Energy & Commodities

Foreign Investors Can Now Get In On China’s Energy Boom

China’s state-run media giant Xinhua is reporting that the world’s second-largest economy will soon be deregulating and restructuring key sectors of its industry, including oil exploration and mining, in order to facilitate greater foreign investment in China.

“In its new ‘special management measures’ addressing foreign investment,” reports by United Press International, Beijing’s reform commission said the number of foreign investment-related restrictions will decrease from 48 to 40 items. For foreign investment into free trade “experimental” zones, China has decreased the number of restrictions from 45 to 37 items, according to Xinhua.” These bans and restrictions will be fully lifted by the end of this year….CLICK for complete article

Gold Enters A New Bull Market

Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners’ stocks, unleashing new-high psychology fueling self-feeding buying. With speculators not yet all-in and investors wildly under-deployed, gold has room to power much higher.

Gold momentum has certainly been building for a major upside breakout. Back in mid-April with gold still near $1300, I wrote an essay describing the “Gold-Bull Breakout Potential” and why it was finally coming. Then a couple weeks ago with gold in the $1330s, I published another one analyzing “Gold Surges Near Breakout”. For several years higher lows had slowly compressed gold ever closer to surging over resistance.

Today’s gold bull was first born back in mid-December 2015 the day after the Fed’s initial rate hike in its just-abandoned tightening cycle. Gold’s maiden upleg was massive, rocketing 29.9% higher in just 6.7 months to $1365 in early July 2016! But that first high-water mark has proven impregnable over the 3.0 years since. Gold tried and failed to break out in 2017, 2018, and 2019, repelled near a $1350 Maginot Line….CLICK for complete article

IMO 2020: The Big Shipping Shake-Up

How new regulations will impact shipping, the environment and freight rates. CLICK for complete article

The Gas Flaring Crisis in the US Oil Patch

In its relentless pursuit of oil, the shale industry continues to burn more and more gas into the air. The rate of flaring in the Permian basin reached a record high in the first three months of this year, averaging 661 million cubic feet per day (MMcfd), according to Rystad Energy. That is more than double the amount of flaring for the same period from a year earlier…CLICK for complete article

2019 Schachter Energy Conference – MoneyTalks Early Bird Price

Special $99 Gen Adm and $149 VIP tickets available to our listeners FIRST!

The 2nd annual Schachter Energy Conference takes place October 19th, 2019 at Mount Royal University in Calgary. And Josef and his team are giving Michael’s audience first crack at the special early bird price.

CLICK HERE for more information and to get your tickets.