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Tag Archives: oil

Market Pushes Higher Today, As Crude and Gold Stay In Focus

Market Pushes Higher Today, As Crude and Gold Stay In Focus

U.S. equity markets hit new historical records on Tuesday thanks to new statistics which surpassed the most optimistic predictions. By late morning, the Dow Jones had advanced 0.2% to 16,965.1… Read more »

Inflation Expectations Roar Post Futures Expiration

Inflation Expectations Roar Post Futures Expiration

One day before the end of the Month/Quarter and the markets were back in risk-on mode thanks to the expiration of futures contracts that had moved so much during the… Read more »

Gold and Silver on Hold Before Futures Expiration

Gold and Silver on Hold Before Futures Expiration

For those head-faked out of your hedges on Friday’s false breakout above $1780 that should have been a very strong clue that the price of Gold (AMEX:PHYS) would not be… Read more »

Gold Follows Silver For Once

Gold Follows Silver For Once

Normally when a new bullish wave within the precious metals bull market begins it is Gold (AMEX:GLD) that leads the charge.  Silver’s (AMEX:SLV) industrial characteristics usually allow it to lag… Read more »

Commodities Off Hard in Risk Off Trade

Commodities Off Hard in Risk Off Trade

Even when there’s an honest-to-gods bearish day the S&P 500 (AMEX:SPY) always seems to be down just a tiny bit while commodities get whacked with the proverbial ugly stick.  Of… Read more »

Brent Surges past $110, Equities Continue to Rally

Brent Surges past $110, Equities Continue to Rally

Since it was revealed that the Fed began normal repo operations last week after 4 years of reverse repos the equity and commodity markets have been pushing higher, albeit in… Read more »

Horrible Employment Report Sends Stocks Soaring

Horrible Employment Report Sends Stocks Soaring

The Non Farm Payroll numbers came out of the U.S. Bureau of Labor Bullsh Statistics Friday morning to report that 163,000 new jobs were created last month, which was 63k… Read more »

Iran Continues to Buck Sanctions Sells to Private Parties in EU

Iran Continues to Buck Sanctions Sells to Private Parties in EU

I’m sure Herman Van Rumpoy and company are extremely unhappy with the news that Iran has struck deals with a private consortium of refiners in Europe to sell them oil… Read more »

Gold and Oil Pop on Reality Reasserting Itself

Gold and Oil Pop on Reality Reasserting Itself

Now that the nonsensical notion that the western central banks were not going to print,baby, print to oblivion has been summarily dispensed with, gold and oil can get back to… Read more »

U.S. Backs off Sanctioning China and Singapore

U.S. Backs off Sanctioning China and Singapore

In a monumental miscalculation the U.S. State Dept. underestimated the resolve of China to defy their mandate to isolate Iran from the world trade markets.  The whole thing looks like… Read more »

Fed Extends Twist and Dollar Rally in Process

Fed Extends Twist and Dollar Rally in Process

The FOMC decided not to alter interest rates or engage in any new changes to their monetary policy at the latest 2 day meeting, of which they spent all of… Read more »

U.S. Exempts Pretty Much Everyone Except China of Iran Sanctions

U.S. Exempts Pretty Much Everyone Except China of Iran Sanctions

With the exception of Singapore (AMEX:EWS), China is the last country to not receive an exemption from sanctions set to go into effect on June 28th.  The U.S. (and their… Read more »