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.
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.
Oil at more than $100 per barrel is far too expensive. Despite President Barack Obama’s recent protestations that oil speculators are to blame for expensive petroleum, the truth is that most of the blame rests on his shoulders.
The election of Barack Obama was seen as a pivotal moment of the 21st century: an opportunity for America to be healed by a black President who embraced the ideals needed for a new America. After the new President was anointed by leading celebrities and the mass media, America’s emperor was shown to be naked.
What did Barack Obama do when he first stepped into the Oval Office? He ordered up Obamacare. Lindsey Lohan is addicted to alcohol. Bill Clinton had issues with sex. Obama, however, is a social engineer spending our money to feed his fame addiction.
Mitt Romney has a chance at beating President Barack Obama in the November election. Much depends on whether America will swallow Obama’s Green platform. Obama’s renewable energy plans are as much a flight of fancy as GOP Presidential candidate Newt Gingrich’s idea to build moon bases.