Five Oil Guys Bet On The Price Of Oil
You can guess what happened cant you….. The key players: Ed Crooks, energy editor of Financial Times, @Ed_Crooks Chris Nelder, energy futurist and author of “Profit from the Peak,” @chrisnelder Steve Levine, Washington correspondent of Quartz and author of “The Powerhouse,” @stevelevine Russell Gold, Wall Street Journal senior energy reporter and…
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Does Nobody Look Out The Window
I have always been amazed when ships bang into things even today. It surprises me that whilst only travelling at jogging pace with unlimited visibility and the benefit of radar that they still seem to manage to hit things be it another boat. Which must be harder because it is also moving. Or simply trying to drive the…
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Charts Of Interest 20/08/15
A slightly different Charts of Interest this week as I felt that the recent events in markets deserved a little bit of commentary. All to often sudden moves in the market catch traders both tactically unaware and emotionally unprepared. There has been a single dominant theme in US markets since the first quarter of this year…
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Hedge Funds Crap At Commodity Trading As Well…..
Why is everyone surprised? When even Cargill Inc., the world’s largest grain trader, decides to liquidate its own hedge fund, that’s a sign that commodity speculators are in trouble. Hedge funds focused on raw materials lost money on average in the first half, the Newedge Commodity Trading Index shows. Diminishing investor demand spurred Cargill’s Black…
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Well…This Cant Be Good For The Gold Bugs
I have noted that over the past few months the ad’s extolling people to buy gold have disappeared from the radio and the best comment I have heard about gold lately is that its a pet rock. What does intrigue me though is that gold bugs seem to be the only people in the world…
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