All the major oil fields in the world are in decline, except the shale boom in the United States. Bur everything else has declining reserves. And we are not replacing still those fields where else.
Related stocks: Exxon Mobil (COM), ConocoPhillips (COP), Marathon Oil (MRO), Diamond Offshore Drilling (DO), Halliburton (HAL)
Related exchange traded funds: Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO)
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, December 9, 2014
Monday, December 8, 2014
Geopolitical: South China Sea Military Moves
China historically has not been a very aggressive nation. There are very few international wars, even when they were great sailors, they did not go over and claim colonies, or go to war with the places they visited. So, historically, China has not been a nation that had international wars.
They have slaughtered each other, they have had civil wars, but they had internal wars at times, but they have not been very aggressive on the international scene.
Yes, I see what is happening in the South China sea now, I do not really know who is right or who is wrong here, they all claim that, "You are wrong!", "You are wrong!". It seems a little absurd that anybody is ranging over a few rocks in the middle of the ocean.
They have slaughtered each other, they have had civil wars, but they had internal wars at times, but they have not been very aggressive on the international scene.
Yes, I see what is happening in the South China sea now, I do not really know who is right or who is wrong here, they all claim that, "You are wrong!", "You are wrong!". It seems a little absurd that anybody is ranging over a few rocks in the middle of the ocean.
Saturday, December 6, 2014
The World Needs An Alternative To Fiat Currencies
We need something to get rid of the fiat currency, we need to produce something to discipline politicians. Unfortunately nobody has ever come up with a successful method yet.
Related trading instruments: EURUSD forex cross, USDJPY forex cross, USDCAD forex cross, AUDUSD forex cross;
Related trading instruments: EURUSD forex cross, USDJPY forex cross, USDCAD forex cross, AUDUSD forex cross;
Friday, December 5, 2014
Crypto Currencies: Governments Will Figure A Way To Make Them Unsuccessful
As far as crypto currencies I don`t know. I know the theory and I don`t know why they would not work. My suspicion is that if they work, and they seem to be working, the governments are going to get very agitated because the governments like to have monopolies on money and they will do something to make them illegal or tax them. They will figure out some way to make crypto currencies not successful.
Thursday, December 4, 2014
Currencies: The Origin Of The Term Debasement
The romans figured out ways to debase their currency, gold coins disappeared in Rome because the Roman government was debasing the currency, so everybody took the gold and hide it at home.
The term debasement in fact comes from what the Romans were doing because they put base metals, lead, copper, whatever into the silver coins and so if you look back, historically, at one point silver coins in Rome were 100 percent silver. By the end, silver coins in Rome had less than 0.2 percent. They were essentially base metals in the end. That is where we got the term debasement. So even silver coin, even gold has been debased because politicians knew ways to rob all of us.
Related trading instruments: iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)
The term debasement in fact comes from what the Romans were doing because they put base metals, lead, copper, whatever into the silver coins and so if you look back, historically, at one point silver coins in Rome were 100 percent silver. By the end, silver coins in Rome had less than 0.2 percent. They were essentially base metals in the end. That is where we got the term debasement. So even silver coin, even gold has been debased because politicians knew ways to rob all of us.
Related trading instruments: iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)
Wednesday, December 3, 2014
All Fiat Currencies Eventually Lose Value
For those of you that don`t know, fiat currencies are basically paper money not backed by anything. That includes all currencies in the world, as we speak. History shows that all fiat currencies, all paper money eventually goes to the value, which is nothing, the value of the paper. And so, there there is no paper money, there is no fiat currency which has lasted very long, in the sense of history, more than 200, 300 years has been the longest lasting.
Tuesday, December 2, 2014
India Is A Nightmare For Business
As far as doing business, India is a nightmare. I have been around the world a couple of times and I will tell you, the most horrendous bureaucracy in the world is in India. I mean, the Indians learned bureaucracy from the English and than took it to a higher place still.
Related Exchange Traded Funds: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
Related Exchange Traded Funds: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
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