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 [...]

Energy concerns top many American’s list of what worries them most. With gas prices at over $4 per gallon in many places, food prices soaring and the debate regarding food-based biofuels raging, it may seem difficult to see a way past the energy conundrum we find ourselves in. The answer to increasing America’s independence from [...]

The high oil prices have forced the government to act once again. Earlier it was the Stop Excessive Energy Speculation Act - an attempt to rein in speculations in the oil market.
In July 2008, when the price of oil touched $150 a barrel, the Federal Trade Commission came under increasing pressure from lawmakers to act [...]

The rising oil prices have forced the government to act. Many experts have blamed the recent increase in oil prices on speculation. The government is planning to introduce a legislation - the Stop Excessive Energy Speculation Act - in an attempt to rein in speculations in the oil market. Will the legislation in its present [...]

Trains Lose
On May 10, 1869, the golden spike was driven home at Promontory Summit, Utah, and the first transcontinental railroad spanned the United States. For the next 60 years railroads were king, moving people, freight and the U.S. mail throughout the nation. By the time the U.S. entered World War I, the railroads employed 1.8 [...]

As the price of fuel goes up, shiny new SUVs look shinier than ever; we’re not washing them more often, we’re just driving them less—especially in Alaska, where some drivers pay more than seven dollars a gallon for gasoline.
But this is not another anti-cartel, anti-big business, anti-government rant. If you’re looking for a reason [...]