Archive for Dave Gonigam
Dave Gonigam is a contributor to Whiskey & Gunpowder, Daily Reckoning and Desidooru Saloon.Happy Freakin’ Fourth
Tomorrow we pause to commemorate the achievement of the Founders in 1776. Today we reflect on the botch that subsequent generations have made of it.
Weakening Indicators
Yes, the sales numbers from Detroit are pitiful. But as usual, I look elsewhere for signs of a deteriorating economy.
Oil Players Still In Denial Over Key Problems
Editor’s Note: The debate over why crude oil prices keep on setting new records rages on. The Daily Reckoning’s energy expert Dave Gonigam thinks the blame game that’s going on in the oil market detracts from the real issue at hand. The world’s supply of oil simply can’t keep up with demand.
Saudi Arabia Divided on Oil Policy
Editor’s Note: Dave Gonigam in Desidooru Saloon has picked up on a power struggle among Saudi Arabia’s oil elite that could have major implications for the energy market…
US Legislators Missing the Point About the Oil Crisis
Editor’s Note: Banning speculators will bring down crude oil prices says Congress. But they’re missing the point, says Dave Gonigam in The Daily Reckoning. This will not address the imbalance in the oil market… “In ’speculators,’ everyone from members of Congress to the king of Saudi Arabia has found an excuse to ignore the supply-demand imbalance that’s at the heart of $138 oil,” says Dave. “It enables denial.”
Intellectual Balkanization
Time to step away from the looming crises of Peak Oil, Peak Food, Peak Everything (the theme of our annual July conference in Vancouver; there’s still a handful of slots remaining) and examine one of the demographic/psychographic trends that will also shape our future in the decade to come.
Report from the Editorial Meeting
Six times a year, the Agora Financial editors converge from all over the world on Baltimore to exchange ideas about the state of the world and what it means for your investments. Much of the discussion yesterday was frankly grim.
Xenophobia Redux
For the third time in my lifetime, a storm of revulsion against foreign investment in the United States is beginning to gather. Only this time the clouds appear much more ominous.
Touching Naivete
The naivete of Washington’s chosen puppets in Baghdad is touching, just touching.
‘Silent Spring’ Already Setting In
I have to admit when Byron King made his “silent spring” prediction last month — a severe curtailment in air travel as early as next spring because of fuel prices, including an estimate that 70% of U.S. airports are at risk of losing commercial passenger service — I was a bit skeptical.
Latest News
- Expect Global Inflaiton to Push Gold to $2,2002:25pm CDT
- Another ECB Rate Hike Will Kill the Dollar2:02pm CDT
- BRICs Crumbling Under Weight of Inflation10:51am CDT
- Food Producers Fail to Benefit from Spike in Market Prices10:23am CDT
- European Bank Stocks Rise on Improved Outlook9:34am CDT
- Crude Oil Prices Hit $146… Who’s to Blame?9:18am CDT
- UBS Shakes Up Board Ahead of ‘Likely’ IRS Probe11:41am CDT
- Iraq Seeks Foreign Investment to Rebuild Energy Sector10:37am CDT
- CIT Group Offloads Home Mortgage Business10:28am CDT
- The Decline and Fall of the American Empire9:16am CDT
- Gas Prices Remain High for Fourth of July Weekend7:49am CDT
- Crude Oil Prices Hit Another Record High Above $1401:26pm CDT
- Speculators Are to Blame for Sky-High Crude Oil Prices12:59pm CDT
- Gold Soars on Iran Attack Fears11:38am CDT
- Stimulus Checks Give One-Off Boost to Consumer Spending11:31am CDT
- Brazilian Industrial Output Slows11:14am CDT
- Qatar Sovereign Wealth Fund to Invest $8bn in Libya11:11am CDT
- June Slump Leads Dow Into Bear Market9:59am CDT
- Time to Jump In to GM Foods?8:19am CDT