Eagle Ford shale activity in 2011 alone generated over $25 billion in economic output, supported over 47,000 full-time jobs and provided $257 million in local government revenue, Rigzone reports. The article also points out that the Texas state … [Read More]
The past 100 years have shown a drastic change in the value of the U.S. dollar. More recently global currency turmoil spurred by government debt has taken the market away from fundamentals. Eventually, this market will turn back to paying for value. We'll all be a lot happier when that happens.
Spinoffs are my favorite Special Situation for many reasons. The latest one to watch is Phillips 66. While most investors will hold on to Conoco and sell off Phillips share prices could creep down to a nice buy range. Keep an eye on Phillips 66.
The writing is on the wall for China to overtake the U.S. as the number one global economy as well as the controller for the world reserve currency. Over the years, as the pieces fall in to place prices here in the U.S. will rise and our ability to lock in the world's most coveted resources will be in jeopardy.
My new book World Right Side Up: Investing Across Six Continents is primarily about this new world and the opportunities it creates. I think the story it tells will prove to be the most important investment trend of the 21st century.
The story for copper can be seen through prices and physical stocks. Along with consulting the iron filings, the copper trend I'm seeing is still up. The metal is in tight supply and the trend looks to be pointed higher. Not to mention, if demand ramps-up we could see a quick jump in the price per pound.
The history of resource nationalization is a complex tale. Throughout modern day history the risk of nationalization has always loomed in certain countries. Most recently Argentina re-joined the ranks of these pitfall countries. If anything the tale … [Read More]
The U.S. is in store for a big change. Instead of having the luxury of being the number one economy in the world, America could soon find itself in second place. The ramifications for this transformation will be huge – and it’s important for … [Read More]
The best insight we can take from J.P. Morgan’s $2B blunder is that the safest way to make money is through understandable, cash-paying companies. If you want to make sure you protect and grow your wealth (in that order) then now’s the time to … [Read More]
There’s a potential $36.5 billion headed towards Pennsylvania’s Marcellus shale deposit. But let’s say just half of that money hits the shale fields in PA, that’s still a lot of money! And the way I see it, the companies that can perform the … [Read More]