Italy 10-Year Bond Yields Breaking Out, Up 20+ BPS in 2 Days

The Contrary Investing Report

Investing and Trading News, with a Contrarian, Sarcastic Twist!

Yields on Italy 10-year bonds are rocking and rolling once again today, up 12 bps as I type, over a 20 bps in the last two days! Source: Bloomberg Regardless of the rhetoric out of Brussels, the final arbiter of the sovereigns’ likeliness to make good on their obligations is the bond market.  And right […]

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Energy guru James Dines thinks that uranium is a screaming buy right now – the buy of a lifetime, in fact.  Here’s his analysis, which he shared with Financial Sense’s Jim Puplava. I think it’s one of the great profit opportunities available right now and I’ll explain why. The announcement that Germany’s going to close […]

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It’s not quite Halloween yet, but some important European charts are starting to look pretty horrifying!  (Hat tip Dr. Evil for making significant contributions to this story.) Let’s start with Italy, our favorite impending disaster, sporting a 120% debt-to-GDP, with enough total weight to take down the entire system.  Italy’s economy has never really been […]

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The McAlvany Weekly Commentary is quickly becoming my other favorite financial podcast/show (alongside Jim Puplava’s Financial Sense Newshour, of course).  Most shows feature an in-depth interview with a money manager and/or financial expert – and most of these guests are excellent. Bert Dohmen, author of The Wellington Letter, was absolutely outstanding a couple of weeks […]

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The poor greenback – it’s the most hated asset on the planet right now.  And why not?  We know that the Fed wants a weaker currency, and appears determined to continue to devalue the buck (in an orderly fashion, of course). But markets never trade in straight lines, and the “short dollar, long everything else” […]

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30 Million Barrels – A Drop In The Bucket by Carl Swenlin Last week the administration released 30 million barrels of crude from the nation’s strategic reserve. This represents about a day-and-a-half of our current usage, so it is really just a drop in the bucket and not likely to have a significant effect on […]

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The folks at Hard Assets Investor, who I sometimes write guest pieces for, got a hold of famed trader Dennis Gartman.  The interview is well worth a read, and you can access it here. Gartman is quite bearish on the euro, and expects that gold will soon surpass it as the #2 reserve currency in […]

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Marc Faber weighed in with his latest thoughts and forecast for the second half of 2011 for Barron’s Mid-Year Roundtable.  As usual, it’s a great bit from Faber…though I did feel slightly cheated we didn’t get to hear his hard-edged accent and slight disgust for modern Western society myself… Barron’s: How does the world look […]

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One of our favorites, legendary investor Felix Zulauf, shares his 2nd half 2011 outlook with Barron’s for their Mid-Year Investment Roundtable.  Zulauf is extremely cautious as we head into the latter part of 2011 – he has several short recommendations, but only reluctantly gave some long ideas “if you have to be in the market”: […]

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Is your portfolio lagging the market?  Why not just track the Pelosi Portfolio! House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress. Pelosi saw her wealth rise due to some stock gains and real estate investments made by […]

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