A technical analysis of the gold and silver charts in the “Outlook for Spring 2024” were published after market close on Friday, Apr. 5 following Israel’s Apr. 1 missile strike on Iran’s Syrian consulate in Damascus. This was confirmed during the period leading to...
Crises around the world have quickened since publishing Part 1 on Jan. 22, which included many details about the petroleum market that remain applicable today. Despite an uptick in geopolitical chaos, supply chain disruptions, and apocalyptic war rhetoric, the price...
A decision in the spring of 2023 by the U.S., NATO, and allies after the fall of Bakhmut to supply Ukraine with F-16s and required logistical support was an about-face to President Biden’s previous admonition that providing offensive weapon systems would launch WW3....
The average U.S. consumer currently spends over $50 more per month for gasoline than during the highly contested presidential election in November 2020. Oil and gasoline prices spiked immediately after the election. When Biden formally moved into the Oval Office in...
Lurking behind a surge in United States government bond yields since the spring of this year are the two largest players in the market that have stopped buying U.S. Treasury debt. The Federal Reserve launched a quantitative tightening (QT) monetary policy program in...