Schachter’s Eye on Energy – Sept. 16th

09/16/2020 12:12 PM

Hurricane Sally has closed down over 1/3rd of US offshore Gulf of Mexico production and with this weeks decline in commercial crude oil stocks, WTI prices are lifting. Josef sees this as temporary as there is now declining US demand and OPEC is overproducing. Each...

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Gold Inches Closer To $2,000

09/16/2020 8:54 AM

Gold prices advanced higher on Monday as a weaker US dollar and expectations that the US Federal Reserve will reiterate its dovish monetary policy stance later this week helped to reinvigorate investor interest for bullion. Spot gold was up nearly 1.0% at $1,959.44...

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