News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
Russia Envisions "Final Destruction of Russian-Norwegian Relations" over Arctic
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GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Crude Oil Update

Crude Oil Makes Its Move

May 5, 2022 - (Gold Market Wire) - Crude Oil has made its move, much as we heralded a week ago, and the upside is what we have. Our inflection timing has worked out well - and, of course, we got the direction.

The Gap - with room to run.

One has to admit, this was one of the easier positions to slide into for quite some time. The international situation continues to deteriorate, and its looks like plans are afoot for Europe to try and extinguish their entire energy trade with Russia. That can only mean one thing - higher prices. Potentially - a lot higher - which will devastate the western economies. We have given up trying to opine on the rationale/reasoning behind it - although some kind of suicide wish must be at the forefront, but the West is envisioning war - so war it shall be.

We expect this rally to continue.

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