Trump Rally: It Surprises Me That Investors Are So Enthusiastic

It surprises me that people are as enthusiastic as they are given that Mr. Trump says he is going to start trade wars. At the moment everybody seems to be focusing on the fact that he is going to cut taxes which is fabulous for any economy and that he is going to be building new infrastructure that we desperately need. Nobody seems to be focusing on where will the money be coming from, and secondly how are we going to do all this with trade wars.

The Fundamentals For Crude Oil Are Improving

The fundamentals for crude oil are improving. For example, Saudi Arabia has not found any major oil field for a long time. Other big oil producers like Iraq, Iran or Nigeria have not found a lot of oil too. Only the fracking companies have found a lot of oil but they cannot make any money if oil prices are low. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE))

Gold: Interested If It Drops Below A Thousand (SPDR Gold Trust ETF (GLD))

I have not bought any gold for many years now and I am not a buyer of gold at these prices right now. I hedged my gold and if gold drops below a thousand dollars per ounce I may buy a lot more. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Gold Miners ETF(NYSE:GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))

Crude Oil Outlook: A Trading Range With Some Upside

I own some crude oil but I am not a good market timer or a good trader. My view is that we are in a complicated bottoming process that could last a couple of years. So far the trading range has been between 30 and 40 dollars a barrel, it will likely be a little bit more on the upside of that range. 60 dollars a barrel is not an unusual price for crude oil. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Marathon Oil (MRO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE))

Investors Should Own Energy

Investors should own energy because reserves of energy continue to decline around the world and so, crude oil fundamentals are still getting better. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Market Vector Russia ETF Trust (RSX), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP))

Crude Oil: The Market Is Smarter Than OPEC

The question is that the market is way smarter than oil producers, smarter than OPEC. So, I do not really pay much attention to OPEC meetings. They can sit down and have meetings that will go on for days and nights but there are a lot of oil producers in the world that are not on the agreement to cut production. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Marathon Oil (MRO), Exxon Mobil (XOM), ConocoPhillips (COP))

The OPEC Cut: What's Ahead For Oil?

The OPEC cut announcement is not surprising to me but the key is to wait and see if they really do it. OPEC has made these kind of announcements for decades. Most have not really worked but this one is making crude oil go up and it will probably continue to do so. But what really matter is that crude oil fundamentals are continuing to improve. (Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP))