svkoho

3 Ways to Profit from Brazil's Tupi Oil Field

Be careful accepting statements that deep offshore oil is viable at $40 a bbl. I certainly don't know what the break even price for Tupi and similar fields are but a number as low as $40 is almost certainly absurd. The difficulty and cost of extraction is unknown despite what you hear from the government. Cuidado!

Friday Outlook: Commodities, Emerging Markets

Thanks David for being there with wit and irony.

International ETF Update: Single-Country ETFs, Investing in Mexico

I lived in Mexico until recently and made good money investing in their economy but I got out last year. The plusses are a hard working friendly populace, a generally nice climate and a relatively friendly business climate. The negatives are systemic corruption and significant social turmoil and danger especially in border towns, a future of declining federal revenues with plunging export earnings from oil and nothing I can see in the wings to make up that lost revenue, an almost certain decline in tourism from high petroleum costs and a good chance of regional recession, over population and increasing food costs, class inequality and a tendency to resort to violence against authority, and declining revenue from El Norte from the illegals who are being squeezed out of the US job market. On almost all points, the S American countries, most notably Brazil look like a better investment bet IMO.