Category Archives: Crude Oil

Week in Review

Posted on February 21, 2011 by macromon

As we suspected, emerging equities bounced nicely last week with Brazil and Hong Kong leading the major indices, both up over 3 percent.   Developed equity markets continued to move higher with France now up close to 10 percent for the … Continue reading →

Posted in Apple, Bonds, Charts, Crude Oil, Currency, Equities, Week in Review | Tagged , , , , , , | 3 Comments

Deep US-Saudi rift over Egypt – Debka

Posted on February 10, 2011 by macromon

Another must read from Debka.  These guys give a good inside scoop of what’s happening and explains why Mubarak is not stepping down and it’s not good, The conversation between President Barack Obama and Saudi King Abdullah early Thursday, Feb. … Continue reading →

Posted in Commodities, Crude Oil, Egypt, Energy, Geopolitical, Gold | Tagged , , | 1 Comment

Sarkozy and G20 to Crackdown on Food Specs

Posted on February 10, 2011 by macromon

The following is an excerpt from the recently released European Commission report on commodity derivatives   The two charts, from the St. Louis Fed,  illustrate the parabolic rise in Commodity Index-Funds  over the past 8 years and the huge increase … Continue reading →

Posted in Commodities, Crude Oil, Food Prices, Policy | Tagged , , | Leave a comment

Quote of the Day

Posted on February 9, 2011 by macromon

The Stone Age did not end because of lack of stones, and the Oil Age will end soon and not because of lack of oil. –  Sheik Ahmed Yamani, 2000 Saudi Arabia

Posted in Crude Oil, Quote of the Day | Tagged , | 1 Comment

Real Gas Prices Approaching 1918 Peak

Posted on February 8, 2011 by macromon

Yes, 1918!  This is one incredible chart from the American Petroleum Institute illustrating the secular decline in real gas prices for the past century with episodes of periodic price spikes, which lasted a decade or so. So what was it … Continue reading →

Posted in BRICs, Charts, China, Commodities, Crude Oil, Monetary Policy, Real Estate | Tagged , , | 2 Comments

Au revoir, Hosni?

Posted on February 4, 2011 by macromon

The crude and gold market are certainly trading as if Mubarak will be out before the weekend is over.  We heard an oil trader say that if democracy breaks out in Egypt, i.e., Mubarak is forced out, it would be … Continue reading →

Posted in Crude Oil, Egypt, Geopolitical, Video | Tagged , , | Leave a comment

The Crude Top 15

Posted on February 2, 2011 by macromon

The following “Top 15 tables” from the E.I.A. provide a comprehensive geopolitical perspective of the crude oil market.  You can see who is benefiting and who is taking pain from the increase in crude oil prices.   The data are from … Continue reading →

Posted in Charts, Commodities, Crude Oil, Geopolitical | Tagged , , , | Leave a comment

The Week in Review: BRICs to FRICs?

Posted on January 22, 2011 by macromon

Vive la France! Who would of “thunk” it? The French CAC outperforming India by 13 percent in the first three weeks of the year? Will Goldie’s Jim O’Neill now replace Brazil with France in the BRIC countries and rename the … Continue reading →

Posted in Budget Deficit, Charts, China, Crude Oil, Economics, Equities, Gold, Monetary Policy, Sovereign Debt, Week in Review | Tagged , , , , , | Leave a comment

Monetarism Redefined: Crude, Fine Wine & Gold

Posted on January 20, 2011 by macromon

“Inflation is Always and Everywhere a Monetary Phenomenon” – Milton Freidman Monetarism as a theory, which states that the variation in the money supply has major influences on national output in the short run and the price level over longer … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, Budget Deficit, Charts, China, Commodities, Credit, Crude Oil, Currency, Economics, Monetary Policy | Tagged , , , | 3 Comments

Shanghai Breaks 200-day, Commodites Next to Roll?

Posted on January 17, 2011 by macromon

During the 1990’s when the emerging markets were still emerging a friend of ours wrote a research report on pre-restructured busted Russian debt titled, No Rush to Buy, No Russians Buying.  The point was the Russians knew the prospects for … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, Budget Deficit, China, Commodities, Crude Oil, Currency, Economics, Geopolitical, Monetary Policy | Tagged , , | 3 Comments