Last year, I wrote a somewhat bearish article on the long-term price of oil. While I am sticking to... Read More

Last year, I wrote a somewhat bearish article on the long-term price of oil. While I am sticking to my guns long-term, a recent research piece published by Confluence Investment Management’s... Read More

If you’ve been keeping score for the past six months or so, oil (in its various forms) and... Read More

If you’ve been keeping score for the past six months or so, oil (in its various forms) and some other commodities (such as corn, gold, silver and soybeans) have all been in major bullish... Read More

President Trump recently announced his plans for tariffs on both steel and aluminum imports into... Read More

President Trump recently announced his plans for tariffs on both steel and aluminum imports into the United States, setting off a wave of threats from other countries and sending the S&P 500... Read More

They said it could not go down. In fact, some bitcoin evangelists claimed it was mathematically... Read More

They said it could not go down. In fact, some bitcoin evangelists claimed it was mathematically impossible for the price to drop. Other true believers were calling for $100,000 or even $1 million as... Read More

It is one of the hottest — and most polarizing — topics in finance over the past few... Read More

It is one of the hottest — and most polarizing — topics in finance over the past few months. It’s talked about in the media nearly every day. Some have hailed it as the next... Read More

2018 is starting off right where 2017 finished, with markets notching new highs on a near-daily... Read More

2018 is starting off right where 2017 finished, with markets notching new highs on a near-daily basis. And even though we’re early in the year, I believe I’ve come across an important... Read More

In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of... Read More

In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of “peak oil”, a theory regarding the maxing out of U.S. oil production that goes back to 1919,... Read More

Energy master limited partnerships (MLPs) have taken a beating over the past year or so — and... Read More

Energy master limited partnerships (MLPs) have taken a beating over the past year or so — and for good reason. Soft energy prices have driven many MLPs to make significant cuts in their... Read More

We are in the midst of an extraordinary situation in the financial markets. Situations like this... Read More

We are in the midst of an extraordinary situation in the financial markets. Situations like this only occur a few times in every investor’s lifetime, and bring with them a tremendous... Read More

The year: 1993. The Cold War is over.  Just a few short years after President Reagan cried at... Read More

The year: 1993. The Cold War is over.  Just a few short years after President Reagan cried at the Brandenburg Gate, “Mr. Gorbachev, tear down this wall!” a new era had dawned in the... Read More