Good day. Here’s your second reminder — this coming Sunday is Mother’s Day. Don’t you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother’s Day game. When I was a young man and played baseball, we always began our season on Mother’s Day. These days, the baseball season for youngsters has been going on for over a month!
[Read more...]Elections Throw Euro Under a Bus
May 8, 2012 By Leave a Comment
Last Friday, I sent you into the weekend talking about the elections that had held the euro (EUR) hostage, which would be held in France and Greece. France got their Socialist leader — good for them. I hope they have fun with that. And Greece got a government — no wait, no they didn’t. You see, the Greeks tried to vote in anti-euro leaders, but couldn’t get enough to form a government.
[Read more...]Elections Throw Euro Under a Bus
May 8, 2012 By Leave a Comment
Last Friday, I sent you into the weekend talking about the elections that had held the euro (EUR) hostage, which would be held in France and Greece. France got their Socialist leader — good for them. I hope they have fun with that. And Greece got a government — no wait, no they didn’t. You see, the Greeks tried to vote in anti-euro leaders, but couldn’t get enough to form a government.
[Read more...]The Return of Cheap Oil?
May 3, 2012 By Leave a Comment
Will new energy discoveries and new technology sink oil prices? Will lower oil prices rescue the world from the Great Correction?
Maybe, say Porter Stansberry and a good number of the analysts and experts here.
We’re attending an investment conference — for professionals only. It’s a beautiful place for one. The island is a barrier island, mostly sand…surrounded by ocean or marshland. There is a golf course…tennis courts…bocce courts… Maybe even a kangaroo court. Or an appeals court. And a royal court. Not to mention a food court.
[Read more...]The Return of Cheap Oil?
May 3, 2012 By Leave a Comment
Will new energy discoveries and new technology sink oil prices? Will lower oil prices rescue the world from the Great Correction?
Maybe, say Porter Stansberry and a good number of the analysts and experts here.
We’re attending an investment conference — for professionals only. It’s a beautiful place for one. The island is a barrier island, mostly sand…surrounded by ocean or marshland. There is a golf course…tennis courts…bocce courts… Maybe even a kangaroo court. Or an appeals court. And a royal court. Not to mention a food court.
[Read more...]The Rising Price of a Falling Dollar
April 13, 2012 By Leave a Comment
Do you know why oil and prices are moving sharply higher? Some blame the oil companies, charging they are manipulating prices. Others cite US sanctions on Iran and the threat of a military encounter that would disrupt the flow of oil from the Middle East.
Speculators, too are blamed for ostensibly bidding up the price of oil. In the political arena, President Obama is taking credit for increased domestic oil production even as his critics point out the slow pace of drilling permits issued by his Administration soon will hamper additional increases in the US oil production.
[Read more...]The Upside to a Natural Gas Downturn
April 2, 2012 By Leave a Comment
Isaac Newton showed us that for every action there is an equal and opposite reaction. That is why every downside force in the energy sector creates upside opportunities elsewhere. The challenge is finding them. It takes an understanding of the entire global energy machine to figure out what areas are benefiting from the changing landscape.
[Read more...]China Posts Strong Manufacturing Data
April 2, 2012 By Leave a Comment
When I left a couple of weeks ago, it appeared as though the bond rally that began in the early ’80s was about to finally break. But as I return, I see that the yield on the 10-year has regained some vigor, and rallied from the 2.38% when I left to 2.22%. (Remember, when the yield on a bond falls, the price goes up.)
[Read more...]
China Stops Buying Eurozone Debt
Good day. Here’s your second reminder — this coming Sunday is Mother’s Day. Don’t you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother’s Day game. When I was a young man and played baseball, we always began our season on Mother’s Day. These days, the baseball season for youngsters has been going on for over a month!
[Read more...]