Jim Rickards: Obama's Abandoning the Saudis for Iran and Dooming the Petrodollar
Alex DaleyHow fast will the world move away from the petrodollar now that some major countries have scorned it?
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Alex Daley is the senior editor of Casey’s Extraordinary Technology. In his varied career, he’s worked as a senior research executive, a software developer, project manager, senior IT executive, and technology marketer. He’s an industry insider of the highest order, having been involved in numerous startups as an advisor to venture capital companies. He’s a trusted advisor to the CEOs and strategic planners of some of the world’s largest tech companies. And he’s a successful angel investor in his own right, with a long history of spectacular investment successes.
How fast will the world move away from the petrodollar now that some major countries have scorned it?
Much fuss was made yesterday when my colleague Nick Giambruno released a report outlining the incredible tax benefits to be had, by Americans no less (the only people in the world to be taxed back home even when we leave), in Puerto Rico.
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One set of investors has managed to catapult themselves to near-demigod status in recent years, with revelers hanging on their every word. They even have their own TV shows. Yet, with one simple investment, you could make double what they do. Here's
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Even the most promising tech advances must follow basic economic laws.
Genome sequencing has gone from a cost of $3 billion to $10,000 – within just nine years, says Alex Daley, Chief Technology Investment Strategist at Casey Research.
Former OMB director David Stockman reveals how the Federal Reserve has created a "doomsday machine" and why its inevitable demise is vitally important to the global economy.
The cellphone in your pocket is NASA-smart. Yet it costs just a couple hundred dollars. So why is it that rising technical capabilities are leading to drastically falling prices happening everywhere, except in your medical bill?
There's good reason to believe that today's children, immersed as they are in an amazing technical world, will still be wowed by developments on the horizon... let alone ones that are mere dreams at present.
The average interest rate for a savings account today is 0.45%.