major Countries, But a Handful of my Readers Know Better

Paul Craig Roberts

I am fortunate in having readers who look after me. Some have offered me refuge in their countries and their homes from what they expect otherwise will inevitably be the midnight knock on my door. Others correct my mistakes from typos to content. As I have never considered myself infallible, I carefully read what they have to say.

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