After the Natgas Breakout and now Breakdown, what’s next for the volatile gas price?? Nothing can destroy an investment more than the volatile Natgas Market. In this update, I share my analysis of the natural gas inventories and why the UNG ETF is difficult to trade…
Gosh… the more I dig into things, the bigger the problems I find. Today, I will describe the U.S. Treasury BLACK HOLE. I have to tell you, while I think I have seen it all, I haven’t… LOL. Yes, I know I am a broken record, but when you see this information, it’s amazing that the U.S. Government is still open for business…
Today, Newcrest came out with its preliminary report for Q3 2023, which wasn’t pretty. With the higher energy prices during the third quarter, I expect the gold miners’ costs to increase… but how much? Also, the EIA is forecasting a decline in U.S. Shale Oil production…
If the Middle East conflict escalates, this could be very BAD NEWS for the highly leveraged financial and economic markets. It’s no wonder the gold price surged by $64 on Friday. Unfortunately, any major disruption can cause chain-reaction defaults in finance and move to the safety of hard assets…
Today’s big news was the Giant Shale Permian Merger of Exxon & Pioneer. But, why would Exxon buy Pioneer if there is BIG TROUBLE brewing in the Permian? Good question. I provide my analysis with an update on the Texas & New Mexico Permian and why Exxon overpaid dearly for Pioneer…
Should Americans or foreigners who hold U.S. Treasuries be worried?? Well, not according to Secretary of Treasury, Janet Yellen. Yesterday, she said, “There is no evidence of U.S. Treasury Market dysfunction.” If you can read through the lines… this should seriously concern people…