About this episode

Ferg Cullen discusses the current energy crisis, investment strategies in coal and other commodities, and parallels to the 1970s market conditions.

Straight into it with Ferg Cullen (aka Trader Ferg) in a volatile tape. Core view, energy security is back, and the system is tighter than markets are pricing. Europe is boxed in, storage low, and policy choices are starting to bite. Coal remains his cleanest trade. Strong balance sheets, rising demand, and underappreciated upside as we move back toward winter. The bigger shift is “just in case” over “just in time”. That drives higher costs, more redundancy, and structurally higher inflation. We hit 1970s parallels, policy pivots, nuclear buildout, and why crises force reality over ideology. Positioning, stay patient, avoid leverage, let volatility work. He’s leaning coal, grains, and oil services, while building cash for a broader flush. On gold, long term constructive, near term chop. On uranium, love the commodity, be careful with the miners. Follow Ferg: X - https://x.com/trader_ferg Substack - https://traderferg.substack.com/ Episode recorded: 04/02/26 …………...… DIRECTOR'S SPECIAL EMAIL Join 16k+ subscribers to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Director’s Special⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ : one daily email with all the…

People in this episode

Guest: Ferg Cullen

Topics covered

• energy security
• coal investment
• market volatility
• inflation
• 1970s parallels
• nuclear energy
• commodities

Keywords

• energy security
• coal
• inflation
• commodities
• uranium
• gold
• market volatility

Mentioned in this episode

Organizations: Mineral Media

Products: coal, grains, oil services, gold, uranium

Places: Europe

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