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Just Before The Great Recession, Mountains Of Unsold Goods Piled Up In U.S. Warehouses – And Now It Is Happening Again

Just Before The Great Recession, Mountains Of Unsold Goods Piled Up In U.S. Warehouses – And Now It Is Happening Again When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did.  As a result, inventory levels begin […]

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Inventory your stored food

Inventory your stored food One of the chores you can do in the winter season is to inventory your stored food. Whether  it’s dehydrated, canned or frozen, it all has an expiration date. I always start my inventory with frozen things, since they have the shortest shelf life. I don’t have a lot of this sort […]

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Forget Draghi, Crude Matters

Forget Draghi, Crude Matters Despite Mario Draghi’s supposedly misinterpreted comments earlier this week, there are global indications that the best of this round has already been reached. Policymakers are always going to claim things are improving, that much is given. But there is tremendous difference between that and what has occurred, especially if it is […]

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(Re-)Covering Oil and War

(Re-)Covering Oil and War The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first $20 handle in many years, was that this should be triggering a Gawdawful amount of bets, $30 being such an obvious number. Which in turn would of necessity lead to a -brief- […]

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WTI Plunges To $42 Handle On Massive API Inventory Build

WTI Plunges To $42 Handle On Massive API Inventory Build For what appears to be the 10th week in a row, API reports amassive 10.5 million barrels (far bigger than the 3.1 million barrel expectation) and a 3 million barrel build at Cushing. If this holds for DOE data tomorrow (and worryingly API has tended to […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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