The members of the most powerful financial body in the world (U.S. Federal Reserve Committee) are spending hours on end obsessing over two words: “considerable time.” I kid you not. You can read the minutes from the last FOMC meeting here for yourself. You’ll notice that the longest paragraph by far consists of a debate over whether…
Crude oil is more oversold by monthly RSI than it was in either 2008 or 2001. Amazing. Now if only my oil man will get the memo. My suspicion is that these guys are dragging their feet, wink wink, nudge nudge. Maybe expecting a bounce just around the corner?
As many of you are no doubt already aware, I have been tracking the trends in the nation’s oil inventories over the past several weeks. Unfortunately, other matters prevented me from posting an update last week so this article will discuss the past two reports from the U.S. Energy Information Administration. One of the most…
Policy Change Coming Next Week? In Tuesday’s Wall Street Journal, a reporter with excellent contacts at the Fed, Jon Hilsenrath, penned the following: Federal Reserve officials are seriously considering an important shift in tone at their policy meeting next week: dropping an assurance that short-term interest rates will stay near zero for a “considerable time” as…
The end of the year is closing in once again. In 2013 this was a good time to buy gold and gold mining stocks. After a strong start in 2014 the sector took another dive, but recently the precious metal has been working hard on its comeback. According Jeff Clark this is also the start…
It’s been three months since I’ve commented on gold (GLD) and gold stocks (GDX). The reason is that precious metals have mostly been falling and momentum on both StockTwits and Twitter haven’t painted a clear picture. The indicators show that traders have been chasing and sentiment gold is currently based more on emotion than anything…
The following is an excerpt from John Burke at Wall St. Sector Selector In this space, we frequently focus on investments which can be solid sources of dividends payments for retired investors. With Treasury bonds paying such low yields, retired investors measure their “bang for the buck” by comparing the dividend yields of various investments….
What is fracking? Fracking is the process of injecting liquid at high pressure into subterranean rocks, fissures, etc., in order to force them open and allow more oil and gas to flow out of the formation, allowing it to be extracted at greater volumes. Are you aware that fracking stocks are down 40% in just over 5…
Chen Lin was one of the very few who foresaw the collapse in oil prices, so investors are well advised to pay attention to his advice. In this interview with The Energy Report, the author of the “What is Chen Buying?” ,”What is Chen Selling?” newsletter touts the prospects of a few oil companies that can prosper in…
Golf-clap, Janet… you really messed this one up… With RBS exiting the “dead” Japanese bond market, is the US Treasury market next for the death of liquidity? Source: @NanexLLC
