Today we look at why energy is becoming a flash point in Europe and how natural gas is taking centre stage. First, though, we’d like to announce a changing of the guard in the leadership of the resources market.
February 6th, 2012 | Dan Denning | 1 comment | ContinuedAfrica
Commentary on African economics, politics and society by your Daily Reckoning editors in Melbourne, Australia. Still haven’t subscribed to the Daily Reckoning? What are you waiting for… sign up here, it’s free!
A chronological listing of articles is below.
Tales from the Southern Hemisphere
The Southern Hemisphere is not a bad place to be in the wintertime. That is, when it is wintertime in the Northern Hemisphere. By the time the chilly winds from Baltimore reach the southern tip of Africa they have been warmed by the South Atlantic. Flowers bloom. The sun shines. Gentle breezes glide over the fields and parking lots.
January 24th, 2012 | Bill Bonner | 5 comments | Continued
Marines Caught Out in a Dirty War
And all over the world, the press is howling for the heads of the marines seen urinating on the bodies of dead Taliban soldiers on YouTube. Everyone is appalled. They are not defending the country. They are fighting a mean dirty war.
January 17th, 2012 | Bill Bonner | 4 comments | Continued
Careful Steps to Avoid a “Dystopian Future”
What are the big risks in 2012? We can think of several. But the World Economic Forum only sees two worth mentioning – too many deficits and too great a difference between rich and poor causing a “dystopian future“.
January 13th, 2012 | Bill Bonner | 0 comments | Continued
The Daily Reckoning’s Best of 2011
Happy New Year!
Normal Reckonings resume Tuesday, January 3rd. To tide you over, we’re continuing a tradition we started last year. We reflect on some of the more colourful predictions of 2011. What follows is a selection of musings from Dan Denning, Bill Bonner and the DR team.
January 1st, 2012 | Dan Denning | 0 comments | Continued
A New Theory of Government
We have been disappointed with political ideas and theories of government. They are nothing but scams, justifications, and puffery. One tries to put something over on the common man…the other claims it was for his own good…and the third pretends that he’d be lost without it.
December 7th, 2011 | Bill Bonner | 2 comments | Continued
The “Other” Precious Metal
When you hear the term “precious metals,” you likely think of gold and silver. But there are other metals of great value besides these. So what is platinum, really? What’s the big deal? Why is it important? What makes it the basis for an investment idea?
August 17th, 2011 | Byron King | 1 comment | Continued
Our Economic Future: From Best to Worst Case
There is a great deal of uncertainty among investors about what the future of the US economy may look like – so I decided to take a stab at what’s likely to happen over the next 20 years. That’s enough time for a child to grow up and mature, and it’s long enough for major trends to develop and make themselves felt.
June 10th, 2011 | Doug Casey | 3 comments | Continued
Catching Osama Without a Stop Loss
How can the loss from 11 September 2001, including the government-generated dollar value for the loss of life, be justified by more cost and more killing in the hunt for Osama Bin Laden? How do you do a cost-benefit analysis with no dollar benefits? Put differently, how do you value Bin Laden’s death?
May 7th, 2011 | Nickolai Hubble | 6 comments | Continued
Exactly How Does This Turn Out?
“It’s hard to know exactly how this turns out,” said Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, this past Sunday, in answer to a question about the US-French-British-et al. aerial assault on Libya. Oh, really?
March 25th, 2011 | Byron King | 0 comments | Continued
What’s King Dollar’s Problem?
One of the big mysteries surrounding the latest turmoil in the Middle East is why the US dollar hasn’t benefitted. What happened to the ‘flight to safety trade?’
March 3rd, 2011 | Greg Canavan | 9 comments | Continued
Overstating the Disruption in Libyan Oil Production
Loyalists and rebels in Libya are fighting it out over the town of Brega. That’s one of five export terminals in the east of the country. Two US warships loom over the horizon in the Mediterranean. The flow of Libyan oil to the world market — already a trickle — may soon shut down completely.
March 3rd, 2011 | Addison Wiggin | 0 comments | Continued
Bear Raids in the Economic Battlespace
Before we get to today’s geopolitical story—how the dollar crisis is leading to more failed states and higher oil prices—just a bit more on yesterday’s subject of technical “glitches” in the financial system. You probably saw that automatic teller machines owned by the Commonwealth Bank of Australia (CBA) mistakenly began dispensing free cash to ATM users.
March 2nd, 2011 | Dan Denning | 6 comments | Continued
The Bond Market’s Search for the Bottom
“What’s your view on the revolutions in North Africa,” asked a Dear Reader. Generally, we avoid having views on things we know nothing about. Which is almost everything. As to what is going on, we have no idea better idea than the State Department or the CIA.
March 1st, 2011 | Bill Bonner | 1 comment | Continued
Crisis Edition
Since a Tunisian fruit seller lit himself on fire in protest on the 17th of December 2010, the world has gone bananas (not that it wasn’t before): Yes, it’s been a busy few weeks.
February 26th, 2011 | Nickolai Hubble | 3 comments | Continued
