Authored by Dave Forest via OilPrice.com,
Lots of news this week on energy companies from one particular spot on Earth.
India.
In Lebanon — where reports suggest Indian state oil firm ONGC will bid for offshore blocks. In Canada — where Indian officials are said to be negotiating coking coal supplies. And even in Venezuela, where the cash-strapped government is seeking to sell ONGC a 9 percent stake in the key San Cristobal oil field.
Authored by Steve St.Angelo via SRSroccoReport.com,
There are four interesting developments taking place in the gold and silver market that precious metals investors should be aware of. While Americans continue to place all the bets in the casino called Wall Street, via stocks, bonds and real estate, the Easthas been acquiring record amounts of gold and silver. Furthermore, something interesting seems to have changed recently in the Silver Eagle sales market.
Bitcoin and other cryptos have fallen sharply over the past month in a shakeout that saw some of the early longs decide to take their winnings and walk away. But a 20% drop from the all-time highs hasn’t done much to temper wealthy investors interest in bitcoin and other cryptocurrencies as alternative investments potentially worthy of diversification.
Authored by Simon Black via SovereignMan.com,
In 1999 my colleague Tim Price had front row seats to the first Internet bubble.
He tells a great story about being a private client portfolio manager at Merrill Lynch in London at the time, and describes how clients were clamoring to buy technology stocks.
‘Giddy’ doesn’t really do the mania justice. ‘Insane’ comes closer to describing the popular mood.
Authored by Kevin Muir via The Macro Tourist blog,
Bernanke presided over the Great Financial Crisis of 2008. Greenspan had the 1987 crash, along with the 2000 DotCom bust. Volcker had the bond debacle of the early 1980’s and the subsequent Latin American debt crisis.
For the past 35 years, every Fed Chairperson has been tested with some sort of financial event.
Until now…