 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 22 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 22 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 22 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 22 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
New Bitcoin Whales Emerge in the Corporate World
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Finance
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Jim O'Neill, the clever Goldman Sachs analyst who came up with the term "BRIC" a decade ago, has cooked up a new, catchy investment theme. Get ready for the "N-11",…
Fear and the Markets
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The Similarities Between Deepwater Horizon and Global Financial Meltdown
The explosion of Deepwater Horizon and the collapse of Lehman Brothers share similar characteristics of risk, denial and coverup. My good friend G.F.B. recently observed that the Deepwater Horizon catastrophe…
Only Buy Companies You Hate
The Wall Street Journal published one of the funniest investment strategy pieces I have ever read. Dilbert cartoonist Scott Adams argues that you should invest in companies you hate because…
Shipping Rates Continuing to Soar – Could the Chinese be Starting to Unload their Metal Stockpiles
There definitely appears to be something going on with global bulk shipping. I mentioned last week that shipping rates (as measured by the Baltic Dry Index) for Capesize vessels have…
This Could Deliver Wall Street's Next Windfall
I can tell you right now that cap and trade is going to win the political battle over a carbon tax, hands down. Don't waste a nanosecond of your time…
Buy when a Lynch Mob is About to Hang Them From the Lamp Post
You know my preference for buying country funds when there is blood in the streets. The corporate equivalent of that maxim has to be to buy when a lynch…
U.S., Canada, Germany and Japan Back to Pre-2003 Industrial Production Levels
An interesting chart from the Bank of Japan's latest monthly economic report. Japanese capacity utilization is way down. Around 20% of manufacturing facilities are standing idle. This is an improvement…
Credit-Based Speculative Economy Imploding on a Global Scale
A slow-growth real economy has been replaced with a credit-based speculative financial economy dependent on low interest rates and systemic fraud to survive. It is now imploding on a global…
The Hard Truth About Residential Real Estate
Anyone who believes that housing is on the rebound, and that now is the time to buy, should take a very hard look at the numbers I dredged up for…
Silver Coin Sells for $7.85 Million
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Amid the Financial Turmoil One Economic Indicator is Soaring
The financial world is coming unglued again. Greece has pushed the E.U. to the brink. Global stock markets are tumbling. And yet, at the same time at least one economic…
Make Your Next Killing in Africa
Feel like investing in a state sponsor of terrorism? How about a country whose leaders have stolen $400 billion in the last decade and has seen 300 foreign workers kidnapped?
Welcome to Financial Reform Light
Banking industry lobbyists were popping the Champaign bottles in Washington yesterday, as a greatly weakened and enfeebled financial reform bill stumbled across the finish line, coughing and wheezing all the…
Wall Street Corruption: Are People Losing Faith in the Financial System
In order for a financial system to be able to function properly, it is absolutely essential that the general population has faith in it. After all, who is going to…
Why the Euro Crisis Could Go On for Five Years
You often hear the expression that a camel is a horse designed by a committee. The dromedary that the European Central Bank has is spitting mean and ill tempered. Europe…
China Continuing to Buy U.S. Treasuries
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How the Hedge Funds Are Calling the Tune on Oil
Watching the gut churning $22 plunge in crude (USO) has been fascinating, and gives broader insights into the state of global capital markets as a whole. Just as the Gulf…
The Easy Money on the Euro Has Been Made
I have been a conspicuous bear on the euro (FXE) all year, back when it was trading at $1.45. We have now hit my target of the low $1.20's, and…
Chinese Market Indicates that US Stocks could be in for a Big Fall
Does the Chinese stock market presage the U.S. market's direction? If so, the U.S. market is set for a fall. The economies of China and the U.S. are in effect…
