News

By Nick Giambruno   Whenever I see the words “life-changing opportunity” or something like that, I immediately dismiss it as a lame gimmick or hyperbole. And while I am truly reluctant to use those often misused words, I can honestly think of no better way to describe Puerto Rico’s tax incentives for traders, hedge funds, […]

By Marin Katusa, Chief Energy Investment Strategist The Ukraine crisis has moderated for now, but it should have awakened the world to the new “great game” being played in Eastern Europe. Vladimir Putin is positioning Russia to control the global energy trade, knowing that he holds the trump card: Europe’s dependence on Russian oil and

By Jared Dillian One of my old rules of trading is that whenever a major asset class, index, or other benchmark has a sudden, rapid move in price, something blows up. Sky high.That’s because people get used to regimes. They get used to a certain state of affairs with a lack of volatility. They become

By Marin Katusa, Chief Energy Investment Strategist Oil is not quite as powerful a weapon against modern-day Russia as one might think. By arguing that the slump in oil prices will finish off Russia just like it did the Soviet Union, Ambrose Evans-Pritchard, writing in the Daily Telegraph, is forgetting how far Russia has come since those

Source: JT Long of The Gold Report  (12/10/14) It’s not just surfers who scrutinize wave patterns. Steven Hochberg, chief market analyst at Elliott Wave International, uses the Wave Principle to predict the movements of commodities and the stock market based on a number of factors, including sentiment. In this interview with The Gold Report, he reads the waves and

By Dennis Miller This warning comes from “Big Al” Greenspan, age 88. He’s been in the news a lot lately, speaking with Gillian Tett of the Financial Times at the Council on Foreign Relations and at the New Orleans Investment Conference. After reading several reports of both events, I spoke with Casey Research colleagues who’d attended the

By Nick Giambruno, Senior Editor, InternationalMan.com Nick: Okay Doug, so looking around, what markets look cheap to you today? Doug: I saw recently that many stocks in Greece are selling at around four times earnings. But I don’t know what the quality of their earnings are. Of course, the dividend yield on Greek stocks isn’t very high,

By Marin Katusa, Chief Energy Investment Strategist In recent years, a number of Asian companies have been betting that Canada will be able to export cheap liquefied natural gas (LNG) from its west coast. These big international players include PetroChina, Mitsubishi, CNOOC, and, until December 3, Malaysian state-owned Petronas. However, that initial interest is decidedly

By Jared Dillian When I was in junior high, my friend Scott had this Billy Crystal tape that we passed back and forth to each other. I still like Billy Crystal, but let’s just say he was truly hilarious when I was 13 back in 1987.He had this routine about old codgers who used to

By Nick Giambruno   Pop quiz: can you name this free-market jurisdiction in the Western hemisphere? Here are some of its attributes: Personal income tax: NONE Corporate income tax: NONE Capital gains tax: NONE Taxation of dividends: NONE Taxation of interest: NONE Withholding taxes: NONE Payroll tax: NONE Social Security tax: NONE Wealth tax: NONE Inheritance/estate tax: NONE Property taxes: NONE Compared to the levels of