The Keystone Pipeline Is Back In Action

| January 24, 2017

Bloomberg:  President Trump intends to sign two executive actions today that would advance construction of the Keystone XL and Dakota Access pipelines. 

The Evolution Of Energy In The U.S.

| August 29, 2015

Who’s the odd man out here? An Educated guess might surmise it’s coal!   Source: Visual Capitalist The early settlers to North America relied on organic materials on the surface of land for the vast majority of their energy needs. Wood, brush, and other biomass fuels were burned to warm homes, and eventually to power […]

Price Of Farmland Suffers First Decline Since 1986

| August 22, 2015

Farmers are are now feeling a liquidity squeeze. First commodity prices plunge, now the longer term problem becomes the asset backing their business begins its reversal. It looks like the early stages of a farmland asset correction, or worse….

Records Are Made To Be Broken

| June 24, 2014

This just in! The NOAA (National Oceanic and Atmospheric Administration) has announced that May 2014 was the hottest May on record, driven largely by warm oceans!   Sources: NOAA, Wise Dog Research

Mt Gox Files For Bankruptcy After $473 Million In Bitcoins “Disappeared”

| March 1, 2014

Hmm….It looks like the digital encrypted currency exchanges have some bugs to work out! For a case study of a blistering rise and an absolutely epic fall of an exchange that i) was named after Magic: the Gathering and ii) transacted in a digital currency which many have speculated was conceived by the NSA nearly two decades ago […]

Help In The Economy Can Come In Many Ways… For The U.S. In 2013, There Has Been “A Mild Weather Year” Of Epic Proportions

| October 19, 2013

A New Study ranks 2013 as one of the least extreme U.S. weather years ever, with many ‘bad weather’ events at ‘historically low levels’.  This has helped the U.S. economy by sending many commodities to unexpectedly low levels. ‘Whether you’re talking about tornadoes, wildfires, extreme heat or hurricanes, the good news is that weather-related disasters in the […]

Some Interesting Tid Bits About Silver…Or As Some Call It – Poor Man’s Gold

| September 12, 2013

Silver appears to be the metal of the future….especially when one considers that 2/3 of all silver produced worldwide is a by product of lead, copper and zinc mining. Major silver users include the electronic and circut board industry, water purification and growing  industrial uses in China, including production of energy saving solar panels. Silver Atomic Number: 47 Symbol: Ag Atomic Weight: 107.8682 Discovery: Known […]

The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

We Currently Have The Slowest Start To A Hurricane Season On Record…There Have Been None…Not A One, Zippo, Zero, Ziltch!

| August 25, 2013

Unbelievable!  Ok, now we understand better why the commodity market is so unusually tame, especially the softs which have been weak all summer…By definition a soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined, drilled for or raised such as animals.  So […]

Currently, Stock Markets Of The World Show Little Fear…But Maybe They Should!

| August 13, 2013

Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]

Something Smells Fishy Here…..Is It Really Tuna?

| March 3, 2013

So…… A New Study Shows 59% of “Tuna” Sold in the U.S. Isn’t Tuna The non-profit group Oceana took samples of 1,215 fish sold in the U.S. and genetic tests found that that 59% of those labeled tuna were mislabeled. It seems that “white tuna” should be avoided in particular as “84% of fish samples […]

Oil Glut…

| May 30, 2012

Gasoline prices are falling in most areas…but not much in California!  It’s only a matter of time though, as the average age of a car is now 10.75 years old and virtually every old car that is taken off the road gets low gas mileage vs a new one that gets dynamically better gas mileage…it’s a no-brainer! Brent oil declined to its […]

Energy: Gasoline Refineries, Not An Oil Shortage Is The Problem

| April 10, 2012

Oil refineries are closing all accross the United States with nearly half the refining capacity on the U.S. east coast set to disappear …so of course it’s no wonder gasoline prices are pushing all time record prices. Chart Courtesy Inteldaily.com (Added by EconMatters) We now have half the refining capacity on the U.S. east coast set to […]

Gasoline Prices Are Pedal To The Metal……

| February 28, 2012

Here’s the scoop on gasoline (these charts go back to 1991)….prices are moving to the upside rapidly while demand is falling.  Hmm     Oh, and it’s official… gas prices have set an all time record for the month of February.

Natural Gas Prices Continue To Plummet

| January 12, 2012

The good news for the consumer is that “experts” predict rock-bottom natural-gas prices through at least 2013. “We’re anticipating sustained low gas prices,” says Andy Steinhubl, from Bain & Co.’s North American oil and gas practice.  This from The Wall Street Journal….. U.S. energy companies are pumping so much natural gas out of the ground that […]

Bad Seats, Hey Buddy!

| January 5, 2012

This is what can happen on a bad day in the stock market……..bad seats, hey buddy!  Buuuddy was the Cat.

A 2012 Macro View Of The Economy From The Masters Of The Universe

| January 5, 2012

Bridgewater Review For 2012   This Bridgewater review of 2012 is highly regarded.  I have highlighted it below…..everyone should print this out and post it in a viewable place.  These guys run the largest hedge fund in the world and are among the top 5 smartest managers anywhere.  They’re not always right, but they are right more often […]

Gasoline Demand Plunges

| January 5, 2012

Folks, this is starting to look like a trend. It may be a combination of things, i.e., less driving, newer cars with better mpg, and older demographics in play (which means less driving) or….it could just be a freak of nature?  Never the less, prices have come down, but not as much as one would surmise in retrospect.  We’ll remind […]

Gasoline Prices Are Dropping, As Demand Falls

| December 18, 2011

A new recession is coming, as we’re seeing all the signs of it ahead of time. “The U.S. gasoline market continues to receive down pressure from falling gasoline demand.” according to Trilby Lundberg, president of Lundberg Survey in Camarillo, California.  Gasoline demand at the pump in the week ended Dec. 9 was 8.76 million barrels a […]

U.S. Petroleum Production Rises…While Consumption Drops

| November 14, 2011

This is all very positive for the U.S. So, now you know. The longest and deepest recession in the post-war period reduced oil consumption by 12.8%.  At the same time production is bouncing to the upside.  The next thing you know, the price of gasoline will start to drop…or perhaps it defies the law of gravity […]

GDP Numbers Don’t Always Tell The Story…

| October 28, 2011

Yesterday, the U.S. GDP for the third quarter of 2011 unexpectedly surprised to the upside at +2.5% vs +.7% in the second quarter…. You’re not alone wondering how it was possible for Q three GDP to post such a substantial improvement driven by mostly a surge in Personal Consumption expenditures?   Well, so do we!  Looks to us like it was at the […]

Odd Isn’t It? Gasoline Deliveries Are At A 10-Year Low But Consumption Isn’t!

| September 26, 2011

Hmm….Gasoline deliveries fell to a 10-year low but prices haven’t…while year-to-date product consumption (including heating oil and diesel) averaged 19.1 million a day, down only 0.3% from a year ago. Bloomberg reported from API (American Petroleum Institute) that distillate fuel deliveries, which include diesel and heating oil, hit record highs, rising 11% year-over-year to 4.15 million […]

Elephants In A China Shop

| September 6, 2011

Food for thought! China slows, bad for commodities. China grows, good for commodities. Makes sense, right? In case you missed it, China’s manufacturing activity fell for the third straight month in June. The official purchasing managers index stood at 50.9, down from 52 in May. Any number over 50 means expansion and below that means […]

Things That Could Go Bang, And Change The World

| August 19, 2011

Just a reminder that this was posted on www.thestatedtruth.com back on July 17th……… War between Iran-Israel… CIA veteran Robert Baer, I think we are looking into the abyss, there is a warning order inside the Pentagon to prepare for war. There is almost near certainty that Netanyahu is planning an attack [on Iran]  and it will probably be in September […]

In A Surprise Move, The USDA Just Lowered Its Harvest Outlook For 2011

| August 11, 2011

The USDA (United States Department of Agriculture) just threw a wrench into any chance of lower food prices as U.S. corn reserves (as of August 2012) are expected to be at the lowest levels since the mid-1990’s.    One thing is for sure….more inflation is coming to a store near you!  Wells Fargo says to expect food prices to […]

Can You Name This Tune….Nope, They All Sound About The Same

| July 18, 2011

Some opinions to be reckoned with…. it’s time to pay attention to the road everyone. From Reuters: Former U.S. Treasury Secretary Lawrence Summers explains….The European financial crisis has entered a new and far more dangerous phase. Where the crisis had been existential for small economies on the periphery of Europe but not systemically threatening to […]

Tic Tock…Tic Tock

| July 11, 2011

Government checks (handouts) are about to run out….. now what? According to Reuters: “Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics.” And what lies ahead could be a major and very significant crisis […]

The Fall Of The European Dominoes…Italy And Spain Next Up

| July 10, 2011

Greece is a lost cause.  Next up is either Italy or Spain.  Both the Dollar and the Euro currencies are in trouble.  The last man standing looks to be Gold. From the NY Times…… LONDON — Top European officials planned to meet on Monday to wrestle with threats to the currency union as fears mounted […]

An Interesting View

| July 5, 2011

Here’s a heads up on the United States debt debacle…….word has come from Washington that President Obama will use the 14th amendment to declare the debt limit as unconstitutional, if need be.  Rock and Roll!  On the other hand, it may be unconstitutional to call the 14th amendment unconstitutional, if you get our drift. James […]

The Inside Scoop…Downstairs, In The Fed’s Vault Are $1 Billion Worth Of Freshly Minted Dollar Coins

| June 29, 2011

                                      Manganese Brass Dollar Coins                                                    Picture from Wikipedia As these bronze looking Manganese brass dollar coins  enter circulation, they soon start looking greenish and of course, ugly.  So the question is… why would anyone want them in one or more pockets? In the basement of a Baltimore vault the size of a soccer field, 1 billion dollar coins are […]

The Hundred Year Drought In Texas

| June 13, 2011

We’ve just had 100 year floods, now it looks like we have the 100 year drought………About 94 percent of Texas was in a state of severe, extreme or exceptional drought as of June 7, according to the U.S. Drought Monitor compiled by the U.S. Agriculture Department and the National Drought Mitigation Center. The October-through-May period was […]

The Gulf Of Mexico Is Looking At Largest Dead Zone Ever!

| June 2, 2011

We need to keep a watch on this…..as the waters of the Mississippi head downstream, they leave behind flooded towns and ruined lives, but even worse they carry a nasty combination of farm chemicals and waste that is expected to result in the largest dead zone ever in the Gulf of Mexico. Dead zones are areas of the ocean where […]

Chinesse Food Prices Soaring Because Of Worst Drought In 50 Years

| May 31, 2011

“The impacts of China’s worst drought in 50 years have been served up on the nation’s dining tables as the price of rice and vegetables from drought-hit provinces have skyrocketed. The average price of staple foods in 50 cities has increased significantly, and the price of some leaf vegetables has jumped 16 percent in one […]

The Interesting Case For Thorium Nuclear Power

| May 28, 2011

Hmm….an interesting concept.  Thorium has numerous innate advantages. One is that it doesn’t produce weaponizable byproducts, but it’s also true that the nature of the metal is such that it produces safer reactors. It burns at a lower temperature, and there’s also a great deal of it around.  The thing to remember is that thorium […]

Time Is Winding Down On The World To Get Its House In Order….The Consequences Are Reviewed Below By Jim Sinclair

| May 28, 2011

Jim’s dad traded with Jessie Livermore, the most famous of all stock traders, so we would venture that Jim Sinclair knows a thing or two about trading himself.  In fact he may well be the most successful Gold trader of all time! The risk of not stimulating is stagflation at a spiritual level. The risk of […]

Here Is A Real Problem, Food Prices….And It’s Not Going Away Anytime Soon!

| May 27, 2011

There will be riots around the world if bad weather continues to dilute food crops.  This has the potential to be a world wide problem as spring turns to summer.  The realization will come by fall if farm harvests turn to dust in the wind !  So, what happens if we have a decent harvest?….Aah then consider us to be lucky and food inflation may be […]

Iceland Volcanic Ash Drifts Toward U.K., Disrupts Air Traffic

| May 23, 2011

Ash covered small towns on Iceland’s southeast coast immediately following the eruption. On May 22 a dark cloud of ash reached Reykjavik, prompting city officials to warn people with asthma or other breathing disorders to stay indoors. “Everything is pitch-black,” Gudmundur Vignir Steinsson, a gas-station owner in Kirkjubaejarklaustur, about 75 kilometers from the volcano, said […]

Tornadoes Hit 16 Counties In Kansas Then Hits Southwest Missouri

| May 22, 2011

April set a new U.S. record with over 600 tornadoes breaking the old April record of 267 tornadoes in 1974.  The  monthly all time record of 542 tornadoes was set in May 2003 and was also broken in April 2011.  Clif High in a recent report (The Shape Of Things To Come) said to expect unusual hurricane force tornadoes […]

Q&A With Jim Grant Of Grants Interest Rate Observer

| May 22, 2011

One has to respect Jim Grant’s views….we couldn’t have said it better ourselves! From AP: A graduate of Indiana University, Grant, 64, was a Navy gunner’s mate before starting his journalism career at the Baltimore Sun in 1972. He then joined the financial weekly Barron’s before starting Grant’s Interest Rate Observer in 1983. As stocks […]

The Economic Cycle Research Institute (ECRI) Calls For A Global Slowdown By Summer

| May 21, 2011

Lakshman Achuthan, founder and managing director of the Economic Cycle Research Institute (ECRI), is calling for a slowdown in global economic growth by this summer. Based on our Long Leading Index of global industrial growth, we expect a downturn to start by summer. Beforehand, prominent shorter-leading indicators of industrial growth, like JoC-ECRI industrial commodity price […]

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