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 be a revolutionary method for travel based on available technology today.
Elon Musk’s Hyperloop Takes A Step Forward Read More »
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 world’s largest data center sets up shop, Nevada is poised for one of the greatest economic revival stories of the century.
Forget Vegas, Nevada Is Now About Reno And Lithium Read More »
The whole of economic life is a mixture of creative and distributive activities. Some of what we ‘‘earn’’ derives from what is created out of nothing and adds to the total available for all to enjoy. But some of it merely takes what would otherwise be available to others and therefore comes at their expense.
The Balance Between Creating and Taking Read More »
The Republican-controlled Congress faces some tough decisions in the days ahead. Who will they select to replace John Boehner as Speaker of the House? Will they capitulate to the Obama administration’s demands for a no-strings-attached increase in the national debt?
Debt Limit Showdown: Obama Administration Ramps Up Pressure on Republican Allies Read More »
While other commodities are collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom… For several years, experts have been predicting a lithium revolution, and while investors were being coy at first, the reality of the battery gigafactories is now clear, and nothing has hit this home more poignantly than Tesla’s recent supply agreements with lithium providers who will be the first beneficiaries of this boom, followed by a second round of lithium brine developers that are climbing quickly to the forefront.
Lithium Market Set To Explode – All Eyes Are On Nevada Read More »
After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. By simply choosing to utter the right words, the chairman of the Fed can create or extinguish trillions of dollars of wealth both in and outside of the U.S. He holds the economic fate of billions of people in his hands. So it’s no shocker that investors carefully parse everything he says.
The Fed’s Alice In Wonderland Economy – What’s Next? Read More »
The U.S. Energy Information Administration ( EIA) reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply.
Bloodbath in the Oil Patch Read More »
History suggests that investors cling to hope all the way down. As this chart of the average holding period for a NYSE stock illustrates, investors actually turn up the hope and cling most tenaciously to their shares in bear markets. In bull markets they may espouse the buy and hold approach, but the chart shows that they don’t actually practice what they preach.
Why Investors Cling to Hope Amid Stock Market Turmoil Read More »
You have a 50/50 chance of winning $10,000. or getting zero. What do you do? What if you had a 50/50 chance of losing $10,000?
Improving Your Investments with Decision Theory (Risk Aversion) Read More »
This article shows that the Saudis cannot achieve, or even come close to, their estimated 2014 net export revenue if they prolong their current strategy. This doesn’t mean the Saudis won’t stay the course despite its peril to their own situation. To repeat the two modified Keynes quotes: This doesn’t mean the Saudis won’t stay the course despite its peril to their own situation. To repeat the two modified Keynes quotes at the beginning of this article: “A government can stay irrational longer than it can stay solvent.” “Even in the short term, you’re dead, if you commit suicide.”
“A government can stay irrational longer than it can stay solvent.”
“Even in the short term, you’re dead, if you commit suicide.”
OPEC Self-Destruction Thanks To Saudi Oil Strategy? Read More »
