Commodities
Do Oil Prices Predict An Economic Recovery?
Ever pay attention to the oil future prices you see every day on CNBC? If you don’t, you might want to start taking a closer look. They can tell you a lot about the health of the economy. In fact, you may be able to see a shift in the economy before the crowd sees […]
Flip “The Bird” At Big Oil
The oil spill in the Gulf of Mexico is just disgusting. The environmental damage being done is unfathomable… and the economic destruction will be even worse. You can’t escape the news. The shorelines of the coast are being blackened. Birds are coated from head to toe in the sludgy oil. And who knows what’s happening […]
An Insider’s View On Commodity Prices
I know many of you are avid stock traders. You monitor the markets like a hawk. You’ve figured out your entry and exit points, and you have a strategy in place. But now, let me ask you a question. How often do you look at commodity news? Every day? Once a week? Once a month? […]
Follow The Footsteps Of An Oil Billionaire
I’m in my car doing about 70 miles an hour on Interstate 17. The radio was softly playing a nice jazz piece. My windows were down a bit, I was enjoying the breeze, and the cool air. I’d spent the morning in Flagstaff helping open up the mountain cabin for the season. Every spring we […]
Is This Toxic To The U.S. Economy?
In recent weeks, I’ve been discussing the oil market. I’ve been talking about peak oil theory and its potential impact. I’ve also been pointing out the short term bearish fundamentals for oil. Strangely enough, the market is ignoring the fundamentals. Oil recently hit a 52-week high of just over $87 a barrel. I believe current […]
Another Moon Shot For “Texas Tea”?
Just last week I was writing about crude oil. I talked about the importance of crude for world economies. We also talked about peak oil theory and its affect on oil prices. Now obviously, there are other important factors affecting oil prices besides “peak oil” theory. Current supply/demand figures, along with economic growth rates (GDP), […]
Will Black Gold Make Investors Rich?
You may remember these lyrics to the old sitcom from the 1960s “The Beverly Hillbillies”. “Come and listen to a story about a man named Jed A poor mountaineer, barely kept his family fed, Then one day he was shootin’ at some food, And up through the ground came a bubblin’ crude. Oil that is, […]
A Good Relationship Gone Bad…
Sometimes relationships hold strong for the long haul… and sometimes good relationships take a turn for the worst. Like a budding romantic relationship, the relationship between the U.S. Dollar and commodities is complex. You see, the financial media (CNBC and the like) will tell you a rise in the dollar translates directly into cheaper commodity […]
He Lied Right To My Face!
The stock market has always had a seedy underbelly. Less than desirable characters are always trying to make a quick buck off the uneducated and inexperienced. Just look at Bernie Madoff or Jeff Skilling of Enron fame. Both these guys would steal candy from a baby if it could make them money. Some con men […]