Investors are recognizing some extra risk in markets and want protection. Gold, and more recently silver, have been a big hit. Amrith Ramkumar writes in The Wall Street Journal of silver's drive to a nearly four-year high: Both gold and silver tend to attract investors when money managers are skittish about the global economy and seeking alternatives to stocks and bonds. They continue to attract investors who expect a bumpy economic recovery in the years ahead. Meanwhile, ultralow bond yields continue to make precious metals more appealing to investors because the metals don’t offer any … [Read more...]
Silver Still has Room to Run
Silver has caught fire since hitting a low in mid-March. The iShares Silver ETF has soared 75% since March 18th. That may not beat the mega-cap tech stocks that look more and more like a bubble every day, but it's still a compelling move. And, silver may have a lot more room to run. If the ratio of gold to silver reverts to its long-term average versus gold, silver prices could rise another 65%, assuming no change in the price of gold. … [Read more...]
What Is Going to Happen to Oil Prices?
Oil prices recently traded at less than $0/barrel. In 2008, prices were over $120/barrel. What is going to happen to prices for oil in the future? Joe Wallace examines the market in The Wall Street Journal, writing: Some think the bust will set in motion a boom, predicting that investment in oil-and-gas production will dry up and propel crude prices back above $100 a barrel. “That funding pressure is going to be massive. It’s going to be really difficult for some of the producers to produce,” said Trevor Woods, chief investment officer of Ohio-based hedge fund Northern Trace Capital. “We … [Read more...]
Here Comes the Milkman
Customers eager for delivered products are driving a resurgence in a long-dying business, milk delivery. Rachel Feintzeig reports for the Wall Street Journal: The glass bottles are gone. The cream-topped milk of yore has been replaced by oat milk, almond milk and even a Snickers-flavored drink. But the milkman is back, summoned by customers eager for home delivery in a world changed by pandemic. At Wade’s Dairy in Bridgeport, Conn., the novel coronavirus has turned demand on its head and opened the door to a new—old—business idea. Wade’s had previously spent a century offering home … [Read more...]
Oil Demand Recovery as the World Reopens
The Wall Street Journal reports that oil demand is rising again as the world reopens after its coronavirus induced shutdown, writing: Oil consumption is rising again in those parts of the world emerging from coronavirus lockdowns, helping to alleviate a global glut and rebalance a market stymied by months of low demand and a devastating rout that saw prices drop as much as two-thirds this year. Green shoots of an oil recovery are sprouting with regions of China attempting a semblance of normal life as lockdowns are eased and parts of Europe and the U.S. allow businesses to reopen. “We … [Read more...]
Why Crude Oil Could Be Immune to the Coronavirus
Cuneyt Kazokoglu explains why, despite the damage the worldwide coronavirus shutdown has done to the oil market, crude won't be killed by the virus. He writes in the FT: The coronavirus crisis has thrown the oil market out of balance and like other forecasters, we expect an unprecedented contraction in oil demand this year. But while some are arguing that we have seen the peak in 2019 with consumption never recovering, if anything, the pandemic is likely to significantly delay the structural transformation of the world’s economy away from oil. Although global consumption will fall this … [Read more...]
Your Survival Guy Thinks about: Guns and Oil Prices
Your Survival Guy thinks: When will Chief Justice Roberts’ Supreme Court protect your Second Amendment rights? Meet the new #1 gun salesman for New York. A judge has ruled that Virginia's anti-gun governor Ralph Northam overstepped his authority when he shut down gun ranges in the state via an executive order in March. A gun is a shield. It protects you. Has there ever been a more important time to own one? I put a tremendous price on my family’s peace of mind. It’s behind everything I do. Weak gun laws put peace of mind at risk. Blue-chip dividend paying stocks may never look … [Read more...]
Gold: Insurance Against Hyperinflation
The world’s most extraordinary episode of hyperinflation happened between 1919 and 1922 in post-World War I Germany. To get the full picture of the events that led to rapid inflation by Germany’s post-World War I ruling regime, the so-called Weimar Republic, you have to go back to the Franco-Prussian War, in 1870. Prussia, a sort of proto-Germany, won the war quickly, taking only about six months to defeat France. Prussia paid for the war by taking on debt, and the short duration of hostilities and decisive victory made it relatively easy for the new Germany (created out of the … [Read more...]
Coronavirus: The Safety of America’s Food Supply Chain
Coronavirus has sparked what may be a new phenomenon in history, global panic-buying at grocery stores. Panic buying is nothing new, of course, but seeing it happen in so many countries at once is certainly rare, if not new. The world's supply chains are more intertwined than they have ever been. With a shock to the global system, many Americans might be wondering if their food supplies will be reliable. Representatives of America's food industries are confident in the supply chain today. On the East Coast, The New York Times reports: “There is food being produced. There is food in … [Read more...]
Russia & Saudi Arabia Blow up OPEC Coalition
Yesterday’s market rout was made worse by a collapse in the OPEC+ oil coalition. Saudi Arabia wanted to cut production by 1.5 million barrels per day to deal with falling demand resulting from the coronavirus. Russia didn’t like the idea, complaining that the cut would be a gift to U.S. shale producers. Without participation from Russia, Saudi Arabia decided to reverse course and pump oil all-out into a market where demand is collapsing. Anticipating more supply and much less demand, traders shaved 25% off of the price of oil on Monday. Neither country’s decision makes a lot of economic … [Read more...]
- « Previous Page
- 1
- …
- 16
- 17
- 18
- 19
- 20
- …
- 39
- Next Page »