Commodities
Gold Volatility Is Near A Historical Low, Is It Time To Buy?
Investor complacency is hitting record low levels which likely foreshadows a shock to the capital markets system. The issue stems from the divergence in economic growth between the U.S. and other developed countries. As the U.S. enters the final stages of this economic cycle, conflicting issues are generating headwinds and tail winds for the markets. […]
Investors Facing Crude Facts
Shell-shocked investors are shifting their attention away from tariffs to the world’s most important commodity — crude oil. The U.S. and China are locked in a brutal struggle on trade policy, but they agree on at least one thing: they’d like to see lower oil prices. President Trump recently declared as much, complaining in a tweet […]
Gold Demand: On The Rise In China
The Singapore Gold Exchange (SGE) released its May numbers, and they’re impressive. Gold withdrawals in May rose 9% over last year, meaning people (or banks, or governments…) still want gold. If you factor in Hong Kong, which is accounted for separately, you’ll see even more gold demand from China. And not only do they want […]
Cadillac Desert: America’s Fresh Water Crisis
Thirty years after Marc Reisner penned Cadillac Desert: The American West and Its Disappearing Water, his prophesy is being fulfilled. As the chalky rings which mark previous higher water levels around Colorado River reservoirs grow ever wider, Grist reports that major disputes are now afoot over the remaining water supply. Modern economists have long told us not […]
Gold News: GLD Has A Million-Share Minute
In case you were sleeping Friday, or out enjoying some sunshine, the biggest single trade in GLD history crossed the wires at 1:22 PM. For market watchers, seeing this gold news in real time was an interesting experience. A normal sleepy Friday trading in the gold world, then all of a sudden a huge volume spike, followed […]
Oil Is Breaking Out, How About Oil Company Stocks?
In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]
Opportunity: Gold On The Move
Paper assets are struggling this year. Both the S&P 500 and 10-year Treasurys are down around 3%. Meanwhile, gold prices are on the move. Shares of the SPDR Gold Trust (NYSE: GLD) are up nearly 4% in 2018. And I’m forecasting another 7%-plus gain over the next two months. The once-loved precious metal was left for dead for the […]
Should Retirement Investors Add A Little Gold Just In Case?
The US Debt Clock tells us our national debt is around $21 trillion. Social Security promises are approaching $17 trillion – included in the “unfunded” government promises – over $112 trillion. Despite government mandated Cost of Living Increases, our recent article, “An Inconvenient Truth About Social Security” clearly indicates Social Security recipients have no inflation protection. Each month, seniors and savers […]
Gold Prices: Rebounding On Trade War Fears
Gold prices popped overnight as fears of a trade war grew. President Trump, in a moment that will likely come back to haunt him, tweeted “Trade wars are good, and easy to win.” In response, traders sold US dollars and bought some gold. You can clearly see the moment on the 5-day chart of GLD (bars) compared […]
9 Best Energy Stocks To Own Before Earnings
Earnings season is in full swing, and at the sector level, 100% of the S&P 500 companies in the Energy and Utilities sectors are reporting earnings above estimates. So far this earnings season, energy stocks are the real winners. The Energy sector is also reporting the largest upside aggregate difference between actual earnings and estimated earnings (+13.1%). […]
