The financial markets had a horrible day yesterday. There's no way of sugarcoating it. The Dow closed below 11,900 and both the Nasdaq and the S&P 500 ended about 1.75% lower.

Know what started to climb in after-hours trading?

Grains... Agricultural commodities like corn, wheat and soybeans. This is good news for grains. They had been sliding for a number of days because of lower energy costs. Some stabilization could mean investments in grains are in for a bounce.

Terraco Consolidates Moonlight Land Position and the Drills Turn

Monday Terraco Gold (TEN:TSXV) announced a major extension of the area of its Moonlight Project in Pershing County, Nevada. We have held a share position in Terraco Gold since 2005 and its rapidly expanding neighbor to the south Midway Gold.

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

You know, gasoline prices are supposed to climb as we head into summer, but things are getting a bit ridiculous!

Gasoline prices are up nearly $1.06 a gallon from last year, and it's not even summer yet.

Why is this happening? Well, the Arab nations of OPEC are fighting...

OPEC decided not to produce more crude oil. Or rather, Iran and its cohorts blocked Saudi Arabia's efforts to try to boost production.

Aside from the crummy effect this had on crude oil prices just after the meeting last Wednesday, there are some bigger issues coming to the surface.

The US Train Wreck in Slow Motion

It’s funny how issues and realizations suddenly coalesce at specific moments. Last week we took time from our writing to Chair the Cambridgehouse Critical Metals Seminar in Vancouver and listen to 24 company presentations and a number of keynote speakers, most of them fascinating. When you hear so many companies and executives present certain trends become apparent.

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