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Archive for May, 2008

Paul van Eeden - Is Fed to blame for Oil Price Increase?

Posted by Roger in May 30th 2008  

Paul van Eeden of Cranberry Capital is seen on this video defending his view that the Federal Reserve is in great degree responsible for the price of oil increasing.
Notice that this guy from CNBC states that the official government statistics on inflation just don’t support Paul’s views on oil. Did someone not give this guy [...]

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under: Federal Reserve, Peak Oil
Tags: paul van eeden oil price, Peak Oil
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Formation Capital - Cobalt Project Moving Forward

Posted by Roger in May 30th 2008  

Formation Capital (T.FCO) is regaining share price as the Biological Opinions needed for the EPA to issue their record of decision is completed and in the hands of the EPA to finish up.
Formation Capital’s share price had suffered with mining companies of every flavor especially since March of this year. Formation is rather unique in [...]

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under: Cobalt
Tags: Cobalt, formation capital
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Mexico’s falling oil production crimping supplies

Posted by Roger in May 29th 2008  

Mexico’s state owned oil monopoly, Pemex, is reporting dramatic rates of falling production. Mexico’s oil production has fallen 24 percent in the last 12 months alone. This is getting the attention of oil traders and speculators contributing to the recent rise in the price of crude oil, and subsequently, refined products such as gasoline.
Were Pemex [...]

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under: Casey Energy Speculator, Peak Oil
Tags: mexico falling oil production, Peak Oil
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May Edition of Casey Without Borders

Posted by Roger in May 28th 2008  

The May 2008 edition of Casey Research’s Without Borders went live today and I devoured it almost immediately.
This month’s issue spelled out the goods on yet another high profit potential locale for those interested in international living, retiring overseas or the adventurous expatriate. They also had some important updates on popular countries such as Argentina [...]

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under: Casey Without Borders, Expatriate, International Living, Retire Overseas
Tags: Casey Without Borders, Fitzroy McLean, intenational living, international investing, Retire Overseas, Simon Black, us attack iran
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Taking Physical Delivery of Gold and Silver

Posted by Roger in May 26th 2008  

Owning precious metals such as gold and silver is extremely wise for people in every country of the world, but especially for Americans right now as the U.S. Dollar finds its ultimate value - zero.
But how should you own gold and silver?
Taking physical delivery of gold and silver has risks. So do you put it [...]

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under: Casey Without Borders, Gold and Silver
Tags: gold storage, gold transportation, take physical deliver of gold and silver
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Bush Visits Saudi’s - Begs for Help on Oil Price

Posted by Roger in May 26th 2008  

I was catching up on some interviews Al Korelin did the other day, and he was asking Dennis Gartman about the recent trip President Bush made to Saudi Arabia. Dennis had a number of things to say on the trip and none of them were good.
First off, Bush makes the U.S. look weak when going, [...]

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under: Dollar Weakness, Gold and Silver, Stock Market, the TREND letter
Tags: bush saudi arabia visit, copper prices, dennis gartman, Peak Oil
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Dennis Gartman - Back Into Gold So Soon?

Posted by Roger in May 26th 2008  

I don’t remember the price of gold when Dennis Gartman, editor of the ultra expensive Gartman Letter, sold gold just a short time ago, but it’s around $900 per ounce yesterday when he supposedly signaled that it’s time to get back in.
Maybe his readers made money on that deal, but I doubt it.
IMHO, gold & [...]

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under: Casey Big Gold, Casey International Speculator, Gold Stocks, Gold and Silver
Tags: dennis gartman gold, time to buy gold
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U.S. Mint Rations Silver Eagles

Posted by Roger in May 25th 2008  

Our friends over at GATA have this story on The U.S. Mint rations silver eagles.
I believe this demand for the Silver Eagles could be just beginning. In making my rounds of my day job, I NEVER hear anyone talking about precious metals. As the article mentions, some feel a craze like this could end badly, [...]

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under: Casey Without Borders, Gold and Silver
Tags: canadian maple leaf silver, us mint rations silver eagles
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Where to Invest Now

Posted by Roger in May 23rd 2008  

I just listened to an interview by Al Korelin of the Korelin Economics Report with guest Peter Grandich.
Al and Peter talked about where to invest right now. They discussed Jim Rogers answer to the same question recently and Rogers answer was “Food & Water”. Naturally, I think this is in addition to other commodities as [...]

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under: Casey Energy Speculator, Casey Without Borders, Gold Stocks, Stock Market, the TREND letter
Tags: al korelin, Casey Energy Speculator, Casey Without Borders, peter grandich, resource stocks, the TREND letter, water resource investing
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The Value of The U.S. Dollar

Posted by Roger in May 23rd 2008  

This image simply has to go viral. It obviously shows what many of us think is the intrinsic value of all fiat currencies, in particular the U.S. Dollar.
I think even Dr. Ron Paul might approve of this illustration. Why politicians drag oil executives into the room to be grilled over a problem that essentially stems [...]

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under: Casey Big Gold, Casey International Speculator, Dollar Weakness, Gold Stocks, Gold and Silver, Ron Paul
Tags: gold currency, ron paul president, us dollar toilet paper
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