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SeekingAlpha Energy Stocks (Free subscription) | 11/24/2009
Michael Fitzsimmons submits: I'm constantly amazed at the inability of US economic and financial "expert policymakers" to understand the true reason behind gold's big move: OIL . The inflation adjusted high for gold was set in January 1980 at $2,290 an ounce. It is not a coincidence this high was set just after the oil crisis of the 1970s. The US was lucky then: it had Paul...
SeekingAlpha.com (Free subscription) | 11/22/2009
Michael Fitzsimmons submits: As a follow-up to my last article , here are some interesting facts about Brazil gleaned from this week's The Economist magazine's special report on the country : Brazil is the world's fourth largest democracy. Brazil has the world's largest freshwater supplies, the largest tropical forests, and land so fertile that some farmers can harvest three crops a...
SeekingAlpha.com (Free subscription) | 11/19/2009
Michael Fitzsimmons submits: Here’s a link to Petrobras’ ( PBR ) 3 rd quarter conference call which took place Tuesday. Complete Story »
SeekingAlpha.com (Free subscription) | 10/29/2009
Michael Fitzsimmons submits: Tuesday night I spent commercial time doing my annual piggy bank "roll up." Yup, I am one of those people who dump their spare change into a large glass piggy bank and once a year pull it out and roll up the coins. As I was rolling up the coins, it dawned on me how non-precious they have become. The pennies are no longer significantly copper, the...
SeekingAlpha Energy Stocks (Free subscription) | 10/29/2009
Michael Fitzsimmons submits: The ConocoPhilips ( COP ) quarterly earnings conference call was noteworthy for a couple of different reasons. First, the company seems to be taking logical steps to address its debt issues in light of new realities. Although several oil analysts suggested COP would sell off its Lukoil ( LUKOF ) stake, company executives took any potential Lukoil divestitures...
