Sunday, October 22, 2017

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In these pages, I have written extensively on how central banks will ultimately be the ones who drive gold bullion prices much higher. The phenomena of these banks getting back into gold (after they were net sellers for years) started in mid-2009.

The chart below clearly shows the rise in gold bullion reserves held by central banks across the global economy; its trend is quite impressive, even for a gold bug like me.

Central banks’ gold reserves have increased about 6.4% since the first quarter of 2008 to the first quarter of 2013. (Source: World Gold Council, last accessed... Read More

Eni signs an agreement with the city of L’Aquila for the restoration of the Basilica of Santa Maria Collemaggio and the redevelopment of the Parco del Sole. With the signing of this agreement, Eni is committing to allocating the economic resources necessary for the realisation of the project, expected to amount to approximately € 14 million, as well as providing the technical and project management expertise necessary to complete the restoration and redevelopment.

Today signifies the conclusion of the celebrations connected with Celestine’s Pardon in L’Aquila. The occasion has been marked... Read More

I’m sure most of you have noticed that in the last decade, water consumption has tripled with prices about a hundred times more tap water. Some of us buy it just because we like it, others because they think it taste better then you have those who believe it’s just healthier. But is it worth $33.50 per bottle?

I’m not referring to a 10 or 16 oz. bottle either.

The Japanese drinking water “Hawaiian Deep Seawater”, has become so profitable that the Hawaiian government is now allowing bottlers to use a state-certified logo for their deep seawater for a supposed fee. Hawaii Deep... Read More

The life span of an oil well is an often misunderstood concept to the public. This misjudgment causes many to develop a view that works against future American energy solutions. Current energy challenges require balanced solutions. While technologies are developed to improve renewable energy sources, it is essential to grasp the transitory role fossil fuels play in stabilizing our economy. Therefore, oil wells, are still vital to the economic growth of the country. Heritage Oil & Gas is serving a critical part in providing domestic petroleum products by utilizing modern technology... Read More

I was reading an article yesterday about money written by the folks at which I though was very interesting and answered some questions that I always had about some money. I thought that people would enjoy reading some of these fascinating facts about our American money. So, sit back and discover some intriguing facts and details about dollar bills.

It weighs only 0.035 oz (1 gram), is only 16 square inches (0.01m²) in size and consists of cotton and linen but those who do not have it would like to have it and those who have it would like to have more of it. It is the... Read More

British Support for Renewable Energy Continues To Grow

The survey, DECC Public Attitudes Tracker, was run from early 2012 through to last March. There were four surveys — one longer survey and three shorter ones — concluded with a face-to-face in-home interview with a representative sample of 2,051 households.

Below are the key findings which were taken from the survey, as finalised after Wave 5. For a full comparison of wave 5 findings against the previous four waves, head... Read More

It's America's final frontier for shale and the payout will be huge. Forget about the 1849 gold rush, Hollywood and Disneyland. there's a new kid on the block. If you add up the recoverable resource estimate for the Bakken formation in North Dakota (you must read my article-The Future Is 'Saudi Dakota'), as well as the Eagle Ford in South Texas...then DOUBLE it, you'll get close to the number of recoverable barrels of oil that remain trapped in the heart of this untapped 'mega' shale deposit. Put another way, according to the US Energy Information Administration, this one massive shale... Read More

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