The golden age of iron ore profits is ending for Australia. Europe’s banking system is slowly going bust because of the government debt crisis. Europe is a big customer of China’s. China is a big customer of Australia’s.
February 8th, 2012 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "oil"
Natural Gas: The Big Transition in Energy
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 | Continued
The Energy Empire of the Sun
We take up the issue of national power and real energy in today’s Daily Reckoning. And we take it up because the fate of nations and the welfare of men and women are directly related to how much sunlight we all get. All power—from the stored solar energy in fossil fuels to the sunlight that makes food grow—comes from energy.
January 30th, 2012 | Dan Denning | 16 comments | Continued
The Growing Energy and Oil Alliance Between China and Saudi Arabia
The oil and energy alliance between China and Saudi has just been strengthened. On Saturday – in the wake of Europe’s debt crisis – Saudi state oil company Aramco signed a deal with China’s Sinopec to build an oil refinery in the Red Sea city of Yanbu.
January 16th, 2012 | Dan Denning | 0 comments | Continued
Markets Seen and Unseen
Investors would have done well to go fishing yesterday. The markets were flat as a mill pond, ending the session more or less where they began.
January 13th, 2012 | Joel Bowman | 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
Why Invest in Energy Resources?
The Raw Materials of Civilisation…
Before we get stuck into the glaring omission in the government’s assessment of Australia’s energy resources – energy could be the single-best investment sector of 2012 – a reminder: today is Wednesday. You know what that means!
December 14th, 2011 | Dan Denning | 4 comments | Continued
Is the US Military Spending its Way to Self Destruction?
The Pentagon continues to carry out Osama bin Laden’s plan to hobble America. Remember, he outlined his strategy on video. He said he would sucker the US into very expensive, unwinnable wars. He wouldn’t defeat the US military. Instead, he would allow it to spend itself to self-destruction. The strategy is working.
December 13th, 2011 | Bill Bonner | 0 comments | Continued
Energy, Resources and Real Asset Investing
Basic economics of scarcity, supply and demand, and investment demand won’t be less important in supporting commodities. But in a world of collapsing financial asset values, tangible assets are about to become the hotly contested objects of a great global strategic game.
December 9th, 2011 | Dan Denning | 1 comment | Continued
Oil and Gold Up…World Economy Down
With the whole world economy in a bit of a funk you wouldn’t expect oil to be over $100 and gold to be over $1,700. Or would you?
November 22nd, 2011 | Bill Bonner | 1 comment | Continued
Strength in Weakness
If you haven’t sorted out whether gold shares or gold coins or gold bullion should be part of your investment strategy, you still have time to think about it and do something, if that’s what you decide. One reason you have time is that one of the strength’s of gold’s current move is that central banks are buying it instead of selling it.
September 28th, 2010 | Dan Denning | 2 comments | Continued
Oil’s Out…Clean Energy Is In
The International Energy Association (IEA) has spoken. What the world needs now is a clean energy technology revolution. June saw the 2010 launch of IEA’s biannual report, Energy Technology Perspectives. Speaking at the launch was Nobuo Tanaka, executive director for IEA.
September 17th, 2010 | Marin Katusa | 11 comments | Continued
No Secret to Gold Investing. Just Accumulate.
Since I am known as something of a gold bug, a lot of people write to me about gold, but since I am a paranoid lunatic, I don’t read their letters, mostly because I now call myself Marvelous Macho Grande (MMG), figuring that an established alias could potentially come in handy when the prices of gold, silver and oil…
September 2nd, 2010 | Mogambo Guru | 3 comments | Continued
Two of the Cheapest Stock Markets in the World
Ideas were not in short supply, but some ideas were more common than others. More than a few speakers spoke well of gold and oil. Most had dim views of the economy and the stock market. And there were at least a handful whose best ideas hailed from some emerging market.
August 18th, 2010 | Chris Mayer | 3 comments | Continued
The Namibian Oil Rush
While BP has been busy spewing oil into the Gulf of Mexico, many other oil companies have been busy finding oil under the waters of other gulfs, seas and oceans. In fact, Brazil’s state-controlled energy giant, Petrobras (NYSE:PBR), just announced a major oil discovery in offshore Angolan waters. Water depth is about 1,500 feet.
July 30th, 2010 | Byron King | 0 comments | Continued
