Commodities
An OPEC Deal Extension Isn’t As Simple As It Sounds
It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. The deal–initially aired as ‘an agreement to agree on a deal’ in September and signed at the end of November—will […]
The 3 Best Oil Stocks To Buy For Retirement Investors
Oil stocks are not typically considered ideal stocks for retirement, but these stocks fit the bill Oil stocks might not normally be what you’d consider ideal stocks for retirement. Energy prices are notoriously volatile and cyclical, and those aren’t qualities you usually want to see in a retirement stock. I wouldn’t want the comfort of […]
Gold’s Recent Bounce Is Temporary: The Trend Is Still Down In 2017 (And Beyond)
Twenty-two radio interviews for the new book, 10 of them live. At this point, my voice is tired. So are gold sellers. Gold peaked at $1,934 in September of 2011 – the last major commodity to peak in the 30-year cycle that first peaked in mid-2008. Silver peaked in late April 2011, after retesting its […]
Trump Could Fuel A Nuclear Energy Boom In 2017
With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy. While there have been some oversupply issues […]
Oil Price Frenzy: Big Opportunity Or Sucker’s Bet?
Wall Street is giddy over the latest oil price bounce, but you should be leery. The energy market has played Lucy-with-the-football before. Crude oil surged last Wednesday after the Organization of Petroleum Exporting Countries (OPEC) reached an agreement to curtail production by 1.2 million barrels a day. OPEC currently produces 33.6 million barrels a day, […]