From the monthly archives:

June 2008

Are American Financial Markets Headed for a B…

by Sean Brodrick on June 29, 2008

Man, I’ve been busy with my new oil report. I just had some time today to kick back and read some stories.  Check out this first one …
Investment Bank Fortis Expects Complete Breakdown of the American Financial Markets Within Days or Weeks RUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American financial [...]

News for Thursday — Gold, Oil & More

by Sean Brodrick on June 26, 2008

I’m very busy putting the finishing touches on my new oil report. which comes out July 1. Here are a few things to read …
Tim Iacono over at Seeking Alpha wonders if gold is about to make its next big move higher. And he has chart eye-candy …
Are we really heading for a [...]

Charts and News for Wednesday

by Sean Brodrick on June 25, 2008

Slate has a good story on Peak Oil with lots of stats: Barrel Fever.
Personally, I can’t wait to see what the International Energy Agency comes up with in its comprehensive assessment of the world’s top 400 oil fields. From last month’s Wall Street Journal …
For several years, the IEA has predicted that [...]

Fed’s announcement meaningless!

by Larry Edelson on June 24, 2008

As I expected, the Fed announced today that they would hold interest rates steady. Also, as I expected, they talked a bit tougher on inflation. But that’s all it is – talk! 
While there are likely to be loads of market swings this afternoon and tomorrow, the bottom line is this: Nothing the Fed said will change the [...]

Fed’s announcement meaningless!

by Larry Edelson on June 24, 2008

As I expected, the Fed announced today that they would hold interest rates steady. Also, as I expected, they talked a bit tougher on inflation. But that’s all it is – talk! 
While there are likely to be loads of market swings this afternoon and tomorrow, the bottom line is this: Nothing the Fed said will change the [...]

Tuesday News Roundup

by Sean Brodrick on June 24, 2008

The EPI notes that income inequality in the US continues to widen like the Grand Canyon. This is just the gap between the top 0.1% and the top 1%. Wow!
Here’s an interesting read: Apparently Insane Moments in the Commodities Trade. The author looks at the Saudis’ bizarre experiment with growing wheat in the [...]

Keep your eyes on sugar, cocoa, and cotton. T…

by Larry Edelson on June 24, 2008

Right now my models show that sugar, cocoa, and cotton are about to take off like a rocket …
— Sugar is already up some 34% for the two weeks ended June 20th and is about to explode higher.
— Cocoa is exploding higher NOW, hitting a 28-year high last week.
— Cotton is about [...]

Keep your eyes on sugar, cocoa, and cotton. T…

by Larry Edelson on June 24, 2008

Right now my models show that sugar, cocoa, and cotton are about to take off like a rocket …
— Sugar is already up some 34% for the two weeks ended June 20th and is about to explode higher.
— Cocoa is exploding higher NOW, hitting a 28-year high last week.
— Cotton is about [...]

Happy Monday — Oil & Gold Charts & News You…

by Sean Brodrick on June 23, 2008

And here is the news …
Oil Rises as Saudi Plan to Pump More Fails to Ease Nigeria Supply Concern Oil rose to within $3 of a record on speculation Saudi Arabia’s output increase may not raise global supply after an Chevron Corp. pipeline was blown up in Nigeria and a North Sea platform [...]

Yes, We Have No Ethanol

by Sean Brodrick on June 19, 2008

Check out this “no ethanol” sign at a gas station in New York. That’s because ethanol contains less bang for your buck than gasoline.
I went to Orlando and back last weekend with my family of four in a Honda CRV fueled with a 10% ethanol blend — and our gas mileage was a [...]