Posted in Currencies, Energy, Equities, Fixed Income, Foreign Exchange, Gold, Herd Mentality, Interest Rates, Liquidity, Real Estate, Silver, U.S. on October 29, 2008 | Leave a Comment »
Now that all asset classes including:
property
equities, mutual funds
bonds
cash/currencies/money market funds
commodities
have gotten hammered, and the US dollar has rallied due to mass redemptions of foreign investments, an optimal position is in physical gold and silver. The paper market of gold is 2.5 times the size of the physical market, and with the IMF and others selling [...]
Posted in Currencies, Energy, Equities, Federal Reserve, Fixed Income, Gold, Herd Mentality, Interest Rates, Liquidity, Natural Gas, Oil, Real Estate, Recession, Silver, U.S. on June 8, 2008 | Leave a Comment »
This deleveraging process has been a very unique one. Over the last decade, the Fed led many central banks around the world in an unprecedented expansion of money supply. While there is massive credit being withdrawn from the global system, the long-term effects of this money supply expansion has yet to filter through. Investors are [...]
Posted in Bankruptcy, Energy, U.S. on April 6, 2008 | Leave a Comment »
Early in 2007, we bought long-term puts on Southwest Airlines (Ticker: LUV). See previous articles by searching under Southwest. Our rationale:
LUV was trading at nearly $17.00 a share, with a market cap of $12 billion and the highest PE ratio in the sector of 20x
The sector was riding on good times back in early 2007, [...]
Posted in Currencies, Energy, Equities, Federal Reserve, Fixed Income, Gold, Herd Mentality, Interest Rates, Liquidity, Natural Gas, Oil, Peak Energy, Resource Wars, Silver, U.K., U.S. on January 15, 2008 | Leave a Comment »
This is our “Market Predictions” post from January 17, 2007. Other than declining interest rates (what is Bernanke thinking!), we were spot on with:
Gold
Silver
Falling US dollar
Oil
Natural gas
Agricultural commodities
The only other sectors we should have added to this list are (i) desalinated water and (ii) clean and “cleaner” energy (such as solar, wind, geothermal, biomass). [...]
Posted in Energy, Peak Energy on November 26, 2007 | Leave a Comment »
November 26, 2007 (Bloomberg) – South Africa’s Richards Bay Coal Terminal, the world’s biggest coal-export facility, expects a 30-fold surge in sales to India this year, increasing prices for European power producers competing for supplies. The terminal shipped 7.3 million metric tons to India in the first 10 months, compared with 300,000 tons for the whole [...]
Posted in Energy, Oil, Peak Energy on November 13, 2007 | Leave a Comment »
“It took us 125 years to use the first trillion barrels of oil, and we’ll use the next trillion in 30.” — Dan Yergin
Posted in Australia, China, Energy, Natural Gas, Peak Energy, Resource Wars on September 10, 2007 | Leave a Comment »
September 7, 2007 (Bloomberg) WOODSIDE Petroleum’s proposed Browse liquefied natural gas project, should it proceed, may be worth as much as $12 a share for the oil and gas producer, the broker UBS said.The West Australian project, which on Thursday signed up China’s PetroChina as its first customer, encouraged UBS to raise its 12-month share [...]
Posted in Energy, Indonesia, Oil on August 2, 2007 | Leave a Comment »
JAKARTA, Aug 2 (Reuters) – Chevron Corp (CVX.N: Quote, Profile, Research), the top oil producer in Indonesia, said on Thursday its oil output in the country may decline by 6 percent in 2008 from an average of 415,000 barrel per day in 2007.
Chevron Indonesia’s president director, Suwito Anggoro, told reporters the decline would [...]
Posted in Australia, Energy, Natural Gas on July 29, 2007 | Leave a Comment »
Woodside in $12b Gas Project
July 28, 2007 – (Sydney Morning Herald) – WOODSIDE Petroleum has committed itself to building one of the most expensive developments in the history of the Australian resources sector after its board gave the go-ahead for its $12 billion Pluto liquefied natural gas project on Friday.
The final capital cost figure – [...]
