Japan and India on Saturday concluded negotiations for a landmark civil nuclear pact and Tokyo agreed to give a $12 billion loan for the country’s first high-speed train in a big boost to the ties between Asia’s second and third largest economies.
The Gold Bugs Index, the HUI, remains under pressure as it stands at 113.89, having tested the '100' level no less than 5 times in recent months. The summer doldrums continue with the precious metals sector struggling to catch a rally or make a meaningful move north, but are things about to change?
In the lead-up to the 2016 election, the most formidable candidates vying to serve as our next president have largely avoided the topic of nuclear power. Indeed, they have encountered little pressure to address it even as the Paris climate talks open, with none of the Republican or Democratic debates so far including a single, specific question on nuclear energy. Only one Republican candidate, Chris Christie,
EGYPT’S “long dream” is finally coming true, says Abdel-Fattah al-Sisi, the president. Not the dream of a capable government or reliable services—but the one in which Egypt’s nuclear-energy programme, started back in 1954, finally produces a watt of usable power. The government signed a deal with Russia on November 19th to build its first nuclear plant in Dabaa, on the Mediterranean coast.
By Nick Giambruno
Central planners around the world are waging a War on Cash. In just the last few years:
- Italy made cash transactions over €1,000 illegal;
- Switzerland proposed banning cash payments in excess of 100,000 francs;
- Russia banned cash transactions over $10,000;
- Spain banned cash transactions over €2,500;
- Mexico made cash payments of more than 200,000 pesos illegal;
By Justin Spittler
The oil price crash continues to claim victims…and many of them are in Canada.
The price of oil hovered around $100 for most of last summer. Today, it’s trading for less than $45.
Weak oil prices have pummeled huge oil companies. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which tracks the performance of major U.S. oil producers, has declined 36% over the past year. The Market Vectors Oil Services ETF (OIH), which tracks U.S. oil services companies, has declined 30% since last November.
By Dan Steinhart
Dear Casey Research Reader,
I recently talked to my friend James Altucher about his unique new research service…
If you don’t know James, he’s a multi-millionaire entrepreneur and an extremely successful investor.
He’s friends with billionaires like Peter Thiel…who made $600 million as the first investor in giant social media company Facebook.
Now, for the first time ever James is sharing his most lucrative investing strategy…
As you’ll read, James spent years developing this strategy to identify companies with huge upside…
By Doug Casey
(Interviewed by Louis James, Editor, International Speculator)
This interview was first published on March 14, 2012
Editor’s Note: As you may have heard, the World Health Organization (an arm of the United Nations) issued a major report this week. The report claims that eating processed meat, like bacon, causes cancer. The report also says eating any kind of red meat may cause cancer.
In today’s Weekend Edition, Casey Research founder Doug Casey explains why you should always be skeptical of government “science”…
Louis James: Doug, you're going to love this.
By Justin Spittler
One of America’s largest companies is taking a controversial stance on employee benefits.
In a move that is sure to draw criticism from the mainstream press, Jonathan Johnson, chairman of online retail giant Overstock.com (OSTK), publicly stated that the company has stockpiled gold and food in preparation of a U.S. financial crisis.
Johnson recently told an audience at the United Precious Metals Association:
We are not big fans of Wall Street and we don't trust them. We foresaw the financial crisis, we fought against the financial crisis that happened in 2008; we don't trust the banks still and we foresee that with QE3, and QE4 and QE n that at some point there is going to be another significant financial crisis.
By Doug Casey
Editor’s Note: Casey Research founder Doug Casey answered dozens of investment questions during the recent Casey Research Summit. We transcribed five of Doug’s best answers, and we’re sharing them with you below. What you’re about to read is Doug speaking to a live audience. His responses are unrehearsed.
• When asked about the implications of cheap oil…
Doug Casey: I always look on the bright side, and the bright side of low oil prices is that most of the countries that produce oil are just horrible places. Low oil prices will help to bankrupt the governments of these places, and that will, hopefully, set the stage for things to get better.