Tag Archives: trade

Balance Point: The US Cruises Towards (Net) Energy Independence

The US is now exporting so much crude oil, petroleum products, coal, and natural gas (both by pipeline and LNG), that the country‚Äôs net energy dependency has now fallen below 10% of its total consumption, in the first five months of 2017. The trend towards (net) energy independence is a retort to the historic assumption […]

Are Gold and US Treasuries in Conflict?

As a number of observers watch both Gold and Treasuries go higher in price, they’re concluding that one of these asset classes must be wrong. I can certainly understand that view. Over the past year, I have written several times that the 27 year bull market in US Treasuries most likely ended in December of […]