Investing and Trading News, with a Contrarian, Sarcastic Twist!
Last week, Barron’s published their annual roundtable for 2012 – again featuring two of our very favorites in Marc Faber and Felix Zulauf. Faber stole the show when he predicted that World War III would begin within five years: “On another optimistic note, World War III will occur in the next five years. That means […]
Analysts agree – they’re wildly bullish on gold! From Hard Assets Investor: The analyst community remains overwhelmingly bullish when it comes to gold in 2012. Respected precious metals consultant GFMS came out Tuesday with its call for $2000/oz gold within the next year. “Concern over nearly all currencies’ long-term value remains acute, and this includes […]
Financial apocalypse guru Marc Faber shared his always-joyous and insightful outlook with Bloomberg last week. His thoughts: Stocks look attractive…relative to government bonds He admits he lost his bearish Treasury bet to David Rosenberg in 2011 Though he still compares the current “bubble” in government debt with the 1999-2000 NASDAQ Source – Bloomberg: Marc Faber Sees […]
In an interview with The Economic Times, Jim Rogers said he’s short “most” emerging markets via the indices: Jim Rogers: I am still short on India. You all should stop calling me up because I am still short India. Yes I love India as the most wonderful country in the world to visit as a […]
The Saudis would prefer to see triple-digit oil here to stay, The Financial Times reports: Ali Naimi, the powerful Saudi oil minister, said the world’s largest oil producer aimed to “stabilize” oil prices slightly below the current level of $111 a barrel. “Our wish and hope is we can stabilise this oil price and keep it […]
Maybe…in another decade or so, says technical guru Carl Swenlin. Either that, or you may be able to make a fine go of it playing the range. Carl explains… Housing Recovery? by Carl Swenlin The market rally on Wednesday was driven in part by a surge in housing stocks, which was triggered by a favorable […]
Is Europe’s Atlas beginning to shrug at the weight of the continent’s collective sovereign debt? Courtesy of John Mauldin’s Weekly Letter: Speaking of downgrades, Egan Jones downgraded Germany from AA to AA- and put the country on negative watch. This is important, as this is what I believe to be the most credible rating agency; […]
Fans of Gerald Celente MUST listen to this Ann Barnhardt interview on the Financial Sense Newshour. She makes Celente look like a schoolboy with her rants, as she calls for a heaping order of justice that includes the execution – yes, execution – of Jon Corzine. Barnhardt is a seasoned veteran of the futures market […]
Acclaimed hedge fund Bridgewater Associates is a little down on the Western world these days, describing the US and Europe as “zombies” that will remain as such until they work through their current massive pile of debt: “What you have is a picture of broken economic systems that are operating on life support,” Mr. Prince […]
The fascinating story of Marion Szablicki, as reported in Marc Faber’s Gloom, Boom and Doom Report *** My economics education was started as a child by my grandfather, Marion Szablicki, who was a living testimonial to the value of gold. Notably, toward the end of his life at 99 years of age in 2010, he felt […]
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