Investing and Trading News, with a Contrarian, Sarcastic Twist!
Regular contributor Sy Harding takes issue with Bernake’s take that inflation is not a concern…he’s dead wrong, says Sy! —- The Fed is Wrong – Inflation Has Arrived Being Street Smart Sy Harding February 17, 2011 Fed Chairman Bernanke says inflation is still benign and not a concern. He’s wrong! And he’s behind the curve, […]
The breakout in uranium – and uranium miners – continues, as Global X Uranium ETF URA powers out to new highs: It is an all-out bull market in “the other yellow metal.” (Source: StockCharts.com) Last month we broke down the supply and demand fundamentals for uranium, and concluded that things looked pretty promising. URA was […]
Emerging markets appear to be in the process of rolling over – will Brazil soon follow India and China? Though Brazilian shares have rallied in the past week, they still sit 6% lower year-to-date. You’ll notice Brazil’s iShares ETF (EWZ) has been smacking its head on the 79 level since autumn – to no avail: […]
When the talking heads on CNBC say that stocks reasonably valued today, I have no clue what they are talking about. At least I’m in good company, as neither does the indomitable John Hussman – he writes: Last week, the S&P 500 Index ascended to a Shiller P/E in excess of 24 (this “cyclically-adjusted P/E” or […]
Wow – I’d have guessed at least 10% lower if you’d asked me. Today’s Wall Street Journal reports (hat tip Dave Rosenberg): The median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to an analysis for The Wall Street Journal by real-estate portal Zillow.com. […]
A 1930’s style executive order against gold was delivered by the Dutch Central Bank to a pension fund, Zero Hedge reports: Perhaps the most stunning example of what may be in store for asset managers and pension funds (and possibly retail holders) who dare to challenge central bank monetary authority comes from the Netherlands, where […]
With cattle prices hitting all-time highs, I decided to take a look at the broader causes for the trend – both short term and long term. To read the full article, please hop over to Hard Assets Investor. *** Where’s the Beef? Cattle Prices Hit All-Time Highs Cattle prices are at all-time highs, thanks to […]
We’ve seen a lot of mustard on the price action in rough rice since we initiated our long May 2011 futures position – but for all that, we are just about where we started: Which, actually, is perfectly fine with me. Since I generally use a 15-day low as my stop on these trades, a […]
Regular contributor Sy Harding takes a look at the amazing levitation the US stock market continues to display – which is especially impressive given the ugly price action we’re seeing in the BRIC’s… —- The US Market’s Remarkable Resilience Being Street Smart Sy Harding February 11, 2011 The U.S. stock market’s continuing strength in the […]
Here’s a fantastic comparison of our current recession with the Great Depression by Doug Casey, who illustrates why broader trends and fundamentals were actually much brighter during the 1930’s and 40’s than they are today… (And if you like Doug’s piece, you should also check out my recent piece: Comparing the Current Recession/Depression with THE […]
Recent Comments