…plans to issue new derivatives, similar to the options granted to its employees, and to sell these derivatives to willing buyers. The price that the buyers pay would represent the…

…in recent years, including today’s most recent data. The first chart shows prices in markets that have been appreciating rapidly for quite some time. The rapid price appreciation of the…

…recent run up in oil prices, is a recession likely? Back in April, I wrote “I think a sustained contract price of over $50 (or WTI price close to $60)…

…the closing price of one day, which could be up to 0.15% lower than that day’s starting price, becomes the starting price the next day). In short, I can easily…