Authored by Mike Shedlock via MishTalk.com, Everything has gone right for homebuilders for a long time. How much better can things get? $SPHB S&P 500 Homebuilder Index courtesy of StockCharts.Com, annotations by Mish What […]
Authored by Alasdair Macleod via GoldMoney.com, Last week in my Goldmoney Insight, I analysed the rationale for a new gold backed trade settlement currency on the agenda of the BRICS summit in Johannesburg on 22–24 […]
Volatility is still weighing on oil markets, U.S. Energy Secretary Jennifer Granholm said Saturday, reiterating calls for additional supplies. Jennifer Granholm said she expects oil demand in the U.S. to increase to 12.5 million barrels […]
Authored by Mike Shedlock via MishTalk.com, Even if you are 100% convinced in man-made climate change, the idea the EV’s will help reduce CO2 emissions is nonsense… The Impossible Dream Hello climate change advocates, […]
ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad […]
BBC Panorama global warming documentary made a number of false claims Wild Weather, presented by climate editor Justin Rowlatt, said deaths worldwide were rising due to extreme weather caused by climate change It said Madagascar […]
A recent barter deal under which Iraq agreed to supply Iran with crude oil and fuel oil in exchange for Iranian gas, points to Iraq’s frustration with US sanctions that make it difficult to pay […]
Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in […]
China is confident it can get through a hot summer of record temperatures and soaring power demand without experiencing major blackouts, authorities say. Coal reserves at coal-fired power plants were at record-high levels as of […]
Net long positions in WTI and Brent jumped by most in three months in the period from July 3 to July 11. Even if the recent Saudi moves didn’t result in major price rallies in […]
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