Wall Street Still Making Energy Loans

Today Whiting Petroleum (symbol WLL) stock fell nearly 20% after it announced that it sold 35 million shares at $30 each and sold $1.75 billion worth of bonds. The debt will be used to refinance borrowings used to fund the acquisition of Kodiak Oil & Gas.

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Tesla: Bonfire of the Money Printers’ Vanities

David Stockman needs no introduction, but I’ll give him one anyway. He’s a former US Congressman who, upon assuming responsibility as Ronald Reagan’s budget director in 1981, became the youngest presidential cabinet member of the 20th century.

Following a 20-year career on Wall Street, David is now an outspoken critic of government stupidity. He argues on behalf of outdated notions like a balanced budget, free markets, and for the government to just plain leave us alone.

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Are Gold Miners Leading Gold?

The miners will typically lead Gold at major turning points. We say typically because the trend in the relationship is hardly exact or precise.

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Better Total Returns with Less Risk

[From Your Editor: We all want a reasonable, compounded total return on our investment. Return on Investment (ROI) is one of the only reasons to ever make an investment in the first place. True?

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2015 Outlook: What You Really Need to Know

In the January issue of BIG GOLD, I interviewed 17 analysts, economists, and authors on what they expect for gold in 2015. Some of those included what we affectionately call our Casey Brain Trust—Doug Casey, Olivier Garret, Bud Conrad, David Galland, Marin Katusa, Louis James, and Terry Coxon. The issue was so popular that we decided to reprint this portion.

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