Since the advent of the oil business, scientists and engineers have developed a series of very remarkable technologies. Oilfield technology tends to compound at a steady rate, extending the boundary of what was long considered the absolute limit of exploration and production. Oil and gas resources once thought completely out of reach have now arrived [...]
April 13th, 2007 | Dan Amoss | 1 comment | ContinuedArchive for Dan Amoss
Dan Amoss, CFA is managing editor for Strategic Investment and a contributing editor for Whiskey & Gunpowder. Dan joined Agora Financial from Investment Counselors of Maryland, investment advisor for one of the top small-cap value mutual funds over the past 15 years.
Profit Opportunities in US Oil Production Decline
Imagine an army of “nodding donkeys” scattered across windswept plains.
These pumping units toil without fanfare. Up and down, day and night, most draw less than a dozen barrels daily from wells long past their prime. Yet combined, they account for a shockingly high percentage of the oil produced in a country that was once the [...]
Paper Money Is Not Wealth
Paper money is popular under democracies. Under the control of a central bank, paper money provides modern economies with the illusion of great flexibility and resilience. Without the rigidity of the gold standard, bad bank loans are easily swept under the rug. This prevents the possibility of setting a Depression-era bank failure into motion.
Contrary to [...]
Easy Credit and the Demise of the Specialty Retailer
Year after year, the American consumer lives and breathes the quote originally attributed to Mark Twain: “The rumors of my death have been greatly exaggerated.” Your local landfill is now making compost of predictions warning about the imminent demise of the American consumer. These predictions will likely prove correct one day, but the timing is [...]
December 29th, 2006 | Dan Amoss | 0 comments | Continued
The Real Estate Speculator’s Hangover
Everyone has their own opinion on what is happening in the housing market – some say the housing bubble has burst… others say we still have a ways to go. One thing is certain, however, the situation is going to worsen for real estate speculators.
November 8th, 2006 | Dan Amoss | 0 comments | Continued