Tag Archives: gold

Is Oil Close to a Tradable Bottom?

By all accounts, the world is awash with oil: production remains high while demand is softening along with the global economy. This has led many observers to forecast further declines in oil from the current price (in USD) of around … Continue reading

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The Rehypothecation of Gold, and Why It Matters

Claiming to own X quantity of gold is one thing, and reporting how many times the gold has been pledged as collateral is another. When correspondent Scott A. Batten offered to write an explanation of the rehypothecation of gold and … Continue reading

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Wedges and Triangles: Big Move Ahead?

The central bank high is euphoric, the crash and burn equally epic. Just out of curiosity, I called up a few charts of key markets: stocks (the S&P 500), volatility (VIX), gold and the U.S. dollar (UUP, an exchange-traded fund … Continue reading

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What Is the Gold-Oil Ratio Telling Us?

Based on historical gold-oil ratios, oil appears extraordinarily cheap right now. One way to establish if a commodity or asset is relatively expensive or inexpensive is to price it in something other than a fiat currency–for example, gold. Gold goes … Continue reading

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Why Are Food Prices so High? Because We’re Eating Oil

Regardless of what we eat, we’re actually eating oil. Anyone who buys their own groceries¬†(as opposed to having a full-time cook handle such mundane chores)¬†knows that the cost of basic foods keeps rising, despite the official claims that inflation is … Continue reading

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