Where do we begin? This is the biggest investor panic of our time. There’s no other way to describe this sell off. People just want out of the market—at any price—and they’re not willing to consider any argument for staying in. Based on the numbers we have seen, it… Read More

Stocks covered this issue: Cameco (CCJ) Mosaic (MOS) Energy Resources of Australia (EGRAF) Silver Wheaton (SLW) Diamond Offshore (DO) iShares Silver Trust (SLV) Transocean (RIG) During the first half of 2008 we were treated to one report after another discussing the fresh all-time highs being reached in commodities. Read More

Nuclear power is frequently held out as an important link in the energy chain. Indeed, substantial use of nuclear power, along with wind, solar and other alternatives will all be required to meet the difficult challenge of satisfying the world’s ever-growing demand for energy. The market, however, suffers from… Read More

The stock market had another horrendous day today, with the benchmark S&P 500 Index declining 4 percent on fears the economy is grinding to a halt and that a bailout bill, even if it is approved by the U.S. House of Representatives, won’t go far… Read More

Yes, it’s an unprecedented and costly solution, but by monetizing the issue the government is doing its best to resolve it. This issue we address how the new measures affect the natural resource markets and how rational investors can position themselves to capitalize on the results. Read More

 Beaten down energy stocks in the vicious correction, be they leveraged to natural gas or oil, have great potential for big rebounds in the current environment. One such favorite is Ultra Petroleum (UPL), a company that’s focused on the development of the Pinedale Anticline and Jonah fields in Wyoming’s Green River Basin. The company’s latest quarterly performance was spectacular. Cash flow per share in the second quarter came in at a record $1.17, thanks to a surge in production and strong realized prices. Its production averaged 377 million cubic feet per day (MMcfe/d), 17 percent above the prior year. Ultra’s stellar performance was due to realized natural gas prices that were higher than expected; averaging $10.05/Mcf. The price of its crude oil, meanwhile, averaged roughly $112 a barrel for the period. Read More

We have many indications that the severe correction in natural resources that began in July is now over. That’s not to say our favorite investments are going straight up, but it does mean that any corrections from here should be viewed as additional buying opportunities.  Another of our… Read More

Gold had its biggest one-day rise in 26 years yesterday and many of our favorite investments had similar spectacular moves. When we penned the latest issue of Leeb’s Energy World (Extreme Values), we knew this was a tremendous buying opportunity… Read More

On Monday we sent out an alert to buy Transocean (RIG), the dominant deepwater driller that’s trading at record low valuations. The deep blue sea is the final frontier of oil exploration. And no company comes close to matching Transocean’s experience or its assets for drilling in this extreme environment.With… Read More