Browsing: The Daily Reckoning
When you've got a room full of 200 oil insiders scratching their heads at current high prices, something's gotta give.
The petropoly has bills to pay and setting the price of oil was a simple way to balance their budgets.
Investors don’t seem to care that what's propping up their investments is what will ultimately destroy them: government monetary policy.
For the next decade the energy revolution will be likely confined to the US, displaying the robustness of American entrepreneurship.
Debt is not a problem until it becomes one. And then you have what they call the Bang! moment.
Lower stock prices are likely; it makes no sense for investors to pay higher prices for a shrinking earnings stream.
The national debate on gun control underwent a paradigm shift last week when Defense Distributed, introduced a fully 3D-printable weapon.
It’s imperative to recognize the urgency of diversifying the political risk your assets are exposed to. Do it now.
No matter where you live, your government is the greatest threat to your wealth today.
The trouble with today’s financial system is that the authorities are trying to de-risk it, suckering everyone into behaving recklessly.