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Greg Weldon is shorting the TSX60 right now!

Hear why he thinks our markets are over-valued and over-bought PLUS his analysis on oil, gold… and most importantly.. the credit markets.
YOU DON’T WANT TO MISS THIS. Click for more info.

 

Natural Gas Futures Pare Gains Early Ahead of EIA Data

Oil price futures slipped into negative territory on Monday – a shocking oil-market first – making previous doom and gloom forecasts of OPEC’s too-little-too-late production cuts now seem like sober predictions rather than overzealous fearmongering.

But are negative oil prices here to stay?

WTI crude oil futures settled at -$37.63 per barrel on Monday, down $55.90 on the day. Not only was it the largest price drop for the commodity in history at some 305.97 percent, but it was also the first time that the WTI futures market fell below $0….CLICK for complete article

Diane Francis on Saturday’s Show

Diane will join Michael Campbell this weekend (April 25) to share her thoughts on why the Provinces should adopt the German model: prioritize antibody testing and immune certification. Click here for article.

Diane Francis: Canada must follow Germany’s path to reopening the economy

It’s no coincidence that the first large Western democracy to contain the spread of COVID-19, and the first to prepare to reopen its economy, is Germany, whose leader, Chancellor Angela Merkel, is a trained scientist. Click for full article

How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash

On April 20th, 2020 futures for crude oil’s US benchmark (WTI) went into negative territory – meaning for the 1st time in history producers would pay traders to take oil off their hands.

While it’s unlikely you’ll be paid to take gas from the pump in the near future this does not give any indication of how out of whack the oil market is…click for full article.