Latest piece from Art Berman arguing that the Keystone XL Pipeline is a bet on much higher oil prices a few years from now. Some key observations: It will take at least $85 oil prices to develop the new oil sand projects needed to fill the pipeline. U. …
Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money
Following Texas’ footsteps, Utah introduces bill that would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.
With shale gas production declining and conventional gas having been in terminal decline for the past 15 years, the supply surplus that has existed since December 2014 has disappeared and a supply deficit began in January 2017.
An online grocer in the UK debutes a fruit-picking robotic arm for its assembly line.
Bloomberg’s Sunset Index, which tracks the number of working age people per retiree, by country, paints a global picture of the demographic onslaught which will put severe strains on government budgets and the younger population.
One Belt One Road, the modern day version of the Silk Road and China’s monumental push to redefine the economic and geopolitical relationships in Eurasia, continues to expand unabated.
The recent blow-up of the Dallas Police and Fire Pension System, an event which is mathematically predictable and preordained, is just an opening act of what is to come for dozens of US local and state government pension plans in this coming decade.
2013 will go down as the first year in which retirement accounts have greater distributions than contributions (i.e. net outflow) on a continuous basis.
China is on its way to global dominance of renewable energy just as the US, UK and Australia continue to apply the brakes to clean energy.
An illustrative infographic by architect Kon von der Schulenburg explores and highlights the amazing evolution of urban planning dating back to the 1700s.