“An economic awakening that’s been at least three years in the making”

Mark my words, the energy story of 2012 will be the 2nd order effects of a natural gas glut that will peak as they run out of storage to even keep the natgas being produced.  What then? Good for some manufacturers for sure, but not for others. Take for example the opening paragraph in . . . → Read More: “An economic awakening that’s been at least three years in the making”

Flaring Contango

My inner energy futures trader is mesmerized by what is happening in the natural gas markets of late.  If you do not wake up at night wondering if natural gas will flip from contango to backwardation then I will make it simple..  the price of natural gas is plummeting faster than anyone predicted.

A little over 3 . . . → Read More: Flaring Contango

Don't Let Short-Term Volatility Inform Investment Decisions: James West

James West isn’t interested in timing the precious metals market—that’s a good way to end up butchering perfectly good investments. As the editor of The Midas Letter and portfolio advisor of the Midas Letter Opportunity Fund, West doesn’t even check the daily trading of the stocks he’s following. He’s more interested in making . . . → Read More: Don’t Let Short-Term Volatility Inform Investment Decisions: James West

A Practical Reason to Abolish IP

I’ve often criticized IP from both philosophical and utilitarian grounds, but I haven’t often addressed some of the specific benefits that would come from abolishing IP. Anyhow, here’s a story that offers a glimpse of a future without IP:

As companies compete to digitize the textbook market, there is one approach that shakes the . . . → Read More: A Practical Reason to Abolish IP