Thursday, March 26, 2020

Forbes: Low Oil Prices Could Help Boost Crushed Gold Miners

By SIMON CONSTABLE

Get ready for a rally in the gold patch.

Over the past month, gold mining stocks got crushed along with most other assets.

But the divergence of how the miners performed with what happened to the price of gold bullion has now become so great that it seems to offer rare opportunities for daring investors. The falling price of oil, and the likely coming rally for gold, only adds to the relative attraction of such mining companies. Read more here.

Tuesday, March 24, 2020

Forbes: Oil Prices Could Plunge To $10 A Barrel, Swamp Storage Capacity Report Says

By SIMON CONSTABLE

The prognosis for the oil patch just got worse.

The price of a barrel of crude oil could more than halve from current levels if the coronavirus pandemic isn’t brought under control. Plus global oil storage facilities could quickly get overwhelmed, analysts say. Read more here.

Photo by Erik Mclean on Unsplash

Friday, March 20, 2020

Forbes: Europe’s Economy Could Shrink By A Record-Breaking 15% In The Second Quarter, Report Says

By SIMON CONSTABLE

How bad will things get for mainland Europe in the coming weeks?

Worse than you could imagine for the countries of the single currency area known as the eurozone. Read more here.

Korn Ferry: The Mental Health Toll of Working in Isolation

By SIMON CONSTABLE

The company needed to keep operating while having many of their staff self-isolate to contain the spread of the coronavirus. The big plan was to make sure the supply chains and other operations ran efficiently despite shortages. Only managers kept making one critical assumption: the at-home employees would keep handling their tasks as if nothing in the world had changed. Read more here.

Monday, March 16, 2020

Forbes: Coronavirus Lockdowns To Cause ‘Unprecedented’ Hit To World Oil Demand, Report Says

By SIMON CONSTABLE

Oil traders should look out below!
The COVID-19 Pandemic is set to cause an ‘unprecedented’ drop in the volume of oil the world consumes this year, experts say. Read more here.

Monday, March 9, 2020

Forbes: Brace Yourself For Another 33% Drop In The Price Of Crude Oil

By SIMON CONSTABLE
Look out below. Oil prices are set to fall further.
That’s saying something because on Monday they dropped around 20% during the session to around $34 recently down from $57 a year ago. Read more here.