Robert Rapier's picture

In a recent video blog about energy politics, I stated that in my opinion each of the major political parties in the U.S. only gets half of the energy picture. Democrats tend to demonize oil usage, with many believing that we can shift to renewables for our energy needs. 

Ned W Schmidt CFA's picture

Imagine most are anxious to put 2011 into the history book. Many of the hopes and dreams of a year ago certainly fizzled as time passed. A raging bull was converted to a bear in nearly all financial markets. So, we do hope for change in the new year, in the markets and especially in November.

John Rubino's picture

The thing to understand about inflation is that if one major country does it, all the others have to do it too. A single country can benefit by making its currency less valuable, because a falling exchange rate gives its exporters a pricing edge in global markets.

JR Nyquist's picture

Tens of thousands of Russians took to the streets last Saturday, protesting the previous Saturday’s fraudulent parliamentary elections. Speaking on the Caucasus International TV Channel (broadcast from Georgia), Russian economist and dissident Andrei Illarionov said, “A lot of things have drastically changed since the Dec. 4 elections.

Frank Holmes's picture

What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks? An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of $10,000 an ounce.

John Mauldin's picture

We have come to the end of yet another European Summit that was supposed to be the one to fix the problem. If you are confused as to what happened then you are not alone. Was it something we will look back on in ten years and say, "This was where it all started," or will it be viewed as just another meeting in what will prove to be a string of even more meetings?

Chris Martenson PhD's picture

The financial steps investors should undertake right now to manage future risks

Chris Puplava's picture

Back in April, the world’s largest bond manager, PIMCO, made widespread news when it was announced that they were betting against US government debt. Now, he's loaded back up in what may be another case of bad timing.

Carl Swenlin's picture

The price of the U.S. Oil Fund ETF (USO) appears to be headed for difficulty in the short-term. An Adam & Eve double top has formed in the last month that could lead to at least a modest correction.

Doug Short's picture

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) posted -7.6 in its latest reading, data through December 2. The latest public data point is fractionally less negative than last week's -7.8.