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.
Is This the Time to Buy Real Estate in Portugal? Read More »
Real estate investments are not something you just jump into. You need a full plan for the investment. It is important that you decide on your investment strategy before settling on a particular house or property. Different investment strategies do exist, and it is important to decide before the actual investment begins.
Update on the Real Estate Market Read More »
The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he’s ready to extend that influence to counter the West. His tools: Russia’s abundant resources of energy, including uranium. There’s a new war developing on the continent, and the weapons this time will be oil wells, gas fields, and uranium mines, pipelines and ports, processing facilities, and supply deals.
The New Cold War: The “Putinization” of Uranium Part 2 Read More »
Although we don’t like to admit it, Uranium is a big part of the energy picture with roughly 16% of the world’s electricity coming from nuclear power. In the U.S. it is almost the same at 19%, with 37% coming from coal, 30% from Natural Gas, 7% from hydro-power, and only 5% from other renewable sources including 3.46% from Wind, 1.42% from biomass, 0.41% from geothermal and only 0.11% from Solar. So Solar power would have to increase by 2000% to replace Uranium. This is not from some perverse desire by the electric companies but simply because the economics of nuclear power has been favorable with cheap Uranium and expensive solar panels. But with the advent of fracking Natural Gas is becoming cheaper in the U.S. while as we will see in this article Uranium will become more expensive shortly. Another factor playing against Solar power is the ability for decentralization as each homeowner could produce their own power but this would involve homeowners taking the responsibility for their own future and naturally this is not in the power company’s best interest, so it has been downplayed as an option.
The New Cold War: The “Putinization” of Uranium Read More »
You’ve undoubtedly read about the dramatic increase in demand for gold and silver bullion products since the big correction. Supply has gotten tight, premiums are rising, and inventory is hard to come by, especially for certain silver products. But it’s worse than you may know. Many of these reports come from the retail side of the business, including those from sovereign mints. This information is indicative but more important is the activity among the wholesalers. It’s possible the retail trade is just experiencing a giant bottleneck, which would come with a different set of conclusions than if behind the scenes the wholesale industry is seeing net sales.
Buy Gold and Silver NOW Read More »
For a new shale discovery – however large it maybe – it would take years just to prove up its commercial viability, another few years to get the infrastructure running, and even more years before it produces enough to matter. This means there are tremendous opportunities to profit – for those who are in the know – while we wait for the rest of the world to catch up.
Bits and Pieces from Casey Research Read More »
Looking at the factors forcing the price of gold down last week caused me to scratch my head a bit. Even though the price of gold was falling on the futures market anecdotal evidence showed that physical gold dealers were doing a booming business as sales volume was actually up by 50% last week as buyers of the physical metal were jumping on the opportunity to buy gold at a discount. So I wondered how could demand for physical gold be up while prices continued to fall? The answer it appears is that there is a major disconnect between physical gold vs. “paper gold”. In today’s article, Bud Conrad looks at the factors in this disconnect.
Physical Gold vs. Paper Gold Read More »
