Today, everyone has moved off those two stories a bit. We're expecting a build in crude, so it's hard to simultaneously say crude is desperately short and U.S. stocks continue to build. |
U.S. gasoline may be rattling people's cages. We're going to see another steep draw. That, Nigeria and Iran are the market's three hot buttons right now. |
We continue to see fund action. They are coming in across the basket of commodities. |
We find in a number of provincial centres where people are setting up galleries, they can have no idea what to charge for commission or the business of running a gallery, let alone documentation for the artist. So this booklet is a guideline for what you should provide for the artist. |
We get involved in long-term representation of people. Which means becoming very involved in their lives and offering ongoing representation even when works aren't selling. |
We had a much lower-than-expected build in natural gas supplies in the U.S. last week and this is also adding to general nervousness. |
We have been getting a massive injection (of investment fund money) in the energy markets. It is very clear from the price action that they haven't stopped. |
We notice oil has been rallying at the same time as copper and gold. That we think has to do with the funds. |
We're just going from U.S. market report to U.S. market report. |
We've been rallying on the weather and on short-covering ahead of Thanksgiving in the States. |
We've gone from comfortable U.S. gasoline stocks to average and seem to be heading very clearly toward the low of the range. The market is worried about that. |
We've had two hurricanes hit the Gulf coast already, |
When the oil market notices that China is back, and remembers the fire that China's exploding oil demand lit under prices last year, the 'China factor' alone should be sufficient to floor near-term prices. |
While they want to prevent pollution but they also want to prevent chaos. |