From the monthly archives:

May 2008

Friday News Fiesta

by Sean Brodrick on May 30, 2008

First, here’s a chart showing the growth in the silver ETF. I included this chart in a special report on silver that I sent to my premium service subscribers this week … Here are some other notes, thoughts and links, somewhat scattershot as I am scatterbrained today …
Programming note: I’ll be appearing on DEX.TV [...]

Gas Lines in China?

by Sean Brodrick on May 29, 2008

That’s what this post claims (more photos than words). If so, we may just be seeing the beginning of the next leg up in fuel prices.

More Evidence That Peak Oil Crisis Looms

by Sean Brodrick on May 28, 2008

There’s an interesting story in the Wall Street Journal today … Oil Exporters Are Unable to Keep Up With Demand Fresh data from the U.S. Department of Energy show the amount of petroleum products shipped by the world’s top oil exporters fell 2.5% last year, despite a 57% increase in prices, a trend that [...]

Are You Ready for $15 Gasoline?

by Sean Brodrick on May 27, 2008

Riverwired points to an interview on CNBC with “Management Information Services Senior Energy Advisor” Robert Hirsch, who warns that gasoline could hit $12 to $15 a gallon.
 
He based his prediction on an interview given by Charles T. Maxwell in February. Maxwell, who is apparently known as “The Dean of Oil Analysts,” said the crisis will start [...]

Travel Day

by Sean Brodrick on May 27, 2008

I’m going home today — hooray!  Mexico was very interesting, but I’ll be happy to be home with my wife and kids, who I’ve missed terribly. 
The blogging gods have decided I can’t post pictures today (”Take that, skin sack,” says the evil machine).  So here are some things that might interest you …
Gold [...]

The Giant Stealth Bear Market

by Larry Edelson on May 27, 2008

In my May 13 post, I said that U.S. stocks have been in a Giant Stealth Bear market since the year 2000, losing more than 75% of their value in real terms! How can that be you ask since the DJIA is trading roughly 1,000 points shy of its record high? Where are the US [...]

The Giant Stealth Bear Market

by Larry Edelson on May 27, 2008

In my May 13 post, I said that U.S. stocks have been in a Giant Stealth Bear market since the year 2000, losing more than 75% of their value in real terms! How can that be you ask since the DJIA is trading roughly 1,000 points shy of its record high? Where are the US [...]

Mine Exploring — Do You See What I Guanacevi?

by Sean Brodrick on May 26, 2008

Sunday, we flew across the Sierra Madres to Guanacevi, where Endeavour Silver has a mine project. I’ve been to Guanacevi before (the stock is in our Red-Hot Canadian Small-Caps portfolio). While there have been many changes, one thing that hasn’t changed is Guanacevi International Airport. We still land in a horse pasture. Last time, we [...]

Uh-Oh! Gulf States May End Currency Peg to U…

by Sean Brodrick on May 25, 2008

We hear from Bloombergthat both the United Arab Emirates and Qatar could abandon their currency pegs to the U.S. dollar in favor of a basket of currencies within months, and Saudi Arabia may follow the move late next year. They would all be following the lead of Kuwait, which last year broke from its neighbors [...]

Saturday Mine Spelunking — Going Deep

by Sean Brodrick on May 25, 2008

Man, what a long day Saturday was. I visited two mines and then took a long ride in a small plane (so that today, I can look at another mine). Here are some photos … First, we tromped into a mine …Next, I’ll show you one of the wider passages of this old mine. Remember, [...]