Search completed
A quick summary of Jim Rogers’ interview on Bloomberg from 10/24/08 – I just can’t get enough of Jimmy (if you couldn’t tell): The best place to have your money is (drumroll…) in commodities. Why? Because this credit crunch will drastically hurt the supply of commodities. “Farmers cannot get loans to expand. Nobody’s going to […]
Japanese stocks have hit their lowest point since 1982, Agora Financial points out with this fine illustration:
I pulled this chart straight from the St. Louis Federal Reserve website. Can you spot the trend? Sorry the picture came through a bit blurry – you can click the link above for a closer shot – that would be September 2008 where the chart does a hockey stick up to the sky.
Top posts from the past week: The Case for Shorting Long Dated US Treasuries Why the Yen and Dollar are Rallying GoldMoney: Gold’s New Highs vs. Other Currencies Jim Rogers on CNBC: October 22, 2008 Foods and Softs Outlook A review of my futures trades from the previous week: Covered my Swiss Franc long – […]
Remember when the grains and softs were doing moonshots, and every other column here was about bullish news for food prices? Seems like just yesterday I was imploring a much smaller readership base to sugar me sweet. While my favorite soft commodities (sugar, coffee, cotton) remain parked on my wish list as we wait for […]
Jim Rogers lays the smack down on some CNBC poindexters. I really enjoy these types of nitwit commentators getting toasted by Jim – it reminds me of late 80’s wrestling, where they’d trot our some no name guy on Saturday afternoon WWF Superstars to get destroyed by the Ultimate Warrior in 15 seconds. Check out […]
Ron Paul hits the ball out of the park in his commentary on the bank bailouts and our handling of the economic downturn:
James Turk’s latest GoldMoney commentary is now available on his website. Check out the charts of gold vs. other currencies – it really took me aback. As down as we all are on golds recent performance, it’s important to realize that gold’s performance is disappointing in US dollar terms. It is holding up relatively well […]
Here’s the best explanation I’ve read yet – courtesy of Everbank’s Chris Gaffney – in today’s Daily Pfennig: These investors had to sell some of their higher yielding assets to make up for the losses, and a move toward deleveraging started to emerge. As these first investors sold these assets, their price dropped, forcing still […]
Dr. Steve Sjuggerud writes in today’s Daily Wealth that we may have a once-in-a-lifetime buying opportunity in gold stocks. He believes – as many readers here do – that we’re due for an incredible rise.
Recent Comments