As the world approaches ‘Peak Oil’ crude oil usage will begin to be rationed more and more and the world will turn to nuclear energy to meets its energy needs. As such, expect both oil and uranium to surpass their previous record levels of US$147 per barrel and US$140 per pound, respectively, within the next 2-3 years. Let me explain why. Words: 1446
Read More »Crude Oil Could Hit $105 a Barrel in the Next Six Months – Here’s Why (+2K Views)
A bunch of bobble-heads and tongue-waggers are saying that the recent decline [in the price of crude oil] shows the top is in... [for]this year. Sheesh, gimme some of what they’re smokin’! Words: 1215
Read More »Cycle Charts for the Dow, Gold and Oil Most Revealing!
Larry Edelson's proprietary cycle analyses suggests that we could experience declines in the Dow 30 and S&P 500 to 9,000 and 1,000, respectively, by April of 2011; a potential decline in the price of gold to as low as $1126 by August of 2011 and a decline in the price of crude oil to as low as $69 next year - before taking off to record highs. Words: 781
Read More »Oil Prices Are Going Higher! Here's Why
Global crude oil production has plateaued at 74 million barrels per day. However, now that economies are recovering, consumption levels are back on the rise [and] the result will be an inevitable rise in oil prices. Words: 717
Read More »Energize Your Portfolio With These Energy ETFs (+2K Views)
Crude oil, natural gas, gasoline — our civilization can't live without them. So it's no surprise that energy exchange traded funds (ETFs) are also big business. Today I'm going to give you a brief overview of the ETFs in this sector. As you'll see, energy is a surprisingly diverse industry. Words: 870
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