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Is The Oil Tanker Trade Over?


84278 Helge Larsen/PI-redaktør 16/5 2020 23:21
Oversigt

"I have had a ton of requests to review the tanker trade. In this video I go over my thesis and why I got involved in the first place. I also discuss why I am still in the trade and why I think it will continue to be volatile yet profitable.

I also discuss the gold price which was up nicely last week and looking to break higher. Gold mining and royalty companies are minting cash at these gold prices which is something I anticipated and which I think continues as the gold price goes higher.

Oil production is getting shut in as prices for crude have collapsed. We are getting closer to a balance in crude markets quicker than many thought".





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