There are still major concerns over the Greek debt resulting in high uncertainty in the financial markets with crude oil prices falling, gold and silver remaining high and the Euros to US dollar exchange rate shifting direction on a daily basis. Here are a several recommended posts you may find interesting related to these subjects listed above as of June 18th:
In Forexcrunch, Yohay examines the Euros to USD exchange rate and the effect of the Greek debt crisis on this exchange rate; there is another post showing the changes in EUR/USD and AUD/USD related to the Greek debt;
Kathy Lien shows a graph of the credit rating of the Euro Zone countries including Greece, Ireland and Portugal;
Mike Shedlock bashes the current IMF and ECB policies in regards to the Greece debt crisis;
Kurt Cobb examines the Shale gas myths and facts;
Dave Summers asks whether the alternative energy may curb the rise in oil prices;
Energy Digital shows that the recoverable gold resources may end within the next 20 years;
And finally, on Israel Business Review, I update about the Natural gas market in Israel including the Egyptian natural gas.
Here are a three long term articles on Trading NRG regarding major commodities:
- Gold and silver prices outlook for June 2011
- Oil prices Monthly outlook –June 2011
- Natural gas prices outlook for June 2011
Have a great weekend!!