For now, the markets seem to be pricing in an eventual orderly resolution of the Greek debt crisis. As long as a unified and clear solution remains elusive to the Euro Zone, euro would continue to weaken against the dollar, while gold would prosper on fear and uncertainty.
With the record retreat in crude oil prices, many consumers are expecting big retail price drops by Memorial Day weekend. But this time around, the decoupling of gasoline and crude oil would mean gasoline prices may be harder to drop.
It looks like there are more people living right next door to the U.S. Fed in the ivory tower, and just as detached from reality, when it comes to the crude and gasoline markets.
The Silver market is in a bubble stage right now. No one really knows how long this will last, whether Silver goes up another $5, 10, 20 doesn`t really matter for investors who are buying the physical metal in the form of coins because when the bubble ends they are going to be sitting on a depreciating asset.
On almost any metric applied, QE2 ends up not only falling well short of its proposed goals, but actually turns certain metrics like GDP growth negative compared with the prior quarter, and heading in the wrong direction.
The Federal Reserve has lost all credibility on Wall Street, and most of the American public with the absolute refusal to recognize the dire effects on asset prices that QE2 has created. But the refusal is part of the problem.
If you think the crude oil market has gone totally out of control in the past month or so, observe the silver market, which has basically gone parabolic the past week.
Although Kraft and Starbucks each has found new partners after their bitter breakup, surging prices of coffee (34-year high) and sugar (30-year high in Feb.) could bring margin and cost pressures in the food and coffee sector.
A broad commodity selloff was partly attributed to Goldman's rare and surprise crude oil bear call, but BofA Merrill Lynch says not so fast, while gloves are off at BarCap.
In recent years, instability in the price of energy sources and basic feedstocks — including oil and natural gas — has prompted companies to place more emphasis on supply chain market intelligence and business intelligence.
The Oil market right now looks more like a Vegas style casino, but this April WTI rollover cycle would test the long standing argument that markets are never run-over by speculators.
There were some interesting developments coming out of Libya suggest that much of the fear that Libya oil export could be offline for years or even ‘indefinitely’ seems to be somewhat hyperbole, and a bit of a red herring.
