
MacroVoices #350 Mike Green: Investing Opportunity in an Increasingly Uncertain World
Macro Voices
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Oil, Gold, Uranium and Treasury Bonds - What's Next for the S&P 500?
The EIA printed a headline number of a massive 5.4 million barrel drawdown, but put your seatbelt on. There's only about 150 million barrels left in the SPR before we get down to the statutory minimum level that it's required to maintain. Washing Oklahoma drawing down 1.6 million barrels that we can't afford to lose. The builds on the board were in finished products with gasoline building 2.2 million barrels and distill its building 1.1 million barrels.
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