The White House might be gaping in shock that the U.S. federal court overturned the six-month drilling moratorium, but it really isn’t all that surprising. Amid the finger pointing and political posturing, the Obama administration seems to have missed a vital detail – the U.S. oil industry is in a spot of bother.
Gulf Spill: Obama’s Waterloo? Read More »
If you ever happen to eavesdrop on a conversation between energy investors, two words are sure to crop up – China and oil. Usually, they’re used together and usually, it’s about China’s increasing presence on the global oil scene.
It’s a pretty safe bet that, as one of the world’s fastest growing economies, China needs a lot of energy. And with an oil appetite that grows by 7.5% each year, seven times faster than the U.S., the country’s reserves don’t even begin to compare to the consumption.
The Hungry Dragon: China’s New Oil Market Read More »
For some years now, Doug Casey has gone on record with his view that we’ll know the gold bull market is really picking up steam when central banks stop selling their reserves of gold and begin buying the stuff. The following excerpt from a Wall Street Journal article titled “As Gold Hits Record, Central Banks in Focus” indicates that this is now happening…
Central Banks Push Up the Gold Price Read More »
Everybody has their own personal reasons for expatriating, but here are some of the benefits
Ten Benefits of Expatriation Read More »
The U.S. consumes nearly three times the amount of oil that it produces domestically on a daily basis. How can this statistic get any worse, you might ask?
Will Obama Destroy U.S. Energy Independence? Read More »
Following a recent group email exchange with Louis James, the truly tireless editor of Casey’s International Speculator currently kicking rocks in Colombia, one of the non-Casey Research participants in the exchange commented, “You guys are doing it right. How many research shops have emails that start out with ‘Greetings from Medellin’?”
Colombia Is Open for Business Read More »
Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry. With increased global demand and declining supply, easy oil is not so easy anymore.
Everything is about to get more expensive. From gasoline to anti-freeze, life jackets to golf balls, and eye glasses to fertilizer. There are very few things in the modern world that aren’t made from oil, made by machines dependant on oil, or shipped by vehicles powered by oil.
Cheap Oil is Gone, and That’s Good News Read More »
For years, gold bugs like Doug Casey and his team have been saying that once gold takes off to stratospheric heights, it will take the gold mining stocks with it. It’s called the “Mania phase” of the commodity bull market.
Has this time arrived now?
Canadian Gold Juniors Soar – Should You Buy Now? Read More »
After a relaxing Thanksgiving break, I anticipated to return to work in a lighter frame of mind. However, the following item from FOX News crushed that hope right away: Lawmakers Propose ‘War Surtax’ to Pay for Troop Increase in Afghanistan. Two top Democrats say they want to impose a new tax on the wealthy to finance any increase in U.S. troops for the Afghanistan war.
Taxes and More Government Oppression Read More »
Editor’s Comment: What you pay for gold often depends on the “Gold Spot Price” so what exactly is the Gold Spot Price? Terry Coxon explains… Will the “Real Price” of Gold Please Stand Up- What is the definition of Spot Gold? London Fix? Comex? etc. By Terry Coxon, Editor, Casey’s Gold & Resource Report Gold
What is the Definition of “Spot Gold”? Read More »
