Oil price shock; you ain’t seen nothing yet
Wiki Commons Jeremy Warner Telegraph The most common cause of a spiking oil price is supply shock. We may be seeing just such a phenonenon…
Finance
Gas Prices Set to Rise Nearly 40 Cents in Coming Days
Kurt Nimmo InfoWars Earlier this week, market analysts warned that the price of gas may reach $5 by the end of summer. Now they are…
What You Need to Know About Buying Silver Today
Casey Research It’s hard to believe that less than three years ago, silver was $8.80 an ounce. Since then it has nearly quadrupled in value…
Why I’m Buying Silver at $30
Jeff Clark Big Gold The silver price has bounced 27% since January 28, a huge advance for a measly 16 trading days. It’s already soared…
US urges oil output boost to ease prices
US Deputy Secretary of Energy Daniel Poneman attends the International Energy Forum (IEF) © AFP Fayez Nureldine AFP RIYADH (AFP) – US Deputy Secretary of…
Oil Hits 2.5-year High on Arab Revolts
Libyan Oil Tanker (Wiki Commons M. Elhaif) Activist Post As the Libyan revolt convulses into the bloodiest protest in the Arab world, oil reached its highest…
Silver Rises to a 30-Year High as Mints Start to Ration Coins
Jack Farchy Financial Times Silver jumped to a 30-year high amid record levels of investor buying that has drained mints of silver coins. The price…
Bernanke urges G20 to tackle volatile cash flows
© AFP Patrick Kovarik AFP PARIS (AFP) – The torrent of cash flowing into emerging markets is a challenge to global economic stability, Federal Reserve…
Oil rises to $104 a barrel
The price of oil flirted with two-and-a-half-year highs amid fresh concerns about tensions in the Middle East. Ben Harrington Telegraph Brent crude rose above $104…
World Bank: Food prices at “dangerous levels”
Dees Illustration Christopher Leonard AP/Yahoo ST. LOUIS – Global food prices have hit “dangerous levels” that could contribute to political instability, push millions of people…
US unveils housing market overhaul
© AFP/Karen Bleier AFP/Activist Post WASHINGTON (AFP) – The Treasury Department proposed Friday to set a mandatory 10 percent down payment for US home buyers…
Get ready for higher food prices
Telegraph image David Hendee Omaha.com Warnings of higher food prices headed for American supermarkets and restaurants were swallowed easily across much of farm country Wednesday….
Saudi oil reserves ‘overstated by 40%’
WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices John Vidal Guardian The US fears that Saudi Arabia, the world’s…
How Banks and Investors are Starving the Third World
“What for a poor man is a crust, for a rich man is a securitized asset class.”–Futures trader Ann Berg, quoted in the UK Guardian….