I have an article in Financial Express on this today.

The ‘gold bugs’ assert that at all times and in all circumstances gold remains money.  For some irrational reason the ‘paper bugs’ cling to their increasingly worthless colored coupons asserting their importance as currency.
The Great Credit Contraction has begun and in the macro sense there is no practical solution to the end of the current [...]

Russia’s recessionary contraction has been marked with several distinct features. First, capital account deteriorated significantly. In Q3:2009 it posted a $23.7 billion deficit, reflecting net capital outflows as a result of recovery uncertainties, exchange rate and oil price volatility and the inability of the Russian banking sector of debt repayment. Thus, net capital flows to [...]

On 22 October 2009 Reuters reported that Korea National Energy Corporation will purchase Harvest for C$1.8B or C$10 per unit.  On 12 December 2008 I wrote, “For these reasons Harvest appears to be fairly cheap and a good opportunity.”  This article will examine the anatomy of the trade and opportunities for redeployment of capital.
PEAK OIL
One [...]

The FRN$, the world’s reserve currency, has no definition and the quantitative easing will fail.  After all, what is a dollar?  Because there is no definition therefore it is impossible to perform accurate, or even semi-acccurate, calculations of value using this tool.  Consequently, other key ratios ought to be used to hone in and focus [...]

On 16 December 2008 in Oil Majors Should Just Buy Real Gold I wrote, “The entire eligible COMEX stockpile represents an immaterial 0.36% of the current assets of the five oil majors.  The oil majors could drain the COMEX with a rounding error.  It would be 14% of what Exxon Mobil was spending per quarter buying back stock. [...]

Serious investors should watch specific key ratios; which I provide freely to any RunToGold reader.  The major asset classes include gold, silver, oil and stocks.  At all times and in all circumstances gold and silver remain money.  Oil is the worlds primary energy source.  Among other purposes, stocks should represent the wealth generating capability of the [...]

At OPEC’s most recent meeting held in December, the thirteen-member cartel agreed to reduce crude oil outputs by 2.46 million barrels per day, a record production cut for the group. As world crude prices dropped below $38/barrel, the cut is designed to stabilize prices to meet OPEC’s forecast of $75/barrel as “fair.”
Market analysts believe that [...]

The trade relationship between the U.S. and Canada is globally unique and intensively intertwined. As the United States’ most significant trading partner, 80% of all Canada’s exports are shipped south (and 21.4% of America’s travel north). In 2007, more goods passed back and forth across just one U.S.-Canadian border crossing—the Ambassador Bridge between Detroit and [...]

Global oil markets are sensitive to weekly reports of U.S. oil inventory levels. Prices often move up when large falls are reported and down when inventories build – particularly when the data surprises the market. Each Wednesday, the U.S. Energy Information Administration (EIA) publishes its report on oil inventories. Unexpected drops can spark price spikes [...]