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Global Natural Gas Demand to Rise Sharply

“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…”

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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.

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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.

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COOKIE MONSTERS! SESAME STREET Allegedly Used to Torture Guantanamo Bay Prisoners

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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

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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.

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