It seems that the bottom has fallen out of the energy market. Crude oil, specifically, is trading with a 20 handle for the first time since more than a decade. From the top in the summer of 2014 to today’s bottom, crude has lost 74%. That is the most aggressive...
If anything, markets are driven by emotions and cycles. Up and down trends to become irrational, at the end of the cycle. Take commodities as an example, the sell off in recent years has become quite irrational. The chart says it all: note the slope of the downtrend,...
It is the time of the year to look into the next year, and identify the major issues and challenges. We believe investors should be watching the following 3 themes very closely. 1. Debt Bubble and Currency Wars The global governement debt currently stands at $62...
Let’s look at two ratios in this article: the stocks to commodities ratio, as well as the stocks to gold miners ratio. The ratio of stocks to commodities has reached another all-time high, much ‘worse’ than the one of the previous down cycle in 1999...
Demand for silver coins is truly exploding, especially in the last couple of months. Let’s look at demand in two of the most important mints worldwide. The U.S. Mint is certainly the bellwether for coin demand, as it’s among the largest mints worldwide. As...