One Thing is Shoring Up Europe

May 11, 2012

Europe, Europe, Europe… I know, you’re sick of hearing about Europe’s problems. But the problem with Europe is that it won’t go away. And if it does go away, we’ll have even bigger problems. What a mess.

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Asteroid Mining in Space: An Abundant Future Awaits

May 11, 2012

What I call the New Space Race is about to “take off” in a big way. And front and centre is asteroid mining. Yes, I mean literally digging into asteroids to extract ores and other materials.

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Attention Savers: Is Your Money Safer in Cash or Gold?

May 10, 2012

In a week where commodity prices have hit the skids, it seems crazy to ask if a commodity is safer than cash. In just over a week… Oil has fallen 8%. Copper is down 5.6%. And gold priced in US dollars is down 3.9%. Yet those falls are nothing compared to the 10.5% cut many [...]

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Why a Greek Exit From the Eurozone Could Be Great News For Markets

May 10, 2012

Greece is looking likely to leave the eurozone The mood music is turning against Greece. When the eurozone crisis first kicked off, the idea of letting Greece leave the eurozone (or ejecting it), was unthinkable. European leaders weren’t allowed to speak of such things, for fear that those nasty speculators in the financial markets would [...]

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The Great Push North for Arctic Oil Continues

May 10, 2012

The search for oil in the Arctic Circle – on ‘the roof of the world’ got more serious. Over the weekend, Norway’s Statoil ASA (NYSE:STO) signed a massive exploration deal with Russian behemoth Rosneft in a venture that may require more than $100 billion in investment over the next few decades.

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