Latest quarterly letter by @OpenSquareCap is, as usual, worth reading for investors interested in #commodities (particularly #oil) and should be for others as well.

Some key highlights below 🧵
openinsights.substack.com/p/our-q2-2022-… "crushing demand [the Fed's solution to tame inflation today] isn’t a solution when prices are rising because we’re structurally short commodities. Moreover, demand is currently artificially low as we continue to globally recover from COVID"

🧵 THREAD on #uranium investing 2022 (1/n):

To say that this 2022 has been eventful is an understatement. This is true for general investors, but perhaps it’s truer for uranium investors. 2. I’ll run through a quick and simplified list of events (inaccuracies possible) that have shaken, for good or bad, some more than others, the uranium sector in the less than 3 months of 2022.

Snippets from latest @OpenSquareCap Q letter on #oil market (Oct 1).

"We persevere through this tortuous investment because the shortages we forecasted are getting larger.. we’re running about 3 months ahead of the anticipated recovery path we published in our Q1 report" #oott "We anticipate that if prices recover significantly, (US) production will lag as producers repair balance sheets and return capital to shareholders before drilling. Given the treadmill effect of high decline rates though, the days of US reaching 13Mbpd of prodctn are likely over"