For the past two days, I've been driving...

I recently won an auction for a mustang -- a gorgeous strawberry roan we're calling Aesop Rye. I spent all of Wednesday towing all 1,000 pounds of him, plus the 3,500-pound trailer.

The trip was grueling, and we made plenty of pit stops along the way. But surprisingly, one of the things that didn't bother us as much was the price of gas.

In Milwaukee, Wis., gas prices are running between $3.60 and $4. The farther south we went, the cheaper gas prices got. In Oklahoma City, just north of where we picked up Aesop, gas was going for $3.23 -- more than 10% cheaper!

And gas prices could be falling even more in the next few days.

Published: 26 June 2011
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Quaterra’s Yerington Acquisition

Smartstox’s Stanley Hunt interviewed Quaterra’s Dr. Tom Patton on June 7. For those of you that have lost faith or just grown tired I would suggest that you watch this interview. It lasts a short 11 plus minutes and will make you more aware. I have also included press articles detailing QMM’s Yerington opportunity.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

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Published: 24 June 2011
Written by Editor
Financial   Research  

 I have to issue a major correction from last Thursday's Smart Investing Daily article. In it, I said that the PowerShares DB Agriculture ETF (DBA:NYSE) was mostly made up of coffee futures. This is not the case.

I relied on Yahoo! Finance's information on the ETF's holdings, which claimed to be accurate as of May 31, 2011. Here's a screenshot.

View Yahoo Finance: DBA Holdings Listed Image

I should have looked closer. There are some futures in there with an expiration of 2010. I sincerely apologize for the mistake. Thank you Smart Investing Daily reader J.U. for correcting me.

Published: 22 June 2011
Read more: Boost in China Consumption Could Mean Higher Corn Prices

A Spoonful of Sugar

As I prepare for my upcoming July 18 presentation to the Fed, I try not to listen to the cable commentators. Even Bloomberg and Fox Business are unabashed cheer leaders for the stock market and the “all is well” Bernanke Rx. It has become very clear that the current treatment by Dr. B and the Congress is insufficient to get the US economic ball rolling again. No matter how hard they have pushed the economy uphill toward a positive tipping point, the economic ball has rolled back down for the past three years and quashed hopes every time – unemployment, housing, real wages, asset inflation, zombie consumers … .

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

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Published: 22 June 2011
Written by Editor
Financial   Research  

Talison: Not Broken, Just Not Known

On Friday Talison Lithium shares fell $.32 (7.7%) on 322,279 shares. In the past 6 months the shares have declined 43%. This decline is most mysterious and we have received numerous emails asking what happened, what’s wrong. First, we are owners in size of the company’s shares. Last month Chris visited the company in Australia and toured the expanding, very high grade Greenbushes spodumene deposit.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

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Published: 20 June 2011
Written by Editor
Financial   Research  
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