Prior to joining Penny Sleuth, Byron received his Juris Doctor from the University of Pittsburgh School of Law, was a cum laude graduate of Harvard University, served on the staff of the Chief of Naval Operations and as a field historian with the Navy. Our resident energy and oil expert, Byron is the editor of Outstanding Investments and Energy and Scarcity Investor. Byron has made frequent appearances in mainstream media such as The Washington Post,MSN Money, Marketwatch.com, Fox Business News, CNBC's Squawk Box, Larry Kudlow, Glenn Beck and PBS Newshour. He also had a feature article written in the Financial Times, and has appeared on both CNN and Marketplace radio broadcasts. Byron has also been quoted in various international publications such as The Guardian and De Volkskrant, and has been a guest on Canada's CBC television broadcast.
Frightening Friday
Ah, the drumbeat of worry over shutting down our wonderful federal gummint!
Poor g-man souls... it's "scary." They might get locked out of the federal building, unable for days on end to place the yellow-tinted papers in the yellow basket, or the blue-tinted papers in the blue basket. Unable even ...read more
The French nation was hobbled by strikes, rolling strikes, street violence and other protests. It sprung from the proposal of French Pres. Sarkozy to raise the minimum retirement age to 62, by 2018 — or so the newspapers tell us. Let’s think about it, though.
As a long-time follower of the ...read more
The biggest holder of U.S. Treasuries isn’t happy.
And why should they be? They’re sitting on the sidelines holding US treasuries worth $797 billion. That’s quite a chunk of change.
Of course I’m talking about China.
The Chinese have been the biggest foreign creditor to the United States and in recent statements they’ve ...read more
Since ancient times, gold has been a safe haven for investors worried about market volatility and political uncertainty. Even the rise of paper currencies hasn’t managed to kill the idea of gold in people’s minds. That’s because gold is no one’s liability — currencies come and go, but gold remains ...read more
Recently, the U.S. Treasury Department released data showing an 11% decline in official Chinese holdings of U.S. government bonds during the past year.
The Chinese government isn’t adding to its U.S. bond position. Nor is it rolling over its previous purchases. Instead, between September 2009–June 2010, Chinese holdings of U.S. bonds ...read more
Not long ago, I interviewed Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. We discussed his role at Chevron, where he runs energy exploration and development in the vast Atlantic Basin. We also discussed Mr. Moshiri’s views on what Mexico needs to do to breathe ...read more
Mexico is a critical oil supplier to the United States. But Mexico’s ‘s oil industry is in crisis. Indeed the grim numbers come from no less a source than the Mexican Energy Ministry. Production statistics make it clear that Mexico’s overall oil output is declining rapidly — with the word ...read more
Recently, I had a long talk with Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. Mr. Moshiri been has been working for Chevron for over 30 years. He’s one busy man, whose responsibilities begin in the southern waters of the Gulf of Mexico and extend ...read more
In the aftermath of the Deepwater Horizon explosion and the ongoing oil blowout in the Gulf of Mexico (GOM), risk factors have changed for fossil fuel energy developments.
We need to consider what it means for our future investment strategy — indeed, there are more lucrative opportunities if you look in ...read more
You’ve probably heard that old piece of investing advice to “Buy when there’s blood in the streets.” Basically, it means that there’s a geographical area, business sector or line of business that has fallen seriously out of favor. Thus, there are screaming bargains available, if you have the guts to ...read more
