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I count myself among the pool of investors who believed that oil could spike higher and bought some Canadian oil trusts - pwe and erf - only to find that they now trade at the same price that they...
Both Goldman Sachs and Morgan Stanley, two of the preeminent investment banks in Wall Street have turned to commodities to cushion their balance sheet from the mortgage implosion. Based on their...
Gold has continued to go up over the last couple of months and now sits as at close to a 10 year high. Will it continue to go up? I believe so and here is why:
In my experience, professors are actually pretty good at seeing the big picture and figuring out what is going. This interview of Jeremy Siegel and Witold Henisz is illuminating regarding the...
The dollar continues to collapse against world currencies, hitting a new low against the Euro. The video below explains what is going on and makes the case that gold is the only hedge against what...
Great resource for insight into the oil market. The free version has a two week lag but it's good enough to get a broad sense of where things are going with oil and gas prices
Series | Jul 9, 2007 | Views: 682 | Comments: 0
Tags: energy, oil, gas
Goldman Sachs analyst Jeffrie Currie predicts that oil will rally swiftly and violently rise as bear market fundamentals like the war in Gaza and the Russian pipeline dispute dominate.
If oil stays at or around the current levels, US GDP, by all estimates, will be significantly impacted. Even if the subprime / housing crisis is over (it is not), current oil prices will certainly...
Is gold really a hedge against inflation? The conventional wisdom says yes but the data seems to suggest otherwise. Indeed, the data suggestions that gold is not a hedge against inflation as it is...
For alternative energy to make a dent in US energy generation, massive construction of wind farms will be necessary. But just like the old fashion power plants, there's going to be a "not in my...
Most Americans probably don't know that one third of the world's known oil deposits are buried in the dirt of Canada's Alberta province. The Oil Sands of Canada - as they are known - contain the...
There's a lot of bad news out there but there are also some positive things happening. A story that has gotten somewhat lost in the credit and banking crisis is the fact that the price of oil has...
The US has initiated a widespread probe into possible short term manipulation of oil prices by traders. Here's an interesting quote from the Reuters article:
"However traders and analysts...
The drop in oil prices of almost $24 per barrel has started to shift much of the conversation. Instead of talking about unlimited demand and shrinking supply, people are returning to economic...