Silver as an investment

Category Archives: Crude Oil

Citi: Here Comes The V-Shaped Rebound In Oil

Start buying oil. That’s not only this morning’s recommendation by Dennis Gartman but, as this afternoon, also Citi’s commodities team (led by OPEC’s impressario Ed Morse) which moments ago issued a report according to which crude oil markets will not only bottom, but more importantly, “investors should position now for a potential V-shaped rebound in […]

Are Russia And The Saudis Planning A Natural Gas Cartel?

Authored by Cyril Widdershoven via OilPrice.com, The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets. At the same time, Russia and Saudi continue to give indications of a possible OPEC 2.0 scenario, in which […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in […]

Shale Production Will Hit An All Time High Next Month… And That’s Just The Beginning

While the June oil production data is still pending, it is safe to say that the June oil output from US shale producers – estimated today by the EIA at 5.348mb/d – will post the first double-digit production growth since July of 2015, when oil prices tumbled and a substantial portion of US production was […]

New US Shale Play Emerges As Rig Count Rises For 21st Week In A Row

Crude production from the Lower 48 dropped marginally last week, despite rising rig counts…   And in the last week oil rig counts rose once again (21st week in a row) up 8 to 741 – highest since April 2015 – notably given the lagged response to prices, we might expect the rig count rises […]

Is $50 Oil Still Realistic?

With crude (and gasoline) prices doing nothing but tumble since OPEC announced its 'extension' deal, erasing all the hope-fuelled bounce off cycle lows, the question once again becomes, is $50 oil still realistic? Via OilPrice.com's Nick Cuningham, Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last […]

Venezuela’s “Mysterious” Bond Deal Reappears, And This Time China Wants Out

As its foreign reserves dwindle to less than $10 billion, the government of Venezuela – desperate for any kind of financial lifeline – has partnered with a Chinese brokerage to try and resell $5 billion in bonds that it initially issued at a deep discount, according to the Wall Street Journal. The brokerage, Haitong Securities […]

Asian Metals Market Update: June-01-2017

news.goldseek.com / By: Chintan Karnani, Insignia Consultants / 1 June 2017 Factors which can affect markets There are a lot of economic data releases today. There is even the US weekly crude oil inventory today. The next two days are make or break days for metals and energies. Either they rise or there will be a big […]

American Exceptionalism: Decelerating Population Growth, Accelerating Money Growth

Authored by Chris Hamilton via Econimica blog, Since 1971, and the disconnection of the dollar from a finite gold backing, the value of money (the dollar) has been determined by it's purchasing power versus the inflation of the assets to be purchased.  Thus printing more money has not necessarily created "wealth" if the assets to be purchased are […]

Commodities: Agriculture, Crude Oil, Base Metals

Agriculture, oil and base metals are in the process of making a… READ THE REST OF THE ARTICLE ON THE NEW WEBSITE: JIM ROGERS TALKS MARKETS