Wealth Creation Through Natural Resources
This afternoon’s Commitments of Traders report released by the CFTC was surprising in that we learned that small speculators actually increased net short length during the week ending January 5th and large speculators did not significantly increase net length (which … Continued
Gold finished the week strong with a nearly $40 rally between Wednesday morning and Friday’s close on the back of the Federal Reserve’s decision to keep interest rates on hold. The CFTC Commitments of Traders Report helps to explain the … Continued
WTI crude suffered an 8% spill today. The fundamental reasons are fairly straightforward (continued supply glut that has not been completely redressed despite the large price decline at the end of last year, a China stock market crash which has … Continued
During my twelve years of trading virtually every financial market and instrument imaginable I have learned that the best trades are anticipated and prepared for days, weeks, and sometimes months in advance. Moreover, the best trading setups occur when multiple … Continued
The Canadian dollar (loonie) has completely fallen apart during the month of January, moving from 1.16CAD to the USD to over 1.27CAD to the USD this morning. By currency market standards this is an ENORMOUS move which has deep ripple … Continued