John Myers Archive
John Myers is editor of Myers’ Energy and Gold Report. The son of C.V. Myers, the original publisher of Oilweek Magazine, John has worked with two of the world’s largest investment publishers, Phillips and Agora. He was the original editor for Outstanding Investments and has more than 20 years experience as an investment writer. John is a graduate of the University of Calgary. He has worked for Prudential Securities in Spokane, Wash., as a registered investment advisor. His office location in Calgary, Alberta, is just minutes away from the headquarters of some of the biggest players in today’s energy markets. This gives him personal access to everyone from oil CEOs to roughnecks, where he learns secrets from oil insiders he passes on to his subscribers. Plus, during his years in Spokane he cultivated a network of relationships with mining insiders in Idaho, Oregon and Washington. Email this author.
With more than 8 percent unemployment and Federal debt approaching $16 trillion, we might believe Washington is taking steps to preserve a Nation on the brink of catastrophe. Instead, the Federal government is launching other initiatives; one of them is to stop a scourge that has befallen America: bullying.
Last month, Chief Justice John Roberts sided with the four “liberal” members of the U.S. Supreme Court and upheld Obamacare. Many Americans who were upset about the decision vented that anger on Twitter. I find it bizarre that many Americans tweeted about “moving to Canada” to enjoy better medical care.
On a hot June afternoon in 1998 in Spokane, Wash., I raised my right hand and pledged my allegiance to the flag and to the United States of America. I felt a lot of emotions that day. I had become a citizen of the greatest Nation on Earth. Yet in some ways I didn’t feel much different, no doubt because of my paternal roots.
Americans have a right to be upset. It is a two-man race for the Presidency, and both candidates embrace big government and big spending. Barack Obama and Mitt Romney favor military intervention abroad, and both men’s healthcare plans have interfered with the free market.
The economy could not be collapsing at a worse time for President Barack Obama. But Obama has a powerful ally in the Federal Reserve. The central bank is set to launch a third round of quantitative easing (QE3) to keep interest rates artificially low and perhaps rescue his Presidency.
Not once in the 30 years that I have been researching the markets have I witnessed the troubles that the world now faces: a stock market slide, falling gross domestic product, rising unemployment and waning confidence.
Four years ago, Barack Obama convinced millions of Americans that he would unite the country and the world. He has failed. The question many people want answered is: Will violence come to America? It seems possible given global events, terrible leadership and a wrecked economy.
Few things have scared the wits out of me more than seeing the movie “The Thing” 30 years ago. With just six months to go until the election, both President Barack Obama and Republican front-runner Mitt Romney seem to have their own “Thing” that scares them: the economy.
Wall Street’s ignorance was on full display this month when Warren Buffett’s top investment advisor Charles Munger explained that gold is a useless relic. Munger thinks people should either be facing a Nazi occupation or else be as stupid as a caveman in order to purchase gold.
Obama tells us that the Republican Party is the challenge because it is mired in the past. If by the past Obama means America’s wealth and greatness, then he is correct. If he is given another four years, America’s greatness will be lost and a superpower will be eviscerated.