Monetary Base Breaks Out

posted in: Monetary Base, Oil | 0

Data released by the Fed today confirmed that the Monetary Base has officially risen above the range that it had settled in since July of 2011.  Since roughly the same time period brent crude oil and gold have also been … Continued

Checking in on the Brent WTI Spread

posted in: Oil | 0

WTI crude has relatively quietly climbed back into the mid $90 range while Brent continues to be well over the psychologically important $100 mark.  Over the last few weeks the spread between the two has narrowed slightly but is still … Continued