Investing and Trading News, with a Contrarian, Sarcastic Twist!
What happens when the lender of last resort has had enough? Finance Minister Wolfgang Schaeuble was quoted on Saturday ruling out a higher German contribution to the euro zone’s rescue fund beyond the 211 billion euros approved by parliament last week. In an interview with the Super-Illu newspaper published on Saturday, Schaeuble said Germany would […]
By Carl Swenlin QUESTION: Carl, I have read a lot of articles recently indicating gold miner stocks should go up and outpace gold. So far nothing but a drop in goldminers. Would it be possible for you to show charts of GDX and GDXJ with your comments on one of your daily posts? Thank you […]
Hats off to Jon Stewart, the only “mainstream” media member who consistently gives Ron Paul the time of day. And he poses reasonable questions and challenges to Paul to boot. Paul may not win…in fact I’m pretty sure the country as a whole is too dumb to elect him. We’ve alternated between fascists and socialists […]
The McAlvany Weekly Commentary has fast become one of my favorite financial podcasts (right alongside Financial Sense) – last week’s episode was another good one. The boys interviewed Hunter Lewis, author of Where Keynes Went Wrong, to discuss the man, the myth, and most importantly – his legacy of justifying central economic planning in the […]
The following must-watch interview of Doug Casey was conducted on September 9, 2011 by Tommy Humphreys as part of his new Speculator Series. Humphreys does a great job of pushing Doug to defend his brand of no-holds-barred capitalism and the impact it would have on real people with real problems in today’s tough economy. Casey is […]
CLSA’s Russell Napier merely chuckles at Ben Bernanke’s meager efforts with Operation Twist…and also severely doubts the ability of The Fed to launch QE3. He sees some European banks being nationalized by Christmas, because it’s “The European Way”. Napier disagrees with the argument that valuations are cheap in The West, calling it “an illusion”, because […]
Gary Shilling shares his housing outlook with Larry Kudlow…and it’s pretty bearish. He sees housing dropping another 20% or more over the next 3 years. He sees the economy rolling over again due to a “death by a thousand cuts,” as he eloquently and hilariously puts it. I am nearly finished with Shilling’s most recent […]
Marc Faber shares his latest outlook on an interview with CNBC Asia in this interview. He believes both the gold and equity markets are currently oversold, and is considering adding to his gold position – but is holding off on equities until they drop below the 1100 mark on the S&P 500. (Note this was […]
By Jonathan Lederer, President, Lederer Private Wealth Management As you are probably aware, the financial markets experienced a relatively large sell-off today on the heels of Thursday’s downside price moves following the Federal Reserve’s latest monetary policy announcement. Specifically, the S&P 500 stock index has dropped nearly 6% since Thursday’s Fed meeting, while more volatile […]
We’ve been highlighting uranium a lot all year long because, well, things look pretty bullish for the yellow metal! Last week we ran a piece from Agora’s Byron King, who really likes Cameco. You can read all of our recent uranium analysis here. Doug Casey: Glowing Prospects for Uranium On September 22, 2011, Karen Roche […]
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