Interest rates and inflation are soaring. The market is down nearly 13% since March. Resource stocks have crashed 30% and more.
Many investors are running for the hills, and you might also ask - “where should I put my money now?” It literally feels like nothing is safe…
Well, usually these are the best times to invest. When stocks have crashed and bargains become available.
Warren B... ››› more
Here's a bit of a warning.
Have you seen the petrol price hikes lately?
Probably not yet, but you will.
In America the prices of petrol and diesel shot up to the highest level in over 14 years.
Petrol went to $1.23 per litre or $4.69 per gallon.
Diesel rocketed to $1.35 per litre of $5.11 per gallon.
And as you know, what happens in America, has a ripple effect in South Africa ... ››› more
We're all watching as Russia and Ukraine are in the midst of a bloody war. Over 3 million people have already been uprooted from their homes, and have fled Ukraine. All this following Russian President Vladimir Putin's address to his people announcing a “special military operation” in Ukraine to “denazify” the country.
We're experiencing the uncertainty a war like this brings.
The po... ››› more
The petrol price in South Africa is breaking the R20 a litre level.
December 2020 it sold for R14.26 a litre. That's an increase of 41.6%
Sure - the 2020 level for petrol prices was a low base. Covid reduced demand and the oil price was really low.
But the huge increases we're seeing now are hurting - and they'll definitely affect business as well.
-------------------------------------------... ››› more
I believe there is one commodity that can be seen as an indicator for a recovering world economy.
Brent Crude…
Think about it…
We need oil to run just about anything nowadays.
We need oil for transport, for electricity and to run massive operations.
Last year, I was extremely pessimistic and expected the price of oil to drop to $30. Which it did… And this year, my analysi... ››› more
Headlines this morning will be dominated by the fact that WTI traded at -$40.32 a barrel before settling at just over $1.
Most retail investors will be thinking they have missed out on the trade of a lifetime when Oil trades above $20 today (when the June contract starts trading).
But the only people who could have made big money buying oil at near zero or negative are those who can take p... ››› more
Early in February this year, I sent out a prediction on the Brent crude oil price and why I expected it to hit $76.60.
Right now, the oil price is on par with the prediction as, last week, it rose above the $70 mark.
But something has changed…
In fact, I expect the Brent Crude price to rise even higher than I ever imagined. This is all thanks to Opec, five countries and a promising c... ››› more
For years the Saudi's and Russia were the world's largest oil producers - with the US being a net importer of oil…
But that's changed overnight.
US oil production increased by 2 million barrels per day since 2018.
The US now produces 12 million barrels of oil per day. Russia trails the US with 10.65 million barrels per day and Saudi Arabia is third in the world, producing 10.2 millio... ››› more
How to get your trading questions answered by Timon himself
Q. “Timon, I'm sorry to ask you on Twitter but I need to know. Where can I ask my trading and investing questions to get answers direct from FSP Invest analysts”
A. You may ask all your questions in the comments in the Q&A section of our Facebook page by clicking here.
If you don't have Face... ››› more
Brent Crude has been in the spotlight this month.
There's conflict between the analysts and the big banks, on where they expect the price to go.
On the one side, many analysts expect the price of oil to hit new highs at $80.68 per barrel. They believe there may be a strain on supply in the next couple of months, due to the US trade sanctions on Iran and the Venezualan crisis.
On t... ››› more
In 1973, Egypt and Syria launched an attack on Israel.
During this war, Israel was supported by its close ally, the US.
In response to US support, the Organisation of Arab Petroleum Exporting Countries (OPEC), who control much of the world's oil market, implemented an oil embargo against the US and its allies.
Consequently, the price of oil soared from $3 a barrel to $12 a barrel.
... ››› more
Black Gold, Texas Tea or oil. Call it what you like, it's not looking good.
However, we have the perfect instrument you can use to profit with during the oil crash.
Black Gold, Texas Tea or oil. Call it what you like, it's not looking good.
Crude Oil is the most traded commodity on the planet. Over the last 100 years, oil has been a huge catalyst for the world economy. In fa... ››› more
In the middle of last year, the oil price started its decent. This year, the price of oil has struggled to get above $60 a barrel.
In the past when demand for oil ebbed, producers pulled back production to help the price out. But this time around, producers continue to pump oil out of the ground.
This leaves the industry with a bit of a problem. What to do with all the excess oil? But this p... ››› more
The most traded commodity in the world is also the most disappointing commodity in the world.
The oil industry has taken off to new heights. And by new heights I'm certainly NOT talking about revenue or prices.
I'm talking about the ridiculous increase in oil production per day.
Back in 1980, we had around 59 million barrels of oil produced per day. This year we have over 85 million barrels... ››› more
Over the past few weeks, the oil price has rallied.
This is mostly thanks to a weaker dollar and the chance that supply of US shale oil is slowing.
So will oil keep climbing?
Let's take a closer look…
How the oil industry has changed
The big change in the whole oil industry has been the success of US shale oil. More efficient fracking led to oil reserves that were once inacces... ››› more
Yesterday afternoon, the US Commerce Department revealed that the US economy has grown over 1% more than first thought during the second quarter of this year.
This led to stocks rallying in Europe and the US, and the oil price going through the roof.
The upbeat data could give the US Federal Reserve enough reason to hike interest rates this year.
Let's take a closer look…
US GDP c... ››› more
Since July, the oil price has been falling again. And it looks like it is on track to hit six year lows.
So why is the oil price under so much pressure again? And what does it mean for you?
Read on to find out…
What’s going on with the oil price?
From the middle of last year, the oil price started to fall. After Brent crude hit $46 a barrel in the middle of January this year, th... ››› more
This month, the price of Brent crude and West Texas Intermediate have been on a downwards slope.
So why is the oil price under pressure again?
Let's take a closer look at what's going on…
An increase in US stockpiles hit the oil price
Yesterday, the US government revealed that it had increased its “crude stockpiles,” says Fin24. This led to worries about a “global supply glu... ››› more
The last couple of weeks have certainly been exciting.
The Chinese stock market crashed, Greece is trying to sort out its financial crisis, the price of oil fell sharply and generally stock markets have been volatile.
The price of silver fell sharply too.
So should you buy into silver at these levels? And what makes silver a good addition to your portfolio?
Read on to find out…
... ››› more
After contending with a 49c a litre hike at the start of this month, the beginning of July brings another large petrol price rise.
The Department of Energy confirmed the increase on Friday afternoon.
Let's take a closer look at what's behind the hike and how much more you'll be paying at the pump…
The petrol price is rising between 41c and 44c
From Wednesday, the petrol price is r... ››› more