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Silver is up 29.6%, gold is up 15.1%, and the Bloomberg Industrial Metals Index (including copper, aluminum, zinc, nickel, and lead) is up 17.7%. All three have bested the S&P 500 (+11.8%), Russell 2000 (+2.6%), the Bloomberg Aggregate Bond Index (-1.4%), US REITs (-2.7%), and treasury inflation-protected securities (TIPS) (-0.02%) returns year to date ...
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Australian independent Santos has signed a 10-year LNG supply and purchase agreement (SPA) with Japanese utility Hokkaido Gas with shipments starting in 2027. The SPA will deliver around 400,000 t/yr from across Santos' portfolio on a des basis, which chief executive Kevin Gallagher described as a "significant step" in developing Santos' equity LNG ...