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Don Miller: Are high gas prices giving you road rage? Well, wait “til you see what’s coming. Prices at the pump currently average $3.89 for a gallon of regular unleaded, up 30 cents in the last month. Read more…
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…
Dominique de Kevelioc de Bailleul: In an election year reminiscent of George H. W. Bush’s 1992, recent polls reveal President Obama’s sudden drop in approval ratings can be directly tied to the economy, Read more…
Dominique de Kevelioc de Bailleul: With oil prices remaining stubbornly above the $100 per barrel mark for WTIC, calls for $6 gas in the U.S. as a consequence of an attack on Iran may turn out to be a Read more…
Dominique de Kevelioc de Bailleul: As silver continues to slide from Wednesday’s mini massacre, with today’s trade already dropping silver below its 20-month moving average of $32.74, accumulators of the white metal should immediately begin scaling into the metal in preparation for the next assault Read more…
Kent Moors: Just when it looked like we could take a breather from the Strait of Hormuz, all attention is back on Iran. Read more…
Jason Simpkins: If you’re unsettled by the thought of gasoline at $4.00 a gallon, brace yourself. With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months. Read more…
David Zeiler: If the Iranian government makes good on its recent threats to stop oil (NYSEARCA:USO) shipments through the Strait of Hormuz, oil prices would shoot up $20 to $30 a barrel within hours and the price of gasoline in the United States would rise by $1 a gallon. Read more…
Dominique de Kevelioc de Bailleul: Thinking the gold market has seen its best days? Not a chance, if the Fed and the Washington pathocrats get their way. Speaking at AmeriCatalyst 2011, in November, hedge fund manager extraordinaire Kyle Bass of Hayman Capital Management LP told attendees he Read more…
Richard Rittorno: Crude oil spot prices pushed higher yesterday but are giving back a bit today after Iranian Vice President Mohammad-Reza Rahimi released a warning statement that international plans for damaging economic sanctions would be met with a total blockade of oil shipments through the Read more…
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