EIA Inventory Reports

Each Wednesday the Energy Information Administration (EIA), a branch of the Department of Energy (DOE) releases inventory reports outlining activity in the energy sector at 10:30 AM EST. The reports summarize weekly energy supplies and consumer consumption rates. The EIA petroleum inventory reports influence the price of crude oil and the energy market as a … Read more

The Hunt Brothers

Nelson Bunker and William Herbert Hunt were the heirs of oil tycoon H.L. Hunt. The family was one of the richest in America at the time. In the early 1970’s the family decided to buy silver as a hedge against inflation, and amassed it in great quantity. In the fall of 1979, the Hunt Brothers, … Read more