You just can't keep a good business down. Take note, US government and governments everywhere. The free market is more fit for survival than the state could ever hope to be. This is more than just the struggle of some betting site to keep making money.
It is a deal with the devil: Governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to the chairman of Casey Research and an expert on crisis investing.
Although it’s been a quiet summer for “hard assets” like gold and silver, this low-to-no rate environment should prove to be beneficial for them over time. The tide is definitely turning in their favor. Various bond commentators have recently come out in support of hard assets.
With ample stores and cheap prices, natural gas-related equities have taken a beating and continue to be battered. While it is always difficult to call a bottom, the tide may be turning for natural gas companies despite the latest data.
The price of gold has always been an object of interest for governments and central bankers. The reason is simple enough to understand: Gold is an objective measure of the degree to which fiat money is being managed well or managed poorly.
Oil prices rose about 5% last week to finish only a dollar short of regaining triple-digit status. Since dipping below $80 per barrel on Oct. 3, West Texas Intermediate (WTI) prices have increased almost 28%.
The Western world's opposition when it comes to nuclear energy won't stand in the way of its production elsewhere. It will be full steam ahead in China, India and other developing nations, says Casey Research Chairman Doug Casey.