During the last month T Notes and Bond yields have been rising a bit. In this context Gold renewed its slow and grinding correction that started early August last year. “Inflation is here”, is one of the most tweeted messages on Twitter nowadays. Gold bears are getting more confidence that Gold is heading lower as … Continue reading Rising interest rates, inflation and Mama Gold
The longer you are participating in the financial markets, the more you going to see thru narratives that come and go. People always look for reasons why trends occur. That’s part of human nature. Often there are several narratives competing against each other causing confusion among traders and camps debating each other. The more popular … Continue reading Are renewable energy companies the ‘new Kellogg company’? Aspects of a new broad commodity bull market
The word ‘peak’ has been a favorite to place in front of commodities as oil, gold and more. There are plenty things written about peak oil, peak gold and many more. Peak oil or peak gold is suggesting scarcity by a destruction or serious shrinking of supply of a particular commodity. Now comes the irony: … Continue reading How peak government shaped the renewable energy day dream
A populair view why commodities are cheap does focus on deflation in general. Deflationists tell a story about the commodities bubble that popped in 2008, around the same time the banking crisis hit the financial markets. Maybe accurate during that time, but this is a narrative of the past. It is no longer helpful when … Continue reading Why commodities are cheap.
Corporate bonds are bought by investors for the purpose to supplement their income. Bonds are an important category of the fixed income market. This is a good time to take a look at why companies are borrowing money by selling bonds. The graph below shows in the first quarter of 2020 there’s an execrated phase … Continue reading The inevitable fate of corporate bonds; the day comes to show it are emptied bags
I came across an interview of Art Berman, an oil expert by George Gammon worth listening. Some important insights are discussed about oil that you won’t hear via highly politicalized mainstream media touting solar, wind and electric cars as ultimate longer term solutions. First I share some of my own thoughts. Energy supply and … Continue reading Insights on renewable energy and oil that you won’t hear on mainstream media.
Ongoing government and central bank interventions has transitioned the economy and financial markets into zero sum games. It means that profits are private but losses and risks are transferred to the public. Profits are made at a high cost, by putting society in a position of disadvantage. These are no longer markets based on exchange … Continue reading The madness of ‘zero sum game’ world
If there was still any doubt that western socialist governments are not in a bubble yet, well I can say that there’s no reason left over to keep that doubt alive. They are into a big bubble! In socialist paradise they usually sell you that education, health care, and other welfare programs are free. Even … Continue reading The ultimate Socialist Paradise of Free money
“NY Fed President Williams says U.S. is not ‘anywhere near’ its limits to run up debt”. Was it really a surprise that NY Fed President Williams said that the U.S. isn’t not anywhere its limit to run up debt? According my Twitter feed not. Reactions on this differenced somewhere between laughing hard, sarcasm and ‘it … Continue reading The Great Debt Excess
When I was a child I remember listing often to a song by Louis Amstrong “It’s a wonderful world”, one of my mom’s a favorite songs. Is the world wonderful and rosy as in this song or should we adjust that optimistic, rosy world view? Let me start by staying that the world is wonderful … Continue reading Thoughts on growing into an effective trader