You probably heard, OPEC stuck to its word and agreed to cut crude oil production. What followed was the biggest short squeeze since 2009. So, what’s next?
Africa and the Middle East
If you’re interested in mining stocks, you can’t ignore frontier markets like Africa and the Middle East.
There’s hundreds of Aussie mining companies with operations overseas you can profit from. They’re listed right here on the ASX and you can buy them as easily as you order a pizza. You already know about the diversified giants like Rio Tinto and BHP. So does everybody else. But not many follow the smaller, usually more lucrative plays from Aussie gold miners in West Africa, potash plays in Morocco and palladium miners in South Africa.
See below for insights and analysis on the best Aussie miners operating in Africa and elsewhere.
It could throw the cosy, fascist nexus between Wall Street, Washington and the military-industrial complex into a frenzy.
Demand for oil in China is expected to grow 3% this year. So in theory Iran could take the market share of whatever growth in oil demand comes out of China.
Saudi Arabia has announced that it’s cutting all diplomatic ties with Iran. The decision comes as yet another blow to regional stability.
Like all the other Middle East conflicts, this one has energy at its core. And connected with that is US monetary policy.
If US ground troops are committed to the deserts of Saudi Arabia, it will be to protect the oil fields in the East. Saudi Arabia is a glittering prize...
Today we'll attempt to explain why the potential for war between the US and Syria, is a direct result of the relative decline of US imperial power.
The Saudis now have a chance to dictate who the ruler of Syria will be, and perhaps obtain a strategic position in the energy of the 21st century: natural gas.
The recovery in share price is just beginning. In the grand scheme of things, it was easy to see that Dubai’s economic recovery was inevitable...
While the spot price of iron ore shipped to China is already down 14.2% in the last month, Dr Alex Cowie is in Hong Kong trying to figure out where the Chinese are hoarding all their gold. He sent this note from a conference he's attending.
The Middle East has a dramatic impact on the global price of oil...and today we've got visual proof! I call it the 'Middle East Effect' - and over the past few years it's responsible for the majority of oil's major moves, including a recent pullback in prices.
'William Knox D'Arcy is, almost by definition, the most influential Australian who has ever lived. He is a giant figure on the world stage.'
Let's take another look at human evolution.
There are things you can control in life (your efforts) and things you can't (results). This brings us to fall and decline of Mrs Ples. Hers is a cautionary but inspiring tale about the power of positive thinking.