Posts By: Matt Insley

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Matt Insley

The Managing Editor of the Daily Resource Hunter, Matt is the Agora Financial in-house specialist on commodities and natural resources.  He holds a degree from the University of Maryland with a double major in Business and Environmental Economics.  Although always familiar with the financial markets, his main area of expertise stems from his background in the Agricultural and Natural Resources (AGNR) department.  Over the past years he’s stayed well ahead of the curve with forward thinking ideas in both resource stocks and hard commodities. Insley's commentary has been featured by MarketWatch.

Gold Dips Past $1,300 But Traders Aren’t Shorting

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Gold slid below $1,300 an ounce again on Monday, after a 1.9% drop last week to a two-week low below the 200-day moving average. According to analysts interviewed by MarketWatch, the only significant change in world markets was a gradual decline in anxiety over the crisis in Ukraine. However, gold shorts in the Comex’s producer-merchant […]

Labor Unions Express Support For Shale

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Another group of Americans has begun allying itself to the U.S. shale oil industry, reports Rigzone.com. Traditional labor unions in the Utica and Marcellus shale regions of Pennsylvania and West Virginia have recently taken strongly pro-shale stances, citing benefits to their membership from increased job opportunity and pay. The mid-Atlantic region of the Laborers’ International […]

Platinum Miners Resume Talks Amidst Strikes

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South Africa’s Association of Mineworkers and Construction Union will meet with the world’s three largest platinum producers Thursday for talk to end labor strikes that have continued nonstop since Jan. 23, according to Bloomberg. Despite missing an estimated 13.3 billion rand in revenue, the industry has stayed afloat selling existing stockpiles, but those stocks are […]

Crude Ends Run At $105 On Surplus, Libya

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According to a U.S. EIA report, U.S. crude stockpiles rose by 10 million barrels last week, more than four times the amount predicted by Platts analysts. In response, and in expectation that Libyan oil production will increasing come online this spring, prices pulled back below $104 on the NYSE, reported MarketWatch.

Big Opportunity in the “Baby Bakken”

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Last week on a trip to Denver, I got a firsthand look at one simple fact: America is an energy juggernaut. Today, I want to share some insight and give you a front-row seat to America’s next big shale play. Let’s get to it… In the past 10 years, the U.S. has turned the ship […]

Nickel Rises to 14-month High on Indonesia Ban

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Nickel advanced for an 11th straight day to the highest level since February 2013 on concern that Indonesia’s ban on unprocessed ore exports will limit global supplies. According to Bloomberg, tensions between Ukraine and Russia also supported the increase in price, as Russia is home to OAO GMK Norilsk Nickel, the world’s biggest producer of […]

Brent Edges Up on Concerns Over Global Oil Supplies

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Brent crude prices rose to over $108 a barrel as growing tensions between Russia and the West over Ukraine fed concerns over global oil supplies. According to Marketwatch, prices also found support after U.S. retail sales jumped a stronger than expected 1.1 percent in March. Traders are eagerly looking forward to weekly figures released by […]

Copper Futures Fall Amid China Demand Concern

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Copper headed for the biggest loss in two weeks as increased government scrutiny of corporate debt in China, the commodity’s biggest user, fueled concern that defaults by manufacturers will curb demand, reports Bloomberg. Many companies hold the metal as collateral which would be released into the marketplace if those companies were to default on bonds. […]

Oil Holds Above $102 as Traders Assess Supply

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Oil futures remained above $102 a barrel due to lingering concerns over Ukraine and talk that the reopening of Libyan oil ports may be delayed. According to Marketwatch, the Ukraine government has recently warned pro-Russian activists who took over state buildings in eastern Ukraine cities to enter talks or face the use of force. In […]

U.S. Gasoline Prices Rise to Eight-Month High in Lundberg Survey

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The average price for regular gasoline at U.S. pumps rose 4.9 cents in the past two weeks to $3.61 a gallon, the highest since last July. Current demand for gasoline remains .8 percent above the five-year seasonal average. Motor fuel stockpiles have fallen 7.6 percent in six straight weeks of decline, reports Bloomberg.

Oil Prices Drop on Reports Libya Port will Re-open

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Four oil terminals that have been occupied by Libyan rebels for eight months will now be slowly reopened, reports Marketwatch. The two smaller ports, which have a combined export capacity of 200,000 barrels, are expected to open immediately, while the two larger ports are due to open over the next four weeks. The re-openings would […]

Aluminum Climbs to 2014 High

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According to Bloomberg, aluminum reached a 2014 high amid continued cuts in production of the lightweight metal. Alcoa Inc. stated that they will cut production at some of its Brazilian smelters after they declared it was shutting down an Australian smelter a month prior. Leading global producer of aluminum, United Co. Rusal, said that their […]

Miners Evacuate Sites in Chile due to Earthquake

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Workers at Anglo American PLC and GlencoreXstrata’s PLC Collahuasi copper mine in Chile have been evacuated after a major earthquake struck the nation, reports Marketwatch. “We evacuated Collahuasi last night for obvious safety reasons. We will be inspecting the site for any damage today,” according to an Anglo American spokesman. Collahuasi is located 200 kilometers […]

Profit From The Comeback Story Of The Year

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With the right trading mindset, you can turn America’s glowing natural gas future into profits. Today, I want to give you a snapshot of where I think natgas is heading for the rest of the year, and how you can continue to make gains as America’s energy renaissance kicks into high gear! But first, be […]

Oil Scores Weekly Gain, but set for Loss on Month

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According to Marketwatch, oil prices advanced 2.2% for the week as optimistic U.S. economic data buoyed prospects for energy demand.  However, as March comes to a close, crude futures are set for a monthly loss, approximately a .9 percent decline in price. Tyler Richey, and analyst for the 7:00’s Report stated “Looking forward, we expect […]

Gold Prices Drop as Equity Rally Cuts Demand for Precious Metals

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Gold futures fell for a fourth straight session as a rally in U.S. equities cut demand for the metal as a haven asset, reports Bloomberg. Prices fell 2.1 percent this month after Federal Reserve Chair Janet Yellen announced the central bank’s debt buying program may end this fall with interest rates starting to rise six […]

Coast Guard Opens All Houston Ship Channel Traffic Lanes

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Recently, the Coast Guard reopened all lanes of the Houston Ship Channel, home to the nation’s largest petrochemical complex and export port for the first time since March 22, 2014, when a shipping accident caused a 4,000 gallon oil spill. Voyages are currently restricted to daylight hours, but the channel will become fully operational, 24 […]

Natural Gas Slips Near 10-Week low on Mild Weather After Storm

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Natural gas dropped near a 10-week low as forecasts predicted warmer weather which would reduce demand for the heating fuel during the cold spell brought on by the lingering polar vortex. According to Bloomberg, gas fell 1.3 percent while futures slumped 32 percent from a five-year high of $6.49 on February 24th on predictions of […]

Decode Gold’s Next Move With This Key

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That’s the number you should concentrate on today, and for the next nine months. It’s a specific number, to be sure. But it’s as important a number as you’ll see in today’s gold market. And if you’ve been waiting for the next leg higher in precious metals, you’ll want to keep an eye on those […]

Houston Channel Closed as 24 Vessels Skim 4,000-Barrel Oil Spill

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A barge containing about 22,000 barrels of crude oil partially sank near Texas City, Texas, spilling approximately 4,000 barrels into the Houston Ship Channel, closing the shipping lane. According to Bloomberg, the accident took place when two ships collided around noon this past Saturday. The 52-mile shipping lane is a key transit route for processed […]

Copper Drops to Lowest Since July 2010 on China Concerns

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Copper dropped to a 44-month low after the collapse of a real-estate developer in China, which fueled concern that defaults by indebted companies will severely decrease the metals demand. According to Bloomberg, Zhejiang Xingrun Real Estate Co. crumbled less than two weeks after China’s first onshore bond default. Goldman Sachs predicts that 1 million metric […]

Gold Falls Most in Six Weeks on Bets Fed to Cut Stimulus

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According to Bloomberg, gold futures fell the most in six weeks on speculation that the Federal Reserve will taper monetary stimulus as the economy gains, which would curb demand for the precious metal as a store of value. Gold has advanced 13 percent this year, but futures recently fell 1.4 percent to $1,340.20 on the […]

29% Gains from Buffet’s Gamble

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“As long as more goods move from place to place in this country, rails are going to get their share, and it should be a very profitable business,” says the investably infallible Warren Buffett. Rail has “real economic advantages,” he says. We agree. America’s energy boom has provided the country with countless windfalls: cheaper feedstock […]

Speculators See Gold Gaining With Wheat on Ukraine

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Despite an abysmal year for gold in 2013, hedge fund managers are returning to gold and wheat “as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities” reports Bloomberg​. Bullion reached a 6-month high as gold climbed 3 percent last week to $1,379 an ounce and wheat entered a bull market as Crimea prepared […]

Commodities Cushioned From Crimea Crisis by Ample Supply

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“Unprecedented natural gas reserves in Europe, record global grain output and the threat of mutual economic calamity from oil sanctions are cushioning commodity prices even as the Ukraine-Russia conflict spurs a gold rally” reports Bloomberg. Wheat and corn advanced 13 percent and 4.3 percent respectively, which remain below the peaks in 2010, the last time Russia […]