Fortunes are going to be made in this bull market.
BUCKLE UP: This Sector Is About To Skyrocket
June 2 (King World News) – Graddhy out of Sweden: Oil companies have broken out big time vs tech stocks.
And the ratio is now backtesting the breakout.
Means this ratio has now resumed its bull market.
KING WORLD NEWS NOTE: Oil Stocks Are About To See Serious Liftoff
The oil & gas stocks have been front-running oil up from the lows, and oil is now catching up. And do note here also that the oil stocks have been resilient despite the recent huge volatility in the oil price.
As been saying for years – there is a massive move globally from overvalued paper assets, into still undervalued hard assets.
The underlying move in oil now is not because of geopolitical tensions, but because of the commodities bull market. The geopolitical things enhance the moves but the underlying strength was already there.
Since I called the commodities bear market low almost 6 years ago, in real-time, I have been saying that this commodities bull market is the best opportunity you will ever have in life to get out of the rat race.
Following the right people is absolutely vital.
The ongoing move into hard assets will blow your socks right off…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
The Biggest Bubble In History Keeping The US Afloat
Peter Boockvar: The data center buildout is keeping the US economy afloat, its beneficiaries are continuously taking the stock market to new highs, and the technological advancements are exciting but we are being reminded again how expensive and capital heavy it all is, especially for the major hyperscaler spenders.
Google/Alphabet seems to have all the building blocks to monetize its development of Gemini and further grow its cloud business but it sure is costly. This company generated about $73 billion of free cash flow in both 2024 and 2025, bought back $62 billion of stock in 2024 and $46 billion in 2025 and spent $52.5 billion on CapEx in 2024 and $91.4 billion in 2025. Now, they are raising $80 billion of equity, just the second equity raise since it went public in 2004, as they sold some shares in 2005, as they need help financing $186 billion of expected CapEx in 2026 and almost $250 billion forecasted for 2027 and as their free cash flow is expected to decline this year to ‘just’ $21 billion and $16 billion expected in 2027. Back in February, they raised $32 billion in debt sales which as of 3/31/26 took their long term debt to $90.5 billion when including lease liabilities, that is up from $22.5 billion on 3/31/25. Asset light no longer.
Further quantifying all the CapEx on the data center buildout, Chris Wood at Jeffries had this chart last week which dates back to post WWII. It speaks for itself the size at which companies are investing. None of this is to say it all doesn’t work out from a monetizable perspective for the builders and the technological wonders for its users, aka, the rest of us, but just to highlight, again, the ever-rising costs of it and its current tremendous economic contribution.
There was a big move lower in JGB yields overnight with the 10 yr in particular falling by 11 bps to 2.58% after a good 10 yr auction was conducted. The bid to cover of 3.53 was well above the previous 12 month average of 3.35, though down from 3.90 in May. With the yen back to 160 vs the US dollar, we watch to see if this market test will trigger another round of Japanese government intervention. I think all they need is another rate hike in a few weeks but we’ll see if it happens or not.
China Paying Massive Premiums For Silver
To listen to James Turk discuss China paying massive premiums for physical silver as well as what surprises are happening in the gold and mining share markets CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair Macleod discuss the collapsing Open Interest and gold and silver being drained out of COMEX vaults CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
The Price Of Gold Is Coiled To Surge Above $6,000 CLICK HERE.
2026 Has Unleashed Screaming Alarm Signals, But Gold Will Resume Its Historic Surge CLICK HERE.
Crude Oil Headed To $150-$160, Plus A Look At Silver As 90+ Day Delinquencies Skyrocket CLICK HERE.
China Paying $10-$12 More For Silver Than What Is Being Quoted On COMEX CLICK HERE.
Gold & Silver Are Being Drained Out Of COMEX Vaults CLICK HERE.
Gold & Silver Open Interest Collapses To Lowest Level In 13 Years! CLICK HERE.
Gold, Miners And Commodities Poised To Radically Outperform CLICK HERE.
The Great Unwind, Gold, Silver And Mining Stocks CLICK HERE.
The Truth About Gold And The Coming Stock Market Crash CLICK HERE.
Everyone Needs To Read This And Be Prepared For What Lies Ahead CLICK HERE.
Look At Who Is Long Gold, Silver, Miners, Oil Fertilizer & Uranium Stocks CLICK HERE.
Huge Gold & Silver Catalysts, Plus Look At What Just Collapsed Below 2008-2009 Lows! CLICK HERE.
Celente Says This Is One Of The Greatest Dangers Facing The World Today CLICK HERE.
COLLAPSE WARNING: This Is The Scariest Chart Of 2026 CLICK HERE.
COMEX Gold & Silver Inventories Are Collapsing! CLICK HERE.
They’re Lying To You About Gold, It’s Not In A Bubble And Headed A Lot Higher CLICK HERE.
One Chart Says It All: Something Is About To Snap CLICK HERE.
Gold Miners Now Doing Largest Share Buybacks In History CLICK HERE.
Another Major Oil Price Spike Will Be Hugely Bullish For Gold & Silver CLICK HERE.
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