Both Goldman Sachs and Morgan Stanley, two of the preeminent investment banks in Wall Street have turned to commodities to cushion their balance sheet from the mortgage implosion. Based on their...
Gold has come way down from it high of 1011 and is now trading in the high 800s. Can gold rally? Some say that inflation and the dropping dollar are bullish signals for gold. David Galland, a...
Today oil hit a new record of $86 per barrel. The analysts were saying that while it is high, it's not as significant as in the 70's because our economy is not as dependent on oil. But is that...
With the price of oil at clost to $100 per barrel, Tom Friedman's speech is an interesting look at energy and oil. He gave the speech at Stanford University.
The era of 'peak gold' has arrived.
Try as they might, miners cannot find enough ore at viable costs to replace their fast-depleting reserves, even if they dig miles into the centre of the...
As oil crashed through the $100 barrier, anxiety from governments, and oppurtunistic speculation from investors has brought clean energy stocks to the foreground...But when a sector is so white...
Apparently a single trader, who wanted bradding rights, was responsible for oil briefly blipping above $100 per barrel. Of course, it trends stay as they are, the record will shortly be eclipsed.
Legendary Texas oil man T. Boone Pickens has gone green with a plan to spend $10 billion to build the world's biggest wind farm. But he's not doing it out of generosity - he expects to turn a buck....
Oil hit $119.90 the other day, a new record and many are expecting it to go higher. The sharp rise in oil prices is strange considering global growth has slowed, especially in the US. Slower...
A new report from the Department of Energy claims that wind turbines could generate 300 gigawatts by 2030, which would power about 20 percent of the US electrical grid.
The forecasting scenario...
Interesting article on the reasons why the recent price jumps in oil is not a bubble - yet.
1. Oil companies don't control world oil flow and cannot impact prices.
2. Oil producing countries...
Surging prices in commodities have reduced demand and increased supply, classical economics. This may be setting the stage for a dramatic decline in commodity prices over the next couple of years.
The drop in oil prices of almost $24 per barrel has started to shift much of the conversation. Instead of talking about unlimited demand and shrinking supply, people are returning to economic...
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