Posted on 17 November 2009
I’m extremely bullish on the commodities sector and expect commodity prices to be driven much higher due to increasing demand and a weakening dollar.
The global economy is certainly showing signs of recovery. Many western nations have emerged from the recession already. The U.S. just reported positive GDP growth for the third quarter. An increase in economic activity is coming which will lead to a substantial increase in demand for commodities like oil, copper, grains, etc. Read the full story
Posted on 09 October 2009
A rise in energy demand, a weaker dollar, and inflation will push energy prices higher. Oil could easily head well over $100 per barrel by 2010. Read the full story
Posted on 16 September 2009
Crude oil prices headed above $70 a barrel this week and oil prices are poised to head much higher. There’s lots of money to be made in the energy sector these days. Read the full story
Posted on 12 August 2009
Global demand for crude oil will increase as Western economies emerge from recession by the end of 2009. The International Energy Agency (IEA) raised its oil consumption projections for 2009 and 2010 due to an anticipated increase in oil demand from China. Read the full story
Posted on 15 July 2009
I have been recommending ExxonMobil (XOM) to my readers since 2001. I like the fact that they have $25 billon in the bank. You see, with that amount of cash you can buy any new technology, including one that can replace oil as our main fuel source. The company just announced it will team up in a $600 million bio-fuels project with Synthetic Genomics. The goal is to use algae to develop fuels for our cars. I hope they succeed so we can kick our addiction to fossil fuels.
Posted on 07 July 2009
Leave it to the government. It’s proposing a “tax and cap” regime for energy producers which will require fossil-fuel generating plants to pay extra. Read the full story
Posted on 02 July 2009
Oil fell well below $70 per barrel as the U.S. dollar went up verses the euro and America’s unemployment rate rose to 9.5%. I feel this is just a temporary pull back and believe oil will hit $100 per barrel by the end of the year. Read the full story
Posted on 15 May 2009
Somewhere near $100 trillion dollars was clipped from the global stock, real estate and commodity markets in 2008. It was a year for the record books, not in a positive fashion unfortunately. Where exactly can you make outstanding money in the aftermath of all this carnage? Read the full story
Posted on 13 May 2009
This is the third article I have written since March imploring people to buy oil, and now gas. Time is running out.
This is the first time I have ever repeated a subject in one of my articles, but this is such a great opportunity it deserves one more shot for those who may have missed it. Read the full story
Posted on 12 May 2009
Crude Oil prices have spiked this month from the $50 per barrel range up to $58.63 a barrel last Friday. This was the highest level of the year. Oil is going up as many investors feel that we will soon pull out of this recession. Read the full story