Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
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 […]
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 […]
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 […]
Our buddy Drew Voros at Hard Assets Investor is on a roll! Drew, who recently caught up with Jim Rogers, just posted an exclusive with another favorite of ours, Marc Faber. Faber believes gold has longer to run from here: Marc Faber: People say the price of gold is in a bubble stage and it […]
It’s officially May – time to sell the markets and go away? Does this even still apply these days? Technician Carl Swenlin considers these seasonal tendencies with respect to the all-important primary trend… Six-Month Seasonality Turns Unfavorable by Carl Swenlin May 1 marked the beginning of a 6-month period of unfavorable seasonality. Research published by […]
Hugh Hendry has emerged! He released a new Eclectica letter with a surprising twist – he’s more bullish on the aging, indebted West than he is emerging markets. Last November here in Sacramento, Hendry expressed an admiration for the American way of capitalism, and shared his doubts about the degree of freedom that exists in […]
What better way to capitalize on this epic bull market in gold than to own the junior miners – a highly volatile call option – right? If the past two years are any indication…maybe not. While gold, even with the recent pullback, has had quite the move: There’s been no mistaking the trend in gold […]
Last week on Frank Curzio’s S&A Investor Podcast, Porter Stansberry predicted that the current flood of natural gas to the market would drive the price of oil down below $40 per barrel. Respected energy analyst Marin Katusa of Casey Research begged to differ – and offered up this rebuttal, which I’m republishing for you here. […]
Our friends at Hard Assets Investor, who I’ve penned a few guest articles for in the past, recently got Jim Rogers on the horn from his place in Singapore. Some highlights I found interesting: HAI: If you could buy one commodity right now, what would it be? Rogers: I guess it would probably be something […]
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