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We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

  • Featured Story

    Mideast Crisis Turns Attention to Saudi Arabia Oil Supply

    Libya's political turmoil yesterday (Thursday) continued to rage near the country's important oil patch cities, as Col. Moammar Gadhafi's military fought to secure ports and refineries.

    Libya's government tried to portray a sense of security to foreign reporters who toured the Zawiya Oil Refinery Co. yesterday, even as rebel forces remained in place throughout the surrounding city.

    Rebels also infiltrated Brega, an oil port in eastern Libya, as government warplanes struck the site, according to the Associated Press.

    Read More...
  • Middle East

  • Why You Should Worry About the Iran Oil Sanctions I cut my teeth doing energy-related deals in the Soviet Union and still spend a lot of time consulting in Russia and the Caspian Sea basin. These days, my work takes me all over the globe. But the part of the world where my career began still holds the key for future oil supplies.

    Especially the Caspian.

    This land-locked body of water borders five countries, each having major oil-and-gas reserves.

    One of those countries is Iran - the focus of the latest problem that's cropped up in the global energy sector.

    And that "problem" - Iran oil sanctions - is certain to bring about an increase in the price of crude oil.

    Two sanction-spawned catalysts will boost oil prices. To see them, read on... Read More...
  • Question of the Week: Readers Respond to Money Morning's Afghanistan Mineral Wealth Query The news that there is $1 trillion of Afghanistan mineral wealth hiding in the country's scarred and deserted landscape has global investors calculating how likely it would be for this incredibly poor country to transform itself into a natural-resources powerhouse.

    It has also spawned debates about which nations should be given a piece of this vast apparent fortune.

    The discovery - and its transformational potential - is mind-boggling: At $1 trillion, the estimated value of the mineral reserves is 100 times the size of Afghanistan's entire economy, estimated at $12 billion. And it's not just the dollar figures that could bring about change. Much of Afghanistan's economic activities involve drug-trafficking and terrorism. About 40% of the country's population lives below the poverty line, and 70% lives on $2 a day.

    Read More...
  • We Want to Hear From You: Is Afghanistan's Mineral Wealth a Blessing or a Curse? The news that there is $1 trillion of Afghanistan mineral wealth hiding in the country's scarred and deserted landscape has global investors calculating how likely it would be for this incredibly poor country to transform itself into a major global exporter.

    It has also spawned debates about which nations should be given a piece of this potential fortune.

    At $1 trillion, the estimated value of the mineral reserves is 100 times the size of Afghanistan's $12 billion economy. And it's not just the dollar figures that could bring about change. Much of Afghanistan's economic activities involve drug trafficking and terrorism. About 40% of the country's population lives below the poverty line, and 70% lives on $2 a day.

    Read More...
  • Dubai World May Ask Banks to Take 20% "Haircut," Delay Payments to Solve its Debt Bomb Dubai World may ask banks to take a so-called 20% "haircut" from the face values on their loans and stretch out loan maturities when it presents a restructuring plan this month.

    The banks may be able to avoid the haircut if they allow the state-owned investment firm to stretch payments for as... Read More...
  • How to Profit from the Middle East’s Global Expansion Editor's Note: Middle Eastern countries know their oil supplies aren't going to last forever. So they're pumping more than $2 trillion into new, long-term economic projects – such as brand new cities that will function as both business and vacation hot spots. A special report jointly developed by U.K. affiliate MoneyWeek Magazine and our experts […] Read More...
  • Middle East ETFs Will be Available "This Year" By Mike Caggeso Associate Editor Several Middle East markets are expected to launch exchange-traded funds (ETFs) this year, according to a senior official at Morgan Stanley (MS), opening the door to the region's very lucrative, fast-growing economies. "Most exchanges in the region would like ETFs, even Saudi Arabia. The region sees ETFs as an appealing […] Read More...
  • Why the Gulf's Currency Integration Will Benefit International Investors By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report On Jan. 1, six Gulf states joined together – Saudi Arabia, Qatar, Bahrain, Oman, the United Arab Emirates (UAE) and Kuwait – to form a single common market, not unlike the European Union (EU), which has served as its model. The common market, valued at […] Read More...