How can you have free trade at $140 a barrel of oil? Oil and energy expert Byron King says the cost of fueling a cargo ship to travel between Los Angeles and Shanghai is nearly $4 million! That’s an 87% increase since 2005. This increase is altering the patterns of free trade.

This is an interesting article about a Spanish investor who corresponds with Buffett and has an amazing performance record of his own.

It's nearly halfway through 2007, and legendary investor Bill Miller is already falling behind Wall Street -- for the second year in a row.