The Contrary Investing Report
Investing and Trading News, with a Contrarian, Sarcastic Twist!


Why You Should Wait to Start Buying Natural Gas Stocks

May 14, 2012

The bloodbath in natural gas is about to carry over to the stock prices of producers, writes our energy expert Marin Katusa.  While the price of “the natty” as already been hammered, the reserves of natural gas companies have not yet been sufficiently written down to reflect the new bargain basement price levels.  When that [...]

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Marc Faber Sees 1987 Crash Potential for Stocks

May 11, 2012

It’s been a little while since Marc Faber dropped an outrageous prediction to the mainstream media – nice to see the streak busted in a big way!
Faber spoke with Bloomberg and, in a beauty of an interview, he:

Said the Eurozone should eventually kick out every country except Germany (but allow the other countries to use [...]

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7 More Bullish Fundamentals for Agriculture

May 11, 2012

Sovereign Man Simon Black gave a nice breakdown of seven bullish fundamentals for agriculture in the years (and even decades) ahead:
On the demand side:
1) World population isn’t getting any smaller for now. Even some of the most Malthusian models show a continued rise in global population for the next few decades until peak resources and economic conditions [...]

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More from Rick Rule on Junior (and Senior) Gold Stocks

May 10, 2012

Here’s another interview with Rick Rule (also see his recent interview with Jim Puplava) – the subject of this one is heavily focused on junior resource miners, as he sits down with Louis James at the recent Casey Research Summit.  I always love his catchphrase that you’re either a contrarian or a victim.
Rule likes precious [...]

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Upon Further Review, Jobs Numbers Even Worse Than Reported

May 7, 2012

Remember those crappy jobs numbers reported on Friday?  Well, they were even worse than reported when you peel the onion back.  Currency analysts Chris Gaffney and Chuck Butler take a look at the report from Friday…
Jobs Data Push Speculators Out of the Market
by Chris Gaffney, EverBank
Good day, and welcome to another week. Chuck finally made [...]

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Jim Chanos’ Current Short Positions and Outlook on China

May 6, 2012

This morning on Bloomberg I caught an interesting Jim Chanos interview – here it is below, along with my notes – in summary, Chanos:

Views Petrobras and other national energy companies as “giant ATM machines” for their national governments, as well as patronage job locaters.
Thinks the natural gas revolution in the US is for real – [...]

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B of A Gets “Bailout Rolled” by Joke Website

May 6, 2012

Eat your heart out, Rick Rollers!  Bank of America has been hilariously “Bailout Rolled” by joke website YourBofA.com.
****

Dear Fellow American,
Welcome to your Bank of America.
Today, it’s time to acknowledge that our Bank isn’t working anymore—not just for the market, but for people, our real customers. We’ve paid $8.58 billion in relief to borrowers and $3.24 billion in fines. [...]

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Pimco Housing Bear “Back In” After Six Years of Renting

May 6, 2012

Pimco’s Mark Kiesel says he’s “back in” the housing market after renting the past six years.  Kiesel sold his last house in 2006, when he was presciently concerned that the US housing market was in a bubble.
He admits that headwinds remain, but believes that fundamentals have improved to the point of making housing attractive once [...]

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Millennials and French Voters Agree: Gov Should Provide Everything

May 6, 2012

The bear market in life, liberty, and property may still have some room to run – especially if today’s election in France is any indication.  The need for austerity will soon meet unrealistic handout expectations in the US, Western Europe, and Japan, writes David Galland.
On the bright side, though, the economics professor from Florida highlighted [...]

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Euro Held Hostage By Weekend Elections

May 4, 2012

By Chuck Butler, EverBank
After reaching a high of nearly $106 on Wednesday, the price of oil has hit the slippery slope (yay!) all the way down to $101.27 this morning. While it will take a while before this ride on the slippery slope is seen at the gas pump, if ever, the psychological feeling it has [...]

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