Jim Rogers is a bit odd (sorry Jim) in some ways, but a pretty sharp crayon when it comes to the markets. First off, I apologize about the crappy quality of this video, I think someone filmed their TV, yuck. But, it is timely since it is from yesterday, and he has some pretty interesting [...]
Archive for the ‘Oil’ Category
5 min run-down on commodities, Fed, USD etc from Jim Rogers
Posted in Commodities, Fed, Oil, U.S. stocks, tagged Commodities, dollar, Fed, federal reserve, forex, interview, jim rogers, Oil, usd on December 5, 2007 | No Comments »
$100 oil and the major pairs
Posted in Euro, Oil, U.S. dollar, tagged Commodities, dollar, eur, Euro, forex, Oil, usd on November 21, 2007 | 1 Comment »
Quick, what’s a technical implication of big fat round numbers (like 100)? The answer is that they often serve as support or resistance. This morning oil is at about $97/barrel.
Here’s the deal: as oil goes higher, the dollar tends to head lower, and vice versa. So effectively the buck is near some [...]
“Best of” the weekend’s OPEC mtg, the scoop on oil
Posted in British pound, Canadian dollar, Oil, tagged forex, Oil, loonie, chavez, Ahmadinejad, freak shows, freak boats, freaks of nature, loonies on November 19, 2007 | No Comments »
In addition to being interesting and informative for trading, the OPEC meeting sure was entertaining! I mean, what do you expect with a couple of freak-shows like Hugo Chavez (Venezuela) and Mahmoud Ahmadinejad (Iran) running around? *note, no offense if you’re a big fan of either, they were just trying [...]
Oil, supply downtrend (with resistance!) + long term loonie
Posted in British pound, Canadian dollar, Euro, Oil, tagged cad, Canadian dollar, eur, Euro, forex, gbp, loonie, Oil, oil supply, pound, run for the hills the sky is falling the sky is falling on October 14, 2007 | No Comments »
Came across a really interesting article. Most of us have heard the theory that oil production is peaking soon (like, possibly by the end of this decade) which demand increases. Here is an article which documents it and tries to make the case, so if you’re bored and want to see with your own eyes [...]
Japanese oil companies paying for Iranian oil in yen??
Posted in Funny, Japanese yen, Oil, U.S. dollar, tagged dollar, forex, funny iranian policewomen scaling down a wall for the k, iran, jpy, Oil, politics, usd, yen on October 10, 2007 | No Comments »
Here’s how this works. Usually, oil is denominated in USD, meaning any random country pays an oil exporting country in greenbacks. However, it’s recently been disclosed that a couple of Japanese oil companies (Japan Energy Corp, the 6th largest, and Cosmo Oil Company - yes, that’s really the name) are buying Iranian oil [...]
