And it is not just oil, but all commodities that are shooting up, as Ian Mathias here at The Daily Reckoning reports that commodities are on a tear (up 12.3%), and that “May was the best month for the CRB Index since 1974,” which was more than a third of a century ago.
June 9th, 2009 | Mogambo Guru | 2 comments | ContinuedAll Posts Tagged With: "energy prices"
Energy Prices Are Going Higher
With a crook laptop and an hour to go before we fly to Baltimore via San Francisco, your editor has plugged a few coins into an Internet kiosk at the airport to see what in the world is going on…
September 1st, 2008 | Dan Denning | 0 comments | Continued
Why an Energy Crunch Could Lead to Booming Profits in “Solid Electricity”
There are lots of reasons why a small company share can go up in price quickly. Usually it’s an innovative new product, a new market, or, in some cases, a sudden change in the market value of a good, product, or service. Take bananas a few years ago. One day you could walk into a store and buy them cheap. A few cyclones in Queensland later, and banana prices were through the roof.
April 24th, 2008 | Dan Denning | 3 comments | Continued