Investing and Trading News, with a Contrarian, Sarcastic Twist!
On this blog, no less? 🙂 I noticed this beauty after publishing the Jim Rogers post: I have a third-party vendor manage the placement of banner ads on my blog, so I don’t deal directly with the companies that place them.  I couldn’t help myself, and had to click – I was taken to the […]
Jim Rogers sits down with Wall Street Journal reporter Simon Constable to discuss democracy, China, the US debt crisis, the regulation in the US economy, I especially enjoyed the bit about democracy, and it perhaps being a “luxury good”, around the 2-minute mark. Â Perhaps the best time to make money is to invest when countries […]
Whether you think we’ll see inflation or deflation in the short term, even the most ardent deflationists will admit that inflation is likely, eventually, once the bad credit outstanding has retired to money heaven. So when inflation does return – whether it’s next year, or longer, what are the best ways to shelter cold hard […]
The folks at The Institutional Risk Analyst sat down with “EU financial mess expert” David Kotok, CEO of Cumberland, to discuss the ECB’s (shoddy) options, the Fed’s lack of credibility, and the looming risk of deflation for the West. Kotok: The question of credibility is a continuing problem. It all comes back to solvency. We […]
Chalk up another QE2 success story! Wool prices – yes, wool – has hopped on board the commodity bull, riding to record-high prices. Â The Wisconsin Ag Connection reports: New record wool prices have been set this week, with unchanged supply and demand fundamentals continuing to support the market. Australian wool prices hit a 22-year record […]
Charles Hugh Smith writes on his excellent Of Two Minds website that from 2008-2011, the US Federal government paid roughly $8.70 for every $1 gain in GDP. The Federal government borrowed and spent $6.1 trillion over the past four years to generate a cumulative $700 billion increase in the nation’s GDP. That means we’ve borrowed […]
As you know, there is A LOT of optimism priced into the stock market right now. Â But with this “economic recovery” starting to sputter, and companies racing to adjust their earnings expectations DOWN, what will happen if a string of earnings disappointments comes in? —- Being Street Smart Sy Harding Will the Fed Push Its […]
Ever get the urge to follow US Federal budget interest costs from the comfort of your own home? Â Now you can! Go dig out your bond vigilante hat, and have a blast with this fun Federal deficit interest rate calculator. Hat tip to our friend and correspondent Dr. Evil for sending this resource along.
A Scottish financial historian with an S&P target price of 400? Â Be still, our beating hearts! CLSA’s Russell Napier is my new favorite – take a listen to his interview with Financial Sense’s Jim Puplava. He believes that QE2 has failed in terms of reigniting credit growth – at least here in the US. Â But […]
Yesterday, Google accused – (or “announced that”, depending on which side of the Pacific you’re on) – Chinese hackers targeted the Gmail accounts of some folks who might not exactly be friends of the Chinese government. Â From Minyanville’s Justin Rohrlich: It was announced yesterday that hundreds of gmail passwords were stolen and used to access […]
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