 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.768 | +0.033 | +1.22% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 15 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 15 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 15 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 15 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
Breaking News:
The Global Economic System is Reaching Its Limits
The world's economic myths, especially…
Central Asian Economies in Limbo As China Fails To Find Its Feet
The World Bank forecasts slower…
Finance / the Markets
Morgan Stanley’s Chief Strategist Talks, Oil, Gold and Bailouts
David Darst, Managing Director and Chief Investment Strategist of Morgan Stanley spoke at the Harbor Investment Conference yesterday and he laid out a few investment ideas. He said that gold…
Who Says Hedge Funds Aren’t Adding Value?
According to my old friend, Rick Sopher, chairman of LCH Investments in London, the top ten hedge funds have earned $153 billion for their investors since inception. John Paulson’s fund…
Be Careful - It’s Not Easy to Get Rich Quick!
Over the last decade investors and home-owners experienced a series of brutal beatings in what was historically a very short period of time. Many investors took heavy losses in the…
Bernanke's Response To Commodity Price Inflation Accusation
Bernanke responds today to the accusation that the commodity price boom is being caused by U.S. monetary policy: Supply and demand abroad for commodities, not U.S. monetary policy, are…
Capital Leaving Middle East Looking For Safe Havens In Hard Assets and Oil
Last week I warned of a flare-up in Egypt and a reversal in oil and gold. The media are transmitting pictures of street scenes in Egypt that for the most…
Swiss Banks in for a Pounding Over Banking Secrecy – Why you Should Go Long Gold
The blow up in Egypt is going to create ripples all over the globe. It will certainly be disruptive for equities and the dollar. It will influence global bond yields…
Baltic Dry Index Set for a Big Fall?
A friend calls from Athens this morning moaning and groaning about the sorry state of the shipping industry. I ask, “What’s new that makes you so grumpy?” He points me…
When will the Commodities and Chinese Real Estate Bubbles Pop?
During a presentation last week a questioner asked me what I thought about predictions that gasoline prices would reach $5 a gallon this summer. I offered this critique. I said…
Another Nail in the Market’s Coffin
I think it was very interesting not to see what happened today, but what didn’t. The Federal Reserve announced that it would continue its purchase of $600 billion in debt…
Watch out for the Black Swans
It is not my intention to ruin your day. But I may well do that if you read this piece. While traders pile on their longs with reckless abandon, and…
Buying Straw Hats in the Dead of Winter
I am one of those demented people who buys flood insurance when the sun is shining and sun tan lotion by the gallon from Costco in the dead of winter.…
Is a Weak Dollar Really a Bad Thing?
One of the top themes for 2010 in economics, politics, and diplomacy was the damage being done to the U.S. economy by an undervalued Chinese yuan. As the yuan began…
Is the Dollar’s Reserve Currency Status Being Threatened?
Randall W. Forsyth points to two recent developments as part of a broader change in the global monetary system: The new world monetary order continued to evolve with two…
Is it Possible for the US Dollar to Rise 50%
Conventional wisdom is that the Fed wants the U.S. dollar lower, so it must drop. But the dollar seems to be lacking proper obedience to the Fed's grand commands. Before…
The Case Against Treasury Bonds
If you want to delve into the case against the future of US Treasury bonds in all its glory, take a look at the November/December issue of Foreign Affairs, the…
The Chinese Yuan is Just Begging for a Home Run
Any doubts that it is a huge screaming buy should have been dispelled when news came out that China had displaced Germany as the world’s largest exporter. The Middle Kingdom…
Vietnam is a Paradise for Demographic Investors
Now that we have figured out that Vietnam is a great place to invest, take a look at the Van Eck Groups Vietnam Index Fund (VNM). The venture will invest…
Euro Shows One Size Doesn't Fit All
When do two diametrically opposed economists, one from the left and one from the right, agree? Answer: When the subject of the euro comes up. So it is that Paul…
Green Mutual Funds Outperforming Traditional Funds in the U.S.
Equity mutual funds that incorporate environmental, social and governance (ESG) analysis are outperforming their more traditional peers, according to analysis by Trucost and RLP Capital. Seven out of eight responsibly-managed…
Trade Alert for the (SSO)
After the Dow’s impressive 250 point blast off to the upside yesterday, my phone started ringing off the hook. Fundamental and technical analysts around the world were screaming at me…
