Journal
July 2020
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Corrigendum
Dear Ladies and Gentlemen Many thanks for your messages on my weekly mail on crude oil. I received many positive feedbacks. Thank you very much. However, my old friend Mark noticed a mistake. I wrote: “Venezuela’s daily production stands at roughly 600 million barrels per day, while in 2017 they were producing 1.9 million on average […]
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Inertia
Dear Ladies and Gentlemen Inertia is a tendency of doing nothing or remain unchanged. It can be synonymously used with words like inactivity, passivity or inaction. In most cases, inertia is terrible. We can find inertia everywhere also in the financial industry. Inertia in the financial industry may lead to severely insufficient returns. I am […]
June 2020
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Inflation ?
Dear Ladies and Gentlemen Thank you very much for all your positive feedback on the Oscar Wilde quote. I am happy you liked it. Today I am asking myself: Are there any signs of inflation? Currently, we cannot say so. We do not see any significant increase in commodity futures prices. Especially on the energy […]
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What’s next?
Dear Ladies and Gentlemen Some new participants joined our year-end competition last week. This is perfect. Thank you very much. After the massive rally, we have seen since the March lows, many of my readers ask me what I am expecting for the next months. Those who read my weeklies for a longer time know that […]