Latest Reports

Top Left Corner of the Front Page

No industry on earth has an existential problem like smoking.  They make billions of dollars (like, it’s getting close to $1 trillion) but kill millions of people. The industry of course doesn’t want to kill the goose that lays the golden eggs—their customers—so they are always trying to...
It’s a bear market.  That means that picking stocks just got a whole lot harder.Bull markets are forgiving.  The trend of the market is up.  Most individual names will go up too.Just stay away from the duds and in a bull market you can see your picks...
European natgas prices are starting to rip higher once again.  They had settled a bit after going ballistic on news of the Russian invasion of Ukraine in February. In February it was The War News that caused the price spike.  This time Euro gas prices are surging because...
If you’re an investor over 50 years old,  you have a bar of gold in your head.What I mean by that is—you’re aware of how gold is SUPPOSED to work in a diversified investment portfolio. It's an inflation hedge; it's an insurance policy...it's nebulous now, in this...
Gold and I, we have a love/hate relationship.  From mid 2019 - to mid 2020 -- I loved it.  Since then, it has been a lot more hate than love.Over 30 years, I’ve stuck with gold through good times and bad (apart from stop losses that is).I...
Every form of energy is going through the roof.  Oil, natural gas, refined products, coal – you name it, if it’s a fuel, it is going up.Except for one.  Uranium prices, which caught fire in the fall and again during the first few weeks post-invasion, have taken a tumble.The...
This is a Market with very few places to hide.All the favorites are getting killed.  You thought you could hide in consumer staples, in big tech?  Think again.With the world upside down, is it any surprise that the biggest safe haven has been the most volatile and...
My big question with the energy transition has always been: where’s the baseload going to come from?We want to get rid of oil.  Okay.  Around 80% of a barrel of oil is used in transportation.  If we electrify everything – EVERYTHING – you get rid of a lot of...