Latest Articles

The More Corrupt the State, the More Numerous the Laws

In his first inaugural address, Thomas Jefferson said the purpose of government is to “restrain men from injuring one another” and “shall leave them otherwise free to regulate their own pursuits of … [Read More...]

Why America is no Longer a Free Capitalist Country

Most Americans are under the mistaken assumption that we are a free capitalist country. And because of the many social problems that currently exist they mistakenly believe that the solution is … [Read More...]

The Socialist Time Capsule

“Socialism,” says Oleg Atbashian, “conserves the stage in which the society existed at the time it was overtaken. “Cubans still drive American cars from the 1950s, North Koreans still dress in the … [Read More...]

Latest Financial Trends

The Six Contradictions of Socialism in America

I have seen the future and ran away. At first the move to America from the former USSR made me feel as though I had made a jump in time, from the stagnant depraved past into a distant dynamic future. There was an abundance of commonly available futuristic … [Read More...]

The Big Short

Perhaps you've seen the 2015 movie or read the book The Big Short by  Michael Lewis about the financial crisis of 2007–2008, which was triggered by the build-up of the housing market and the economic bubble. If you missed it, here's what happened... In 2005, … [Read More...]

Oil Rally Reaching Limit

Oil prices have rallied by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. U.S. … [Read More...]

Oil Won’t Stage A Serious Rebound Until…

Oil prices have shown signs of life over the past few weeks, as production declines in the U.S. raise expectations that the market is starting to adjust. As a result, Brent crude recently surpassed $40 per barrel for the first time in months. A growing list of … [Read More...]

Electric Car War Sends Lithium Prices Sky High

With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it's no wonder everyone's bullish on this golden commodity that promises to become the "new … [Read More...]

The Truth About the Russia-Saudi Oil Deal

If you follow the oil news, you've probably heard about the OPEC oil deal between Russia and the energy ministers from Saudi Arabia, Qatar, and Venezuela. When the news was announced Oil prices jumped. But if you think this deal actually means anything I've got a bridge … [Read More...]

Why Hillary was Smiling in New Hampshire

Many commentators were wondering why Hillary was smiling so broadly after the New Hampshire primary since she lost so soundly. NPR said, "Bernie Sanders crushed Hillary Clinton with Democratic voters, just as polls had predicted." Sanders had 60% of the popular vote and … [Read More...]

Russia Cries Uncle on Oil

Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening? In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has long insisted OPEC … [Read More...]

Why Europe is Going to Get a Lot Worse Before It Gets Better

(Interview) Europe: Why It's Going to Get a Lot Worse Before It Gets Better New interview with our European markets expert By Elliott Wave International Brian Whitmer, the editor of our monthly European Financial Forecast, explains what indicators helped him … [Read More...]

60 Reasons Why Oil Investors Should Hang On

Inventories will continue to rise, but the momentum is slowing. The following are some observations as to how we got here and how we're gonna get out. 9 Reasons Why Oil Has Taken So Long to Bottom: 1. OPEC increased production in 2015 to multiyear highs, principally … [Read More...]

Where’s Gold Headed Today?

Interest rates in the United States are rising, the stock market is falling, so investors are being very cautious and looking for a monetary safe haven. Does this mean it's finally time to turn back to gold? During most of 2015, the U.S. price of gold plummeted... … [Read More...]

Will Oil Prices Rebound in 2016?

Days ago oil was trading at cyclical lows of below $28/barrel but as of this writing it has rebounded over 14% to close the week above $32. Is this a sign of a bottom or merely a respite on a move to $5/barrel as some are predicting? The short-term price rebound … [Read More...]

Are Low Crude Oil Prices a “Boom Or A Curse” For The World Economy?

As the chart to the left shows, in the period from 2002 until 2014 the U.S. moved from 3rd place to 1st place in world crude oil production. This is primarily due to the improvement in "fracking" technology which has led to the massive increase in the production of … [Read More...]

Strippers Suffering From Low Oil Prices

With Prices Below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. As producers … [Read More...]

The End of the Longest Running War in the Americas

By Nick Giambruno Drug cartels. Kidnappings. Assassinations. A war for billions in cocaine profits. Leftist guerrillas looking for a piece of the action. If you’ve seen a movie with this stuff in it, there’s a good chance it was set in Colombia. Popular … [Read More...]

ISIS, Turkey And Oil – The Bigger Picture: Interview With Pelicourt

As the terrorist attack in Paris sparks worldwide fear of similar reprisals and a bloody shootout and hostage situation in a five-star Mali hotel exacerbates those concerns, global energy security reels under the pressure of unfathomable geopolitics. In an exclusive … [Read More...]

Saudi War Of Attrition With Russia’s Oil Industry

Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the … [Read More...]

Elon Musk’s Hyperloop Takes A Step Forward

For the first time in close to a century, mankind may be about to give serious attention to a technology that has the potential to be a true game-changer in transportation. Elon Musk famously proposed the idea of the Hyperloop a few years ago, and suggested it could … [Read More...]

Forget Vegas, Nevada Is Now About Reno And Lithium

Nevada is booming as new lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple. As the state's southwest corner fills up with new lithium players, Tesla gears up for its battery gigafactory and the … [Read More...]

The Balance Between Creating and Taking

In reading this article it made me think about the difference between the views of Capitalism. Many people believe Capitalism is evil because it is based on greed and that involves scarce resources and taking what belongs to another. Others believe that Capitalism is … [Read More...]