Posts by: Phil Flynn

Say what you want about the value of gold as a currency replacement or a safe haven, at least those pesky Russian can’t hack into it. The FBI is investigating reports that the Russians hacked into account information at JP Morgan and other US banks perhaps in retaliation for US led sanctions. Gold prices are [...]

Continue Reading

  The incredible growing corn crop! With Floor Trader Eddie Van. [PRICE Links Video Series] Recorded on: 8/27/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds [...]

Continue Reading

Energy Policy. The Energy Report 8/27/14

On August 27, 2014 - 7:47 AM By

President Obama not only sends mixed signals on foreign policy but energy policy as well. On one hand he blocks the Keystone pipeline and a New York Times report that the President is “working to forge a sweeping international climate change agreement to compel nations to cut their planet-warming fossil fuel emissions, but without ratification [...]

Continue Reading

Winds of war or maybe just a hard wind blowing near the Ukraine border, Ukraine’s state security service said it had detained 10 Russian paratroopers who had crossed into Ukrainian territory from Russia. The Russian say gee, oh gosh, oh golly, it was a mistake and a hard wind just seemed to blow them over [...]

Continue Reading

By Anna Louie Sussman | Reuters Africa NEW YORK, Aug 25 (Reuters) – Brent crude oil edged higher on Monday while U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya offset ample supplies and anticipated weak demand after a slew of disappointing economic data from the United States and [...]

Continue Reading

By Christine Buurma | Bloomberg Natural gas futures headed for the biggest one-day gain in two months on forecasts for above-normal temperatures that would spur demand for the power-plant fuel, slowing the pace of supply restocking. Hotter-than-usual weather may blanket parts of the eastern and central U.S. through Sept. 3, said MDA Weather Services in [...]

Continue Reading

Mario, Janet, Francois and Angela all have a hand in moving markets today. First it was Janet Yellen that seemed to be a bit more dovish than some thought in her speech in Jackson Hole. Perhaps she did not want to steal the thunder from the ECB’s Mario Draghi that seems to be moving Europe [...]

Continue Reading

Who thought that anything could over shadow Janet Yellen today? Well leave it to the energy complex. Refining issues and tight supply of distillate will keep oil supported as the rest of the markets focus on Jackson Hole. Talk that Shell Deer Park refinery could be down for months as well as a Bloomberg report that [...]

Continue Reading

  How’s the crop? Jack Scoville will let you know! [PRICE Links Video Series] Recorded on: 8/21/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of [...]

Continue Reading

Decouple? The Energy Report 8/21/14

On August 21, 2014 - 9:25 AM By

In the beginning of the financial crisis they were trying to tell us that the sub-prime problems really did not matter and even if it did it was a US problem. They said that even if the US banking system had some issues it was ok because the Europe and China had decoupled from the [...]

Continue Reading

Encryption like an Egyptian? With Michael Delagarza (CEO Cloud MD) [PRICE Links Video Series] Recorded on: 8/20/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of [...]

Continue Reading

Oil’s slide continue yesterday with Brent crude hitting a new low not seen since June 26 of 2013 but we are seeing oil snapback as we head in to expiration of the Sept WTI.  Oil prices that rallied like crazy on geopolitical risk are now collapsing on the reduction of those risks and the surge [...]

Continue Reading