Whilst it is true, more often than not, that mining stocks move in the same direction as gold [and historically outperform that of the physical metal based on their better beta statistics] there are periods where this relationship does not hold. That is one of the reasons we currently have no interest in trading or investing in mining stocks. Why form a bullish view on gold and buy mining stocks based on this view, only to see gold rise and mining stocks fall? [Instead,]... our preferred strategy to optimize and maximize potential profits... is using options that are directed based on the price of gold with no other factors influencing their performance. [Let us explain why.] Words: 1235
Read More »U.S. Has 3rd Largest Natural Gas Field in the World – Which Other Countries are Included in the Top 10? (+3K Views)
Natural gas is increasingly becoming an important fuel in meeting the global energy needs. Let's take a quick look at the largest natural gas fields in the world. Words: 300
Read More »Move Over Visa, Mastercard and PayPal! Here Comes a Better Alternative – Dwolla (+2K Views)
Imagine that you could pay for a service online without accruing a mountain of fees. Imagine being a retailer and having the ability to take your customer’s money – and keep all of it. Sounds impossible, doesn’t it? Well, now it’s not. Introducing Dwolla [- a better alternative to credit cards and Pay Pal for everyone involved, except the banks. Let me explain.] Words: 615
Read More »The 1%: Net Worth of $8,232,000; Average Annual Income of $1,530,733 – and More Interesting Facts (4K Views)
You’d be in the top 1 percent of U.S. households if your income in 2010 was at least $516,633; your net worth in 2007 was $8,232,000 or more, and your average income this year is $1,530,773. Where did the top 1 percent make its money? [Take a look at the following charts for the answers.] Words: 1048
Read More »It’s Silver’s Time: Sales of Silver Coins Soaring; Price of Silver About to Soar! (+2K Views)
If sales for November and December match the levels of 2010, total sales of American Silver Eagle coins for 2011 should... [be] more than 20% above the record breaking sales level of 2010. [Not only that but] with physical demand remaining robust and investors seeking safe-haven investments in the face of the Eurozone debt crisis, I believe we could still see silver break above $50 by year-end or during Q1 of 2012 at the very latest. [Let me explain.] Words: 402
Read More »Hubbert: Peak Oil and the Coming Cultural Crisis
In 1956 Hubbert predicted that US oil peak [production] would be sometime between 1969 and 1971 for [which] he was ridiculed...[but it did precisely that - ] in 1970... Then, in 1974, he predicted [that] the world ] production of crude] oil [would] peak [around] 1998 [qualifying that projection by saying] that if OPEC were to restrict the supply, then the peak would be delayed by 10-15 years which would put it at 2008-2013, or exactly right. OK, now is anyone willing to make a bet that Hubbert's THIRD prophecy about the cultural crisis he expected is wrong? Didn't think so. Here it is [- and I include in the article several suggestions on how Hubbert's 3rd forecast might actually be averted were the powers to be agree to take drastic action, which is unlikely]. Words: 1369
Read More »What Happens to Oil Prices if Israel Bombs Iranian Nuclear Facilities? (+2K Views)
We now believe that there is at least a 50% probability of Israeli airstrikes against Iranian nuclear sites... Iran has multiple retaliatory options at its disposal...[and it begs the question:] Which options would most adversely affect the price of oil? [Let's take a look at what those options would be.] Words: 544
Read More »The Implications of Coming "Peak Copper" for America – and the World! (+3K Views)
About two years ago, I looked through a BHP Billiton presentation which listed the number of years remaining for particular commodities. It was not an analysis of “peak” commodities as such, just a report on when various commodities would be completely, 100% depleted based on current usage rates and reserve assumptions. Copper in that report was determined to be scarcer than oil! [What does that mean for the future well-being of the U.S. - and the world?] Words: 1380
Read More »These 5 Charts Clearly Show Just How Major – and Depressing – the Current Unemployment Situation REALLY Is
The unemployment rate declined [slightly in October] from 9.1% to 9.0%...[but a close look, in chart form, at the pattern of unemployment compared to the S&P 500, the extent of unemployment over 27 weeks duration, the ratio of employed people to those aged 16 and over, the average length of unemployment and how extensive unemployment has been in this most recent recession compared to each of the others over the past 60+ years, is very revealing as to how serious the situation is. It is very depressing, indeed.] Words: 601
Read More »What Do the Presidential and Decennial Cycles Infer Will Happen in 2012?
Should we jump into the market now? [Let's take a look at the 178 year history of the 4-year Presidential Cycles and the Decennial (10-year) Cycles and see what they suggest might well unfold in 2012.] Words: 1174
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