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The Obama administration announced last week that it is seeking a new $10 per barrel tax on oil. The huge tax increase is aimed at energy companies that will surely pass this increased cost directly on to consumers. At $30 a barrel, the $10 tax amounts to a 33% increase in price. The oil price increase...
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Simple Math, Hard Answers Drowning in Oil Third-Order Effects Coup de Grâce? Cayman Islands and Home “We aren’t addicted to oil, but our cars are.” – James Woolsey “The greatest asset, even in this country, is not oil and gas. It’s integrity.” – George...
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IN THIS ISSUE: 1. December Jobs Report Was Stronger Than Expected 2. Yet Some Bad News in the Very Good Jobs Report 3. US Stocks Plunge the Most on Record Last Week 4. China’s Massive $4 Trillion in Reserves is Dropping Fast 5. Crude Oil Price Hits 12-Year Low, Down 10% Last Week Overview In the...
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THE ELEMENTS OF POWER, GROUNDED FOR SECURITY 5-year MarketSafe® Power Metals(SM) CD Now available until July 9, 2015 Don't miss out on this limited-time opportunity to harness the power of three of the world's most valuable and sought-after metals: gold, silver and copper. CD HIGHLIGHTS ...
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Everyone is looking for the holy grail of the financial market which will tell what will happen next in stocks, commodities, bonds etc… Knowing that the holy grail of trading does not exist I am going to step out on a limb and share my four month stock market forecast along with commodities and...
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.........But First, A Word From Our Sponsor.......... WHY RUSH INTO METALS WHEN YOU CAN WALTZ? The rarity of precious metals helps drive their value and potential significance to your portfolio. But for those not interested in making a mad rush to metals, EverBank has unearthed an exciting and equally...
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IN THIS ISSUE: 1. New Year Forecasts Upbeat & Revised Higher 2. Crude Oil Prices Plunged 46% in 2014 & More Since 3. Americans Saved $14 Billion as Gas Prices Plunged 4. Some Analysts Now Predict $30 Crude Oil 5. Crude Price Plunge Shocks the Oil Industry 6. Is Saudi Arabia Behind the Oil Price...
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The Impact of Oil On US Growth Did the Fed Cause the Shale Bubble? Oil in 2015 What If We Just Need Fewer Jobs? Cincinnati, the Cayman Islands, and Florida Last week we started a series of letters on the topics I think we need to research in depth as we try to peer into the future and think about how...
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IN THIS ISSUE: 1. Could Plunging Oil Prices Portend Something Worse? 2. Worst Week For Dow Jones Stocks Since 2011 3. Americans Finally Turning Bullish on the Economy 4. National Debt Topped $18 Trillion in Late November Overview Today, we touch on several bases. No doubt everyone reading this noticed...
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Since peaking at around $107 per barrel back in June, crude oil prices for West Texas Intermediate (WTI) grade have plunged all the way to near $60. The collapse over the last six months has been stunning. I know of no forecaster that saw a decline of this magnitude coming. Both WTI and Brent crude are...
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IN THIS ISSUE: 1. Economy Rose More Than Expected in the 3Q 2. The Economy is Not Yet Out of the Woods 3. The Oil Price Decline is Like a Big Tax Cut 4. President Obama’s Post-Election Temper Tantrum 5. Webinar With Wellesley Investment Advisors on Thursday Economy Rose More Than Expected in the...
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IN THIS ISSUE: 1. US Passes Russia, Saudi Arabia to #1 in Oil Production 2. Multiple Risks/Threats to Global Oil Production 3. North America Leads Crude Oil Production Gains 4. Islamist State of Iraq & Syria – A Dangerous Threat 5. Why ISIS Should Worry Americans & Europeans 6. Our Next...
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By Dennis Miller My children will never let me forget this: while on a Carter-era family vacation to Florida, I pulled into a gas station and abruptly drove off, announcing, "I'll be damned if I will pay $1/gallon for gasoline." With each passing mile on I-75, the prices got higher and...
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.........But First, A Word From Our Sponsor.......... WHY RUSH INTO METALS WHEN YOU CAN WALTZ? The rarity of precious metals helps drive their value and potential significance to your portfolio. But for those not interested in making a mad rush to metals, EverBank has unearthed an exciting and equally...
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Greetings from Australia! I'm on my first trip down under, and I've fallen in love with the country's natural beauty, the glorious weather, and especially the warm, welcoming people here. Australia is truly a slice of heaven on earth. I'm here on business, searching for the next investment...