Category: General

Doug Casey Uncovers the Real Price of Peak Oil

Posted on by The INO.com Team

Doug Casey, chairman of Casey Research and expert on crisis investing, is on the search for real wealth – not investments in companies that push around paper. In this exclusive interview with The Energy Report, Casey shares his pragmatic take on what's next for oil, gas, and nuclear power.

The Energy Report: There will be a Casey Research Summit on Navigating the Politicized Economy in Carlsbad, California, in September. At the last conference, Porter Stansberry caused some excitement with his argument that oil could go to $40/barrel (bbl). What's your view?

Doug Casey: We like to have a range of defensible views represented at our conferences. But personally, I don't think it's realistic to suggest oil prices will drop as low as $40/bbl. Continue reading "Doug Casey Uncovers the Real Price of Peak Oil" →

Stocks higher, but volatile, after Bernanke speaks

Posted on by The INO.com Team

It took a while, but investors eventually decided they liked what they heard from Ben Bernanke, and stock indexes rose enough on Friday to put them into positive territory for August.

Stocks gyrated after the Federal Reserve chairman spoke on Friday morning. They first gave up their morning gains, then bolted to their highs for the day, before settled in-between. Continue reading "Stocks higher, but volatile, after Bernanke speaks" →

Bernanke: With unemployment high, Fed can do more

Posted on by The INO.com Team

(AP:JACKSON HOLE, Wyo.) Chairman Ben Bernanke says high U.S. unemployment is a "grave concern" and that the Federal Reserve will provide more help if the economy doesn't improve.

Bernanke stopped short of committing the Fed to any specific move, such as another round of bond purchases to lower long-term interest rates. But in a speech in Jackson Hole, Wyo., Bernanke suggested the Fed will consider further steps to boost the economy, which he describes as "far from satisfactory."

He noted that further action carries risks but says the Fed can manage them. The Fed "should not rule out" new policies to improve the job market, Bernanke says. Continue reading "Bernanke: With unemployment high, Fed can do more" →

Waiting on Bernanke

Posted on by The INO.com Team

After moving notably lower over the course of the previous session, stocks are likely to move back to the upside in early trading on Friday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 115 points.

The upward momentum for the markets comes as traders express optimism about Federal Reserve Chairman Ben Bernanke's upcoming speech at the Kansas City Fed's Jackson Hole symposium. Bernanke is due to speak at about 10 am ET.

Many traders expect Bernanke to make comments indicating whether the central bank will engage in another round of quantitative easing. Continue reading "Waiting on Bernanke" →

Doug Casey Predicts Day of Economic Reckoning Is Near

Posted on by The INO.com Team

It is a deal with the devil: governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and deflation continues, Casey discusses his predictions for the new world market in this exclusive interview with The Gold Report.

The Gold Report: There will be a Casey Research Summit on "Navigating the Politicized Economy" in Carlsbad, California in September. Investors from around the world look to these summits as future road maps for investing pitfalls and opportunities. Continue reading "Doug Casey Predicts Day of Economic Reckoning Is Near" →