Financial Sense Blog

Oil, Silver, and Fear

Many people have heard of the relationship between oil and gold, but there is also a correlation between oil and silver.

Confessions of a Transitory Gold Bug

The weekend is approaching, and I am about to attend another event on my wife's busy social calendar. Already I know how the cocktail party is going to play out: The women will end up on one side of the room talking about practical, real world events--such as running a household.

Going Nowhere

Looking back to the squalor of the 10th century, to the near-universal poverty of ancient Greece and Rome, it is astounding to see the prosperity of the modern world. In this context, the poverty of Africa or Latin America is hardly shocking.

Energy Economics 101: The Culprit is U.S.!

It seems that whenever gasoline hits $3 a gallon or Exxon-Mobil is releasing its earnings, politicians show how little they understand about global economics and simple supply and demand fundamentals and begin pointing fingers.

Middle East Woes

The Iranian leadership continues to threaten Israel with nuclear destruction. "Like it or not," said Irainian President Mahmoud Ahmadinejad, "the Zionist regime is heading toward annihilation.

The Real Mexican Revolution

In the Winter 2005/06 Edition of The National Interest, in an article titled "Mexico's Wasted Chance," Fredo Arias-King laments the failure of Mexican President Vicente Fox. Why did Fox fail? Why did he compromise his reforms?

Caution is Warranted!

As most know markets are forward looking, anticipating changes in the economy, government, and the Federal Reserve. As such, looking at how markets have reacted in the past to previous interest rate cycles and business cycles is warranted.

The Success of the West

In the final chapter of The Fatal Conceit: The Errors of Socialism, Friedrich Hayek stated: "We owe it partly to mystical and religious beliefs, and ... particularly to the main monotheistic ones...

Implausible Deniability

In the appendix of Kenneth Timmerman's book, Countdown to Crisis (page 353), we find a secret 1995 Russian document acquired by Congressman Curt Weldon (R-Pa.) through sources in Moscow.

More Tricks

The strategic alliance of Russia and China continues to develop, embracing an ever-widening circle of junior partners in the Western Hemisphere (including Cuba, Venezuela, Brazil, Bolivia and even Mexico).