Oil

[sumdumguy]

I was just today shaking the bushes on GIC rates and the GIC rates are down a 3/4 to a full percentage point in anticipation of declining rates. The annual inflation rate must be in the vicinity of 20% not 5%. You are correctamondo that the zero interest rates have done nothing but fuel runaway inflation and consumer debt.

[wheatking16]

We anticipated lower rates and a pullback in the S&P in the short-term and a few of us moved investor class strategy accounts to cash at year-end. We are constantly reassessing and not sure of the duration of this position but that is what see today. Subject to change or course.

[errolanderson]

Shanghai and Hong Kong stock markets absolutely getting crushed in 2024. Apparently CSI 300 index collapse have Chinese investors racing into Japanese ETFs.

Where there is smoke . . . .

[biglentil]

Cpi print higher than expected, kiss rate cuts good bye.
Timely articles on Oilprice.com.

[shtferbrains]

Escalation as US and GB are taking out Houthis missile sites in Yemen.

"On Jan. 11 at 2:30 a.m. (Sanaa time), U.S. Central Command forces, in coordination with the United Kingdom, and support from Australia, Canada, the Netherlands, and Bahrain conducted joint strikes on Houthi targets to degrade their capability....."

[makar]

A dollar up is a surge, who writes this crap, canola traders?

[errolanderson]

Strong Alberta oil movement and U.S. record exports . . . .

[biglentil]

Uranium ripping higher $100/lb this morning was just $25/lb Jan2020.

[errolanderson]

Apparently, Alberta is the 3rd largest oil producer in the world (according to media). And Alberta production greater than that of China. Can you just imagine the LNG export potential? U.S. LNG exports now booming . . . .

[furrowtickler]

Uranium ripping higher $100/lb this morning was just $25/lb Jan2020.

When I went fishing this summer up at Key Lake mine the activity was the highest ever seen . They seen this coming . Great to see
nuclear can not be ignored as the powers at be want to destroy the petroleum industry in favour of taking over your total energy dollar