Commentary

Market Summary: June 6,2021

Jun 07, 2021

Petroleum prices reached two-year highs, gaining for the second consecutive week and fifth in the last six. Continuing expectations of demand recovery, a strong report from the EIA regarding demand increases for the balance of 2021 and evidence... more

Notes From Underground: An Open Letter To the G-7

Jun 04, 2021

Every G-7 or G-20 meeting homage is paid to the idea of free markets via the market driven value of each nation’s currency. This is hogwash of the highest order in the world of central bank asset purchase programs. The clarion call is that QE is... more

Crude Oil Looks Bullish

Jun 04, 2021

On April 20, 2020, nearby NYMEX futures did what few market participants believed possible. Not only did the price of a barrel of West Texas Intermediate drop below zero during the delivery period, but it also fell to a low of negative $40.32.... more

Market Summary: May 30, 2021

Jun 01, 2021

Petroleum prices increased for a fourth week in five, touching 31 month highs on Thursday before easing at week’s end. Accelerating demand growth in the US linked to improving economic barometers, constructive inventory reports, the start of... more

Notes From Underground: To Russia With Love (Or Blinken Blinked)

May 24, 2021

Ten days ago, we published a blog post titled, “Sanctions Are Sanctimonious.” And lo and behold, this past week the U.S. moved to remove sanctions on the completion of the NORDSTREAM 2 pipeline, allowing Russian gas to flow freely and... more

Market Summary: May 23, 2021

May 24, 2021

Petroleum prices experienced their largest weekly drop since March, falling for the first week in four primarily due to the emerging view that Iranian supplies will increase amid reports of progress in diplomatic discussions in Vienna that may... more

Notes From Underground: Is the Fed In a War?

May 17, 2021

I pose this question as a challenge to all of those traders and investors, and a call to action. There is so much discussion about the onset of inflation but do the inflationists have the fortitude to attack the FED where it hurts: the... more

Market Summary: May 16, 2021

May 17, 2021

Petroleum prices increased for a third consecutive week. The Colonial Pipeline reopened after six days of closure due to a cyberattack from eastern European hackers that disrupted flows of refined product in all three PADD districts affected by... more

The Roundtable Insight – Dr. Marc Faber and Yra Harris on the Economy, Geo Political Risks and Investing

May 12, 2021

Presented by Financial Repression Authority.

‌‍‍‍‍
CQG Integrated Client
Get a 2-week free trial

Notes From Underground: SIN or WIN, It’s a Generational Thing

May 12, 2021

In 1976, when I was beginning my long march toward acquiring knowledge to analyze markets Gerald Ford was running for reelection. Inflation was gaining strength so the FORD campaign was bent on making America believe that he had the... more