All Posts Tagged With: "crude oil"
The Return of the Greenback?
Bill is somewhere over the Atlantic today, traveling from London to Maryland for a publishers ‘jamboree’. Alas, we will power on…
Crude oil extends its price decline today. The black goo is down considerably from its July 11th record high of…
4Sep2008 | Daily Reckoning | 1 comment | ContinuedInvesting in Africa
African Profits
Zanzibar, Dar es Salaam, Mombasa, Mogadishu, Mumbai, Mangalore…all trading cities along the fabled rim of the Indian Ocean. These eastern African cities thrived between the 12th and 18th centuries, with ships sailing in and out on monsoon winds. They…
29Aug2008 | The Penny Sleuth | 0 comments | ContinuedCrude Oil Prices: Are “Oily Characters” Behind the Move?
My last column on crude oil prices certainly generated a number of “interesting” responses.
If you recall, I mentioned that crude oil’s pullback from a high of more than $147 a barrel in early July was long overdue. With demand decreasing and…
22Aug2008 | Investment U | 0 comments | ContinuedA WORLD WITHOUT INFLATION
From Spiegel.de we read “The Shrinking Influence of the US Federal Reserve” by Gabor Steingart, thankfully translated from the German by Christopher Sultan.
The article starts out with the fact that governments around the freaking world have been creating more and…
8Jul2008 | Daily Reckoning | 0 comments | ContinuedCrude Hits Another Record High Above $140
The benchmark crude oil rose 57 cents to settle at a record-high $140.21 a barrel on the New York Mercantile Exchange Friday, after a sell-off on Wall Street left the Dow Jones Industrial Average in bear territory.
After plummeting 358 points on Thursday,…
30Jun2008 | Money Morning | 0 comments | ContinuedThe Anti-Dollar
Oil has become the “anti-dollar” of modern times. Oil is now serving as the source of global monetary discipline that gold used to perform.
Oil is the energy life-blood of all modern economies. So when a nation debauches its currency, the…
21Jun2008 | Whiskey and Gunpowder | 0 comments | ContinuedCashing in on Commodities: What’s Driving the Oil Bull, How Much Further It Will Go, and How Investors Can Profit
Exactly 12 months ago, West Texas Intermediate crude oil was trading at just under $63 a barrel.
Yesterday (Thursday) futures prices for that benchmark grade of crude oil hit the latest in a succession of record highs, punching through the $135-a-barrel…
23May2008 | Money Morning | 0 comments | ContinuedMoney Morning Boosts Oil Target Price to $225 a Barrel, Thanks to Continued Scarcity, Burgeoning Demand in China
Money Morning Investment Director Keith Fitz-Gerald - one of the first global financial gurus to predict triple-digit oil prices - has boosted his target price for crude oil from $187 to $225.
The case for the target-price increase of 20% was…
8May2008 | Money Morning | 0 comments | ContinuedGold: What if we had an Inflation Party, but Nobody Came?
Conventional wisdom (or is it a firmly-rooted popular misconception?) holds that Gold is the ultimate inflation hedge. Today’s consumer is convinced that inflation is here, because he winces at the gasoline pump and his wife tells him that food prices…
7Feb2008 | William Kurtz | 0 comments | Continued





































