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Crude oil remains the most important commodity on the planet. Without it, economic and political life as we know it would cease to function.

Four BIG trends will determine where prices go next:

  • China's transition to No. 1 oil importer.
  • The death of Hugo Chavez.
  • Iran's distribution of Chinese-made weapons.
  • New projections for the U.S. gas boom.

1) China's transition to No. 1 oil importer

When you think about Florida what comes to mind?

For me it's sunshine... golf courses... Lincolns, Buicks and Cadillacs... big-box "senior living" centers... and, of course, ubiquitous retirees.

We may make fun of Florida as one big old folks' home. But by 2030 the average American will be older than the average Floridian is today.

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Economy

The Ultimate Growth Industry

Posted by Justice Litle on October 12th, 2011

Man's proof that God loves him is having its own populist revolution in the form of micro breweries. Investors looking to save themselves from a deblitated U.S. dollar can find more than one way to take comfort in beer.

Many well-known investors have been hit hard this year. But strategies for limiting risk mean that doesn't have to happen to you...

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, hedge funds, banks, john paulson
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The Federal Reserve's "Operation Twist" turned out to be a dud... and now multiple bellwethers are predicting global economic slowdown.

News of a $2 billion "rogue trader" loss brings to mind an important subject: How to keep rogue trades out of your portfolio.

The credit downgrade and debt ceiling aftermath highlight a much more serious problem -- a jobs and wages problem -- that Mr. Market is finally waking up to. Editor Justice Litle explains...

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Tags:
, debt, S&P 500

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