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I recorded a podcast with Daniel Ammann, author of The King of Oil, a biography of physical commodity trader Marc Rich. Ammann is Editor at Die Weltwoche, a German-language weekly paper in Zurich. His book is excellent and I highly recommend it.
Readers will learn much about the physical commodities markets, as opposed to the “paper” markets of commodity futures. More importantly, they will learn a very different side of Marc Rich that has not made it’s way through the American media as did President Clinton’s pardon.




















Highly interesting interview. Thank you. I guess I will read this book. Stephen.
[...] Related Topics Marc Rich: The King of Oil [...]
[...] You can hear a podcast interview I did with Daniel Ammann [...]
[...] can hear a podcast interview I did with Daniel Ammann on his book, The King of [...]
Another interesting paradox was that Glencore frequently supplied metal to the US Mint.
Another interesting paradox was that Glencore frequently supplied metal to the US Mint
I take it back I wrote Glencore but it was Clarendon
Haha. That would have been too funny. Thanks for commenting! Michael
[...] Marc Rich would only buy if he had another buyer lined up. [...]
[...] threats are concerned in the Middle East. And as reported in Daniel Ammann’s new book, The King of Oil, Israel got 60-90% of its oil from Iran at a time that they weren’t officially recognized [...]
[...] they are “hit or miss.” And as reported in Daniel Ammann’s new book, The King of Oil, Israel got 60-90% of its oil from Iran at a time that they weren’t officially [...]
[...] at best they are “hit or miss.” And as reported in Daniel Ammann’s new book, The King of Oil, Israel got 60-90% of its oil from Iran at a time that they weren’t officially recognized [...]