Finance

The Bullish And Bearish Case For Oil

Oil prices could rise due to the “perfect storm of stagnant supply, geopolitical risk, and a harsh winter,” according to an April 12 note from Barclays.  Geopolitical events specifically could help keep Brent above $70 through April and May, which comes on the back of a substantial decline in oil inventories.  The investment bank significantly…

Investment Strategy: The Investor’s Creed, Revisited

Fascinating, aren’t they, these security markets of ours, with their unpredictability, promise, and unscripted daily drama. But individual investors themselves are even more interesting. We’ve become the product of a media driven culture that must have reasons, predictability, blame, scapegoats, and even that “four-letter” word, certainty. We are becoming a culture of speculators, where hindsight…

Trending Chart: HODL Chart

For those of you who like pretty charts, here’s one that’s trending in the crypto-world right now. They call it the HODL chart. The more red colors indicate more active coins whereas the bluer colors indicate coins that haven’t budged in a few years. We’ll need to assume that many of the more blue coins are ones that may…

Lock Them Up

Venezuelan military rule of the state runs oil company PDVSA took an ugly turn after the Venezuelan military arrested two Chevron workers for what they say is graft and corruption. This comes as the American Petroleum Institute (API) reports a trifecta of draws in petroleum supply, and Morgan Stanly warning that U.S. refiners have had…

Sensex Ends Day In The Red; Axis Bank Falls 2.5%

After opening the day in the green, share markets in India witnessed volatile trading activity throughout the day and ended the day in the red. Sectoral indices were mixed, with stocks in the FMCG sector and stocks in the realty sector leading the gains. At the closing bell, the BSE Sensex stood lower by 63 points (down 0.2%) and the NSE Nifty closed down by…

Indonesian SOE Ramping Up Gold And Nickel Production

Background PT Aneka Tambang Tbk is a 65%-state-owned Indonesian enterprise engaged primarily in mining, refining, and processing of metals including nickel ore, gold, silver, and bauxite. It also mines coal. It is the largest nickel producer by capacity in the country, although precious metals account for nearly 2/3 of the group’s revenue. Business Description ANTM…