We’re on a roll when it comes to accurately predicting major geopolitical events and their impact on oil prices. In our article titled Takeover of Oil by Militias” published in 2012, we successfully anticipated that Islamic militants (ISIS) would use oil revenues to fund the formation of their own theocracy. In 2013, in our article […]
Russia has been in the news lately, amid allegations that it “hacked the vote”. Yes, the very ‘vote’ that granted ascendancy to Trump as the 45th president of America. What a day January 20 is going to be, so! Many believe that Russia with a volatile, if not belligerent, President aided Trump in no mean […]
Decidedly, 2017 will be the year of pipelines. Let’s draw a parallel with the internet if we should. This article comes to your computer reliably through a series of pipes that did not exist 20 years ago. In many aspects, today’s oil delivery infrastructure is still like the internet of two decades ago trickling over […]
Well, only three months into the year and so far 3 of our 9 initial predictions for 2017 have already unraveled and the rest are in the process of doing so. keystone pipeline is happening oil prices remain in the $50 range major new pipelines are being built to corner the European energy market Oil […]
Some wars are fought on the sidelines. They too are full of ideas, intrigue and bravado. Some backfire thoroughly. The Saudis took a brunt of it in their war with shale. In the US, after the peak oil production of early seventies, the oil industry went into a limbo. It even looked like the US […]
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The Senate health care bill was unveiled on Thursday, and it appears to be dead on arrival. At least four conservative senators say that they can’t vote for the current version because it doesn’t go far enough, while several moderate Republicans are expressing concerns that it goes too far in repealing popular Obamacare provisions. You […]
This post Stockman: Horrendous Storm to Hit Stocks appeared first on Daily Reckoning. [Urgent Note: David Stockman warns that the nation’s future and a massive debt ceiling hangs in the balance as Wall Street stocks carry on. The economist is on a mission to send his new book TRUMPED! A Nation on the Brink of Ruin… and […]
Peter Hambro – source Proactive Investors By Barbara Lewis LONDON, June 22 (Reuters) – Shareholders voted for four new board members at Russian-focused gold miner Petropavlovsk on Thursday, ousting Peter Hambro who has run the company since he founded it in 1994. Rebel shareholders, holding around 40 percent of the company, backed nominees to replace […]
This post Huge Wealth Potential With “Healing Waters” appeared first on Daily Reckoning. The idea of water as a holy substance with healing properties is a recurring theme in world history. The founder of Christianity is said to have begun his mission after baptism in the same Jordan River. And to this day, water is […]
In a recent Forbes article, Validea CEO John Reese shared seven keys to investing success from such legends as Warren Buffett, Joel Greenblatt, Jack Bogle and Peter Lynch. Here are some highlights: Time is your friend—take advantage of compounding returns. Impulse is your enemy—emotional investing decisions are a bad idea. Basic arithmetic works—be mindful of […]
FRA is joined by Uli Kortsch in a discussion of the Monetary Trust Initiative and the underlying problems with the monetary system that lead to its creation. Uli Kortsch is the Founder of both the Monetary Trust Initiative (MTI) and Global Partners Investments (GPI). Currently most of his time is spent on MTI whose mission […]
JAKARTA, June 22 (Reuters) – Operations at the world’s No.2 copper mine in Indonesia are “running as normal”, a spokesman for the local unit of Freeport-McMoRan Inc said, despite thousands of workers extending a strike for another month. Riza Pratama said in a text message on Thursday that “around 25,000 workers and contractors” continued to […]
The continued climb in global stocks this year is being accompanied by rallies in safe-haven assets such as gold and bonds, according to a recent Bloomberg article. “There are plenty of reasons being cautious is paying off,” the article says, such as “politics in Washington is fractured, tension on the Korean peninsula is rising and […]
June 22, 2017 After taking a few weeks off – we’re baaaacccckkkkk!! Editor’s Note – During the show it is stated that German based Lidl owns Trader Joe’s – it is actually Aldi that owns Trader Joe’s. Shadow of Truth returns to the airwaves with the latest updates on Amazon purchasing Whole Foods and how […]
This post Get Ready for ‘QT1’: A First Look at the Federal Reserve’s Hidden Policy appeared first on Daily Reckoning. [Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, is out now. Learn how to get your free copy – HERE. […]
It all seems so reasonable. US Treasury yields have fallen around 50 bp since the March rate hike. Market-based measures of inflation, like the 10-year breakeven and the five-year/five yearsforward, have fallen around 35 bp over the same period. That is to say that the decline in market-based measures of inflation expectations can account for […]
June 22, 2017 Predictably, after the gold price has been pushed down in the paper market by the western Central Banks – primarily the Federal Reserve – negative propaganda to outright fake news proliferates. The latest smear-job comes from London-based Capital Economics by way of Kitco.com. Some “analyst” – Simona Gambarini – with the job […]
This post The New Biotech Boom Begins NOW appeared first on Daily Reckoning. Biotech is blowing every other sector out of the water this week. The biotech sector tossed the flagging Nasdaq over its shoulders and carried it to impressive gains yesterday. Meanwhile, the Dow and S&P 500 finished the day in the red. In […]
Source: Miles Franklin