tag:blogger.com,1999:blog-2632357035930457754Sun, 25 Oct 2026 22:50:12 +0000GoldsilverChinaoilcorrelationcopperDemandsupplyDebtCOMEXgdprateindexpremiumbondsstockBankstocksinflationdeficitgasforecasterreserveyieldmoneybondU.S.USDconsumptionfederalpowerunemploymentbitcoinSprottnaturalContangoPeterInterestgldSchiffcentralCPIratioPriceshortECBproductionRussiaShanghaibalancecommoditiesfedimportsJapandepositFertilizerreservesyardeniimportmanagedplatinumtreasuriestaxIndiaFaberMarcPMIscreenerETFEuropeHong KongtradetreasuryBelgiumFOMCHousingcurveinventorymarketpalladiumQEhongkongminersPotashEnergyMiningdollarrealrecessionCOFERLeaseMarc FaberUSfoodsheetCutLithiumPSLVPeter SchiffcostcreditrepoCOTeuroGOFOGermanyGoldmanGreeceNegativedotholdingsplotrepatriationuraniumCMEDowcorrelationscurrencyCapacityEricSHFEUtilizationevsgetariffsyellenAISCBrazilFRBNYIronWGCbackwardationbubblefundsleveragemetalsopenregisteredFirstSavingsTrumpcapexcoalearningsnetoutlookratesslvsurpluszincAPMEXLNGMajesticNatural gasNennercrashestatejunkliquiditynickelopecreportsalesspreadJ.P. MorganLMEP/ERhodiumbudgetcrudemarginshippingCapacity UtilizationCyprusJP MorganJamesJimLCNSSP500WaragriculturecashconsumerdefaultdieselexportgovernmentmortgagepowellrigwarehousewhaleyieldsEmploymentIEAIranItalyLIBORMaloneySpainStandard and Poor'sTurkcommoditycontainerdepositsforecasthikeinventoriesjanetjobspayrollpopulationvixwage2012LBMALoansMikeReal estateSwissasiabanksceilingclaimsdecouplingequitiesequityflowforwardhomeimpulseinitialmineminerrevenueshaleshortageshortstaperingtotalBernankeHormuzM2MintPIIGSQE3RickardsSeasonalityUSAaccountammoniaarbitrageassetsbeleggerscompetitiecapstonecorncorporatedeflationeufiscalforeignforeignersfundfuturesjoblabormaturitynattyoutlayphysicalpreciouspricesrentsolarspystagflationtourismtrustwheatyenzeroAllanaBankruptBenBen BernankeBidenCRBCitigroupEXKEurozoneGazpromHyperinflationJonesLynetteMBSMorganSingaporeSteelSwitzerlandTIPSU.S. dollarZangZero HouraluminumbuyingcapitalcarrycomparisoncouncilcountcurrentdeclinedeliverieselectricityemergingglobalgoldforecasterindexgoodsincomeinvestmentjoblesslumbermanufacturingnonorepalmpaperpensionpositionsrepurchasereverseriskscrapspendingstoragetinvelocityworkersworldyuanAmericaArgentinaAvinoBaltic DryChicagoChris MartensonEIAEndeavourEndeavour SilverEric SprottGDXHollandeJPLTROM1MZMMichaelMike MaloneyNASDAQNFPNIIPNIRPNetherlandsNewPBOCPCEPentoResourcesS&PSPRSachsTLTU.S. MintValeVerdeairallocationaveragebacbasebrentbullbullishcalculationcallcarchilecobaltcountrycycledepletionelectionseligibleexcessexperimentfairfarmfederal reservefixflightforcefreightfuelgasolinehourhourlyindicatorinsurancejpmleadinglondonmarginalmiseryoutflowoutputpaymentspayrollspetroleumpublicsmartsoybeansugarvirusyearzerohedge10 year2014AECOAgritechBalticCFTCCNYCharlesChineseConferenceDavid MorganDenmarkDeutscheDryFREDFXFitchFranceGoldman SachsHSBCIMFInfrastructureInsiderJames TurkJohnKhanKoosLCRLease rateM3MexicoMiddelkoopMineralsNordstreamPortugalQTRJASNBSPPPSeminarSibanyeTCTTFTeslaUSGSUncertaintyVietnamWTIWarrenWesternWillemagealtcoinattractivenessbalance sheetbatterybillbulkbuybackbuybackscapcapitacapitalizationcardcentral bankschecklistcliffcoffeecommercialcontractioncoronadeathdebt ceilingdelinquenciesdepressiondisposabledividenddurableeartheasingeconomiceconomyepsexchangeexportsgradegreatgrowthhousehouseholdincrementumindustrialinstituteinterviewlendingloanmax keisermeetingminesnatgasnomiparticipationpegpercentagephyspledgedpoliticalportfoliopositioningputrallyrarerefineryrequirementretirementreturnshutdownstandardstimulustankertankerstechtgaureavaluationvaluevolatility10200820174000ADPAUDAdecoagroAfricaAllana PotashBHPBITCFBNPBalmoralBasel IIIBassBrasschaatBrink'sBuffettCCFDCDSCTACanadaCapstone MiningCropDIADalioDanaosDealsDexiaDowngradeDubaiDxyEBITDAErametEuriborFCFFirst Majestic Silver Corp.FraserFrenchGoldenGoldmoneyGrainGreat DepressionGregGregoryHCIHang SengHedgeHunterISMInterest RatesIrelandIron oreIsraelJansenJesseJim RogersJohnsonJuneKWNKyleLagardeLasLassondeLectureLivermoreM&AMannarinoMerkMoneyshowNPKNikkeiNomuraObamacareOfferingOnionPAGEPEPGMPPLTPSLV PHYS premiumPanamaxPierrePoor'sPortnoyPotemkinRayRogersSDRSalmanSaudiSiliconSinclairSipefSloveniaSpodumeneStillwaterSun Hung Kai propertiesSupramaxSwapsTEDTMCTechnologyTheoryTokenTradingTruckTurkeyTwitterVegasWalmartWealthXOMZillowaaaaggregatesagreementsaluminiumamplatsandascendasassetaustraliaautomotivebankerbankruptcybarbearishblackblogbond yieldsboombottombreak-evenbricsbuildingbuybuyerccelentechartschipcirculationclosedcnbccoincollapseconfidenceconstructioncoronaviruscottoncountscryptocurrent accountde-pegdedollarizationdividendsdivisiaebolaexpansionfarmlandfinancefintechfloorfrancgrasbergholdersholdinginsolventinternationalinvertedjanssenjetkbckeiserkeithlayoffslease ratesmanaged moneymanipulationmarketsmaterialsmaxmegaphonemergermetalminimummodelmonetarymurderneumeyernuclearofouncesovernightpaymentpeakpermanentpermianpermitperthperupesopianopivotpolicypositionpredictprinsprivateproductivityprofitsprotestsquantitativerecoveryrecyclingreferendumresearchreserve currencyresetretailrevisionricerunsentimentservicessoy beanspacesqueezestartsstatestockpilestrikesurprisesurveyswanswaptapertemporarytimetraffictransfertreasury holdingstriangletrillionunlimitedupdateusevehiclewagesweatherwedgewithdrawals10 year treasuries1000019872.020 years20132020253 trillion303x400500 euro60 minutes60/40ABCADRAETAGQAIAMMATMAUMNAbu Dhabi.AcademyAdvantageAfrican RandAgoracomAkamai TechnologiesAlasdair MacleodAlex JonesAll-inAllan MeltzerAlphabitAltamirAluminaAngelaApril 2012ArabiaArthurAsianAskAt. Augustine GoldAtlantic Economy SummitAustralian dollarB2GB2GoldBBBBCSBEABEVBMOBMOcapitalBPGDMBakerBaltic Dry IndexBank of AmericaBank of EnglandBarclaysBargainBarrickBarrick GoldBelangpBelgian Frank EuroBenoitBerezinBerningerBernsteinBeveridgeBrad CookeBraveBrexitBridgewaterBrotherJohnFBuddhaBudget DeficitBuffetButtersCBDCCBGACDCEOCHKCLFCLOCNT depositoryCSFFFCYNKCalibreCambridgeCapesizeCapitalismCase-ShillerCaseyCash is TrashCassCenta CityChapwoodChaudharyCheckChesapeake EnergyCheungChina Construction BankChrisChristine LagardeClaytonCloudCoeur D'alene Mines CorporationCold WeatherCommerzbankConanCorpCredit AgricoleCroatiaCrocodileDBDDTGDJPDNCDaDan NorciniDaqoDarkDaveDavidDecemberDeforestationDenningerDenverDeutsche BankDevonDisaster 2012DiscouragedDominion ResourcesDougDow JonesDr. DoomDr. ShivaDuncanDundeeECRIEPUETFSEURNEWZEcuadorEgyptEmbryEngelhardErik SchatzkerEscondidaEthiopiaEthiopian PotashEurekaEuropeanEuropean UnionExpertExposureFATCAFBIFacebookFarmersFaustianFekolaFinancial Services CommitteeFinancingForumFraudFundamentalGDXJGIMBGIMVGLRGMEGNPGSGSKGamestopGeorge SorosGermanGlencoreGlobexGold AEGold Money Index James TurkGoldforecasterGregg IbendahlGresham's lawGroupGulfGurwitzHMIHODLHUIHWOLHamiltonHampshireHappy New YearHarpexHenryHewlett PackardHierarchyHindenburgHitlerHoleHomestakeHubHughesHurricaneIFOIndophil ResourcesIngInvestorIrwinJ.P. Morgan ChaseJNJJOLTSJacksonJanJayJim SinclairJob gapJohn DavisJohn WilliamsJulyKBCAKYNKarlKayne AndersonKazakhstanKelleyKilianKohlerKoreaKyle BassLacieLakeshoreLanternLibertyLibyaLloydsLoomisLouisM/OM0M4MF globalMLPMTMahjongMalaysiaMallorcaMar-a-lagoMarchMartensonMastercardMatrixMauldinMayMcDonald'sMelvinMerkelMetdistMiddle EastMileiMiranMolycorpMonitoring of decouplingMoody'sMorgan StanleyMotionMoustacheNGDNGTLNIINIMNLMKNOSNPLNVTNXENeerajNetflixNewsNigeriaNissanNoelNomura HoldingsNorthernNourielNovartisNutrienO'BrienO-metrixOECDOLVOccupyOkunOrcaP/BPHEVPPPPSLV SLV Eric Sprott premium silverPalantirPan American SilverParibasPaulsonPentagonPfizerPhilippinesPhillipensPixelPonziPretiumProsusQQ3QatarR-starRBSREITRMBRRPRVTRare EarthRealityResourceRichardRioRiyalRoadRobert Kiyosaki Mike Maloney Cash is Trash silverRobinhoodRocheRoubiniRoyal Canadian MintRubiconRussia US treasury holdingsRystadS&P500SAUSBSWSEHKSGEISGSSHIBORSIFOSMFISMISMMSPDRSPXSRSroccoSTUSVBSaint Augustine GoldSan Gold CorpSandwichSaudi ArabiaSchmittmannScott MinerdSearsSeismicSeptemberShivaShowSilvaSilver Lake ResourcesSilver glitchSlovenia Conference 2009 Marc FaberSociete generalSofinaSorosSouthSouth AfricaSpain unemploymentSpainCSpanishSpiegelSpottStStephenSteppeStreetStudentSudanSwedenTNXTSATSXTYGTYXTaiTaylorTekoaTencentTenthThailandTheThe Real CrashTobinTomTortoiseTransoceanTreatmentU.S. debtU.S. treasuriesU.S. treasury holdingsU.S.A.U3U6UAEUS treasuriesUnemployment rateUralkaliUralsUruguayVLCCVNMVOFValcambiVan EckVeevaVenezuelaVisaVista GoldVitamin AVitamin CVitamin DVolckerWARNWallWall Street JournalWallstreetbetsWendy'sWestern PotashWiseWorld Market WindowXINYahooYeulZARZero Hour Debtabroadacquisitionacquisitionsadjustableadoptionadsadvanceaffordabilityaicairlineairplanesairportalcoaalertallalmadenalphaminamber goldamortizationancoraannexannualizedappleapplicationsapprovalarcelorarganartascendingautoautocatalystautomakersavenuebabybackbackedbackingbalance of tradebanbarsbase moneybasinbatteriesbearbenchmarkbirchcliffbirdsbirthblack swanbloombergbond yieldbond. treasurybondedbookboomersbreadthbreakbreakevenbreakoutbrotherbrother johnbtcbuildersbullionbusinessbusinessesbuyscalculatorcanarycancellationcannabiscar crashcarboncargocattleccccellcementchainchargecharge-offchenierechocolatecitycleanclevelandclivecocoacoincidentcoldcollateralcolombiacomedycomparativecomparedcompetitioncompositionconcentrateconceptionsconditionalconditionscongratulationscongressconsumtioncontestedconventioncopper contangocostscountriescountycovercoveragecoveringcpmcrashingcreditorcrisiscriticalcrosscurrenciescustodialcustodydailydancedeaddealdealersdebt limitdebtordecoupledeletedelinquencydelistdeliverydemographydenominateddepeggingdepleteddeposit facilitydestructiondevaluationdiamonddiscoverydistillatedomesticdragondrillerdrillingdropdroughtdry bulkdumpdurablesdutchdwcfearmarkedearnings per shareeasteconomicselectionelectricelectrificationemailempireemployment-populationenglandenterpriseequity marketsequivalenterroressentialestimateeureuronaveveneventexistingexplorationexponentialexternalexxonfakefallingfamilyfarmerfatfeefertilizetfinancialfinancial sense newshourfingerfiredfiscal clifffixedfood stampsfood stamps hire peopleforexformationformulafrackingfractalfreefullfull-timegainsgapgenerationglutgodgold minersgold money indexgoldbrokergolden crossgolden weekgoldonomicgoodgot gold reportgrangraphitegreengrosshackhalvinghappyhedgingheldhelphighhiredhireshiringhiringshistoryholidayhousing market indexhowhydrogenhypein gold we trustincindustryinflatiioninflowiniflationinitial claimsinitiativeinsider tradinginsolvencyinterconnectivityinterest paymentinversioninvertinvestmentsinvestorsioeriphoneissuancejesse jacksonjesusjob cutsjuglarjumbojunk silverjurisdictionkatchumkeynoteking world newskitchinlaptoplarge commerciallaunderingldeileasingleastlevelliabilitieslionlistlitecoinloadinglocallonglowestlulamacquariemacromafiamagnesiummanagermarginsmaturitiesmayermckinseymclellanmeatmiddlemillenialsmillsmineralministerministryminutesmittalmizuhomonetizingmonitoringmountainmoving averagemuchnationalizenearnecessityneoneutralnew zealandnightlifenitrogennon farm payrollnon-farmnon-farm payrollnonfarmnorilsknormalizationnornickelnyrstarobesityoceanoctopusofsoil backwardationoil embargooldolivut resourcesomissiononlineopeningsoperationopportunityinsightsorderbookordersosiskoounceoutoutflowsoutlaysoverconfidentovervaluationovervaluedpalm oilpandemicpanelpanelspanicparabolaparkpartpart-timepathpeggingpendingpenetrationperformanceperformingpersonalpetitionpharmapharmaceuticalphiladelphiaphillipsphillyphonephosphatephotovoltaicpipelineplanplaneplungepolandpoolpotpowwerppiprecious metalspredictionpredictionspresidentpresidentialprintingproductprofitprojectionprojectspropertyproprietaryprotestpurchasespurchasingquitsrabobankradiorailroadrailwayrainratingreceiptredreduxrefinancingrefiningregionsregistered goldrehypothecationremittanceremoverenewablerentingrepatriatereportingreserve requirementresistanceretail salesretroactivereturnsrevisionsrightrio tintorockroyaltyrubberruleruralsalarysan goldsanctionsanctionssandstormsberbankschemeschizophreniaseasonsecsecond quartersectorsecuritiessecuritysellingseparationsshadowstatsshareshishort positionsshortingsilksingleslavesmallsmartphonesnowsofrsoldsolvencysouth americasoybeansspikespotstandstealstealingstrategic petroleum reservestresssuicidesulphursurchargesurgesurgessustainingtakeovertampatargettarifftasmaniantaxationtaxestermtesttestifythermodynamicthroughputtigertighteningtonnagetouriststracktherecoverytrade deficittradertrafiguratransactiontransittransporttrashtungstenturbotwistukraineumichuninvertunited statesupus bancorpus treasuryusedusersvacancyvaccinevaultveris goldvillavoicevotewantedweberwebinarweekwellwestwfcwhitingwindwinstonwithdrawalworkerworkingworld gold councilwrapwusongyarayieldingyouthzhongchuzhongchu wusongzhouzinkDedicated to monitoring breaking global economic news on a day to day basishttp://katchum.blogspot.com/noreply@blogger.com (katchum)Blogger2734125tag:blogger.com,1999:blog-2632357035930457754.post-1222293810354826821Thu, 22 Oct 2026 10:29:02 +00002026-10-23T11:58:40.080+02:00gaspositioningTTF<p>TTF gas positioning is bullish.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2EHcE_kcmBNZc-6FuIC5SZNzrd8-thpMDnOYKBpIvqUVNI0H2xf4pnwKXq1u7v0Oq6g4fECscg4dHsR_I3an3z5fTiZa_JKjaKOFKVuE8qypXfKw4LeVNm0p9gJSJvjZVjpyMEU-svN5ed2pxpBGRcU-Z-tDu_iJ4FApzG_pkgczs1CSAxYdZck99r2g/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="802" data-original-width="711" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2EHcE_kcmBNZc-6FuIC5SZNzrd8-thpMDnOYKBpIvqUVNI0H2xf4pnwKXq1u7v0Oq6g4fECscg4dHsR_I3an3z5fTiZa_JKjaKOFKVuE8qypXfKw4LeVNm0p9gJSJvjZVjpyMEU-svN5ed2pxpBGRcU-Z-tDu_iJ4FApzG_pkgczs1CSAxYdZck99r2g/w355-h400/image.png" width="355" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_b7JKAJ3nlqdjb7lQsS5z5Zr-b2CLi9k3D_ZSQ48fDirYv9QQkWPVO7idkZ0IALZ5NPus5G0d3QhhsiQNiH2J3-zSR3OJThzJIbxGL5u0dkVRQgvcNIN8sSV_MmKAuFcOt5nq0BSzDWntXrFnifr34SsMVeB9p6M-_YA2EhYvDmcfYrmQeClsXpcuAW8/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="837" data-original-width="752" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_b7JKAJ3nlqdjb7lQsS5z5Zr-b2CLi9k3D_ZSQ48fDirYv9QQkWPVO7idkZ0IALZ5NPus5G0d3QhhsiQNiH2J3-zSR3OJThzJIbxGL5u0dkVRQgvcNIN8sSV_MmKAuFcOt5nq0BSzDWntXrFnifr34SsMVeB9p6M-_YA2EhYvDmcfYrmQeClsXpcuAW8/w360-h400/image.png" width="360" /></a></div><br /></div><div class="separator" style="clear: both; text-align: left;">Brent positioning is bullish.</div><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh630WDGnLgDj0pJtcQRDttIenUkiplm5A5CvVEd1p2PveBWxgBH_Q6H3HWJi3rixc2t5dFKBkOMfzeryLz7BVVU4OKYSkwUx-hRJ7n7zXBGcwC4Su5GWyHKq9sMYRgkTijtdDaK8RKOhtTZGJX18JqdhkBQmauVA_6pwjXqwHEZlNI6Gxp1_0T7nIrYyI/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="895" data-original-width="1150" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh630WDGnLgDj0pJtcQRDttIenUkiplm5A5CvVEd1p2PveBWxgBH_Q6H3HWJi3rixc2t5dFKBkOMfzeryLz7BVVU4OKYSkwUx-hRJ7n7zXBGcwC4Su5GWyHKq9sMYRgkTijtdDaK8RKOhtTZGJX18JqdhkBQmauVA_6pwjXqwHEZlNI6Gxp1_0T7nIrYyI/w400-h312/image.png" width="400" /></a></div><br /><br /></div><br /><p></p>http://katchum.blogspot.com/2026/10/ttf-gas-positioning.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-5985105337136571960Thu, 22 Oct 2026 07:21:39 +00002026-10-22T09:21:39.119+02:00inventoryoil<p>Inventories are drawing down.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbgqRTPgR_FEU7n2qYAIhn8TAW-VMlGc-E_x2d237p5Vez25ICj-fecBznVhEOyy1ZchllA-lWu1eHh1yj-yI6b9QDo1gK_2LFoS8jYYXBd7-xsdmTHtNf4OrptaaD8Vbmdj-Kw26Dknij0HjxHJhfJeH0jzzydWo0dJiKHrY0-Vku9piUc0PAq-Z8Tz8/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="496" data-original-width="684" height="290" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbgqRTPgR_FEU7n2qYAIhn8TAW-VMlGc-E_x2d237p5Vez25ICj-fecBznVhEOyy1ZchllA-lWu1eHh1yj-yI6b9QDo1gK_2LFoS8jYYXBd7-xsdmTHtNf4OrptaaD8Vbmdj-Kw26Dknij0HjxHJhfJeH0jzzydWo0dJiKHrY0-Vku9piUc0PAq-Z8Tz8/w400-h290/image.png" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/10/comparable-oil-inventory.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-1662613973866592500Sun, 18 Oct 2026 22:59:11 +00002026-10-24T00:22:52.116+02:00ChinaoilrefinerystockpileChina has started <a href="https://x.com/LSREnergy/status/2110210602027094480?s=20">stockpiling</a> crude oil at $100 oil.<div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUKNTMp8kaFLPqU51BNhD7cgIDv1WGZ2A7bCtuEoVCzY8WidneBChOUKzEK_TjT2cc2CO_dnBc5AD-U-GtKBdmCa9yfNwDpgy_KGkgBXgOzocE5F-3om3piHKQv4Drq8fqmkkpTqywXMSNnICrnLVFIjeCF_HQVu9iVSB3kiuQ5BrWAvLY7-8i27EQIs4/s874/IMG_8265.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="412" data-original-width="874" height="189" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUKNTMp8kaFLPqU51BNhD7cgIDv1WGZ2A7bCtuEoVCzY8WidneBChOUKzEK_TjT2cc2CO_dnBc5AD-U-GtKBdmCa9yfNwDpgy_KGkgBXgOzocE5F-3om3piHKQv4Drq8fqmkkpTqywXMSNnICrnLVFIjeCF_HQVu9iVSB3kiuQ5BrWAvLY7-8i27EQIs4/w400-h189/IMG_8265.png" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgmxPuGTNJvbNevIkIc7Dq2NvpBQMFH-Hg2OuSwq9PntOL7eeDhtSwDVJmPhSc9ZM9YUXgJHoBy2ELITHVhUYxFBH70ATvcVUCO6xDeAGfUtDlzQ3CSuM3KBtFSSCIkNATF9J15f6Ak30TEYBGOiVKrT3NoYDx1-fuxdWAyAOFrFxb-8OragpApuTLicUI/s832/IMG_8266.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="832" data-original-width="568" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgmxPuGTNJvbNevIkIc7Dq2NvpBQMFH-Hg2OuSwq9PntOL7eeDhtSwDVJmPhSc9ZM9YUXgJHoBy2ELITHVhUYxFBH70ATvcVUCO6xDeAGfUtDlzQ3CSuM3KBtFSSCIkNATF9J15f6Ak30TEYBGOiVKrT3NoYDx1-fuxdWAyAOFrFxb-8OragpApuTLicUI/w273-h400/IMG_8266.png" width="273" /></a></div><div><br /></div>But not refining that much.</div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiX7snncyTEsO1Y-G45kR5ZZc4b5Sg-IQU2JFOuOEwCXr5X9zJ-JLMRTQz4eVRV33bp_oVIPpQJNUFcXqtk_mDvBBHom5mpXt7-FqZBx_4W6aVvgMpLHLVyn2EEIz_MnSaoRMhgOjkSeIgARb5Rx3bvhDMq7IIKdeNpv0WyWnki7NJ9G3BrO-rjdlYcQNQ/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="761" data-original-width="633" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiX7snncyTEsO1Y-G45kR5ZZc4b5Sg-IQU2JFOuOEwCXr5X9zJ-JLMRTQz4eVRV33bp_oVIPpQJNUFcXqtk_mDvBBHom5mpXt7-FqZBx_4W6aVvgMpLHLVyn2EEIz_MnSaoRMhgOjkSeIgARb5Rx3bvhDMq7IIKdeNpv0WyWnki7NJ9G3BrO-rjdlYcQNQ/w333-h400/image.png" width="333" /></a></div><br /><br /><div><br /></div></div>http://katchum.blogspot.com/2026/10/china-stockpiling-oil.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-8889263055063142999Sat, 17 Oct 2026 14:54:02 +00002026-10-17T16:56:28.387+02:00inventoryoil<p>These two <a href="https://www.bisoninsights.info/p/this-week-in-oil-2ee">WTI $100/bbl</a> are not the same.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPdBx948-w4gI0PjkYDnlmCt12hNCNOk1QapjYFzbqPzoh7jRB70d0eQVB1O3EsCs0PVjz_NdgLWJ0Y-ZnM7uQ2XAhJ0SuWS30KU9Q7DY_aRIcvuEii6oWDBWApIkQKa7puZLJKz4ejWXkYHLXvr67KTbEjSPHjQhlOBaGHwFkvTvtmkSIozalBhszCkM/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="661" data-original-width="942" height="281" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPdBx948-w4gI0PjkYDnlmCt12hNCNOk1QapjYFzbqPzoh7jRB70d0eQVB1O3EsCs0PVjz_NdgLWJ0Y-ZnM7uQ2XAhJ0SuWS30KU9Q7DY_aRIcvuEii6oWDBWApIkQKa7puZLJKz4ejWXkYHLXvr67KTbEjSPHjQhlOBaGHwFkvTvtmkSIozalBhszCkM/w400-h281/image.png" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDhu_6AtCJpYhPT_qY2xcbgHM3zm5I8QYdTvZ8-N1di-wyTClykh9-Z9oy98yxQecRluJl1eQ7bjawN8Cxo81PhK2xUuS0ydsknzcrJleWr5hcAkfSJiwHiFFf3yt28RbWMhiPvMP9eFtFCpCXVxMmTzY9uaGlFcPvPaQ-znWEuN7Rlaf8mcRSQK9O2Sw/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="507" data-original-width="1055" height="193" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDhu_6AtCJpYhPT_qY2xcbgHM3zm5I8QYdTvZ8-N1di-wyTClykh9-Z9oy98yxQecRluJl1eQ7bjawN8Cxo81PhK2xUuS0ydsknzcrJleWr5hcAkfSJiwHiFFf3yt28RbWMhiPvMP9eFtFCpCXVxMmTzY9uaGlFcPvPaQ-znWEuN7Rlaf8mcRSQK9O2Sw/w400-h193/image.png" width="400" /></a></div><br /><br /></div><br /><br /><br /><p></p>http://katchum.blogspot.com/2026/10/oil-inventory.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-1348554678132205259Thu, 15 Oct 2026 12:37:53 +00002026-10-15T14:37:53.692+02:00stocksyardeni<p>New:</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDJXLE1epR9blP05tEBsJevrGgfuRCh6b2f1y9m5HgyAeotNME04cpO3oMYyjNfj-zK0To2X9tsjr5JJM7SfQK8cP4cBvi_Iq0RS4T8r-P3LS9qMy-ugJW2VkOgESE2kbrL5bZ2q7eycxTjX81PaApE_VVKA46ZXlrEKX56OP-YQah4KRBWbhgK-J4zNY/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="712" data-original-width="1257" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDJXLE1epR9blP05tEBsJevrGgfuRCh6b2f1y9m5HgyAeotNME04cpO3oMYyjNfj-zK0To2X9tsjr5JJM7SfQK8cP4cBvi_Iq0RS4T8r-P3LS9qMy-ugJW2VkOgESE2kbrL5bZ2q7eycxTjX81PaApE_VVKA46ZXlrEKX56OP-YQah4KRBWbhgK-J4zNY/w400-h226/image.png" width="400" /></a></div><p></p><p>Old:</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkSfpr6zuzEGhna_SaYxDVTdycVSWyGSsusNpf-ReIoUUxOOPCZWIDlFHQ68_ta-cbH-5zbKbhWJ-W0D5zjVxTmizXSXe-12BzA4sRGpmJwb4DfoeRZew2VsBPlAZvgrTYrL_fC2nc4uOhUjuNn1-Vx3W58OuMi5S3oOwQUxmfD6W9TO8v3PNsgPdmGJc/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="662" data-original-width="1182" height="179" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkSfpr6zuzEGhna_SaYxDVTdycVSWyGSsusNpf-ReIoUUxOOPCZWIDlFHQ68_ta-cbH-5zbKbhWJ-W0D5zjVxTmizXSXe-12BzA4sRGpmJwb4DfoeRZew2VsBPlAZvgrTYrL_fC2nc4uOhUjuNn1-Vx3W58OuMi5S3oOwQUxmfD6W9TO8v3PNsgPdmGJc/s1600/image.png" width="320" /></a></div><br /><br /><p></p>http://katchum.blogspot.com/2026/10/yardeni-sp500-outlook.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-4889808761331685914Thu, 15 Oct 2026 09:18:43 +00002026-10-15T11:21:59.140+02:00inventoryoil<p><a href="https://www.hfir.com/p/public-brent-crude-oil-positioning">Oil</a> is going higher.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjx1byiPx8FSGyAbeWqCODnClCpy-XafClv3oYex5Rm6fUnLBKq28bZcbT8DDZBDdVMagH0qekodw5pN3m6V5m1zjnjjsahJ1YXEh6CW2IWryJvYQopWHexo3T6It7Se-L7I5HXcP_1PV49d3zd5ATelbIa7WDDmakcnmXFFktSTM6dbkzOrFKYVHuOvIs/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="878" data-original-width="1456" height="241" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjx1byiPx8FSGyAbeWqCODnClCpy-XafClv3oYex5Rm6fUnLBKq28bZcbT8DDZBDdVMagH0qekodw5pN3m6V5m1zjnjjsahJ1YXEh6CW2IWryJvYQopWHexo3T6It7Se-L7I5HXcP_1PV49d3zd5ATelbIa7WDDmakcnmXFFktSTM6dbkzOrFKYVHuOvIs/w400-h241/image.png" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/10/global-onshore-crude-oil-inventory.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-8979545481526344392Wed, 07 Oct 2026 19:46:35 +00002026-10-07T21:46:35.433+02:00ChinaGoldholiday<p>China'll be back!&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjty2b-J7E4gPfPd9TVocLcPeZ-lzAAxBaqS-ggXWX3r6qAfSqkCWBDviqGJc_hYELWJ3KDvaQjjSHqMnE0RrADIN6EDROr7ABR0yh5SxPHipxzZH2xSOPx8tLb19wEuc5Ph5ghL7AqFydQa8fvwsdC4SyYfxVqeXIYnItSk3jLLqciHICAQS_NPG-OkLo/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="2000" data-original-width="511" height="1606" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjty2b-J7E4gPfPd9TVocLcPeZ-lzAAxBaqS-ggXWX3r6qAfSqkCWBDviqGJc_hYELWJ3KDvaQjjSHqMnE0RrADIN6EDROr7ABR0yh5SxPHipxzZH2xSOPx8tLb19wEuc5Ph5ghL7AqFydQa8fvwsdC4SyYfxVqeXIYnItSk3jLLqciHICAQS_NPG-OkLo/w409-h1606/image.png" width="409" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/10/china-holiday-golden-week.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-7352257849557277270Wed, 07 Oct 2026 11:05:55 +00002026-10-07T13:05:55.753+02:00COFERUSD<p>USD dropped a bit.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibND3SXWQ_IHtjpJW2fPg2DNexWWtoLALHIY0IQ3eXi7mUco98jnWQcI23mV9lEAM3S3efeJaWkR7A_fnYVC9Os3yk7AWTHQLmRwQA5BQcbIgWfhdVQ2ft-qUAjE-s1uSTKIWNUd3gn_mNlTBabnPMxrJmRg5xra3EMtga_szaiBZeHmsRCtnDESx-Cx8/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="863" data-original-width="1413" height="244" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibND3SXWQ_IHtjpJW2fPg2DNexWWtoLALHIY0IQ3eXi7mUco98jnWQcI23mV9lEAM3S3efeJaWkR7A_fnYVC9Os3yk7AWTHQLmRwQA5BQcbIgWfhdVQ2ft-qUAjE-s1uSTKIWNUd3gn_mNlTBabnPMxrJmRg5xra3EMtga_szaiBZeHmsRCtnDESx-Cx8/w400-h244/image.png" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/10/cofer-usd-allocation-drops.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-3381006815071915066Tue, 29 Sep 2026 13:55:44 +00002026-09-29T15:55:44.764+02:00copperDeutsche<p>Deutsche Bank expects copper to rise to $10/lb.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg0Dv5cKBa92UcF54WY1MedoGi8fpQtxP0CV7ai7wbt5P0n2QlDKrP4i5xOCaH3rqaJy8AYCy19z0kIypQ5XEICB3ZzqRL7ySGzWrxZLtkoCTGZRvHH6MMQ4AQGZ0ZXG-A63xoJJmU1UUZM-l_kVhsbyldqmS6jU2ei9GkkSMrZI8W0jYXqJXhDhryJodo" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="493" data-original-width="626" height="315" src="https://blogger.googleusercontent.com/img/a/AVvXsEg0Dv5cKBa92UcF54WY1MedoGi8fpQtxP0CV7ai7wbt5P0n2QlDKrP4i5xOCaH3rqaJy8AYCy19z0kIypQ5XEICB3ZzqRL7ySGzWrxZLtkoCTGZRvHH6MMQ4AQGZ0ZXG-A63xoJJmU1UUZM-l_kVhsbyldqmS6jU2ei9GkkSMrZI8W0jYXqJXhDhryJodo=w400-h315" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/deutsche-bank-copper-target.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-4455778974350866654Tue, 29 Sep 2026 07:21:30 +00002026-09-29T09:21:30.981+02:00clevelandcurvegdpyield<p>The <a href="https://www.clevelandfed.org/indicators-and-data/yield-curve-and-predicted-gdp-growth">yield curve</a> is a leading indicator for GDP growth.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgl-FowyQjof72Y6V7c5k_tAwszMpvmI4aDAdaQdEyN44Yi-ClY0H7ptUWtlvzU2a2UBvqPg3G2YVk2HB8AxhkQc9TVJuYp_BHxHf_pdSlxNSWSJb4Ar2660J_ft4ZyelonlS49EQCGnEeQo4yn5OqvxWDgF-zmYrFVAd0-L-MDmG326bUDNyGAJih8tQ0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="617" data-original-width="1167" height="211" src="https://blogger.googleusercontent.com/img/a/AVvXsEgl-FowyQjof72Y6V7c5k_tAwszMpvmI4aDAdaQdEyN44Yi-ClY0H7ptUWtlvzU2a2UBvqPg3G2YVk2HB8AxhkQc9TVJuYp_BHxHf_pdSlxNSWSJb4Ar2660J_ft4ZyelonlS49EQCGnEeQo4yn5OqvxWDgF-zmYrFVAd0-L-MDmG326bUDNyGAJih8tQ0=w400-h211" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/yield-curve-vs-gdp-growth.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-5787695178080866120Mon, 28 Sep 2026 10:19:11 +00002026-09-28T12:19:11.362+02:00Goldoil<p></p><div class="separator" style="clear: both; text-align: left;">Gold front runs oil.</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEikaS7eW3TkGhWTznGFVJEWqqV6UW_BoIoZ70tZg3Uz-pfcErUDnzCYEwVBBF9t-nLjY7hBDwAlvbmHISD0aObsQ3GeCfKknVhuOtouw428Kg0pO1SI1m2xG2C94GKu6Jgh9GtlbZk1m7gESIW8GZj5RT6et-iaHCpNKVQZJAulQ5do-ltH7Z-y1ojdacs" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="364" data-original-width="698" height="209" src="https://blogger.googleusercontent.com/img/a/AVvXsEikaS7eW3TkGhWTznGFVJEWqqV6UW_BoIoZ70tZg3Uz-pfcErUDnzCYEwVBBF9t-nLjY7hBDwAlvbmHISD0aObsQ3GeCfKknVhuOtouw428Kg0pO1SI1m2xG2C94GKu6Jgh9GtlbZk1m7gESIW8GZj5RT6et-iaHCpNKVQZJAulQ5do-ltH7Z-y1ojdacs=w400-h209" width="400" /></a></div><br /><br /><p></p>http://katchum.blogspot.com/2026/09/gold-vs-oil.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-6818264770796599275Wed, 23 Sep 2026 16:18:54 +00002026-10-15T11:19:19.873+02:00inventoryoil<p>There is a correlation between onshore oil inventories and Brent oil.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9DSLF5qgFA237UI2ypHBw5suaR0hefnlYbvYXoJeXSEKsDyMiz6XeaDCKGIAGWNIAjSBcmhaEwnALhnqTKjz6Z2guhSkf4EcSnkXCHzNxISnVneX5x1451VjiPT8Ln3teGja5OnTiVp8eV1ZjcYHGdKsp7IHXUO-0tpiuEJ25A_L_fDZp-VKR0cMp5I8/s1600/image.png" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="878" data-original-width="1456" height="241" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9DSLF5qgFA237UI2ypHBw5suaR0hefnlYbvYXoJeXSEKsDyMiz6XeaDCKGIAGWNIAjSBcmhaEwnALhnqTKjz6Z2guhSkf4EcSnkXCHzNxISnVneX5x1451VjiPT8Ln3teGja5OnTiVp8eV1ZjcYHGdKsp7IHXUO-0tpiuEJ25A_L_fDZp-VKR0cMp5I8/w400-h241/image.png" width="400" /></a></div><br /></div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgyrpN2rbPy1JWxespJLqgkl2jUMp-ZUEXv_89WRPGzYbPUl3ig4zlgidsfBGLFcQL0vOIiHgjqCwLag4BQ8g8MitzoUjZwOYyCOI1hswV4-Gv11AmuVJWUaEP_BHL5d7b3KjQwmeJT89aDNP9CPvmYgz7vMoZ79dkzow5V2NLDdL587BiBhaCsftPYXOw" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="1127" data-original-width="1456" height="310" src="https://blogger.googleusercontent.com/img/a/AVvXsEgyrpN2rbPy1JWxespJLqgkl2jUMp-ZUEXv_89WRPGzYbPUl3ig4zlgidsfBGLFcQL0vOIiHgjqCwLag4BQ8g8MitzoUjZwOYyCOI1hswV4-Gv11AmuVJWUaEP_BHL5d7b3KjQwmeJT89aDNP9CPvmYgz7vMoZ79dkzow5V2NLDdL587BiBhaCsftPYXOw=w400-h310" width="400" /></a></div><br /><br /></div><br /><p></p>http://katchum.blogspot.com/2026/09/onshore-oil-inventories-vs-brent-oil.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-7889155767757203699Mon, 21 Sep 2026 16:32:43 +00002026-09-21T18:32:43.790+02:00break-evencostoil<p>Breakeven shale oil around $60/bbl.<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGXGn6qdvAiPOy-oNabhsCpmOTrUY0AcMaXRg8P9a3am3PUpO4sczQK5qlwBnL7bzdHBSmKpA2ue-BeMhdAzr7DJJ7HzfYsQdTgoaEsgzGifROqZuEePfkud4Ox4QebaL4tJh7jigh4Oug5TsRJJ6BEfMVoPnDfZRn09No5ArnzP0eDOazGSUmcKx5JDs/s1099/IMG_8090.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1030" data-original-width="1099" height="375" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGXGn6qdvAiPOy-oNabhsCpmOTrUY0AcMaXRg8P9a3am3PUpO4sczQK5qlwBnL7bzdHBSmKpA2ue-BeMhdAzr7DJJ7HzfYsQdTgoaEsgzGifROqZuEePfkud4Ox4QebaL4tJh7jigh4Oug5TsRJJ6BEfMVoPnDfZRn09No5ArnzP0eDOazGSUmcKx5JDs/w400-h375/IMG_8090.jpeg" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/break-even-shale-oil.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-5405316058254731006Fri, 18 Sep 2026 14:26:10 +00002026-09-18T16:26:10.254+02:00oilUrals<p> The Urals Oil premium.&nbsp;</p><p>- During periods of positive Urals oil premium, the oil price goes up.&nbsp;</p><p>- During periods of negative Urals oil premium, the oil price goes down.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg80N10hh3CHj61jxMAz4Ni0-3RHex5DPy8XMOiBcc0CbzfP2aL0kJ3m4ylYU3StGeXZtHDpLjMoX-9b7A0K0vLSZECA4k1EVeR-mFkHcGQTIc3qtjtJ629o4HierMJjXOQx6C3j9ShYI7AcqCerEfdOGCCakbmHNty-6G8uw37ZgBvmH27tPGVNNhMYc4" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="572" data-original-width="1130" height="203" src="https://blogger.googleusercontent.com/img/a/AVvXsEg80N10hh3CHj61jxMAz4Ni0-3RHex5DPy8XMOiBcc0CbzfP2aL0kJ3m4ylYU3StGeXZtHDpLjMoX-9b7A0K0vLSZECA4k1EVeR-mFkHcGQTIc3qtjtJ629o4HierMJjXOQx6C3j9ShYI7AcqCerEfdOGCCakbmHNty-6G8uw37ZgBvmH27tPGVNNhMYc4=w400-h203" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/the-urals-oil-premium.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-7059364656957588228Thu, 17 Sep 2026 21:16:38 +00002026-09-17T23:16:38.130+02:00crudediesel<p>Crude oil should be at $180/bbl.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjK71dCbKjuH-zXVJPUq_BlDjTyKLbS7tgdBVD6JbQ4wWnPP0rk_qzk4Ca8xN9gF9VVqZbe7OPte7qN-bnIjfGphXo4daynR53kpN3hJ3dOwdy4oy4UbtZqhwHqrfTUKfj9pl0CBcUSRxtvEwyfeCdnm7WtwCn8_IUh6OlaKQf0PRDqE7I6hwTjhGAtuqM" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="540" data-original-width="1169" height="185" src="https://blogger.googleusercontent.com/img/a/AVvXsEjK71dCbKjuH-zXVJPUq_BlDjTyKLbS7tgdBVD6JbQ4wWnPP0rk_qzk4Ca8xN9gF9VVqZbe7OPte7qN-bnIjfGphXo4daynR53kpN3hJ3dOwdy4oy4UbtZqhwHqrfTUKfj9pl0CBcUSRxtvEwyfeCdnm7WtwCn8_IUh6OlaKQf0PRDqE7I6hwTjhGAtuqM=w400-h185" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/crude-oil-vs-diesel-oil.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-1278032063195662604Wed, 16 Sep 2026 18:02:03 +00002026-09-16T20:02:03.462+02:00dotFOMCplot<p>&nbsp;Previous:</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjUttd-vuCRLOfXRmeaSqwyo_xJqMid66UrGUv_J7yGJxl4LuI2YE_N218jQvN-3pvInGQrmHs33bQ51tz_chYtst7LYbtxM2l-_JOtZsLSbIK1FaoYO9hHzzJ42_iiHw0a2lQlHgGOmkDqc3Xqfhgz0caWxWnMbIVuYwX8qSVTu4qVxHRd2VPP1v351Rk" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="647" data-original-width="757" height="342" src="https://blogger.googleusercontent.com/img/a/AVvXsEjUttd-vuCRLOfXRmeaSqwyo_xJqMid66UrGUv_J7yGJxl4LuI2YE_N218jQvN-3pvInGQrmHs33bQ51tz_chYtst7LYbtxM2l-_JOtZsLSbIK1FaoYO9hHzzJ42_iiHw0a2lQlHgGOmkDqc3Xqfhgz0caWxWnMbIVuYwX8qSVTu4qVxHRd2VPP1v351Rk=w400-h342" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: left;">Now:</div><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: left;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEi6qblpni-SJOCnTZgsE2jj-dMPklgawzmPE67kbTlFiAuSiAK0dhAa-nL2GXjwrXZ9DCB2KI_V3veoVEbpscZRiekE0Yd6zzp50M18SsF-5dWkF5J15RmodmmX2WkaCh_eJr7_e5VuvLxwc93GK3G96HIV0NIW0oEkHDDb9MVdBhIyayRUBS4PJtXHSnk" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="636" data-original-width="772" height="330" src="https://blogger.googleusercontent.com/img/a/AVvXsEi6qblpni-SJOCnTZgsE2jj-dMPklgawzmPE67kbTlFiAuSiAK0dhAa-nL2GXjwrXZ9DCB2KI_V3veoVEbpscZRiekE0Yd6zzp50M18SsF-5dWkF5J15RmodmmX2WkaCh_eJr7_e5VuvLxwc93GK3G96HIV0NIW0oEkHDDb9MVdBhIyayRUBS4PJtXHSnk=w400-h330" width="400" /></a></div><br /><br /></div><br /><p></p>http://katchum.blogspot.com/2026/09/dot-plot.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-353045330337142008Tue, 15 Sep 2026 13:03:10 +00002026-09-15T19:19:29.490+02:00Chinaoil<p>China needs oil.&nbsp;</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjgClLDD4pZJXnDVa58q7VOY3MbFVulLcLBTudyVl-Yz_6W0tqRbKurpmdECco0opsW6UZEBRaZBCg8bxchk20kvEjOeR8_JXdyuULxlW-MfejoIDw6Zak56fqay5x5ryBs-by024HtcqgdPPcgZoVZJrihx_Baw_ey2Qb1A6osDAsiY9vADXXQibnxEnI" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="633" data-original-width="1065" height="238" src="https://blogger.googleusercontent.com/img/a/AVvXsEjgClLDD4pZJXnDVa58q7VOY3MbFVulLcLBTudyVl-Yz_6W0tqRbKurpmdECco0opsW6UZEBRaZBCg8bxchk20kvEjOeR8_JXdyuULxlW-MfejoIDw6Zak56fqay5x5ryBs-by024HtcqgdPPcgZoVZJrihx_Baw_ey2Qb1A6osDAsiY9vADXXQibnxEnI=w400-h238" width="400" /></a></div><br /><p></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg_sLGFelWoSyktTbJr2QSuKDQkB9SbYA6yMqH_qK770Eq1m2rkSAazQW-rdQl3U_QkK11gEYcqbeLxJidWurUhm3YW6UGNvwUl-tTWkvoNFG2hwHRyIvGu7W8PZiQAnRXZwLiDjTLvYpHDYlPJV0OBfBMJ8Ggq2AVteW74-dFlJNVNyt1lNAR_6duSN-g" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="747" data-original-width="1313" height="228" src="https://blogger.googleusercontent.com/img/a/AVvXsEg_sLGFelWoSyktTbJr2QSuKDQkB9SbYA6yMqH_qK770Eq1m2rkSAazQW-rdQl3U_QkK11gEYcqbeLxJidWurUhm3YW6UGNvwUl-tTWkvoNFG2hwHRyIvGu7W8PZiQAnRXZwLiDjTLvYpHDYlPJV0OBfBMJ8Ggq2AVteW74-dFlJNVNyt1lNAR_6duSN-g=w400-h228" width="400" /></a></div><div><br /></div>But not heating oil.<br /><p></p><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgKZZfDi6wuC1PB30T4hydRNAhTd0-PiysVRE-JK2OgwYgzL-vGcgjlE4jSjOWHBMYVs10587K5GFuaY7-e2sDj6ja28pFnnmxzXwX5FzLFJnxqA1ohAQ32vtGMzbNNozdqGmizftjAyf8qS-u6pdGbBdf3MLvWxpBlX-y-EyKpmUuCNxjA9rq2nxVLUz4" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="741" data-original-width="752" height="393" src="https://blogger.googleusercontent.com/img/a/AVvXsEgKZZfDi6wuC1PB30T4hydRNAhTd0-PiysVRE-JK2OgwYgzL-vGcgjlE4jSjOWHBMYVs10587K5GFuaY7-e2sDj6ja28pFnnmxzXwX5FzLFJnxqA1ohAQ32vtGMzbNNozdqGmizftjAyf8qS-u6pdGbBdf3MLvWxpBlX-y-EyKpmUuCNxjA9rq2nxVLUz4=w400-h393" width="400" /></a></div><br /><br /></div>http://katchum.blogspot.com/2026/09/shanghai-oil-price.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-6031067759393348640Thu, 10 Sep 2026 18:31:51 +00002026-09-10T20:32:39.137+02:00oil<p>This is a chart from the <a href="https://x.com/mb_ghalibaf/status/2098088721216078032">minister of Iran</a>. It says that Hormuz is going to close indefinitely and oil will rise to $160/bbl.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhaR6ZXsh_sSLMle8WcY2MVI6A_XbzLT2YgRnsDqY95QQml-Cd4NoKsDdgP8zBabOkOZpL-pdmUWakYVFjsetbKVqKuWc5dxk3slQiFQeGDQrPIQaVQQdIC8dmFzRKU5Tb2t5rtHw2oRiM2K_ZYtUsdPrcLI6Lsjp-PgdpLoHtLm3mVnEFW_Qd10OPQ1x0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="1172" data-original-width="2048" height="229" src="https://blogger.googleusercontent.com/img/a/AVvXsEhaR6ZXsh_sSLMle8WcY2MVI6A_XbzLT2YgRnsDqY95QQml-Cd4NoKsDdgP8zBabOkOZpL-pdmUWakYVFjsetbKVqKuWc5dxk3slQiFQeGDQrPIQaVQQdIC8dmFzRKU5Tb2t5rtHw2oRiM2K_ZYtUsdPrcLI6Lsjp-PgdpLoHtLm3mVnEFW_Qd10OPQ1x0=w400-h229" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/the-plan.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-3554883336578593004Fri, 04 Sep 2026 16:41:26 +00002026-09-04T18:41:26.640+02:00coppersupply<p>Down&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgaFXHK9wN9eubRQj1zFIRRQibrHG2jJUuUDgHBexnsUyKYgpb-uXEhe60N9mhzIN4_FKjtmpgTPnC316mHPG_-6EQWefDdHdEJfNBNn0nQ4-yxdSiCpXYNhqyrXwZeIEsq2f8-SV6HAGjPMvfq-QOY-Tx25VgKVBR2tvu_Jlaknk9gQ28aqz43PginTBs" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="1001" data-original-width="1594" height="251" src="https://blogger.googleusercontent.com/img/a/AVvXsEgaFXHK9wN9eubRQj1zFIRRQibrHG2jJUuUDgHBexnsUyKYgpb-uXEhe60N9mhzIN4_FKjtmpgTPnC316mHPG_-6EQWefDdHdEJfNBNn0nQ4-yxdSiCpXYNhqyrXwZeIEsq2f8-SV6HAGjPMvfq-QOY-Tx25VgKVBR2tvu_Jlaknk9gQ28aqz43PginTBs=w400-h251" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/09/copper-supply.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-4981616943697234015Thu, 03 Sep 2026 15:38:07 +00002026-09-23T18:17:15.722+02:00Hormuzoil<p>Closed again.<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEim0w_mJgdbU5NAzORBfLI0roWYjhDCTpd3d5gnZ4k7OEiS1CdY3i3kwpF8kRpynIFk05dstdbTK8uRxRLMFRE9h-X9vbIDSQp_BjjUKE9ZNUDmhzehxkdXFyEa-XdfulKNPH9dUshV2_KQ_So82MZffqCcHVky9nDszcaaDWF4_6V6-9NBsNdEiaXav0Y/s925/IMG_8045.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="709" data-original-width="925" height="306" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEim0w_mJgdbU5NAzORBfLI0roWYjhDCTpd3d5gnZ4k7OEiS1CdY3i3kwpF8kRpynIFk05dstdbTK8uRxRLMFRE9h-X9vbIDSQp_BjjUKE9ZNUDmhzehxkdXFyEa-XdfulKNPH9dUshV2_KQ_So82MZffqCcHVky9nDszcaaDWF4_6V6-9NBsNdEiaXav0Y/w400-h306/IMG_8045.jpeg" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: left;">However, <a href="https://x.com/LSREnergy/status/2101704844314652746?s=20">actual flows</a> (crude + products) are higher.</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiMXSEny8T1AdMO4bFpunomT6FNGZylhODlkND4K9QatEgd0sG06GyN-pHoOcz3_6C8-cS4oodN_VfwWq_Y_W8_BbUsRmA8nFulr5QeeElo_eU3WR766lt7BLyMTI-nQHF-xemfBKoStSOC3yzpNOYuK5QCcMg6y1uLoqJLoz2KBk_Wjz-jg3ff7PD0AeM" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="380" data-original-width="673" height="226" src="https://blogger.googleusercontent.com/img/a/AVvXsEiMXSEny8T1AdMO4bFpunomT6FNGZylhODlkND4K9QatEgd0sG06GyN-pHoOcz3_6C8-cS4oodN_VfwWq_Y_W8_BbUsRmA8nFulr5QeeElo_eU3WR766lt7BLyMTI-nQHF-xemfBKoStSOC3yzpNOYuK5QCcMg6y1uLoqJLoz2KBk_Wjz-jg3ff7PD0AeM=w400-h226" width="400" /></a></div><div><br /></div>But even with higher flows from the Middle East, inventories are dropping due to China depleting its inventory.<div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgnuAl2SiLjKehWEqaXEGsAcMdbGWz9nvKINjC7s4RoUdLGsHgBmBBx0gVApTbTCsyvndMk2xceARccyfaFp3thflcKebMDS1kA1xNPS401t5fdI5CXpwwafouS8U8bSB4KcP-bH-EAfwIY_SBzBnkShH7rVghLPYglW6z8ImKQGM896sJotfmN2fpM6Q8" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="609" data-original-width="900" height="271" src="https://blogger.googleusercontent.com/img/a/AVvXsEgnuAl2SiLjKehWEqaXEGsAcMdbGWz9nvKINjC7s4RoUdLGsHgBmBBx0gVApTbTCsyvndMk2xceARccyfaFp3thflcKebMDS1kA1xNPS401t5fdI5CXpwwafouS8U8bSB4KcP-bH-EAfwIY_SBzBnkShH7rVghLPYglW6z8ImKQGM896sJotfmN2fpM6Q8=w400-h271" width="400" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEimbiDNv6dMGapEqg3PGnJGmerGGKHImCZRJ5eRx6yn9J_7Y32kwSE8_p2wkEuuj7MH37qXWgv6XgXGjtKPe9ncqrbtT3GTaNP1tJXirltcA7WQyHR7Ng86OBBZ4qIOu49c6cM5_QKdUqdKzFxDQqxT-F-VGYUJCpJhww35AlFcvey2PVLyM63WI7D7fFk" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="704" data-original-width="1070" height="264" src="https://blogger.googleusercontent.com/img/a/AVvXsEimbiDNv6dMGapEqg3PGnJGmerGGKHImCZRJ5eRx6yn9J_7Y32kwSE8_p2wkEuuj7MH37qXWgv6XgXGjtKPe9ncqrbtT3GTaNP1tJXirltcA7WQyHR7Ng86OBBZ4qIOu49c6cM5_QKdUqdKzFxDQqxT-F-VGYUJCpJhww35AlFcvey2PVLyM63WI7D7fFk=w400-h264" width="400" /></a></div><div><br /></div>Brent should be going to $120/bbl.<br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgFue8S3amJeKEWJEUt5zCcC2ZjzM5hZ7uL29eMbkSwhxhUohL86ptnJwDuZuMV9KE06uq3ZtJHVi5YYTwptlKzMtj4kBlKC2pHzOOr789FAy6g2-wcFTQKWEKXDXH1P6QK53ThU3fBmtcO1NVIgJzmOVvOfM8NEOigFOnLnZUfjJy_MG7iQYzdTcxXJHw" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="1210" data-original-width="2048" height="236" src="https://blogger.googleusercontent.com/img/a/AVvXsEgFue8S3amJeKEWJEUt5zCcC2ZjzM5hZ7uL29eMbkSwhxhUohL86ptnJwDuZuMV9KE06uq3ZtJHVi5YYTwptlKzMtj4kBlKC2pHzOOr789FAy6g2-wcFTQKWEKXDXH1P6QK53ThU3fBmtcO1NVIgJzmOVvOfM8NEOigFOnLnZUfjJy_MG7iQYzdTcxXJHw=w400-h236" width="400" /></a></div><br /><br /><p></p></div>http://katchum.blogspot.com/2026/09/hormuz-disrupted.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-8565371089570601293Fri, 28 Aug 2026 15:08:04 +00002026-08-28T17:08:04.015+02:00GoldSingapore<p><a href="https://www.businesstimes.com.sg/companies-markets/family-offices-cheer-mas-lifting-precious-metals-cap-do-not-expect-gold-rush">Singapore</a> removing cap on gold. Bullish gold.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgUmgh0ALvqDcta8EJQV4r7QjojikCTVxNubMCLE1nYk-Kq54Ev_ndTIRQyyuDgPcw7riD35WQVODzMskJYZUZrkoesy0h0tvxPI9wxAU5qzzqsSqACzIltxHV255gRxMYjK7vq1BKXxogCpuKo7G7pYYMDMxbS_i5yoeX9qe8VUisbvtaTfeUdO5u5gzY" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="532" data-original-width="747" height="285" src="https://blogger.googleusercontent.com/img/a/AVvXsEgUmgh0ALvqDcta8EJQV4r7QjojikCTVxNubMCLE1nYk-Kq54Ev_ndTIRQyyuDgPcw7riD35WQVODzMskJYZUZrkoesy0h0tvxPI9wxAU5qzzqsSqACzIltxHV255gRxMYjK7vq1BKXxogCpuKo7G7pYYMDMxbS_i5yoeX9qe8VUisbvtaTfeUdO5u5gzY=w400-h285" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/08/singapore-removes-5-cap-on-gold.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-1222300537272578811Wed, 19 Aug 2026 14:01:44 +00002026-08-19T16:01:44.364+02:00<p>They are upping the QE.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEguVWvQLEBsNImkErrjSrlFVAg_WtunH-Oup5xl_JRRDGKeT7H3x4Fe_OlTPnK56kBfKmxSLQUjTdaC1OSz5BJnSZJfqI7NvwNyBPQZHqwQgzs3s92tg1XQFporJGIB8IsbkLFx7grggxV9jqGy0GeqPT58EgN53qelb-p6cebdTNTYxQOtBiO15Shcff0" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="130" data-original-width="561" height="93" src="https://blogger.googleusercontent.com/img/a/AVvXsEguVWvQLEBsNImkErrjSrlFVAg_WtunH-Oup5xl_JRRDGKeT7H3x4Fe_OlTPnK56kBfKmxSLQUjTdaC1OSz5BJnSZJfqI7NvwNyBPQZHqwQgzs3s92tg1XQFporJGIB8IsbkLFx7grggxV9jqGy0GeqPT58EgN53qelb-p6cebdTNTYxQOtBiO15Shcff0=w400-h93" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/08/qe-doubled.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-6557164424893372352Wed, 19 Aug 2026 08:42:00 +00002026-08-19T10:42:00.392+02:00fundGold<p>The gold bottom is in.&nbsp;</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjzG52GXGOdztNDfSk5hzMuDWA2xhOp80OxMnaLlYQedvo5QouI1Cd98d6IoRqF_nyQM4UVQlK8RaEi4POMQFpDJeTxWSeDc0CGUTNu9kWvXbAV8YB9hUsmRGdNQ61CDnZJdRyBi-b63IciGW3vg5vjn-t9VlbmwqwY58YJKk9cxx4h0zLFkGFRJfoK4rU" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="602" data-original-width="1057" height="228" src="https://blogger.googleusercontent.com/img/a/AVvXsEjzG52GXGOdztNDfSk5hzMuDWA2xhOp80OxMnaLlYQedvo5QouI1Cd98d6IoRqF_nyQM4UVQlK8RaEi4POMQFpDJeTxWSeDc0CGUTNu9kWvXbAV8YB9hUsmRGdNQ61CDnZJdRyBi-b63IciGW3vg5vjn-t9VlbmwqwY58YJKk9cxx4h0zLFkGFRJfoK4rU=w400-h228" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/08/fund-managers-gold-bottom-is-in.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-348313826494099620Thu, 13 Aug 2026 19:00:08 +00002026-08-13T21:00:08.721+02:00bondsGold<p>Bull market in gold.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZLiLV9-dzbR5VL6XNkR5X4YtRV5JdE63vYQkIpZDu6Sba80ck8khND2aFKwE8Eg2z8VPMCx0rPVdKk3XCGhRUW5ZBFBq4n9IobOTHanauv6Z5LDeQGd7UzYDMyDcjhY5MU3Z6-KBktxODqp-79poNfSP8teH6-iBwIiaSiPCZ_Z6UH3fWk0BrCNPZt5c/s777/IMG_7963.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="413" data-original-width="777" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZLiLV9-dzbR5VL6XNkR5X4YtRV5JdE63vYQkIpZDu6Sba80ck8khND2aFKwE8Eg2z8VPMCx0rPVdKk3XCGhRUW5ZBFBq4n9IobOTHanauv6Z5LDeQGd7UzYDMyDcjhY5MU3Z6-KBktxODqp-79poNfSP8teH6-iBwIiaSiPCZ_Z6UH3fWk0BrCNPZt5c/w400-h213/IMG_7963.png" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/08/bond-bear-market-until-2040.htmlnoreply@blogger.com (katchum)0tag:blogger.com,1999:blog-2632357035930457754.post-2486929550108846770Tue, 11 Aug 2026 14:38:08 +00002026-08-11T16:38:08.735+02:00USD<p>USD is in a down cycle.<br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1rZlcL1-1RXUGl36Ytoa4QAYGOUPt5s45n_sZd1uHAX38pghOlNVOLRZgvJWHbpmpWoVB7bBz_K65hHC2X5DXbmE1KcJ_Ga6vn7IyogxAREuryAzL3zavpzHzUE10Qwbw8HLa8kmlVOz223sjCT64W_i_f8e4mvxOw46_SjAz3TPnRkLvEfPB-WD7cOo/s1199/IMG_7952.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="704" data-original-width="1199" height="235" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1rZlcL1-1RXUGl36Ytoa4QAYGOUPt5s45n_sZd1uHAX38pghOlNVOLRZgvJWHbpmpWoVB7bBz_K65hHC2X5DXbmE1KcJ_Ga6vn7IyogxAREuryAzL3zavpzHzUE10Qwbw8HLa8kmlVOz223sjCT64W_i_f8e4mvxOw46_SjAz3TPnRkLvEfPB-WD7cOo/w400-h235/IMG_7952.jpeg" width="400" /></a></div><br /><p></p>http://katchum.blogspot.com/2026/08/usd-cycle.htmlnoreply@blogger.com (katchum)0