27 Quotes by Kevin Kerr
- Author Kevin Kerr
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The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region.
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- Author Kevin Kerr
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The attack could be devastating to the remaining tattered relations between the Middle East and the United States.
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Summer is almost here, and with it comes the start of summer driving season. All across the nation consumption of fuel increases in all forms. Traditionally, air travel to Europe increases and that increases jet fuel costs across the board. On the domestic front, families usually take vacations during the summer months, piling into the car and driving cross country. And outdoor recreation adds to the demand.
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Individuals are always looking for a new, hot commodity, and weather futures are just that.
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The true worst-case scenarios are not even close to priced in this market yet.
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This has caused some traders to pare down their positions and re-evaluate their exposure. However there seems to be little lack of new buying on significant dips in the market.
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The gold market is fulfilling the promise that gold bugs like myself have touted for years: safe haven in uncertain times.
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- Author Kevin Kerr
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The gold market has been looking for more uncertainty and we are seeing it this morning.
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The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant.
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