“Over the next five years, global demand for natural gas will rise at an average annual growth rate of 2.7% according to a report from the International Energy Agency (IEA) entitled Medium-Term Gas Market Report 2012. The projected growth rate is more than 10% higher than the projected average annual growth of 2.4% in last year’s report.
The IEA predicts that Chinese demand for natural gas will double in the next five years…”
With No Real News to Turn Europe Around Oil Remains Weak
Oil continues to fall over a slowing global economy and the future propects of what Europe’s debt crisis will do to the global economy.
Comments »Gold Has Regained Safe Haven Status
Following last week’s resurgence and tonight’s upside reversal, it appears gold has regained safe haven status thanks to its de facto alternative currency characteristics.
Comments »FLASH: GOLD AND SILVER SOAR
Money is flowing into precious metals. Gold is up 2.5% and silver +2%.
Comments »Raise Your Glasses as Oil Tanks
The only thing good about risk off and a deflation vortex is the fall of commodity prices. Brent Crude is down below a $100 while WTI is sitting just above $84.
Comments »COOKIE MONSTERS! SESAME STREET Allegedly Used to Torture Guantanamo Bay Prisoners
Forget waterboarding, Guantanamo Bay prisoners are now being tortured by BIG BIRD — at least according to a new documentary released by Al Jazeera.
According to the doc — called “Songs of War” — detainees at the U.S. Naval base have been forced to wear headphones blaring Sesame Street music on repeat for hours or days on end … to break their will (start at 2:00).
SEE THE REST HERE AT TMZ.COM
Comments »Gold – A Potential Waterfall Event
Brandt: The Gold market is on the verge of declaring its next $250 move…
Read the article here.
Comments »Gold’s “Contrarian Moment”
Casey Research is out with a nice piece about gold and gold stocks.
Read the article here.
Comments »Oil Rises On Speculation Growth Will Come Back Via Stimulus and Bailout Measures
Analysts: Expect Volatility, But Gold Will Return to Safe Heaven Status
Oil Takes a Dead Cat Bounce on Greek Party Hopes and Iran Tensions
Oil makes a bounce play into the $92 per barrel range on Iran tensions and the hopes Greece will have a successful election with a democratic party that favors bailouts.
Comments »Weak Oil Prices Crushes the Ruble
Oil Manages Not to Sink in Troubled Economic Waters
Oil hits new lows not seen in some time. For now oil is hopeful Europe will issue bonds and yesterday’s relaxing of margin requirements by the CME should help.
Comments »Natty Gaz Making the World a Bit More Green
Breathe in deep as CO2 emissions drop from less coal burning. All thanks to natty gaz….
Comments »Copper Jumps on China Demand Speculation
After falling recently, traders put on speculative buys that China’s demand will grow.
Comments »CHEERS: Oil Drops Below $90
FLASH: Gold and Silver Prices Are Getting Smashed
Oil Gets Kicked in the Teeth on Iran Deal, Slowdown, and Rising Stockpiles
Gold: 4 Reasons to be Bullish
The Technical Take is of the opinion that this is the best time in several years to buy gold. Read the 4 reasons why, here.
Comments »Obama May Still Tap Strategic Reserves
Despite falling oil prices, the Obama administration may still tap oil reserves as Iran sanctions take hold.
Comments »