Silver as an investment

Category Archives: Organization of Petroleum-Exporting Countries

Deutsche Bank: “The Probability Of A Negative Shock Is High”

For the second week in a row, Deutsche Bank’s strategist Parag Thatte has a somewhat conflicted message for the bank’s clients: on one hand, he writes that positive economic surprises continue “but are getting less so”, and although the divergence between har data surprises and sentiment is diminishing the bank is somewhat confident that a […]

Oil Shorts Soar By 2nd Most In History As OPEC Hope Fades

During a week that saw WTI crude prices erase all post-OPEC-production-cut-deal gains, after the Saudis admitted 'cheating' (but rapidly back-pedalled), oil speculators added almost 80,000 contracts to their short positions – the 2nd most in 34 years.   This surge in shorts reduced the massive record net long crude positioning by the 2nd most in […]

Weekend Reading: Just Buy Everything

Authored by Lance Roberts via RealInvestmentAdvice.com, On Wednesday, as I discussed yesterday, the Fed hiked rates and despite the fact that hiking interest rates further tightens monetary policy, thereby reducing liquidity to the markets, the markets rallied anyway. With the hopes of accelerated earnings recovery being muted by falling oil prices, higher borrowing costs, and […]

Relax, Global Citizen; The CIA Is Benign & Benevolent

Authored by Pepe Escobar via Asia Times, The massive WikiLeaks Vault 7 release is an extremely important public service. It’s hard to find anyone not concerned by a secret CIA hacking program targeting virtually the whole planet – using malware capable of bypassing encryption protection on any device from iOS to Android, and from Windows to […]

Will Mid-March Madness Maul the Stock Market in 2017?

Many of the 2017 economic headwinds I’ve described will hit during the Ides of March, just as the Trump stock-market Rally shows signs of topping out. This might not be the Great Epocalypse — not all at once anyway — but a large and likely correction is looming. I think the bear is about to be let out of his cage.  Chaos emerged in emerging-market stocks last week, […]

“2017 Will Be A Tipping Point” – Why Some Think This Is The Next “Big Short”

One week ago we reported that "Mega-Bears Smell Blood As Mall REITs Tumble" in which we wrote that "just like 10 years ago, when the "big short" was putting on the RMBX trade, and to a smaller extent, its cousin the CMBX, so now too some are starting to short CMBS through the CMBX. They […]

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday’s selloff. Crude oil has continued its retreat, down 0.2% and sliding for […]

Tumbling Oil Launches Record Options Trading As “800 Million Barrels” Change Hands

With oil’s recent somnolent, low-vol levitation at their back, the number of hedge funds and other speculators who were soothed by the gradual move higher and betting on the success of OPEC reflationary strategy, had recently grown to an all time high, as seen in the chart below showing the number of long net-spec positions […]

Rising Rig Count Leads US Shale To Kill Off The OPEC-Driven Oil Price Rally

With US crude inventories at record highs and production surging higher, the ongoing oil rig count rise in America (up 8 to 617 – 8th week in a row and highest since Sept 2015) signals more 'problems' ahead for a record level of speculative long positioning in black gold. *U.S. OIL RIG COUNT UP 8 […]

“Shit’s Starting To Break” – Stock Slide Escalates Amid Copper, Credit, & Crude Carnage

One veteran macro trader summed up the markets perfectly "Shit's starting to break" – noting that 'real' macro data decoupled from stocks at the start of the year, VIX decoupled from stocks three weeks ago, EM broke over a week ago, Copper snapped last week, and now High Yield credit is breaking – stocks are […]