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The Independent Investor: Is Russian Bear Back In His Cave?
By Bill Schmick,
03:46PM / Thursday, December 11, 2014
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Ukraine had been the topic on everyone's lips for over six months. Today, nary a word is written about Russian's plan to annex that nation. You can thank declining oil prices for that.

While most of the West rejoices over the recent precipitous drop in the price of oil, the story is quite different for the largest producer of fossil fuel energy, Mother Russia. That's right, Russia, and not Saudi Arabia, leads the world in energy production. As such, Russia depends on energy for 16 percent of its gross domestic product, 52 percent of total federal revenues and 70 percent of all exports. And that was in 2012. Since then the numbers are even higher.

As the price of

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The Independent Investor: The Truth Behind Black Friday
By Bill Schmick,
05:09PM / Thursday, December 04, 2014
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The disappointing 11 percent decline in brick and mortar retail sales on Black Friday took Wall Street and Corporate America by surprise. Excuses vary from the holiday shopping fad has run its course, to people just wanted to be with their families on Thanksgiving. Don't believe it.

One CEO of a mega-discount retail company, when interviewed, bemoaned the disappointing sales, blaming the economy's 2-3 percent growth range, which he said, "feels like it's kind of perpetual."  For all of the hype and advertising devoted to turning out consumers for the extended Thanksgiving weekend, Black Friday was the biggest dud of the year.

This occurred even as the

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The Independent Investor: Is There a Doctor in the House?
By Tammy Daniels,
03:50PM / Thursday, November 27, 2014
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A doctor shortage in America has been predicted ever since the first Baby Boomers started to retire.  Now, that shortage is coming into question as technology and non-doctor, medical professionals are stepping forward to fill the gap.

The Association of American Medical Colleges predicts the nation will need 90,000 doctors by 2020 and 130,000 physicians by 2025. It is understandable how that organization arrived at that number. Just compute the proportion of Americans who will reach the age of 65 between now and 2030. Add to it the number of Americans newly insured, thanks to the Affordable Care Act, and you come pretty close to those numbers.

However, those figures simply

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The Independent Investor: The Pipeline Made Simple
By Bill Schmick,
08:00PM / Friday, November 21, 2014
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The U.S. Senate rejected passage of the Keystone Pipeline by one vote this week. The controversial energy plan will be back on the agenda, however, in January. For most of us, separating fact from fiction as both sides alter the facts is difficult at best, but here are some things we do know.

First, we can describe the project. The proposed Keystone XL project consists of an 875-mile stretch of pipeline and related facilities that will transport 830,000 barrels per day (bpd) of crude oil from Alberta, Canada, through Montana, South Dakota and Nebraska. It will then connect to existing pipeline facilities that flow through Nebraska, Oklahoma and ultimately down to the Texas Gulf

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The Independent Investor: U.S. and China Square Off
By Bill Schmick,
05:45PM / Friday, November 14, 2014
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In Beijing this week, the annual Asia-Pacific Economic Cooperation summit is winding down. As representatives from its 21 member nations return home, one thing is certain.  China has become America's main rival for influence in that region.

Depending on who you talk to, China's Gross Domestic Product (GDP) is expected to overtake that of the United States sometime in the next five years. Some argue that it may be sooner than that. But while we Americans might fret over falling to second place economically, China's communist leaders could care less. They are eyeing a far larger prize — control of much of the world's natural resources and the means to

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