Crude oil reversed gains after failing to test 84 in NY session Monday. The February contract ended the day at 82.52, down -0.3%. Currently trading at 81.9, the decline accelerates as the…
Valuable Investment eBook Free Until Jan 12
Greetings investor, Our friends over at Elliott Wave International have informed us that their brand-new Market Myths Exposed eBook will still be available free until January 12. The 33-page eBook takes the…
Strong China Imports Pushed Crude Price Higher
Crude oil price rose to as high as 83.67 after China reported strong imports in December. In 2009, robust demand in emerging countries, especially China, was the major driver for energy prices….
Energies Extend Gains as Strong China Trade Drives Sentiment
Crude oil extends rally to 83.95 in European session. Weakness in USD, abnormally cold weather in the Northern hemisphere and strong demand from China are pushing energy prices higher. Oil products also…
Keynesianism Delivers a Decade of Zero
This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero…
Advance warning: Danger of bond market collapse!
If you think 2010 is going to bring investors a carefree, nonstop ride to glory, think again! Profit opportunities abound, and we intend to be among the first to lead you to…
Oil Price Rises Above 80 on Better Macro Outlook but Fundamentals will Play a Key Role in 2010
WTI crude oil extends the 8th day of rally above 80 on speculations for growth in energy demand as US weather remains below-normal. The February contract surged to as high as 81.16,…
Merry Christmas…from the IRS!
A Quarter Million Tax-Cheating Bureaucrats, Shady Tax Breaks, and the IRS’ 70% Error Rate……Merry Christmas Indeed… Daniel J. Mitchell of the Cato Institute is our guest columnist today. Dan is a frequent…
Merry Christmas and a Happy and Prosperous 2010!
Seasons Greetings everyone! I’ve been really busy with Christmas shopping and holiday preparations lately so I haven’t had much time to tend to this blog, but I’d like to nonetheless take a…
Further Downgrade in Greece Triggered Credit Concerns, Investors Sheltered under USD
Broad-based rally in USD pared commodity gains made Wednesday. The dollar surged to 1.434, the highest level in 3 months, as S&P downgrades Greece’s credit rating for the second time this year….