gas prices
Four Stocks to Leverage Volatility in Crude and Currency Markets
Investor’s Daily Edge editors Rick Pendergraft and Andrew Gordon, speaking with Today’s Financial News editor J. Christoph Amberger, recommend four investments to make now to leverage volatility in the crude oil and currency markets.
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Owning Precious Metals Is the Best Way to Protect Your Savings
Much of the recent drop in oil prices is due to the rally in financials, says Byron King. But the black goo is still double the price it was two years ago. Worse still, the US is now coping with chronic inflation. Precious metals are the best way to your savings and purchasing power…
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Speculators Are to Blame for Sky-High Crude Oil Prices
Are market fundamentals to blame for sky-high crude oil prices? Of course not, says Andrew Gordon. It’s the tens of billions of dollars pouring into the oil futures markets are. Sure, demand is high – but the high-end costs of producing oil are $70 max, so a barrel of the black goo should cost about $110.
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Beat the Recession With These Two Stocks
McDonald’s (NYSE:MCD) is the cheapest place to eat in the US right now.And 12% Letter editor Tom Dyson says it’s going to get more and more business as the recession puts expensive restaurants out of reach. But are prices going to stay low as McDonalds’ transport and food production costs rise? Only time will tell.
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US Lawmakers Could Drive Crude Oil Prices Higher
Congressional meddling could actually push crude oil prices even higher. By artificially draining liquidity from the market, new laws would make trading more difficult and increase prices.
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Gazprom Boss: Crude Oil Prices Will Hit $250
Alexei Miller, chief executive officer of Russian-based OAO Gazprom, the world’s biggest natural-gas company, has said that crude oil prices will reach $250 a barrel in the “foreseeable future.”
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Soaring Oil Means Solar ‘Holy Grail’ Near
In the end, this whole green movement we see today could very well be the start of yet another massive bubble. And considering the riches that were made during the two previous bubbles, catching the green investment mania early on would be a great way to make a lot of coin in the next few years.
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Time to Start Thinking About $7 a Gallon Gasoline
U.S. consumers barely had time to get used to the idea of $4 a gallon gasoline before prognosticators started talking about $5 a gallon fuel. And unfortunately for the U.S. economy, the worst is yet to come.
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