Gold & Commodities

Matthew Simmon’s Excellent Presentation on the future shortage of oil and water

ClusterStock have a presentation by Matthew Simmons, who is a analyst of peak conditions primarily peak oil. Take a look at his comprehensive slides.
The Coming oil and water shortage >>


A thorough article on peak oil in Europe

Here’s a nice article on Business Insider on the developments of oil and the future production of it around that region:
It seems that the NPD also accepts that Norwegian peak oil production has passed and it is the nature of the post-peak decline that is the subject of this discussion.

The upper [...]


Dennis Gartman talks about rising gold

For the first time in a long time, Gartman says something positive about the economy. Granted he was the one who said Gold’s rise was ove before it went down, here, he shares why he thinks gold is good to go up:

Gold being the reserve currency
Where he is positioning
The baltic rates, commodities as indicators leading [...]


HUI looks for some long term breakout

I got into a position in goldcorp yesterday night. Position is down when i woke up.
Nevertheless here is a Point and Figure chart of HUI. The double top breakout seems to be pointing at a far high. We might want to build a good position here and test fire with some GDX or blue chips [...]


Oil to go USD 20??

Financial Post have this article where Philip Verleger predicted that oil would go to $20 dollar.
Demand for oil matters and in deflation consumption is likely to fall. However the other side of the equation is that supply is getting difficult to produce as well. But the world should enjoy this slack driven by the deflation.
Crude [...]


Jim Rogers: Commodities still the way to go

What is your view on global economy and inflation?
The world economy is in recession and the inflation is going to stay here, it is going to get worse. Some countries lie about it. But, inflation in all countries is going to get worse. The next decade is going to see lot more inflation, which is [...]


George Soros: Distress buying of mining companies

According to the mining investment news site Mineweb, billionaire investor and philanthropist George Soros was significantly active in the mining sector last quarter. Mineweb’s Dorothy Kosich wrote earlier today:
Über investor George Soros stocked up on potash mining shares during the second quarter, increased his Freeport-McMoRan Copper & Gold holdings by more than 1,600%, invested in [...]


Richard RUSSELL ON GOLD & THE DOW

August 13, 2008 — We’ve recently seen the greatest expansion of credit in history. It was a product of Asian and Mid-Eastern countries holding down the value of their currency by creating more of their own money and buying dollars. The Fed got into the act in 2003 when it held down Fed Funds to [...]


Barrick Gold Becomes An Oil Producer?

Barrick’s bid to acquire Cadence Energy surprised me at first. After all, Barrick is a gold miner, right?
The nature of the bid was surprisingly local. Cadence is a small oil driller; we’re talking tiny. They produce 3,600 barrels of oil a day. I mean, why bother? The short answer is this: Barrick is thinking globally, [...]


What’s Wrong With Gold Stocks?

Earlier this year (”Gold Stocks Pay Off“), it seemed like the stars had lined up for gold stock investors. Gold equities looked cheap relative to bullion in mid-March, at least on the basis of the GLD/GDX ratio. The ratio, representing the price multiple of the SPDR Gold Shares Trust (NYSE: GLD) over the Market Vectors [...]


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