Often we have preconceived notions about what affects the price of gold. Commonly it is believed that inflation is the primary factor in the price of gold but in an article entitled Is Gold really a good Inflation Hedge? I showed the history of Gold and how it really was a fear hedge rather than […]
Poor Economy = Low Gold Price? Read More »
Soon after President Obama was elected, he made a commitment to place the USA on a path to reducing carbon pollution. On June 25th, 2013, he took his most ambitious step yet towards fulfilling this commitment, by unveiling his new climate change action plan, containing proposals to reduce carbon emissions at the domestic level, as well as leading global efforts to combat climate change. These proposals have clear implications for business and industry, as well as for the domestic consumer.
A Look At the US Government’s New Pollution Policies Read More »
Just a few years ago the chatter was that “Peak Oil” was here and all the oil that could be found had already been found. But all that has changed, now new oil and gas  discoveries are being made at a frantic pace. This is not new.  The cycle goes on. When prices of oil or gas
Key Oil and Gas Discoveries of 2013 Read More »
An interesting thing about the uptick in gold prices over the last couple of days is the number of people asking me if I think gold has bottomed. This is somewhat amusing since we all know that no one can time a market, and the questions are coming from my peers—professionals who should know better.
Timing the Bottom of Gold Read More »
The nuclear power debate has surrounded the use of a sustained nuclear chain reaction to generate electricity since the Three Mile Island accident in 1979 and Chernobyl in 1986 and recently Fukushima has reignited the debate. From 1952 to 2011 there have been at least 25 nuclear power plant accidents that had either multiple fatalities or more than US$100 million in property damage. Worldwide there have been a total of  99 accidents at nuclear power plants that either resulted in the loss of human life or more than US$50,000 of property damage.
Russia Building Floating Nuclear Power Plants Read More »
During the last 10 years, the natural gas and oil industry has developed into one of America’s most technologically sophisticated industries. New advancements have caused the industry to become a technological pioneer. In the nineties, increased numbers of power generators started to utilize natural gas for electricity production, which caused demand to rise significantly. This industry has managed to keep up with rising demand and generate larger quantities of gas, thanks to technological advances. These advances have allowed gas to be produced from shale, along with other less conventional formations, which are located in plentiful supply throughout the US. However, natural gas is still produced from traditional onshore and offshore formations as well.
New Technologies in Natural Gas Read More »
No market goes up without a correction. Speculators typically get ahead of themselves. They need to be slapped around a bit… tested… and tempered. Like a steel blade, they need to be hammered before they are ready for the final battle.
Why the Sell-Off in Gold is Good News Read More »
James Stafford of Oilprice.com discusses the following topics with Michael Klare: Why we are talking about a resurgence” of American power Why the issue of US natural gas exports is a geopolitical dilemma Why Myanmar is important but not critical to the US Asia-Pacific “pivot” Why Myanmar IS critical to China Why India and Japan are key to the US’ evolving
Extreme Energy, Extreme Implications Read More »
India’s relentless search for hydrocarbons to fuel its booming economy has managed the rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, all the while leaving the Indian Treasury fretting about how to pay for its oil imports, given tightening sanctions on fiscal dealings with Iran.
On 7 June the US State Department reluctantly announced that it was renewing India’s six-month waivers for implementing sanctions against Iran, along with seven other countries eligible for waivers from the sanctions owing to good faith efforts to substantially reduce their Iranian oil imports. In New Delhi’s case, it is the U.S. and EU-led sanctions rather than any willingness on India’s part that has seen a fall in its Iranian oil imports. India is the second-largest buyer of Iranian oil, a nation with whom it has traditionally had close ties. U.S. Secretary of State John Kerry said that India, China, Malaysia, South Korea, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan had all qualified for an exception to sanctions under America’s Iran Sanctions Act, based on additional significant reductions in the volume of their crude oil purchases from Iran.
India’s Energy Ties with Iran Unsettle Washington Read More »
The time to buy is when everyone else is selling. That holds true not only for stocks but also for commodities like Gold and Real Estate. Another truism is to buy when you least feel like buying. Right now an extremely out of favor asset is real estate in Portugal. They almost can’t give it away. Which is why we are taking a look at it today. In her article, Vivian Lewis gives us some great reasons to consider Portugal.Â
Is This the Time to Buy Real Estate in Portugal? Read More »
