Crude oil may not only be the best commodity play for 2012, it could prove to be the best commodity play of the next three to four years, soundly beating both gold and silver. I’m not talking about oil producers, refiners or drillers…or any individual stock – but the real thing: crude oil itself.
January 10th, 2012 | Steve Belmont | 6 comments | ContinuedArchive for Steve Belmont
Steve Belmont is a partner in the RMB Group, an options firm based in Chicago, Illinois, U.S.A.
Time to Sell Bonds
Every time a frightening headline jolts the financial markets, investors flock to the relative “safety” of US Treasury bonds. But just how safe is a “safe” Treasury bond? The most insidious and dangerous part of the global debt story is hiding in plain sight. US Federal debt is now roughly 85% of American GDP, according to “official” figures.
November 30th, 2010 | Steve Belmont | 0 comments | Continued
The Single Best Trade for 2010
What was the single, most damaging trade of 2009? There are a number of candidates: short stocks, short gold and long the dollar would all be in the running.
December 4th, 2009 | Steve Belmont | 0 comments | Continued
Crude Oil Still Intent on Cracking the $50 Per Barrel Level
As we write this, crude oil continues it crash, seemingly intent on cracking the $50 per barrel level. The early- 2007 weakness in the energy sector has surprised nearly everyone – ourselves included. Yet when viewed in the sharp light of hindsight it makes complete sense. The warm El Nino winter and subsequent larger-than-expected inventories [...]
January 18th, 2007 | Steve Belmont | 0 comments | Continued
