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With the markets at a potential inflection point (an inflection point down, in my humble opinion), I thought it’d be fun and instructive to revisit a topic we’ve noodled on a bit lately. Does News Actually Drive the Financial Markets? It’s common knowledge that increasing earnings drive stock prices – with the only caveat being […]
On Friday I was having a discussion with my friend about inflation, speculating about what may happen to stock prices if inflation were to take hold. Both of us are big fans of Marc Faber, so we were discussing the scenario that Faber has been predicting – that if cash is about to become trash […]
Gold Featured on…Saturday Night Live!? The latest sign that the gold market may be a little overheated right now…Saturday Night Live’s Weekend Update featured investment analysis from Scrooge McDuck! http://www.nbc.com/saturday-night-live/video/clips/update-scrooge-mcduck/1165594/ Shout out and thanks to my good buddy Super Joe for sending this one along! New Reports of the Dollar’s Demise: Greatly Exaggerated? From London’s […]
From London’s The Independent comes the latest report of the dollar’s impending implosion – in an article fittingly titled The Demise of the Dollar. In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving […]
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